MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0009684
Medtech Life Private Limited - healthcare in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹104.14 Cr
▲ 1% YoY
Net profit · FY 2025
₹6.46 Cr
Net margin 6.2%
EBITDA · FY 2025
₹12.85 Cr
EBITDA margin 12.3%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹10.5 Cr
Satisfied ₹11.13 Lakh
Company age
17 yrs
Est. 2009
Employees · EPFO
90
Provident fund records
About Medtech Life Private Limited
Data last updated:
Medtech Life Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 25 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25202MH2009PTC197321. Its GSTIN is 27AADCN1255C1ZV (Maharashtra). The company holds 20 GST registrations, of which 15 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Lakh. It was formerly known as Medtech Medical Devices Private Limited and Novalife Healthcare Private Limited. It is led by directors including Yogeshbhai Rajanikant Shah and Rajnikant Ramniklal Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B/6 Byculla Service Industrial Estate Sussex Road D.K. Road Byculla (E), Mumbai, Maharashtra, India – 400027.
As per the financials filed for FY 2025, the company reported a revenue of ₹104.14 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹6.46 Cr (net margin 6.2%) and EBITDA of ₹12.85 Cr (EBITDA margin 12.3%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 12% over five years.
The company has about 90 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Medtech Life. As per MCA filings, the company has open charges of ₹10.5 Cr and satisfied charges of ₹11.13 Lakh on record. Court records list 14 cases involving the company, including 14 filed by the company; 3 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2017. The company has 27 MSME Form 1 returns on record between 2019 and 2024, listing 531 overdue payments to 29 micro and small suppliers.
Medtech Life Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0009684). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website medtechlife.com.
Company details
CIN U25202MH2009PTC197321
Registration Number 197321
Incorporation Date 25 November 2009
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0009684
Name history
Medtech Life has undergone 4 name changes throughout its history. The current legal name is Medtech Life Private Limited.
| Company Name | Status |
|---|---|
| Medtech Life Private Limited | Current |
| Medtech Medical Devices Private Limited | Previous |
| Novalife Healthcare Private Limited | Previous |
| Medtech Care Private Limited | Previous |
| Nulife Global Medical Devices Private Limited | Previous |
Key People
Yogeshbhai Rajanikant Shah Director Rajnikant Ramniklal Shah Director Asha Rajnikant Shah Director Recognitions & Rankings of Medtech Life
Contact details
Medtech Life Private Limited's registered office is in Mumbai, Maharashtra. Its website is medtechlife.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB/6 Byculla Service Industrial Estate Sussex Road D.K. Road Byculla (E), Mumbai, Maharashtra, India – 400027
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Medtech Life Private Limited, buy the company report.
Comprehensive company report
Medtech Life 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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Secure checkout · GST invoice included
Brands
Medtech Life operates one associated brand: Medtech Life. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| It serves as a multiple medical devices. | medtechlife.com |
Business activity
The main business activities of Medtech Life are manufacturing and trade. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Medtech Life Private Limited, buy the company report.
Financials of Medtech Life Private Limited
FY 2025 filings availableMedtech Life Private Limited reported revenue of ₹104.14 Cr (up 1% YoY) for FY 2025.
Revenue · FY 2025
₹104.14 Cr ▲ 1%
Net profit · FY 2025
₹6.46 Cr margin 6.2%
EBITDA · FY 2025
₹12.85 Cr margin 12.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▼ 3%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▼ 18%
5 years · compounded
▲ 10%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 1% growth in the latest year. EBITDA fell 9% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹12.85 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.46 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.3% | ||||
| Net Profit Margin | 6.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Medtech Life Private Limited, buy the company report.
Board of directors of Medtech Life Private Limited
Medtech Life has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yogeshbhai Rajanikant Shah Also directs: Novalife Healthcare LLP | Director | 25 Nov 2009 | 16 Years 10 Months | Current |
| Rajnikant Ramniklal Shah Also directs: Novalife Healthcare LLP | Director | 25 Nov 2009 | 16 Years 10 Months | Current |
| Asha Rajnikant Shah | Director | 21 Jun 2017 | 9 Years 4 Months | Current |
Auditor
Medtech Life Private Limited is audited by N. A. Shah Associates LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N. A. Shah Associates LLP | FY 2024 | 116560W/W100149 |
Shareholding
The shareholding of Medtech Life Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Medtech Life Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.5 Cr
Satisfied charges
₹11.13 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Aug 2014 | 10515689 | Hdfc Bank Limited | ₹10.5 Cr | Open | |
| 23 Mar 2015 | 10565784 | Kotak Mahindra Prime Limited | ₹11.13 Lakh | Satisfied |
To see the full charge records of Medtech Life Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Medtech Life Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2017.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Medtech Life Private Limited has 14 court cases on record: 14 filed by Medtech Life. 3 cases are pending and 11 are disposed.
