Medtech Life Private Limited

Manufacturer and exporter of medical devices and equipment, including nebulizers, oxygen concentrators, thermometers, and blood pressure monitors.

2009 | Mumbai, Maharashtra (India) | Active
Last Updated: July 26, 2024

Medtech Life Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 0.50 M
  • Company Age 15 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 29.00 Cr
  • Satisfied Charges ₹ 1.11 M
  • Revenue Growth -37.03%
  • Profit Growth -70.23%
  • Ebitda -66.41%
  • Net Worth 8.16%
  • Total Assets 10.75%

About Medtech Life

Medtech Life Private Limited (MLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 November 2009 and has a history of 15 years and two months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Nulife Global Medical Devices 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 5.00 Cr and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹29.00 Cr. The company has closed loans amounting to ₹1.11 M, as per Ministry of Corporate Affairs (MCA) records.

Yogeshbhai Shah, Rajnikant Shah, and Asha Shah serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25202MH2009PTC197321

  • Company No.

    197321

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Nov 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Healthcare

What products or services does Medtech Life Private Limited offer?

Medtech Life Private Limited offers a wide range of products and services, including Medical Laboratory Instruments, Pathology Lab Equipments, PU Foam, Coir & Jute Mattresses, Medical Mattress, Surgical & ICU Equipments, Ventilator Parts & Consumables, Health Conditions, Respiratory Care, Doctor's Corner, Clinical Diagnostic Equipments.

Who are the key members and board of directors at Medtech Life?

Board Members (3)

Name Designation Appointment Date Status
Yogeshbhai Shah Country flag representing In Director 25-Nov-2009 Current
Rajnikant Shah Country flag representing In Director 25-Nov-2009 Current
Asha Shah Country flag representing In Director 21-Jun-2017 Current

Financial Performance of Medtech Life.

Medtech Life Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 37.03% decrease. The company also saw a substantial fall in profitability, with a 70.23% decrease in profit. The company's net worth moved up by a moderate rise of 8.16%.

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
-37.03%
Revenue from Operations
-36.89%
Total Assets
10.75%
Profit or Loss
-70.23%
Net Worth
8.16%
EBITDA
-66.41%

What is the Ownership and Shareholding Structure of Medtech Life?

In 2023, Medtech Life 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

₹29.00 Cr

Satisfied Charges

₹0.11 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 29.00 Cr

Latest Charge Details

Date Lender Amount Status
08 Aug 2014 Hdfc Bank Limited ₹29.00 Cr Open
23 Mar 2015 Kotak Mahindra Prime Limited ₹1.11 M Satisfied

How Many Employees Work at Medtech Life?

Medtech Life has a workforce of 91 employees as of Mar 22, 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 Medtech Life, 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 Medtech Life'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 Medtech Life

Recent activity within the organization

  • Annual General Meeting

    Medtech Life Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Medtech Life Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 29.00 Cr registered on 08 Aug 2014 with Charge ID 10515689 was modified on 01 Oct 2022.

    01 Oct 2022

  • Charges

    A charge registered on 23 Mar 2015 via Charge ID 10565784 with Kotak Mahindra Prime Limited was fully satisfied on 13 Sep 2019.

    13 Sep 2019

  • Director Appointment

    Asha Rajnikant Shah was appointed as a Director was appointed as a Director on 21 Jun 2017 & has been associated with this company since 7 years 7 months .

    21 Jun 2017

  • Charges

    A charge with Kotak Mahindra Prime Limited amounted to Rs. 0.11 Cr with Charge ID 10565784 was registered on 23 Mar 2015.

    23 Mar 2015

Recent News, Updates & Announcement

Frequently asked questions

  • Medtech Life Private Limited was incorporated on 25 Nov 2009.

  • The authorized share capital of Medtech Life Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Medtech Life Private Limited.

    • Yogeshbhai Rajanikant Shah
    • Rajnikant Ramniklal Shah
    • Asha Rajnikant Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Medtech Life Private Limited is B/6 Byculla Service Industrial Estate Sussex Road D.K. Road Byculla (E), Mumbai, Maharashtra, India, 400027.

  • The corporate identification number (CIN) of Medtech Life Private Limited is U25202MH2009PTC197321 and the company number is 197321 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Medtech Life Private Limited is https://www.medtechlife.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Medtech Life Private Limited has fallen by -37.03%.

  • As Per 2023 financial reports, 91 employees are currently employed by Medtech Life Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Medtech Life Private Limited has experienced an upsurge of 8.16%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Medtech Life Private Limited amount to ₹ 29.00 Cr.

  • The most recent Balance Sheet for Medtech Life Private Limited was filed with the ROC on 31 Mar 2023.

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