Wellness Forever Medicare Limited Company Logo

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:

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 Mohan Ganpat Chavan (Whole-Time Director), Jaishankar Krishnan (Director), Gulshan Haresh Bakhtiani (Whole-Time Director). Past directors included Mohan Ganpat Chavan, Mukund Ramesh Jalgaonkar, Avani Vishal Davda. It holds ₹249.41 Cr open charges and ₹140.65 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 Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 11.16 Cr
  • Company Age 17 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 249.41 Cr
  • Satisfied Charges ₹ 140.65 Cr
  • Revenue Growth 7.43%
  • Profit Growth -64.27%
  • Ebitda -22.74%
  • Net Worth -13.52%
  • Total Assets -10.04%
Company report

Wellness Forever Medicare Limited

Company Report FY 2025-2026

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

NameDesignationAppointment DateStatus
Mohan Ganpat ChavanWhole-Time Director08 Feb 2008Current
Jaishankar KrishnanDirector19 Jul 2024Current
Gulshan Haresh BakhtianiWhole-Time Director08 Feb 2008Current
Rachna BahadurDirector11 Jul 2024Current
Kewal Kundanlal HandaDirector01 Sep 2021Current
Ashraf Mohammed BiranWhole-Time Director08 Feb 2008Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector09 Jul 2021Past
Pramod AbcsddCompany Secretary07 Sep 2016Past
Pramod AbcsddDirector01 May 2024Past
Pramod AbcsddAdditional Director09 Sep 2024Past
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddCfo-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%.

Wellness Forever Medicare revenue growth over time
Wellness Forever Medicare profit and loss trends over time
  • 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%

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 Indicator graph

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Charges (Loans)

Open Charges

₹2,494,100,000.00

Satisfied Charges

₹1,406,480,000.00

Charges Breakdown by Lending Institutions

  • Others : 149.96 Cr
  • Hdfc Bank Limited : 49.90 Cr
  • Yes Bank Limited : 49.55 Cr

Latest Charge Details

DateLenderAmountStatus
17 Jun 2022Others₹26.00 CrOpen
13 May 2022Hdfc Bank Limited₹20.00 CrOpen
02 Nov 2021Others₹10.00 CrOpen
29 May 2021Hdfc Bank Limited₹4.90 CrOpen
15 Apr 2021Yes Bank Limited₹6.55 CrOpen

Explore comprehensive loan charge details -

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 growth trends for Wellness Forever Medicare Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Wellness Forever Medicare

Recent Activity within the Organization

  • Director Appointment

    Progress on Justin Joseph John was appointed as a Company Secretary was appointed as a Company Secretary on 10 Dec 2024 & has been associated with this company since 1 year 4 days . was documented.

  • Annual General Meeting

    Progress on Wellness Forever Medicare Limited last Annual general meeting of members was held on 10 Sep 2024 as per latest MCA records. was documented.

  • 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 3 months . was documented.

  • Director Appointment

    Jaishankar Krishnan was appointed as a Director was appointed as a Director on 19 Jul 2024 & has been associated with this company since 1 year 4 months . was recorded as a recent event.

  • Director Appointment

    Rachna Bahadur was appointed as a Director was appointed as a Director on 11 Jul 2024 & has been associated with this company since 1 year 5 months . was recorded as a recent event.

  • Director Appointment

    Progress on Ajay Kumar Pandey was appointed as a Cfo was appointed as a Cfo on 19 Apr 2024 & has been associated with this company since 1 year 7 months . was documented.

Frequently Asked Questions

  • What is the CIN of Wellness Forever Medicare Limited?

    The CIN of Wellness Forever Medicare Limited is U24239MH2008PLC178658.

  • Where is Wellness Forever Medicare Limited headquartered?

    Wellness Forever Medicare Limited is headquartered at 7Th Floor, Wing A, Empire Plaza, It Park, Lbs Marg, Vikhroli (West),, Mumbai, Maharashtra, 400083.

  • When was Wellness Forever Medicare Limited incorporated?

    Wellness Forever Medicare Limited was incorporated on 08 February 2008.

  • Who are the current directors of Wellness Forever Medicare Limited?

    The current directors of Wellness Forever Medicare Limited are

  • What is the primary industry of Wellness Forever Medicare Limited?

    The primary industry of Wellness Forever Medicare Limited is Trade.

  • Is Wellness Forever Medicare Limited a listed company?

    Wellness Forever Medicare Limited is unlisted.

  • What is the capital structure of Wellness Forever Medicare Limited?

    The authorized capital of Wellness Forever Medicare Limited is ₹20.00 Cr, and the paid-up capital is ₹11.16 Cr.

  • What is the compliance status of Wellness Forever Medicare Limited?

    The compliance status of Wellness Forever Medicare Limited is Compliant.

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