Maglen Remedies Private Limited
About Maglen Remedies Private Limited
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Maglen Remedies Private Limited is a private limited company based in Lucknow, Uttar Pradesh, India. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 16 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U24290UP2017PTC093128. Its GSTIN is 09AALCM0661M1Z1 (Uttar Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rishabh Bajpai and Syed Fraz Ahmad Kazmi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1177 – Uphar Sector – 3 Eldeco Colony Raibareiliy Road, Lucknow, Uttar Pradesh, India – 226025.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.59 Lakh, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹68,072 (net margin -19%) and EBITDA of -₹68,072 (EBITDA margin -19%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 14% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Maglen Remedies Private Limited's registered office is in Lucknow, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1177 – Uphar Sector – 3 Eldeco Colony Raibareiliy Road, Lucknow, Uttar Pradesh, India – 226025
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of Maglen Remedies 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
Business activity
The main business activity of Maglen Remedies is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Maglen Remedies Private Limited, buy the company report.
Financials of Maglen Remedies Private Limited
FY 2024 filings availableMaglen Remedies Private Limited reported revenue of ₹3.59 Lakh (down 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 36% fall 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹68,072 | ||||
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| Net Profit (PAT) | -₹68,072 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -19% | ||||
| Net Profit Margin | -19% | ||||
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To see the full financial statements and ratios of Maglen Remedies Private Limited, buy the company report.
Board of directors of Maglen Remedies Private Limited
Maglen Remedies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rishabh Bajpai | Director | 16 May 2017 | 9 Years 5 Months | Current |
| Syed Fraz Ahmad Kazmi | Director | 16 May 2017 | 9 Years 5 Months | Current |
Auditor
Maglen Remedies Private Limited is audited by B D & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B D & CO | FY 2021 | 017769C |
Shareholding
The shareholding of Maglen Remedies Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Maglen Remedies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Maglen Remedies 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 Maglen Remedies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maglen Remedies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AALCM0661M1Z1 | Uttar Pradesh | Active | 18 Oct 2017 |
To see the full GST registrations and return filing status of Maglen Remedies Private Limited, buy the company report.
Recent activity
Maglen Remedies Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Rishabh Bajpai was appointed as Director on 16 May 2017.
Frequently asked questions
Maglen Remedies is an active private limited company based in Lucknow, Uttar Pradesh, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 16 May 2017 (9+ years old) and is registered under CIN U24290UP2017PTC093128.
Maglen Remedies has 2 current directors:
- Rishabh Bajpai - Director
- Syed Fraz Ahmad Kazmi - Director
The latest financial statements of Maglen Remedies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Maglen Remedies is 09AALCM0661M1Z1, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Maglen Remedies is U24290UP2017PTC093128. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maglen Remedies was incorporated on 16 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Rishabh Bajpai was appointed as Director on 16 May 2017. Syed Fraz Ahmad Kazmi was appointed as Director on 16 May 2017.
The registered office of Maglen Remedies is at 1177 – Uphar Sector – 3 Eldeco Colony Raibareiliy Road, Lucknow, Uttar Pradesh, India – 226025.
Maglen Remedies operates in the healthcare industry, in the medical equipment retail and distribution segment.
The compliance status of Maglen Remedies is compliant as of 20 July 2026. The company is actively filing with the Registrar of Companies.
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