About Max Meditech Private Limited
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Max Meditech Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 01 September 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24230GJ2005PTC046697. Its GSTIN is 24AAECM3783F2ZH (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Ashokbhai Manibhai Patel (Whole-Time Director) and Astha Mihir Patel.
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 205/206 Opel Squareb/H Hotel Express R.C. Dutt Road, Vadodara, Gujarat, India – 390005.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.5 Lakh, a decline of 35% compared to the previous year. For the same year it recorded a net profit of ₹52,086 (net margin 11.6%) and EBITDA of ₹1.92 Lakh (EBITDA margin 42.6%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 75% over five years.
The company is associated with 1 brand: Max Ventilator. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maxventilator.com.
Company details
Contact details
Max Meditech Private Limited's registered office is in Vadodara, Gujarat. Its website is maxventilator.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address205/206 Opel Squareb/H Hotel Express R.C. Dutt Road, Vadodara, Gujarat, India – 390005
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Max Meditech 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
Brands
Max Meditech operates one associated brand: Max Ventilator. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Developer of a patient ventilation system | maxventilator.com |
Financials of Max Meditech Private Limited
FY 2025 filings availableMax Meditech Private Limited reported revenue of ₹4.5 Lakh (down 35% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 35% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 75%. EBITDA fell 65% 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 | ₹1.92 Lakh | ||||
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| Net Profit (PAT) | ₹52,086 | ||||
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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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| Profitability | |||||
| EBITDA Margin | 42.6% | ||||
| Net Profit Margin | 11.6% | ||||
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To see the full financial statements and ratios of Max Meditech Private Limited, buy the company report.
Board of directors of Max Meditech Private Limited
Max Meditech has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashokbhai Manibhai Patel Also directs: Sigil (India) Services Pprivate Limited | Whole-Time Director | 01 Sep 2005 | 21 Years 1 Months | Current |
| Astha Mihir Patel | Director | 22 May 2019 | 7 Years 5 Months | Current |
Peer comparison
Max Meditech Private Limited is compared with the 10 companies closest to it by revenue in the Healthcare industry (Healthcare Equipment Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| A R Medical Private Limited | ₹4.62 Lakh (FY 2024) | 108.0% | Guwahati, Assam, India | |||
| Medvantage Hospital Solutions Private Limited | ₹4.56 Lakh (FY 2019) | -70.0% | Bangalore, Karnataka, India | |||
| Laher Healthcare Private Limited | ₹4.54 Lakh (FY 2023) | -32.0% | Surat, Gujarat, India | |||
| Vishal Bhrata Pariwar Private Limited | ₹4.54 Lakh (FY 2022) | -51.0% | Guwahati, Assam, India | |||
| Alachlor Trading and Marketing Private Limited | ₹4.5 Lakh (FY 2025) | -84.0% | New Delhi, Delhi, India | |||
| Max Meditech Private Limitedthis company | ₹4.5 Lakh (FY 2025) | ₹52,086 | 11.6% | -35.0% | Vadodara, Gujarat, India | |
| Ecm Engineers (India) Private Limited | ₹4.48 Lakh (FY 2025) | -85.0% | Kolkata, West Bengal, India | |||
| Jas-Jai Tradecon Private Limited | ₹4.48 Lakh (FY 2025) | -4.0% | Aurangabad, Maharashtra, India | |||
| Dux Ducis Pharmaceuticals Private Limited | ₹4.46 Lakh (FY 2019) | -56.0% | Navi Mumbai, Maharashtra, India | |||
| Devine Ocular Devices Private Limited | ₹4.44 Lakh (FY 2025) | 25.0% | New Delhi, Delhi, India | |||
| VJH Lifecare Private Limited | ₹4.43 Lakh (FY 2025) | -99.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Max Meditech Private Limited, buy the company report.
Auditor
Max Meditech Private Limited is audited by R. Atul & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. Atul & Co | FY 2022 | 100778W |
Shareholding
The shareholding of Max Meditech Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Max Meditech Private Limited, buy the company report.
Legal cases
Max Meditech Private Limited has 4 court cases on record: 2 filed by Max Meditech, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| District court, Vadodara, Gujarat | Court case (SMST R) | Filed by the company against M/S. Iron Bio Med Icare Pvt. Ltd. | Disposed |
| High Court | Writ petition | Filed by the company against State of Kerala and 1 other | Disposed |
To see the full case history of Max Meditech 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
No delayed payments to MSME suppliers are on our record for Max Meditech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Max Meditech has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECM3783F2ZH | Gujarat | Active | 16 Oct 2021 |
To see the full GST registrations and return filing status of Max Meditech Private Limited, buy the company report.
Recent activity
Max Meditech Private Limited has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Astha Mihir Patel was appointed as Director on 22 May 2019.
Frequently asked questions
Max Meditech is an active private limited company based in Vadodara, Gujarat, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 01 September 2005 (21+ years old) and is registered under CIN U24230GJ2005PTC046697.
Max Meditech has 2 current directors:
- Ashokbhai Manibhai Patel - Whole-Time Director
- Astha Mihir Patel - Director
The latest financial statements of Max Meditech 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 Max Meditech is 24AAECM3783F2ZH, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Max Meditech is U24230GJ2005PTC046697. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Max Meditech has 4 court cases on record: 2 filed by the company and 2 filed against it. Most are in the district courts.
Max Meditech was incorporated on 01 September 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Max Meditech by revenue are A R Medical Private Limited, Medvantage Hospital Solutions Private Limited, Laher Healthcare Private Limited, Vishal Bhrata Pariwar Private Limited, Alachlor Trading and Marketing Private Limited and 5 more, all in the Healthcare industry (Healthcare Equipment Retail and Distribution).
Astha Mihir Patel was appointed as Director on 22 May 2019. Mihirbhai Ashokbhai Patel ceased to be Director on 22 May 2019. Chetan Vinodchandra Shah ceased to be Whole-Time Director on 11 Dec 2015. Max Meditech has 4 board changes on record in total.
Max Meditech can be reached through the website maxventilator.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Max Meditech is at 205206 Opel SquarebH Hotel Express R.C. Dutt Road, Vadodara, Gujarat, India – 390005.