- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-20-0010236

About Signa Medi Solutions Private Limited
Data last updated:
Signa Medi Solutions Private Limited is a private limited company based in Chandigarh, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 28 June 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U24100CH2013PTC034576. Its GSTIN is 02AATCS3164M1ZX (Himachal Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Atul Garg and Mala Garg.
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 House No – 5814 Sector – 38 West, Chandigarh, India – 160038.
As per the financials filed for FY 2024, the company reported a revenue of ₹35.83 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹7.06 Lakh (net margin 0.2%) and EBITDA of ₹36.2 Lakh (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years and 35% over five years.
As per MCA filings, the company has open charges of ₹5.11 Cr on record. Court records list 13 cases involving the company, including 9 filed by the company and 4 filed against it; 9 cases are pending.
Signa Medi Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-20-0010236). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website signaindia.com.
Company details
Recognitions & Rankings of Signa Medi Solutions
Contact details
Signa Medi Solutions Private Limited's registered office is in Chandigarh, Chandigarh. Its website is signaindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHouse No – 5814 Sector – 38 West, Chandigarh, India – 160038
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Signa Medi Solutions 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 Signa Medi Solutions is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Signa Medi Solutions Private Limited, buy the company report.
Financials of Signa Medi Solutions Private Limited
FY 2024 filings availableSigna Medi Solutions Private Limited reported revenue of ₹35.83 Cr (up 42% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 42% growth in the latest year. EBITDA fell 17% 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 | ₹36.2 Lakh | ||||
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| Net Profit (PAT) | ₹7.06 Lakh | ||||
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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 | 1% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of Signa Medi Solutions Private Limited, buy the company report.
Board of directors of Signa Medi Solutions Private Limited
Signa Medi Solutions has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atul Garg Also directs: Be Pellets Limited | Director | 28 Jun 2013 | 13 Years 4 Months | Current |
| Mala Garg Also directs: Be Pellets Limited | Director | 15 Jul 2020 | 6 Years 3 Months | Current |
| Pankaj Gupta Also directs: Be Pellets Limited | Director | 15 Jul 2020 | 6 Years 3 Months | Current |
| Pankila Gupta Also directs: Be Pellets Limited | Director | 28 Jun 2013 | 13 Years 4 Months | Current |
Auditor
Signa Medi Solutions Private Limited is audited by AARYAA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AARYAA & ASSOCIATES | FY 2023 | 015935N |
Shareholding
The shareholding of Signa Medi Solutions 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 Signa Medi Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Oct 2022 | 100628285 | Others | ₹4.95 Cr | Open | |
| 30 Jul 2019 | 100283628 | Axis Bank Limited | ₹15.95 Lakh | Open |
To see the full charge records of Signa Medi Solutions Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Signa Medi Solutions Private Limited has 13 court cases on record: 9 filed by Signa Medi Solutions, 4 filed against it. 9 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 4 | 9 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Cheque dishonour complaint | Filed by the company against Elfin Drugs Pvt Ltd and 1 other | Pending |
| District court, Chandigarh | Cheque dishonour complaint | Filed by the company against Chalice Vitalchem Pvt Ltd and 1 other | Pending |
| District court, Chandigarh | Cheque dishonour complaint | Filed by the company against Chalice Vitalchem Pvt Ltd | Pending |
| District court, Chandigarh | Cheque dishonour complaint | Filed by the company against Vishal Corporation and 1 other | Pending |
| District court, Hyderabad Central, Telangana | Court case (CC - NI) | Filed against the company by M/S Cornileus Pharmaceuticals Rep by Mr I.V Ramesh Kumar | Pending |
To see the full case history of Signa Medi Solutions 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
No delayed payments to MSME suppliers are on our record for Signa Medi Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Signa Medi Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AATCS3164M1ZX | Himachal Pradesh | Active | 01 Jul 2017 |
| 03AATCS3164M1ZV | Punjab | Active | 15 Jan 2018 |
To see the full GST registrations and return filing status of Signa Medi Solutions Private Limited, buy the company report.
Recent activity
Signa Medi Solutions Private Limited has 5 board changes on record since 2013: 4 appointments and 1 cessation. The latest: Amit Mittal ceased to be Director on 15 Jul 2020.
Frequently asked questions
Signa Medi Solutions is an active private limited company based in Chandigarh, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 28 June 2013 (13+ years old) and is registered under CIN U24100CH2013PTC034576.
Signa Medi Solutions has 4 current directors:
- Atul Garg - Director
- Mala Garg - Director
- Pankaj Gupta - Director
- Pankila Gupta - Director
The latest financial statements of Signa Medi Solutions 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 Signa Medi Solutions is 02AATCS3164M1ZX, registered in Himachal Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 03AATCS3164M1ZV (Punjab).
The CIN (Corporate Identification Number) of Signa Medi Solutions is U24100CH2013PTC034576. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Signa Medi Solutions has 13 court cases on record: 9 filed by the company and 4 filed against it. 9 are pending.
Signa Medi Solutions was incorporated on 28 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chandigarh.
Amit Mittal ceased to be Director on 15 Jul 2020. Mala Garg was appointed as Director on 15 Jul 2020. Pankaj Gupta was appointed as Director on 15 Jul 2020. Signa Medi Solutions has 5 board changes on record in total.
Yes, Signa Medi Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-PB-20-0010236).
Signa Medi Solutions can be reached through the website signaindia.com. Its registered office is in Chandigarh, India.