Masscure Medicines Private Limited
About Masscure Medicines Private Limited
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Masscure Medicines Private Limited is a private limited company based in Kolhapur, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 01 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U24239PN2019PTC185155. Its GSTIN is 27AAMCM7783P1ZB (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Masum Rasul Makandar and Abhijeet Ashok Shetti.
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 Rs No.790 Hissa 28 To 33 Plot No.39 Gala No.4 Sai Plaza Jagtap Nagar, Kolhapur, Maharashtra, India – 416012.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.37 Lakh, a decline of 69% compared to the previous year. For the same year it recorded a net loss of ₹7.8 Lakh (net margin -38.3%) and EBITDA of -₹7.2 Lakh (EBITDA margin -35.3%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 8% over five years.
Company details
Contact details
Masscure Medicines Private Limited's registered office is in Kolhapur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRs No.790 Hissa 28 To 33 Plot No.39 Gala No.4 Sai Plaza Jagtap Nagar, Kolhapur, Maharashtra, India – 416012
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Masscure Medicines 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 Masscure Medicines is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Masscure Medicines Private Limited, buy the company report.
Financials of Masscure Medicines Private Limited
FY 2025 filings availableMasscure Medicines Private Limited reported revenue of ₹20.37 Lakh (down 69% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 69% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 139% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹7.2 Lakh | ||||
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| Net Profit (PAT) | -₹7.8 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -35.3% | ||||
| Net Profit Margin | -38.3% | ||||
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To see the full financial statements and ratios of Masscure Medicines Private Limited, buy the company report.
Board of directors of Masscure Medicines Private Limited
Masscure Medicines has 7 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Masum Rasul Makandar Also directs: Promasscure Medicines Private Limited, Futurestic Medicines LLP | Director | 01 Dec 2021 | 4 Years 11 Months | Current |
| Abhijeet Ashok Shetti | Director | 01 Dec 2021 | 4 Years 11 Months | Current |
| Shubhangi Sachin Gondhale | Director | 01 Jul 2019 | 7 Years 4 Months | Current |
| Rashida Masum Makandar Also directs: Promasscure Medicines Private Limited | Director | 01 Jul 2019 | 7 Years 4 Months | Current |
| Priti Abhijeet Shetti | Director | 01 Jul 2019 | 7 Years 4 Months | Current |
| Abhijit Hiralal Asalkar Also directs: High Gold Pharma Private Limited | Director | 30 Jan 2020 | 6 Years 9 Months | Current |
Auditor
Masscure Medicines Private Limited is audited by AMAR R PATIL & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMAR R PATIL & CO | FY 2021 | 130776W |
Shareholding
The shareholding of Masscure Medicines 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 Masscure Medicines Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Masscure Medicines 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 Masscure Medicines Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Masscure Medicines has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCM7783P1ZB | Maharashtra | Active | 30 Aug 2019 |
To see the full GST registrations and return filing status of Masscure Medicines Private Limited, buy the company report.
Recent activity
Masscure Medicines Private Limited has 9 board changes on record since 2019: 7 appointments and 2 cessations. The latest: Abhijeet Ashok Shetti ceased to be Additional Director on 30 Sep 2022.
Frequently asked questions
Masscure Medicines is an active private limited company based in Kolhapur, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 01 July 2019 (7+ years old) and is registered under CIN U24239PN2019PTC185155.
Masscure Medicines has 7 current directors:
- Masum Rasul Makandar - Director
- Abhijeet Ashok Shetti - Director
- Shubhangi Sachin Gondhale - Director
- Rashida Masum Makandar - Director
- Priti Abhijeet Shetti - Director
- Abhijit Hiralal Asalkar - Director
- Pooja Abhijit Asalkar - Director
The latest financial statements of Masscure Medicines 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 FY 2020 are in the company report.
The GSTIN of Masscure Medicines is 27AAMCM7783P1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Masscure Medicines is U24239PN2019PTC185155. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Masscure Medicines was incorporated on 01 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
Abhijeet Ashok Shetti ceased to be Additional Director on 30 Sep 2022. Masum Rasul Makandar ceased to be Additional Director on 30 Sep 2022. Abhijeet Ashok Shetti was appointed as Director on 01 Dec 2021. Masscure Medicines has 9 board changes on record in total.
The registered office of Masscure Medicines is at Rs No.790 Hissa 28 To 33 Plot No.39 Gala No.4 Sai Plaza Jagtap Nagar, Kolhapur, Maharashtra, India – 416012.
Masscure Medicines operates in the pharma industry, in the drug formulation and development segment.
Masscure Medicines can be reached at its registered office: Rs No.790 Hissa 28 To 33 Plot No.39 Gala No.4 Sai Plaza Jagtap Nagar, Kolhapur, Maharashtra, India – 416012.
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