About Maestros Mediline Systems Limited
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Maestros Mediline Systems Limited is a public limited company based in Navi Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 28 December 1972.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L65990MH1972PLC016208. The company has 4 GST registrations on record, none of which is active. It is recorded as listed by MCA, but its shares were delisted from BSE on 11 May 2018 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹4.37 Cr. It is led by directors including Niladri Mondal and Chitralekha Krishnakumar Menon.
Its last annual general meeting (AGM) was held on 22 December 2014, and its latest financial statements are for the year ended 31 March 2014. The registered office is at Plot No El/63 Ttc Ind Areaelectronic Zone Mahape, Navi Mumbai, Maharashtra, India – 400701.
As per the financials filed for FY 2016, the company reported a revenue of ₹69.28 Lakh.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Espee Electricals and Maestros. As per MCA filings, the company has open charges of ₹72.29 Cr and satisfied charges of ₹33.02 Cr on record. Court records list 68 cases involving the company, including 15 filed by the company and 53 filed against it; 3 cases are pending. The company has 42 deals on record (41 market trades, 1 secondary share transfer); the latest was in June 2013. Its 10 peer companies in the Healthcare industry (Medical and Laboratory Equipment) are compared by revenue, 5 larger and 5 smaller; the largest is Genome Diagnostics Private Limited with revenue of ₹70.36 Lakh.
The last known website on record is maestros.net.
Company details
CIN history
Maestros Mediline Systems has one previous CIN (Corporate Identification Number): U65990MH1972PTC016208. The current CIN is L65990MH1972PLC016208, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L65990MH1972PLC016208 | Current |
| U65990MH1972PTC016208 | Previous |
Contact details
Maestros Mediline Systems Limited's registered office is in Navi Mumbai, Maharashtra.
- Social Media
- Registered AddressPlot No El/63 Ttc Ind Areaelectronic Zone Mahape, Navi Mumbai, Maharashtra, India – 400701
- IndustryHealthcare, Medical & Laboratory Equipment
- 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
Brands
Maestros Mediline Systems operates two associated brands: Espee Electricals and Maestros. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of transformers and electrical testing equipment in India. | espeeelectricals.com | |
| Accounting, payroll, tax, audit, and business consulting services are provided. | maestros.net |
Financials of Maestros Mediline Systems Limited
FY 2014 filings availableMaestros Mediline Systems Limited reported revenue of ₹69.28 Lakh for FY 2016.
Financial Statement Summary
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To see the full financial statements and ratios of Maestros Mediline Systems Limited, buy the company report.
Board of directors of Maestros Mediline Systems Limited
Maestros Mediline Systems has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niladri Mondal | Director | 16 Nov 2013 | 12 Years 11 Months | As last reported |
| Chitralekha Krishnakumar Menon Also directs: MMS Infrastructure Limited | Director | 06 Nov 2015 | 10 Years 11 Months | As last reported |
| Raja Elango Janardhanan Nadar Also directs: MMS Healthcare Technologies Private Limited | Additional Director | 19 Oct 2019 | 7 Years 0 Months | As last reported |
Peer comparison
Maestros Mediline Systems Limited is compared with the 10 companies closest to it by revenue in the Healthcare industry (Medical and Laboratory Equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Genome Diagnostics Private Limited | ₹70.36 Lakh (FY 2024) | -11.0% | New Delhi, Delhi, India | |||
| Packetbio Private Limited | ₹70.2 Lakh (FY 2025) | 40.0% | Bangalore, Karnataka, India | |||
| D.C.L. Dencare India Pvt Ltd | ₹70.05 Lakh (FY 2025) | 142.0% | Chandigarh, India | |||
| Amritraj Californian Medical Centre Private Limited | ₹69.74 Lakh (FY 2025) | 3.0% | Chennai, Tamil Nadu, India | |||
| Metron Innovations Private Limited | ₹69.34 Lakh (FY 2025) | 806205.0% | Hyderabad, Telangana, India | |||
| Maestros Mediline Systems Limitedthis company | ₹69.28 Lakh (FY 2016) | Navi Mumbai, Maharashtra, India | ||||
| Radmedical Private Limited | ₹69 Lakh (FY 2025) | Bhopal, Madhya Pradesh, India | ||||
| Ewinhealthcare Private Limited | ₹68.97 Lakh (FY 2023) | Jaipur, Rajasthan, India | ||||
| Fledge Healthcare Private Limited | ₹68.65 Lakh (FY 2025) | 26.0% | Chandrapur, Maharashtra, India | |||
| Diora Aesthetic India Private Limited | ₹68.57 Lakh (FY 2025) | -35.0% | Bangalore, Karnataka, India | |||
| Sarthak Medsolution India Private Limited | ₹68.5 Lakh (FY 2024) | -68.0% | Ghaziabad, Uttar Pradesh, India |
To see the full peer comparison of Maestros Mediline Systems Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Sep 2011 | 10316192 | Axis Bank Limited | ₹8 Cr | Open | |
| 08 Jun 2011 | 10294161 | Religare Finvest Limited | ₹13.75 Cr | Open | |
| 31 Mar 2009 | 10159504 | State Bank of India | ₹28.81 Cr | Open | |
| 11 Apr 2007 | 10048216 | State Bank of India | ₹15.63 Cr | Open | |
| 01 Jan 2003 | 90152152 | State Bank of India | ₹6.1 Cr | Open |
To see the full charge records of Maestros Mediline Systems Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Maestros Mediline Systems Limited has 42 deals on record (41 market trades, 1 secondary share transfer); the latest was in June 2013.
