About Kalindi Medicure Private Limited
Data last updated:
Kalindi Medicure Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 20 October 2003.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2003PTC142772. Its GSTIN is 27AACCK2321H1ZW (Maharashtra). The company held 4 GST registrations, of which 3 are active.
The company had an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹50.01 Lakh. It was led by directors Dinesh Kumar Malhotra and Ajay Chandrashekhar Pandey.
Its last annual general meeting (AGM) was held on 10 October 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Mahalaxmi Templecompound Off B D Rd, Mumbai, Maharashtra, India – 400026.
As per the financials filed for FY 2020, the company reported a revenue of ₹60.44 Lakh, a decline of 77% compared to the previous year. For the same year it recorded a net loss of ₹71.52 Lakh (net margin -118.3%) and EBITDA of -₹16.59 Lakh (EBITDA margin -27.4%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years and 48% over five years.
The company had about 1 employee on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹12.25 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The last known website on record is kalindimedicure.com.
Company details
Contact details
Kalindi Medicure Private Limited's registered office is in Mumbai, Maharashtra. Its website is kalindimedicure.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMahalaxmi Templecompound Off B D Rd, Mumbai, Maharashtra, India – 400026
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Kalindi Medicure 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
Financials of Kalindi Medicure Private Limited
FY 2020 filings availableKalindi Medicure Private Limited reported revenue of ₹60.44 Lakh (down 77% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 48% over five years, including a 77% fall in the latest year. EBITDA fell 104% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Total Expenses | |||||
| EBITDA | -₹16.59 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹71.52 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -27.4% | ||||
| Net Profit Margin | -118.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Kalindi Medicure Private Limited, buy the company report.
Board of directors of Kalindi Medicure Private Limited
Kalindi Medicure has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Kumar Malhotra | Director | 01 Jan 2017 | 9 Years 10 Months | As last reported |
| Ajay Chandrashekhar Pandey | Director | 04 Sep 2008 | 18 Years 2 Months | As last reported |
Peer comparison
Kalindi Medicure Private Limited is compared with the 10 companies closest to it by revenue in the Pharma industry (Formulations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pharma-Medico (India) Private Limited | ₹60.86 Lakh (FY 2024) | -37.0% | Maharashtra, India | |||
| Ubhagen Wellness Systems Private Limited | ₹60.77 Lakh (FY 2025) | 78.0% | Delhi, India | |||
| Envana Lifesciences Private Limited | ₹60.61 Lakh (FY 2023) | -47.0% | Delhi, India | |||
| Spiffy Pharmaceuticals India Private Limited | ₹60.56 Lakh (FY 2025) | -3.0% | Pune, Maharashtra, India | |||
| Caroline Furnishers Private Limited | ₹60.48 Lakh (FY 2025) | -38.0% | Mumbai, Maharashtra, India | |||
| Kalindi Medicure Private Limitedthis company | ₹60.44 Lakh (FY 2020) | -₹71.52 Lakh | -118.3% | -77.0% | 1 | Mumbai, Maharashtra, India |
| Anavia Life Sciences Private Limited | ₹60.36 Lakh (FY 2025) | 0.0% | Vadodara, Gujarat, India | |||
| Bhasin Sales Private Limited | ₹60.34 Lakh (FY 2025) | 10148.0% | Lucknow, Uttar Pradesh, India | |||
| Cudure Healthcare Private Limited | ₹60.28 Lakh (FY 2025) | 6.0% | Vishakapatanam, Andhra Pradesh, India | |||
| Albetross Formulations Private Limited | ₹60.26 Lakh (FY 2024) | 11.0% | Jalandhar, Punjab, India | |||
| Upkar Merchantry Private Limited | ₹60.14 Lakh (FY 2025) | 89.0% | New Delhi, Delhi, India |
To see the full peer comparison of Kalindi Medicure Private Limited, buy the company report.
Auditor
Kalindi Medicure Private Limited is audited by N A SHAH ASSOCIATES LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N A SHAH ASSOCIATES LLP | FY 2019 | 116560W |
Shareholding
The shareholding of Kalindi Medicure Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Kalindi Medicure Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jul 2006 | 10016867 | Bank of India | ₹8.75 Cr | Satisfied | |
| 04 Oct 2005 | 80010064 | Bank of India | ₹3.5 Cr | Satisfied |
To see the full charge records of Kalindi Medicure Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Kalindi Medicure Private Limited has 2 court cases on record: 2 filed by Kalindi Medicure. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against Intas Pharmaceuticals Ltd. and Anr. | Disposed |
| High Court of Delhi | Court case (FAO(OS)) | Filed by the company against Intas Pharmaceuticals Ltd. & A | Disposed |
To see the full case history of Kalindi Medicure 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 Kalindi Medicure Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kalindi Medicure Private Limited has a workforce of 1 employees on its EPFO records as of Mar 30, 2024, across 2 active EPFO establishments.
GST
Kalindi Medicure has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCK2321H1ZW | Maharashtra | Active | 01 Jul 2017 |
| 27AACCK2321H2ZV | Maharashtra | Active | 29 Aug 2017 |
| 05AACCK2321H1Z2 | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kalindi Medicure Private Limited, buy the company report.
Recent activity
Kalindi Medicure Private Limited has 7 board changes on record since 2008: 2 appointments and 5 cessations. The latest: Pravin Mansukhlal Kothari ceased to be Beneficial Owner on 25 Jul 2023.
4 earlier events are in the company report.
Frequently asked questions
Kalindi Medicure has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Kalindi Medicure was a private limited company based in Mumbai, Maharashtra, India. The company worked in drug formulation and development, within the pharma industry. It was incorporated on 20 October 2003 and is registered under CIN U24100MH2003PTC142772. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Kalindi Medicure was incorporated on 20 October 2003. It is registered with the Registrar of Companies, Mumbai.
Kalindi Medicure had 2 directors:
- Dinesh Kumar Malhotra - Director
- Ajay Chandrashekhar Pandey - Director
The CIN (Corporate Identification Number) of Kalindi Medicure is U24100MH2003PTC142772. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Kalindi Medicure is at Mahalaxmi Templecompound Off B D Rd, Mumbai, Maharashtra, India – 400026.
Kalindi Medicure can be reached through the website kalindimedicure.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Kalindi Medicure on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 10 October 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Kalindi Medicure is 27AACCK2321H1ZW, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 27AACCK2321H2ZV (Maharashtra), 05AACCK2321H1Z2 (Uttarakhand).
Kalindi Medicure operated in the pharma industry, in the drug formulation and development segment.
The peers of Kalindi Medicure by revenue are Pharma-Medico (India) Private Limited, Ubhagen Wellness Systems Private Limited, Envana Lifesciences Private Limited, Spiffy Pharmaceuticals India Private Limited, Caroline Furnishers Private Limited and 5 more, all in the Pharma industry (Formulations).
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