Medigrowth Pharmaceuticals Private Limited

Medigrowth Pharmaceuticals Private Limited - pharma in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U52520MH2020PTC344305 Incorporated 23 August 2020 ROC Mumbai HQ Navi Mumbai, Maharashtra, India
Active Private Limited Company pharma MSME · Micro
Data last updated
Revenue · FY 2023
₹21.48 Lakh
▲ 64% YoY
Net profit · FY 2023
₹51,496
Net margin 2.4%
EBITDA · FY 2023
₹70,925
EBITDA margin 3.3%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
2
of 3 registered

About Medigrowth Pharmaceuticals Private Limited

Data last updated:

Medigrowth Pharmaceuticals Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 23 August 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52520MH2020PTC344305. Its GSTIN is 27AANCM7164R1ZF (Maharashtra). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Rajesh Kuparam Choudhary and Ashok Akalecha.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Navi Mumbai, Maharashtra.

As per the financials filed for FY 2023, the company reported a revenue of ₹21.48 Lakh, a growth of 64% compared to the previous year. For the same year it recorded a net profit of ₹51,496 (net margin 2.4%) and EBITDA of ₹70,925 (EBITDA margin 3.3%).

Medigrowth Pharmaceuticals Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0027209).

Company details

CIN U52520MH2020PTC344305
Registration Number 344305
Incorporation Date 23 August 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0027209
Key People
Rajesh Kuparam Choudhary Director Ashok Akalecha Director

Recognitions & Rankings of Medigrowth Pharmaceuticals

MSME (Udyam registered) Ministry of MSME
Category
Micro (2020-21)
Udyam number
UDYAM-MH-33-0027209

Contact details

Medigrowth Pharmaceuticals Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Plot No – 2 3 & 4 Office No – 624 Sector – 19A The Bombay Oil Seeds & Exchange Premises, Vashi, Navi Mumbai, Maharashtra, India – 400705
  • Industry
    Pharma, Pharmaceutical Retailers & Distributors

To see the full contact details of Medigrowth Pharmaceuticals Private Limited, buy the company report.

Comprehensive company report
Medigrowth Pharmaceuticals Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Medigrowth Pharmaceuticals is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Medigrowth Pharmaceuticals Private Limited, buy the company report.

Financials of Medigrowth Pharmaceuticals Private Limited

FY 2023 filings available

Medigrowth Pharmaceuticals Private Limited reported revenue of ₹21.48 Lakh (up 64% YoY) for FY 2023.

Revenue · FY 2023
₹21.48 Lakh ▲ 64%
Net profit · FY 2023
₹51,496 margin 2.4%
EBITDA · FY 2023
₹70,925 margin 3.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 64%
EBITDA CAGR growth
1 year
▲ 107%

Revenue rose 64% in the latest year. EBITDA rose 107% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations₹21.48 Lakh
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹70,925
Profit Before Tax
Tax Expense
Net Profit (PAT)₹51,496
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin3.3%
Net Profit Margin2.4%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Medigrowth Pharmaceuticals Private Limited, buy the company report.

Board of directors of Medigrowth Pharmaceuticals Private Limited

Medigrowth Pharmaceuticals has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajesh Kuparam Choudhary
Also directs: Jiva Bond Industries Private Limited, Vruddhi Care India Private Limited, Medicity Medichem Private Limited
Director23 Aug 20206 Years 2 MonthsCurrent
Ashok AkalechaDirector31 Dec 20214 Years 10 MonthsCurrent
View all directors

Peer comparison

Medigrowth 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Mundus Pharmaceuticals Private Limited₹21.58 Lakh (FY 2024)-11.0%Lucknow, Uttar Pradesh, India
Medigrowth Pharmaceuticals Private Limitedthis company₹21.48 Lakh (FY 2023)₹51,4962.4%64.0%Navi Mumbai, Maharashtra, India
J. K. Lifescience Private Limited₹21.42 Lakh (FY 2025)-27.0%Silvassa, Dadra and Nagar Haveli, India
Myeliyon Pharmaceutical Private Limited₹21.42 Lakh (FY 2021)8.0%Chl, Opp W.E High (Mumbai), Maharashtra, India
Daswell Pharmaceuticals Private Limited₹21.4 Lakh (FY 2019)Howrah, West Bengal, India

To see the full peer comparison of Medigrowth Pharmaceuticals Private Limited, buy the company report.

Auditor

Medigrowth Pharmaceuticals Private Limited is audited by Vikram Choudhary & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Vikram Choudhary & CoFY 2023030965C

Shareholding

The shareholding of Medigrowth Pharmaceuticals Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Medigrowth Pharmaceuticals Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Medigrowth Pharmaceuticals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Medigrowth Pharmaceuticals Private Limited has 1 active EPFO establishment as of Apr 05, 2024.

Active EPFO establishments
1

GST

Medigrowth Pharmaceuticals has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AANCM7164R1ZFMaharashtraActive04 Sep 2020
24AANCM7164R2ZKGujaratActive28 Nov 2022

To see the full GST registrations and return filing status of Medigrowth Pharmaceuticals Private Limited, buy the company report.

Recent activity

Medigrowth Pharmaceuticals Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Veena Choudhary ceased to be Director on 25 Jul 2022.

AGM
Medigrowth Pharmaceuticals Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Medigrowth Pharmaceuticals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai I.
Ceased
Veena Choudhary ceased to be Director.
Appointed
Ashok Akalecha was appointed as Director.
Appointed
Rajesh Kuparam Choudhary was appointed as Director.
Incorporation
23 Aug 2020
Medigrowth Pharmaceuticals Private Limited was registered on 23 Aug 2020 with Roc Mumbai I & aged 6 years 2 months as per MCA records.

Frequently asked questions

Medigrowth Pharmaceuticals is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 23 August 2020 (6+ years old) and is registered under CIN U52520MH2020PTC344305.

Medigrowth Pharmaceuticals has 2 current directors:

The latest financial statements of Medigrowth Pharmaceuticals on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2021 are in the company report.

The GSTIN of Medigrowth Pharmaceuticals is 27AANCM7164R1ZF, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AANCM7164R2ZK (Gujarat).

The CIN (Corporate Identification Number) of Medigrowth Pharmaceuticals is U52520MH2020PTC344305. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Medigrowth Pharmaceuticals was incorporated on 23 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Medigrowth Pharmaceuticals by revenue are Mundus Pharmaceuticals Private Limited, J. K. Lifescience Private Limited, Myeliyon Pharmaceutical Private Limited, Daswell Pharmaceuticals Private Limited, all in the Pharma industry (Pharma Retail and Distribution, Pharmaceuticals), with the same principal business activity (wholesale trading).

Veena Choudhary ceased to be Director on 25 Jul 2022. Ashok Akalecha was appointed as Director on 31 Dec 2021. Rajesh Kuparam Choudhary was appointed as Director on 23 Aug 2020.

Yes, Medigrowth Pharmaceuticals is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0027209).

The registered office of Medigrowth Pharmaceuticals is at Plot No – 2 3 & 4 Office No – 624 Sector – 19A The Bombay Oil Seeds & Exchange Premises, Vashi, Navi Mumbai, Maharashtra, India – 400705.

Medigrowth Pharmaceuticals operates in the pharma industry, in the pharmaceutical retailers and distributors segment.