About Mahaveer Medi Sales
Mahaveer Medi Sales is a Healthcare company based in Bengaluru (India) founded in 2016. It serves as a distributor of a wide range of pharmaceutical drugs. It operates on a B2B model. The company has 613 employees. Its Indian entity Mahaveer Medi-Sales Private Limited reported revenue of ₹1,045 Cr. Its focus areas include Pharmaceuticals, Drug Distribution and Wholesale Distribution. Similar companies include Entero Healthcare, Keimed and Sandor Medicaids; 3 of its 3 listed similar companies have raised funding.
Company details
Mahaveer Medi Sales serves as a distributor of a wide range of pharmaceutical drugs, focusing on providing healthcare solutions, producing pharmaceutical products, drug distribution, and handling wholesale distribution. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Bengaluru, India
- Employees 613
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website mahaveermedi.com
- Social Facebook
- Legal Name Mahaveer Medi-Sales Private Limited
- Date of Incorporation 11 Mar, 2016
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1,045 Cr
FY 2025 · +27% YoY
- Net Profit₹5.17 Cr
FY 2025 · 0% margin
- EBITDA₹24.24 Cr
FY 2025 · 2% margin
- Employee Count613
Associated legal entities of Mahaveer Medi Sales
Mahaveer Medi Sales is associated with 4 registered companies on The Company Check; the primary company is Mahaveer Medi-Sales Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mahaveer Medi-Sales Private Limited CIN U51103MH2016PTC442989 | Active | 11 Mar 2016 | Mumbai, Maharashtra | ₹1,045 Cr | 613 | 8 | View details |
| Ahwspl India Private Limited CIN U74990MH2019PTC325721 | Active | 23 May 2019 | Mumbai, Maharashtra | ₹2.3 Cr | 24 | 5 | View details |
| Ascent Wellness And Pharma Solutions Private Limited CIN U74999MH2019PTC325869 | Active | 27 May 2019 | Mumbai, Maharashtra | ₹1,373 Cr | 1,787 | 4 | View details |
| Api Holdings Limited CIN U60100MH2019PLC323444 | Active | 31 Mar 2019 | Thane, Maharashtra | ₹6,689 Cr | 220 | 14 | View details |
Board of directors of Mahaveer Medi-Sales Private Limited (Mahaveer Medi Sales)
Mahaveer Medi-Sales Private Limited is the primary company behind Mahaveer Medi Sales. The boards of the 4 registered companies of Mahaveer Medi Sales currently have 24 directors; the longest-serving is Nirmala Jain, appointed in 2016. 52 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nirmala Jain DIN 02792352 | Whole-time director | 11 Mar 2016 | 10 yrs 7 mo | Mahaveer Medi-Sales Private Limited |
| Vinod Jain DIN 01346118 | Managing Director | 11 Mar 2016 | 10 yrs 7 mo | Mahaveer Medi-Sales Private Limited |
| Siddharth Bhaskar Shah DIN 05186193 | Director | 27 Aug 2020 | 6 yrs 2 mo | Api Holdings Limited |
| Ashutosh Sharma DIN 07825610 | Director | 05 Apr 2021 | 5 yrs 6 mo | Api Holdings Limited |
| Aditya Puri DIN 00062650 | Director | 20 Apr 2021 | 5 yrs 6 mo | Api Holdings Limited |
| Anand Subramanian Iyer DIN 01322598 | Director | 25 Nov 2021 | 4 yrs 11 mo | Mahaveer Medi-Sales Private Limited |
| Bherumal Jain DIN 07458399 | Whole-time director | 10 Jan 2023 | 3 yrs 9 mo | Mahaveer Medi-Sales Private Limited |
| Yash Jayesh Parekh DIN 08479564 | Director | 30 Jan 2024 | 2 yrs 9 mo | Ahwspl India Private Limited, Ascent Wellness And Pharma Solutions Private Limited |
| Kalpana Srinivasan DIN 00008178 | Director | 05 Apr 2024 | 2 yrs 6 mo | Mahaveer Medi-Sales Private Limited, Ascent Wellness And Pharma Solutions Private Limited |
| Ranjan Ramdas Pai DIN 00863123 | Director | 15 May 2024 | 2 yrs 5 mo | Api Holdings Limited |
| Shyam Powar DIN 01679598 | Director | 15 May 2024 | 2 yrs 5 mo | Api Holdings Limited |
| Ashish Arora DIN 08903038 | Director | 12 Jun 2024 | 2 yrs 4 mo | Mahaveer Medi-Sales Private Limited, Ahwspl India Private Limited, Ascent Wellness And Pharma Solutions Private Limited |
