Manish Medicates Private Limited
About Manish Medicates Private Limited
Data last updated:
Manish Medicates Private Limited was a private limited company based in Indore, Madhya Pradesh, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 10 December 2004.
The company was registered with the Registrar of Companies (ROC), Gwalior, under CIN U51397MP2004PTC017156. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors Ashish Garg and Manish Garg.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 4 – 5 Anand Bagichi Agrawal Nagar, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2020, the company reported a revenue of ₹19.16 Lakh, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹17.77 Lakh (net margin -92.7%) and EBITDA of -₹17.54 Lakh (EBITDA margin -91.5%). Revenue has declined at a compounded annual rate (CAGR) of 57% over three years and 38% over five years.
As per MCA filings, the company had satisfied charges of ₹20 Lakh on record.
Company details
Contact details
Manish Medicates Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4 – 5 Anand Bagichi Agrawal Nagar, Indore, Madhya Pradesh, India – 452001
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Manish Medicates 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 Manish Medicates 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 Manish Medicates Private Limited, buy the company report.
Financials of Manish Medicates Private Limited
FY 2020 filings availableManish Medicates Private Limited reported revenue of ₹19.16 Lakh (down 85% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over five years, including a 85% fall in the latest year. EBITDA fell 133% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹17.54 Lakh | ||||
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| Net Profit (PAT) | -₹17.77 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA Margin | -91.5% | ||||
| Net Profit Margin | -92.7% | ||||
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To see the full financial statements and ratios of Manish Medicates Private Limited, buy the company report.
Board of directors of Manish Medicates Private Limited
Manish Medicates has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Garg Also directs: Panorama Remedies Limited, Ihl Medicare Private Limited, Cipika Realty Private Limited and 1 more | Director | 01 Jan 2010 | 16 Years 9 Months | As last reported |
| Manish Garg | Director | 10 Dec 2004 | 21 Years 10 Months | As last reported |
Peer comparison
Manish Medicates Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Manish Medicates Private Limitedthis company | ₹19.16 Lakh (FY 2020) | -₹17.77 Lakh | -92.7% | -85.0% | Indore, Madhya Pradesh, India | |
| Axis Labs Private Limited | ₹19.16 Lakh (FY 2025) | -17.0% | Delhi, India | |||
| P and G Ahuja Biotech Limited | ₹19.15 Lakh (FY 2024) | -12.0% | Sanathal, Gujarat, India | |||
| 3G UK Private Limited | ₹19.06 Lakh (FY 2024) | -56.0% | Delhi, India |
To see the full peer comparison of Manish Medicates Private Limited, buy the company report.
Auditor
Manish Medicates Private Limited is audited by KAUSHAL & AGRAWAL for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAUSHAL & AGRAWAL | FY 2017 | 008846C |
Shareholding
The shareholding of Manish Medicates Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Manish Medicates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2013 | 10462781 | Dena Bank | ₹20 Lakh | Satisfied |
To see the full charge records of Manish Medicates Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Manish Medicates 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 Manish Medicates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Manish Medicates has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Manish Medicates Private Limited, buy the company report.
Recent activity
Manish Medicates Private Limited has 4 board changes on record since 2004: 2 appointments and 2 cessations. The latest: Sonal Bansal ceased to be Director on 20 Apr 2018.
Frequently asked questions
Manish Medicates has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Manish Medicates was a private limited company based in Indore, Madhya Pradesh, India. The company worked in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 10 December 2004 and is registered under CIN U51397MP2004PTC017156. The company has been struck off by the Registrar of Companies and is no longer operational.
Manish Medicates had 2 directors:
- Ashish Garg - Director
- Manish Garg - Director
The CIN (Corporate Identification Number) of Manish Medicates is U51397MP2004PTC017156. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Manish Medicates is at 4 – 5 Anand Bagichi Agrawal Nagar, Indore, Madhya Pradesh, India – 452001.
Manish Medicates was incorporated on 10 December 2004. It is registered with the Registrar of Companies, Gwalior.
The latest financial statements of Manish Medicates on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Manish Medicates has 1 GST registration on record and it is cancelled or inactive.
Manish Medicates operated in the pharma industry, in the pharmaceutical retailers and distributors segment. It worked in this industry before it was struck off.
The peers of Manish Medicates by revenue are Axis Labs Private Limited, P and G Ahuja Biotech Limited, 3G UK Private Limited, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Sonal Bansal ceased to be Director on 20 Apr 2018. Ashish Garg was appointed as Director on 01 Jan 2010. Ashish Jain Lalwani ceased to be Director on 01 Jan 2010. Manish Medicates has 4 board changes on record in total.