Startup India Government of India
Medi Next Foundation - non-profit organizations in Mumbai, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2024
₹7.22 Lakh
▼ 29% YoY
Net loss · FY 2024
₹2.17 Lakh
Net margin -30.1%
EBITDA · FY 2024
-₹2.17 Lakh
EBITDA margin -30.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
3
As per MCA filings
Last financials
Mar 2024
Balance sheet date
About Medi Next Foundation
Data last updated:
Medi Next Foundation is a private not for profit company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the social services and community development segment of the non-profit sector. It was incorporated on 22 February 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85300MH2022NPL377242.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rupesh Maruti Dalal and Kundan Durvijay Singh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Room No – 1 Chawl No – 18 Navyuvak Chawl Committ Sanjay Nagar A K Rd Marol Pipe, Mumbai, Maharashtra, India – 400029.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.22 Lakh, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹2.17 Lakh (net margin -30.1%) and EBITDA of -₹2.17 Lakh (EBITDA margin -30.1%).
For more details, the company can be reached via its website medinextfoundation.com.
Company details
CIN U85300MH2022NPL377242
Registration Number 377242
Incorporation Date 22 February 2022
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
Key People
Dharamvir Varma Additional Director Rupesh Maruti Dalal Director Kundan Durvijay Singh Director Recognitions & Rankings of Medi Next Foundation
Contact details
Medi Next Foundation's registered office is in Mumbai, Maharashtra.
- Registered AddressRoom No – 1 Chawl No – 18 Navyuvak Chawl Committ Sanjay Nagar A K Rd Marol Pipe, Mumbai, Maharashtra, India – 400029
- IndustryNon-Profit Organizations, Social Work
Comprehensive company report
Medi Next Foundation - one report that includes everything
- 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
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Business activity
The main business activity of Medi Next Foundation is arts, entertainment and recreation. In detail, this covers sports, amusement and recreation activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R4 | Sports, amusement and recreation activities |
To see the full business activity and turnover split of Medi Next Foundation, buy the company report.
Financials of Medi Next Foundation
FY 2024 filings availableMedi Next Foundation reported revenue of ₹7.22 Lakh (down 29% YoY) for FY 2024.
Revenue · FY 2024
₹7.22 Lakh ▼ 29%
Net loss · FY 2024
₹2.17 Lakh margin -30.1%
EBITDA · FY 2024
-₹2.17 Lakh margin -30.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 29%
Revenue fell 29% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | -₹2.17 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2.17 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 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -30.1% | ||
| Net Profit Margin | -30.1% | ||
| 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 Medi Next Foundation, buy the company report.
Board of directors of Medi Next Foundation
Medi Next Foundation has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharamvir Varma | Additional Director | 09 Jan 2024 | 2 Years 9 Months | Current |
| Rupesh Maruti Dalal | Director | 22 Feb 2022 | 4 Years 8 Months | Current |
| Kundan Durvijay Singh | Director | 22 Feb 2022 | 4 Years 8 Months | Current |
Peer comparison
Medi Next Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (sports, amusement and recreation activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pursuit India Sports and Entertainment Private Limited | ₹7.39 Lakh (FY 2020) | -56.0% | Bangalore, Karnataka, India | |||
| Alchemize Fitness Private Limited | ₹7.36 Lakh (FY 2025) | 5.0% | Delhi, India | |||
| Agam Tech Private Limited | ₹7.32 Lakh (FY 2024) | 1374.0% | Mumbai, Maharashtra, India | |||
| Cbsports India Private Limited | ₹7.26 Lakh (FY 2020) | -97.0% | Gurgaon, Haryana, India | |||
| Flabfit Health Technologies Private Limited | ₹7.25 Lakh (FY 2018) | 303.0% | Chennai, Tamil Nadu, India | |||
| Medi Next Foundationthis company | ₹7.22 Lakh (FY 2024) | -₹2.17 Lakh | -30.1% | -29.0% | Mumbai, Maharashtra, India | |
| CNP Sports Services Private Limited | ₹7.21 Lakh (FY 2025) | -78.0% | Kanpur, Uttar Pradesh, India | |||
| Ligglo Max Private Limited | ₹7.2 Lakh (FY 2020) | -92.0% | Gurgaon, Haryana, India | |||
| Ebony & Ivory Events Private Limited | ₹7.19 Lakh (FY 2025) | 39.0% | Ernakulam, Kerala, India | |||
| Mahesh Holistic Yoga Private Limited | ₹7.18 Lakh (FY 2025) | -19.0% | Thrissur, Kerala, India | |||
| Star 11 Skill & Mind Game (OPC) Private Limited | ₹7.16 Lakh (FY 2022) | Satara, Maharashtra, India |
To see the full peer comparison of Medi Next Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Medi Next Foundation 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 Medi Next Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Medi Next Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Medi Next Foundation has 3 board changes on record since 2022: 3 appointments. The latest: Dharamvir Varma was appointed as Additional Director on 09 Jan 2024.
AGM
Medi Next Foundation last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Medi Next Foundation has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Dharamvir Varma was appointed as Additional Director.
Appointed
Kundan Durvijay Singh was appointed as Director.
Appointed
Rupesh Maruti Dalal was appointed as Director.
Incorporation
22 Feb 2022
Medi Next Foundation was registered on 22 Feb 2022 with Roc Mumbai & aged 4 years 8 months as per MCA records.
Frequently asked questions
Medi Next Foundation is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in social work, within the non-profit organizations industry. It was incorporated on 22 February 2022 (4+ years old) and is registered under CIN U85300MH2022NPL377242.
Medi Next Foundation has 3 current directors:
- Dharamvir Varma - Additional Director
- Rupesh Maruti Dalal - Director
- Kundan Durvijay Singh - Director
The latest financial statements of Medi Next Foundation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Medi Next Foundation is U85300MH2022NPL377242. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Medi Next Foundation was incorporated on 22 February 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Medi Next Foundation by revenue are Pursuit India Sports and Entertainment Private Limited, Alchemize Fitness Private Limited, Agam Tech Private Limited, Cbsports India Private Limited, Flabfit Health Technologies Private Limited and 5 more, all in the same principal business activity (sports, amusement and recreation activities).
Dharamvir Varma was appointed as Additional Director on 09 Jan 2024. Kundan Durvijay Singh was appointed as Director on 22 Feb 2022. Rupesh Maruti Dalal was appointed as Director on 22 Feb 2022.
Yes, Medi Next Foundation is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Medi Next Foundation can be reached through the website medinextfoundation.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Medi Next Foundation is at Room No – 1 Chawl No – 18 Navyuvak Chawl Committ Sanjay Nagar A K Rd Marol Pipe, Mumbai, Maharashtra, India – 400029.
Medi Next Foundation operates in the non-profit organizations industry, in the social work segment.
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