Ti Medical Private Limited

Manufacturer of surgical and medical products, including sutures and mesh.

2005 | Mumbai, Maharashtra (India) | Active
Last Updated: July 17, 2024

Ti Medical Profile

Key Indicators

  • Authorised Capital ₹ 9.20 Cr
  • Paid Up Capital ₹ 5.02 Cr
  • Company Age 19 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 23.74 Cr
  • Satisfied Charges ₹ 213.00 Cr
  • Revenue Growth 28.48%
  • Profit Growth -6.28%
  • Ebitda 5.89%
  • Net Worth 18.79%
  • Total Assets 18.48%

About Ti Medical

Ti Medical Private Limited (TMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 October 2005 and has a history of 19 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Lotus Surgicals Private Limited. 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 9.20 Cr and a paid-up capital of Rs 5.02 Cr.

The company currently has active open charges totaling ₹23.74 Cr. The company has closed loans amounting to ₹213.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ti Medical Private Limited India are Dinesh Lodha as CEO and Saurabh Joshi as Cfo. Suresh Swaminathan, M Arunachalam, Stefan Halusa, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    lotus-surgicals.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U33110MH2005PTC156940

  • Company No.

    156940

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Oct 2005

  • Date of AGM

    30 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Healthcare

What products or services does Ti Medical Private Limited offer?

Ti Medical Private Limited offers a wide range of products and services, including Scalpels, Needles & Scissors, Sutures, Non Absorbable Sutures, Surgical Instruments & Accessories, Surgical Staplers, Tissue Unifying Instruments & Materials, Endoscopy & Laparoscopy instruments, Laparoscopic Instruments, Forceps & Graspers.

Who are the key members and board of directors at Ti Medical?

Executive Team (2)

NameDesignationAppointment DateStatus
Dinesh Lodha Country flag representing In CEO10-May-2023Current
Saurabh Joshi CFO30-Jun-2023Current

Board Members (6)

NameDesignationAppointment DateStatus
Mukesh Ahuja Country flag representing In Director 10-May-2023Current
M Arunachalam Country flag representing Gb Director 10-May-2023Current
Suresh Swaminathan Country flag representing In Director 10-May-2023Current
Stefan Halusa Country flag representing De Additional Director 19-Feb-2024Current
Annamalai Meyyappan Country flag representing In Director 10-May-2023Current
Vikash Rathi Country flag representing In Director 30-Jun-2023Current

Financial Performance of Ti Medical.

Ti Medical Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.48% increase. The company also saw a slight decrease in profitability, with a 6.28% decrease in profit. The company's net worth Soared by an impressive increase of 18.79%.

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
28.48%
Revenue from Operations
27.90%
Total Assets
18.48%
Profit or Loss
-6.28%
Net Worth
18.79%
EBITDA
5.89%

What is the Ownership and Shareholding Structure of Ti Medical?

In 2023, Ti Medical had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹23.74 Cr

Satisfied Charges

₹213.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 23.74 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jun 2022Others₹3.67 CrOpen
30 Mar 2022Others₹20.00 CrOpen
16 Apr 2021Others₹0.68 MOpen
27 Jun 2022Hdfc Bank Limited₹20.00 CrSatisfied
14 Aug 2020Others₹4.00 CrSatisfied

How Many Employees Work at Ti Medical?

Ti Medical has a workforce of 309 employees as of Apr 05, 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 Ti Medical, 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 Ti Medical'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 Ti Medical

Recent activity within the organization

  • Director Appointment

    Stefan Halusa was appointed as a Additional Director was appointed as a Additional Director on 19 Feb 2024 & has been associated with this company since 1 year 3 days .

    19 Feb 2024

  • Charges

    A charge registered on 27 Jun 2022 via Charge ID 100597123 with Hdfc Bank Limited was fully satisfied on 02 Dec 2023.

    02 Dec 2023

  • Annual General Meeting

    Ti Medical Private Limited last Annual general meeting of members was held on 30 Aug 2023 as per latest MCA records.

    30 Aug 2023

  • Director Appointment

    Suresh Swaminathan was appointed as a Director was appointed as a Director on 10 May 2023 & has been associated with this company since 1 year 9 months .

    10 May 2023

  • Director Appointment

    M A M Arunachalam was appointed as a Director was appointed as a Director on 10 May 2023 & has been associated with this company since 1 year 9 months .

    10 May 2023

  • Director Appointment

    Mukesh Ahuja was appointed as a Director was appointed as a Director on 10 May 2023 & has been associated with this company since 1 year 9 months .

    10 May 2023

Frequently asked questions

  • Ti Medical Private Limited was incorporated on 21 Oct 2005.

  • The authorized share capital of Ti Medical Private Limited is ₹ 9.20 Cr and paid-up capital is ₹ 5.02 Cr.

  • Currently 8 directors are associated with Ti Medical Private Limited.

    • Suresh Swaminathan
    • M A M Arunachalam
    • Stefan Halusa
    • Mukesh Ahuja
    • Annamalai Meyyappan
    • Vikash Rathi
    • Dinesh Kumar Lodha
    • Saurabh Sudhir Joshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ti Medical Private Limited is Unit 3B-21 & 22 Pheonix Paragon Plaza Pheonix Market City Lbs Marg Kurla Wes, T, Mumbai, Maharashtra, India, 400070.

  • The corporate identification number (CIN) of Ti Medical Private Limited is U33110MH2005PTC156940 and the company number is 156940 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ti Medical Private Limited is https://www.lotus-surgicals.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ti Medical Private Limited has risen by 28.48%.

  • As Per 2023 financial reports, 309 employees are currently employed by Ti Medical Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ti Medical Private Limited has experienced an upsurge of 18.79%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ti Medical Private Limited amount to ₹ 23.74 Cr.

  • The most recent Balance Sheet for Ti Medical Private Limited was filed with the ROC on 31 Mar 2023.

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