MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-08-0028467
Growmax Medicare Private Limited - pharma in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹29.58 Cr
▲ 7% YoY
Net profit · FY 2025
₹21.49 Lakh
Net margin 0.7%
EBITDA · FY 2025
₹1.01 Cr
EBITDA margin 3.4%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Satisfied charges
₹1 Cr
No open charges
Company age
18 yrs
Est. 2008
Employees · EPFO
10
Provident fund records
About Growmax Medicare Private Limited
Data last updated:
Growmax Medicare Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 24 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74120DL2008PTC175766. Its GSTIN is 07AADCG3439K1ZH (Delhi). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹20 Lakh. It was formerly known as Sunrise Infratech Private Limited. It is led by directors including Ankur Thirani and Sudarshan Kumar Thirani.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 159 2nd Floor Dda Shed Okhala Industrial Area Phase, 1, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.58 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹21.49 Lakh (net margin 0.7%) and EBITDA of ₹1.01 Cr (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 10% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Growmax Medicare. As per MCA filings, the company has satisfied charges of ₹1 Cr on record. Court records list 26 cases involving the company, including 13 filed by the company and 13 filed against it; 12 cases are pending.
Growmax Medicare Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0028467). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website growmaxmedicare.com.
Company details
CIN U74120DL2008PTC175766
Registration Number 175766
Incorporation Date 24 March 2008
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-08-0028467
Recognitions & Rankings of Growmax Medicare
Contact details
Growmax Medicare Private Limited's registered office is in New Delhi, Delhi. Its website is growmaxmedicare.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 159 2nd Floor Dda Shed Okhala Industrial Area Phase, 1, New Delhi, Delhi, India – 110020
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Growmax Medicare Private Limited, buy the company report.
Comprehensive company report
Growmax 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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Secure checkout · GST invoice included
Brands
Growmax Medicare operates one associated brand: Growmax Medicare. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A pharmaceutical company offering formulations across various therapeutic categories. | growmaxmedicare.com |
Business activity
The main business activity of Growmax Medicare 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 Growmax Medicare Private Limited, buy the company report.
Financials of Growmax Medicare Private Limited
FY 2025 filings availableGrowmax Medicare Private Limited reported revenue of ₹29.58 Cr (up 7% YoY) for FY 2025.
Revenue · FY 2025
₹29.58 Cr ▲ 7%
Net profit · FY 2025
₹21.49 Lakh margin 0.7%
EBITDA · FY 2025
₹1.01 Cr margin 3.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 8%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 13%
5 years · compounded
▲ 10%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 7% growth in the latest year. EBITDA rose 11% 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 | ₹1.01 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.49 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.4% | ||||
| Net Profit Margin | 0.7% | ||||
| 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 Growmax Medicare Private Limited, buy the company report.
Board of directors of Growmax Medicare Private Limited
Growmax Medicare has 7 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankur Thirani Also directs: Bruventis Healthcare Private Limited | Director | 24 Dec 2008 | 17 Years 10 Months | Current |
| Sudarshan Kumar Thirani | Director | 05 Nov 2008 | 18 Years 0 Months | Current |
| Rajendra Kumar Thirani | Director | 17 May 2011 | 15 Years 5 Months | Current |
| Suresh Kumar Thirani | Director | 17 May 2011 | 15 Years 5 Months | Current |
| Vicky Thirani | Director | 16 May 2009 | 17 Years 5 Months | Current |
| Laxmi Narayan Thirani | Director | 01 Jun 2017 | 9 Years 5 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Growmax Medicare Private Limited is compared with the 7 companies closest to it by revenue in the Pharma industry (Pharma 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 |
|---|---|---|---|---|---|---|
| Nemus Pharmaceuticals Private Limited | ₹29.76 Cr (FY 2025) | 21.0% | Kahalapur, Maharashtra, India | |||
| Vrnda Pharma Private Limited | ₹29.73 Cr (FY 2025) | 164.0% | Mumbai, Maharashtra, India | |||
| Cedric Pharmaceuticals Private Limited | ₹29.69 Cr (FY 2025) | 15.0% | Delhi, India | |||
| Infugen Pharma Private Limited | ₹29.66 Cr (FY 2025) | -21.0% | Sangli, Maharashtra, India | |||
| Growmax Medicare Private Limitedthis company | ₹29.58 Cr (FY 2025) | ₹21.49 Lakh | 0.7% | 7.0% | 10 | New Delhi, Delhi, India |
| Maple Cross Remedies Private Limited | ₹29.57 Cr (FY 2024) | -5.0% | Mumbai, Maharashtra, India | |||
| Madhya Pradesh Public Health Services Corporation Limited | ₹29.27 Cr (FY 2023) | -5.0% | Bhopal, Madhya Pradesh, India | |||
| Dellarex Biotec Private Limited | ₹29.19 Cr (FY 2025) | 34.0% | Thane, Maharashtra, India |
To see the full peer comparison of Growmax Medicare Private Limited, buy the company report.
