Meril Healthcare Profile
Key Indicators
- Authorised Capital ₹ 107.00 Cr
- Paid Up Capital ₹ 106.24 Cr
- Company Age 14 Year, 1 Month
- 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 14 years and one month. 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
Healthcare
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.
Meril Healthcare Private Limited
Explore comprehensive data for Meril Healthcare Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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
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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 Limited
Pramodkumar 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
- Marco Infrastructure Holdings Private Limited
Pramodkumar Minocha is a mutual person
- Minix Holdings Private Limited
Pramodkumar Minocha is a mutual person
Charges (Loans)
Open Charges
₹750.20 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Meril Healthcare
Recent activity within the organization
- Annual General Meeting
Meril Healthcare Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited of Rs. 120.00 Cr registered on 25 Jun 2019 with Charge ID 100273450 was modified on 31 May 2024.
- Balance Sheet
Meril Healthcare Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Others of Rs. 190.00 Cr registered on 30 Jul 2014 with Charge ID 10516121 was modified on 25 Jan 2024.
- Charges
A charge with Others of Rs. 130.00 Cr registered on 30 Jun 2015 with Charge ID 10577784 was modified on 12 Jan 2024.
- Charges
A charge with State Bank Of India of Rs. 194.50 Cr registered on 21 Oct 2022 with Charge ID 100629420 was modified on 27 Jun 2023.
Recent News, Updates & Announcement
- Meril bags WIPO National Award for innovation in medical devices.
The award is a recognition of Meril’s notable work towards securing patents and commercialising them to boost manufacturing in India Meril Life Sciences has been awarded the World Intellectual Propert.
- Panel to review if Sun Pharma, Meril Life merit price cap relief | Mint.
Panel to decide if Sun Pharma’s anti-cancer drug, Meril’s biodegradable stent have therapeutic advantage.Mumbai-based Sun Pharmaceuticals is seeking an exemption for its anti-cancer gemcitabine hydrochloride injection.
Frequently asked questions
What is the Incorporation or founding date of Meril Healthcare Private Limited?
Meril Healthcare Private Limited was incorporated on 19 Apr 2011.
What is authorized share capital and paid-up capital of Meril Healthcare Private Limited?
The authorized share capital of Meril Healthcare Private Limited is ₹ 107.00 Cr and paid-up capital is ₹ 106.24 Cr.
Who are the current board members & directors of Meril Healthcare Private Limited?
Currently 3 directors are associated with Meril Healthcare Private Limited.
- Pramodkumar Minocha
- Utpalkumar Devendrakumar Thakor
- Parvez Karim Vasaya
What is the registered address of Meril Healthcare Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Meril Healthcare Private Limited is No. 135/139 Bilakhia House Muktanand Marg Chala, India, Vapi, Gujarat, 396191.
What is the corporate identification number (CIN) and company number of Meril Healthcare Private Limited?
The corporate identification number (CIN) of Meril Healthcare Private Limited is U24230GJ2011PTC065022 and the company number is 065022 as per Ministry of Corporate Affairs (MCA).
What is the official website of Meril Healthcare Private Limited?
The Official website of Meril Healthcare Private Limited is https://www.merillife.com
What has been the recent revenue trend for Meril Healthcare Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Meril Healthcare Private Limited has fallen by -34.12%.
How many employees does Meril Healthcare Private Limited currently have?
As Per 2021 financial reports, 776 employees are currently employed by Meril Healthcare Private Limited.
What change has been observed in the net worth of Meril Healthcare Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Meril Healthcare Private Limited has experienced an downturn of -50.52%.
What are the total open charges for Meril Healthcare Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Meril Healthcare Private Limited amount to ₹ 750.20 Cr.
When was the last Balance Sheet of Meril Healthcare Private Limited filed with the ROC?
The most recent Balance Sheet for Meril Healthcare Private Limited was filed with the ROC on 31 Mar 2024.
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