Medico Remedies Limited logo

Medico Remedies Limited

Founded in 1994 headquartered in Maharashtra, India.

1994 Mumbai, Maharashtra (India) Active

About

Basic Data Updated:

8 days ago
Medico Remedies Limited (MRL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 March 1994 and has a history of 30 years and one month. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540937.

The Corporate was formerly known as Medico Remedies P Ltd. The Company is engaged in the Pharma Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 17.00 cr and a paid-up capital of Rs 16.60 cr.

The Corporate currently has active open charges totaling ₹42.70 cr. It has already closed loans amounting to ₹39.66 cr, as per the Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Medico Remedies Limited India are Dinesh Modi as Company Secretary and Haresh Mehta as Cfo. Harshit Mehta, Bharat Rathod, Deepak Vekaria, and Five other members serve as directors at the Company.

Industry

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNL24230MH1994PLC077187
Company No.077187
Stock Symbol BSE : 540937
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date18 Mar 1994
Date of AGM24 Aug 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Mumbai

Products or Services related to Medico Remedies Limited

Metformin Tablets, Packaging Type: Blister

Antidiabetic Medicine

Ferrous Sulphate Tablets BP 200 mg / 300 mg, Non prescription, Treatment: Iron Deficiency

Fitness Supplements

Calneed (Calcium & Colecalciferol) Tablets

Mineral Supplement

Citadine-4 (Cyproheptadine Tablets 4 mg) Tablets

Antihistamines

product
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Medico Remedies Limited offers a wide range of products and services, including: Cardiovascular Drugs & Medication, Antidiabetic Medicine, Nutraceuticals & Dietary Supplements, Fitness Supplements, Mineral Supplement, Common Disease Medicines, Antihistamines, Digestive System Drugs & Medicines, Antacid Drugs, Brain & Nervous System Drugs.

Financials of Medico Remedies Limited

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Medico Remedies Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.34% increase. The company also saw a substantial improvement in profitability, with a 48.09% increase in profit. The company's net worth Soared by an impressive increase of 17.48%.

Corporate Structure

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Unlock access to Medico Remedies's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Medico Remedies Limited

Executive Team (3)

  • HM

    Harshit Mehta In Managing Director

    Appointment Date: 14-Dec-2011

    Status: Current

  • DM

    Dinesh Modi In Company Secretary

    Appointment Date: 11-Feb-2019

    Status: Current

  • HM

    Haresh Mehta In CFO

    Appointment Date: 01-Sep-2017

    Status: Current

Board Members(6)

Charges (Loans)

Open Charges Satisfied Charges

₹42.70 cr

₹39.66 cr

LenderAmountStatus

Others

Creation Date: 20 Dec 2018
₹24.08 CrOpen

Others

Creation Date: 31 Jul 2018
₹18.62 CrOpen

Others

Creation Date: 31 Aug 2019
₹2.75 CrSatisfied

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Medico Remedies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Medico Remedies's trajectory.

Rating

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Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alert

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Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Recent activity within the organization

  • Activity

    Charges

    A charge with Others of Rs. 18.62 cr registered on 31 Jul 2018 with Charge ID 100207287 was modified on 07 Dec 2023.

    07 Dec 2023
  • Activity

    Annual General Meeting

    Medico Remedies Limited last Annual general meeting of members was held on 24 Aug 2023 as per latest MCA records.

    24 Aug 2023
  • Activity

    Balance Sheet

    Medico Remedies Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023
  • Activity

    Charges

    A charge registered on 31 Aug 2019 via Charge ID 100290953 with Others was fully satisfied on 01 Jun 2022.

    01 Jun 2022
  • Activity

    Charges

    A charge registered on 31 Aug 2019 via Charge ID 100302589 with Others was fully satisfied on 01 Jun 2022.

    01 Jun 2022

Frequently asked questions

What is the Incorporation or founding date of Medico Remedies Limited?

Medico Remedies Limited was incorporated 30 years 1 month ago on 18 Mar 1994 with Registrar of Companies Roc Mumbai.

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