Grace Wellness Private Limited
About Grace Wellness Private Limited
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Grace Wellness Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 04 October 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U74999MH2013PTC248868. Its GSTIN is 27AAFCG3585N1Z0 (Maharashtra).
The company has an authorised share capital of ₹11 Lakh and a paid-up capital of ₹11 Lakh. It is led by directors including Nirbhay Ashok Karandikar and Sanjay Pundlik Chandankhede.
Its last annual general meeting (AGM) was held on 06 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Nagpur, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.92 Lakh, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹1.15 Lakh (net margin 59.9%) and EBITDA of ₹1.54 Lakh (EBITDA margin 80.4%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 56% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Grace Wellness Private Limited's registered office is in Nagpur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1072/1073 Binaki Layout Nr. Vaishali Nagar T – Point Sujata Nagar Itwari Railway Station Roa, D, Nagpur, Maharashtra, India – 440017
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Grace Wellness Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Grace Wellness Private Limited
FY 2025 filings availableGrace Wellness Private Limited reported revenue of ₹1.92 Lakh (down 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 56% over five years, including a 34% fall in the latest year. EBITDA fell 27% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.54 Lakh | ||||
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| Net Profit (PAT) | ₹1.15 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 80.4% | ||||
| Net Profit Margin | 59.9% | ||||
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To see the full financial statements and ratios of Grace Wellness Private Limited, buy the company report.
Board of directors of Grace Wellness Private Limited
Grace Wellness has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirbhay Ashok Karandikar | Director | 06 Aug 2018 | 8 Years 2 Months | Current |
| Sanjay Pundlik Chandankhede Also directs: Big Vision Research Institute Private Limited | Director | 06 Aug 2018 | 8 Years 2 Months | Current |
| Prasanna Vasant Borkar Also directs: Big Vision Research Institute Private Limited | Director | 06 Aug 2018 | 8 Years 2 Months | Current |
| Deepali Ashok Mandlik Also directs: Big Vision Research Institute Private Limited | Director | 06 Aug 2018 | 8 Years 2 Months | Current |
Auditor
Grace Wellness Private Limited is audited by H A & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H A & ASSOCIATES | FY 2021 | 131596W |
Shareholding
The shareholding of Grace Wellness Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Grace Wellness Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Grace Wellness Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Grace Wellness Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Grace Wellness has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCG3585N1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Grace Wellness Private Limited, buy the company report.
Recent activity
Grace Wellness Private Limited has 9 board changes on record since 2014: 4 appointments and 5 cessations. The latest: Ashok Ramchandra Mandlik ceased to be Director on 07 Aug 2018.
Frequently asked questions
Grace Wellness is an active private limited company based in Nagpur, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 04 October 2013 (13+ years old) and is registered under CIN U74999MH2013PTC248868.
Grace Wellness has 4 current directors:
- Nirbhay Ashok Karandikar - Director
- Sanjay Pundlik Chandankhede - Director
- Prasanna Vasant Borkar - Director
- Deepali Ashok Mandlik - Director
The latest financial statements of Grace Wellness on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 06 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Grace Wellness is 27AAFCG3585N1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Grace Wellness is U74999MH2013PTC248868. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grace Wellness was incorporated on 04 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Nagpur.
Ashok Ramchandra Mandlik ceased to be Director on 07 Aug 2018. Manju Sanjay Chandankhede ceased to be Director on 07 Aug 2018. Poornima Nirbhay Karandikar ceased to be Director on 07 Aug 2018. Grace Wellness has 9 board changes on record in total.
The registered office of Grace Wellness is at 10721073 Binaki Layout Nr. Vaishali Nagar T – Point Sujata Nagar Itwari Railway Station Roa, D, Nagpur, Maharashtra, India – 440017.
Grace Wellness operates in the pharma industry, in the pharmaceutical retailers and distributors segment.
The compliance status of Grace Wellness is compliant as of 03 July 2026. The company is actively filing with the Registrar of Companies.