Vasavi Medicare Solutions Private Limited
About Vasavi Medicare Solutions Private Limited
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Vasavi Medicare Solutions Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India, a subsidiary of Entero Healthcare Solutions Limited. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 20 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U51909TZ2019PTC031869. Its GSTIN is 33AAGCV8554R1ZG (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sundaramoorthy Baskar (Whole-Time Director) and Shashwat Nigam.
Its last annual general meeting (AGM) was held on 16 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D. No. 118 Sulivan Street, Coimbatore, Tamil Nadu, India – 641001.
As per the financials filed for FY 2025, the company reported a revenue of ₹128.66 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹1.68 Cr (net margin 1.3%) and EBITDA of ₹5.09 Cr (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 26% over five years.
The company has about 97 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.5 Cr and satisfied charges of ₹15 Cr on record. The company has 2 deals on record (1 secondary share transfer, 1 convertible or debt financing), with disclosed funding of ₹12.3 Cr; the latest was in September 2025. Its 7 peer companies in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 5 larger and 2 smaller; the largest is R.S. Surgipharm Private Limited with revenue of ₹134.47 Cr.
Company details
Contact details
Vasavi Medicare Solutions Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD. No. 118 Sulivan Street, Coimbatore, Tamil Nadu, India – 641001
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Vasavi Medicare 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 Vasavi Medicare Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Vasavi Medicare Solutions Private Limited, buy the company report.
Financials of Vasavi Medicare Solutions Private Limited
FY 2025 filings availableVasavi Medicare Solutions Private Limited reported revenue of ₹128.66 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 20% growth in the latest year. EBITDA rose 119% 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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| EBITDA | ₹5.09 Cr | ||||
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| Net Profit (PAT) | ₹1.68 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 4% | ||||
| Net Profit Margin | 1.3% | ||||
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To see the full financial statements and ratios of Vasavi Medicare Solutions Private Limited, buy the company report.
Board of directors of Vasavi Medicare Solutions Private Limited
Vasavi Medicare Solutions has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashwat Nigam | Director | 14 Aug 2023 | 3 Years 2 Months | Current |
| Abhitesh Kumar Also directs: SVS Lifesciences Private Limited, City Pharma Distributors Private Limited, Chhabra Healthcare Solutions Private Limited and 5 more | Director | 11 Nov 2024 | 1 Years 11 Months | Current |
| Sundaramoorthy Baskar | Whole-Time Director | 11 Mar 2021 | 5 Years 7 Months | Current |
| Ravindrakumar Prashanth | Director | 20 Mar 2019 | 7 Years 7 Months | Current |
Peer comparison
Vasavi Medicare Solutions Private Limited is compared with the 7 companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| R.S. Surgipharm Private Limited | ₹134.47 Cr (FY 2025) | 32.0% | Gujarat, India | |||
| Shivanitin Agencies Private Limited | ₹132.83 Cr (FY 2025) | 50.0% | Dehradun, Uttarakhand, India | |||
| Signova Pharma Private Limited | ₹130.91 Cr (FY 2025) | 0.0% | Guwahati, Assam, India | |||
| Milton Lifecare Private Limited | ₹130.32 Cr (FY 2024) | 37.0% | Mumbai, Maharashtra, India | |||
| Oceanic Techno Chem Private Limited | ₹128.85 Cr (FY 2025) | 57.0% | Mumbai, Maharashtra, India | |||
| Vasavi Medicare Solutions Private Limitedthis company | ₹128.66 Cr (FY 2025) | ₹1.68 Cr | 1.3% | 20.0% | 97 | Coimbatore, Tamil Nadu, India |
| Aiocd Pharma Limited | ₹127.15 Cr (FY 2025) | 17.0% | Mumbai, Maharashtra, India | |||
| Kyal Agencies Private Limited | ₹127.04 Cr (FY 2025) | 14.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of Vasavi Medicare Solutions Private Limited, buy the company report.
Auditor
Vasavi Medicare Solutions Private Limited is audited by M S K A & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & Associates | FY 2023 | 105047W |
Shareholding
The shareholding of Vasavi Medicare Solutions Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Vasavi Medicare Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Aug 2023 | 100770798 | Others | ₹11.5 Cr | Open | |
| 15 Apr 2021 | 100442085 | Others | ₹15 Cr | Satisfied |
To see the full charge records of Vasavi Medicare Solutions Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Vasavi Medicare Solutions Private Limited has 2 deals on record (1 secondary share transfer, 1 convertible or debt financing), with disclosed funding of ₹12.3 Cr; the latest was in September 2025.
Deals on record (1 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2019 | Secondary share transfer | Undisclosed | Buyer: Entero Healthcare Solutions Private Limited & Prabhat Agarwal, Entero Healthcare Solutions Private Limited Seller: 2 individuals |
To see the full deal history of Vasavi Medicare Solutions 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
No court or tribunal cases involving Vasavi Medicare Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vasavi Medicare Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vasavi Medicare Solutions Private Limited has a workforce of 97 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Vasavi Medicare Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCV8554R1ZG | Tamil Nadu | Active | 13 Apr 2019 |
To see the full GST registrations and return filing status of Vasavi Medicare Solutions Private Limited, buy the company report.
Recent activity
Vasavi Medicare Solutions Private Limited has 11 board changes on record since 2019: 4 appointments and 7 cessations. The latest: Abhitesh Kumar was appointed as Director on 11 Nov 2024.
6 earlier events are in the company report.
Frequently asked questions
Vasavi Medicare Solutions is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 20 March 2019 (7+ years old) and is registered under CIN U51909TZ2019PTC031869.
Vasavi Medicare Solutions has 4 current directors:
- Sundaramoorthy Baskar - Whole-Time Director
- Shashwat Nigam - Director
- Abhitesh Kumar - Director
- Ravindrakumar Prashanth - Director
The latest financial statements of Vasavi Medicare Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Vasavi Medicare Solutions is 33AAGCV8554R1ZG, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Vasavi Medicare Solutions is U51909TZ2019PTC031869. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vasavi Medicare Solutions was incorporated on 20 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Coimbatore.
Vasavi Medicare Solutions has 2 deals on record (1 secondary share transfer, 1 convertible or debt financing), with disclosed funding of ₹12.3 Cr; the latest was in September 2025.
The peers of Vasavi Medicare Solutions by revenue are R.S. Surgipharm Private Limited, Shivanitin Agencies Private Limited, Signova Pharma Private Limited, Milton Lifecare Private Limited, Oceanic Techno Chem Private Limited and 2 more, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Abhitesh Kumar was appointed as Director on 11 Nov 2024. Shashwat Nigam ceased to be Additional Director on 27 Sep 2024. Shashwat Nigam was appointed as Director on 14 Aug 2023. Vasavi Medicare Solutions has 11 board changes on record in total.
The registered office of Vasavi Medicare Solutions is at D. No. 118 Sulivan Street, Coimbatore, Tamil Nadu, India – 641001.
Vasavi Medicare Solutions operates in the pharma industry, in the pharmaceutical retailers and distributors segment.