- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-17-0007004

Medispin Pharmaceutical Private Limited
About Medispin Pharmaceutical Private Limited
Data last updated:
Medispin Pharmaceutical Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 14 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24234MH2011PTC223904. Its GSTIN is 27AAHCM5646C1ZH (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹23 Lakh. It is led by directors Jaypalsingh Chandrasingh Jamadar and Chetan Ekanath Firake.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shop C 113 1st Floor Roongta Central Park, Nashik, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.35 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹23,506 (net margin 0.2%) and EBITDA of ₹7.09 Lakh (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹50 Lakh and satisfied charges of ₹24 Lakh on record.
Medispin Pharmaceutical Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0007004). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Medispin Pharmaceutical
Contact details
Medispin Pharmaceutical Private Limited's registered office is in Nashik, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop C 113 1st Floor Roongta Central Park Apartment, Dwarka, Nashik, Maharashtra, India – 422001
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Medispin Pharmaceutical 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
Business activity
The main business activity of Medispin Pharmaceutical is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Medispin Pharmaceutical Private Limited, buy the company report.
Financials of Medispin Pharmaceutical Private Limited
FY 2024 filings availableMedispin Pharmaceutical Private Limited reported revenue of ₹1.35 Cr (up 23% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 23% growth in the latest year. EBITDA rose 19% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹7.09 Lakh | ||||
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| Net Profit (PAT) | ₹23,506 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 5.3% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of Medispin Pharmaceutical Private Limited, buy the company report.
Board of directors of Medispin Pharmaceutical Private Limited
Medispin Pharmaceutical has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaypalsingh Chandrasingh Jamadar Also directs: Bionordisk Laboratories LLP | Director | 14 Nov 2011 | 14 Years 11 Months | Current |
| Chetan Ekanath Firake | Director | 14 Nov 2011 | 14 Years 11 Months | Current |
Peer comparison
Medispin Pharmaceutical Private Limited is compared with the 6 companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dowell Life Science Private Limited | ₹1.35 Cr (FY 2024) | 4.0% | Ahmedabad, Gujarat, India | |||
| Mkurizon Healthcare Private Limited | ₹1.35 Cr (FY 2024) | 30.0% | Bangalore, Karnataka, India | |||
| Medispin Pharmaceutical Private Limitedthis company | ₹1.35 Cr (FY 2024) | ₹23,506 | 0.2% | 23.0% | Nashik, Maharashtra, India | |
| Wellwish Pharma Private Limited | ₹1.34 Cr (FY 2024) | -9.0% | Nagpur, Maharashtra, India | |||
| Medisra Pharma Private Limited | ₹1.34 Cr (FY 2025) | 15.0% | Gurgaon, Haryana, India | |||
| Sarck Life Sciences Private Limited | ₹1.34 Cr (FY 2022) | 50.0% | Muzaffarpur, Bihar, India | |||
| Arakind Health Care Private Limited | ₹1.34 Cr (FY 2024) | 83.0% | Lko, Uttar Pradesh, India |
To see the full peer comparison of Medispin Pharmaceutical Private Limited, buy the company report.
Auditor
Medispin Pharmaceutical Private Limited is audited by PRASAD BHATT & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRASAD BHATT & ASSOCIATES | FY 2023 | 123662W |
Shareholding
The shareholding of Medispin Pharmaceutical Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Medispin Pharmaceutical Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jul 2022 | 100617509 | Bank of India | ₹50 Lakh | Open | |
| 18 Jan 2019 | 100235303 | Others | ₹24 Lakh | Satisfied |
To see the full charge records of Medispin Pharmaceutical Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Medispin Pharmaceutical 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 Medispin Pharmaceutical Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Medispin Pharmaceutical has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCM5646C1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Medispin Pharmaceutical Private Limited, buy the company report.
Recent activity
Medispin Pharmaceutical Private Limited has 7 board changes on record since 2011: 2 appointments and 5 cessations. The latest: Changonda Sangonda Patil ceased to be Director on 11 Oct 2023.
2 earlier events are in the company report.
Frequently asked questions
Medispin Pharmaceutical is an active private limited company based in Nashik, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 14 November 2011 (15+ years old) and is registered under CIN U24234MH2011PTC223904.
Medispin Pharmaceutical has 2 current directors:
- Jaypalsingh Chandrasingh Jamadar - Director
- Chetan Ekanath Firake - Director
The latest financial statements of Medispin Pharmaceutical on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Medispin Pharmaceutical is 27AAHCM5646C1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Medispin Pharmaceutical is U24234MH2011PTC223904. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Medispin Pharmaceutical was incorporated on 14 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Medispin Pharmaceutical by revenue are Dowell Life Science Private Limited, Mkurizon Healthcare Private Limited, Wellwish Pharma Private Limited, Medisra Pharma Private Limited, Sarck Life Sciences Private Limited and 1 more, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Changonda Sangonda Patil ceased to be Director on 11 Oct 2023. Manisha Amol Morankar ceased to be Director on 11 Oct 2023. Nitin Sharad Patil ceased to be Director on 11 Oct 2023. Medispin Pharmaceutical has 7 board changes on record in total.
Yes, Medispin Pharmaceutical is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-17-0007004).
The registered office of Medispin Pharmaceutical is at Shop C 113 1st Floor Roongta Central Park Apartment, Dwarka, Nashik, Maharashtra, India – 422001.
Medispin Pharmaceutical operates in the pharma industry, in the pharmaceutical retailers and distributors segment.