Startup India Government of India
L2mtech India Private Limited - healthcare in Ratlam, Madhya Pradesh, India. Directors, charges & compliance details.
Revenue · FY 2024
₹88.92 Lakh
▼ 55% YoY
Net loss · FY 2024
₹26.23 Lakh
Net margin -29.5%
EBITDA · FY 2024
-₹5.21 Lakh
EBITDA margin -5.9%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹75 Lakh
Satisfied ₹16.5 Lakh
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
About L2mtech India Private Limited
Data last updated:
L2mtech India Private Limited is a private limited company based in Ratlam, Madhya Pradesh, India, recognised as a startup by DPIIT. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 19 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U33119MP2019PTC049885. Its GSTIN is 23AAECL0581A1Z5 (Madhya Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Raj Kumar Mamtani and Lalit Mamtani.
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 609 Katju Nagar Near Jain Kanya School, Ratlam, Madhya Pradesh, India – 457001.
As per the financials filed for FY 2024, the company reported a revenue of ₹88.92 Lakh, a decline of 55% compared to the previous year. For the same year it recorded a net loss of ₹26.23 Lakh (net margin -29.5%) and EBITDA of -₹5.21 Lakh (EBITDA margin -5.9%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years.
The company is associated with 1 brand: L2MTech. As per MCA filings, the company has open charges of ₹75 Lakh and satisfied charges of ₹16.5 Lakh on record.
L2mtech India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-37-0000925). For more details, the company can be reached via its website l2mtech.de.
Company Details of L2mtech India Private Limited
CIN U33119MP2019PTC049885
Registration Number 049885
Incorporation Date 19 October 2019
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MP-37-0000925
Recognitions & Rankings of L2mtech India
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-MP-37-0000925
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address609 Katju Nagar Near Jain Kanya School, Ratlam, Madhya Pradesh, India – 457001
- IndustryHealthcare, Medical Equipment Retail & Distribution
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Associated Brands with L2mtech India Private Limited
L2mtech India operates one associated brand: L2MTech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and distributes cardiovascular stents and catheters globally. | l2mtech.de |
Business Activity of L2mtech India Private Limited
The main business activity of L2mtech India is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of L2mtech India Private Limited FY 2025 filings available
L2mtech India Private Limited reported revenue of ₹88.92 Lakh (down 55% YoY) for FY 2024.
Revenue · FY 2024
₹88.92 Lakh ▼ 55%
Net loss · FY 2024
₹26.23 Lakh margin -29.5%
EBITDA · FY 2024
-₹5.21 Lakh margin -5.9%
Compounded Annual Growth Rate (CAGR) of L2mtech India Private Limited
Revenue CAGR growth
1 year
▼ 55%
3 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 192%
3 years · compounded
▼ 33%
Revenue fell 55% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 192% 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 L2mtech India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹5.21 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹26.23 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 of L2mtech India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -29.5% | •••• | •••• | •••• | •••• |
| 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 L2mtech India are in the company report.
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Financial statements from FY 2020
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.
Board of Directors of L2mtech India Private Limited
L2mtech India has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raj Kumar Mamtani Also directs: Global Stevia Industries LLP | Director | 19 Oct 2019 | 7 Years 0 Months | Current |
| Lalit Mamtani | Director | 29 Mar 2023 | 3 Years 6 Months | Current |
| Mahek Mamtani Also directs: Global Stevia Industries LLP | Director | 29 Mar 2023 | 3 Years 6 Months | Current |
Peer Comparison of L2mtech India Private Limited
L2mtech India Private Limited is compared with the companies closest to it by revenue in the Healthcare industry (Healthcare Equipment Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dahlia Cancer Care and Research Private Limited | ₹89.66 Lakh (FY 2025) | •••• | •••• | 67.0% | •••• | Patna, Bihar, India |
| Nox Analgesia Solution Private Limited | ₹89.64 Lakh (FY 2024) | •••• | •••• | 4382.0% | •••• | Sola, Gujarat, India |
| Osteoskill India Private Limited | ₹89.63 Lakh (FY 2025) | •••• | •••• | 33.0% | •••• | Delhi, India |
| Boxo Labcare (OPC) Private Limited | ₹89.61 Lakh (FY 2025) | •••• | •••• | 122.0% | •••• | Bangalore, Karnataka, India |
| Nandighosh Medical Supplies Private Limited | ₹89.33 Lakh (FY 2025) | •••• | •••• | -27.0% | •••• | Bhubaneswar, Odisha, India |
