- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0004839

Mangal Medical Agencies Private Limited
About Mangal Medical Agencies Private Limited
Data last updated:
Mangal Medical Agencies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 05 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51101MH2010PTC201711. Its GSTIN is 27AAGCM4482P1ZR (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Ravindrakumar Bhikamchand Sancheti and Ankesh Ravindra Sancheti.
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 A/9 – 10 Madhav Bhavan 86 – 88 N M Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.53 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹4.47 Lakh (net margin 0.3%) and EBITDA of ₹26.74 Lakh (EBITDA margin 1.5%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹4.18 Cr on record.
Mangal Medical Agencies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0004839). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Mangal Medical Agencies
Contact details
Mangal Medical Agencies Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressA/9 – 10 Madhav Bhavan 86 – 88 N M Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Mangal Medical Agencies 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 Mangal Medical Agencies is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Mangal Medical Agencies Private Limited, buy the company report.
Financials of Mangal Medical Agencies Private Limited
FY 2025 filings availableMangal Medical Agencies Private Limited reported revenue of ₹17.53 Cr (up 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 5% growth in the latest year. EBITDA rose 72% 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 | ₹26.74 Lakh | ||||
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| Net Profit (PAT) | ₹4.47 Lakh | ||||
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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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| Profitability | |||||
| EBITDA Margin | 1.5% | ||||
| Net Profit Margin | 0.3% | ||||
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To see the full financial statements and ratios of Mangal Medical Agencies Private Limited, buy the company report.
Board of directors of Mangal Medical Agencies Private Limited
Mangal Medical Agencies has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravindrakumar Bhikamchand Sancheti Also directs: Exquisite Pharma LLP | Director | 05 Apr 2010 | 16 Years 7 Months | Current |
| Ankesh Ravindra Sancheti Also directs: Exquisite Pharma LLP | Director | 05 Apr 2010 | 16 Years 7 Months | Current |
| Manju Ravindra Sancheti | Director | 05 Apr 2010 | 16 Years 7 Months | Current |
| Ankit Ravindra Sancheti Also directs: Exquisite Pharma LLP | Director | 05 Apr 2010 | 16 Years 7 Months | Current |
Peer comparison
Mangal Medical Agencies Private Limited is compared with the 5 companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Blue Print Pharmacy Private Limited | ₹17.83 Cr (FY 2025) | -30.0% | Kolkata, West Bengal, India | |||
| Swipha Exports Private Limited | ₹17.82 Cr (FY 2025) | 13.0% | Ahmedabad, Gujarat, India | |||
| Deependrugs Private Limited | ₹17.68 Cr (FY 2025) | -30.0% | Ahmedabad, Gujarat, India | |||
| Mangal Medical Agencies Private Limitedthis company | ₹17.53 Cr (FY 2024) | ₹4.47 Lakh | 0.3% | 5.0% | Mumbai, Maharashtra, India | |
| Sreeparna Pharmaceutical Distributors Private Limited | ₹17.5 Cr (FY 2025) | 22.0% | Malappuram, Kerala, India | |||
| Medi Xpert India Limited | ₹17.41 Cr (FY 2025) | -55.0% | Delhi, India |
To see the full peer comparison of Mangal Medical Agencies Private Limited, buy the company report.
Auditor
Mangal Medical Agencies Private Limited is audited by PUNAMIYA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PUNAMIYA & ASSOCIATES | FY 2023 | 108212W |
Shareholding
The shareholding of Mangal Medical Agencies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mangal Medical Agencies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Dec 2022 | 100661188 | Standard Chartered Bank | ₹50 Lakh | Open | |
| 29 Aug 2013 | 10451071 | Bank of India | ₹50 Lakh | Open | |
| 08 Jan 2011 | 10273017 | Bank of India | ₹1.24 Cr | Open | |
| 08 Jan 2011 | 10273018 | Bank of India | ₹1.24 Cr | Open | |
| 08 Jan 2011 | 10273019 | Bank of India | ₹70 Lakh | Open |
To see the full charge records of Mangal Medical Agencies Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Mangal Medical Agencies 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 Mangal Medical Agencies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mangal Medical Agencies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCM4482P1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mangal Medical Agencies Private Limited, buy the company report.
Recent activity
Mangal Medical Agencies Private Limited has 4 board changes on record since 2010: 4 appointments. The latest: Ankesh Ravindra Sancheti was appointed as Director on 05 Apr 2010.
2 earlier events are in the company report.
Frequently asked questions
Mangal Medical Agencies is an active private limited company based in Mumbai, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 05 April 2010 (16+ years old) and is registered under CIN U51101MH2010PTC201711.
Mangal Medical Agencies has 4 current directors:
- Ravindrakumar Bhikamchand Sancheti - Director
- Ankesh Ravindra Sancheti - Director
- Manju Ravindra Sancheti - Director
- Ankit Ravindra Sancheti - Director
The latest financial statements of Mangal Medical Agencies 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 2015 are in the company report.
The GSTIN of Mangal Medical Agencies is 27AAGCM4482P1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mangal Medical Agencies is U51101MH2010PTC201711. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mangal Medical Agencies was incorporated on 05 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mangal Medical Agencies by revenue are Blue Print Pharmacy Private Limited, Swipha Exports Private Limited, Deependrugs Private Limited, Sreeparna Pharmaceutical Distributors Private Limited, Medi Xpert India Limited, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Ankesh Ravindra Sancheti was appointed as Director on 05 Apr 2010. Ankit Ravindra Sancheti was appointed as Director on 05 Apr 2010. Manju Ravindra Sancheti was appointed as Director on 05 Apr 2010. Mangal Medical Agencies has 4 board changes on record in total.
Yes, Mangal Medical Agencies is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0004839).
The registered office of Mangal Medical Agencies is at A9 – 10 Madhav Bhavan 86 – 88 N M Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
Mangal Medical Agencies operates in the pharma industry, in the pharmaceutical retailers and distributors segment.

