Medico Intercontinental Limited

Founded in 1984 and headquartered in Gujarat, India.

1984 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 03, 2024

Medico Intercontinental Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 10.00 Cr
  • Company Age 40 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.55 Cr
  • Revenue Growth 24.85%
  • Profit Growth 29.95%
  • Ebitda 9.44%
  • Net Worth 348.23%
  • Total Assets 150.48%

About Medico Intercontinental

Medico Intercontinental Limited (MIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 August 1984 and has a history of 40 years and six months. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 539938.

The Corporate was formerly known as Intercontinental Leasing And Finance Company Limited. The Company is engaged in the Pharma Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 10.00 Cr.

The company currently has active open charges totaling ₹10.55 Cr.

The Key Managerial Personnel (KMP) at Medico Intercontinental Limited India are Jay Shah as Cfo, Puneeta Sharma as Company Secretary, and Dilipkumar Bhogilal as Ceo. Priyank Sancheti, Swati Shah, Ankur Dave, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L24100GJ1984PLC111413

  • Company No.

    111413

  • Stock Symbol

    BSE : 539938

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Aug 1984

  • Date of AGM

    30 Jun 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Pharma

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

Executive Team (4)

NameDesignationAppointment DateStatus
Jay Shah Country flag representing In CFO12-Aug-2019Current
Puneeta Sharma Company Secretary01-Jun-2019Current
Dilipkumar Bhogilal Country flag representing In CEO29-May-2019Current
Samir Shah Country flag representing In Managing Director14-Aug-2018Current

Board Members (5)

NameDesignationAppointment DateStatus
Priyank Sancheti Country flag representing In Director 14-Nov-2022Current
Swati Shah Country flag representing In Director 29-May-2019Current
Ankur Dave Country flag representing In Director 23-Mar-2019Current
Nikul Shah Country flag representing In Director 28-May-2022Current
Tanvi Shah Country flag representing In Director 14-Aug-2018Current

Financial Performance of Medico Intercontinental.

Medico Intercontinental Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.85% increase. The company also saw a substantial improvement in profitability, with a 29.95% increase in profit. The company's net worth Soared by an impressive increase of 348.23%.

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
24.85%
Revenue from Operations
24.55%
Total Assets
150.48%
Profit or Loss
29.95%
Net Worth
348.23%
EBITDA
9.44%

What is the Ownership and Shareholding Structure of Medico Intercontinental?

In 2023, Medico Intercontinental had a promoter holding of 54.78% and a public holding of 45.22%. The company had 4 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

₹10.55 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 9.50 Cr
  • Others : 1.05 Cr

Latest Charge Details

DateLenderAmountStatus
02 Mar 2021Others₹1.05 CrOpen
06 Nov 2020Standard Chartered Bank₹1.00 CrOpen
04 May 2019Standard Chartered Bank₹8.50 CrOpen

How Many Employees Work at Medico Intercontinental?

Medico Intercontinental has a workforce of 17 employees as of Mar 29, 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 Intercontinental, 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 Intercontinental'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 Intercontinental

Recent activity within the organization

  • Annual General Meeting

    Medico Intercontinental Limited last Annual general meeting of members was held on 30 Jun 2023 as per latest MCA records.

    30 Jun 2023

  • Balance Sheet

    Medico Intercontinental Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 1.05 Cr registered on 02 Mar 2021 with Charge ID 100439361 was modified on 23 Jul 2021.

    23 Jul 2021

  • Charges

    A charge with Others amounted to Rs. 1.05 Cr with Charge ID 100439361 was registered on 02 Mar 2021.

    02 Mar 2021

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 1.00 Cr with Charge ID 100384693 was registered on 06 Nov 2020.

    06 Nov 2020

  • Director Appointment

    Jay Sharadkumar Shah was appointed as a Cfo was appointed as a Cfo on 12 Aug 2019 & has been associated with this company since 5 years 6 months .

    12 Aug 2019

Frequently asked questions

  • Medico Intercontinental Limited was incorporated on 14 Aug 1984.

  • The authorized share capital of Medico Intercontinental Limited is ₹ 20.00 Cr and paid-up capital is ₹ 10.00 Cr.

  • Currently 9 directors are associated with Medico Intercontinental Limited.

    • Jay Sharadkumar Shah
    • Puneeta Sharma
    • Dilipkumar Shah Bhogilal
    • Priyank Lalitbhai Sancheti
    • Swati Vikramkumar Shah
    • Ankur Amiram Dave
    • Nikul Dipakbhai Shah
    • Tanvi Samirbhai Shah
    • Samir Dilipkumar Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Medico Intercontinental Limited is 1-5Th Floor Adit Raj Arcade, Nr Karma Shreshtha Tower 100 Ft Rd Satellite, Ahmedabad, Gujarat, India, 380015.

  • The corporate identification number (CIN) of Medico Intercontinental Limited is L24100GJ1984PLC111413 and the company number is 111413 as per Ministry of Corporate Affairs (MCA).

  • Yes, Medico Intercontinental Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Medico Intercontinental Limited is https://www.medicointercontinental.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Medico Intercontinental Limited has risen by 24.85%.

  • As Per 2023 financial reports, 17 employees are currently employed by Medico Intercontinental Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Medico Intercontinental Limited has experienced an upsurge of 348.23%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Medico Intercontinental Limited amount to ₹ 10.55 Cr.

  • The most recent Balance Sheet for Medico Intercontinental Limited was filed with the ROC on 31 Mar 2023.

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