Venkatesh Medico Private Limited

Sells pharmaceutical, medical, surgical, and cosmetic goods.

2017 | Davangere, Karnataka (India) | Active
Last Updated:

Venkatesh Medico Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 12.00 Cr
  • Revenue Growth 71.39%
  • Profit Growth 66.26%
  • Ebitda -30.80%
  • Net Worth -29.70%
  • Total Assets 23.13%

About Venkatesh Medico

Venkatesh Medico Private Limited (VMPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 September 2017 (Seven years and seven months 19 days old ). Its registered office is in Davangere, Karnataka, 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 2024. 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 ₹12.00 Cr.

Vighnesh Mavanthoor, Ashish Arora, and Malvi Prakash serve as directors at the Company.

Company Details

  • Location

    Davangere, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24304KA2017PTC106716

  • Company No.

    106716

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Sep 2017

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Pharma
Company report

Venkatesh Medico Private Limited

Explore comprehensive data for Venkatesh Medico Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Venkatesh Medico?

Board Members (3)

NameDesignationAppointment DateStatus
Vighnesh Mavanthoor Country flag representing In Director 14-Jun-2019Current
Ashish Arora Country flag representing In Director 22-Apr-2024Current
Malvi Prakash Country flag representing In Whole-Time Director 24-Mar-2021Current

Financial Performance of Venkatesh Medico.

Venkatesh Medico Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 71.39% increase. The company also saw a substantial improvement in profitability, with a 66.26% increase in profit. The company's net worth observed a substantial decline by a decrease of 29.7%.

Venkatesh Medico revenue growth over time
Venkatesh Medico 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
71.39%
Revenue from Operations
71.38%
Total Assets
23.13%
Profit or Loss
66.26%
Net Worth
-29.70%
EBITDA
-30.80%

What is the Ownership and Shareholding Structure of Venkatesh Medico?

In 2021, Venkatesh Medico had a promoter holding of 51.00% and a public holding of 49.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹120.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 12.00 Cr

Latest Charge Details

DateLenderAmountStatus
11 Oct 2022Hdfc Bank Limited₹12.00 CrOpen

How Many Employees Work at Venkatesh Medico?

Venkatesh Medico has a workforce of 104 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.

Employee growth trends for Venkatesh Medico Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Venkatesh Medico, 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 Venkatesh Medico'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 Venkatesh Medico

Recent activity within the organization

  • Annual General Meeting

    Venkatesh Medico Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Director Appointment

    Ashish Arora was appointed as a Director was appointed as a Director on 22 Apr 2024 & has been associated with this company since 1 year 23 days .

  • Balance Sheet

    Venkatesh Medico Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 120.00 M with Charge ID 100623492 was registered on 11 Oct 2022.

  • Director Appointment

    Malvi Kotrappa Prakash was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 24 Mar 2021 & has been associated with this company since 4 years 1 month .

  • Director Appointment

    Vighnesh Mavanthoor was appointed as a Director was appointed as a Director on 14 Jun 2019 & has been associated with this company since 5 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Venkatesh Medico Private Limited?

    Venkatesh Medico Private Limited was incorporated on 26 Sep 2017.

  • What is authorized share capital and paid-up capital of Venkatesh Medico Private Limited?

    The authorized share capital of Venkatesh Medico Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Venkatesh Medico Private Limited?

    Currently 3 directors are associated with Venkatesh Medico Private Limited.

    • Vighnesh Mavanthoor
    • Ashish Arora
    • Malvi Kotrappa Prakash

  • What is the registered address of Venkatesh Medico Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Venkatesh Medico Private Limited is 480 Lenin Nagar Opp. Taralabalu School Hadadi Road, India, Davanagere, Karnataka, 577004.

  • What is the corporate identification number (CIN) and company number of Venkatesh Medico Private Limited?

    The corporate identification number (CIN) of Venkatesh Medico Private Limited is U24304KA2017PTC106716 and the company number is 106716 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Venkatesh Medico Private Limited?

    The Official website of Venkatesh Medico Private Limited is https://www.akp.in

  • What has been the recent revenue trend for Venkatesh Medico Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Venkatesh Medico Private Limited has risen by 71.39%.

  • How many employees does Venkatesh Medico Private Limited currently have?

    As Per 2022 financial reports, 104 employees are currently employed by Venkatesh Medico Private Limited.

  • What change has been observed in the net worth of Venkatesh Medico Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Venkatesh Medico Private Limited has experienced an downturn of -29.70%.

  • What are the total open charges for Venkatesh Medico Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Venkatesh Medico Private Limited amount to ₹ 12.00 Cr.

  • When was the last Balance Sheet of Venkatesh Medico Private Limited filed with the ROC?

    The most recent Balance Sheet for Venkatesh Medico Private Limited was filed with the ROC on 31 Mar 2024.

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