Vasavi Medicare Solutions Private Limited Company Logo

Vasavi Medicare Solutions Private Limited - Company Profile

It is a pharma private limited company based in Coimbatore, Tamil Nadu, India, established in 2019.

2019 | Coimbatore, Tamil Nadu, India | Active
Last Updated:

About Vasavi Medicare Solutions Private Limited

Vasavi Medicare Solutions Private Limited, a active private limited company, was established on 20 March 2019 in Coimbatore, Tamil Nadu, India. Engaging in pharmaceutical retailers & distributors within the trade sector, it holds CIN: U51909TZ2019PTC031869. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.10 M.

Employing 97 professional, Its leadership includes Abhitesh Kumar (Additional Director), Sundaramoorthy Baskar (Whole-Time Director), Prem Sethi (Director). Past directors included Shashwat Nigam, Abhitesh Kumar, Sundaramoorthy Baskar. It holds ₹11.50 Cr open charges and ₹15.00 Cr settled loans. Its latest AGM occurred on 28 September 2024, with the balance sheet filed on 31 March 2024. It is based at D. No. 118 Sulivan Street, Coimbatore, Tamil Nadu, 641001.

Company Details

  • CIN/LLPIN

    U51909TZ2019PTC031869

  • Registration Number

    031869

  • Incorporation Date

    20 March 2019

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.50 Cr
  • Satisfied Charges ₹ 15.00 Cr
  • Revenue Growth 30.70%
  • Profit Growth -279.23%
  • Ebitda -18.43%
  • Net Worth -344.94%
  • Total Assets 14.35%
Company report

Vasavi Medicare Solutions Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Vasavi Medicare Solutions Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Vasavi Medicare Solutions Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Abhitesh KumarAdditional Director11 Nov 2024Current
Sundaramoorthy BaskarWhole-Time Director11 Mar 2021Current
Prem SethiDirector31 May 2019Current
Ravindrakumar PrashanthDirector20 Mar 2019Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director27 Sep 2024Past
Pramod AbcsddAdditional Director29 Dec 2020Past
Pramod AbcsddAdditional Director30 Nov 2021Past
Pramod AbcsddAdditional Director29 Dec 2020Past
Pramod AbcsddAdditional Director16 Mar 2020Past
Pramod AbcsddDirector31 May 2019Past

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Financial Performance of Vasavi Medicare Solutions.

Vasavi Medicare Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.7% increase. The company also saw a substantial fall in profitability, with a 279.23% decrease in profit. The company's net worth observed a substantial decline by a decrease of 344.94%.

Vasavi Medicare Solutions revenue growth over time
Vasavi Medicare Solutions profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
30.70%
Revenue from Operations
30.78%
Total Assets
14.35%
Profit or Loss
-279.23%
Net Worth
-344.94%
EBITDA
-18.43%

What is the Ownership and Shareholding Structure of Vasavi Medicare Solutions?

In 2023, Vasavi Medicare Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹115,000,000.00

Satisfied Charges

₹150,000,000.00

Charges Breakdown by Lending Institutions

  • Others : 11.50 Cr

Latest Charge Details

DateLenderAmountStatus
09 Aug 2023Others₹11.50 CrOpen
15 Apr 2021Others₹15.00 CrSatisfied

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How Many Employees Work at Vasavi Medicare Solutions?

Vasavi Medicare Solutions has a workforce of 97 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Vasavi Medicare Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vasavi Medicare Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Vasavi Medicare Solutions's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Vasavi Medicare Solutions

Recent Activity within the Organization

  • Director Appointment

    Abhitesh Kumar was appointed as a Additional Director was appointed as a Additional Director on 11 Nov 2024 & has been associated with this company since 1 year 20 days . was recorded as a recent event.

  • Annual General Meeting

    The activity Vasavi Medicare Solutions Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Vasavi Medicare Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was recorded as a recent event.

  • Charges

    Progress on A charge with Others of Rs. 115.00 M registered on 09 Aug 2023 with Charge ID 100770798 was modified on 07 Feb 2024. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 115.00 M with Charge ID 100770798 was registered on 09 Aug 2023. was completed.

  • Charges

    Progress on A charge registered on 15 Apr 2021 via Charge ID 100442085 with Others was fully satisfied on 07 Aug 2023. was documented.

Frequently Asked Questions

  • What is the CIN of Vasavi Medicare Solutions Private Limited?

    The CIN of Vasavi Medicare Solutions Private Limited is U51909TZ2019PTC031869.

  • Where is Vasavi Medicare Solutions Private Limited headquartered?

    Vasavi Medicare Solutions Private Limited is headquartered at D. No. 118 Sulivan Street, Coimbatore, Tamil Nadu, 641001.

  • When was Vasavi Medicare Solutions Private Limited incorporated?

    Vasavi Medicare Solutions Private Limited was incorporated on 20 March 2019.

  • Who are the current directors of Vasavi Medicare Solutions Private Limited?

    The current directors of Vasavi Medicare Solutions Private Limited are

  • What is the primary industry of Vasavi Medicare Solutions Private Limited?

    The primary industry of Vasavi Medicare Solutions Private Limited is Trade.

  • Is Vasavi Medicare Solutions Private Limited a listed company?

    Vasavi Medicare Solutions Private Limited is unlisted.

  • What is the capital structure of Vasavi Medicare Solutions Private Limited?

    The authorized capital of Vasavi Medicare Solutions Private Limited is ₹1.00 M, and the paid-up capital is ₹0.10 M.

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