MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-23-0000174
Indiana Ophthalmics LLP
Indiana Ophthalmics LLP - healthcare in Surendranagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹25.3 Cr
▼ 47% YoY
Net profit · FY 2024
₹10.41 Cr
Net margin 41.2%
EBITDA · FY 2024
₹13.64 Cr
EBITDA margin 53.9%
Contribution obligation
₹3 Lakh
As per LLP agreement
LLP age
4 yrs
Est. 2022
Employees · EPFO
226
Provident fund records
Designated partners
3
As per MCA filings
Last financials
Mar 2024
Balance sheet date
About Indiana Ophthalmics LLP
Data last updated:
Indiana Ophthalmics LLP is a limited liability partnership (LLP) based in Surendranagar, Gujarat, India. It operates in the eye care and ophthalmology clinics segment of the healthcare sector. It was incorporated on 10 February 2022.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN ABA-5869.
The LLP has a total obligation of contribution of ₹3 Lakh. It is led by designated partners including Rajesh Harshavadan Bhatt and Nirav Rajesh Bhatt.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at Plot No. 135/1 135/2 136 137 GIDC Iind Phase Wadhwan, Surendranagar, Gujarat, India – 363035.
As per the financials filed for FY 2024, the LLP reported a revenue of ₹25.3 Cr, a decline of 47% compared to the previous year. For the same year it recorded a net profit of ₹10.41 Cr (net margin 41.2%) and EBITDA of ₹13.64 Cr (EBITDA margin 53.9%).
The LLP has about 226 employees on its provident fund (EPFO) records.
Court records list 5 cases involving the LLP, including 4 filed by the LLP and 1 filed against it; 3 cases are pending.
Indiana Ophthalmics LLP is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-23-0000174).
Company details
LLPIN ABA-5869
Incorporation Date 10 February 2022
Total Obligation of Contribution ₹3 Lakh
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2024
Date of Balance Sheet 31 March 2024
MSME Classification Small
Udyam Registration UDYAM-GJ-23-0000174
Key People
Rajesh Harshavadan Bhatt Designated Partner Nirav Rajesh Bhatt Designated Partner Tarang Rajesh Bhatt Designated Partner Recognitions & Rankings of Indiana Ophthalmics
Contact details
Indiana Ophthalmics LLP's registered office is in Surendranagar, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No. 135/1 135/2 136 137 GIDC Iind Phase Wadhwan, Surendranagar, Gujarat, India – 363035
- IndustryHealthcare, Eye Care & Ophthalmology Clinics
To see the full contact details of Indiana Ophthalmics LLP, buy the company report.
Comprehensive company report
Indiana Ophthalmics LLP - 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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Financials of Indiana Ophthalmics LLP
FY 2024 filings availableIndiana Ophthalmics LLP reported revenue of ₹25.3 Cr (down 47% YoY) for FY 2024.
Revenue · FY 2024
₹25.3 Cr ▼ 47%
Net profit · FY 2024
₹10.41 Cr margin 41.2%
EBITDA · FY 2024
₹13.64 Cr margin 53.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 47%
EBITDA CAGR growth
1 year
▲ 48%
Revenue fell 47% in the latest year. EBITDA rose 48% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Income and Expenditure | |||
| Turnover | |||
| Other Income | |||
| Total Income | ₹25.3 Cr | ||
| Purchases and Direct Costs | |||
| Personnel Expenses | |||
| Administrative Expenses | |||
| Interest | |||
| Depreciation | |||
| Total Expenses | |||
| Profit Before Tax | |||
| Tax | |||
| Profit After Tax | ₹10.41 Cr | ||
| Profit Transferred to Partners | |||
| Assets and Liabilities | |||
| Partners' Contribution | |||
| Reserves and Surplus | |||
| Secured Loans | |||
| Unsecured Loans | |||
| Trade Payables | |||
| Other Liabilities and Provisions | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Loans and Advances | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| Net Profit Margin | 41.2% | ||
| Return on Partners' Funds | |||
| Return on Assets | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Debt to Partners' Funds | |||
| Interest Coverage | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Turnover Growth | |||
| Profit Growth | |||
To see the full financial statements and ratios of Indiana Ophthalmics LLP, buy the company report.
