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Maxveda Health Private Limited - pharma in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.54 Lakh
▼ 27% YoY
Net loss · FY 2024
₹5.27 Lakh
Net margin -116.2%
EBITDA · FY 2024
-₹4.67 Lakh
EBITDA margin -102.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Maxveda Health Private Limited
Data last updated:
Maxveda Health Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 09 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2020PTC349774. Its GSTIN is 27AAOCM0100A1Z7 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Uttamchand Bastimal Jain and Dheeman Kumar.
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 Shop No 3 And 4 Chandrika Apt Plot No Cts 178 Manchubhai Road Malad (E) Mumbai 400097, Maharashtra, India – 400097.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.54 Lakh, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹5.27 Lakh (net margin -116.2%) and EBITDA of -₹4.67 Lakh (EBITDA margin -102.9%).
Maxveda Health Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0110744). For more details, the company can be reached via its website maxvedahealth.com.
Company details
CIN U24100MH2020PTC349774
Registration Number 349774
Incorporation Date 09 November 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0110744
Key People
Uttamchand Bastimal Jain Director Dheeman Kumar Director Manish Parasmal Shah Additional Director Recognitions & Rankings of Maxveda Health
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0110744
Contact details
Maxveda Health Private Limited's registered office is in Mumbai, Maharashtra. Its website is maxvedahealth.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No 3 And 4 Chandrika Apt Plot No Cts 178 Manchubhai Road Malad (E) Mumbai 400097, Maharashtra, India – 400097
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Maxveda Health Private Limited, buy the company report.
Comprehensive company report
Maxveda Health Private Limited - one report that includes everything
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- Historical financials and ratios
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- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Maxveda Health is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Maxveda Health Private Limited, buy the company report.
Financials of Maxveda Health Private Limited
FY 2025 filings availableMaxveda Health Private Limited reported revenue of ₹4.54 Lakh (down 27% YoY) for FY 2024.
Revenue · FY 2024
₹4.54 Lakh ▼ 27%
Net loss · FY 2024
₹5.27 Lakh margin -116.2%
EBITDA · FY 2024
-₹4.67 Lakh margin -102.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 27%
EBITDA CAGR growth
1 year
▲ 75%
3 years · compounded
▼ 124%
Revenue fell 27% in the latest year. EBITDA rose 75% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹4.67 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹5.27 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -102.9% | |||
| Net Profit Margin | -116.2% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Maxveda Health Private Limited, buy the company report.
Board of directors of Maxveda Health Private Limited
Maxveda Health has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Uttamchand Bastimal Jain Also directs: Medilife Health Sciences Private Limited, Macleon Health Sciences Private Limited, Maxwell Agency LLP and 5 more | Director | 09 Nov 2020 | 6 Years 0 Months | Current |
| Dheeman Kumar | Director | 09 Nov 2020 | 6 Years 0 Months | Current |
| Manish Parasmal Shah Also directs: Medilife Health Sciences Private Limited, Maxwell Agency LLP, Maxtech Health LLP and 4 more | Additional Director | 15 Sep 2021 | 5 Years 1 Months | Current |
Auditor
Maxveda Health Private Limited is audited by GORADIYA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GORADIYA & ASSOCIATES | FY 2021 | 130879W |
Legal cases
No court or tribunal cases involving Maxveda Health 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 Maxveda Health Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Maxveda Health Private Limited has 1 active EPFO establishment as of Mar 23, 2024.
Active EPFO establishments
1
GST
Maxveda Health has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAOCM0100A1Z7 | Maharashtra | Active | 12 Nov 2021 |
To see the full GST registrations and return filing status of Maxveda Health Private Limited, buy the company report.
Recent activity
Maxveda Health Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Manish Parasmal Shah was appointed as Additional Director on 15 Sep 2021.
AGM
Maxveda Health Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Maxveda Health Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Manish Parasmal Shah was appointed as Additional Director.
Appointed
Dheeman Kumar was appointed as Director.
Appointed
Uttamchand Bastimal Jain was appointed as Director.
Incorporation
09 Nov 2020
Maxveda Health Private Limited was registered on 09 Nov 2020 with Roc Mumbai & aged 6 years as per MCA records.
Frequently asked questions
Maxveda Health is an active private limited company based in Mumbai, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 09 November 2020 (6+ years old) and is registered under CIN U24100MH2020PTC349774.
Maxveda Health has 3 current directors:
- Uttamchand Bastimal Jain - Director
- Dheeman Kumar - Director
- Manish Parasmal Shah - Additional Director
The latest financial statements of Maxveda Health 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 FY 2021 are in the company report.
The GSTIN of Maxveda Health is 27AAOCM0100A1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Maxveda Health is U24100MH2020PTC349774. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxveda Health was incorporated on 09 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Manish Parasmal Shah was appointed as Additional Director on 15 Sep 2021. Dheeman Kumar was appointed as Director on 09 Nov 2020. Uttamchand Bastimal Jain was appointed as Director on 09 Nov 2020.
Yes, Maxveda Health is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Maxveda Health is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0110744).
Maxveda Health can be reached through the website maxvedahealth.com. Its registered office is in Mumbai, Maharashtra, India.
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