- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0068618

About Collateral Medical Private Limited
Data last updated:
Collateral Medical Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online healthcare product retail segment of the e-commerce sector. It was incorporated on 12 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U33100MH2010PTC201959. Its GSTIN is 27AADCC9377Q1ZQ (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹17.61 Lakh. It is led by directors including Nikhilesh Tiwari and Sarika Saxena.
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 1501 Emerald Isle II Royal Palms Aarey Colony Goregaon (E), Mumbai, Maharashtra, India – 400065.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.65 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹3.89 Cr (net margin -18.9%) and EBITDA of -₹3.61 Cr (EBITDA margin -17.5%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 21% over five years.
The company has about 24 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Collateral Medical. As per MCA filings, the company has open charges of ₹10.68 Cr and satisfied charges of ₹16.68 Cr on record. Court records list 13 cases involving the company, including 12 filed by the company and 1 filed against it; 10 cases are pending. The company has 18 deals on record (8 secondary share transfers, 5 funding rounds, 3 debt financings), with disclosed funding of ₹25.43 Cr; the latest was in May 2023. Its 3 peer companies in the Ecommerce and Internet industry (Healthcare Products), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 1 smaller; the largest is Eazymed Technologies Private Limited with revenue of ₹23.91 Cr.
Collateral Medical Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0068618). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website colmed.in.
Company details
Recognitions & Rankings of Collateral Medical
Contact details
Collateral Medical Private Limited's registered office is in Mumbai, Maharashtra. Its website is colmed.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1501 Emerald Isle II Royal Palms Aarey Colony Goregaon (E), Mumbai, Maharashtra, India – 400065
- IndustryE-Commerce, Online Healthcare Product Retail
To see the full contact details of Collateral Medical Private 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
Collateral Medical operates one associated brand: Collateral Medical. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform offering medical devices | colmed.in |
Business activity
The main business activity of Collateral Medical 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 Collateral Medical Private Limited, buy the company report.
Financials of Collateral Medical Private Limited
FY 2025 filings availableCollateral Medical Private Limited reported revenue of ₹20.65 Cr (down 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 24% fall in the latest year. EBITDA fell 24% 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 | -₹3.61 Cr | ||||
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| Net Profit (PAT) | -₹3.89 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -17.5% | ||||
| Net Profit Margin | -18.9% | ||||
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To see the full financial statements and ratios of Collateral Medical Private Limited, buy the company report.
Board of directors of Collateral Medical Private Limited
Collateral Medical has 5 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhilesh Tiwari | Director | 12 Apr 2010 | 16 Years 6 Months | Current |
| Sarika Saxena Also directs: Ian Beta LLP, Gen Real Consultants LLP, Gen Real Property Advisers Private Limited and 2 more | Director | 22 Jun 2023 | 3 Years 4 Months | Current |
| Nishant Beniwal Also directs: Bionic Environment Solutions Private Limited | Director | 04 Jan 2012 | 14 Years 9 Months | Current |
| Hithendra Karadathodi Ramachandran Also directs: Carpediem Capital LLP, Adinath Agro Processed Foods Private Limited, Inc.5 Shoes Private Limited and 5 more | Nominee Director | 12 Apr 2023 | 3 Years 6 Months | Current |
| Saurabh Pandey | Nominee Director | 24 Jan 2025 | 1 Years 8 Months | Current |
Peer comparison
Collateral Medical Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Healthcare Products), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eazymed Technologies Private Limited | ₹23.91 Cr (FY 2024) | 51.0% | Chennai, Tamil Nadu, India | |||
| Medlife Wellness Retail Private Limited | ₹22.04 Cr (FY 2022) | -93.0% | Bengaluru, Karnataka, India | |||
| Collateral Medical Private Limitedthis company | ₹20.65 Cr (FY 2025) | -₹3.89 Cr | -18.9% | -24.0% | 24 | Mumbai, Maharashtra, India |
| Interlinked Dawamandi Private Limited | ₹20.62 Cr (FY 2024) | 55.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Collateral Medical Private Limited, buy the company report.
