Meril Life Sciences Profile
Key Indicators
- Authorised Capital ₹ 100.00 Cr
- Paid Up Capital ₹ 99.36 Cr
- Company Age 17 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 788.45 Cr
- Satisfied Charges ₹ 228.76 Cr
- Revenue Growth 47.50%
- Profit Growth -14.09%
- Ebitda -1.95%
- Net Worth 35.00%
- Total Assets 54.52%
About Meril Life Sciences
Meril Life Sciences Private Limited (MLSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 June 2007 and has a history of 17 years and eight 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 100.00 Cr and a paid-up capital of Rs 99.36 Cr.
The company currently has active open charges totaling ₹788.45 Cr. The company has closed loans amounting to ₹228.76 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Meril Life Sciences Private Limited India is Rushi Sathe as COMPANY SECRETARY. Nanubhai Bambharolia, Rajnikant Vyas, and Hemchandra Panjikar 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
U24239GJ2007PTC051137
- Company No.
051137
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Jun 2007
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Healthcare
What products or services does Meril Life Sciences Private Limited offer?
Meril Life Sciences Private Limited offers a wide range of products and services, including Pathology Lab Equipments, Microplate Reader, IVDs & Analyzers, Hematology Analyzers, Forceps & Graspers, Surgical Equipments, Scalpels, Needles & Scissors, Non Absorbable Sutures, Medical Consultants & Clinics, Medical Consultancy Services.
Who are the key members and board of directors at Meril Life Sciences?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rushi Sathe | Company Secretary | 28-Jun-2023 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nanubhai Bambharolia  | Whole-Time Director | 19-Jun-2007 | Current |
| Rajnikant Vyas | Whole-Time Director | 20-Oct-2010 | Current |
| Hemchandra Panjikar | Director | 11-Mar-2023 | Current |
Financial Performance of Meril Life Sciences.
Meril Life Sciences Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 47.5% increase. The company also saw a substantial fall in profitability, with a 14.09% decrease in profit. The company's net worth Soared by an impressive increase of 35%.
- 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?
In 2022, Meril Life Sciences had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Meril Endo Surgery Private Limited
Rajnikant Vyas and Hemchandra Panjikar are mutual person
- Meril Life Sciences India Private Limited
Rushi Sathe is a mutual person
Maxwell Eco-Green Private LimitedNanubhai Bambharolia is a mutual person
- Milestone Holdings & Infrastructure Private Limited
Nanubhai Bambharolia is a mutual person
- Mitsu Private Limited
Nanubhai Bambharolia is a mutual person
- Mipro Medical Private Limited
Nanubhai Bambharolia is a mutual person
Charges (Loans)
Open Charges
₹788.45 Cr
Satisfied Charges
₹228.76 Cr
Charges Breakdown by Lending Institutions
- Others : 420.00 Cr
- Axis Bank Limited : 149.45 Cr
- Hdfc Bank Limited : 120.00 Cr
- Standard Chartered Bank : 60.00 Cr
- Dbs Bank Ltd : 20.00 Cr
- Others : 19.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Nov 2024 | Others | ₹144.00 Cr | Open |
| 13 Jun 2023 | Others | ₹146.00 Cr | Open |
| 28 Sep 2021 | Others | ₹110.00 Cr | Open |
| 25 Jun 2019 | Hdfc Bank Limited | ₹120.00 Cr | Open |
| 07 Jun 2019 | Others | ₹20.00 Cr | Open |
How Many Employees Work at Meril Life Sciences?
Meril Life Sciences has a workforce of 1584 employees as of Feb 10, 2025. 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 Life Sciences, 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'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
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 144.00 Cr with Charge ID 101013269 was registered on 15 Nov 2024.
- Annual General Meeting
Meril Life Sciences Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 24 May 2021 via Charge ID 100450226 with Others was fully satisfied on 19 Jul 2024.
- Charges
A charge with Others of Rs. 20.00 Cr registered on 07 Jun 2019 with Charge ID 100270162 was modified on 29 Jun 2024.
- Charges
A charge with Hdfc Bank Limited of Rs. 120.00 Cr registered on 25 Jun 2019 with Charge ID 100273444 was modified on 04 Jun 2024.
- Balance Sheet
Meril Life Sciences Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
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 Private Limited?
Meril Life Sciences Private Limited was incorporated on 19 Jun 2007.
What is authorized share capital and paid-up capital of Meril Life Sciences Private Limited?
The authorized share capital of Meril Life Sciences Private Limited is ₹ 100.00 Cr and paid-up capital is ₹ 99.36 Cr.
Who are the current board members & directors of Meril Life Sciences Private Limited?
Currently 4 directors are associated with Meril Life Sciences Private Limited.
- Nanubhai Premjibhai Bambharolia
- Rajnikant Gandalal Vyas
- Hemchandra Yadunandan Panjikar
- Rushi Jagdish Sathe
What is the registered address of Meril Life Sciences Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Meril Life Sciences 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 Private Limited?
The corporate identification number (CIN) of Meril Life Sciences Private Limited is U24239GJ2007PTC051137 and the company number is 051137 as per Ministry of Corporate Affairs (MCA).
What is the official website of Meril Life Sciences Private Limited?
The Official website of Meril Life Sciences Private Limited is https://www.merillife.com
What has been the recent revenue trend for Meril Life Sciences Private Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Meril Life Sciences Private Limited has risen by 47.50%.
How many employees does Meril Life Sciences Private Limited currently have?
As Per 2024 financial reports, 1584 employees are currently employed by Meril Life Sciences Private Limited.
What change has been observed in the net worth of Meril Life Sciences Private Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Meril Life Sciences Private Limited has experienced an upsurge of 35.00%.
What are the total open charges for Meril Life Sciences Private Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Meril Life Sciences Private Limited amount to ₹ 788.45 Cr.
When was the last Balance Sheet of Meril Life Sciences Private Limited filed with the ROC?
The most recent Balance Sheet for Meril Life Sciences Private Limited was filed with the ROC on 31 Mar 2024.
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