Meril Life Sciences Private Limited

Manufacturer of coronary stents and balloon catheters for treating cardiovascular disease, with global presence.

2007 | Valsad, Gujarat (India) | Active
Last Updated: January 01, 2025

Meril Life Sciences Profile

Key Indicators

  • Authorised Capital ₹ 100.00 Cr
  • Paid Up Capital ₹ 99.36 Cr
  • Company Age 17 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 788.45 Cr
  • Satisfied Charges ₹ 228.76 Cr
  • Revenue Growth 33.10%
  • Profit Growth 236.10%
  • Ebitda 59.89%
  • Net Worth 20.83%
  • Total Assets 9.50%

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 seven 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, Hemchandra Panjikar, and Rajnikant Vyas serve as directors at the Company.

Company Details

  • Location

    Valsad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • 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 Country flag representing In Whole-Time Director 19-Jun-2007 Current
Hemchandra Panjikar Country flag representing In Director 11-Mar-2023 Current
Rajnikant Vyas Country flag representing In Whole-Time Director 20-Oct-2010 Current

Financial Performance of Meril Life Sciences.

Meril Life Sciences Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 33.1% increase. The company also saw a substantial improvement in profitability, with a 236.1% increase in profit. The company's net worth Soared by an impressive increase of 20.83%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
33.10%
Revenue from Operations
33.09%
Total Assets
9.50%
Profit or Loss
236.10%
Net Worth
20.83%
EBITDA
59.89%

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.

Shareholding Indicator graph

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 1453 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

    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.

    30 Sep 2024

  • Charges

    A charge registered on 24 May 2021 via Charge ID 100450226 with Others was fully satisfied on 19 Jul 2024.

    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.

    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.

    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.

    31 Mar 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Meril Life Sciences Private Limited was incorporated on 19 Jun 2007.

  • The authorized share capital of Meril Life Sciences Private Limited is ₹ 100.00 Cr and paid-up capital is ₹ 99.36 Cr.

  • Currently 4 directors are associated with Meril Life Sciences Private Limited.

    • Nanubhai Premjibhai Bambharolia
    • Hemchandra Yadunandan Panjikar
    • Rushi Jagdish Sathe
    • Rajnikant Gandalal Vyas
  • 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.

  • 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).

  • The Official website of Meril Life Sciences Private Limited is https://www.merillife.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Meril Life Sciences Private Limited has risen by 33.10%.

  • As Per 2022 financial reports, 1453 employees are currently employed by Meril Life Sciences Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Meril Life Sciences Private Limited has experienced an upsurge of 20.83%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Meril Life Sciences Private Limited amount to ₹ 788.45 Cr.

  • The most recent Balance Sheet for Meril Life Sciences Private Limited was filed with the ROC on 31 Mar 2024.

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