Wellness Forever Medicare Limited - Company Profile

It is a pharma public limited company based in Mumbai, Maharashtra, India, established in 2008.

2008 Mumbai, Maharashtra, India Active

Last Updated: December 24, 2025

About Wellness Forever Medicare Limited

Wellness Forever Medicare Limited, a active public limited company, was established on 08 February 2008 in Mumbai, Maharashtra, India. Engaging in pharmaceutical retailers & distributors within the trade sector, it holds CIN: U24239MH2008PLC178658. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹11.16 Cr.

Formerly known as Wellness Forever Medicare Private Limited. It upholds a compliant status. Employing 5,147 professional, Its leadership includes Jistion John Joseph (Company Secretary), Mohan Ganpat Chavan (Whole-Time Director), Jaishankar Krishnan (Director). Past directors included Mohan Ganpat Chavan, Mukund Ramesh Jalgaonkar, Avani Vishal Davda. It holds ₹224.86 Cr open charges and ₹147.20 Cr settled loans. Its latest AGM occurred on 10 September 2024, with the balance sheet filed on 31 March 2024. It is based at 7Th Floor, Wing A, Empire Plaza, It Park, Lbs Marg, Vikhroli (West),, Mumbai, Maharashtra, 400083.

Company Details

CIN/LLPIN
U24239MH2008PLC178658
Registration Number
178658
Incorporation Date
08 February 2008
Authorized Capital
₹20.00 Cr
Paid-Up Capital
₹11.16 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 20.00 Cr as on 24-12-2025
Paid Up Capital ₹ 11.16 Cr as on 24-12-2025
Company Age 18 Year, 12 Days
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 224.86 Cr as on 24-12-2025
Satisfied Charges ₹ 147.20 Cr as on 24-12-2025
Revenue Growth **** 7.43% (FY 2024)
Profit Growth **** -64.27% (FY 2024)
Ebitda **** -22.74% (FY 2024)
Net Worth -13.52% (FY 2024)
Total Assets -10.04% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Wellness Forever Medicare 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 Wellness Forever Medicare Limited?

Current Directors

Name	Designation	Appointment Date	Status
Jistion John Joseph	Company Secretary	18 Nov 2024	Current
Mohan Ganpat Chavan	Whole-Time Director	08 Feb 2008	Current
Jaishankar Krishnan	Director	19 Jul 2024	Current
Yogesh Yadav	Ceo	12 Aug 2024	Current
Gulshan Haresh Bakhtiani	Whole-Time Director	08 Feb 2008	Current
Rachna Bahadur	Director	11 Jul 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	09 Jul 2021	Past
Pramod Abcsdd	Company Secretary	07 Sep 2016	Past
Pramod Abcsdd	Director	01 May 2024	Past
Pramod Abcsdd	Additional Director	09 Sep 2024	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Cfo	-	Past

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Financial Performance of Wellness Forever Medicare.

Wellness Forever Medicare Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 7.43% increase. The company also saw a substantial fall in profitability, with a 64.27% decrease in profit. The company's net worth observed a substantial decline by a decrease of 13.52%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

7.43%

*******

Revenue from Operations

*******

7.22%

*******

Total Assets

*******

-10.04%

*******

Profit or Loss

*******

-64.27%

*******

Net Worth

*******

-13.52%

*******

EBITDA

*******

-22.74%

*******

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What is the Ownership and Shareholding Structure of Wellness Forever Medicare?

In 2024, Wellness Forever Medicare had a promoter holding of 43.01% and a public holding of 56.99%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹2,248,600,000.00

Satisfied Charges

₹1,471,980,000.00

Charges Breakdown by Lending Institutions

Others : 149.96 Cr
Hdfc Bank Limited : 49.90 Cr
Yes Bank Limited : 25.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
17 Jun 2022	Others	₹26.00 Cr	Open
13 May 2022	Hdfc Bank Limited	₹20.00 Cr	Open
02 Nov 2021	Others	₹10.00 Cr	Open
29 May 2021	Hdfc Bank Limited	₹4.90 Cr	Open
03 Mar 2021	Others	₹5.56 Cr	Open

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How Many Employees Work at Wellness Forever Medicare?

Wellness Forever Medicare has a workforce of 5147 employees as of Jan 30, 2025. 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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Wellness Forever Medicare, 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 Wellness Forever Medicare's trajectory.

Rating

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

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.

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Latest Updates, News, and FAQs on Wellness Forever Medicare

Recent Activity within the Organization

Charges

Progress on A charge registered on 15 Apr 2021 via Charge ID 100440259 with Yes Bank Limited was fully satisfied on 08 Dec 2025. was documented.
08 Dec 2025
Charges

Progress on A charge with Yes Bank Limited of Rs. 25.00 Cr registered on 21 Dec 2016 with Charge ID 100082926 was modified on 25 Nov 2025. was documented.
25 Nov 2025
Director Appointment

Progress on Jistion John Joseph was appointed as a Company Secretary was appointed as a Company Secretary on 18 Nov 2024 & has been associated with this company since 1 year 3 months . was documented.
18 Nov 2024
Annual General Meeting

The activity Wellness Forever Medicare Limited last Annual general meeting of members was held on 10 Sep 2024 as per latest MCA records. was completed.
10 Sep 2024
Director Appointment

Progress on Yogesh Yadav was appointed as a Ceo was appointed as a Ceo on 27 Aug 2024 & has been associated with this company since 1 year 5 months . was documented.
27 Aug 2024
Director Appointment

Progress on Yogesh Yadav was appointed as a CEO was appointed as a CEO on 12 Aug 2024 & has been associated with this company since 1 year 6 months . was documented.
12 Aug 2024

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