Chirag Medicare Solutions Private Limited - Company Profile

It is a pharma private limited company based in Davangere, Karnataka, India, established in 2019.
2019 Davangere, Karnataka, India Active
Last Updated:
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About Chirag Medicare Solutions Private Limited

Chirag Medicare Solutions Private Limited, a active private limited company, was established on 27 March 2019 in Davangere, Karnataka, India. Engaging in pharmaceutical retailers & distributors within the trade sector, it holds CIN: U51909KA2019PTC122808. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹1.00 M.

Employing 148 professional, Its leadership includes Siddharth Upadhyay (Director), Praveen (Whole-Time Director), Kulambi Eswarappa Prakash (Director). Past directors included Arun Sadhanandham, Kulambi Eswarappa Prakash, Kulambi Eswarappa Nagaraj. It holds ₹18.00 Cr open charges and no settled loans. Its latest AGM occurred on 17 September 2025, with the balance sheet filed on 31 March 2025. It is based at 2650 Mcc B Block, Davangere, Karnataka, 577004.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U51909KA2019PTC122808

  • Registration Number

    122808

  • Incorporation Date

    27 March 2019

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹1.00 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 6 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 18.00 Cr
  • Revenue Growth **** -0.00%
  • Profit Growth **** -6.46%
  • Ebitda **** 6.50%
  • Net Worth 43.67%
  • Total Assets -1.38%
Company report

Chirag Medicare Solutions Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Chirag Medicare Solutions Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Chirag Medicare Solutions Private Limited?
Current Directors
Name Designation Appointment Date Status
Siddharth Upadhyay Director 11 Aug 2023 Current
Praveen Whole-Time Director 16 Nov 2023 Current
Kulambi Eswarappa Prakash Director 27 Mar 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Dec 2020 Past
Pramod Abcsdd Director - Past
Pramod Abcsdd Director 15 May 2019 Past
Pramod Abcsdd Additional Director 29 Sep 2024 Past
Pramod Abcsdd Additional Director 29 Dec 2020 Past
Pramod Abcsdd Additional Director 29 Dec 2020 Past

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Financial Performance of Chirag Medicare Solutions.

Chirag Medicare Solutions Private Limited, for the financial year ended 2023, experienced no change in revenue, with a -0% increase. The company also saw a slight decrease in profitability, with a 6.46% decrease in profit. The company's net worth Soared by an impressive increase of 43.67%.

Chirag Medicare Solutions revenue growth over time
Chirag Medicare Solutions profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -0.00%
*******
*******
*******
*******
Revenue from Operations
*******
 0.42%
*******
*******
*******
*******
Total Assets
*******
 -1.38%
*******
*******
*******
*******
Profit or Loss
*******
 -6.46%
*******
*******
*******
*******
Net Worth
*******
 43.67%
*******
*******
*******
*******
EBITDA
*******
 6.50%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Chirag Medicare Solutions?

In 2023, Chirag Medicare Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹180,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 18.00 Cr
Latest Charge Details
Date Lender Amount Status
08 Jan 2020 Axis Bank Limited ₹18.00 Cr Open

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How Many Employees Work at Chirag Medicare Solutions?

Chirag Medicare Solutions has a workforce of 148 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Chirag Medicare Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Chirag Medicare Solutions's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Chirag Medicare Solutions
Recent Activity within the Organization
  • Annual General Meeting

    Chirag Medicare Solutions Private Limited last Annual general meeting of members was held on 17 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Chirag Medicare Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was documented.

  • Director Appointment

    The activity Praveen was appointed as a Whole-time director was appointed as a Whole-time director on 16 Nov 2023 & has been associated with this company since 2 years 3 months . was completed.

  • Charges

    Progress on A charge with Axis Bank Limited of Rs. 180.00 M registered on 08 Jan 2020 with Charge ID 100320100 was modified on 30 Oct 2023. was documented.

  • Director Appointment

    The activity Siddharth Upadhyay was appointed as a Director was appointed as a Director on 11 Aug 2023 & has been associated with this company since 2 years 6 months . was completed.

  • Charges

    The activity A charge with Axis Bank Limited amounted to Rs. 180.00 M with Charge ID 100320100 was registered on 08 Jan 2020. was completed.

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Frequently Asked Questions
What is the CIN of Chirag Medicare Solutions Private Limited?

The CIN of Chirag Medicare Solutions Private Limited is U51909KA2019PTC122808.

Where is Chirag Medicare Solutions Private Limited headquartered?

Chirag Medicare Solutions Private Limited is headquartered at 2650 Mcc B Block, Davangere, Karnataka, 577004.

When was Chirag Medicare Solutions Private Limited incorporated?

Chirag Medicare Solutions Private Limited was incorporated on 27 March 2019.

Who are the current directors of Chirag Medicare Solutions Private Limited?

The current directors of Chirag Medicare Solutions Private Limited are

What is the primary industry of Chirag Medicare Solutions Private Limited?

The primary industry of Chirag Medicare Solutions Private Limited is Trade.

Is Chirag Medicare Solutions Private Limited a listed company?

Chirag Medicare Solutions Private Limited is unlisted.

What is the capital structure of Chirag Medicare Solutions Private Limited?

The authorized capital of Chirag Medicare Solutions Private Limited is ₹1.00 M, and the paid-up capital is ₹1.00 M.

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