Asvas Healthcare Private Limited
About Asvas Healthcare Private Limited
Data last updated:
Asvas Healthcare Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the other hospital and medical care activities segment of the healthcare sector. It was incorporated on 20 April 2012.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U85191TG2012PTC080455. The company has 4 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹8.17 Cr. It was led by directors Vamsi Madhav Chennupati and Venu Madhav Chennupati.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Plot No.280 Road No.78 Opp.Padmalaya Studios Jubilee Hills, Hyderabad, Telangana, India – 500033.
As per the financials filed for FY 2018, the company reported a revenue of ₹51,813, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹1.12 Cr and EBITDA of -₹60.42 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 82% over three years.
The company had about 13 employees on its provident fund (EPFO) records before it was struck off.
The company has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹8.16 Cr; the latest was in July 2017. Its 10 peer companies in the same principal business activity (other hospital and medical care activities) are compared by revenue, 5 larger and 5 smaller; the largest is New Raj Darbar Herbal Medicine Private Limited with revenue of ₹52,415.
Company details
CIN history
Asvas Healthcare has one previous CIN (Corporate Identification Number): U85191AP2012PTC080455. The current CIN is U85191TG2012PTC080455, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85191TG2012PTC080455 | Current |
| U85191AP2012PTC080455 | Previous |
Contact details
Asvas Healthcare Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.280 Road No.78 Opp.Padmalaya Studios Jubilee Hills, Hyderabad, Telangana, India – 500033
- IndustryHealthcare, Other Hospital and Medical Care Activities
To see the full contact details of Asvas Healthcare 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
Business activity
The main business activity of Asvas Healthcare is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Asvas Healthcare Private Limited, buy the company report.
Financials of Asvas Healthcare Private Limited
FY 2018 filings availableAsvas Healthcare Private Limited reported revenue of ₹51,813 (down 95% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 82% over three years, including a 95% fall in the latest year. EBITDA fell 344% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹60.42 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.12 Cr | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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To see the full financial statements and ratios of Asvas Healthcare Private Limited, buy the company report.
Board of directors of Asvas Healthcare Private Limited
Asvas Healthcare has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vamsi Madhav Chennupati Also directs: Briko Technologies LLP, Vaillant Industries Private Limited, Sanctuary Habitat Private Limited and 1 more | Director | 01 Nov 2016 | 10 Years 0 Months | As last reported |
| Venu Madhav Chennupati Also directs: Aros Health Tech LLP, Nuventures Capital Private Limited | Director | 20 Apr 2012 | 14 Years 6 Months | As last reported |
Peer comparison
Asvas Healthcare Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other hospital and medical care activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| New Raj Darbar Herbal Medicine Private Limited | ₹52,415 (FY 2022) | -93.0% | Dumka, Jharkhand, India | |||
| Sobrlab Private Limited | ₹52,285 (FY 2022) | Bengaluru, Karnataka, India | ||||
| Global Healthreach Private Limited | ₹52,250 (FY 2015) | Gurgaon, Haryana, India | ||||
| Medzonics (OPC) Private Limited | ₹52,181 (FY 2025) | -80.0% | Yamuna Nagar, Haryana, India | |||
| Neyyar Health Care Private Limited | ₹52,170 (FY 2025) | -47.0% | Thiruvananthapuram, Kerala, India | |||
| Asvas Healthcare Private Limitedthis company | ₹51,813 (FY 2018) | -₹1.12 Cr | -95.0% | 13 | Hyderabad, Telangana, India | |
| Yaara Foundation | ₹51,800 (FY 2024) | Pune, Maharashtra, India | ||||
| Docsol Healthcare Private Limited | ₹51,713 (FY 2023) | Gurgaon, Haryana, India | ||||
| Miror Therapeutics Private Limited | ₹51,574 (FY 2024) | Bangalore, Karnataka, India | ||||
| Aranya Bangla Foundation | ₹51,000 (FY 2023) | Midnapore, West Bengal, India | ||||
| Unicare Health Solutions Private Limited | ₹50,840 (FY 2025) | -14.0% | Delhi, India |
To see the full peer comparison of Asvas Healthcare Private Limited, buy the company report.
Auditor
Asvas Healthcare Private Limited is audited by Mahadevan and Co. for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mahadevan and Co. | FY 2015 | 01925S |
Shareholding
The shareholding of Asvas Healthcare Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Asvas Healthcare Private Limited, buy the company report.
Deals & funding
Asvas Healthcare Private Limited has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹8.16 Cr; the latest was in July 2017.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2017 | Secondary share transfer | Undisclosed | Buyer: NuVentures Seller: an individual |
| Apr 2016 | Secondary share transfer | Undisclosed | Buyer: Techon Commercial Private Limited Seller: an individual |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Nirvana Holdings |
| Mar 2014 | Funding round | ₹4.08 Cr | Investors: Nirvana Holdings, 2 individuals |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Asvas Associate Trust Seller: an individual |
To see the full deal history of Asvas Healthcare Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Asvas Healthcare Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Asvas Healthcare Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Asvas Healthcare Private Limited has a workforce of 13 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Asvas Healthcare has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Asvas Healthcare Private Limited, buy the company report.
Recent activity
Asvas Healthcare Private Limited has 7 board changes on record since 2012: 2 appointments and 5 cessations. The latest: Vamsi Madhav Chennupati ceased to be Additional Director on 30 Sep 2017.
Frequently asked questions
Asvas Healthcare has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Asvas Healthcare was a private limited company based in Hyderabad, Telangana, India. The company worked in other hospital and medical care activities, within the healthcare industry. It was incorporated on 20 April 2012 and is registered under CIN U85191TG2012PTC080455. The company has been struck off by the Registrar of Companies and is no longer operational.
Asvas Healthcare had 2 directors:
- Vamsi Madhav Chennupati - Director
- Venu Madhav Chennupati - Director
The CIN (Corporate Identification Number) of Asvas Healthcare is U85191TG2012PTC080455. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Asvas Healthcare is at Plot No.280 Road No.78 Opp.Padmalaya Studios Jubilee Hills, Hyderabad, Telangana, India – 500033.
Asvas Healthcare was incorporated on 20 April 2012. It is registered with the Registrar of Companies, Hyderabad.
The latest financial statements of Asvas Healthcare on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Asvas Healthcare has 4 GST registrations on record and all of them are cancelled or inactive.
Asvas Healthcare operated in the healthcare industry, in the other hospital and medical care activities segment. It worked in this industry before it was struck off.
Asvas Healthcare has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹8.16 Cr; the latest was in July 2017.
The peers of Asvas Healthcare by revenue are New Raj Darbar Herbal Medicine Private Limited, Sobrlab Private Limited, Global Healthreach Private Limited, Medzonics (OPC) Private Limited, Neyyar Health Care Private Limited and 5 more, all in the same principal business activity (other hospital and medical care activities).
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