Wellness Forever Medicare Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
as on 13-06-2024
- Paid Up Capital ₹ 11.15 Cr
as on 13-06-2024
- Company Age 16 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 249.41 Cr
as on 13-06-2024
- Satisfied Charges ₹ 140.65 Cr
as on 13-06-2024
- Revenue 14.56%
(FY 2023)
- Profit -15.11%
(FY 2023)
- Ebitda 30.76%
(FY 2023)
- Net Worth 40.98%
(FY 2023)
- Total Assets 21.13%
(FY 2023)
About Wellness Forever Medicare
The Corporate was formerly known as Wellness Forever Medicare Private Limited. 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 20.00 Cr and a paid-up capital of Rs 11.15 Cr.
The company currently has active open charges totaling ₹249.41 Cr. The company has closed loans amounting to ₹140.65 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Wellness Forever Medicare Limited India is Kanchan Gupta as COMPANY SECRETARY. Kewal Handa, Gulshan Bakhtiani, Mohan Chavan, and Two other members serve as directors at the Company.
- CIN/LLPIN
U24239MH2008PLC178658
- Company No.
178658
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
08 Feb 2008
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Wellness Forever Medicare Limited offer?
Wellness Forever Medicare Limited offers a wide range of products and services, including Pain Relief Drugs & Pharmaceuticals, Osteoporosis Medications, TB, Tumor & Cancer Drugs, Anti Cancer Medicines, Pharma Ingredients & Raw Materials, Pharmaceutical Excipients, Anti Infective Drugs & Medicines, HIV Drugs, Antipyretic Medication, Common Disease Medicines.
Who are the key members and board of directors at Wellness Forever Medicare?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kanchan Gupta | Company Secretary | 20-Jun-2023 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gulshan Bakhtiani  | Whole-Time Director | 08-Feb-2008 | Current |
| Avani Davda | Director | 09-Jul-2021 | Current |
| Kewal Handa | Director | 01-Sep-2021 | Current |
| Mohan Chavan | Whole-Time Director | 08-Feb-2008 | Current |
| Ashraf Biran | Whole-Time Director | 08-Feb-2008 | Current |
Financial Performance and Corporate Structure Insights of Wellness Forever Medicare.
Wellness Forever Medicare Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.56% increase. The company also saw a substantial fall in profitability, with a 15.11% decrease in profit. The company's net worth Soared by an impressive increase of 40.98%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Wellness Forever Medicare?
In 2023, Wellness Forever Medicare had a promoter holding of 43.02% and a public holding of 56.99%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 17 Jun 2022 | ₹26.00 Cr | Open |
Hdfc Bank Limited Creation Date: 13 May 2022 | ₹20.00 Cr | Open |
Others Creation Date: 02 Nov 2021 | ₹10.00 Cr | Open |
How Many Employees Work at Wellness Forever Medicare?
Wellness Forever Medicare has a workforce of 5611 employees as of Apr 07, 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 Wellness Forever Medicare, 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 Wellness Forever Medicare'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.
