Veol Medical Technologies Private Limited

Veol Medical Technologies Private Limited - healthcare in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U73100MH2008PTC187836 Incorporated 29 October 2008 ROC Mumbai HQ Navi Mumbai, Maharashtra, India
Active Private Limited Company healthcare MSME · Small
Data last updated
Revenue · FY 2025
₹33.74 Cr
▲ 27% YoY
Net profit · FY 2025
₹2.78 Cr
Net margin 8.2%
EBITDA · FY 2025
₹4.09 Cr
EBITDA margin 12.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹8.32 Lakh
Issued & subscribed
Open charges
₹90 Lakh
Satisfied ₹1.8 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
82
Provident fund records

About Veol Medical Technologies Private Limited

Data last updated:

Veol Medical Technologies Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 29 October 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U73100MH2008PTC187836. Its GSTIN is 27AACCV8666Q1ZA (Maharashtra).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.32 Lakh. It was formerly known as Veol Labs Private Limited. It is led by directors including Mangesh Ratnakar Patankar (Managing Director) and Shruti Kumari.

Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 747 Near Pavan Bus Stop MIDC Pawane Ttc Industrial Area Kopark, Navi Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹33.74 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹2.78 Cr (net margin 8.2%) and EBITDA of ₹4.09 Cr (EBITDA margin 12.1%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 34% over five years.

The company has about 82 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Veol Medical Technologies. As per MCA filings, the company has open charges of ₹90 Lakh and satisfied charges of ₹1.8 Cr on record. Court records list 11 cases involving the company, including 7 filed by the company and 4 filed against it; 3 cases are pending. The company has 11 deals on record (5 rights issues, 3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹2.09 Cr; the latest was in October 2020. Its 3 peer companies in the Healthcare industry (Medical and Laboratory Equipment), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 3 smaller; the largest is Siora Surgicals Pvt.Ltd. with revenue of ₹33.65 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 8 overdue payments to 7 micro and small suppliers.

Veol Medical Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-27-0022060). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veolmedtech.com.

Company details

CIN U73100MH2008PTC187836
Registration Number 187836
Incorporation Date 29 October 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-27-0022060
Key People
Mangesh Ratnakar Patankar Managing Director Shruti Kumari Director Manoj Govind Kurlekar Director

Recognitions & Rankings of Veol Medical Technologies

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-27-0022060

Contact details

Veol Medical Technologies Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is veolmedtech.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    veolmedtech.com
  • Social Media
  • Registered Address
    A – 747 Near Pavan Bus Stop MIDC Pawane Ttc Industrial Area Koparkh, Airane, Navi Mumbai, Maharashtra, India – 400705
  • Industry
    Healthcare, Medical & Laboratory Equipment

To see the full contact details of Veol Medical Technologies Private Limited, buy the company report.

Comprehensive company report
Veol Medical Technologies 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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Brands

Veol Medical Technologies operates one associated brand: Veol Medical Technologies. Each brand links to its own profile.

BrandDescriptionWebsite
Veol Medical Technologies
Medical devices and services in minimally invasive gynecology, focusing on surgical instruments and training systems.veollabs.com

Business activity

The main business activities of Veol Medical Technologies are manufacturing and professional, scientific and technical. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and scientific research and development. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities
MProfessional, Scientific and TechnicalM5Scientific research and development

To see the full business activity and turnover split of Veol Medical Technologies Private Limited, buy the company report.

Financials of Veol Medical Technologies Private Limited

FY 2025 filings available

Veol Medical Technologies Private Limited reported revenue of ₹33.74 Cr (up 27% YoY) for FY 2025.

Revenue · FY 2025
₹33.74 Cr ▲ 27%
Net profit · FY 2025
₹2.78 Cr margin 8.2%
EBITDA · FY 2025
₹4.09 Cr margin 12.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 31%
5 years · compounded
▲ 34%
EBITDA CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 43%
5 years · compounded
▲ 43%

Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 27% growth in the latest year. EBITDA rose 35% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹4.09 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.78 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin12.1%
Net Profit Margin8.2%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
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 Veol Medical Technologies Private Limited, buy the company report.

Board of directors of Veol Medical Technologies Private Limited

Veol Medical Technologies has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shruti KumariDirector09 Apr 201610 Years 6 MonthsCurrent
Manoj Govind KurlekarDirector06 Sep 20197 Years 1 MonthsCurrent
Mangesh Ratnakar Patankar
Also directs: German Diagnostics and Research Centre Private Limited
Managing Director07 Sep 20206 Years 1 MonthsCurrent
View all directors

Peer comparison

Veol Medical Technologies Private Limited is compared with the 3 companies closest to it by revenue in the Healthcare industry (Medical and Laboratory Equipment), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Veol Medical Technologies Private Limitedthis company₹33.74 Cr (FY 2025)₹2.78 Cr8.2%27.0%82Navi Mumbai, Maharashtra, India
Siora Surgicals Pvt.Ltd.₹33.65 Cr (FY 2025)7.0%New Delhi, Delhi, India
Baijnath Jewels Private Limited₹33.33 Cr (FY 2024)6.0%Kanpur, Uttar Pradesh, India
Macrad Medicals Private Limited₹33.22 Cr (FY 2024)58.0%Delhi, India

To see the full peer comparison of Veol Medical Technologies Private Limited, buy the company report.

