Medico Electrodes International Limited

Manufacturer of disposable ECG electrodes for global distribution, including stress test and holter electrodes.

2011 | Delhi (India) | Active
Last Updated: February 21, 2025

Medico Electrodes International Profile

Key Indicators

  • Authorised Capital ₹ 21.00 Cr
  • Paid Up Capital ₹ 20.30 Cr
  • Company Age 13 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 250.01 Cr
  • Satisfied Charges ₹ 63.00 Cr
  • Revenue Growth 10.48%
  • Profit Growth 11.45%
  • Ebitda 3.09%
  • Net Worth 18.02%
  • Total Assets 12.81%

About Medico Electrodes International

Medico Electrodes International Limited (MEIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 June 2011 and has a history of 13 years and eight months. Its registered office is in Delhi, India.

The Company is engaged in the Healthcare Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 21.00 Cr and a paid-up capital of Rs 20.30 Cr.

The company currently has active open charges totaling ₹250.01 Cr. The company has closed loans amounting to ₹63.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Medico Electrodes International Limited India are Sandeep Ahuja as COMPANY SECRETARY and Rahul Sharma as Cfo. Veena Mehra, Amit Mehra, Nimish Singhania, and Five other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U33110DL2011PLC221311

  • Company No.

    221311

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Jun 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Healthcare

What products or services does Medico Electrodes International Limited offer?

Medico Electrodes International Limited offers a wide range of products and services, including Diagnostic Medical Imaging Equipment, Medical Electrodes, Ultrasound Accessories, Physiotherapy & Rehab Aids, Heating Pads, ECG Accessories, Metal and Alloy Wires, Welding Wires, Industrial Chemicals & Supplies, Agro Chemicals.

Who are the key members and board of directors at Medico Electrodes International?

Executive Team (3)

NameDesignationAppointment DateStatus
Amit Mehra Country flag representing In Managing Director23-Jun-2011Current
Sandeep Ahuja Country flag representing In Company Secretary19-Jul-2016Current
Rahul Sharma Country flag representing In CFO24-Dec-2015Current

Board Members (7)

NameDesignationAppointment DateStatus
Nimish Singhania Country flag representing In Director 09-Nov-2015Current
Aryaman Mehra Country flag representing In Director 08-Jun-2020Current
Arunima Mehra Country flag representing In Director 20-Oct-2015Current
Veena Mehra Country flag representing In Director 20-Oct-2015Current
Ajay Bassi Country flag representing In Director 03-Mar-2016Current
Arun Mehra Country flag representing In Director 23-Jun-2011Current

Financial Performance of Medico Electrodes International.

Medico Electrodes International Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.48% increase. The company also saw a substantial improvement in profitability, with a 11.45% increase in profit. The company's net worth Soared by an impressive increase of 18.02%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
10.48%
Revenue from Operations
6.24%
Total Assets
12.81%
Profit or Loss
11.45%
Net Worth
18.02%
EBITDA
3.09%

What is the Ownership and Shareholding Structure of Medico Electrodes International?

In 2024, Medico Electrodes International had a promoter holding of 100.00%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹250.01 Cr

Satisfied Charges

₹63.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 100.01 Cr
  • Hdfc Bank Limited : 90.00 Cr
  • Axis Bank Limited : 60.00 Cr

Latest Charge Details

DateLenderAmountStatus
04 May 2022Others₹100.00 CrOpen
07 Jan 2020Hdfc Bank Limited₹90.00 CrOpen
23 Jan 2019Others₹0.10 MOpen
27 Jun 2015Axis Bank Limited₹60.00 CrOpen
29 Jul 2020Axis Bank Limited₹10.00 CrSatisfied

How Many Employees Work at Medico Electrodes International?

Medico Electrodes International has a workforce of 497 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Medico Electrodes International, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Medico Electrodes International's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Medico Electrodes International

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 0.01 Cr registered on 23 Jan 2019 with Charge ID 100242712 was modified on 06 Dec 2024.

    06 Dec 2024

  • Annual General Meeting

    Medico Electrodes International Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 90.00 Cr registered on 07 Jan 2020 with Charge ID 100319585 was modified on 23 Aug 2024.

    23 Aug 2024

  • Balance Sheet

    Medico Electrodes International Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 100.00 Cr registered on 04 May 2022 with Charge ID 100574421 was modified on 05 Jun 2023.

    05 Jun 2023

  • Charges

    A charge with Others amounted to Rs. 100.00 Cr with Charge ID 100574421 was registered on 04 May 2022.

    04 May 2022

Frequently asked questions

  • Medico Electrodes International Limited was incorporated on 23 Jun 2011.

  • The authorized share capital of Medico Electrodes International Limited is ₹ 21.00 Cr and paid-up capital is ₹ 20.30 Cr.

  • Currently 10 directors are associated with Medico Electrodes International Limited.

    • Veena Mehra
    • Amit Mehra
    • Nimish Singhania
    • Arunima Mehra
    • Sandeep Ahuja
    • Aryaman Mehra
    • Ajay Bassi
    • Arun Kumar Mehra
    • Molly Mehra
    • Rahul Sham Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Medico Electrodes International Limited is Unit No. Dtj 325 Third Floor Plot No.11 Dlf Tower B, Jasola India, New Delhi, 110025.

  • The corporate identification number (CIN) of Medico Electrodes International Limited is U33110DL2011PLC221311 and the company number is 221311 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Medico Electrodes International Limited is https://www.medicoelectrodes.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Medico Electrodes International Limited has risen by 10.48%.

  • As Per 2023 financial reports, 497 employees are currently employed by Medico Electrodes International Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Medico Electrodes International Limited has experienced an upsurge of 18.02%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Medico Electrodes International Limited amount to ₹ 250.01 Cr.

  • The most recent Balance Sheet for Medico Electrodes International Limited was filed with the ROC on 31 Mar 2024.

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