MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-03-0000189
Gill Medicare Private Limited
Gill Medicare Private Limited - healthcare in Bathinda, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹74.17 Cr
▲ 101% YoY
Net loss · FY 2025
₹1.02 Cr
Net margin -1.4%
EBITDA · FY 2025
₹25.67 Cr
EBITDA margin 34.6%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹9.98 Cr
Issued & subscribed
Open charges
₹250.72 Cr
Satisfied ₹141.2 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
135
Provident fund records
About Gill Medicare Private Limited
Data last updated:
Gill Medicare Private Limited is a private limited company based in Bathinda, Punjab, India. It operates in the hospital and clinical services segment of the healthcare sector. It was incorporated on 31 July 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U85110PB2007PTC031290. Its GSTIN is 03AACCG8988Q1ZQ (Punjab).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.98 Cr. It is led by directors Gursewak Singh Gill (Managing Director) and Swaranjeet Kaur.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bathinda, Punjab.
As per the financials filed for FY 2025, the company reported a revenue of ₹74.17 Cr, a growth of 101% compared to the previous year. For the same year it recorded a net loss of ₹1.02 Cr (net margin -1.4%) and EBITDA of ₹25.67 Cr (EBITDA margin 34.6%). Revenue has grown at a compounded annual rate (CAGR) of 83% over three years and 47% over five years.
The company has about 135 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹250.72 Cr and satisfied charges of ₹141.2 Cr on record. The company has 14 deals on record (9 secondary share transfers, 4 rights issues, 1 funding round), with disclosed funding of ₹73 Lakh; the latest was in February 2023. Its 3 peer companies in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (human health activities) are compared by revenue, 3 smaller; the largest is Sreechand Speciality Hospitals Private Limited with revenue of ₹74.01 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers.
Gill Medicare Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-03-0000189). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U85110PB2007PTC031290
Registration Number 031290
Incorporation Date 31 July 2007
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-03-0000189
Recognitions & Rankings of Gill Medicare
Contact details
Gill Medicare Private Limited's registered office is in Bathinda, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPragma Medical Institute, Dabwali Road, Bathinda, Punjab, India – 151001
- IndustryHealthcare, Hospitals
To see the full contact details of Gill Medicare Private Limited, buy the company report.
Comprehensive company report
Gill Medicare Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Gill Medicare is human health and social work activities. In detail, this covers human health activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Human health and social work activities | 86 | Human health activities |
To see the full business activity and turnover split of Gill Medicare Private Limited, buy the company report.
Financials of Gill Medicare Private Limited
FY 2024 filings availableGill Medicare Private Limited reported revenue of ₹74.17 Cr (up 101% YoY) for FY 2025.
Revenue · FY 2025
₹74.17 Cr ▲ 101%
Net loss · FY 2025
₹1.02 Cr margin -1.4%
EBITDA · FY 2025
₹25.67 Cr margin 34.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 101%
3 years · compounded
▲ 83%
5 years · compounded
▲ 47%
EBITDA CAGR growth
1 year
▲ 47%
3 years · compounded
▲ 162%
5 years · compounded
▲ 78%
Revenue has grown at a compounded annual rate (CAGR) of 47% over five years, including 101% growth in the latest year. EBITDA rose 47% 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 |
|---|---|---|---|---|---|
| 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 | ₹25.67 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.02 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.6% | ||||
| Net Profit Margin | -1.4% | ||||
| 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 Gill Medicare Private Limited, buy the company report.
Board of directors of Gill Medicare Private Limited
Gill Medicare has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gursewak Singh Gill Also directs: Agot Pharma Private Limited, Pragma Foundation | Managing Director | 31 Jul 2007 | 19 Years 3 Months | Current |
| Swaranjeet Kaur Also directs: Agot Pharma Private Limited, Pragma Foundation | Additional Director | 09 Sep 2025 | 1 Years 2 Months | Current |
Peer comparison
Gill Medicare Private Limited is compared with the 3 companies closest to it by revenue in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (human health activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gill Medicare Private Limitedthis company | ₹74.17 Cr (FY 2025) | -₹1.02 Cr | -1.4% | 101.0% | 135 | Bathinda, Punjab, India |
| Sreechand Speciality Hospitals Private Limited | ₹74.01 Cr (FY 2024) | -9.0% | Kannur, Kerala, India | |||
| Surakshitha Healthcare Private Limited | ₹74 Cr (FY 2025) | 25.0% | Kurnool, Andhra Pradesh, India | |||
| Asansol Healthworld Private Limited | ₹73.66 Cr (FY 2025) | 2013.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Gill Medicare Private Limited, buy the company report.
Auditor
Gill Medicare Private Limited is audited by Bansal Sunil & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bansal Sunil & Co. | FY 2023 | 014623N |
Shareholding
The shareholding of Gill Medicare 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 Gill Medicare Private Limited, buy the company report.
