Igmed Services Private Limited
About Igmed Services Private Limited
Data last updated:
Igmed Services Private Limited is a private limited company based in Thane, Maharashtra, India, recognised as a startup by DPIIT. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 19 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24304MH2018PTC305238. Its GSTIN is 27AAECI7708J1ZA (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹25,000. It is led by directors Pradeep Kumar Achhelal Chourasiya and Aruna Dasharath Managutkar.
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 Office No – 5 Plot No – 20 Sect – 15 Airoli, Thane, Maharashtra, India – 400708.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.06 Lakh, a growth of 43% compared to the previous year. For the same year it recorded a net loss of ₹28,107 (net margin -1.5%) and EBITDA of -₹26,138 (EBITDA margin -1.4%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 35% over five years.
Court records list 4 cases involving the company, including 2 filed against it; 1 case is pending.
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- Registered AddressOffice No – 5 Plot No – 20 Sect – 15 Airoli, Thane, Maharashtra, India – 400708
- IndustryPharma, Pharmaceutical Retailers & Distributors
- 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
- One PDF report, delivered after checkout
Business Activity of Igmed Services Private Limited
The main business activity of Igmed Services is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Igmed Services Private Limited FY 2025 filings available
Igmed Services Private Limited reported revenue of ₹19.06 Lakh (up 43% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Igmed Services Private Limited
Revenue rose 43% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 35%. EBITDA fell 37% 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 of Igmed Services Private Limited
| 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 | -₹26,138 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹28,107 | •••• | •••• | •••• | •••• |
| 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 of Igmed Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Igmed Services are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Igmed Services Private Limited
Igmed Services Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Wholesale Trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| One Knock Solutions Private Limited | ₹19.07 Lakh (FY 2024) | •••• | •••• | -85.0% | •••• | Mumbai, Maharashtra, India |
| Walty Pharmaceutical Private Limited | ₹19.07 Lakh (FY 2021) | •••• | •••• | -30.0% | •••• | Shimla, Himachal Pradesh, India |
| Dablap Pharmaceuticals Private Limited | ₹19.07 Lakh (FY 2025) | •••• | •••• | 38.0% | •••• | Delhi, India |
| Feedsco Global Private Limited | ₹19.06 Lakh (FY 2024) | •••• | •••• | •••• | Bhopal, Madhya Pradesh, India | |
| Yash Tyres and Car Services Private Limited | ₹19.06 Lakh (FY 2024) | •••• | •••• | 1.0% | •••• | Nashik, Maharashtra, India |
| Igmed Services Private Limited this company | ₹19.06 Lakh (FY 2025) | •••• | •••• | 43.0% | •••• | Thane, Maharashtra, India |
| Dhawan Designs Private Limited | ₹19.06 Lakh (FY 2021) | •••• | •••• | -85.0% | •••• | Delhi, India |
| Mrigya Trade and Finance Private Limited | ₹19.06 Lakh (FY 2025) | •••• | •••• | -10.0% | •••• | Lucknow, Uttar Pradesh, India |
| 3G UK Private Limited | ₹19.06 Lakh (FY 2024) | •••• | •••• | -56.0% | •••• | Delhi, India |
| Eligens Pharmaceuticals Private Limited | ₹19.06 Lakh (FY 2025) | •••• | •••• | 29.0% | •••• | Lucknow, Uttar Pradesh, India |
| Nawaz Agro-Tech Private Limited | ₹19.05 Lakh (FY 2025) | •••• | •••• | 4.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Igmed Services by revenue in the same principal business activity (Wholesale Trading), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Igmed Services Private Limited
Igmed Services Private Limited is audited by RAJESH SHINDE & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJESH SHINDE & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Igmed Services Private Limited
Igmed Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeep Kumar Achhelal Chourasiya | Director | 19 Feb 2018 | 8 Years 7 Months | Current |
| Aruna Dasharath Managutkar | Director | 19 Feb 2018 | 8 Years 7 Months | Current |
Ownership and Shareholding of Igmed Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Igmed Services Private Limited
Igmed Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Igmed Services Private Limited
Igmed Services Private Limited has 4 court cases on record: 2 filed against it, 2 where it is another party. 1 case is pending and 3 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Cheque dishonour complaint | Filed against the company by Hero Fincorp Limited | Disposed |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Company is another party | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Company is another party | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Igmed Services Private Limited
Employment history and EPFO contributions of people linked to Igmed Services.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Igmed Services Private Limited
Igmed Services Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Aruna Dasharath Managutkar was appointed as Director on 19 Feb 2018.
Credit Ratings, Litigation & Regulatory Alerts for Igmed Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Igmed Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Igmed Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Igmed Services Private Limited
Igmed Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECI7708J1ZA | Maharashtra | Active | 24 May 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Igmed Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Igmed Services Private Limited
Igmed Services is an active private limited company based in Thane, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 19 February 2018 (8+ years old) and is registered under CIN U24304MH2018PTC305238.
Igmed Services reported revenue of ₹19.06 Lakh for FY 2025 (up 43% YoY).
Igmed Services has 2 current directors:
- Pradeep Kumar Achhelal Chourasiya - Director
- Aruna Dasharath Managutkar - Director
Igmed Services reported a net loss of ₹28,107 (net margin -1.5%) and EBITDA of -₹26,138 (EBITDA margin -1.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Igmed Services is -23% over three years and -35% over five years. In the latest year (FY 2025) revenue rose 43%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Igmed Services is 27AAECI7708J1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Igmed Services is U24304MH2018PTC305238. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Igmed Services has 4 court cases on record: 2 filed against it. 1 is pending.
Igmed Services was incorporated on 19 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Igmed Services by revenue are One Knock Solutions Private Limited, Walty Pharmaceutical Private Limited, Dablap Pharmaceuticals Private Limited, Feedsco Global Private Limited, Yash Tyres and Car Services Private Limited and 5 more, all in the same principal business activity (Wholesale Trading).
Aruna Dasharath Managutkar was appointed as Director on 19 Feb 2018. Pradeep Kumar Achhelal Chourasiya was appointed as Director on 19 Feb 2018.