Medlife Wellness Retail Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.24 M
- Company Age 6 Year, 2 Months
- Last Filing with ROC 31 Mar 2022
- Satisfied Charges ₹ 285.00 Cr
- Revenue Growth -93.20%
- Profit Growth 64.70%
- Ebitda 77.00%
- Net Worth -25.26%
- Total Assets -67.29%
About Medlife Wellness Retail
Medlife Wellness Retail Private Limited (MWRPL) is Amalgamated company established on 02 Jan 2019 with its office registered at Bangaluru, Karnataka, India and has been running since 6 Year, 2 Months with a paid up capital of 0.24 M. According to MCA records, 3 Directors are linked to this company as of 15 Jan 2025.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U24290KA2019PTC119959
- Company No.
119959
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Jan 2019
- Date of AGM
23 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
E-Commerce
Who are the key members and board of directors at Medlife Wellness Retail?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Monica Howal  | Director | 05-Jan-2022 | Current |
| Venktesh Kumar | Director | 05-Jan-2022 | Current |
| Abhishek Kumar | Director | 10-Oct-2020 | Current |
Financial Performance of Medlife Wellness Retail.
Medlife Wellness Retail Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 93.2% decrease. The company also saw a substantial improvement in profitability, with a 64.7% increase in profit. The company's net worth observed a substantial decline by a decrease of 25.26%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Medlife Wellness Retail?
In 2021, Medlife Wellness Retail had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹2,850.00 M
Charges Breakdown by Lending Institutions
- Others : 175.00 Cr
- Idbi Trusteeship Services Limited : 110.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jun 2020 | Others | ₹20.00 Cr | Satisfied |
| 31 Mar 2020 | Others | ₹155.00 Cr | Satisfied |
| 13 Dec 2019 | Idbi Trusteeship Services Limited | ₹110.00 Cr | Satisfied |
How Many Employees Work at Medlife Wellness Retail?
Medlife Wellness Retail has a workforce of 61 employees as of Apr 07, 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 Medlife Wellness Retail, 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 Medlife Wellness Retail'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 Medlife Wellness Retail
Recent activity within the organization
- Annual General Meeting
Medlife Wellness Retail Private Limited last Annual general meeting of members was held on 23 Sep 2022 as per latest MCA records.
- Balance Sheet
Medlife Wellness Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
- Director Appointment
Monica Rakesh Howal was appointed as a Director was appointed as a Director on 05 Jan 2022 & has been associated with this company since 3 years 1 month .
- Director Appointment
Venktesh Kumar was appointed as a Director was appointed as a Director on 05 Jan 2022 & has been associated with this company since 3 years 1 month .
- Charges
A charge registered on 13 Dec 2019 via Charge ID 100307224 with Idbi Trusteeship Services Limited was fully satisfied on 29 Oct 2021.
- Charges
A charge registered on 31 Mar 2020 via Charge ID 100334370 with Others was fully satisfied on 20 Aug 2021.
Recent News, Updates & Announcement
- Former Myntra-Jabong CEO Ananth Narayanan joins Medlife | Mint.
Narayanan’s entry into Medlife also comes with an investment into the company of an undisclosed amount.Medlife has been in talks with multiple financial and strategic investors to raise around $150 million.
Frequently asked questions
What is the Incorporation or founding date of Medlife Wellness Retail Private Limited?
Medlife Wellness Retail Private Limited was incorporated on 02 Jan 2019.
What is authorized share capital and paid-up capital of Medlife Wellness Retail Private Limited?
The authorized share capital of Medlife Wellness Retail Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.24 M.
Who are the current board members & directors of Medlife Wellness Retail Private Limited?
Currently 3 directors are associated with Medlife Wellness Retail Private Limited.
- Monica Rakesh Howal
- Venktesh Kumar
- Abhishek Kumar
What is the registered address of Medlife Wellness Retail Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Medlife Wellness Retail Private Limited is 4Th Floor Enzyme Business Center 29/6 Roopena Agrahara, Bommanahalli India, Bengaluru, Karnataka, 560027.
What is the corporate identification number (CIN) and company number of Medlife Wellness Retail Private Limited?
The corporate identification number (CIN) of Medlife Wellness Retail Private Limited is U24290KA2019PTC119959 and the company number is 119959 as per Ministry of Corporate Affairs (MCA).
What is the official website of Medlife Wellness Retail Private Limited?
The Official website of Medlife Wellness Retail Private Limited is https://www.medlife.com
What has been the recent revenue trend for Medlife Wellness Retail Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Medlife Wellness Retail Private Limited has fallen by -93.20%.
How many employees does Medlife Wellness Retail Private Limited currently have?
As Per 2022 financial reports, 61 employees are currently employed by Medlife Wellness Retail Private Limited.
What change has been observed in the net worth of Medlife Wellness Retail Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Medlife Wellness Retail Private Limited has experienced an downturn of -25.26%.
When was the last Balance Sheet of Medlife Wellness Retail Private Limited filed with the ROC?
The most recent Balance Sheet for Medlife Wellness Retail Private Limited was filed with the ROC on 31 Mar 2022.
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