- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0029879

About Midmark (India) Private Limited
Data last updated:
Midmark (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Midmark Corporation, Usa. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 02 December 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36100MH1999PTC122868. Its GSTIN is 27AACCM0219N1ZG (Maharashtra). The company holds 7 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹5.02 Cr and a paid-up capital of ₹3.23 Cr. It was formerly known as Janak Healthcare Private Limited and Metalbeds India Pvt Ltd. It is led by directors including Sumeet Aggarwal (Managing Director) and Jon Edward Wells.
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 Janak House Antop Hillsheikh M Isry Road Wadala, Mumbai, Maharashtra, India – 400037.
As per the financials filed for FY 2025, the company reported a revenue of ₹182.06 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹13.75 Cr (net margin 7.6%) and EBITDA of ₹23.43 Cr (EBITDA margin 12.9%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 11% over five years.
The company has about 303 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹74.4 Cr and satisfied charges of ₹49.82 Cr on record. Court records list 22 cases involving the company, including 13 filed by the company and 9 filed against it; 5 cases are pending. The company has 7 deals on record (5 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹2.7 Cr; the latest was in January 2020. The company has 11 MSME Form 1 returns on record between 2019 and 2023, listing 843 overdue payments to 76 micro and small suppliers.
Midmark (India) Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0029879). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website midmark.in.
Company details
Name history
Midmark (India) has undergone 2 name changes throughout its history. The company was previously known as Janak Healthcare Private Limited, and Metalbeds India Pvt Ltd. The current legal name is Midmark (India) Private Limited.
| Company Name | Status |
|---|---|
| Midmark (India) Private Limited | Current |
| Janak Healthcare Private Limited | Previous |
| Metalbeds India Pvt Ltd | Previous |
Recognitions & Rankings of Midmark (India)
Contact details
Midmark (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is midmark.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressJanak House Antop Hillsheikh M Isry Road Wadala, Mumbai, Maharashtra, India – 400037
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Midmark (India) 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 activities of Midmark (India) are manufacturing and hospital and medical care. In detail, this covers metal and metal products and other hospital and medical care activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Midmark (India) Private Limited, buy the company report.
Financials of Midmark (India) Private Limited
FY 2025 filings availableMidmark (India) Private Limited reported revenue of ₹182.06 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 9% growth in the latest year. EBITDA rose 32% 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 |
|---|---|---|---|---|---|
| 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 | ₹23.43 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.75 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.9% | ||||
| Net Profit Margin | 7.6% | ||||
| 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 Midmark (India) Private Limited, buy the company report.
Board of directors of Midmark (India) Private Limited
Midmark (India) has 4 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jon Edward Wells | Director | 10 May 2021 | 5 Years 5 Months | Current |
| Jonathan Charles Dill | Director | 10 May 2021 | 5 Years 5 Months | Current |
| Sumeet Aggarwal | Managing Director | 17 Nov 2016 | 9 Years 11 Months | Current |
| Thomas Daniel Schwieterman | Director | 03 Aug 2016 | 10 Years 3 Months | Current |
Auditor
Midmark (India) Private Limited is audited by Suresh Surana & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Suresh Surana & Associates LLP | FY 2023 | 121750W/W100010 |
Shareholding
The shareholding of Midmark (India) 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 Midmark (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Dec 2019 | 100317825 | Axis Bank Limited | ₹9.5 Cr | Open | |
| 16 Jan 2018 | 100169094 | Hdfc Bank Limited | ₹30.78 Cr | Open | |
| 12 Apr 2004 | 80010040 | Hdfc Bank Limited | ₹34.12 Cr | Open | |
| 02 Jun 2017 | 100114015 | Hdfc Bank Limited | ₹27.27 Cr | Satisfied | |
| 16 Aug 2016 | 100047222 | The Hongkong and Shanghai Banking Corporation Limited | ₹7.5 Cr | Satisfied |
To see the full charge records of Midmark (India) Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Midmark (India) Private Limited has 7 deals on record (5 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹2.7 Cr; the latest was in January 2020.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2020 | Rights issue | ₹5 Cr | Investors: Midmark Corporation USA |
