About Insta Health Solutions Private Limited
Data last updated:
Insta Health Solutions Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Practo Pte Ltd. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the healthtech and medical tech solutions segment of the healthcare sector. It was incorporated on 21 November 2006.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA2006PTC040996. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.14 Cr. It was formerly known as Insta Health Services Private Limited. It was led by directors Ramesh Narayan Emani and Srinivasan Subramanian.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Rps Green Space No.165/5 1st Main Krishnaraju Layout J.P.Nagar, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2016, the company reported a revenue of ₹10.42 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net loss of ₹3.86 Cr (net margin -37.1%) and EBITDA of -₹2.12 Cr (EBITDA margin -20.3%).
The company had about 91 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 2 brands: Insta by Practo and Insta by Practo.
The last known website on record is instahealthsolutions.com.
Company details
Contact details
Insta Health Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is instahealthsolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRps Green Space No.165/5 1st Main Krishnaraju Layout J.P.Nagar, Bangalore, Karnataka, India – 560076
- IndustryHealthcare, HealthTech & Medical Tech Solutions
To see the full contact details of Insta Health Solutions 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
Insta Health Solutions operates two associated brands: Insta by Practo and Insta by Practo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Clinic and hospital management software is provided by Insta HMS. | instahms.com | |
| Healthcare software for clinic and hospital management, including compliance and patient administration. | instahealthsolutions.com |
Business activity
The main business activities of Insta Health Solutions are information and communication and support service to organizations. In detail, this covers computer programming, consultancy and related activities and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Insta Health Solutions Private Limited, buy the company report.
Financials of Insta Health Solutions Private Limited
FY 2016 filings availableInsta Health Solutions Private Limited reported revenue of ₹10.42 Cr (up 28% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 28% in the latest year. EBITDA fell 253% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹10.42 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹2.12 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹3.86 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -20.3% | |
| Net Profit Margin | -37.1% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| 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 Insta Health Solutions Private Limited, buy the company report.
Board of directors of Insta Health Solutions Private Limited
Insta Health Solutions has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Narayan Emani | Director | 05 May 2008 | 18 Years 6 Months | As last reported |
| Srinivasan Subramanian | Director | 01 Oct 2012 | 14 Years 1 Months | As last reported |
Auditor
Insta Health Solutions Private Limited is audited by GURU & JANA for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GURU & JANA | FY 2016 | 006826S |
Shareholding
The shareholding of Insta Health Solutions Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Insta Health Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Insta Health Solutions 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 Insta Health Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Insta Health Solutions has 2 associated companies. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
GST
Insta Health Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Insta Health Solutions Private Limited, buy the company report.
Recent activity
Insta Health Solutions Private Limited has 8 board changes on record since 2008: 2 appointments and 6 cessations. The latest: Samir Kumar ceased to be Director on 28 Nov 2015.
Frequently asked questions
Insta Health Solutions has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Insta Health Solutions was a private limited company based in Bangalore, Karnataka, India. The company worked in healthtech and medical tech solutions, within the healthcare industry. It was incorporated on 21 November 2006 and is registered under CIN U85110KA2006PTC040996. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Insta Health Solutions was incorporated on 21 November 2006. It is registered with the Registrar of Companies, Bangalore.
Insta Health Solutions had 2 directors:
- Ramesh Narayan Emani - Director
- Srinivasan Subramanian - Director
The CIN (Corporate Identification Number) of Insta Health Solutions is U85110KA2006PTC040996. 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 Insta Health Solutions is at Rps Green Space No.1655 1st Main Krishnaraju Layout J.P.Nagar, Bangalore, Karnataka, India – 560076.
Insta Health Solutions can be reached through the website instahealthsolutions.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Insta Health Solutions on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Insta Health Solutions has 1 GST registration on record and it is cancelled or inactive.
Insta Health Solutions operated in the healthcare industry, in the healthtech and medical tech solutions segment.
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