Meril Life Sciences India Profile
Key Indicators
- Authorised Capital ₹ 62.10 Cr
- Paid Up Capital ₹ 6.06 Cr
- Company Age 25 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 202.35 Cr
- Satisfied Charges ₹ 24.47 Cr
- Revenue Growth 51.40%
- Profit Growth 445.82%
- Ebitda 101.87%
- Net Worth 68.73%
- Total Assets 32.55%
About Meril Life Sciences India
Meril Life Sciences India Private Limited (MLSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 June 1999 and has a history of 25 years and nine months. Its registered office is in Valsad, Gujarat, India.
The Corporate was formerly known as Interventional Technologies 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 62.10 Cr and a paid-up capital of Rs 6.06 Cr.
The company currently has active open charges totaling ₹202.35 Cr. The company has closed loans amounting to ₹24.47 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Meril Life Sciences India Private Limited India is Rushi Sathe as COMPANY SECRETARY. Pramodkumar Minocha and Sanjay Shah 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
U33110GJ1999PTC060787
- Company No.
060787
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Jun 1999
- Date of AGM
21 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Healthcare
Who are the key members and board of directors at Meril Life Sciences India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rushi Sathe | Company Secretary | 01-Jun-2023 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pramodkumar Minocha  | Director | 01-Sep-2006 | Current |
| Sanjay Shah | Whole-Time Director | 13-Jul-2015 | Current |
Financial Performance of Meril Life Sciences India.
Meril Life Sciences India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 51.4% increase. The company also saw a substantial improvement in profitability, with a 445.82% increase in profit. The company's net worth Soared by an impressive increase of 68.73%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Meril Life Sciences India?
In 2023, Meril Life Sciences India 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 Healthcare Private Limited
Pramodkumar Minocha is a mutual person
- Meril Life Sciences Private Limited
Rushi Sathe 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
₹202.35 Cr
Satisfied Charges
₹24.47 Cr
Charges Breakdown by Lending Institutions
- Others : 105.00 Cr
- Axis Bank Limited : 37.35 Cr
- Hdfc Bank Limited : 20.00 Cr
- Yes Bank Limited : 20.00 Cr
- Dbs Bank Ltd : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jun 2019 | Hdfc Bank Limited | ₹20.00 Cr | Open |
| 24 Jul 2014 | Others | ₹105.00 Cr | Open |
| 11 Jun 2014 | Dbs Bank Ltd | ₹20.00 Cr | Open |
| 12 Dec 2013 | Axis Bank Limited | ₹37.35 Cr | Open |
| 20 Feb 2013 | Yes Bank Limited | ₹20.00 Cr | Open |
How Many Employees Work at Meril Life Sciences India?
Unlock and access historical data on people associated with Meril Life Sciences India, 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 Meril Life Sciences India, 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 Life Sciences India'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 Life Sciences India
Recent activity within the organization
- Charges
A charge with Others of Rs. 105.00 Cr registered on 24 Jul 2014 with Charge ID 10515362 was modified on 16 Feb 2024.
- Annual General Meeting
Meril Life Sciences India Private Limited last Annual general meeting of members was held on 21 Aug 2023 as per latest MCA records.
- Director Appointment
Rushi Jagdish Sathe was appointed as a Company Secretary was appointed as a Company Secretary on 01 Jun 2023 & has been associated with this company since 1 year 9 months .
- Balance Sheet
Meril Life Sciences India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
- Charges
A charge with Axis Bank Limited of Rs. 37.35 Cr registered on 12 Dec 2013 with Charge ID 10468803 was modified on 29 Dec 2020.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.00 Cr with Charge ID 100273446 was registered on 25 Jun 2019.
Recent News, Updates & Announcement
- 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.
- Meril may get relief on price cap for its stent | Mint.
Meril has developed MeRes100, which it claims is the country's first locally made bioresorbable vascular scaffold, or naturally dissolving stent for clearing blockages in arteries.
Frequently asked questions
What is the Incorporation or founding date of Meril Life Sciences India Private Limited?
Meril Life Sciences India Private Limited was incorporated on 02 Jun 1999.
What is authorized share capital and paid-up capital of Meril Life Sciences India Private Limited?
The authorized share capital of Meril Life Sciences India Private Limited is ₹ 62.10 Cr and paid-up capital is ₹ 6.06 Cr.
Who are the current board members & directors of Meril Life Sciences India Private Limited?
Currently 3 directors are associated with Meril Life Sciences India Private Limited.
- Pramodkumar Minocha
- Sanjay Prafullabhai Shah
- Rushi Jagdish Sathe
What is the registered address of Meril Life Sciences India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Meril Life Sciences India Private Limited is Bilakhia House Survey No. 135/139 Muktanand Marg Chala, India, Vapi, Gujarat, 396191.
What is the corporate identification number (CIN) and company number of Meril Life Sciences India Private Limited?
The corporate identification number (CIN) of Meril Life Sciences India Private Limited is U33110GJ1999PTC060787 and the company number is 060787 as per Ministry of Corporate Affairs (MCA).
What is the official website of Meril Life Sciences India Private Limited?
The Official website of Meril Life Sciences India Private Limited is https://www.merillife.com
What has been the recent revenue trend for Meril Life Sciences India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Meril Life Sciences India Private Limited has risen by 51.40%.
What change has been observed in the net worth of Meril Life Sciences India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Meril Life Sciences India Private Limited has experienced an upsurge of 68.73%.
What are the total open charges for Meril Life Sciences India Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Meril Life Sciences India Private Limited amount to ₹ 202.35 Cr.
When was the last Balance Sheet of Meril Life Sciences India Private Limited filed with the ROC?
The most recent Balance Sheet for Meril Life Sciences India Private Limited was filed with the ROC on 31 Mar 2023.
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