Auditor
Collateral Medical Private Limited is audited by Walker Chandiok & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co. LLP | FY 2023 | 001076N/N500013 |
Shareholding
The shareholding of Collateral Medical Private 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Collateral Medical Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2022 | 100543591 | Others | ₹3.5 Cr | Satisfied | |
| 20 Jun 2021 | 100467003 | Others | ₹2 Cr | Satisfied | |
| 29 Apr 2021 | 100447718 | Others | ₹2 Cr | Satisfied | |
| 01 Sep 2020 | 100381988 | Others | ₹2 Cr | Satisfied | |
| 17 Jul 2020 | 100363637 | Others | ₹18 Lakh | Satisfied |
To see the full charge records of Collateral Medical Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Collateral Medical Private Limited has 18 deals on record (8 secondary share transfers, 5 funding rounds, 3 debt financings), with disclosed funding of ₹25.43 Cr; the latest was in May 2023.
Deals on record (5 of 18)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Carpediem Capital, an individual Seller: 3 individuals |
| Jul 2020 | Funding round · Series B | ₹83.9 Lakh | Investors: Carpediem Capital, 2 individuals |
| Dec 2019 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2019 | Debt financing | ₹2.5 Cr | Investors: Samridhi Fund |
To see the full deal history of Collateral Medical Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Collateral Medical Private Limited has 13 court cases on record: 12 filed by Collateral Medical, 1 filed against it. 10 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 1 | 10 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against M/S Ranish Impex Pvt Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against M/S Ranish Impex Pvt Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against M/S. Health Multispeciality Hospitals Pvt. Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against M/S. Health Multispeciality Hospitals Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against M/S. Icon Health Care Proprietor of Mr Dakshesh Gantra | Pending |
To see the full case history of Collateral Medical Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Collateral Medical Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Collateral Medical has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Colmed Innovations Private Limited | U33112MH2021PTC371036 |
To see the full group structure of Collateral Medical Private Limited, buy the company report.
Employees & EPFO
Collateral Medical Private Limited has a workforce of 24 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Collateral Medical has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCC9377Q1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Collateral Medical Private Limited, buy the company report.
Recent activity
Collateral Medical Private Limited has 17 board changes on record since 2010: 5 appointments and 12 cessations. The latest: Saurabh Pandey ceased to be Additional Director on 25 Apr 2025.
25 earlier events are in the company report.
Frequently asked questions
Collateral Medical is an active private limited company based in Mumbai, Maharashtra, India. The company works in online healthcare product retail, within the e-commerce industry. It was incorporated on 12 April 2010 (16+ years old) and is registered under CIN U33100MH2010PTC201959.
Collateral Medical has 5 current directors:
- Nikhilesh Tiwari - Director
- Sarika Saxena - Director
- Nishant Beniwal - Director
- Hithendra Karadathodi Ramachandran - Nominee Director
- Saurabh Pandey - Nominee Director
The latest financial statements of Collateral Medical 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 2015 are in the company report.
The GSTIN of Collateral Medical is 27AADCC9377Q1ZQ, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Collateral Medical is U33100MH2010PTC201959. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Collateral Medical has 13 court cases on record: 12 filed by the company and 1 filed against it. 10 are pending.
Collateral Medical was incorporated on 12 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Collateral Medical has 18 deals on record (8 secondary share transfers, 5 funding rounds, 3 debt financings), with disclosed funding of ₹25.43 Cr; the latest was in May 2023.
The peers of Collateral Medical by revenue are Eazymed Technologies Private Limited, Medlife Wellness Retail Private Limited, Interlinked Dawamandi Private Limited, all in the Ecommerce and Internet industry (Healthcare Products), with the same principal business activity (wholesale trading).
Saurabh Pandey ceased to be Additional Director on 25 Apr 2025. Saurabh Pandey was appointed as Nominee Director on 24 Jan 2025. Ranganathan Varadarajan Dilip Kumar ceased to be Nominee Director on 08 Dec 2023. Collateral Medical has 17 board changes on record in total.
Yes, Collateral Medical is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0068618).