About Mahaveer Medi-Sales Private Limited
Data last updated: 11 January 2026
Mahaveer Medi-Sales Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Ascent Wellness And Pharma Solutions Private Limited. It specialises in pharmaceutical retail and distribution, a part of the broader pharmaceuticals sector. Incorporated on 11 March 2016, the company has been in operation for over 10 years.
Registered with ROC Mumbai under CIN U51103MH2016PTC442989.
Capital: an authorised share capital of ₹1 Cr and a paid-up capital of ₹40 Lakh. It is led by directors including Nirmala Jain and Anand Subramanian Iyer.
Last AGM: 08 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,044.79 Cr, a growth of 27% compared to the previous year.
The company has a workforce of approximately 613 employees as per the latest available data. It operates as a subsidiary of Ascent Wellness And Pharma Solutions Private Limited.
The company is associated with 1 brand - Mahaveer Medi Sales. As per MCA filings, the company has open charges of ₹10 Lakh and satisfied charges of ₹83.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahaveermedi.com.
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Registered AddressB – 3 And B 7 1St Flr Krishna Mill Compound, Sonapur Lane Lbs Marg, Mumbai, Maharashtra, India – 400078
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IndustryPharma, Pharmaceutical Retailers & Distributors
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Mahaveer Medi-Sales Private Limited
Mahaveer Medi-Sales Private Limited has one previous CIN (Corporate Identification Number): U51103KA2016PTC086880. The current CIN is U51103MH2016PTC442989, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51103MH2016PTC442989 | Current |
| U51103KA2016PTC086880 | Previous |
Associated Brands with Mahaveer Medi-Sales Private Limited
Mahaveer Medi-Sales Private Limited operates one associated brand: Mahaveer Medi Sales. These brands represent Mahaveer Medi-Sales Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Serves as a distributor of a wide range of pharmaceutical drugs. | mahaveermedi.com |
Competitors & Alternatives of Mahaveer Medi-Sales Private Limited
Brands and companies operating in the same space as Mahaveer Medi-Sales Private Limited include Entero Healthcare, AmerisourceBergen, Keimed and 2 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Entero Healthcare
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India's leading healthcare products distribution platform | Mumbai, India, India | 2018 |
AmerisourceBergen
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Pharmaceutical distribution and supply chain services are provided globally. | Chesterbrook, United States, United States | 1985 |
Keimed
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Temperature-sensitive medicines are distributed via cold chain logistics by Keimed. | Hyderabad, India, India | 2000 |
Sandor Medicaids
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Provider of medical equipment, devices, and drugs distribution services | Hyderabad, India, India | 1995 |
Dipna Pharmachem
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Distributor of pharmaceutical raw materials | Ahmedabad, India, India | 2011 |
Business Activity of Mahaveer Medi-Sales Private Limited
Mahaveer Medi-Sales Private Limited is engaged in the principal business activity of trade, with detailed activities including 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 for Mahaveer Medi-Sales Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Mahaveer Medi-Sales Private Limited
Mahaveer Medi-Sales Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Price Waterhouse Chartered Accountants LLP | Locked | Locked | Locked |
Complete auditor history for Mahaveer Medi-Sales Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
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Board of Directors of Mahaveer Medi-Sales Private Limited
Mahaveer Medi-Sales Private Limited is currently managed by 8 directors, with 12 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Nirmala Jain
Also directs:
Sanvisaral Private Limited, Adinathdev Ventures Llp
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Whole-Time Director | 11 Mar 2016 | 10 Years 4 Months | Current |
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Anand Subramanian Iyer
Also directs:
Akp Healthcare Private Limited, Aryan Wellness Private Limited, Humaatrix Business Solutions Llp and 3 more
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Director | 25 Nov 2021 | 4 Years 7 Months | Current |
| Ashish Arora | Director | 12 Jun 2024 | 2 Years 1 Months | Current |
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Uday Patel Kadam
Also directs:
Shreeji Distributors Pharma Private Limited, Akna Medical Private Limited, Threpsi Solutions Private Limited and 5 more
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Director | 17 Apr 2025 | 1 Years 3 Months | Current |
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Kalpana Srinivasan
Also directs:
Akp Healthcare Private Limited, Aryan Wellness Private Limited, Shreeji Distributors Pharma Private Limited and 5 more
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Director | 05 Apr 2024 | 2 Years 3 Months | Current |
| Rajaganesan Rajbalaji | Director | 17 Apr 2025 | 1 Years 3 Months | Current |
Financials of Mahaveer Medi-Sales Private Limited FY 2025 filings available
Mahaveer Medi-Sales Private Limited reported revenue of ₹1,044.79 Cr (up 27.00% YoY) for FY 2025.
Ten-year financial statements for Mahaveer Medi-Sales Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
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Ownership and Shareholding of Mahaveer Medi-Sales Private Limited
Shareholding and ownership data for Mahaveer Medi-Sales Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
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- FII and DII holdings
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Charges & Borrowings of Mahaveer Medi-Sales Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 May 2025 | Others | ₹10 Lakh | Open |
| 23 Sep 2020 | Hdfc Bank Limited | ₹13.5 Cr | Satisfied |
| 06 Mar 2017 | Others | ₹70 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Mahaveer Medi-Sales Private Limited
Mahaveer Medi-Sales Private Limited has a workforce of 613 employees as of Mar 30, 2024.
Employee and EPFO history for Mahaveer Medi-Sales Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Mahaveer Medi-Sales Private Limited
GST registrations and filing compliance for Mahaveer Medi-Sales Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Mahaveer Medi-Sales Private Limited
Credit ratings, litigation, and regulatory alerts for Mahaveer Medi-Sales Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Mahaveer Medi-Sales Private Limited
MSME payment history for Mahaveer Medi-Sales Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Mahaveer Medi-Sales Private Limited
Corporate group structure for Mahaveer Medi-Sales Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
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MCA Filings & Documents of Mahaveer Medi-Sales Private Limited
MCA filings and documents for Mahaveer Medi-Sales Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Mahaveer Medi-Sales Private Limited
Frequently Asked Questions about Mahaveer Medi-Sales Private Limited
Mahaveer Medi-Sales Private Limited is an active private limited company in the pharma sector based in Mumbai, Maharashtra, India. It was incorporated on 11 March 2016 (10+ years old) and is registered under CIN U51103MH2016PTC442989. The company has 613 employees.
Mahaveer Medi-Sales Private Limited reported revenue of ₹1,044.79 Cr for FY 2025 (up 27.00% YoY).
The current directors of Mahaveer Medi-Sales Private Limited are:
- Nirmala Jain - Whole-Time Director
- Anand Subramanian Iyer - Director
- Ashish Arora - Director
- Uday Patel Kadam - Director
- Kalpana Srinivasan - Director
- Rajaganesan Rajbalaji - Director
- Vinod Jain - Managing Director
- Bherumal Jain - Whole-Time Director
The primary industry of Mahaveer Medi-Sales Private Limited is pharma. The company specifically operates in pharmaceutical retailers and distributors. The company is currently active in this sector.
Mahaveer Medi-Sales Private Limited can be reached at the registered office: B – 3 And B 7 1St Flr Krishna Mill Compound, Sonapur Lane Lbs Marg, Mumbai, Maharashtra, India – 400078, or through the website mahaveermedi.com.
The authorised capital is ₹1 Cr, and the paid-up capital is ₹40 Lakh.