Medicinext Pharma LLP
About Medicinext Pharma LLP
Data last updated:
Medicinext Pharma LLP is a limited liability partnership (LLP) based in Ahmedabad, Gujarat, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 28 February 2020 and has been in existence for over 6 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAS-0940. The LLP has 1 GST registration on record, which is no longer active.
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners including Meghaben Vishal Bhatt and Parth Mehta.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹3.85 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹30.08 Lakh (net margin 7.8%) and EBITDA of ₹41.88 Lakh (EBITDA margin 10.9%).
As per MCA filings, the LLP has open charges of ₹1 Cr on record.
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- Registered Address510 31 Five B/H Divyabhaskar House Nr. Vodafone House Corporate Road Maka, Rba, Ahmedabad, Gujarat, India – 380015
- IndustryHealthcare, Medical & Laboratory Equipment
- 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
- One PDF report, delivered after checkout
Financials of Medicinext Pharma LLP FY 2025 filings available
Medicinext Pharma LLP reported revenue of ₹3.85 Cr (up 889% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Medicinext Pharma LLP
Revenue rose 889% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Medicinext Pharma LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Income and Expenditure | ||||
| Turnover | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Income | ₹3.85 Cr | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹30.08 Lakh | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• |
| Assets and Liabilities | ||||
| Partners' Contribution | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Medicinext Pharma LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| Net Profit Margin | 7.8% | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Medicinext Pharma are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Designated Partners of Medicinext Pharma LLP
Medicinext Pharma has 3 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meghaben Vishal Bhatt Also directs: Otsdata Solutions Private Limited | Designated Partner | 01 May 2021 | 5 Years 5 Months | Current |
| Parth Mehta Also directs: Basantbagh Realty India Private Limited | Designated Partner | 01 May 2021 | 5 Years 5 Months | Current |
| Rohit Nagar Also directs: Vitaegiss Wellness Private Limited, Medbion Healthcare Private Limited, Medior Healthcare Private Limited and 2 more | Designated Partner | 01 May 2021 | 5 Years 5 Months | Current |
Ownership and Shareholding of Medicinext Pharma LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Medicinext Pharma LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Oct 2024 | Icici Bank Limited | ₹1 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Medicinext Pharma LLP
Employment history and EPFO contributions of people linked to Medicinext Pharma.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Medicinext Pharma LLP
Medicinext Pharma LLP has 4 designated partner changes on record since 2021: 3 appointments and 1 cessation. The latest: Meghaben Vishal Bhatt was appointed as Designated Partner on 01 May 2021.
Credit Ratings, Litigation & Regulatory Alerts for Medicinext Pharma LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Medicinext Pharma LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Medicinext Pharma LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Medicinext Pharma LLP
Medicinext Pharma has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Medicinext Pharma LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Medicinext Pharma LLP
Medicinext Pharma is an active limited liability partnership based in Ahmedabad, Gujarat, India. The LLP works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 28 February 2020 (6+ years old) and is registered under LLPIN AAS-0940.
Medicinext Pharma reported revenue of ₹3.85 Cr for FY 2023 (up 889% YoY).
Medicinext Pharma has 3 current designated partners:
- Meghaben Vishal Bhatt - Designated Partner
- Parth Mehta - Designated Partner
- Rohit Nagar - Designated Partner
Medicinext Pharma reported a net profit of ₹30.08 Lakh (net margin 7.8%) and EBITDA of ₹41.88 Lakh (EBITDA margin 10.9%) for FY 2023, as per its filed financial statements.
No. Medicinext Pharma has 1 GST registration on record and it is cancelled or inactive.
The LLPIN (Limited Liability Partnership Identification Number) of Medicinext Pharma is AAS-0940. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Medicinext Pharma was incorporated on 28 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Meghaben Vishal Bhatt was appointed as Designated Partner on 01 May 2021. Parth Mehta was appointed as Designated Partner on 01 May 2021. Rohit Nagar was appointed as Designated Partner on 01 May 2021. Medicinext Pharma has 4 designated partner changes on record in total.
The registered office of Medicinext Pharma is at 510 31 Five BH Divyabhaskar House Nr. Vodafone House Corporate Road Maka, Rba, Ahmedabad, Gujarat, India – 380015.
The total obligation of contribution is ₹1 Lakh.