- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0213238

Massmed Private Limited
About Massmed Private Limited
Data last updated:
Massmed Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 29 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51900GJ2018PTC102571. Its GSTIN is 24AALCM8735A1ZJ (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Sandeep Ranjan and Mihir Manojbhai Shah.
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 48 Shreenath Sarthak Industrial Park Nr Torrent Power Station Ring Road Nikol, Ahmedabad, Gujarat, India – 380012.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.01 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹18.59 Lakh (net margin 1.5%) and EBITDA of ₹44.13 Lakh (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 80% over five years.
Massmed Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0213238).
Company details
Recognitions & Rankings of Massmed
Contact details
Massmed Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address48 Shreenath Sarthak Industrial Park Nr Torrent Power Station Ring Road Nikol, Ahmedabad, Gujarat, India – 380012
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Massmed 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
Financials of Massmed Private Limited
FY 2025 filings availableMassmed Private Limited reported revenue of ₹12.01 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 80% over five years, including 9% growth in the latest year. EBITDA fell 12% 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 | ₹44.13 Lakh | ||||
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| Net Profit (PAT) | ₹18.59 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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| EBITDA Margin | 3.7% | ||||
| Net Profit Margin | 1.5% | ||||
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To see the full financial statements and ratios of Massmed Private Limited, buy the company report.
Board of directors of Massmed Private Limited
Massmed has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Ranjan Also directs: Vitam Healthcare Private Limited, Marrm Pharma Private Limited | Director | 29 May 2018 | 8 Years 5 Months | Current |
| Mihir Manojbhai Shah | Director | 29 May 2018 | 8 Years 5 Months | Current |
| Sanjay Kumar Singh Also directs: Oneextramiles Tours Private Limited, Red Marketing Services Private Limited, Neonectar Private Limited and 1 more | Director | 29 May 2018 | 8 Years 5 Months | Current |
| Anurag Dhanjibhai Borad Also directs: Ilan Pharma Private Limited | Director | 29 May 2018 | 8 Years 5 Months | Current |
Auditor
Massmed Private Limited is audited by NIRANJAN JAIN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIRANJAN JAIN & CO | FY 2023 | 113913W |
Shareholding
The shareholding of Massmed Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Massmed Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Massmed 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 Massmed Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Massmed has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCM8735A1ZJ | Gujarat | Active | 03 Dec 2018 |
To see the full GST registrations and return filing status of Massmed Private Limited, buy the company report.
Recent activity
Massmed Private Limited has 4 board changes on record since 2018: 4 appointments. The latest: Anurag Dhanjibhai Borad was appointed as Director on 29 May 2018.
Frequently asked questions
Massmed is an active private limited company based in Ahmedabad, Gujarat, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 29 May 2018 (8+ years old) and is registered under CIN U51900GJ2018PTC102571.
Massmed has 4 current directors:
- Sandeep Ranjan - Director
- Mihir Manojbhai Shah - Director
- Sanjay Kumar Singh - Director
- Anurag Dhanjibhai Borad - Director
The latest financial statements of Massmed 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 2019 are in the company report.
The GSTIN of Massmed is 24AALCM8735A1ZJ, registered in Gujarat.
The CIN (Corporate Identification Number) of Massmed is U51900GJ2018PTC102571. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Massmed was incorporated on 29 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Anurag Dhanjibhai Borad was appointed as Director on 29 May 2018. Mihir Manojbhai Shah was appointed as Director on 29 May 2018. Sandeep Ranjan was appointed as Director on 29 May 2018. Massmed has 4 board changes on record in total.
Yes, Massmed is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0213238).
The registered office of Massmed is at 48 Shreenath Sarthak Industrial Park Nr Torrent Power Station Ring Road Nikol, Ahmedabad, Gujarat, India – 380012.
Massmed operates in the healthcare industry, in the medical and laboratory equipment segment.

