Meridian Medicare Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 27 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.41 Cr
- Satisfied Charges ₹ 3.80 Cr
- Revenue Growth -6.95%
- Profit Growth -18.93%
- Ebitda -17.84%
- Net Worth 2.94%
- Total Assets 0.39%
About Meridian Medicare
Meridian Medicare Limited (MML) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 June 1997 and has a history of 27 years and eight months. Its registered office is in Solan, Himachal Pradesh, India.
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 2023. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹2.41 Cr. The company has closed loans amounting to ₹3.80 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vinod Gupta, Suresh Chaudhary, Madhu Gupta, and One other member serve as directors at the Company.
Company Details
- Location
Solan, Himachal Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24231HP1997PLC020064
- Company No.
020064
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
10 Jun 1997
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Himachal Pradesh
Industry
What products or services does Meridian Medicare Limited offer?
Meridian Medicare Limited offers a wide range of products and services, including Pharma Franchise, PCD Pharma Franchise, Third Party Manufacturing Consultancy, Pharmaceutical Contract Manufacturing Services, Pharmaceutical Third Party Manufacturing, Antiparasitic Drug, Ivermectin Tablets, Antibiotic Tablets & Capsules, Azithromycin Tablets, Pharmaceutical Distributors.
Who are the key members and board of directors at Meridian Medicare?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vinod Gupta  | Managing Director | 09-Dec-2002 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Suresh Chaudhary | Whole-Time Director | 09-Dec-2002 | Current |
| Madhu Gupta | Whole-Time Director | 10-Jun-1997 | Current |
| Naveen Kumar | Whole-Time Director | Current |
Financial Performance of Meridian Medicare.
Meridian Medicare Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.95% decrease. 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 2.94%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Meridian Medicare?
In 2023, Meridian Medicare 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)
Adhyant Centre For Child CareVinod Gupta is a mutual person
- Kay Pee Bee Enterprises Private Limited
Suresh Chaudhary is a mutual person
Charges (Loans)
₹24.12 M
₹38.00 M
Charges Breakdown by Lending Institutions
- The Baghat Urban Co-Op. Bank Ltd : 2.00 Cr
- The Jammu And Kashmir Bank Limited : 0.32 Cr
- Director Of Industries : 0.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 May 2018 | The Jammu And Kashmir Bank Limited | ₹3.15 M | Open |
| 23 Mar 2007 | Director Of Industries | ₹0.97 M | Open |
| 17 Apr 2003 | The Baghat Urban Co-Op. Bank Ltd | ₹2.00 Cr | Open |
| 16 Mar 2021 | Others | ₹2.25 Cr | Satisfied |
| 02 Nov 2010 | Bank Of India | ₹9.50 M | Satisfied |
How Many Employees Work at Meridian Medicare?
Unlock and access historical data on people associated with Meridian Medicare, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Meridian Medicare, 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 Meridian Medicare'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.
