About Spurthi Meditech Solutions Private Limited
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Spurthi Meditech Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the third party admins segment of the financial services sector. It was incorporated on 10 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2009PTC050588. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.5 Cr. It was formerly known as Spurthi Meditech (Tpa) Solutions Private Limited. It is led by directors including Prasanna Kumar Krishna Murthy and Ramesh Hanamantgouda Odugaudar.
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 Bangalore, Karnataka.
As per the financials filed for FY 2016, the company reported a revenue of ₹19.89 Lakh, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹2.67 Cr and EBITDA of -₹49.01 Lakh (EBITDA margin -246.5%).
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spurthimeditech.com.
Company details
Contact details
Spurthi Meditech Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is spurthimeditech.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNew No.1108 – H (Khatha No.5/1) 9th Main 4th Cross Hampinagar Rpc Lay, Out, Bangalore, Karnataka, India – 560104
- IndustryFinancial Services, Third Party Admins
To see the full contact details of Spurthi Meditech 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
Financials of Spurthi Meditech Solutions Private Limited
FY 2025 filings availableSpurthi Meditech Solutions Private Limited reported revenue of ₹19.89 Lakh (down 58% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 58% 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 | ₹19.89 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹49.01 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹2.67 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 | -246.5% | |
| Net Profit Margin | ||
| 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 Spurthi Meditech Solutions Private Limited, buy the company report.
Board of directors of Spurthi Meditech Solutions Private Limited
Spurthi Meditech Solutions has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasanna Kumar Krishna Murthy | Director | 10 Aug 2009 | 17 Years 2 Months | Current |
| Ramesh Hanamantgouda Odugaudar | Director | 10 Aug 2009 | 17 Years 2 Months | Current |
| Satishkumar Ramachandra | Director | 10 Aug 2009 | 17 Years 2 Months | Current |
Auditor
Spurthi Meditech Solutions Private Limited is audited by K S DINESH & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K S DINESH & ASSOCIATES | FY 2016 | 009316S |
Shareholding
The shareholding of Spurthi Meditech Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Spurthi Meditech Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Spurthi Meditech 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 Spurthi Meditech Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spurthi Meditech 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 Spurthi Meditech Solutions Private Limited, buy the company report.
Recent activity
Spurthi Meditech Solutions Private Limited has 8 board changes on record since 2009: 3 appointments and 5 cessations. The latest: Prakash Krishnappa Koliwad ceased to be Director on 04 Apr 2019.
Frequently asked questions
Spurthi Meditech Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in third party admins, within the financial services industry. It was incorporated on 10 August 2009 (17+ years old) and is registered under CIN U74999KA2009PTC050588.
Spurthi Meditech Solutions has 3 current directors:
- Prasanna Kumar Krishna Murthy - Director
- Ramesh Hanamantgouda Odugaudar - Director
- Satishkumar Ramachandra - Director
The latest financial statements of Spurthi Meditech Solutions 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.
No. Spurthi Meditech Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Spurthi Meditech Solutions is U74999KA2009PTC050588. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spurthi Meditech Solutions was incorporated on 10 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
Prakash Krishnappa Koliwad ceased to be Director on 04 Apr 2019. Guruprasad Narayan ceased to be Director on 17 Jul 2017. Chandu Gowrapura Nataraj ceased to be Director on 28 Dec 2016. Spurthi Meditech Solutions has 8 board changes on record in total.
Spurthi Meditech Solutions can be reached through the website spurthimeditech.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Spurthi Meditech Solutions is at New No.1108 – H Khatha No.51 9th Main 4th Cross Hampinagar Rpc Lay, Out, Bangalore, Karnataka, India – 560104.
Spurthi Meditech Solutions operates in the financial services industry, in the third party admins segment.
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