Vasavi Medicare Solutions Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.10 M
- Company Age 5 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 11.50 Cr
- Satisfied Charges ₹ 15.00 Cr
- Revenue Growth 30.70%
- Profit Growth -279.23%
- Ebitda -18.43%
- Net Worth -344.94%
- Total Assets 14.35%
About Vasavi Medicare Solutions
Vasavi Medicare Solutions Private Limited (VMSPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 March 2019 (Five years and 11 months 5 days old ). Its registered office is in Coimbatore, Tamil Nadu, India.
The Company is engaged in the Pharma 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 1.00 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹11.50 Cr. The company has closed loans amounting to ₹15.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Prem Sethi, Ravindrakumar Prashanth, Sundaramoorthy Baskar, and One other member serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U51909TZ2019PTC031869
- Company No.
031869
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Mar 2019
- Date of AGM
05 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Vasavi Medicare Solutions?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prem Sethi  | Director | 31-May-2019 | Current |
| Ravindrakumar Prashanth | Director | 20-Mar-2019 | Current |
| Sundaramoorthy Baskar | Whole-Time Director | 11-Mar-2021 | Current |
| Shashwat Nigam | Director | 14-Aug-2023 | Current |
Financial Performance of Vasavi Medicare Solutions.
Vasavi Medicare Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.7% increase. The company also saw a substantial fall in profitability, with a 279.23% decrease in profit. The company's net worth observed a substantial decline by a decrease of 344.94%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Vasavi Medicare Solutions?
In 2023, Vasavi Medicare Solutions 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)
Getwell Medicare Solution Private LimitedShashwat Nigam is a mutual person
Entero Healthcare Solutions LimitedPrem Sethi is a mutual person
Peerless Biotech Private LimitedPrem Sethi is a mutual person
Chhabra Healthcare Solutions Private LimitedPrem Sethi and Shashwat Nigam are mutual person
- Sesha Balajee Medisolutions Private Limited
Prem Sethi is a mutual person
- Sundarlal Pharma Distributors Private Limited
Prem Sethi is a mutual person
Charges (Loans)
₹115.00 M
₹150.00 M
Charges Breakdown by Lending Institutions
- Others : 11.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Aug 2023 | Others | ₹11.50 Cr | Open |
| 15 Apr 2021 | Others | ₹15.00 Cr | Satisfied |
How Many Employees Work at Vasavi Medicare Solutions?
Vasavi Medicare Solutions has a workforce of 97 employees as of Apr 06, 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 Vasavi Medicare Solutions, 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 Vasavi Medicare Solutions'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.
