

Panacea Medical Technologies Profile
Key Indicators
- Authorised Capital ₹ 35.10 Cr
- Paid Up Capital ₹ 33.10 Cr
- Company Age 26 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 100.23 Cr
- Satisfied Charges ₹ 68.26 Cr
- Revenue Growth 79.95%
- Profit Growth 16.66%
- Ebitda 45.62%
- Net Worth 12.36%
- Total Assets 33.05%
About Panacea Medical Technologies
Panacea Medical Technologies Private Limited (PMTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 March 1999 and has a history of 26 years and one month. Its registered office is in Kolar, Karnataka, 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 2023. It's a company limited by shares with an authorized capital of Rs 35.10 Cr and a paid-up capital of Rs 33.10 Cr.
The company currently has active open charges totaling ₹100.23 Cr. The company has closed loans amounting to ₹68.26 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Panacea Medical Technologies Private Limited India is Elizabeth Wilson as COMPANY SECRETARY. Bala Deshpande, Charles Janssen, Ramann Yerramilli, and Four other members serve as directors at the Company.
Company Details
- Location
Kolar, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U33112KA1999PTC079963
- Company No.
079963
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Mar 1999
- Date of AGM
28 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Panacea Medical Technologies Private Limited offer?
Panacea Medical Technologies Private Limited offers a wide range of products and services, including Material Handling Machines & Systems, Material Handling Equipments, Diagnostic Medical Imaging Equipment, X Ray Machine, Call Centre & Customer Care Services, Customer Care BPO Services, Measuring Equipments & Instruments, Measurement Instrument, Medical Imaging Machine & Accessories, Digital X Ray Machine.
Who are the key members and board of directors at Panacea Medical Technologies?
Executive Team (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Venkata Goteti ![]() | Managing Director | 26-Mar-1999 | Current |
Elizabeth Wilson ![]() | Company Secretary | 18-Jul-2019 | Current |
Board Members (6)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Tarun Sharma ![]() | Nominee Director | 06-Oct-2015 | Current |
Bala Deshpande ![]() | Nominee Director | 01-May-2015 | Current |
Charles Janssen ![]() | Nominee Director | 05-Oct-2021 | Current |
Ramann Yerramilli ![]() | Director | 25-Sep-2003 | Current |
Satyalakshmi Goteti ![]() | Director | 22-Sep-2005 | Current |
Nagavalli Goteti ![]() | Director | 20-Apr-2008 | Current |
Financial Performance of Panacea Medical Technologies.
Panacea Medical Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 79.95% increase. The company also saw a substantial improvement in profitability, with a 16.66% increase in profit. The company's net worth Soared by an impressive increase of 12.36%.


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What is the Ownership and Shareholding Structure of Panacea Medical Technologies?
In 2023, Panacea Medical Technologies had a promoter holding of 75.54% and a public holding of 24.46%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Tech Care For All India Private Limited
Charles Janssen is a mutual person
- Medisys Edutech Private Limited
Bala Deshpande is a mutual person
- Sekhmet Technologies Private Limited
Charles Janssen is a mutual person
- Neonatal Care & Research Institute Private Limited
Charles Janssen is a mutual person
- Touchkin Eservices Private Limited
Charles Janssen is a mutual person
- Brainbees Solutions Limited
Bala Deshpande is a mutual person
Charges (Loans)
₹100.23 Cr
₹68.26 Cr
Charges Breakdown by Lending Institutions
- Others : 55.94 Cr
- State Bank Of India : 36.79 Cr
- Sidbi : 7.50 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
26 Jun 2024 | Others | ₹15.00 Cr | Open |
22 Feb 2024 | Others | ₹2.70 Cr | Open |
12 Dec 2023 | Others | ₹5.00 Cr | Open |
31 Aug 2023 | Sidbi | ₹7.50 Cr | Open |
25 Jul 2023 | Others | ₹5.00 Cr | Open |
How Many Employees Work at Panacea Medical Technologies?
Panacea Medical Technologies has a workforce of 373 employees as of Apr 08, 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 Panacea Medical Technologies, 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 Panacea Medical Technologies'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 Panacea Medical Technologies
Recent activity within the organization
- Charges
A charge registered on 23 Feb 2024 via Charge ID 100882614 with Others was fully satisfied on 05 Aug 2024.
- Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100951724 was registered on 26 Jun 2024.
- Charges
A charge registered on 06 Jan 2015 via Charge ID 10543026 with Biotechnology Industry Research Assistance Council was fully satisfied on 12 Apr 2024.
- Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100882614 was registered on 23 Feb 2024.
- Charges
A charge with Others amounted to Rs. 2.70 Cr with Charge ID 100883431 was registered on 22 Feb 2024.
- Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100839015 was registered on 12 Dec 2023.
Frequently asked questions
What is the Incorporation or founding date of Panacea Medical Technologies Private Limited?
Panacea Medical Technologies Private Limited was incorporated on 26 Mar 1999.
What is authorized share capital and paid-up capital of Panacea Medical Technologies Private Limited?
The authorized share capital of Panacea Medical Technologies Private Limited is ₹ 35.10 Cr and paid-up capital is ₹ 33.10 Cr.
Who are the current board members & directors of Panacea Medical Technologies Private Limited?
Currently 8 directors are associated with Panacea Medical Technologies Private Limited.
- Bala C Deshpande
- Charles Antoine Janssen
- Ramann Yerramilli
- Venkata Subrahmanyam Goteti
- Satyalakshmi Goteti
- Tarun Sharma
- Elizabeth Wilson
- Nagavalli Goteti
What is the registered address of Panacea Medical Technologies Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Panacea Medical Technologies Private Limited is Plot No.35 4Th Phase, Kiadb Industrial Area India, Malur, Karnataka, 563130.
What is the corporate identification number (CIN) and company number of Panacea Medical Technologies Private Limited?
The corporate identification number (CIN) of Panacea Medical Technologies Private Limited is U33112KA1999PTC079963 and the company number is 079963 as per Ministry of Corporate Affairs (MCA).
What is the official website of Panacea Medical Technologies Private Limited?
The Official website of Panacea Medical Technologies Private Limited is https://www.panaceamedical.in
What has been the recent revenue trend for Panacea Medical Technologies Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Panacea Medical Technologies Private Limited has risen by 79.95%.
How many employees does Panacea Medical Technologies Private Limited currently have?
As Per 2023 financial reports, 373 employees are currently employed by Panacea Medical Technologies Private Limited.
What change has been observed in the net worth of Panacea Medical Technologies Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Panacea Medical Technologies Private Limited has experienced an upsurge of 12.36%.
What are the total open charges for Panacea Medical Technologies Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Panacea Medical Technologies Private Limited amount to ₹ 100.23 Cr.
When was the last Balance Sheet of Panacea Medical Technologies Private Limited filed with the ROC?
The most recent Balance Sheet for Panacea Medical Technologies Private Limited was filed with the ROC on 31 Mar 2023.
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