Designated partners of Indiana Ophthalmics LLP
Indiana Ophthalmics has 3 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Harshavadan Bhatt | Designated Partner | 10 Feb 2022 | 4 Years 8 Months | Current |
| Nirav Rajesh Bhatt Also directs: Nutraceutico Private Limited | Designated Partner | 10 Feb 2022 | 4 Years 8 Months | Current |
| Tarang Rajesh Bhatt Also directs: Nutraceutico Private Limited | Designated Partner | 10 Feb 2022 | 4 Years 8 Months | Current |
Peer comparison
Indiana Ophthalmics LLP is compared with the 10 companies closest to it by revenue in the Healthcare industry (Eye Care), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Atharv Eye Hospital Private Limited | ₹27.38 Cr (FY 2025) | 217.0% | Kolkata, West Bengal, India | |||
| Visakha Nethra Jyothi Pvt. Ltd. | ₹27.22 Cr (FY 2024) | 11.0% | Visakhapatnam, A.P, Andhra Pradesh, India | |||
| SLR Netralayam Eye Hospital Private Limited | ₹26.75 Cr (FY 2025) | 20.0% | Kolkata, West Bengal, India | |||
| Sun Eye Hospital & Laser Centre Private Limited | ₹25.91 Cr (FY 2025) | 30.0% | Lucknow, Uttar Pradesh, India | |||
| Korpole Healthcare Private Limited | ₹25.47 Cr (FY 2025) | 19.0% | Hyderabad, Telangana, India | |||
| Indiana Ophthalmics LLPthis company | ₹25.3 Cr (FY 2024) | ₹10.41 Cr | 41.2% | -47.0% | 226 | Surendranagar, Gujarat, India |
| Jasm Eye Hospitals Private Limited | ₹24.92 Cr (FY 2025) | 8.0% | Thrissur, Kerala, India | |||
| Dr. Rani Menon Maxivision Eye Hospitals Private Limited | ₹24.76 Cr (FY 2025) | 173.0% | Thrissur, Kerala, India | |||
| Sreedhareeyam Ayurvedic Eye Clinics and Panchakarma Centre Private Limited | ₹24.57 Cr (FY 2025) | 9.0% | Kaloor, Kerala, India | |||
| Dr.Virendra Laser and Phaco Surgery Center Private Limited | ₹23.87 Cr (FY 2024) | 6.0% | Jaipur, Rajasthan, India | |||
| Kar Vision Private Limited | ₹23.68 Cr (FY 2024) | 14.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of Indiana Ophthalmics LLP, buy the company report.
Legal cases
Indiana Ophthalmics LLP has 5 court cases on record: 4 filed by Indiana Ophthalmics, 1 filed against it. 3 cases are pending and 2 are disposed.
Total cases
5
Filed by the company
4
Filed against the company
1
Pending
3
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 2 |
| District courts | 1 | 1 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Pending |
| High Court of Gujarat | Court case (CIA) | Filed by the company against Registrar of Trade Marks | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Central Government of India | Pending |
| High Court of Gujarat | Court case (MCA) | Filed by the company against Registrar of Trade Marks | Disposed |
| High Court of Gujarat | Appeal | Filed by the company against Registrar of Trade Marks | Disposed |
To see the full case history of Indiana Ophthalmics LLP, 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 Indiana Ophthalmics LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Indiana Ophthalmics LLP has a workforce of 226 employees on its EPFO records as of Feb 28, 2025, across 1 active EPFO establishment.
Employee count
226
Active EPFO establishments
1
Employee growth
9.18%
GST
No GST registration is on our record for Indiana Ophthalmics LLP; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Indiana Ophthalmics LLP has 4 designated partner changes on record since 2022: 3 appointments and 1 cessation. The latest: Tarang Rajesh Bhatt ceased to be Partner on 28 Sep 2022.
AGM
Indiana Ophthalmics Llp last Annual general meeting of members was held on 31 Mar 2024 as per latest MCA records.
Filing
Indiana Ophthalmics Llp has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Tarang Rajesh Bhatt ceased to be Partner.
Appointed
Nirav Rajesh Bhatt was appointed as Designated Partner.
Appointed
Rajesh Harshavadan Bhatt was appointed as Designated Partner.
Appointed
Tarang Rajesh Bhatt was appointed as Designated Partner.
Incorporation
10 Feb 2022
Indiana Ophthalmics Llp was registered on 10 Feb 2022 with Roc Ahmedabad & aged 4 years 8 months as per MCA records.
Frequently asked questions
Indiana Ophthalmics is an active limited liability partnership based in Surendranagar, Gujarat, India. The LLP works in eye care and ophthalmology clinics, within the healthcare industry. It was incorporated on 10 February 2022 (4+ years old) and is registered under LLPIN ABA-5869.
Indiana Ophthalmics has 3 current designated partners:
- Rajesh Harshavadan Bhatt - Designated Partner
- Nirav Rajesh Bhatt - Designated Partner
- Tarang Rajesh Bhatt - Designated Partner
The latest financial statements of Indiana Ophthalmics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 March 2024. Year-wise statements from FY 2022 are in the company report.
The LLPIN (Limited Liability Partnership Identification Number) of Indiana Ophthalmics is ABA-5869. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Indiana Ophthalmics has 5 court cases on record: 4 filed by the LLP and 1 filed against it. 3 are pending. Most are in the high courts.
Indiana Ophthalmics was incorporated on 10 February 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Indiana Ophthalmics by revenue are Atharv Eye Hospital Private Limited, Visakha Nethra Jyothi Pvt. Ltd, SLR Netralayam Eye Hospital Private Limited, Sun Eye Hospital & Laser Centre Private Limited, Korpole Healthcare Private Limited and 5 more, all in the Healthcare industry (Eye Care).
Tarang Rajesh Bhatt ceased to be Partner on 28 Sep 2022. Nirav Rajesh Bhatt was appointed as Designated Partner on 10 Feb 2022. Rajesh Harshavadan Bhatt was appointed as Designated Partner on 10 Feb 2022. Indiana Ophthalmics has 4 designated partner changes on record in total.
Yes, Indiana Ophthalmics is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-23-0000174).
The registered office of Indiana Ophthalmics is at Plot No. 1351 1352 136 137 GIDC Iind Phase Wadhwan, Surendranagar, Gujarat, India – 363035.
Indiana Ophthalmics operates in the healthcare industry, in the eye care and ophthalmology clinics segment.