Mahavir Medical Associates Pvt Ltd - Company Profile

It is a healthcare private limited company based in Ahmedabad, Gujarat, India, established in 1992.
1992 Ahmedabad, Gujarat, India Active
Last Updated:
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About Mahavir Medical Associates Pvt Ltd

Mahavir Medical Associates Pvt Ltd, a active private limited company, was established on 21 January 1992 in Ahmedabad, Gujarat, India. Engaging in hospitals within the hospital and medical care sector, it holds CIN: U24231GJ1992PTC016974. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹2.00 M and a paid-up capital of ₹1.63 M.

It upholds a compliant status. Its leadership includes Vishal Lalit Choksi (Director), Minakshi Lalitbhai Choksi (Director), Lalit Bhikhabhai Choksi (Director). Past directors included Mayank Bhikhabhai Choksi. It holds ₹2.98 M open charges and no settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at Opp Shyamal Rowhouse Schnol 3Plogt No 1 Satellite, Ahmedabad, Gujarat, 380015.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U24231GJ1992PTC016974

  • Registration Number

    016974

  • Incorporation Date

    21 January 1992

  • Authorized Capital

    ₹2.00 M

  • Paid-Up Capital

    ₹1.63 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.63 M
  • Company Age 34 Year, 1 Month
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 2.98 M
  • Revenue Growth **** 31.64%
  • Profit Growth **** 3.27%
  • Ebitda **** -62.08%
  • Net Worth -8.43%
  • Total Assets -9.38%
Company report

Mahavir Medical Associates Pvt Ltd

Company Report FY 2025-2026

Comprehensive Company Insights

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Who are the key members and board of directors at Mahavir Medical Associates Pvt Ltd?
Current Directors
Name Designation Appointment Date Status
Vishal Lalit Choksi Director 07 Sep 1994 Current
Minakshi Lalitbhai Choksi Director 25 Jan 1992 Current
Lalit Bhikhabhai Choksi Director 25 Jan 1992 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 03 Feb 2014 Past

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Financial Performance of Mahavir Medical Associates.

Mahavir Medical Associates Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 31.64% increase. The company also saw a slight improvement in profitability, with a 3.27% increase in profit. The company's net worth dipped by a decrease of 8.43%.

Mahavir Medical Associates revenue growth over time
Mahavir Medical Associates profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 31.64%
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*******
*******
*******
Revenue from Operations
*******
*******
*******
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*******
Total Assets
*******
 -9.38%
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*******
*******
*******
Profit or Loss
*******
 3.27%
*******
*******
*******
*******
Net Worth
*******
 -8.43%
*******
*******
*******
*******
EBITDA
*******
 -62.08%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Mahavir Medical Associates?

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Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹2,980,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Gujarat Industrial Investment Corporation Limited : 0.30 Cr
Latest Charge Details
Date Lender Amount Status
26 Mar 1992 Gujarat Industrial Investment Corporation Limited ₹2.98 M Open

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How Many Employees Work at Mahavir Medical Associates?

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Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

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Alerts
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Latest Updates, News, and FAQs on Mahavir Medical Associates
Recent Activity within the Organization
  • Annual General Meeting

    Mahavir Medical Associates Pvt Ltd last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Mahavir Medical Associates Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.

  • Director Appointment

    Progress on Vishal Lalit Choksi was appointed as a Director was appointed as a Director on 07 Sep 1994 & has been associated with this company since 31 years 5 months . was documented.

  • Charges

    The activity A charge with Gujarat Industrial Investment Corporation Limited of Rs. 2.98 M registered on 26 Mar 1992 with Charge ID 90104500 was modified on 03 Apr 1992. was completed.

  • Charges

    A charge with Gujarat Industrial Investment Corporation Limited amounted to Rs. 2.98 M with Charge ID 90104500 was registered on 26 Mar 1992. was recorded as a recent event.

  • Director Appointment

    Minakshi Lalitbhai Choksi was appointed as a Director was appointed as a Director on 25 Jan 1992 & has been associated with this company since 34 years 1 month . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Mahavir Medical Associates Pvt Ltd?

The CIN of Mahavir Medical Associates Pvt Ltd is U24231GJ1992PTC016974.

Where is Mahavir Medical Associates Pvt Ltd headquartered?

Mahavir Medical Associates Pvt Ltd is headquartered at Opp Shyamal Rowhouse Schnol 3Plogt No 1 Satellite, Ahmedabad, Gujarat, 380015.

When was Mahavir Medical Associates Pvt Ltd incorporated?

Mahavir Medical Associates Pvt Ltd was incorporated on 21 January 1992.

Who are the current directors of Mahavir Medical Associates Pvt Ltd?

The current directors of Mahavir Medical Associates Pvt Ltd are

What is the primary industry of Mahavir Medical Associates Pvt Ltd?

The primary industry of Mahavir Medical Associates Pvt Ltd is Hospital And Medical Care.

Is Mahavir Medical Associates Pvt Ltd a listed company?

Mahavir Medical Associates Pvt Ltd is unlisted.

What is the capital structure of Mahavir Medical Associates Pvt Ltd?

The authorized capital of Mahavir Medical Associates Pvt Ltd is ₹2.00 M, and the paid-up capital is ₹1.63 M.

What is the compliance status of Mahavir Medical Associates Pvt Ltd?

The compliance status of Mahavir Medical Associates Pvt Ltd is Compliant.

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