| L2mtech India Private Limited this company | ₹88.92 Lakh (FY 2024) | •••• | •••• | -55.0% | •••• | Ratlam, Madhya Pradesh, India |
| Gama Surgical India Private Limited | ₹88.83 Lakh (FY 2025) | •••• | •••• | 185.0% | •••• | Surat, Gujarat, India |
| Maa Pitaambara Laboratories Private Limited | ₹88.48 Lakh (FY 2025) | •••• | •••• | -88.0% | •••• | Sirmaur, Himachal Pradesh, India |
| Snucone Implant Private Limited | ₹88.35 Lakh (FY 2025) | •••• | •••• | •••• | Thiruvananthapuram, Kerala, India | |
| Anatech Laser Instruments Private Limited | ₹88.04 Lakh (FY 2021) | •••• | •••• | 38.0% | •••• | Mira Road, Maharashtra, India |
| Life Venture Pharmaceuticals Private Limited | ₹88.02 Lakh (FY 2022) | •••• | •••• | •••• | Guwahati, Assam, India |
Peers are the five companies nearest above and the five nearest below L2mtech India by revenue in the Healthcare industry (Healthcare Equipment Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of L2mtech India Private Limited
Open charges
₹75 Lakh
Satisfied charges
₹16.5 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jan 2023 | Standard Chartered Bank | ₹75 Lakh | Open |
| 03 Mar 2023 | Others | ₹16.5 Lakh | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at L2mtech India Private Limited
Employment history and EPFO contributions of people linked to L2mtech India.
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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 L2mtech India Private Limited
L2mtech India Private Limited has 7 board changes on record since 2019: 3 appointments and 4 cessations. The latest: Gaurav Tanwani ceased to be Additional Director on 15 Mar 2024.
AGM
L2Mtech India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 03 Mar 2023 via Charge ID 100695791 with Others was fully satisfied on 19 Jul 2025.
Filing
L2Mtech India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Ceased
Gaurav Tanwani ceased to be Additional Director.
Ceased
Lalit Mamtani ceased to be Additional Director.
Ceased
Mahek Mamtani ceased to be Additional Director.
Appointed
Lalit Mamtani was appointed as Director.
Appointed
Mahek Mamtani was appointed as Director.
Charges
A charge with Others amounted to Rs. 16.50 Lakh with Charge ID 100695791 was registered on 03 Mar 2023.
Charges
A charge with Standard Chartered Bank amounted to Rs. 75.00 Lakh with Charge ID 100675499 was registered on 19 Jan 2023.
Ceased
Devbrat Mukherjee ceased to be Director.
Appointed
Raj Kumar Mamtani was appointed as Director.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for L2mtech India Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
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MSME Payment Delays by L2mtech India Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of L2mtech India Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of L2mtech India Private Limited
L2mtech India has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAECL0581A1Z5 | Madhya Pradesh | Active | 29 Oct 2019 |
| 19AAECL0581A1ZU | West Bengal | Active | 05 Nov 2020 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of L2mtech India Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about L2mtech India Private Limited
L2mtech India is an active private limited company based in Ratlam, Madhya Pradesh, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 19 October 2019 (7+ years old) and is registered under CIN U33119MP2019PTC049885.
L2mtech India reported revenue of ₹88.92 Lakh for FY 2024 (down 55% YoY).
L2mtech India has 3 current directors:
- Raj Kumar Mamtani - Director
- Lalit Mamtani - Director
- Mahek Mamtani - Director
L2mtech India reported a net loss of ₹26.23 Lakh (net margin -29.5%) and EBITDA of -₹5.21 Lakh (EBITDA margin -5.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of L2mtech India is 7% over three years. In the latest year (FY 2024) revenue fell 55%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of L2mtech India is 23AAECL0581A1Z5, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 19AAECL0581A1ZU (West Bengal).
The CIN (Corporate Identification Number) of L2mtech India is U33119MP2019PTC049885. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
L2mtech India was incorporated on 19 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of L2mtech India by revenue are Dahlia Cancer Care and Research Private Limited, Nox Analgesia Solution Private Limited, Osteoskill India Private Limited, Boxo Labcare (OPC) Private Limited, Nandighosh Medical Supplies Private Limited and 5 more, all in the Healthcare industry (Healthcare Equipment Retail and Distribution).
Gaurav Tanwani ceased to be Additional Director on 15 Mar 2024. Lalit Mamtani ceased to be Additional Director on 29 Sep 2023. Mahek Mamtani ceased to be Additional Director on 29 Sep 2023. L2mtech India has 7 board changes on record in total.
Yes, L2mtech India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).