About Meclon Pharmaceuticals Private Limited
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Meclon Pharmaceuticals Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 01 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24230KA2016PTC085079. Its GSTIN is 29AAKCM1126C2ZQ (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Shylaja Dharmegowda Sabbanahalli and Dharme Gowda Nidhi.
Its last annual general meeting (AGM) was held on 01 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at House No. 356 And 395 11th Block Ward No 73 Kottigepalya Nagarabhavi 2nd Stage, Bangalore, Karnataka, India – 560072.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.49 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹37,130 (net margin -0.2%) and EBITDA of ₹1.28 Lakh (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 216% over three years and 58% over five years.
Court records list 8 cases involving the company, including 6 filed by the company and 2 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website meclonpharmaceuticals.com.
Company details
Contact details
Meclon Pharmaceuticals Private Limited's registered office is in Bangalore, Karnataka. Its website is meclonpharmaceuticals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHouse No. 356 And 395 11th Block Ward No 73 Kottigepalya Nagarabhavi 2nd Stage, Bangalore, Karnataka, India – 560072
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Meclon Pharmaceuticals 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 Meclon Pharmaceuticals 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 Meclon Pharmaceuticals Private Limited, buy the company report.
Financials of Meclon Pharmaceuticals Private Limited
FY 2023 filings availableMeclon Pharmaceuticals Private Limited reported revenue of ₹1.49 Cr (up 210% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 58% over five years, including 210% growth 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹1.28 Lakh | ||||
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| Net Profit (PAT) | -₹37,130 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 0.9% | ||||
| Net Profit Margin | -0.2% | ||||
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To see the full financial statements and ratios of Meclon Pharmaceuticals Private Limited, buy the company report.
Board of directors of Meclon Pharmaceuticals Private Limited
Meclon Pharmaceuticals has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shylaja Dharmegowda Sabbanahalli | Director | 27 Apr 2021 | 5 Years 5 Months | Current |
| Dharme Gowda Nidhi | Director | 15 Jun 2021 | 5 Years 4 Months | Current |
Peer comparison
Meclon Pharmaceuticals Private Limited is compared with the 4 companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution, Pharmaceuticals), 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 |
|---|---|---|---|---|---|---|
| HNF Care Private Limited | ₹1.49 Cr (FY 2025) | 85.0% | Sri Ganganagar, Rajasthan, India | |||
| Vitadex Pharmaceutical Private Limited | ₹1.49 Cr (FY 2025) | 29.0% | Surat, Gujarat, India | |||
| Mensun Pharmaceuticals Private Limited | ₹1.49 Cr (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| Meclon Pharmaceuticals Private Limitedthis company | ₹1.49 Cr (FY 2023) | -₹37,130 | -0.2% | 210.0% | Bangalore, Karnataka, India | |
| Actiff Pharmaceuticals Private Limited | ₹1.48 Cr (FY 2019) | 31.0% | Nallasopara West, Maharashtra, India |
To see the full peer comparison of Meclon Pharmaceuticals Private Limited, buy the company report.
Shareholding
The shareholding of Meclon Pharmaceuticals Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Meclon Pharmaceuticals Private Limited, buy the company report.
Legal cases
Meclon Pharmaceuticals Private Limited has 8 court cases on record: 6 filed by Meclon Pharmaceuticals, 2 filed against it. 4 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 1 | 4 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Nectar Biopharma Pvt Ltd | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by Nectar Biopharma Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Meclon Pharmaceuticals Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Meclon Pharmaceuticals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Meclon Pharmaceuticals has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCM1126C2ZQ | Karnataka | Active | 12 Jul 2021 |
To see the full GST registrations and return filing status of Meclon Pharmaceuticals Private Limited, buy the company report.
Recent activity
Meclon Pharmaceuticals Private Limited has 8 board changes on record since 2016: 2 appointments and 6 cessations. The latest: Dharme Gowda Nidhi was appointed as Director on 15 Jun 2021.
Frequently asked questions
Meclon Pharmaceuticals is an active private limited company based in Bangalore, Karnataka, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 01 January 2016 (10+ years old) and is registered under CIN U24230KA2016PTC085079.
Meclon Pharmaceuticals has 2 current directors:
- Shylaja Dharmegowda Sabbanahalli - Director
- Dharme Gowda Nidhi - Director
The latest financial statements of Meclon Pharmaceuticals on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 01 December 2023. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Meclon Pharmaceuticals is 29AAKCM1126C2ZQ, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Meclon Pharmaceuticals is U24230KA2016PTC085079. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meclon Pharmaceuticals has 8 court cases on record: 6 filed by the company and 2 filed against it. 4 are pending. Most are in the district courts.
Meclon Pharmaceuticals was incorporated on 01 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Meclon Pharmaceuticals by revenue are HNF Care Private Limited, Vitadex Pharmaceutical Private Limited, Mensun Pharmaceuticals Private Limited, Actiff Pharmaceuticals Private Limited, all in the Pharma industry (Pharma Retail and Distribution, Pharmaceuticals), with the same principal business activity (wholesale trading).
Dharme Gowda Nidhi was appointed as Director on 15 Jun 2021. Shylaja Dharmegowda Sabbanahalli was appointed as Director on 27 Apr 2021. Venugopal Reddy Venkatarama Reddy ceased to be Director on 24 Jul 2020. Meclon Pharmaceuticals has 8 board changes on record in total.
Meclon Pharmaceuticals can be reached through the website meclonpharmaceuticals.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Meclon Pharmaceuticals is at House No. 356 And 395 11th Block Ward No 73 Kottigepalya Nagarabhavi 2nd Stage, Bangalore, Karnataka, India – 560072.