Medispec India Profile
Key Indicators
- Authorised Capital ₹ 3.00 M
- Paid Up Capital ₹ 2.40 M
- Company Age 29 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 9.65 Cr
- Satisfied Charges ₹ 13.17 Cr
- Revenue Growth 90.35%
- Profit Growth 88.73%
- Ebitda 63.91%
- Net Worth 28.71%
- Total Assets 14.31%
About Medispec India
Medispec India Limited (MIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 31 July 1995 and has a history of 29 years and six months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Medi-Spec Instruments India Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 2.40 M.
The company currently has active open charges totaling ₹9.65 Cr. The company has closed loans amounting to ₹13.17 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vipul Chhatbar, Nikita Chhatbar, and Vikkalp Chhatbar serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24230MH1995PLC091242
- Company No.
091242
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
31 Jul 1995
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Medispec India Limited offer?
Medispec India Limited offers a wide range of products and services, including Medical Laboratory Instruments, Pathology Lab Equipments, Enclosures & Cabinets, Electric Enclosures, Clean Room Fittings and Furniture, Biosafety Cabinets, Microplate Reader, Medical Refrigerator Systems, Laboratory Freezers, Lab Incubator.
Who are the key members and board of directors at Medispec India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vipul Chhatbar  | Managing Director | 31-Jul-1995 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nikita Chhatbar | Whole-Time Director | 15-Dec-1998 | Current |
| Vikkalp Chhatbar | Whole-Time Director | 24-Jul-2019 | Current |
Financial Performance of Medispec India.
Medispec India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 90.35% increase. The company also saw a substantial improvement in profitability, with a 88.73% increase in profit. The company's net worth Soared by an impressive increase of 28.71%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Medispec India?
In 2023, Medispec 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.
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Genexplore Medisquare Diagnostics Center LlpVipul Chhatbar is a mutual person
Charges (Loans)
₹96.50 M
₹131.67 M
Charges Breakdown by Lending Institutions
- Others : 9.65 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Dec 2012 | Others | ₹9.65 Cr | Open |
| 31 Dec 2020 | Others | ₹2.00 M | Satisfied |
| 30 Dec 2020 | Others | ₹1.00 Cr | Satisfied |
| 30 Jan 2013 | Indusind Bank Ltd. | ₹6.33 Cr | Satisfied |
| 25 Mar 2011 | Dhanlaxmi Bank Limited | ₹3.00 Cr | Satisfied |
How Many Employees Work at Medispec India?
Medispec India has a workforce of 22 employees as of Mar 30, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Medispec 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 Medispec India's trajectory.
Rating
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
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.
