About Medgel Private Limited
Data last updated: 23 December 2025
Medgel Private Limited is a private limited company based in Indore, Madhya Pradesh, India, a subsidiary of Medicaps Limited. It specialises in drug formulation and development, a part of the broader pharmaceuticals sector. Incorporated on 10 January 2007, the company has been in operation for over 19 years.
Registered with ROC Gwalior under CIN U24239MP2007PTC019204.
Capital: an authorised share capital of ₹15 Cr and a paid-up capital of ₹14.68 Cr. Formerly known as Medgel Pharmaceuticals Private Limited. It is led by directors including Ashok Agrawal Omprakash and Akshit Garg.
Last AGM: 17 September 2025. Financial statements filed for year ended 31 March 2025. Office: 201 Pushpratna Paradise 9/5 New Palasiya Opposite Uco Bank, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.23 Cr, a growth of 23% compared to the previous year.
The company has a workforce of approximately 151 employees as per the latest available data. It operates as a subsidiary of Medicaps Limited.
As per MCA filings, the company has open charges of ₹8.3 Cr and satisfied charges of ₹24.32 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website medgel.net.
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Registered Address201 Pushpratna Paradise 9/5 New Palasiya Opposite Uco Bank, Indore, Madhya Pradesh, India – 452001
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IndustryPharma, Drug Formulation & Development
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Medgel Private Limited
Medgel Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details for Medgel Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
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Auditor Details of Medgel Private Limited
Medgel Private Limited is audited by RAWKA & ASSOCIATES for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAWKA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Medgel Private Limited
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Board of Directors of Medgel Private Limited
Medgel Private Limited is currently managed by 6 directors, with 17 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Ashok Agrawal Omprakash
Also directs:
Medicaps Limited
|
Director | 03 Feb 2020 | 6 Years 6 Months | Current |
| Akshit Garg | Director | 20 Nov 2019 | 6 Years 8 Months | Current |
| Manisha Garg | Whole-Time Director | 27 Aug 2016 | 9 Years 11 Months | Current |
| Praveen Nalwaya | Whole-Time Director | 01 Mar 2014 | 12 Years 5 Months | Current |
| Ramesh Chandra Mittal | Director | 01 Apr 2009 | 17 Years 4 Months | Current |
|
Alok K Garg
Also directs:
Medicaps Limited
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Managing Director | 10 Jan 2007 | 19 Years 7 Months | Current |
Financials of Medgel Private Limited FY 2025 filings available
Medgel Private Limited reported revenue of ₹25.23 Cr (up 23.00% YoY) for FY 2025.
Ten-year financial statements for Medgel Private Limited
Historical statement values and trend charts require an active report plan.
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Ownership and Shareholding of Medgel Private Limited
Shareholding and ownership data for Medgel Private Limited
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Charges & Borrowings of Medgel Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jul 2024 | Others | ₹80 Lakh | Open |
| 09 Sep 2009 | Idbi Bank Limited | ₹7.5 Cr | Open |
| 20 Mar 2023 | Others | ₹20 Cr | Satisfied |
| 05 May 2022 | Hdfc Bank Limited | ₹2 Cr | Satisfied |
| 09 Feb 2022 | Others | ₹31.5 Lakh | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Medgel Private Limited
Medgel Private Limited has a workforce of 151 employees as of Mar 28, 2024.
Employee and EPFO history for Medgel Private Limited
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GST Compliance of Medgel Private Limited
GST registrations and filing compliance for Medgel Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Medgel Private Limited
Credit ratings, litigation, and regulatory alerts for Medgel Private Limited
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MSME Payment Delays by Medgel Private Limited
MSME payment history for Medgel Private Limited
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Subsidiaries & Group Companies of Medgel Private Limited
Corporate group structure for Medgel Private Limited
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MCA Filings & Documents of Medgel Private Limited
MCA filings and documents for Medgel Private Limited
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Recent Activity on Medgel Private Limited
Frequently Asked Questions about Medgel Private Limited
Medgel Private Limited is an active private limited company in the pharma sector based in Indore, Madhya Pradesh, India. It was incorporated on 10 January 2007 (19+ years old) and is registered under CIN U24239MP2007PTC019204. The company has 151 employees.
Medgel Private Limited reported revenue of ₹25.23 Cr for FY 2025 (up 23.00% YoY).
The current directors of Medgel Private Limited are:
- Ashok Agrawal Omprakash - Director
- Akshit Garg - Director
- Manisha Garg - Whole-Time Director
- Praveen Nalwaya - Whole-Time Director
- Ramesh Chandra Mittal - Director
- Alok K Garg - Managing Director
The primary industry of Medgel Private Limited is pharma. The company specifically operates in drug formulation and development. The company is currently active in this sector.
Medgel Private Limited can be reached at the registered office: 201 Pushpratna Paradise 95 New Palasiya Opposite Uco Bank, Indore, Madhya Pradesh, India – 452001, or through the website medgel.net.
The authorised capital is ₹15 Cr, and the paid-up capital is ₹14.68 Cr.