- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0174447

About Vpi Medisales Private Limited
Data last updated:
Vpi Medisales Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Ascent Health And Wellness Solutions Private Limited. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 03 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2016PTC095479. Its GSTIN is 29AAFCV5557R1Z9 (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹2.87 Lakh. It is led by directors including Sonali Rajesh Kothari and Apoorva Jain.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2022, the company reported a revenue of ₹134.68 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net loss of ₹5.9 Cr (net margin -4.4%) and EBITDA of -₹4.49 Cr (EBITDA margin -3.3%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 54% over five years.
The company has about 90 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: VPI Medisales. As per MCA filings, the company has open charges of ₹23.18 Cr and satisfied charges of ₹23.18 Cr on record. Court records list 30 cases involving the company, including 30 filed by the company; 3 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in March 2023.
Vpi Medisales Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0174447). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vpi-medisales-pvt-ltd.business.site.
Company details
Recognitions & Rankings of Vpi Medisales
Contact details
Vpi Medisales Private Limited's registered office is in Bangalore, Karnataka. Its website is vpi-medisales-pvt-ltd.business.site. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2 3&5 Flr New Bbmp Kathano.269/1 Pid No.45 – 1 – 269/1 Junior College Road Kasturibanagar Mys, Ore Road, Bangalore, Karnataka, India – 560026
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Vpi Medisales 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
Brands
Vpi Medisales operates one associated brand: VPI Medisales. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specializes in pharmaceutical logistics and distribution, including cold chain solutions for vaccines and sensitive medicines. | vpimedisales.in |
Financials of Vpi Medisales Private Limited
FY 2025 filings availableVpi Medisales Private Limited reported revenue of ₹134.68 Cr (up 49% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 54% over five years, including 49% growth 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹134.68 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹4.49 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.9 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.3% | ||||
| Net Profit Margin | -4.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Vpi Medisales Private Limited, buy the company report.
Board of directors of Vpi Medisales Private Limited
Vpi Medisales has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sonali Rajesh Kothari | Director | 15 Sep 2023 | 3 Years 1 Months | Current |
| Apoorva Jain | Director | 15 Sep 2023 | 3 Years 1 Months | Current |
| Sunil Motiram Takke Also directs: Aarush Tirupati Enterprise Private Limited | Director | 31 Mar 2023 | 3 Years 6 Months | Current |
| Suvarna Vishwanath Hariyan Also directs: Aarush Tirupati Enterprise Private Limited | Director | 31 Mar 2023 | 3 Years 6 Months | Current |
Auditor
Vpi Medisales 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 Vpi Medisales Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vpi Medisales Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2020 | 100407304 | Hdfc Bank Limited | ₹1.18 Cr | Satisfied | |
| 10 Jul 2017 | 100121091 | Hdfc Bank Limited | ₹22 Cr | Satisfied |
To see the full charge records of Vpi Medisales Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Vpi Medisales Private Limited has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in March 2023.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Ascent Wellness and Pharma Solutions Private Limited , Ascent Wellness and Pharma solutions Private Limited & Siddharth Shah |
| Mar 2023 | Rights issue | ₹1.9 Lakh | Investors: 2 individuals |
| Feb 2021 | Secondary share transfer | Undisclosed | Buyer: Ascent Wellness and Pharma Solutions Private Limited Seller: Ascent Health and Wellness Solutions Private Limited |
| Dec 2016 | Secondary share transfer | Undisclosed | Buyer: Ascent Health and Wellness Solutions Private Limited Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vpi Medisales Private Limited has 30 court cases on record: 30 filed by Vpi Medisales. 3 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 30 | 0 | 3 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal case | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Court case (CRL.R.P.) | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Vpi Medisales 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 Vpi Medisales Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vpi Medisales Private Limited has a workforce of 90 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Vpi Medisales has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCV5557R1Z9 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vpi Medisales Private Limited, buy the company report.
Recent activity
Vpi Medisales Private Limited has 15 board changes on record since 2018: 4 appointments and 11 cessations. The latest: Apoorva Jain ceased to be Additional Director on 29 Sep 2023.
11 earlier events are in the company report.
Frequently asked questions
Vpi Medisales is an active private limited company based in Bangalore, Karnataka, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 03 August 2016 (10+ years old) and is registered under CIN U51909KA2016PTC095479.
Vpi Medisales has 4 current directors:
- Sonali Rajesh Kothari - Director
- Apoorva Jain - Director
- Sunil Motiram Takke - Director
- Suvarna Vishwanath Hariyan - Director
The latest financial statements of Vpi Medisales on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Vpi Medisales is 29AAFCV5557R1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Vpi Medisales is U51909KA2016PTC095479. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vpi Medisales has 30 court cases on record: 30 filed by the company. 3 are pending.
Vpi Medisales was incorporated on 03 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Vpi Medisales has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in March 2023.
Apoorva Jain ceased to be Additional Director on 29 Sep 2023. Sonali Rajesh Kothari ceased to be Additional Director on 29 Sep 2023. Sunil Motiram Takke ceased to be Additional Director on 29 Sep 2023. Vpi Medisales has 15 board changes on record in total.
Yes, Vpi Medisales is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0174447).

