Medevolution Devices Private Limited
About Medevolution Devices Private Limited
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Medevolution Devices Private Limited was a private limited company based in Chennai, Tamil Nadu, 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 wholesale distribution segment of the trading and commerce sector. It was incorporated on 10 April 2008.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U33112TN2008PTC067299. Its GSTIN is 33AAFCM6900R1Z4 (Tamil Nadu).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Nandakumar Padma and Nandakumar Santhana Rajagopalan.
Its last annual general meeting (AGM) was held on 19 May 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Sspdl Alpha City IT Park, Chennai, Tamil Nadu.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.18 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹29.37 Lakh and EBITDA of -₹28.03 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 72% over three years and 58% over five years.
Company details
Contact details
Medevolution Devices Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSspdl Alpha City IT Park 05th Floor Gamma Block # 25 Old Mahabalipuram Roa, D Navalur, Chennai, Tamil Nadu, India – 603103
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Medevolution Devices 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 Medevolution Devices Private Limited
FY 2023 filings availableMedevolution Devices Private Limited reported revenue of ₹4.18 Lakh (down 96% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 58% over five years, including a 96% fall in the latest year. EBITDA fell 918% 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
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| EBITDA | -₹28.03 Lakh | ||||
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| Net Profit (PAT) | -₹29.37 Lakh | ||||
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Financial Ratios
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To see the full financial statements and ratios of Medevolution Devices Private Limited, buy the company report.
Board of directors of Medevolution Devices Private Limited
Medevolution Devices has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nandakumar Padma Also directs: Goldenchest Analytics LLP, Goldenchest Ventures Private Limited | Director | 10 Apr 2008 | 18 Years 6 Months | As last reported |
| Nandakumar Santhana Rajagopalan Also directs: Goldenchest Analytics LLP, Premier Green Innovations Private Limited, Aadyah Aerospace Private Limited and 2 more | Director | 10 Apr 2008 | 18 Years 6 Months | As last reported |
Auditor
Medevolution Devices Private Limited is audited by B.P.RAO AND CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.P.RAO AND CO | FY 2017 | 003116S |
Shareholding
The shareholding of Medevolution Devices 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 Medevolution Devices Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Medevolution Devices 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 Medevolution Devices Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Medevolution Devices has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCM6900R1Z4 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Medevolution Devices Private Limited, buy the company report.
Recent activity
Medevolution Devices Private Limited has 3 board changes on record since 2008: 2 appointments and 1 cessation. The latest: Vijay Nandakumar ceased to be Additional Director on 06 Jun 2016.
Frequently asked questions
Medevolution Devices 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.
Medevolution Devices was a private limited company based in Chennai, Tamil Nadu, India. The company worked in other wholesale, within the trading industry. It was incorporated on 10 April 2008 and is registered under CIN U33112TN2008PTC067299. The company has been struck off by the Registrar of Companies and is no longer operational.
Medevolution Devices had 2 directors:
- Nandakumar Padma - Director
- Nandakumar Santhana Rajagopalan - Director
The CIN (Corporate Identification Number) of Medevolution Devices is U33112TN2008PTC067299. 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 Medevolution Devices is at Sspdl Alpha City IT Park 05th Floor Gamma Block # 25 Old Mahabalipuram Roa, D Navalur, Chennai, Tamil Nadu, India – 603103.
Medevolution Devices was incorporated on 10 April 2008. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Medevolution Devices on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 19 May 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Medevolution Devices is 33AAFCM6900R1Z4, registered in Tamil Nadu.
Medevolution Devices operated in the trading industry, in the other wholesale segment. It worked in this industry before it was struck off.
Vijay Nandakumar ceased to be Additional Director on 06 Jun 2016. Nandakumar Padma was appointed as Director on 10 Apr 2008. Nandakumar Santhana Rajagopalan was appointed as Director on 10 Apr 2008.