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Compete Medical Devices Private Limited - healthcare in Bangalore, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2022
₹1.58 Cr
Latest filing
Net profit · FY 2022
₹1.99 Lakh
Net margin 1.3%
EBITDA · FY 2022
₹3.2 Lakh
EBITDA margin 2%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹4.02 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered
About Compete Medical Devices Private Limited
Data last updated:
Compete Medical Devices Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the medical consumables and supplies segment of the healthcare sector. It was incorporated on 15 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U33110KA2021PTC145314. Its GSTIN is 29AAJCC3546R1ZV (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹4.02 Lakh. It is led by directors including Muniyappa Vanitha and Nagesh Gurumurthappa.
Its last annual general meeting (AGM) was held on 31 December 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.58 Cr. For the same year it recorded a net profit of ₹1.99 Lakh (net margin 1.3%) and EBITDA of ₹3.2 Lakh (EBITDA margin 2%).
The company is associated with 1 brand: Compete Medical Devices. Court records list 2 cases involving the company, including 2 filed against it.
Compete Medical Devices Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0060941). For more details, the company can be reached via its website competemedicaldevices.in.
Company details
CIN U33110KA2021PTC145314
Registration Number 145314
Incorporation Date 15 March 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0060941
Recognitions & Rankings of Compete Medical Devices
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0060941
Contact details
Compete Medical Devices Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressNo 86/3 Nordson Road Seetha Rama Nagar, Hebbagodi Bommasandra Ind Area Anekal Taluk, Bangalore, Karnataka, India – 560099
- IndustryHealthcare, Medical Consumables & Supplies
Comprehensive company report
Compete Medical Devices 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
Compete Medical Devices operates one associated brand: Compete Medical Devices. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of surgical disposables and medical devices for healthcare applications in India. | competemedicaldevices.in |
Business activity
The main business activity of Compete Medical Devices is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Compete Medical Devices Private Limited, buy the company report.
Financials of Compete Medical Devices Private Limited
FY 2022 filings availableCompete Medical Devices Private Limited reported revenue of ₹1.58 Cr for FY 2022.
Revenue · FY 2022
₹1.58 Cr
Net profit · FY 2022
₹1.99 Lakh margin 1.3%
EBITDA · FY 2022
₹3.2 Lakh margin 2%
Financial Statement Summary
| Metrics | FY 2021-22 | FY 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 | ₹3.2 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹1.99 Lakh | |
| 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
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 2% | |
| Net Profit Margin | 1.3% | |
| 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 Compete Medical Devices Private Limited, buy the company report.
Board of directors of Compete Medical Devices Private Limited
Compete Medical Devices has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muniyappa Vanitha | Director | 15 Mar 2021 | 5 Years 7 Months | Current |
| Nagesh Gurumurthappa | Director | 15 Mar 2021 | 5 Years 7 Months | Current |
| Rangarao Rahavendran | Director | 15 Mar 2021 | 5 Years 7 Months | Current |
| Sunil Manjunath | Director | 15 Mar 2021 | 5 Years 7 Months | Current |
Legal cases
Compete Medical Devices Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by an individual | Disposed |
To see the full case history of Compete Medical Devices 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 Compete Medical Devices Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Compete Medical Devices has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCC3546R1ZV | Karnataka | Active | 24 Mar 2021 |
To see the full GST registrations and return filing status of Compete Medical Devices Private Limited, buy the company report.
Recent activity
Compete Medical Devices Private Limited has 4 board changes on record since 2021: 4 appointments. The latest: Muniyappa Vanitha was appointed as Director on 15 Mar 2021.
AGM
Compete Medical Devices Private Limited last Annual general meeting of members was held on 31 Dec 2022 as per latest MCA records.
Filing
Compete Medical Devices Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Appointed
Muniyappa Vanitha was appointed as Director.
Appointed
Nagesh Gurumurthappa was appointed as Director.
Appointed
Rangarao Rahavendran was appointed as Director.
Appointed
Sunil Manjunath was appointed as Director.
Incorporation
15 Mar 2021
Compete Medical Devices Private Limited was registered on 15 Mar 2021 with Roc Bangalore & aged 5 years 8 months as per MCA records.
Frequently asked questions
Compete Medical Devices is an active private limited company based in Bangalore, Karnataka, India. The company works in medical consumables and supplies, within the healthcare industry. It was incorporated on 15 March 2021 (5+ years old) and is registered under CIN U33110KA2021PTC145314.
Compete Medical Devices has 4 current directors:
- Muniyappa Vanitha - Director
- Nagesh Gurumurthappa - Director
- Rangarao Rahavendran - Director
- Sunil Manjunath - Director
The latest financial statements of Compete Medical Devices on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 31 December 2022. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Compete Medical Devices is 29AAJCC3546R1ZV, registered in Karnataka.
The CIN (Corporate Identification Number) of Compete Medical Devices is U33110KA2021PTC145314. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Compete Medical Devices has 2 court cases on record: 2 filed against it.
Compete Medical Devices was incorporated on 15 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Muniyappa Vanitha was appointed as Director on 15 Mar 2021. Nagesh Gurumurthappa was appointed as Director on 15 Mar 2021. Rangarao Rahavendran was appointed as Director on 15 Mar 2021. Compete Medical Devices has 4 board changes on record in total.
Yes, Compete Medical Devices is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Compete Medical Devices is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0060941).
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