- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-10-0004264

About Healthcubed India Private Limited
Data last updated:
Healthcubed India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Healthcubed Inc. It operates in the jewellery segment of the musical instruments sector. It was incorporated on 06 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U33110KA2015FTC174861. Its GSTIN is 29AADCH7361M1Z1 (Karnataka). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹14.66 Lakh. It is led by directors including Padmanabhan Mahalingam and Prashant Arukia.
Its last annual general meeting (AGM) was held on 25 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 ₹1.64 Cr, a decline of 86% compared to the previous year. For the same year it recorded a net loss of ₹54.56 Lakh (net margin -33.2%) and EBITDA of -₹39.71 Lakh (EBITDA margin -24.2%). Revenue has declined at a compounded annual rate (CAGR) of 67% over three years and 28% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: HealthCubed. Court records list 18 cases involving the company, including 15 filed by the company and 3 filed against it; 4 cases are pending. The company has 4 deals on record (3 rights issues, 1 funding round), with disclosed funding of ₹2.23 Cr; the latest was in January 2023. Its 3 peer companies in the Healthcare industry (Medical and Laboratory Equipment), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 2 larger and 1 smaller; the largest is Alveonic Medical Systems Private Limited with revenue of ₹1.66 Cr.
Healthcubed India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-10-0004264). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website healthcubed.com.
Company details
CIN history
Healthcubed India has one previous CIN (Corporate Identification Number): U33110DL2015FTC287198. The current CIN is U33110KA2015FTC174861, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U33110KA2015FTC174861 | Current |
| U33110DL2015FTC287198 | Previous |
Recognitions & Rankings of Healthcubed India
Contact details
Healthcubed India Private Limited's registered office is in Bangalore, Karnataka. Its website is healthcubed.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address7/1 Ground Floor, Ulsoor Road Yellappa Chetty Layout, Bangalore, Karnataka, India – 560042
- IndustryMusical Instruments, Jewellery, Musical Instrument, Manufacturing, Sports Goods
To see the full contact details of Healthcubed India 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
Brands
Healthcubed India operates one associated brand: HealthCubed. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Portable multiparametric devices for rapid health screening are provided. | healthcubed.com |
Business activity
The main business activity of Healthcubed India is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Healthcubed India Private Limited, buy the company report.
Financials of Healthcubed India Private Limited
FY 2025 filings availableHealthcubed India Private Limited reported revenue of ₹1.64 Cr (down 86% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 86% fall in the latest year. EBITDA fell 153% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | -₹39.71 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹54.56 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -24.2% | ||||
| Net Profit Margin | -33.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Healthcubed India Private Limited, buy the company report.
Board of directors of Healthcubed India Private Limited
Healthcubed India has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Padmanabhan Mahalingam Also directs: Telekonnectors Limited, Door Sabha Nigam Limited, Cddep India Private Limited and 2 more | Director | 25 Jul 2024 | 2 Years 3 Months | Current |
| Prashant Arukia | Director | 05 Aug 2024 | 2 Years 3 Months | Current |
| Ramanan Laxminarayan Also directs: Cddep India Private Limited | Director | 06 Nov 2015 | 11 Years 0 Months | Current |
Peer comparison
Healthcubed India Private Limited is compared with the 3 companies closest to it by revenue in the Healthcare industry (Medical and Laboratory Equipment), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alveonic Medical Systems Private Limited | ₹1.66 Cr (FY 2024) | -19.0% | Coimbatore, Tamil Nadu, India | |||
| Dreamfusion Technologies Private Limited | ₹1.65 Cr (FY 2025) | 25616.0% | Chennai, Tamil Nadu, India | |||
| Healthcubed India Private Limitedthis company | ₹1.64 Cr (FY 2025) | -₹54.56 Lakh | -33.2% | -86.0% | 16 | Bangalore, Karnataka, India |
| Biomedtronics Healthcare Private Limited | ₹1.64 Cr (FY 2025) | Mumbai, Maharashtra, India |
To see the full peer comparison of Healthcubed India Private Limited, buy the company report.
