Medisales (India) Private Limited

Manufactures and trades pharmaceutical products, provides logistics and distribution services.

1999 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Medisales (India) Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.01 Cr
  • Company Age 25 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 46.53 Cr
  • Satisfied Charges ₹ 68.75 Cr
  • Revenue Growth 7.93%
  • Profit Growth -18.93%
  • Ebitda -11.85%
  • Net Worth 5.40%
  • Total Assets 0.23%

About Medisales (India)

Medisales (India) Private Limited (MIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 October 1999 and has a history of 25 years and four months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Millers Pharma Private 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 2024. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 2.01 Cr.

The company currently has active open charges totaling ₹46.53 Cr. The company has closed loans amounting to ₹68.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Narendra Srisrimal, Prabha Srisrimal, and Ayushi Srisrimal serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    medisalesindia.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24231TN1999PTC043331

  • Company No.

    043331

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Oct 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Pharma

Who are the key members and board of directors at Medisales (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Narendra Srisrimal Country flag representing In Managing Director15-Mar-2006Current

Board Members (2)

NameDesignationAppointment DateStatus
Prabha Srisrimal Country flag representing In Director 15-Feb-2022Current
Ayushi Srisrimal Director 12-Aug-2024Current

Financial Performance of Medisales (India).

Medisales (India) Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.93% increase. The company also saw a substantial fall in profitability, with a 18.93% decrease in profit. The company's net worth moved up by a moderate rise of 5.4%.

Medisales (India) revenue growth over time
Medisales (India) 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
7.93%
Revenue from Operations
7.38%
Total Assets
0.23%
Profit or Loss
-18.93%
Net Worth
5.40%
EBITDA
-11.85%

What is the Ownership and Shareholding Structure of Medisales (India)?

In 2023, Medisales (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹46.53 Cr

Satisfied Charges

₹68.75 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 43.03 Cr
  • Others : 3.50 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jun 2024Others₹3.50 CrOpen
27 Jul 2021Hdfc Bank Limited₹0.36 MOpen
25 Nov 2019Hdfc Bank Limited₹43.00 CrOpen
09 Aug 2018Others₹22.00 CrSatisfied
27 Jun 2017Standard Chartered Bank₹10.00 CrSatisfied

How Many Employees Work at Medisales (India)?

Medisales (India) has a workforce of 375 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.

Employee growth trends for Medisales (India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Medisales (India), 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 Medisales (India)'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 Medisales (India)

Recent activity within the organization

  • Annual General Meeting

    Medisales (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Ayushi Srisrimal was appointed as a Director was appointed as a Director on 12 Aug 2024 & has been associated with this company since 6 months 22 days .

  • Charges

    A charge with Others amounted to Rs. 3.50 Cr with Charge ID 100948765 was registered on 28 Jun 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 43.00 Cr registered on 25 Nov 2019 with Charge ID 100309457 was modified on 28 May 2024.

  • Balance Sheet

    Medisales (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Director Appointment

    Prabha Srisrimal was appointed as a Director was appointed as a Director on 15 Feb 2022 & has been associated with this company since 3 years 17 days .

Frequently asked questions

  • What is the Incorporation or founding date of Medisales (India) Private Limited?

    Medisales (India) Private Limited was incorporated on 12 Oct 1999.

  • What is authorized share capital and paid-up capital of Medisales (India) Private Limited?

    The authorized share capital of Medisales (India) Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 2.01 Cr.

  • Who are the current board members & directors of Medisales (India) Private Limited?

    Currently 3 directors are associated with Medisales (India) Private Limited.

    • Narendra Kumar Srisrimal
    • Prabha Srisrimal
    • Ayushi Srisrimal

  • What is the registered address of Medisales (India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Medisales (India) Private Limited is No.25/12 Canal Road 2Nd Floor, Kilpauk India, Chennai, Tamil Nadu, 600010.

  • What is the corporate identification number (CIN) and company number of Medisales (India) Private Limited?

    The corporate identification number (CIN) of Medisales (India) Private Limited is U24231TN1999PTC043331 and the company number is 043331 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Medisales (India) Private Limited?

    The Official website of Medisales (India) Private Limited is https://www.medisalesindia.com

  • What has been the recent revenue trend for Medisales (India) Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Medisales (India) Private Limited has risen by 7.93%.

  • How many employees does Medisales (India) Private Limited currently have?

    As Per 2023 financial reports, 375 employees are currently employed by Medisales (India) Private Limited.

  • What change has been observed in the net worth of Medisales (India) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Medisales (India) Private Limited has experienced an upsurge of 5.40%.

  • What are the total open charges for Medisales (India) Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Medisales (India) Private Limited amount to ₹ 46.53 Cr.

  • When was the last Balance Sheet of Medisales (India) Private Limited filed with the ROC?

    The most recent Balance Sheet for Medisales (India) Private Limited was filed with the ROC on 31 Mar 2024.

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