Auditor
Growmax Medicare Private Limited is audited by NITESH AGGARWAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NITESH AGGARWAL & CO. | FY 2023 | 029291N |
Shareholding
The shareholding of Growmax 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 Growmax Medicare Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Feb 2016 | 10623587 | Hdfc Bank Limited | ₹1 Cr | Satisfied |
To see the full charge records of Growmax Medicare Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Growmax Medicare Private Limited has 26 court cases on record: 13 filed by Growmax Medicare, 13 filed against it. 12 cases are pending and 14 are disposed.
Total cases
26
Filed by the company
13
Filed against the company
13
Pending
12
Disposed
14
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 18 | 12 | 6 |
| District courts | 8 | 1 | 6 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Original application | Filed against the company by M/S. Apex Laboratories Pvt Ltd | Pending |
| District court, South East, Delhi | Court case (TM) | Filed against the company by M/S. Dev Pharmacy Pvt.Ltd. | Pending |
| Madras High Court | Court case (OSA) | Filed against the company by M/S. Apex Laboratories Pvt Ltd | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed against the company by M/S. Apex Laboratories Pvt Ltd | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by M/S. Apex Laboratories Pvt Ltd | Disposed |
To see the full case history of Growmax Medicare 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
Growmax Medicare Private Limited has 15 MSME Form 1 returns on record between 2018 and 2024, listing 1,668 overdue payments to 90 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 (5 of 90)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Park Pharmaceuticals | |||
| Curetech Skincare | |||
| Logos Pharma | |||
| Orison Pharma International(G)Kala Amb | |||
| Unispeed Pharmaceuticals Private Limited |
To see the full MSME payment records of Growmax Medicare Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Growmax Medicare Private Limited has a workforce of 10 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
GST
Growmax Medicare has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCG3439K1ZH | Delhi | Active | 01 Jul 2017 |
| 20AADCG3439K1ZT | Jharkhand | Active | 07 Jul 2023 |
| 09AADCG3439K1ZD | Uttar Pradesh | Active | 25 Oct 2023 |
| 08AADCG3439K1ZF | Rajasthan | Active | 23 Aug 2024 |
To see the full GST registrations and return filing status of Growmax Medicare Private Limited, buy the company report.
Recent activity
Growmax Medicare Private Limited has 16 board changes on record since 2008: 7 appointments and 9 cessations. The latest: Laxmi Narayan Thirani ceased to be Additional Director on 30 Sep 2017.
AGM
Growmax Medicare Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Growmax Medicare Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge registered on 19 Feb 2016 via Charge ID 10623587 with Hdfc Bank Limited was fully satisfied on 21 Mar 2019.
Ceased
Laxmi Narayan Thirani ceased to be Additional Director.
Ceased
Vinod Kumar Thirani ceased to be Additional Director.
Appointed
Laxmi Narayan Thirani was appointed as Director.
Appointed
Vinod Kumar Thirani was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 100.00 Lakh with Charge ID 10623587 was registered on 19 Feb 2016.
Ceased
Vishal Thirani ceased to be Additional Director.
Ceased
Suresh Kumar Thirani ceased to be Additional Director.
Ceased
Jyoti Goel ceased to be Director.
Ceased
Karishma Goyal ceased to be Director.
9 earlier events are in the company report.
Frequently asked questions
Growmax Medicare is an active private limited company based in New Delhi, Delhi, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 24 March 2008 (18+ years old) and is registered under CIN U74120DL2008PTC175766.
Growmax Medicare has 7 current directors:
- Ankur Thirani - Director
- Sudarshan Kumar Thirani - Director
- Rajendra Kumar Thirani - Director
- Suresh Kumar Thirani - Director
- Vicky Thirani - Director
- Laxmi Narayan Thirani - Director
- Vinod Kumar Thirani - Director
The latest financial statements of Growmax Medicare on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Growmax Medicare is 07AADCG3439K1ZH, registered in Delhi. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 20AADCG3439K1ZT (Jharkhand), 09AADCG3439K1ZD (Uttar Pradesh), 08AADCG3439K1ZF (Rajasthan).
The CIN (Corporate Identification Number) of Growmax Medicare is U74120DL2008PTC175766. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Growmax Medicare has 26 court cases on record: 13 filed by the company and 13 filed against it. 12 are pending. Most are in the high courts.
Growmax Medicare was incorporated on 24 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Growmax Medicare by revenue are Nemus Pharmaceuticals Private Limited, Vrnda Pharma Private Limited, Cedric Pharmaceuticals Private Limited, Infugen Pharma Private Limited, Maple Cross Remedies Private Limited and 2 more, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Laxmi Narayan Thirani ceased to be Additional Director on 30 Sep 2017. Vinod Kumar Thirani ceased to be Additional Director on 30 Sep 2017. Laxmi Narayan Thirani was appointed as Director on 01 Jun 2017. Growmax Medicare has 16 board changes on record in total.
Yes, Growmax Medicare is registered as a small enterprise under Udyam registration (number: UDYAM-DL-08-0028467).
Growmax Medicare has 15 MSME Form 1 returns on record between 2018 and 2024, listing 1,668 overdue payments to 90 micro and small suppliers. The latest return was filed on 13 Apr 2024.
Growmax Medicare can be reached through the website growmaxmedicare.com. Its registered office is in New Delhi, Delhi, India.
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