About Aditya Medisales Limited
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Aditya Medisales Limited is a public limited company based in Vadodara, Gujarat, India, a subsidiary of Shanghvi Finance Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 16 October 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24230GJ1990PLC014535. Its GSTIN is 24AABCA9317J2ZP (Gujarat). The company holds 52 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.11 Cr. It is led by directors including Bhushan Prakashbhai Mehta (Whole-Time Director) and Swati Chetan Jagetia.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ground Floor Synergy House No. 1, Subhanpura Road Vadodara Gujarat, Gujarat, India – 390003.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.48 Cr, a growth of 63% compared to the previous year. For the same year it recorded a net profit of ₹2.42 Cr (net margin 32.3%) and EBITDA of ₹3.41 Cr (EBITDA margin 45.7%). Revenue has grown at a compounded annual rate (CAGR) of 74% over three years and 6% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Aditya Medisales. As per MCA filings, the company has open charges of ₹800 Cr and satisfied charges of ₹2,557.5 Cr on record. Court records list 95 cases involving the company, including 58 filed by the company and 37 filed against it; 16 cases are pending. The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹8.35 Cr; the latest was in March 2019.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adityamedisales.com.
Company details
Contact details
Aditya Medisales Limited's registered office is in Vadodara, Gujarat. Its website is adityamedisales.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGround Floor Synergy House No. 1, Subhanpura Road Vadodara Gujarat, Gujarat, India – 390003
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Aditya Medisales 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
Aditya Medisales operates one associated brand: Aditya Medisales. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A pharmaceutical distribution company offering regulatory consulting services for compliance and efficiency. | adityamedisales.com |
Business activity
The main business activity of Aditya Medisales is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Aditya Medisales Limited, buy the company report.
Financials of Aditya Medisales Limited
FY 2025 filings availableAditya Medisales Limited reported revenue of ₹7.48 Cr (up 63% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 63% growth in the latest year. EBITDA rose 39% 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 | ₹3.41 Cr | ||||
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| Net Profit (PAT) | ₹2.42 Cr | ||||
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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 | 45.7% | ||||
| Net Profit Margin | 32.3% | ||||
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To see the full financial statements and ratios of Aditya Medisales Limited, buy the company report.
Board of directors of Aditya Medisales Limited
Aditya Medisales has 4 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swati Chetan Jagetia Also directs: Solar Power Technologies India LLP, Rayo Enterprises LLP, Sun Speciality Chemicals Private Limited and 5 more | Director | 14 Nov 2019 | 6 Years 11 Months | Current |
| Hitesh Rasiklal Sheth Also directs: Sun Petrochemicals Private Limited, Sun Petro Private Limited | Additional Director | 04 Jun 2025 | 1 Years 5 Months | Current |
| Bhushan Prakashbhai Mehta Also directs: Conceptual Advisory Services LLP, Kopta Estate Private Limited, Superwave Developers Limited and 5 more | Whole-Time Director | 01 Aug 2012 | 14 Years 3 Months | Current |
| Harshit Kishor Patel | Director | 28 Mar 2022 | 4 Years 7 Months | Current |
Auditor
Aditya Medisales Limited is audited by K S N C & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K S N C & Co LLP | FY 2023 | W100609 |
Shareholding
The shareholding of Aditya Medisales 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 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Aditya Medisales Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 May 2023 | 100726980 | Tata Capital Financial Services Limited | ₹500 Cr | Satisfied | |
| 06 Feb 2023 | 100676816 | Tata Capital Financial Services Limited | ₹300 Cr | Satisfied | |
| 27 Feb 2020 | 100329671 | Others | ₹300 Cr | Satisfied | |
| 10 Jan 2020 | 100324357 | Others | ₹55 Cr | Satisfied | |
| 13 Sep 2019 | 100324322 | Others | ₹500 Cr | Satisfied |
To see the full charge records of Aditya Medisales Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Aditya Medisales Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹8.35 Cr; the latest was in March 2019.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Shanghvi Finance Private Limited Seller: Meghganga Finvest Private Limited , Sholapur Organics Private Limited , Asawari Investment and Finance Private Limited |
| Oct 2018 | Secondary share transfer | Undisclosed | Buyer: Gujarat Sun Pharmaceutical India Private Limited & Vibha Dilip Seller: Sun Petro Private Limited |
| Feb 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Sun Speciality Chemicals Private Limited Seller: Sun Pharma Laboratories Limited |
| Jan 2012 | Funding round | ₹8.35 Cr | Investors: Sun Pharma Laboratories Limited , Sholapur Organics Private Limited , Meghganga Finvest Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Aditya Medisales Limited has 95 court cases on record: 58 filed by Aditya Medisales, 37 filed against it. 16 cases are pending and 79 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 56 | 25 | 11 |
| High courts | 39 | 12 | 5 |
Cases on record (5 of 95)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Commercial matter | Filed against the company by Shilchar Technologies Ltd. Authorized Signatory P.S.Pandya Officer (P and F) | Disposed |
| Bombay High Court | Court case (EXA) | Filed by the company against The New India Assurance Company Limited | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by The New India Assurance Company Limited | Disposed |
| High Court of Karnataka | Appeal | Filed against the company by M/S Suraksha Realty Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by M/S Suraksha Realty Limited | Disposed |
To see the full case history of Aditya Medisales 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.
Credit ratings & regulatory alerts
Aditya Medisales Limited was last rated by Care on 17 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 17 Feb 2022 |
To see the full credit ratings and regulatory alerts of Aditya Medisales Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aditya Medisales Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aditya Medisales Limited has a workforce of 4 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Aditya Medisales has 52 GST registrations: 2 active and 50 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA9317J2ZP | Gujarat | Active | 26 Feb 2021 |
| 27AABCA9317J1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aditya Medisales Limited, buy the company report.
Recent activity
Aditya Medisales Limited has 22 board changes on record since 2008: 5 appointments and 17 cessations. The latest: Hitesh Rasiklal Sheth was appointed as Additional Director on 04 Jun 2025.
38 earlier events are in the company report.
Frequently asked questions
Aditya Medisales is an active public limited company based in Vadodara, Gujarat, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 16 October 1990 (36+ years old) and is registered under CIN U24230GJ1990PLC014535.
Aditya Medisales has 4 current directors:
- Bhushan Prakashbhai Mehta - Whole-Time Director
- Swati Chetan Jagetia - Director
- Hitesh Rasiklal Sheth - Additional Director
- Harshit Kishor Patel - Director
The latest financial statements of Aditya Medisales on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Aditya Medisales is 24AABCA9317J2ZP, registered in Gujarat. The company has 52 GST registrations in all, of which 2 are active and 50 are cancelled or inactive. Other active GSTINs include 27AABCA9317J1ZK (Maharashtra).
The CIN (Corporate Identification Number) of Aditya Medisales is U24230GJ1990PLC014535. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aditya Medisales has 95 court cases on record: 58 filed by the company and 37 filed against it. 16 are pending. Most are in the district courts.
Aditya Medisales was incorporated on 16 October 1990, making it 36+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Aditya Medisales has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹8.35 Cr; the latest was in March 2019.
Hitesh Rasiklal Sheth was appointed as Additional Director on 04 Jun 2025. Ayushi Samir Shah ceased to be Company Secretary on 03 Nov 2023. Ajay Dinesh Mehta ceased to be Director on 23 Sep 2022. Aditya Medisales has 22 board changes on record in total.
Aditya Medisales can be reached through the website adityamedisales.com. Its registered office is in Vadodara, Gujarat, India.
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