About MGN Medisafe Private Limited
Data last updated:
MGN Medisafe Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the preventive healthcare segment of the healthcare sector. It was incorporated on 11 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U51909OR2017PTC027487. Its GSTIN is 21AALCM2614G1ZV (Odisha).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Debadatta Mohapatra and Deepali Vijay Phadnis.
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 Plot – 14/370 Gajapati Nagar Po – Sainik School, Bhubaneswar, Odisha, India – 751005.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.65 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹24.67 Lakh (net margin 2.1%) and EBITDA of ₹40.15 Lakh (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 74% over five years.
The company is associated with 1 brand: MGN Medisafe. As per MCA filings, the company has open charges of ₹1.5 Cr on record.
MGN Medisafe Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0005444). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mgnmedisafe.com.
Recognitions & Rankings of MGN Medisafe
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot – 14/370 Gajapati Nagar Po – Sainik School, Bhubaneswar, Odisha, India – 751005
- IndustryHealthcare, Preventive Health Services
- 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
Business Activity of MGN Medisafe Private Limited
The main business activity of MGN Medisafe is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of MGN Medisafe Private Limited FY 2025 filings available
MGN Medisafe Private Limited reported revenue of ₹11.65 Cr (down 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of MGN Medisafe Private Limited
Revenue fell 28% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 74%. EBITDA fell 45% 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 of MGN Medisafe Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹40.15 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹24.67 Lakh | •••• | •••• | •••• | •••• |
| 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 of MGN Medisafe Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of MGN Medisafe are in the company report.
Financial statements from FY 2018
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.
Peer Comparison of MGN Medisafe Private Limited
MGN Medisafe Private Limited is compared with the companies closest to it by revenue in the Healthcare industry (Preventive Healthcare Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hamsa Medical Services Private Limited | ₹11.84 Cr (FY 2025) | •••• | •••• | 71.0% | •••• | Chennai, Tamil Nadu, India |
| Nikhilam Eye Care Private Limited | ₹11.84 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Vijayawada, Andhra Pradesh, India |
| Dynamic Memory Private Limited | ₹11.8 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Ballabgarh, Haryana, India |
| Goutam Neuro Care Private Limited | ₹11.78 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Hyderabad, Telangana, India |
| TJS Healthcare Private Limited | ₹11.68 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Kottayam, Kerala, India |
| MGN Medisafe Private Limited this company | ₹11.65 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Bhubaneswar, Odisha, India |
| Hind Medical Services Private Limited | ₹11.64 Cr (FY 2025) | •••• | •••• | 136.0% | •••• | New Delhi, Delhi, India |
| Natus Healthcare Private Limited | ₹11.63 Cr (FY 2024) | •••• | •••• | 533.0% | •••• | Bangalore, Karnataka, India |
| Karnataka Institute of Medical Sciences (Kims) Hospital Private Limited | ₹11.61 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Mangalore, Karnataka, India |
| Ghosh Ent Private Limited | ₹11.58 Cr (FY 2025) | •••• | •••• | -71.0% | •••• | Kolkata, West Bengal, India |
| Avana Lifescience Private Limited | ₹11.55 Cr (FY 2025) | •••• | •••• | 88.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below MGN Medisafe by revenue in the Healthcare industry (Preventive Healthcare Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of MGN Medisafe Private Limited
MGN Medisafe has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Debadatta Mohapatra Also directs: Polizza Private Limited, Da Planners LLP | Director | 13 Feb 2020 | 6 Years 8 Months | Current |
| Deepali Vijay Phadnis | Director | 30 Sep 2024 | 2 Years 0 Months | Current |
| Golok Bihari Nayak Also directs: Nexova Associates Private Limited | Director | 11 Aug 2017 | 9 Years 2 Months | Current |
Ownership and Shareholding of MGN Medisafe Private Limited
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 MGN Medisafe Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Aug 2022 | Others | ₹1 Cr | Open |
| 29 Mar 2019 | Others | ₹50 Lakh | Open |
Total charge records: 2 View all charges
Associated Brands with MGN Medisafe Private Limited
MGN Medisafe operates one associated brand: MGN Medisafe. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Healthcare consultancy focusing on planning, biomedical equipment, and maintenance services. | mgnmedisafe.com |
Employees and EPFO Compliance at MGN Medisafe Private Limited
Employment history and EPFO contributions of people linked to MGN Medisafe.
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 MGN Medisafe Private Limited
MGN Medisafe Private Limited has 5 board changes on record since 2017: 3 appointments and 2 cessations. The latest: Deepali Vijay Phadnis was appointed as Director on 30 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for MGN Medisafe Private Limited
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 MGN Medisafe Private Limited
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 MGN Medisafe Private Limited
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 MGN Medisafe Private Limited
MGN Medisafe has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AALCM2614G1ZV | Odisha | Active | 28 Oct 2017 |
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 MGN Medisafe Private Limited
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 MGN Medisafe Private Limited
MGN Medisafe is an active private limited company based in Bhubaneswar, Odisha, India. The company works in preventive health services, within the healthcare industry. It was incorporated on 11 August 2017 (9+ years old) and is registered under CIN U51909OR2017PTC027487.
MGN Medisafe reported revenue of ₹11.65 Cr for FY 2025 (down 28% YoY).
MGN Medisafe has 3 current directors:
- Debadatta Mohapatra - Director
- Deepali Vijay Phadnis - Director
- Golok Bihari Nayak - Director
MGN Medisafe reported a net profit of ₹24.67 Lakh (net margin 2.1%) and EBITDA of ₹40.15 Lakh (EBITDA margin 3.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of MGN Medisafe is 13% over three years and 74% over five years. In the latest year (FY 2025) revenue fell 28%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of MGN Medisafe is 21AALCM2614G1ZV, registered in Odisha.
The CIN (Corporate Identification Number) of MGN Medisafe is U51909OR2017PTC027487. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MGN Medisafe was incorporated on 11 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of MGN Medisafe by revenue are Hamsa Medical Services Private Limited, Nikhilam Eye Care Private Limited, Dynamic Memory Private Limited, Goutam Neuro Care Private Limited, TJS Healthcare Private Limited and 5 more, all in the Healthcare industry (Preventive Healthcare Services).
Deepali Vijay Phadnis was appointed as Director on 30 Sep 2024. Priya Gopal ceased to be Director on 19 Dec 2020. Debadatta Mohapatra was appointed as Director on 13 Feb 2020. MGN Medisafe has 5 board changes on record in total.
Yes, MGN Medisafe is registered as a small enterprise under Udyam registration (number: UDYAM-OD-19-0005444).