| Dec 2014 | Secondary share transfer | Undisclosed | Buyer: Midmark Ventures LLC USA, Midmark Corporation USA Seller: Amit H Mehta (HUF), 3 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Atman A Mehta (HUF), Subir Menta (HUF), Raj H Mehta (HUF), an individual Seller: 4 individuals |
| Aug 2010 | Secondary share transfer | Undisclosed | Buyer: Midmark Corporation USA Seller: 3 individuals |
| Nov 2009 | Funding round | ₹2.7 Cr | Investors: Midmark Corporation USA, 3 individuals |
To see the full deal history of Midmark (India) Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Midmark (India) Private Limited has 22 court cases on record: 13 filed by Midmark (India), 9 filed against it. 5 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 7 | 1 |
| District courts | 6 | 2 | 4 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against Kara Life Sciences Pvt. Ltd. | Pending |
| Bombay High Court | Writ petition | Filed against the company by Narula Udyog (India) Pvt. Ltd. Represented by Managing Director Shri. S. K. Narula and Anr., | Disposed |
| District court, Lucknow, Uttar Pradesh | Arbitration matter | Filed by the company against an individual | Pending |
| High Court, Assam | Writ petition | Filed by the company against The State of Assam and 3 Ors and 3 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS) | Filed by the company against M/S. I D Meditech Mr. Umesh Kumar Singh | Pending |
To see the full case history of Midmark (India) 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.
Credit ratings & regulatory alerts
Midmark (India) Private Limited was last rated by Icra on 13 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 13 Apr 2022 |
To see the full credit ratings and regulatory alerts of Midmark (India) Private Limited, buy the company report.
MSME payment delays
Midmark (India) Private Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 843 overdue payments to 76 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 76)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sarr Logistic Private Limited | |||
| Jindal Stainless Steelway Limited | |||
| Featherlite Products Private Limited | |||
| Gir Motors Private Limited | |||
| Pentagon Machines and Tools |
To see the full MSME payment records of Midmark (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Midmark (India) Private Limited has a workforce of 303 employees on its EPFO records as of Mar 30, 2024, across 2 active EPFO establishments.
GST
Midmark (India) has 7 GST registrations: 3 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCM0219N1ZG | Maharashtra | Active | 01 Jul 2017 |
| 27AACCM0219N2ZF | Maharashtra | Active | 29 Sep 2017 |
| 24AACCM0219N1ZM | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Midmark (India) Private Limited, buy the company report.
Recent activity
Midmark (India) Private Limited has 22 board changes on record since 2008: 4 appointments and 18 cessations. The latest: Jon Edward Wells ceased to be Additional Director on 18 Oct 2021.
29 earlier events are in the company report.
Frequently asked questions
Midmark (India) 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 02 December 1999 (27+ years old) and is registered under CIN U36100MH1999PTC122868.
Midmark (India) has 4 current directors:
- Sumeet Aggarwal - Managing Director
- Jon Edward Wells - Director
- Jonathan Charles Dill - Director
- Thomas Daniel Schwieterman - Director
The latest financial statements of Midmark (India) 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 Midmark (India) is 27AACCM0219N1ZG, registered in Maharashtra. The company has 7 GST registrations in all, of which 3 are active and 4 are cancelled or inactive. Other active GSTINs include 27AACCM0219N2ZF (Maharashtra), 24AACCM0219N1ZM (Gujarat).
The CIN (Corporate Identification Number) of Midmark (India) is U36100MH1999PTC122868. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midmark (India) has 22 court cases on record: 13 filed by the company and 9 filed against it. 5 are pending. Most are in the high courts.
Midmark (India) was incorporated on 02 December 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Midmark (India) has 7 deals on record (5 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹2.7 Cr; the latest was in January 2020.
Jon Edward Wells ceased to be Additional Director on 18 Oct 2021. Jonathan Charles Dill ceased to be Additional Director on 18 Oct 2021. Jon Edward Wells was appointed as Director on 10 May 2021. Midmark (India) has 22 board changes on record in total.
Yes, Midmark (India) is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0029879).
Midmark (India) has 11 MSME Form 1 returns on record between 2019 and 2023, listing 843 overdue payments to 76 micro and small suppliers. The latest return was filed on 27 Oct 2023.

