About Metastring Foundation
Data last updated:
Metastring Foundation is a private not for profit company based in Bangalore, Karnataka, India. It operates in the hospital and clinical services segment of the healthcare sector. It was incorporated on 04 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85100KA2014NPL073911. Its GSTIN is 29AAUCS3258B1Z0 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Strand Life Foundation. It is led by directors Vijaya Chandru and Ramesh Hariharan.
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 # 591/11 3rd Main Road Sadashivanagar, Bangalore, Karnataka, India – 560080.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.19 Cr, a growth of 135% compared to the previous year. For the same year it recorded a net loss of ₹1.92 Lakh (net margin -1.6%) and EBITDA of -₹1.81 Lakh (EBITDA margin -1.5%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 23% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website metastringfoundation.org.
Company details
Contact details
Metastring Foundation's registered office is in Bangalore, Karnataka. Its website is metastringfoundation.org. Its e-mail address is in the company report.
- Email
- Website
- Registered Address# 591/11 3rd Main Road Sadashivanagar, Bangalore, Karnataka, India – 560080
- IndustryHealthcare, Hospitals
To see the full contact details of Metastring Foundation, 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
Financials of Metastring Foundation
FY 2025 filings availableMetastring Foundation reported revenue of ₹1.19 Cr (up 135% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 135% growth in the latest year. EBITDA rose 74% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.81 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.92 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.5% | ||||
| Net Profit Margin | -1.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| 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 Metastring Foundation, buy the company report.
Board of directors of Metastring Foundation
Metastring Foundation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijaya Chandru Also directs: Syngene International Limited, Crisprbits Private Limited, Gyroid Photonics Innovations and Technologies Private Limited and 5 more | Director | 04 Mar 2014 | 12 Years 8 Months | Current |
| Ramesh Hariharan Also directs: Strand Life Sciences Private Limited, TGB Diagnostics Foundation | Director | 04 Mar 2014 | 12 Years 8 Months | Current |
Peer comparison
Metastring Foundation is compared with the 8 companies closest to it by revenue in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (other hospital and medical care activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Auromed Hospitals Private Limited | ₹1.2 Cr (FY 2018) | -79.0% | Puducherry, India | |||
| Jerath Enterprise Private Limited | ₹1.2 Cr (FY 2023) | Jalandhar, Punjab, India | ||||
| Avantika Medicare Private Limited | ₹1.2 Cr (FY 2024) | 4.0% | Jalgaon, Maharashtra, India | |||
| Life Line Maternity and Nursing Home Pvt Ltd | ₹1.19 Cr (FY 2024) | 39.0% | Hyderabad, Telangana, India | |||
| Shrikhande Hospital & Research Centre Private Limited | ₹1.19 Cr (FY 2025) | 10.0% | Nagpur, Maharashtra, India | |||
| Metastring Foundationthis company | ₹1.19 Cr (FY 2024) | -₹1.92 Lakh | -1.6% | 135.0% | Bangalore, Karnataka, India | |
| Misha Clinic Private Limited | ₹1.18 Cr (FY 2024) | -30.0% | Hajipur, Bihar, India | |||
| Manshi Life-Sciences Private Limited | ₹1.17 Cr (FY 2023) | -67.0% | Gorakhpur, Uttar Pradesh, India | |||
| Kiranraj Hospital and Maternity Private Limited | ₹1.17 Cr (FY 2024) | 8.0% | Banaskantha, Gujarat, India |
To see the full peer comparison of Metastring Foundation, buy the company report.
Auditor
Metastring Foundation is audited by G ANANTHA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G ANANTHA & CO | FY 2020 | 005160S |
Shareholding
The shareholding of Metastring Foundation is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Metastring Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Metastring Foundation 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 Metastring Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Metastring Foundation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAUCS3258B1Z0 | Karnataka | Active | 13 May 2020 |
To see the full GST registrations and return filing status of Metastring Foundation, buy the company report.
Recent activity
Metastring Foundation has 2 board changes on record since 2014: 2 appointments. The latest: Ramesh Hariharan was appointed as Director on 04 Mar 2014.
Frequently asked questions
Metastring Foundation is an active private not for profit company based in Bangalore, Karnataka, India. The company works in hospitals, within the healthcare industry. It was incorporated on 04 March 2014 (12+ years old) and is registered under CIN U85100KA2014NPL073911.
Metastring Foundation has 2 current directors:
- Vijaya Chandru - Director
- Ramesh Hariharan - Director
The latest financial statements of Metastring Foundation 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 2015 are in the company report.
The GSTIN of Metastring Foundation is 29AAUCS3258B1Z0, registered in Karnataka.
The CIN (Corporate Identification Number) of Metastring Foundation is U85100KA2014NPL073911. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Metastring Foundation was incorporated on 04 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Metastring Foundation by revenue are Auromed Hospitals Private Limited, Jerath Enterprise Private Limited, Avantika Medicare Private Limited, Life Line Maternity and Nursing Home Pvt Ltd, Shrikhande Hospital & Research Centre Private Limited and 3 more, all in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (other hospital and medical care activities).
Ramesh Hariharan was appointed as Director on 04 Mar 2014. Vijaya Chandru was appointed as Director on 04 Mar 2014.
Metastring Foundation can be reached through the website metastringfoundation.org. Its registered office is in Bangalore, Karnataka, India.
The registered office of Metastring Foundation is at # 59111 3rd Main Road Sadashivanagar, Bangalore, Karnataka, India – 560080.
Metastring Foundation operates in the healthcare industry, in the hospitals segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