Auditor
Healthcubed India Private Limited is audited by SINGH ANAND & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINGH ANAND & ASSOCIATES | FY 2023 | 023158N |
Shareholding
The shareholding of Healthcubed India 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Healthcubed India Private Limited, buy the company report.
Deals & funding
Healthcubed India Private Limited has 4 deals on record (3 rights issues, 1 funding round), with disclosed funding of ₹2.23 Cr; the latest was in January 2023.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Funding round | ₹2.23 Cr | Investors: Healthcubed Inc |
| Nov 2019 | Rights issue | ₹6.3 Cr | Investors: Healthcubed Inc |
| May 2019 | Rights issue | ₹4.18 Cr | Investors: Healthcubed Inc |
| Nov 2018 | Rights issue | ₹1.55 Cr | Investors: Healthcubed Inc |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Healthcubed India Private Limited has 18 court cases on record: 15 filed by Healthcubed India, 3 filed against it. 4 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 17 | 2 | 4 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against Alkemi Growth Capital LLP and Ors | Disposed |
| High Court, TAMIL NADU | Original application | Filed against the company by Navco Industries Private Limited Sashidhar Sivakumar, Pavithra V | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against The Deputy Commissioner (St) and 1 other | Pending |
| High Court, TAMIL NADU | Writ petition | Filed by the company against The Deputy Commissioner (St) and 1 other | Pending |
| High Court | Writ petition | Filed against the company by Alkemi Venture Fund 1 | Disposed |
To see the full case history of Healthcubed India 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 Healthcubed India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Healthcubed India Private Limited has a workforce of 16 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 16 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Healthcubed India Private Limited, buy the company report.
GST
Healthcubed India has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCH7361M1Z1 | Karnataka | Active | 22 Aug 2017 |
| 07AADCH7361M1Z7 | Delhi | Active | 01 Jul 2017 |
| 33AADCH7361M1ZC | Tamil Nadu | Active | 21 Feb 2022 |
To see the full GST registrations and return filing status of Healthcubed India Private Limited, buy the company report.
Recent activity
Healthcubed India Private Limited has 11 board changes on record since 2015: 3 appointments and 8 cessations. The latest: Prashant Arukia ceased to be Additional Director on 29 Sep 2024.
2 earlier events are in the company report.
News
Frequently asked questions
Healthcubed India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in jewellery, within the musical instruments industry. It was incorporated on 06 November 2015 (11+ years old) and is registered under CIN U33110KA2015FTC174861.
Healthcubed India has 3 current directors:
- Padmanabhan Mahalingam - Director
- Prashant Arukia - Director
- Ramanan Laxminarayan - Director
The latest financial statements of Healthcubed India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Healthcubed India is 29AADCH7361M1Z1, registered in Karnataka. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 07AADCH7361M1Z7 (Delhi), 33AADCH7361M1ZC (Tamil Nadu).
The CIN (Corporate Identification Number) of Healthcubed India is U33110KA2015FTC174861. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Healthcubed India has 18 court cases on record: 15 filed by the company and 3 filed against it. 4 are pending. Most are in the high courts.
Healthcubed India was incorporated on 06 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Healthcubed India has 4 deals on record (3 rights issues, 1 funding round), with disclosed funding of ₹2.23 Cr; the latest was in January 2023.
The peers of Healthcubed India by revenue are Alveonic Medical Systems Private Limited, Dreamfusion Technologies Private Limited, Biomedtronics Healthcare Private Limited, all in the Healthcare industry (Medical and Laboratory Equipment), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Prashant Arukia ceased to be Additional Director on 29 Sep 2024. Prashant Arukia was appointed as Director on 05 Aug 2024. Padmanabhan Mahalingam was appointed as Director on 25 Jul 2024. Healthcubed India has 11 board changes on record in total.
Yes, Healthcubed India is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-10-0004264).

