About Medfin India Private Limited
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Medfin India Private Limited was a private limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Bhs India Holding Inc.. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 08 September 2011.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2011PTC132550. Its GSTIN is 19AAHCM4140K1ZA (West Bengal). The company held 4 GST registrations, of which 2 are active.
The company had an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.05 Lakh. It was led by directors including Shantanu Rajendra Jha and Thirumalai Narayanan.
Its last annual general meeting (AGM) was held on 16 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 6th Floor New No.165 Menon Eternity Building St.Mary'S Road Alwarpet, Chennai, Tamil Nadu, India – 600018.
As per the financials filed for FY 2020, the company reported a revenue of ₹57.87 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹4.09 Cr (net margin 7.1%) and EBITDA of ₹6.11 Cr (EBITDA margin 10.6%).
The company had about 10 employees on its provident fund (EPFO) records before it was dissolved.
The last known website on record is medfinindia.com.
Company details
CIN history
Medfin India has one previous CIN (Corporate Identification Number): U72900DL2011PTC224777. The current CIN is U72900TN2011PTC132550, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900TN2011PTC132550 | Current |
| U72900DL2011PTC224777 | Previous |
Contact details
Medfin India Private Limited's registered office is in Chennai, Tamil Nadu. Its website is medfinindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address6th Floor New No.165 Menon Eternity Building St.Mary'S Road Alwarpet, Chennai, Tamil Nadu, India – 600018
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Medfin 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
Business activity
The main business activity of Medfin India is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Medfin India Private Limited, buy the company report.
Financials of Medfin India Private Limited
FY 2020 filings availableMedfin India Private Limited reported revenue of ₹57.87 Cr (up 25% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 25% in the latest year. EBITDA fell 3% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Revenue | ₹57.87 Cr | ||||
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| Total Expenses | |||||
| EBITDA | ₹6.11 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.09 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.6% | ||||
| Net Profit Margin | 7.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Medfin India Private Limited, buy the company report.
Board of directors of Medfin India Private Limited
Medfin India has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shantanu Rajendra Jha | Director | 03 Aug 2020 | 6 Years 2 Months | As last reported |
| Thirumalai Narayanan | Director | 09 Jul 2018 | 8 Years 3 Months | As last reported |
| Ramaseshan Kothandaraman Also directs: Servion Global Solutions Private Limited | Director | 05 Dec 2018 | 7 Years 10 Months | As last reported |
Auditor
Medfin India Private Limited is audited by RAVI RAJAN & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVI RAJAN & CO | FY 2019 | 009073N |
Shareholding
The shareholding of Medfin India Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Medfin India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Medfin India 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 Medfin India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Medfin India Private Limited has a workforce of 10 employees on its EPFO records as of Apr 03, 2024, across 2 active EPFO establishments.
GST
Medfin India has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAHCM4140K1ZA | West Bengal | Active | 01 Jul 2017 |
| 36AAHCM4140K2ZD | Telangana | Active | 31 Aug 2017 |
To see the full GST registrations and return filing status of Medfin India Private Limited, buy the company report.
Recent activity
Medfin India Private Limited has 18 board changes on record since 2013: 3 appointments and 15 cessations. The latest: Shantanu Rajendra Jha ceased to be Additional Director on 16 Sep 2020.
9 earlier events are in the company report.
Frequently asked questions
Medfin India 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.
Medfin India was a private limited company based in Chennai, Tamil Nadu, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 08 September 2011 and is registered under CIN U72900TN2011PTC132550. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Medfin India was incorporated on 08 September 2011. It is registered with the Registrar of Companies, Chennai.
Medfin India had 3 directors:
- Shantanu Rajendra Jha - Director
- Thirumalai Narayanan - Director
- Ramaseshan Kothandaraman - Director
The CIN (Corporate Identification Number) of Medfin India is U72900TN2011PTC132550. 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 Medfin India is at 6th Floor New No.165 Menon Eternity Building St.MaryS Road Alwarpet, Chennai, Tamil Nadu, India – 600018.
Medfin India can be reached through the website medfinindia.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Medfin India on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 16 September 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Medfin India is 19AAHCM4140K1ZA, registered in West Bengal. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 36AAHCM4140K2ZD (Telangana).
Medfin India operated in the business outsourcing industry, in the business and IT consulting segment.