Panacea Medical Technologies Profile
Key Indicators
- Authorised Capital ₹ 35.10 Cr
- Paid Up Capital ₹ 33.10 Cr
- Company Age 25 Year, 10 Months
- 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 25 years and ten months. 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%.
- Key Matrics
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- Profit and Loss
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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 LimitedCharles Janssen is a mutual person
Medisys Edutech Private LimitedBala Deshpande is a mutual person
Sekhmet Technologies Private LimitedCharles Janssen is a mutual person
Neonatal Care & Research Institute Private LimitedCharles Janssen is a mutual person
Touchkin Eservices Private LimitedCharles Janssen is a mutual person
Brainbees Solutions LimitedBala 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.
