MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0174936
Venkatesh Medico Private Limited - pharma in Davanagere, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹78.1 Cr
▼ 8% YoY
Net loss · FY 2025
₹5.62 Cr
Net margin -7.2%
EBITDA · FY 2025
-₹1.12 Cr
EBITDA margin -1.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹12 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
104
Provident fund records
About Venkatesh Medico Private Limited
Data last updated:
Venkatesh Medico Private Limited is a private limited company based in Davanagere, Karnataka, India, a subsidiary of Ascent Wellness And Pharma Solutions Private Limited. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 26 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24304KA2017PTC106716. Its GSTIN is 29AAGCV1153J1Z4 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Malvi Kotrappa Prakash (Whole-Time Director) and Ashish Arora.
Its last annual general meeting (AGM) was held on 09 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #480 Lenin Nagar Opp. Taralabalu School Hadadi Road, Davanagere, Karnataka, India – 577004.
As per the financials filed for FY 2025, the company reported a revenue of ₹78.1 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net loss of ₹5.62 Cr (net margin -7.2%) and EBITDA of -₹1.12 Cr (EBITDA margin -1.4%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 37% over five years.
The company has about 104 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
Venkatesh Medico Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0174936). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website akp.in.
Company details
CIN U24304KA2017PTC106716
Registration Number 106716
Incorporation Date 26 September 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 09 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Ascent Wellness And Pharma Solutions Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0174936
Key People
Malvi Kotrappa Prakash Whole-Time Director Ashish Arora Director Vighnesh Mavanthoor Director Recognitions & Rankings of Venkatesh Medico
Contact details
Venkatesh Medico Private Limited's registered office is in Davanagere, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address#480 Lenin Nagar Opp. Taralabalu School Hadadi Road, Davanagere, Karnataka, India – 577004
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Venkatesh Medico Private Limited, buy the company report.
Comprehensive company report
Venkatesh Medico Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Venkatesh Medico 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 Venkatesh Medico Private Limited, buy the company report.
Financials of Venkatesh Medico Private Limited
FY 2025 filings availableVenkatesh Medico Private Limited reported revenue of ₹78.1 Cr (down 8% YoY) for FY 2025.
Revenue · FY 2025
₹78.1 Cr ▼ 8%
Net loss · FY 2025
₹5.62 Cr margin -7.2%
EBITDA · FY 2025
-₹1.12 Cr margin -1.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▼ 2%
5 years · compounded
▲ 37%
EBITDA CAGR growth
1 year
▼ 215%
3 years · compounded
▼ 33%
5 years · compounded
▼ 28%
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 37%. EBITDA fell 215% 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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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹1.12 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.62 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.4% | ||||
| Net Profit Margin | -7.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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 Venkatesh Medico Private Limited, buy the company report.
Board of directors of Venkatesh Medico Private Limited
Venkatesh Medico has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Arora Also directs: Mahaveer Medi-Sales Private Limited, Shreeji Distributors Pharma Private Limited, Ahwspl India Private Limited and 3 more | Director | 22 Apr 2024 | 2 Years 6 Months | Current |
| Vighnesh Mavanthoor Also directs: Aushad Pharma Distributors Private Limited | Director | 14 Jun 2019 | 7 Years 4 Months | Current |
| Malvi Kotrappa Prakash | Whole-Time Director | 24 Mar 2021 | 5 Years 7 Months | Current |
| Alok Kumar Jagnani Also directs: Pulse Hitech Health Services (Ghatkopar) LLP, Thyrocare Technologies Limited, Akp Healthcare Private Limited and 3 more | Additional Director | 12 Dec 2025 | 0 Years 10 Months | Current |
| Sachina Kapu Acharya Also directs: Akp Healthcare Private Limited, SRG Healthcare Private Limited, Mediworld Pharma Private Limited and 1 more | Additional Director | 12 Dec 2025 | 0 Years 10 Months | Current |
Peer comparison
Venkatesh Medico Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Orno India Solution Private Limited | ₹78.18 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India | |||
| Adjavis Venture Limited | ₹78.18 Cr (FY 2025) | 16.0% | Ahmedabad, Gujarat, India | |||
| Insco Steels Private Limited | ₹78.11 Cr (FY 2023) | 29.0% | Mumbai, Maharashtra, India | |||
| Rashmi Auto Udyog Private Limited | ₹78.11 Cr (FY 2024) | 15.0% | Cuttack, Odisha, India | |||
| Sunlight Sports Global Private Limited | ₹78.1 Cr (FY 2025) | 97.0% | New Delhi, Delhi, India | |||
| Venkatesh Medico Private Limitedthis company | ₹78.1 Cr (FY 2025) | -₹5.62 Cr | -7.2% | -8.0% | 104 | Davanagere, Karnataka, India |
| Hari Motors Private Limited | ₹78.08 Cr (FY 2025) | 3.0% | Balasore, Odisha, India | |||
| H H Traders P.Ltd. | ₹78.05 Cr (FY 2025) | -38.0% | Ulhasnagar, Maharashtra, India | |||
| El Tech Power System Private Limited | ₹78.01 Cr (FY 2025) | 14.0% | Chennai, Tamil Nadu, India | |||
| Changfang Semiconductor Private Limited | ₹77.95 Cr (FY 2024) | 14.0% | Noida, Uttar Pradesh, India | |||
| MDPK India Private Limited | ₹77.94 Cr (FY 2025) | 353.0% | Delhi, India |
To see the full peer comparison of Venkatesh Medico Private Limited, buy the company report.
