

Medispec India Profile
Key Indicators
- Authorised Capital ₹ 3.00 M
- Paid Up Capital ₹ 2.40 M
- Company Age 29 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 10.65 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 eight months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Medi Spec Instruments (India) 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 2024. 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 ₹10.65 Cr. The company has closed loans amounting to ₹13.17 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vikkalp Chhatbar, Nikita Chhatbar, and Vipul 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 2024
- Date of Balance Sheet
31 Mar 2024
- 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
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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.

Related Corporates (Common Directorship)
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- Biospec Private Limited
Nikita Chhatbar and Vipul Chhatbar are mutual person
- Genexplore Medisquare Diagnostics Center Llp
Vipul Chhatbar is a mutual person
Charges (Loans)
₹106.50 M
₹131.67 M
Charges Breakdown by Lending Institutions
- Others : 10.65 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
28 Oct 2024 | Others | ₹1.00 Cr | Open |
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 |
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.
Latest Updates, News, and FAQs on Medispec India
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 10.00 M with Charge ID 101015167 was registered on 28 Oct 2024.
- Annual General Meeting
Medispec India Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Medispec India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Others of Rs. 96.50 M registered on 28 Dec 2012 with Charge ID 10396387 was modified on 29 May 2023.
- Charges
A charge registered on 31 Dec 2020 via Charge ID 100438903 with Others was fully satisfied on 16 Jul 2022.
- Charges
A charge registered on 30 Dec 2020 via Charge ID 100408291 with Others was fully satisfied on 23 Mar 2022.
Frequently asked questions
What is the Incorporation or founding date of Medispec India Limited?
Medispec India Limited was incorporated on 31 Jul 1995.
What is authorized share capital and paid-up capital of Medispec India Limited?
The authorized share capital of Medispec India Limited is ₹ 3.00 M and paid-up capital is ₹ 2.40 M.
Who are the current board members & directors of Medispec India Limited?
Currently 3 directors are associated with Medispec India Limited.
- Vikkalp Vipul Chhatbar
- Nikita Vipul Chhatbar
- Vipul Kalyanji Chhatbar
What is the registered address of Medispec India Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Medispec India Limited is A/601 Lotus Corporate Park 6Th Floor Off. Western Express Highway, Goregaon ( East) India, Mumbai, Maharashtra, 400063.
What is the corporate identification number (CIN) and company number of Medispec India Limited?
The corporate identification number (CIN) of Medispec India Limited is U24230MH1995PLC091242 and the company number is 091242 as per Ministry of Corporate Affairs (MCA).
What is the official website of Medispec India Limited?
The Official website of Medispec India Limited is https://www.medispec.in
What has been the recent revenue trend for Medispec India Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Medispec India Limited has risen by 90.35%.
How many employees does Medispec India Limited currently have?
As Per 2023 financial reports, 22 employees are currently employed by Medispec India Limited.
What change has been observed in the net worth of Medispec India Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Medispec India Limited has experienced an upsurge of 28.71%.
What are the total open charges for Medispec India Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Medispec India Limited amount to ₹ 10.65 Cr.
When was the last Balance Sheet of Medispec India Limited filed with the ROC?
The most recent Balance Sheet for Medispec India Limited was filed with the ROC on 31 Mar 2024.
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