About Advanced Eye Institute Private Limited
Data last updated:
Advanced Eye Institute Private Limited was a private limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Dr. Agarwal's Health Care Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the eye care and ophthalmology clinics segment of the healthcare sector. It was incorporated on 19 October 2011.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U74900TN2011PTC141020. Its GSTIN is 33AAJCA9689F1Z9 (Tamil Nadu). The company held 4 GST registrations, of which 2 are active.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.72 Cr. It was led by directors Anosh Agarwal and Adil Agarwal.
Its last annual general meeting (AGM) was held on 17 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 1st Floor Buhari Towers No.4 Moores Road Off Greams Road, Chennai, Tamil Nadu, India – 600006.
As per the financials filed for FY 2020, the company reported a revenue of ₹9.21 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹3.77 Lakh (net margin 0.4%) and EBITDA of ₹2.65 Cr (EBITDA margin 28.7%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 13% over five years.
The company had about 34 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Advanced Eye Hospital and Institute. As per MCA filings, the company had satisfied charges of ₹5 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 11 deals on record (7 secondary share transfers, 4 funding rounds), with disclosed funding of ₹3.52 Cr; the latest was in March 2020.
The last known website on record is advancedeyehospital.com.
Company details
CIN history
Advanced Eye Institute has one previous CIN (Corporate Identification Number): U74900MH2011PTC223264. The current CIN is U74900TN2011PTC141020, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900TN2011PTC141020 | Current |
| U74900MH2011PTC223264 | Previous |
Contact details
Advanced Eye Institute Private Limited's registered office is in Chennai, Tamil Nadu. Its website is advancedeyehospital.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address1st Floor Buhari Towers No.4 Moores Road Off Greams Road, Chennai, Tamil Nadu, India – 600006
- IndustryHealthcare, Eye Care & Ophthalmology Clinics
To see the full contact details of Advanced Eye Institute 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
Advanced Eye Institute operates one associated brand: Advanced Eye Hospital and Institute. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Standalone eye care hospital | advancedeyehospital.com |
Financials of Advanced Eye Institute Private Limited
FY 2020 filings availableAdvanced Eye Institute Private Limited reported revenue of ₹9.21 Cr (up 1% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 1% growth in the latest year. EBITDA rose 7% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹9.21 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.77 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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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 | 28.7% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Advanced Eye Institute Private Limited, buy the company report.
Board of directors of Advanced Eye Institute Private Limited
Advanced Eye Institute has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anosh Agarwal | Director | 12 Dec 2019 | 6 Years 10 Months | As last reported |
| Adil Agarwal Also directs: Dr. Agarwal's Health Care Limited, Dr. Agarwal's Eye Hospital Limited, Aditya Jyot Eye Hospital Private Limited and 2 more | Director | 12 Dec 2019 | 6 Years 10 Months | As last reported |
Auditor
Advanced Eye Institute Private Limited is audited by A S V S & CO LLP for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A S V S & CO LLP | FY 2020 | 009840S |
Shareholding
The shareholding of Advanced Eye Institute Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Advanced Eye Institute Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Aug 2012 | 10368543 | Hdfc Bank Limited | ₹5 Cr | Satisfied |
To see the full charge records of Advanced Eye Institute Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Advanced Eye Institute Private Limited has 11 deals on record (7 secondary share transfers, 4 funding rounds), with disclosed funding of ₹3.52 Cr; the latest was in March 2020.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2019 | Secondary share transfer | Undisclosed | Buyer: Dr. Agarwal's Health Care Limited , Dr. Agarwal's Health Care Limited & Adil Agarwal Seller: 2 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Sharp Power and Communication Equipments (India ) Private Limited , an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Crown Crops Science Private Limited , Sprint Vanijya Private Limited |
| Aug 2012 | Funding round | ₹32.5 Lakh | Investors: Sharp Power and Communication Equipments (India ) Private Limited , an individual |
| Mar 2012 | Funding round | ₹1.3 Cr | Investors: Sprint Vanijya Private Limited , Crown Crops Science Private Limited |
To see the full deal history of Advanced Eye Institute Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Advanced Eye Institute Private Limited has 2 court cases on record: 2 filed by Advanced Eye Institute. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Expert Aircon Pvt Ltd and 2 | Disposed |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Expert Aircon Pvt Ltd and 2 | Disposed |
To see the full case history of Advanced Eye Institute Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Advanced Eye Institute Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Advanced Eye Institute Private Limited has a workforce of 34 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Advanced Eye Institute has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCA9689F1Z9 | Tamil Nadu | Active | 29 Mar 2021 |
| 27AAJCA9689F3Z0 | Maharashtra | Active | 04 May 2020 |
To see the full GST registrations and return filing status of Advanced Eye Institute Private Limited, buy the company report.
Recent activity
Advanced Eye Institute Private Limited has 7 board changes on record since 2019: 2 appointments and 5 cessations. The latest: Vandana Jain ceased to be Director on 21 Oct 2020.
Frequently asked questions
Advanced Eye Institute 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.
Advanced Eye Institute was a private limited company based in Chennai, Tamil Nadu, India. The company worked in eye care and ophthalmology clinics, within the healthcare industry. It was incorporated on 19 October 2011 and is registered under CIN U74900TN2011PTC141020. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Advanced Eye Institute was incorporated on 19 October 2011. It is registered with the Registrar of Companies, Chennai.
Advanced Eye Institute had 2 directors:
- Anosh Agarwal - Director
- Adil Agarwal - Director
The CIN (Corporate Identification Number) of Advanced Eye Institute is U74900TN2011PTC141020. 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 Advanced Eye Institute is at 1st Floor Buhari Towers No.4 Moores Road Off Greams Road, Chennai, Tamil Nadu, India – 600006.
Advanced Eye Institute can be reached through the website advancedeyehospital.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Advanced Eye Institute on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 17 September 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Advanced Eye Institute is 33AAJCA9689F1Z9, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAJCA9689F3Z0 (Maharashtra).
Advanced Eye Institute operated in the healthcare industry, in the eye care and ophthalmology clinics segment.
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