Vasavi Medicare Solutions Private Limited

Company provides a wide range of healthcare products and services globally.

2019 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Vasavi Medicare Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 1 Month
  • 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 (Six years and one month 14 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

Pharma
Company report

Vasavi Medicare Solutions Private Limited

Explore comprehensive data for Vasavi Medicare Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Vasavi Medicare Solutions?

Board Members (4)

NameDesignationAppointment DateStatus
Prem Sethi Country flag representing In Director 31-May-2019Current
Ravindrakumar Prashanth Country flag representing In Director 20-Mar-2019Current
Sundaramoorthy Baskar Country flag representing In Whole-Time Director 11-Mar-2021Current
Shashwat Nigam Country flag representing In Director 14-Aug-2023Current

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%.

Vasavi Medicare Solutions revenue growth over time
Vasavi Medicare Solutions 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
30.70%
Revenue from Operations
30.78%
Total Assets
14.35%
Profit or Loss
-279.23%
Net Worth
-344.94%
EBITDA
-18.43%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹115.00 M

Satisfied Charges

₹150.00 M

Charges Breakdown by Lending Institutions

  • Others : 11.50 Cr

Latest Charge Details

DateLenderAmountStatus
09 Aug 2023Others₹11.50 CrOpen
15 Apr 2021Others₹15.00 CrSatisfied

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.

Employee growth trends for Vasavi Medicare Solutions Private Limited

Deals i

Graph showing company valuation over time

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

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 Vasavi Medicare Solutions

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 115.00 M registered on 09 Aug 2023 with Charge ID 100770798 was modified on 07 Feb 2024.

  • Director Appointment

    Shashwat Nigam was appointed as a Director was appointed as a Director on 14 Aug 2023 & has been associated with this company since 1 year 8 months .

  • Charges

    A charge with Others amounted to Rs. 115.00 M with Charge ID 100770798 was registered on 09 Aug 2023.

  • Charges

    A charge registered on 15 Apr 2021 via Charge ID 100442085 with Others was fully satisfied on 07 Aug 2023.

  • Annual General Meeting

    Vasavi Medicare Solutions Private Limited last Annual general meeting of members was held on 05 Aug 2023 as per latest MCA records.

  • Balance Sheet

    Vasavi Medicare Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

Frequently asked questions

  • What is the Incorporation or founding date of Vasavi Medicare Solutions Private Limited?

    Vasavi Medicare Solutions Private Limited was incorporated on 20 Mar 2019.

  • What is authorized share capital and paid-up capital of Vasavi Medicare Solutions Private Limited?

    The authorized share capital of Vasavi Medicare Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Vasavi Medicare Solutions Private Limited?

    Currently 4 directors are associated with Vasavi Medicare Solutions Private Limited.

    • Prem Sethi
    • Ravindrakumar Prashanth
    • Sundaramoorthy Baskar
    • Shashwat Nigam

  • What is the registered address of Vasavi Medicare Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vasavi Medicare Solutions Private Limited is D. No. 118 Sulivan Street India, Coimbatore, Tamil Nadu, 641001.

  • What is the corporate identification number (CIN) and company number of Vasavi Medicare Solutions Private Limited?

    The corporate identification number (CIN) of Vasavi Medicare Solutions Private Limited is U51909TZ2019PTC031869 and the company number is 031869 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Vasavi Medicare Solutions Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Vasavi Medicare Solutions Private Limited has risen by 30.70%.

  • How many employees does Vasavi Medicare Solutions Private Limited currently have?

    As Per 2023 financial reports, 97 employees are currently employed by Vasavi Medicare Solutions Private Limited.

  • What change has been observed in the net worth of Vasavi Medicare Solutions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Vasavi Medicare Solutions Private Limited has experienced an downturn of -344.94%.

  • What are the total open charges for Vasavi Medicare Solutions Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Vasavi Medicare Solutions Private Limited amount to ₹ 11.50 Cr.

  • When was the last Balance Sheet of Vasavi Medicare Solutions Private Limited filed with the ROC?

    The most recent Balance Sheet for Vasavi Medicare Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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