Auditor

Veol Medical Technologies Private Limited is audited by RAHUL BAJAJ &CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
RAHUL BAJAJ &CO.FY 2023126422W

Shareholding

The shareholding of Veol Medical Technologies 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Veol Medical Technologies Private Limited, buy the company report.

Charges & borrowings

Open charges
₹90 Lakh
Satisfied charges
₹1.8 Cr
Breakdown by lending institutions
Others₹0.90 Cr
Hdfc Bank Limited₹0.90 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Aug 2016100051793Others₹90 LakhSatisfied
11 Nov 201010258953Hdfc Bank Limited₹90 LakhSatisfied

To see the full charge records of Veol Medical Technologies Private Limited, buy the company report.

Total charge records: 2 View all charges

Deals & funding

Veol Medical Technologies Private Limited has 11 deals on record (5 rights issues, 3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹2.09 Cr; the latest was in October 2020.

Total deals
11
Rights issues
5
Funding rounds
3
Secondary share transfers
3
Disclosed funding
₹2.09 Cr

Deals on record (5 of 11)

WhenDealAmountParties
Oct 2020Rights issue₹54 LakhInvestors: Connimed Concepts Inc, Rahini Financial Private Limited, 2 individuals
Oct 2020Secondary share transferUndisclosedBuyer: Rahini Financial Private Limited, 3 individuals
Seller: an individual
Jul 2018Secondary share transferUndisclosedBuyer: Connimed Concepts Inc, 3 individuals
Seller: 2 individuals
Apr 2017Rights issue₹67.3 LakhInvestors: Connimed Concepts Inc, 3 individuals
Sep 2015Rights issue₹41.5 LakhInvestors: Connimed Concepts Inc

To see the full deal history of Veol Medical Technologies Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Veol Medical Technologies Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 8 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 7)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
Mitatronics
Microtrol Sterilisation Services Pvt.Ltd.
Modern Apparels

To see the full MSME payment records of Veol Medical Technologies Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Veol Medical Technologies Private Limited has a workforce of 82 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.

Employee count
82
Active EPFO establishments
1
Employee growth
17.14%

GST

Veol Medical Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AACCV8666Q1ZAMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Veol Medical Technologies Private Limited, buy the company report.

Recent activity

Veol Medical Technologies Private Limited has 10 board changes on record since 2009: 3 appointments and 7 cessations. The latest: Kevin John Norris ceased to be Director on 31 Mar 2021.

AGM
Veol Medical Technologies Private Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Charges
A charge registered on 11 Nov 2010 via Charge ID 10258953 with Hdfc Bank Limited was fully satisfied on 30 Jun 2025.
Charges
A charge registered on 26 Aug 2016 via Charge ID 100051793 with Others was fully satisfied on 06 May 2025.
Filing
Veol Medical Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Kevin John Norris ceased to be Director.
Appointed
Mangesh Ratnakar Patankar was appointed as Managing Director.
Ceased
Manoj Govind Kurlekar ceased to be Additional Director.
Appointed
Manoj Govind Kurlekar was appointed as Director.
Ceased
Jitendra Madhava Hegde ceased to be Director.
Ceased
Shruti Kumari ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 90.00 Lakh with Charge ID 100051793 was registered on 26 Aug 2016.
Appointed
Shruti Kumari was appointed as Director.

6 earlier events are in the company report.

Frequently asked questions

Veol Medical Technologies is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 29 October 2008 (18+ years old) and is registered under CIN U73100MH2008PTC187836.

Veol Medical Technologies has 3 current directors:

The latest financial statements of Veol Medical Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Veol Medical Technologies is 27AACCV8666Q1ZA, registered in Maharashtra.

The CIN (Corporate Identification Number) of Veol Medical Technologies is U73100MH2008PTC187836. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Veol Medical Technologies has 11 court cases on record: 7 filed by the company and 4 filed against it. 3 are pending. Most are in the district courts.

Veol Medical Technologies was incorporated on 29 October 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.

Veol Medical Technologies has 11 deals on record (5 rights issues, 3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹2.09 Cr; the latest was in October 2020.

The peers of Veol Medical Technologies by revenue are Siora Surgicals Pvt.Ltd, Baijnath Jewels Private Limited, Macrad Medicals Private Limited, all in the Healthcare industry (Medical and Laboratory Equipment), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).

Kevin John Norris ceased to be Director on 31 Mar 2021. Mangesh Ratnakar Patankar was appointed as Managing Director on 07 Sep 2020. Manoj Govind Kurlekar ceased to be Additional Director on 30 Sep 2019. Veol Medical Technologies has 10 board changes on record in total.

Yes, Veol Medical Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-MH-27-0022060).

Veol Medical Technologies has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 8 overdue payments to 7 micro and small suppliers. The latest return was filed on 21 May 2019.