| Praveen Mishra DIN 08691088 | Director | 31 Aug 2024 | 2 yrs 2 mo | Ahwspl India Private Limited |
| Darshan Anil Haria DIN 10739987 | Director | 11 Sep 2024 | 2 yrs 1 mo | Ahwspl India Private Limited |
| Uday Patel Kadam DIN 09277168 | Director | 17 Apr 2025 | 1 yr 6 mo | Mahaveer Medi-Sales Private Limited |
| Rajaganesan Rajbalaji DIN 09636145 | Director | 17 Apr 2025 | 1 yr 6 mo | Mahaveer Medi-Sales Private Limited |
| Raj Kumar Chatterjee DIN 10993614 | Whole-time director | 21 May 2025 | 1 yr 5 mo | Ascent Wellness And Pharma Solutions Private Limited |
| Harshal Ashok Chaudhari DIN 11224417 | Director | 06 Aug 2025 | 1 yr 2 mo | Ahwspl India Private Limited |
| Rahul Franklin Guha DIN 09588432 | Managing Director | 27 Aug 2025 | 1 yr 2 mo | Api Holdings Limited |
| Ravi Rajagopal DIN 00067073 | Director | 24 Feb 2026 | 8 mo | Api Holdings Limited |
| Alok Kumar Jagnani DIN 00644360 | Whole-time director | 26 May 2026 | 5 mo | Api Holdings Limited |
| Mayank Bajpai DIN 07713274 | Director | 18 Aug 2026 | 2 mo | Api Holdings Limited |
| Bobby Kanubhai Parikh DIN 00019437 | Director | 09 Sep 2026 | 1 mo | Api Holdings Limited |
| Archana Bhaskar DIN 02235456 | Director | 09 Sep 2026 | 1 mo | Api Holdings Limited |
Financials of Mahaveer Medi Sales
Figures of Mahaveer Medi-Sales Private Limited, the primary company behind Mahaveer Medi Sales, for FY 2025. Revenue was ₹1,045 Cr (+27% year on year). Net profit was ₹5.17 Cr (0% margin). EBITDA was ₹24.24 Cr (2% margin). Revenue has grown at a compounded annual rate of +16% over three years and +16% over five years.
- ₹1,045 CrRevenue · FY 2025 · +27% YoY
- ₹5.17 CrNet profit · 0% margin
- ₹24.24 CrEBITDA · 2% margin
- ₹40 LakhPaid-up capital
- 613Employees (provident fund records)
- +16%Revenue CAGR, 3 years
- +16%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Mahaveer Medi-Sales Private Limited are on its company page.
Detailed financial statements for Mahaveer Medi Sales
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Similar companies to Mahaveer Medi Sales
Mahaveer Medi Sales has 3 listed similar companies in our database, 3 of them funded. They include Entero Healthcare, Keimed and Sandor Medicaids.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| enterohealthcare.com | 2018 | Mumbai, India | $59.67M | 817 | India's leading healthcare products distribution platform | |
| keimed.com | 2000 | Hyderabad, India | $16.62M | 588 | Temperature-sensitive medicines are distributed via cold chain logistics by Keimed. | |
| sandor.co.in | 1995 | Hyderabad, India | $8.98M | 161 | Provider of medical equipment, devices, and drugs distribution services |
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Frequently Asked Questions about Mahaveer Medi Sales
Mahaveer Medi Sales was founded in 2016.
Mahaveer Medi Sales is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Mahaveer Medi Sales has 613 employees.
The primary company behind Mahaveer Medi Sales, Mahaveer Medi-Sales Private Limited, reported revenue of ₹1,045 Cr for FY 2025, up 27% year on year.
Mahaveer Medi Sales serves as a distributor of a wide range of pharmaceutical drugs, focusing on providing healthcare solutions, producing pharmaceutical products, drug distribution, and handling wholesale distribution. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Mahaveer Medi Sales's top competitors include Entero Healthcare, Keimed and Sandor Medicaids.
Mahaveer Medi Sales is associated with 4 legal entities: Mahaveer Medi-Sales Private Limited, Api Holdings Limited, Ahwspl India Private Limited and others.
The legal entities of Mahaveer Medi Sales currently have 25 directors, including Nirmala Jain, Anand Subramanian Iyer, Ashish Arora and others.