Clinchoice Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U85100KA2013PTC068676 Incorporated 20 April 2013 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology MSME · Small
Data last updated
Revenue · FY 2025
₹86.61 Cr
▼ 2% YoY
Net profit · FY 2025
₹10.3 Cr
Net margin 11.9%
EBITDA · FY 2025
₹14.71 Cr
EBITDA margin 17%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Employees · EPFO
474
Provident fund records
Directors on board
3
As per MCA filings

About Clinchoice Private Limited

Data last updated:

Clinchoice Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Clinchoice Corporation, Usa. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 20 April 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85100KA2013PTC068676. Its GSTIN is 29AACCF2169E1ZP (Karnataka). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Freyr Drug Safety Solutions Private Limited and Imedglobal Solutions India Private Limited. It is led by directors including Mahesh Mahantappa Mudnur (Whole-Time Director) and Jayaraj Radhakrishna (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 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 2025, the company reported a revenue of ₹86.61 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹10.3 Cr (net margin 11.9%) and EBITDA of ₹14.71 Cr (EBITDA margin 17%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 18% over five years.

The company has about 474 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: ClinChoice. The company has 1 deal on record (1 secondary share transfer); the latest was in October 2014. The company has 6 MSME Form 1 returns on record between 2021 and 2023, listing 15 overdue payments to 7 micro and small suppliers.

Clinchoice Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0043390). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website clinchoice.com.

Company details

CIN U85100KA2013PTC068676
Registration Number 068676
Incorporation Date 20 April 2013
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Clinchoice Corporation, Usa
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0043390

Name history

Clinchoice has undergone 2 name changes throughout its history. The company was previously known as Freyr Drug Safety Solutions Private Limited, and Imedglobal Solutions India Private Limited. The current legal name is Clinchoice Private Limited.

Company NameStatus
Clinchoice Private LimitedCurrent
Freyr Drug Safety Solutions Private LimitedPrevious
Imedglobal Solutions India Private LimitedPrevious

Recognitions & Rankings of Clinchoice

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0043390

Contact details

Clinchoice Private Limited's registered office is in Bangalore, Karnataka. Its website is clinchoice.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Indiqube Arcade Tower A 3rd Floor Subramanya Arcade, No. 12 Bannerghatta Road Old Gurappanapalya Btm Layout, Bangalore, Karnataka, India – 560029
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Clinchoice Private Limited, buy the company report.

Comprehensive company report
Clinchoice Private Limited - one report that includes everything
  • 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
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Brands

Clinchoice operates one associated brand: ClinChoice. Each brand links to its own profile.

BrandDescriptionWebsite
CRO focused on data management, regulatory affairs and consulting servicesclinchoice.com

Business activity

The main business activity of Clinchoice is support service to organizations. In detail, this covers other support services to organizations.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Clinchoice Private Limited, buy the company report.

Financials of Clinchoice Private Limited

FY 2025 filings available

Clinchoice Private Limited reported revenue of ₹86.61 Cr (down 2% YoY) for FY 2025.

Revenue · FY 2025
₹86.61 Cr ▼ 2%
Net profit · FY 2025
₹10.3 Cr margin 11.9%
EBITDA · FY 2025
₹14.71 Cr margin 17%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 11%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 22%
5 years · compounded
▲ 24%

Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹14.71 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹10.3 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin17%
Net Profit Margin11.9%
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

To see the full financial statements and ratios of Clinchoice Private Limited, buy the company report.

Board of directors of Clinchoice Private Limited

Clinchoice has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mahesh Mahantappa MudnurWhole-Time Director11 Apr 201610 Years 6 MonthsCurrent
Xin KeDirector24 Nov 20205 Years 11 MonthsCurrent
Jayaraj RadhakrishnaWhole-Time Director11 Apr 201610 Years 6 MonthsCurrent

Auditor

Clinchoice Private Limited is audited by Padakannaya & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Padakannaya & CoFY 2023016595S

Shareholding

The shareholding of Clinchoice Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Clinchoice Private Limited, buy the company report.

Deals & funding

Clinchoice Private Limited has 1 deal on record (1 secondary share transfer); the latest was in October 2014.

Total deals
1
Secondary share transfer
1

Deals on record (1 of 1)

WhenDealAmountParties
Oct 2014Secondary share transferUndisclosedBuyer: Clinchoice Corporation
Seller: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Clinchoice Private Limited has 6 MSME Form 1 returns on record between 2021 and 2023, listing 15 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 7)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
Touch Global Services Private Limited
Kelachandra Equipment Rentals
Esecurity Audit Private Limited

To see the full MSME payment records of Clinchoice Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Clinchoice Private Limited has a workforce of 474 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
474
Active EPFO establishments
1
Employee growth
-6.88%

GST

Clinchoice has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
29AACCF2169E1ZPKarnatakaActive01 Jul 2017
36AACCF2169E1ZUTelanganaActive01 Jul 2017

To see the full GST registrations and return filing status of Clinchoice Private Limited, buy the company report.

Recent activity

Clinchoice Private Limited has 11 board changes on record since 2013: 3 appointments and 8 cessations. The latest: Xin Ke ceased to be Additional Director on 31 Dec 2020.

AGM
Clinchoice Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Clinchoice Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Xin Ke ceased to be Additional Director.
Appointed
Xin Ke was appointed as Director.
Ceased
Dan Zhang ceased to be Additional Director.
Ceased
Prashanth Shobana ceased to be Director.
Ceased
Visweswaran Prashanth ceased to be Managing Director.
Ceased
Jayaraj Radhakrishna ceased to be Additional Director.
Ceased
Krishna Iyer Rajaram ceased to be Director.
Appointed
Jayaraj Radhakrishna was appointed as Whole-Time Director.
Appointed
Mahesh Mahantappa Mudnur was appointed as Whole-Time Director.
Ceased
Mahesh Mahantappa Mudnur ceased to be Additional Director.

2 earlier events are in the company report.

Frequently asked questions

Clinchoice is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 20 April 2013 (13+ years old) and is registered under CIN U85100KA2013PTC068676.

Clinchoice has 3 current directors:

The latest financial statements of Clinchoice on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Clinchoice is 29AACCF2169E1ZP, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AACCF2169E1ZU (Telangana).

The CIN (Corporate Identification Number) of Clinchoice is U85100KA2013PTC068676. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Clinchoice was incorporated on 20 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.

Clinchoice has 1 deal on record (1 secondary share transfer); the latest was in October 2014.

Xin Ke ceased to be Additional Director on 31 Dec 2020. Xin Ke was appointed as Director on 24 Nov 2020. Dan Zhang ceased to be Additional Director on 30 Sep 2017. Clinchoice has 11 board changes on record in total.

Yes, Clinchoice is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0043390).

Clinchoice has 6 MSME Form 1 returns on record between 2021 and 2023, listing 15 overdue payments to 7 micro and small suppliers. The latest return was filed on 11 Jan 2024.

Clinchoice can be reached through the website clinchoice.com. Its registered office is in Bangalore, Karnataka, India.