About Medicodio Software Private Limited
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Medicodio Software Private Limited is a foreign private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 14 March 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2022FTC158844. Its GSTIN is 29AAPCM5482L1ZK (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10,000. It is led by directors including Basavaraj C Vaidyamath and Shivakumar Chandrabhushan Vaidyamath.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Brigade Tech Park, Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.58 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹56.62 Lakh (net margin 12.4%) and EBITDA of ₹82.99 Lakh (EBITDA margin 18.1%).
The company has about 21 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Medicodio.
For more details, the company can be reached via its website medicodio.com.
Company details
Contact details
Medicodio Software Private Limited's registered office is in Bangalore, Karnataka. Its website is medicodio.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBrigade Tech Park 8th Floor B Block, Itpl Main Road Whitefield, Bangalore, Karnataka, India – 560066
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Medicodio Software 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
Medicodio Software operates one associated brand: Medicodio. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| MediCodio provides AI tools for medical coding to enhance healthcare accuracy and speed. | medicodio.com |
Business activity
The main business activity of Medicodio Software is information and communication. In detail, this covers computer programming, consultancy and related activities.
| 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 |
To see the full business activity and turnover split of Medicodio Software Private Limited, buy the company report.
Financials of Medicodio Software Private Limited
FY 2025 filings availableMedicodio Software Private Limited reported revenue of ₹4.58 Cr (up 257% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 257% in the latest year. EBITDA rose 287% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹82.99 Lakh | ||
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| Net Profit (PAT) | ₹56.62 Lakh | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | |||
| EBITDA Margin | 18.1% | ||
| Net Profit Margin | 12.4% | ||
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To see the full financial statements and ratios of Medicodio Software Private Limited, buy the company report.
Board of directors of Medicodio Software Private Limited
Medicodio Software has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Basavaraj C Vaidyamath Also directs: Neocube Spaces Private Limited | Director | 14 Mar 2022 | 4 Years 7 Months | Current |
| Shivakumar Chandrabhushan Vaidyamath Also directs: Blutech Consulting and Technologies Private Limited | Director | 14 Mar 2022 | 4 Years 7 Months | Current |
| Umesh Chandrabhushan Vaidyamath Also directs: Neocube Spaces Private Limited | Director | 30 Dec 2025 | 0 Years 10 Months | Current |
Peer comparison
Medicodio Software Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Inhawk IT Solutions Private Limited | ₹4.59 Cr (FY 2025) | -20.0% | Bangalore, Karnataka, India | |||
| Tyler Payment Technologies Private Limited | ₹4.59 Cr (FY 2024) | 88.0% | Ernad, Kerala, India | |||
| Lambdazen India Private Limited | ₹4.59 Cr (FY 2024) | 18.0% | Bangalore, Karnataka, India | |||
| Saral Information Technologies Private Limited | ₹4.59 Cr (FY 2024) | 60.0% | Ahmedabad, Gujarat, India | |||
| Medicodio Software Private Limitedthis company | ₹4.58 Cr (FY 2024) | ₹56.62 Lakh | 12.4% | 257.0% | Bangalore, Karnataka, India | |
| Arch Innovations Private Limited | ₹4.58 Cr (FY 2025) | -20.0% | Bangalore, Karnataka, India | |||
| Softqube Technologies Private Limited | ₹4.58 Cr (FY 2024) | 4.0% | Ahmedabad, Gujarat, India | |||
| NWD Soft Infrastructure Private Limited | ₹4.58 Cr (FY 2025) | 346.0% | New Delhi, Delhi, India |
To see the full peer comparison of Medicodio Software Private Limited, buy the company report.
Auditor
Medicodio Software Private Limited is audited by M.Prabhu & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.Prabhu & Associates | FY 2023 | 023127S |
Shareholding
The shareholding of Medicodio Software Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Medicodio Software Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Medicodio Software 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 Medicodio Software Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Medicodio Software has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAPCM5482L1ZK | Karnataka | Active | 10 Oct 2022 |
To see the full GST registrations and return filing status of Medicodio Software Private Limited, buy the company report.
Recent activity
Medicodio Software Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Umesh Chandrabhushan Vaidyamath was appointed as Director on 30 Dec 2025.
Frequently asked questions
Medicodio Software is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 14 March 2022 (4+ years old) and is registered under CIN U72900KA2022FTC158844.
Medicodio Software has 3 current directors:
- Basavaraj C Vaidyamath - Director
- Shivakumar Chandrabhushan Vaidyamath - Director
- Umesh Chandrabhushan Vaidyamath - Director
The latest financial statements of Medicodio Software on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Medicodio Software is 29AAPCM5482L1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Medicodio Software is U72900KA2022FTC158844. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Medicodio Software was incorporated on 14 March 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Medicodio Software by revenue are Inhawk IT Solutions Private Limited, Tyler Payment Technologies Private Limited, Lambdazen India Private Limited, Saral Information Technologies Private Limited, Arch Innovations Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Umesh Chandrabhushan Vaidyamath was appointed as Director on 30 Dec 2025. Basavaraj C Vaidyamath was appointed as Director on 14 Mar 2022. Shivakumar Chandrabhushan Vaidyamath was appointed as Director on 14 Mar 2022.
Medicodio Software can be reached through the website medicodio.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Medicodio Software is at Brigade Tech Park 8th Floor B Block, Itpl Main Road Whitefield, Bangalore, Karnataka, India – 560066.
Medicodio Software operates in the information technology industry, in the application development and software solutions segment.
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