Meril Healthcare Profile
Key Indicators
- Authorised Capital ₹ 107.00 Cr
- Paid Up Capital ₹ 106.24 Cr
- Company Age 13 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 750.20 Cr
- Satisfied Charges ₹ 67.00 Cr
- Revenue Growth -34.12%
- Profit Growth -229.54%
- Ebitda -68.26%
- Net Worth -50.52%
- Total Assets -16.59%
About Meril Healthcare
Meril Healthcare Private Limited (MHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 April 2011 and has a history of 13 years and ten months. Its registered office is in Valsad, Gujarat, India.
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 107.00 Cr and a paid-up capital of Rs 106.24 Cr.
The company currently has active open charges totaling ₹750.20 Cr. The company has closed loans amounting to ₹67.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Meril Healthcare Private Limited India is Parvez Vasaya as COMPANY SECRETARY. Pramodkumar Minocha and Utpalkumar Thakor serve as directors at the Company.
Company Details
- Location
Valsad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24230GJ2011PTC065022
- Company No.
065022
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Apr 2011
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
What products or services does Meril Healthcare Private Limited offer?
Meril Healthcare Private Limited offers a wide range of products and services, including Scalpels, Needles & Scissors, Surgical Staplers, Medical Laboratory Instruments, IVDs & Analyzers, Hematology Analyzers.
Who are the key members and board of directors at Meril Healthcare?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Parvez Vasaya | Company Secretary | 09-Mar-2023 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pramodkumar Minocha  | Director | 19-Apr-2011 | Current |
| Utpalkumar Thakor | Director | 16-Feb-2020 | Current |
Financial Performance of Meril Healthcare.
Meril Healthcare Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 34.12% decrease. The company also saw a substantial fall in profitability, with a 229.54% decrease in profit. The company's net worth observed a substantial decline by a decrease of 50.52%.
- 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 Meril Healthcare?
In 2021, Meril Healthcare 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)
Meril Life Sciences India Private LimitedPramodkumar Minocha is a mutual person
Micro Life Sciences Private LimitedPramodkumar Minocha is a mutual person
- Meril Diagnostics Private Limited
Pramodkumar Minocha is a mutual person
- Mylife Private Limited
Pramodkumar Minocha is a mutual person
- Marco Infrastructure Holdings Private Limited
Pramodkumar Minocha is a mutual person
- Minix Holdings Private Limited
Pramodkumar Minocha is a mutual person
Charges (Loans)
₹750.20 Cr
₹67.00 Cr
Charges Breakdown by Lending Institutions
- Others : 328.21 Cr
- State Bank Of India : 194.50 Cr
- Hdfc Bank Limited : 120.00 Cr
- Axis Bank Limited : 82.49 Cr
- Standard Chartered Bank : 25.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Oct 2022 | State Bank Of India | ₹194.50 Cr | Open |
| 26 Feb 2021 | Others | ₹3.84 Cr | Open |
| 31 Dec 2020 | Others | ₹4.37 Cr | Open |
| 25 Jun 2019 | Hdfc Bank Limited | ₹120.00 Cr | Open |
| 10 Sep 2018 | Standard Chartered Bank | ₹25.00 Cr | Open |
How Many Employees Work at Meril Healthcare?
Meril Healthcare has a workforce of 776 employees as of Mar 28, 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 Meril Healthcare, 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 Meril Healthcare'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.
