About India Medtronic Private Limited
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India Medtronic Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Medrtonic International Limited. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 04 October 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U33110MH1993PTC204814. Its GSTIN is 27AAACI4227Q1Z8 (Maharashtra). The company holds 19 GST registrations, of which 11 are active.
The company has an authorised share capital of ₹10.05 Cr and a paid-up capital of ₹3.93 Cr. It is led by directors including Mandeep Singh Kumar (Managing Director) and Anil Suneja.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1261 Solitaire Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,669.84 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹136.79 Cr (net margin 5.1%) and EBITDA of ₹234.64 Cr (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 11% over five years.
The company has about 1,199 employees on its provident fund (EPFO) records.
Court records list 110 cases involving the company, including 52 filed by the company and 58 filed against it; 28 cases are pending. The company has 3 deals on record (3 rights issues); the latest was in June 2025. The company has 18 MSME Form 1 returns on record between 2018 and 2024, listing 1,079 overdue payments to 71 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website medtronic.co.in.
Company details
CIN history
India Medtronic has one previous CIN (Corporate Identification Number): U33110GJ1993PTC020327. The current CIN is U33110MH1993PTC204814, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U33110MH1993PTC204814 | Current |
| U33110GJ1993PTC020327 | Previous |
Contact details
India Medtronic Private Limited's registered office is in Mumbai, Maharashtra. Its website is medtronic.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1261 Solitaire Corporate Park Building Number 12 6th Floor Andheri – Ghatkopar Link Road, Andheri(E), Mumbai, Maharashtra, India – 400093
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of India Medtronic 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
Business activity
The main business activity of India Medtronic is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of India Medtronic Private Limited, buy the company report.
Financials of India Medtronic Private Limited
FY 2025 filings availableIndia Medtronic Private Limited reported revenue of ₹2,669.84 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 15% growth in the latest year. EBITDA rose 24% 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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| Total Expenses | |||||
| EBITDA | ₹234.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹136.79 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.8% | ||||
| Net Profit Margin | 5.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of India Medtronic Private Limited, buy the company report.
Board of directors of India Medtronic Private Limited
India Medtronic has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mandeep Singh Kumar Also directs: India Medtronic Private Limited | Managing Director | 17 May 2024 | 2 Years 5 Months | Current |
| Anil Suneja Also directs: India Medtronic Private Limited | Director | 06 May 2024 | 2 Years 6 Months | Current |
| Himanshu Kapila Also directs: India Medtronic Private Limited | Director | 17 Mar 2023 | 3 Years 7 Months | Current |
Auditor
India Medtronic Private Limited is audited by Price Waterhouse & Co Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse & Co Chartered Accountants LLP | FY 2023 | 304026E/E300009 |
Shareholding
The shareholding of India Medtronic Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of India Medtronic Private Limited, buy the company report.
Deals & funding
India Medtronic Private Limited has 3 deals on record (3 rights issues); the latest was in June 2025.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2025 | Rights issue | ₹171 Cr | Investors: Medtronic International Limited, Medtronic INC |
| Jun 2018 | Rights issue | ₹196.37 Cr | Investors: Medtronic International Limited, Medtronic INC |
| Aug 2016 | Rights issue | ₹175.8 Cr | Investors: Medtronic International Limited, Medtronic INC |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
India Medtronic Private Limited has 110 court cases on record: 52 filed by India Medtronic, 58 filed against it. 28 cases are pending and 82 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 51 | 30 | 14 |
| District courts | 41 | 27 | 5 |
| NCLAT | 16 | 0 | 9 |
| NCLT | 2 | 1 | 0 |
Cases on record (5 of 110)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Healthcare Associates Private Limited | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Healthcare Associates Private Limited | Pending |
| NCLAT, NCLAT New Delhi | Court case (Caveat) | Filed by the company against Healthcare Associates Private Limited | Pending |
| NCLAT, Interlocutory Application | Interim or miscellaneous application | Filed by the company against Healthcare Associates Private Limited | Pending |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by Healthcare Associates Private Limited | Pending |
To see the full case history of India Medtronic Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
India Medtronic Private Limited has 18 MSME Form 1 returns on record between 2018 and 2024, listing 1,079 overdue payments to 71 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 71)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Swastika Logistics | |||
| First Cars Private Limited | |||
| an individual supplier | |||
| Skil Cabs Private Limited |
To see the full MSME payment records of India Medtronic Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
India Medtronic Private Limited has a workforce of 1,199 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1,199 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2014-15 |
To see the full employee and EPFO history of India Medtronic Private Limited, buy the company report.
GST
India Medtronic has 19 GST registrations: 11 active and 8 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI4227Q1Z8 | Maharashtra | Active | 01 Jul 2017 |
| 27AAACI4227Q2Z7 | Maharashtra | Active | 31 Oct 2022 |
| 07AAACI4227Q1ZA | Delhi | Active | 01 Jul 2017 |
| 29AAACI4227Q1Z4 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of India Medtronic Private Limited, buy the company report.
Recent activity
India Medtronic Private Limited has 17 board changes on record since 2009: 3 appointments and 14 cessations. The latest: Anil Suneja ceased to be Additional Director on 29 Sep 2024.
8 earlier events are in the company report.
News
Frequently asked questions
India Medtronic is an active private limited company based in Mumbai, Maharashtra, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 04 October 1993 (33+ years old) and is registered under CIN U33110MH1993PTC204814.
India Medtronic has 3 current directors:
- Mandeep Singh Kumar - Managing Director
- Anil Suneja - Director
- Himanshu Kapila - Director
The latest financial statements of India Medtronic on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of India Medtronic is 27AAACI4227Q1Z8, registered in Maharashtra. The company has 19 GST registrations in all, of which 11 are active and 8 are cancelled or inactive. Other active GSTINs include 27AAACI4227Q2Z7 (Maharashtra), 07AAACI4227Q1ZA (Delhi), 29AAACI4227Q1Z4 (Karnataka).
The CIN (Corporate Identification Number) of India Medtronic is U33110MH1993PTC204814. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
India Medtronic has 110 court cases on record: 52 filed by the company and 58 filed against it. 28 are pending. Most are in the high courts.
India Medtronic was incorporated on 04 October 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
India Medtronic has 3 deals on record (3 rights issues); the latest was in June 2025.
Anil Suneja ceased to be Additional Director on 29 Sep 2024. Mandeep Singh Kumar was appointed as Managing Director on 17 May 2024. Michael Andrew Blackwell ceased to be Managing Director on 07 May 2024. India Medtronic has 17 board changes on record in total.
India Medtronic has 18 MSME Form 1 returns on record between 2018 and 2024, listing 1,079 overdue payments to 71 micro and small suppliers. The latest return was filed on 29 Apr 2024.
India Medtronic can be reached through the website medtronic.co.in. Its registered office is in Mumbai, Maharashtra, India.
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