Multicare Services (India) Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 22 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 9.01 Cr
- Satisfied Charges ₹ 18.11 Cr
- Revenue Growth 11.04%
- Profit Growth -28.40%
- Ebitda 20.81%
- Net Worth 1.68%
- Total Assets 8.70%
About Multicare Services (India)
Multicare Services (India) Private Limited (MSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 February 2002 and has a history of 22 years and 11 months. Its registered office is in Thane, Maharashtra, India.
The Company is engaged in the Business Outsourcing 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 0.50 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹9.01 Cr. The company has closed loans amounting to ₹18.11 Cr, as per Ministry of Corporate Affairs (MCA) records.
Prithipal Chahal, Harpreet Sangha, and Navneetkaur Chahal serve as directors at the Company.
Company Details
-
Location
Thane, Maharashtra, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media-
Corporate Identity Details
-
CIN/LLPIN
U74210MH2002PTC135030
-
Company No.
135030
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
27 Feb 2002
-
Date of AGM
30 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Mumbai
Industry
What products or services does Multicare Services (India) Private Limited offer?
Multicare Services (India) Private Limited offers a wide range of products and services, including Job Consultation Service, Recruitment Service, Statutory Compliance Services, Compliance Service, Business Consultant, Employee Management Service, HR Outsourcing, Manpower Outsourcing, Tour Operators and Travel Agents, Travel Service.
Who are the key members and board of directors at Multicare Services (India)?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prithipal Chahal
|
Whole-Time Director | 27-Feb-2002 | Current |
|
Harpreet Sangha
|
Director | 27-Feb-2002 | Current |
|
Navneetkaur Chahal
|
Whole-Time Director | 21-Dec-2012 | Current |
Financial Performance of Multicare Services (India).
Multicare Services (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.04% increase. The company also saw a substantial fall in profitability, with a 28.4% decrease in profit. The company's net worth moved up by a moderate rise of 1.68%.
- 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 Multicare Services (India)?
In 2023, Multicare Services (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)
-
Multicare Universal Skills Private LimitedPrithipal Chahal and Navneetkaur Chahal are mutual person
-
Fit 2 Run Athletic Club LlpPrithipal Chahal is a mutual person
-
Water On Earth Properties Llp
Navneetkaur Chahal is a mutual person
Charges (Loans)
₹90.10 M
₹181.14 M
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 9.01 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jan 2023 | Yes Bank Limited | ₹9.01 Cr | Open |
| 07 Aug 2020 | Others | ₹1.00 Cr | Satisfied |
| 29 Mar 2019 | Others | ₹2.50 Cr | Satisfied |
| 29 Sep 2018 | Others | ₹6.40 Cr | Satisfied |
| 23 May 2015 | Idbi Bank Limited | ₹2.95 M | Satisfied |
How Many Employees Work at Multicare Services (India)?
Multicare Services (India) has a workforce of 1336 employees as of Apr 02, 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 Multicare Services (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 Multicare Services (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.