Charges & borrowings
Open charges
₹250.72 Cr
Satisfied charges
₹141.2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2025 | 101099200 | Others | ₹28.99 Lakh | Open | |
| 10 Dec 2024 | 101014745 | Others | ₹88.25 Lakh | Open | |
| 27 Sep 2024 | 100999044 | Others | ₹2.85 Cr | Open | |
| 27 Mar 2024 | 100906039 | Sbicap Trustee Company Limited | ₹162.7 Cr | Open | |
| 21 Mar 2024 | 100892773 | Others | ₹5 Cr | Open |
To see the full charge records of Gill Medicare Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Gill Medicare Private Limited has 14 deals on record (9 secondary share transfers, 4 rights issues, 1 funding round), with disclosed funding of ₹73 Lakh; the latest was in February 2023.
Total deals
14
Secondary share transfers
9
Rights issues
4
Funding round
1
Disclosed funding
₹73 Lakh
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2022 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Oct 2022 | Rights issue | ₹24.89 Cr | Investors: 4 individuals |
| Mar 2022 | Rights issue | ₹22.73 Cr | Investors: Aerobiotix Global Private Limited , 3 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Aerobiotix Global Private Limited Seller: an individual |
To see the full deal history of Gill Medicare 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 Gill Medicare Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Gill Medicare Private Limited was last rated by Brickwork on 12 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 12 Apr 2022 |
To see the full credit ratings and regulatory alerts of Gill Medicare Private Limited, buy the company report.
MSME payment delays
Gill Medicare Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Innvolution Healthcare Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Gill Medicare Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Gill Medicare Private Limited has a workforce of 135 employees on its EPFO records as of May 2026.
Employee count
135
Employee growth
-27%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 135 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Gill Medicare Private Limited, buy the company report.
GST
Gill Medicare has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCG8988Q1ZQ | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gill Medicare Private Limited, buy the company report.
Recent activity
Gill Medicare Private Limited has 4 board changes on record since 2007: 3 appointments and 1 cessation. The latest: Swaranjeet Kaur was appointed as Additional Director on 09 Sep 2025.
Appointed
Swaranjeet Kaur was appointed as Additional Director.
Ceased
Dan Singh Gill ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.29 Cr with Charge ID 101099200 was registered on 31 Jan 2025.
Charges
A charge with Others amounted to Rs. 0.88 Cr with Charge ID 101014745 was registered on 10 Dec 2024.
AGM
Gill Medicare Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 2.85 Cr with Charge ID 100999044 was registered on 27 Sep 2024.
Charges
A charge registered on 13 Apr 2021 via Charge ID 100440857 with Others was fully satisfied on 30 May 2024.
Filing
Gill Medicare Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 162.70 Cr with Charge ID 100906039 was registered on 27 Mar 2024.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100892773 was registered on 21 Mar 2024.
Charges
A charge with State Bank Of India amounted to Rs. 9.00 Cr with Charge ID 100893255 was registered on 20 Feb 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 70.00 Cr with Charge ID 100835964 was registered on 06 Dec 2023.
11 earlier events are in the company report.
Frequently asked questions
Gill Medicare is an active private limited company based in Bathinda, Punjab, India. The company works in hospitals, within the healthcare industry. It was incorporated on 31 July 2007 (19+ years old) and is registered under CIN U85110PB2007PTC031290.
Gill Medicare has 2 current directors:
- Gursewak Singh Gill - Managing Director
- Swaranjeet Kaur - Additional Director
The latest financial statements of Gill Medicare on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Gill Medicare is 03AACCG8988Q1ZQ, registered in Punjab.
The CIN (Corporate Identification Number) of Gill Medicare is U85110PB2007PTC031290. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gill Medicare was incorporated on 31 July 2007, making it 19+ years old. It is registered with the Registrar of Companies, Chandigarh.
Gill Medicare has 14 deals on record (9 secondary share transfers, 4 rights issues, 1 funding round), with disclosed funding of ₹73 Lakh; the latest was in February 2023.
The peers of Gill Medicare by revenue are Sreechand Speciality Hospitals Private Limited, Surakshitha Healthcare Private Limited, Asansol Healthworld Private Limited, all in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (human health activities).
Swaranjeet Kaur was appointed as Additional Director on 09 Sep 2025. Dan Singh Gill ceased to be Director on 23 Aug 2025. Dan Singh Gill was appointed as Director on 31 Jul 2007. Gill Medicare has 4 board changes on record in total.
Yes, Gill Medicare is registered as a small enterprise under Udyam registration (number: UDYAM-PB-03-0000189).
Gill Medicare has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 30 May 2019.
The registered office of Gill Medicare is at Pragma Medical Institute, Dabwali Road, Bathinda, Punjab, India – 151001.
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