Auditor
Venkatesh Medico Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2021 | 012754N/N500016 |
Shareholding
The shareholding of Venkatesh Medico Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Venkatesh Medico Private Limited, buy the company report.
Charges & borrowings
Open charges
₹12 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Oct 2022 | 100623492 | Hdfc Bank Limited | ₹12 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Venkatesh Medico Private Limited has 2 court cases on record: 2 filed by Venkatesh Medico. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, DAVANGERE, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, DAVANGERE, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Venkatesh Medico 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 Venkatesh Medico Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Venkatesh Medico Private Limited has a workforce of 104 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
104
Active EPFO establishments
1
Employee growth
1.96%
GST
Venkatesh Medico has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCV1153J1Z4 | Karnataka | Active | 23 Mar 2019 |
To see the full GST registrations and return filing status of Venkatesh Medico Private Limited, buy the company report.
Recent activity
Venkatesh Medico Private Limited has 11 board changes on record since 2019: 5 appointments and 6 cessations. The latest: Alok Kumar Jagnani was appointed as Additional Director on 12 Dec 2025.
Appointed
Alok Kumar Jagnani was appointed as Additional Director.
Appointed
Sachina Kapu Acharya was appointed as Additional Director.
AGM
Venkatesh Medico Private Limited last Annual general meeting of members was held on 09 Sep 2025 as per latest MCA records.
Filing
Venkatesh Medico Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Ashish Arora ceased to be Additional Director.
Appointed
Ashish Arora was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,200.00 Lakh with Charge ID 100623492 was registered on 11 Oct 2022.
Ceased
Malvi Kotrappa Prakash ceased to be Additional Director.
Appointed
Malvi Kotrappa Prakash was appointed as Whole-Time Director.
Ceased
Milind Pattarkine ceased to be Additional Director.
Ceased
Vighnesh Mavanthoor ceased to be Additional Director.
Ceased
Basavaraju Gurupadappa Hedni ceased to be Director.
3 earlier events are in the company report.
Frequently asked questions
Venkatesh Medico is an active private limited company based in Davanagere, Karnataka, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 26 September 2017 (9+ years old) and is registered under CIN U24304KA2017PTC106716.
Venkatesh Medico has 5 current directors:
- Malvi Kotrappa Prakash - Whole-Time Director
- Ashish Arora - Director
- Vighnesh Mavanthoor - Director
- Alok Kumar Jagnani - Additional Director
- Sachina Kapu Acharya - Additional Director
The latest financial statements of Venkatesh Medico on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 09 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Venkatesh Medico is 29AAGCV1153J1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of Venkatesh Medico is U24304KA2017PTC106716. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Venkatesh Medico has 2 court cases on record: 2 filed by the company. 1 is pending.
Venkatesh Medico was incorporated on 26 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Venkatesh Medico by revenue are Orno India Solution Private Limited, Adjavis Venture Limited, Insco Steels Private Limited, Rashmi Auto Udyog Private Limited, Sunlight Sports Global Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Alok Kumar Jagnani was appointed as Additional Director on 12 Dec 2025. Sachina Kapu Acharya was appointed as Additional Director on 12 Dec 2025. Ashish Arora ceased to be Additional Director on 27 Sep 2024. Venkatesh Medico has 11 board changes on record in total.
Yes, Venkatesh Medico is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0174936).
Venkatesh Medico can be reached through the website akp.in. Its registered office is in Davanagere, Karnataka, India.
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