About Vim Meditech Private Limited
Data last updated:
Vim Meditech Private Limited is a private limited company based in Ahmadabad City, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 15 March 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U33100GJ1994PTC021547. Its GSTIN is 24AAACV6290N1ZW (Gujarat).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.14 Cr. It was formerly known as Vim Coats Pvt Ltd. It is led by directors Dasharathbhai Ambalal Patel and Patel Dineshkumar Somabhai.
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 Ahmadabad City, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹53.98 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹23.74 Lakh (net margin 0.4%) and EBITDA of ₹10.28 Cr (EBITDA margin 19%). Revenue has grown at a compounded annual rate (CAGR) of 327% over three years.
The company has about 54 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vim Meditech. As per MCA filings, the company has open charges of ₹50 Cr and satisfied charges of ₹65 Lakh on record. Court records list 9 cases involving the company, including 2 filed by the company and 6 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vimmeditech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressBlock A Office No. 112B Ganesh Meridian, Opp High Court Sg Highway Ghatlodia, Ahmadabad City, Gujarat, India – 380061
- IndustryPharma, Drug Formulation & Development
- 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
- One PDF report, delivered after checkout
Business Activity of Vim Meditech Private Limited
The main business activity of Vim Meditech is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Vim Meditech Private Limited FY 2024 filings available
Vim Meditech Private Limited reported revenue of ₹53.98 Cr (up 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Vim Meditech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 327% over three years, including 13% growth in the latest year. EBITDA rose 6% 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 of Vim Meditech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹10.28 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹23.74 Lakh | •••• | •••• | •••• | •••• |
| 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 of Vim Meditech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Vim Meditech are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Vim Meditech Private Limited
Vim Meditech Private Limited is compared with the companies closest to it by revenue in the Pharma industry (Formulations). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prahem Laboratories LLP | ₹54.97 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| Kamla Lifesciences Limited | ₹54.89 Cr (FY 2024) | •••• | •••• | 115.0% | •••• | Boisar, Maharashtra, India |
| KRS Pharmaceuticals Private Limited | ₹54.79 Cr (FY 2025) | •••• | •••• | 60.0% | •••• | Hyderabad, Telangana, India |
| Zandra Life Sciences Private Limited | ₹54.64 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| Trimurti Distributors Private Limited | ₹54.27 Cr (FY 2025) | •••• | •••• | 1652.0% | •••• | Jalgaon, Maharashtra, India |
| Vim Meditech Private Limited this company | ₹53.98 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Ahmadabad City, Gujarat, India |
| Vital Healthcare Private Limited | ₹53.97 Cr (FY 2024) | •••• | •••• | 221.0% | •••• | Mumbai, Maharashtra, India |
| Akriti Pharmaceuticals Private Limited | ₹53.84 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Thane West, Maharashtra, India |
| Rasino Herbs Private Limited | ₹53.81 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Vardhaman Remedies Private Limited | ₹53.36 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| Sanpras Healthcare Private Limited | ₹53.35 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Sinnar, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Vim Meditech by revenue in the Pharma industry (Formulations), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Vim Meditech Private Limited
Vim Meditech Private Limited is audited by AJAY PATNI & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AJAY PATNI & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Vim Meditech Private Limited
Vim Meditech has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dasharathbhai Ambalal Patel Also directs: Ruja Impex Private Limited | Director | 09 Mar 2024 | 2 Years 6 Months | Current |
| Patel Dineshkumar Somabhai Also directs: Bhalco Aluminium Limited | Director | 12 Dec 2025 | 0 Years 9 Months | Current |
Ownership and Shareholding of Vim Meditech Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Vim Meditech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Dec 2020 | Others | ₹50 Cr | Open |
| 18 Dec 2008 | The Co Op Bank of Mehsana Ltd | ₹45 Lakh | Satisfied |
| 22 May 2006 | The Cooperative Bank of Mehasana | ₹20 Lakh | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Vim Meditech Private Limited
Vim Meditech Private Limited has 9 court cases on record: 2 filed by Vim Meditech, 6 filed against it, 1 where it is another party. 6 cases are pending and 3 are disposed. Status as checked between 21 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 4 |
| NCLAT | 2 | 2 | 0 |
| High courts | 2 | 0 | 2 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Welnit Tradelink Private Limited | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Welnit Tradelink Private Limited | Pending |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by Welnit Tradelink Private Limited | Disposed |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by Welnit Tradelink Private Limited | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against Authorised Officer the Mehsana Urban Co-Operative Bank Ltd | Pending |
Full case history
All 9 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Vim Meditech Private Limited
Vim Meditech operates one associated brand: Vim Meditech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specializes in developing and manufacturing innovative parenteral drug delivery systems and sterile injectables. | vimmeditech.com |
Employees and EPFO Compliance at Vim Meditech Private Limited
Vim Meditech Private Limited has a workforce of 54 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Vim Meditech Private Limited
Vim Meditech has one previous CIN (Corporate Identification Number): U24229GJ1994PTC021547. The current CIN is U33100GJ1994PTC021547, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U33100GJ1994PTC021547 | Current |
| U24229GJ1994PTC021547 | Previous |
Recent Activity on Vim Meditech Private Limited
Vim Meditech Private Limited has 14 board changes on record since 2013: 3 appointments and 11 cessations. The latest: Patel Dineshkumar Somabhai was appointed as Director on 12 Dec 2025.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Vim Meditech Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Vim Meditech Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Vim Meditech Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Vim Meditech Private Limited
Vim Meditech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACV6290N1ZW | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Vim Meditech Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Vim Meditech Private Limited
Vim Meditech is an active private limited company based in Ahmadabad City, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 15 March 1994 (32+ years old) and is registered under CIN U33100GJ1994PTC021547.
Vim Meditech reported revenue of ₹53.98 Cr for FY 2024 (up 13% YoY).
Vim Meditech has 2 current directors:
- Dasharathbhai Ambalal Patel - Director
- Patel Dineshkumar Somabhai - Director
Vim Meditech reported a net profit of ₹23.74 Lakh (net margin 0.4%) and EBITDA of ₹10.28 Cr (EBITDA margin 19%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vim Meditech is 327% over three years. In the latest year (FY 2024) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vim Meditech is 24AAACV6290N1ZW, registered in Gujarat.
The CIN (Corporate Identification Number) of Vim Meditech is U33100GJ1994PTC021547. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vim Meditech has 9 court cases on record: 2 filed by the company and 6 filed against it. 6 are pending. Most are in the district courts.
Vim Meditech was incorporated on 15 March 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Vim Meditech by revenue are Prahem Laboratories LLP, Kamla Lifesciences Limited, KRS Pharmaceuticals Private Limited, Zandra Life Sciences Private Limited, Trimurti Distributors Private Limited and 5 more, all in the Pharma industry (Formulations).
Patel Dineshkumar Somabhai was appointed as Director on 12 Dec 2025. Rakeshkumar Maneklal Prajapati was appointed as Additional Director on 04 Feb 2025. Dasharathbhai Ambalal Patel ceased to be Additional Director on 29 Sep 2024. Vim Meditech has 14 board changes on record in total.