- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0005455

Deep Medical Devices Private Limited
About Deep Medical Devices Private Limited
Data last updated:
Deep Medical Devices Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 02 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U33112GJ2007PTC049689. Its GSTIN is 24AACCD5448E1ZX (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹44.86 Lakh. It is led by directors Jaspreet Kaur Bhatia and Paramjitsingh Variamsingh Bhatia.
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 705 Sakar – 9 Beside Old Rbi Office Near City Gold Cinema Ashram Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2024, the company reported a revenue of ₹71.41 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹1.08 Cr (net margin 1.5%) and EBITDA of ₹3.29 Cr (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹35 Cr and satisfied charges of ₹10.2 Cr on record. The company has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1.27 Cr; the latest was in March 2023. Its 6 peer companies in the Healthcare industry (Healthcare Equipment Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 4 larger and 2 smaller; the largest is Venkatasai Agencies Hyd Private Limited with revenue of ₹73.45 Cr.
Deep Medical Devices Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0005455). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Deep Medical Devices
Contact details
Deep Medical Devices Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address705 Sakar – 9 Beside Old Rbi Office Near City Gold Cinema Ashram Road, Ahmedabad, Gujarat, India – 380009
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of Deep Medical Devices 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
Business activity
The main business activity of Deep Medical Devices 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 Deep Medical Devices Private Limited, buy the company report.
Financials of Deep Medical Devices Private Limited
FY 2025 filings availableDeep Medical Devices Private Limited reported revenue of ₹71.41 Cr (up 22% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 22% growth in the latest year. EBITDA rose 12% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹3.29 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.08 Cr | ||||
| 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 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | ||||
| Net Profit Margin | 1.5% | ||||
| 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 Deep Medical Devices Private Limited, buy the company report.
Board of directors of Deep Medical Devices Private Limited
Deep Medical Devices has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaspreet Kaur Bhatia | Director | 02 Jan 2007 | 19 Years 10 Months | Current |
| Paramjitsingh Variamsingh Bhatia | Director | 02 Jan 2007 | 19 Years 10 Months | Current |
Peer comparison
Deep Medical Devices Private Limited is compared with the 6 companies closest to it by revenue in the Healthcare industry (Healthcare Equipment Retail and Distribution), 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 |
|---|---|---|---|---|---|---|
| Venkatasai Agencies Hyd Private Limited | ₹73.45 Cr (FY 2023) | -5.0% | Hyderabad, Telangana, India | |||
| Medanta Real Estate Private Limited | ₹72.36 Cr (FY 2025) | 463.0% | New Delhi, Delhi, India | |||
| Aic Enterprises Private Limited | ₹72.16 Cr (FY 2025) | 8.0% | Bangalore, Karnataka, India | |||
| Hospimedica International Limited | ₹71.43 Cr (FY 2024) | 28.0% | New Delhi, Delhi, India | |||
| Deep Medical Devices Private Limitedthis company | ₹71.41 Cr (FY 2024) | ₹1.08 Cr | 1.5% | 22.0% | Ahmedabad, Gujarat, India | |
| Parshva Medicare Private Limited | ₹71.24 Cr (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Sneh Biotech Private Limited | ₹70.24 Cr (FY 2024) | 9.0% | New Delhi, Delhi, India |
To see the full peer comparison of Deep Medical Devices Private Limited, buy the company report.
Auditor
Deep Medical Devices Private Limited is audited by A O AGRAWAL & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A O AGRAWAL & CO | FY 2022 | 119827W |
Shareholding
The shareholding of Deep Medical Devices Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Deep Medical Devices Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jan 2024 | 100853441 | Others | ₹52.5 Lakh | Open | |
| 05 Aug 2020 | 100369063 | Others | ₹15.08 Cr | Open | |
| 22 Nov 2016 | 100111002 | Others | ₹19.4 Cr | Open | |
| 28 Mar 2014 | 10493792 | Ing Vysya Bank Limited | ₹5.4 Cr | Satisfied | |
| 25 Mar 2010 | 10217061 | Oriental Bank of Commerce | ₹4.8 Cr | Satisfied |
To see the full charge records of Deep Medical Devices Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Deep Medical Devices Private Limited has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1.27 Cr; the latest was in March 2023.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2014 | Funding round | ₹45 Lakh | Investors: an individual |
To see the full deal history of Deep Medical Devices 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
No court or tribunal cases involving Deep Medical Devices Private Limited 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 Deep Medical Devices Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Deep Medical Devices has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCD5448E1ZX | Gujarat | Active | 01 Jul 2017 |
| 23AACCD5448E1ZZ | Madhya Pradesh | Active | 22 Feb 2018 |
To see the full GST registrations and return filing status of Deep Medical Devices Private Limited, buy the company report.
Recent activity
Deep Medical Devices Private Limited has 2 board changes on record since 2007: 2 appointments. The latest: Jaspreet Kaur Bhatia was appointed as Director on 02 Jan 2007.
3 earlier events are in the company report.
Frequently asked questions
Deep Medical Devices is an active private limited company based in Ahmedabad, Gujarat, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 02 January 2007 (19+ years old) and is registered under CIN U33112GJ2007PTC049689.
Deep Medical Devices has 2 current directors:
- Jaspreet Kaur Bhatia - Director
- Paramjitsingh Variamsingh Bhatia - Director
The latest financial statements of Deep Medical Devices 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 Deep Medical Devices is 24AACCD5448E1ZX, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 23AACCD5448E1ZZ (Madhya Pradesh).
The CIN (Corporate Identification Number) of Deep Medical Devices is U33112GJ2007PTC049689. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Deep Medical Devices was incorporated on 02 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Deep Medical Devices has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1.27 Cr; the latest was in March 2023.
The peers of Deep Medical Devices by revenue are Venkatasai Agencies Hyd Private Limited, Medanta Real Estate Private Limited, Aic Enterprises Private Limited, Hospimedica International Limited, Parshva Medicare Private Limited and 1 more, all in the Healthcare industry (Healthcare Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
Jaspreet Kaur Bhatia was appointed as Director on 02 Jan 2007. Paramjitsingh Variamsingh Bhatia was appointed as Director on 02 Jan 2007.
Yes, Deep Medical Devices is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0005455).
The registered office of Deep Medical Devices is at 705 Sakar – 9 Beside Old Rbi Office Near City Gold Cinema Ashram Road, Ahmedabad, Gujarat, India – 380009.

