Medvantage Hospital Solutions Private Limited
About Medvantage Hospital Solutions Private Limited
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Medvantage Hospital Solutions Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 28 June 2012.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U33110KA2012PTC064619. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3 Lakh. It was led by directors including Yallenahalli Suresh Basavarajaiah and Belavanur Shankarappa Shivalingaswamy.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 32 1st Floor 2nd Main Road Kamakishipalya Industrial Extension, Bangalore, Karnataka, India – 560079.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.56 Lakh, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹19,644 (net margin -4.3%) and EBITDA of -₹19,644 (EBITDA margin -4.3%). Revenue has declined at a compounded annual rate (CAGR) of 65% over three years.
Company details
Contact details
Medvantage Hospital Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address32 1st Floor 2nd Main Road Kamakishipalya Industrial Extension, Bangalore, Karnataka, India – 560079
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of Medvantage Hospital 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
Business activity
The main business activity of Medvantage Hospital Solutions is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Medvantage Hospital Solutions Private Limited, buy the company report.
Financials of Medvantage Hospital Solutions Private Limited
FY 2019 filings availableMedvantage Hospital Solutions Private Limited reported revenue of ₹4.56 Lakh (down 70% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 65% over three years, including a 70% fall in the latest year. EBITDA rose 94% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹19,644 | ||||
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| Net Profit (PAT) | -₹19,644 | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | -4.3% | ||||
| Net Profit Margin | -4.3% | ||||
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To see the full financial statements and ratios of Medvantage Hospital Solutions Private Limited, buy the company report.
Board of directors of Medvantage Hospital Solutions Private Limited
Medvantage Hospital Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yallenahalli Suresh Basavarajaiah Also directs: Total Power Conditioners Private Limited | Director | 28 Jun 2012 | 14 Years 4 Months | As last reported |
| Belavanur Shankarappa Shivalingaswamy Also directs: Total Power Conditioners Private Limited | Director | 28 Jun 2012 | 14 Years 4 Months | As last reported |
| Marilingappa Rajappa Suma | Director | 08 Nov 2013 | 13 Years 0 Months | As last reported |
Auditor
Medvantage Hospital Solutions Private Limited is audited by LINGA RAJU & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LINGA RAJU & CO | FY 2018 | 007924S |
Shareholding
The shareholding of Medvantage Hospital Solutions Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Medvantage Hospital Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Medvantage Hospital 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 Medvantage Hospital Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Medvantage Hospital 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 Medvantage Hospital Solutions Private Limited, buy the company report.
Recent activity
Medvantage Hospital Solutions Private Limited has 4 board changes on record since 2012: 3 appointments and 1 cessation. The latest: Marilingappa Rajappa Suma was appointed as Director on 08 Nov 2013.
Frequently asked questions
Medvantage Hospital Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Medvantage Hospital Solutions was a private limited company based in Bangalore, Karnataka, India. The company worked in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 28 June 2012 and is registered under CIN U33110KA2012PTC064619. The company has been struck off by the Registrar of Companies and is no longer operational.
Medvantage Hospital Solutions had 3 directors:
- Yallenahalli Suresh Basavarajaiah - Director
- Belavanur Shankarappa Shivalingaswamy - Director
- Marilingappa Rajappa Suma - Director
The CIN (Corporate Identification Number) of Medvantage Hospital Solutions is U33110KA2012PTC064619. 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 Medvantage Hospital Solutions is at 32 1st Floor 2nd Main Road Kamakishipalya Industrial Extension, Bangalore, Karnataka, India – 560079.
Medvantage Hospital Solutions was incorporated on 28 June 2012. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Medvantage Hospital Solutions on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Medvantage Hospital Solutions has 1 GST registration on record and it is cancelled or inactive.
Medvantage Hospital Solutions operated in the healthcare industry, in the medical equipment retail and distribution segment. It worked in this industry before it was struck off.
Marilingappa Rajappa Suma was appointed as Director on 08 Nov 2013. Rajesh Neelakanth Patil ceased to be Director on 22 Aug 2013. Belavanur Shankarappa Shivalingaswamy was appointed as Director on 28 Jun 2012. Medvantage Hospital Solutions has 4 board changes on record in total.
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