Deals on record (5 of 42)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2011 | Market trade | ₹29.5 Lakh | Seller: Satyam Silk Mills Limited |
| Jan 2010 | Market trade | ₹55 Lakh | Buyer: Astra Merchandising Private Limited Seller: Empire Ltd |
| Feb 2008 | Market trade | ₹15.3 Lakh | Buyer: Bakliwal Financial Services (India) Private Limited |
| Jan 2008 | Market trade | ₹15.4 Lakh | Buyer: Bakliwal Financial Services (India) Private Limited |
| Jan 2008 | Market trade | ₹15.8 Lakh | Buyer: Bakliwal Financial Services (India) Private Limited |
To see the full deal history of Maestros Mediline Systems 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
Maestros Mediline Systems Limited has 68 court cases on record: 15 filed by Maestros Mediline Systems, 53 filed against it. 3 cases are pending and 65 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 51 | 48 | 3 |
| High courts | 17 | 5 | 0 |
Cases on record (5 of 68)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed by the company against Religare Finvest Limited | Disposed |
| Bombay High Court | Writ petition | Filed by the company against M/S. Religare Finvest Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Religare Finvest Limited | Disposed |
| District court, Thane, Maharashtra | Court case (R.C.C.) | Filed against the company by Religare Finvest Ltd THR Sujit Shete | Disposed |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by M/S M K Precision Metal Parts Pvt Ltd THR Arun Kadam | Disposed |
To see the full case history of Maestros Mediline Systems 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
No delayed payments to MSME suppliers are on our record for Maestros Mediline Systems Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maestros Mediline Systems has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Maestros Mediline Systems Limited, buy the company report.
Recent activity
Maestros Mediline Systems Limited has 17 board changes on record since 2002: 10 appointments and 7 cessations. The latest: Raja Elango Janardhanan Nadar was appointed as Additional Director on 19 Oct 2019.
28 earlier events are in the company report.
Frequently asked questions
Maestros Mediline Systems is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Maestros Mediline Systems is a company under liquidation, formerly operating as a public limited company based in Navi Mumbai, Maharashtra, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 28 December 1972 and is registered under CIN L65990MH1972PLC016208. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Maestros Mediline Systems has 3 current directors:
- Niladri Mondal - Director
- Chitralekha Krishnakumar Menon - Director
- Raja Elango Janardhanan Nadar - Additional Director
The latest financial statements of Maestros Mediline Systems on record with the MCA are for the year ended 31 March 2014. Its last annual general meeting was held on 22 December 2014. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Maestros Mediline Systems is L65990MH1972PLC016208. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maestros Mediline Systems is recorded as a listed company by MCA, but its shares were delisted from BSE on 11 May 2018 · compulsory delisting, and no longer trade on a stock exchange.
Maestros Mediline Systems has open charges of ₹72.29 Cr and satisfied charges of ₹33.02 Cr as per latest MCA filings.
Maestros Mediline Systems has 68 court cases on record: 15 filed by the company and 53 filed against it. 3 are pending. Most are in the district courts.
Maestros Mediline Systems was incorporated on 28 December 1972. It is registered with the Registrar of Companies, Mumbai.
Maestros Mediline Systems has 42 deals on record (41 market trades, 1 secondary share transfer); the latest was in June 2013.
The peers of Maestros Mediline Systems by revenue are Genome Diagnostics Private Limited, Packetbio Private Limited, D.C.L. Dencare India Pvt Ltd, Amritraj Californian Medical Centre Private Limited, Metron Innovations Private Limited and 5 more, all in the Healthcare industry (Medical and Laboratory Equipment).
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