
About Karveer Meditech Private Limited
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Karveer Meditech Private Limited is a private limited company based in Kolhapur, Maharashtra, India, recognised as a startup by DPIIT. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 22 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U24299PN2020PTC189325. Its GSTIN is 27AAHCK9832A1ZJ (Maharashtra).
The company has an authorised share capital of ₹13 Cr and a paid-up capital of ₹11.72 Cr. It is led by directors Vivek Prakash Kadam and Nehali Sharadchandra Diwan.
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 Plot No 34 Vijay Nagar Near Shahu Toll Naka Karveer, Kolhapur, Maharashtra, India – 416000.
As per the financials filed for FY 2025, the company reported a revenue of ₹69.86 Lakh, a decline of 62% compared to the previous year. For the same year it recorded a net profit of ₹8.32 Lakh (net margin 11.9%) and EBITDA of ₹15.57 Lakh (EBITDA margin 22.3%). Revenue has grown at a compounded annual rate (CAGR) of 139% over three years.
As per MCA filings, the company has open charges of ₹20.5 Lakh on record. The company has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹18.4 Lakh; the latest was in June 2021. Its 10 peer companies in the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 5 larger and 5 smaller; the largest is Hemas Consumer Brands India Private Limited with revenue of ₹69.98 Lakh.
Karveer Meditech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-15-0043836). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karveermeditech.com.
Company details
Recognitions & Rankings of Karveer Meditech
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-15-0043836
Contact details
Karveer Meditech Private Limited's registered office is in Kolhapur, Maharashtra.
- Registered AddressPlot No 34 Vijay Nagar Near Shahu Toll Naka Karveer, Kolhapur, Maharashtra, India – 416000
- IndustryPharma, Drug Formulation & Development
- 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 activities of Karveer Meditech are manufacturing and trade. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Karveer Meditech Private Limited, buy the company report.
Financials of Karveer Meditech Private Limited
FY 2025 filings availableKarveer Meditech Private Limited reported revenue of ₹69.86 Lakh (down 62% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 62% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 139%. EBITDA fell 60% 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 |
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| EBITDA | ₹15.57 Lakh | ||||
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| Net Profit (PAT) | ₹8.32 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 22.3% | ||||
| Net Profit Margin | 11.9% | ||||
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To see the full financial statements and ratios of Karveer Meditech Private Limited, buy the company report.
Board of directors of Karveer Meditech Private Limited
Karveer Meditech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Prakash Kadam Also directs: Karveer Pharma Private Limited, Healthcraft Global Private Limited | Director | 22 Jan 2020 | 6 Years 9 Months | Current |
| Nehali Sharadchandra Diwan | Director | 22 Jan 2020 | 6 Years 9 Months | Current |
Peer comparison
Karveer Meditech Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hemas Consumer Brands India Private Limited | ₹69.98 Lakh (FY 2025) | -74.0% | Kolkata, West Bengal, India | |||
| Parastin Pharma Private Limited | ₹69.97 Lakh (FY 2025) | -3.0% | Aurangabad, Maharashtra, India | |||
| Perseverance Industries India Private Limited | ₹69.96 Lakh (FY 2024) | Pune, Maharashtra, India | ||||
| Arora Soap and Detergents Private Limited | ₹69.91 Lakh (FY 2025) | 4.0% | Delhi, India | |||
| Medispice Herbals Private Limited | ₹69.91 Lakh (FY 2025) | -34.0% | New Delhi, Delhi, India | |||
| Karveer Meditech Private Limitedthis company | ₹69.86 Lakh (FY 2025) | ₹8.32 Lakh | 11.9% | -62.0% | Kolhapur, Maharashtra, India | |
| Kalindi Chemicals Private Limited | ₹69.82 Lakh (FY 2024) | -46.0% | Kolkata, West Bengal, India | |||
| Shree Organo Chemicals (Ahd) Private Limited | ₹69.82 Lakh (FY 2024) | -66.0% | Ahmedabad, Gujarat, India | |||
| Durga Coatings Private Limited | ₹69.82 Lakh (FY 2021) | -53.0% | Mumbai, Maharashtra, India | |||
| Reevan Chemicals Private Limited | ₹69.75 Lakh (FY 2025) | -38.0% | Udaipur, Rajasthan, India | |||
| Space Age Minchem Private Limited | ₹69.71 Lakh (FY 2025) | -24.0% | Udaipur, Rajasthan, India |
To see the full peer comparison of Karveer Meditech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 May 2025 | 101110043 | Hdb Financial Services Limited | ₹20.5 Lakh | Open |
Total charge records: 1 View all charges
Deals & funding
Karveer Meditech Private Limited has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹18.4 Lakh; the latest was in June 2021.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2021 | Rights issue | ₹4.14 Cr | Investors: Allexcel Inc. |
| Sep 2020 | Rights issue | ₹5.74 Cr | Investors: Allexcel Inc. |
| Jul 2020 | Funding round | ₹18.4 Lakh | Investors: Allexcel Inc. |
| Jun 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
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 Karveer Meditech 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 Karveer Meditech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Karveer Meditech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCK9832A1ZJ | Maharashtra | Active | 21 Jul 2020 |
To see the full GST registrations and return filing status of Karveer Meditech Private Limited, buy the company report.
Recent activity
Karveer Meditech Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Nehali Sharadchandra Diwan was appointed as Director on 22 Jan 2020.
Frequently asked questions
Karveer Meditech is an active private limited company based in Kolhapur, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 22 January 2020 (6+ years old) and is registered under CIN U24299PN2020PTC189325.
Karveer Meditech has 2 current directors:
- Vivek Prakash Kadam - Director
- Nehali Sharadchandra Diwan - Director
The latest financial statements of Karveer Meditech 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 FY 2020 are in the company report.
The GSTIN of Karveer Meditech is 27AAHCK9832A1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Karveer Meditech is U24299PN2020PTC189325. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karveer Meditech was incorporated on 22 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
Karveer Meditech has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹18.4 Lakh; the latest was in June 2021.
The peers of Karveer Meditech by revenue are Hemas Consumer Brands India Private Limited, Parastin Pharma Private Limited, Perseverance Industries India Private Limited, Arora Soap and Detergents Private Limited, Medispice Herbals Private Limited and 5 more, all in the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Nehali Sharadchandra Diwan was appointed as Director on 22 Jan 2020. Vivek Prakash Kadam was appointed as Director on 22 Jan 2020.
Yes, Karveer Meditech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Karveer Meditech is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-15-0043836).