Total cases
14
Filed by the company
14
Pending
3
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 0 | 1 |
| High courts | 5 | 0 | 2 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (CARAP) | Filed by the company against M/S Physfix Fitness Solution Pvt Ltd and 1 other | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against M/S. Physfix Fitness Solution Pvt. Ltd. and 1 other | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against M/S. Physfix Fitness Solution Pvt. Ltd. and Anr. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed by the company against M/S. Physfix Fitness Solution Pvt. Ltd. | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Amkay Products Pvt Ltd | Pending |
To see the full case history of Medtech Life Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Medtech Life Private Limited has 27 MSME Form 1 returns on record between 2019 and 2024, listing 531 overdue payments to 29 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 29)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Asianet Logistics (India) Private Limited | |||
| an individual supplier | |||
| Inter Service Logistics | |||
| Shah Industrial Products |
To see the full MSME payment records of Medtech Life Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Medtech Life Private Limited has a workforce of 90 employees on its EPFO records as of Aug 31, 2025, across 1 active EPFO establishment.
Employee count
90
Active EPFO establishments
1
Employee growth
-2.17%
GST
Medtech Life has 20 GST registrations: 15 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
20
Active
15
Cancelled / inactive
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCN1255C1ZV | Maharashtra | Active | 01 Jul 2017 |
| 27AADCN1255C2ZU | Maharashtra | Active | 17 Mar 2025 |
| 24AADCN1255C1Z1 | Gujarat | Active | 26 Oct 2020 |
| 29AADCN1255C2ZQ | Karnataka | Active | 10 Feb 2023 |
To see the full GST registrations and return filing status of Medtech Life Private Limited, buy the company report.
Recent activity
Medtech Life Private Limited has 8 board changes on record since 2009: 3 appointments and 5 cessations. The latest: Asha Rajnikant Shah ceased to be Additional Director on 30 Sep 2017.
AGM
Medtech Life Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Medtech Life Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited of Rs. 10.50 Cr registered on 08 Aug 2014 with Charge ID 10515689 was modified on 16 Jan 2025.
Charges
A charge registered on 23 Mar 2015 via Charge ID 10565784 with Kotak Mahindra Prime Limited was fully satisfied on 13 Sep 2019.
Ceased
Asha Rajnikant Shah ceased to be Additional Director.
Appointed
Asha Rajnikant Shah was appointed as Director.
Ceased
Kamlesh Ramniklal Shah ceased to be Director.
Ceased
Komal Rupen Shah ceased to be Director.
Ceased
Maheshkumar Ramniklal Shah ceased to be Director.
Ceased
Sneh Kamlesh Shah ceased to be Director.
Charges
A charge with Kotak Mahindra Prime Limited amounted to Rs. 0.11 Cr with Charge ID 10565784 was registered on 23 Mar 2015.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.50 Cr with Charge ID 10515689 was registered on 08 Aug 2014.
3 earlier events are in the company report.
Frequently asked questions
Medtech Life is an active private limited company based in Mumbai, Maharashtra, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 25 November 2009 (17+ years old) and is registered under CIN U25202MH2009PTC197321.
Medtech Life has 3 current directors:
- Yogeshbhai Rajanikant Shah - Director
- Rajnikant Ramniklal Shah - Director
- Asha Rajnikant Shah - Director
The latest financial statements of Medtech Life on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Medtech Life is 27AADCN1255C1ZV, registered in Maharashtra. The company has 20 GST registrations in all, of which 15 are active and 5 are cancelled or inactive. Other active GSTINs include 27AADCN1255C2ZU (Maharashtra), 24AADCN1255C1Z1 (Gujarat), 29AADCN1255C2ZQ (Karnataka).
The CIN (Corporate Identification Number) of Medtech Life is U25202MH2009PTC197321. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Medtech Life has 14 court cases on record: 14 filed by the company. 3 are pending. Most are in the district courts.
Medtech Life was incorporated on 25 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Medtech Life has 1 deal on record (1 secondary share transfer); the latest was in March 2017.
Asha Rajnikant Shah ceased to be Additional Director on 30 Sep 2017. Asha Rajnikant Shah was appointed as Director on 21 Jun 2017. Kamlesh Ramniklal Shah ceased to be Director on 03 Apr 2017. Medtech Life has 8 board changes on record in total.
Yes, Medtech Life is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0009684).
Medtech Life has 27 MSME Form 1 returns on record between 2019 and 2024, listing 531 overdue payments to 29 micro and small suppliers. The latest return was filed on 27 Apr 2024.