ASTER MEDISPRO

Bengaluru, India Founded: 2001 • Age: 25 yrs
Manufactures life-saving medical devices for urology, radiology, and healthcare needs.

About ASTER MEDISPRO

ASTER MEDISPRO is a Healthcare company based in Bengaluru (India) founded in 2001. It manufactures life-saving medical devices for urology, radiology, and healthcare needs. It operates on a B2B model. The company has 76 employees. Its Indian entity Aster Medispro Private Limited reported revenue of β‚Ή16.04 Cr. ASTER MEDISPRO offers products and services including Stents, Catheters, Dilators, Retrievers, and Electrodes. Its focus areas include Medical Devices, Urology, Stents and Catheters and Radiology. Similar companies include GE Healthcare, Medtronic, Boston Scientific, Baxter and CONMED and 5 more; 2 of its 10 listed similar companies have raised funding.

Company details

Aster Medispro Private Limited is an Indian manufacturer of quality medical devices specializing in urology, radiology, gastroenterology, and gynaecology. They produce items like stents, catheters, and guide wires using modern technology and foreign collaborated machinery. Based in Bangalore, the company focuses on innovation, reliable service, and meeting the needs of healthcare professionals through distribution networks. Their products aim to improve patient care and medical outcomes.

  • Headquarters Bengaluru, India
  • Employees 76
  • Sectors
    Healthcare
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website astermedispro.net
  • Social X Facebook
  • Legal Name Aster Medispro Private Limited
  • Date of Incorporation 20 Sep, 2001
  • Jurisdiction Jigani, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹16.04 Cr

    FY 2024 · +44% YoY

  • Net Profit
    ₹42.4 Lakh

    FY 2024 · 3% margin

  • EBITDA
    ₹2.42 Cr

    FY 2024 · 15% margin

  • Employee Count
    76

Products & Services of ASTER MEDISPRO

ASTER MEDISPRO offers a comprehensive portfolio of products and services, including Stents, Catheters, Dilators, Retrievers, and Electrodes.

Stents
Urology Devices

Used to maintain ureter patency in kidney stone procedures

Catheters
Urology Devices

Facilitates drainage and navigation in the ureter

Dilators
Urology Devices

Used for dilating the penile urethral meatus

Retrievers
Urology Devices

Tools to remove renal calculi during procedures

Electrodes
Medical Devices

Supports various medical procedures in specialties

Guide Wires
Medical Devices

Aids in navigation for urological interventions

Board of directors of Aster Medispro Private Limited (ASTER MEDISPRO)

Aster Medispro Private Limited is the primary company behind ASTER MEDISPRO. The board of Aster Medispro Private Limited currently have 2 directors; the longest-serving is Manikandan Thachat, appointed in 2001. 6 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Manikandan Thachat
DIN 02213219
Managing Director20 Sep 200125 yrs 1 moAster Medispro Private Limited
Manikandan Shakeela
DIN 09113130
Director19 Mar 20215 yrs 7 moAster Medispro Private Limited

Financials of ASTER MEDISPRO

Figures of Aster Medispro Private Limited, the primary company behind ASTER MEDISPRO, for FY 2024. Revenue was ₹16.04 Cr (+44% year on year). Net profit was ₹42.4 Lakh (3% margin). EBITDA was ₹2.42 Cr (15% margin). Revenue has grown at a compounded annual rate of +41% over three years and +15% over five years.

  • ₹16.04 CrRevenue · FY 2024 · +44% YoY
  • ₹42.4 LakhNet profit · 3% margin
  • ₹2.42 CrEBITDA · 15% margin
  • ₹33 LakhPaid-up capital
  • 76Employees (provident fund records)
  • +41%Revenue CAGR, 3 years
  • +15%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Aster Medispro Private Limited are on its company page.

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Detailed financial statements for ASTER MEDISPRO

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Similar companies to ASTER MEDISPRO

ASTER MEDISPRO has 10 listed similar companies in our database, 2 of them funded. They include GE Healthcare, Medtronic, Boston Scientific, Baxter and CONMED, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
gehealthcare.com1892Chicago, United States$29.13M16,700
Materials management solutions are provided for healthcare organizations.
medtronic.com1949Minneapolis, United States–1,114
Medical equipment for treating over 30 chronic diseases is developed.
bostonscientific.com1979Marlborough, United States–63,359
Wide range of medical devices
baxter.com1931Deerfield, United States–13
Biosciences, medication delivery, and renal products are developed and marketed.
conmed.com1987Utica, United States–4,100
Surgical instruments are manufactured for multiple therapeutic areas.
jnj.com1886New Brunswick, United States–214
Healthcare solutions are provided by Johnson & Johnson globally.
commure.com2016San Francisco, United States$753.3M316
Complex healthcare challenges are addressed through technology solutions by Commure.
hologic.com1985Marlborough, United States–6,705
Diagnostic and surgical products for women's healthcare are provided.
coherent.com1966Santa Clara, United States––
Laser-based and photonics products are manufactured for multiple applications.
danaher.com1969––63,000
Dental equipment and medical instruments are manufactured for therapeutic areas.
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Detailed similar companies of ASTER MEDISPRO

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Top companies in Medical Equipment & Supplies

10 companies that operate in the same segment as ASTER MEDISPRO (Medical Equipment & Supplies), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Software and integrated solutions for surgical and radiotherapy applications
1989Munchen, Bayern, GermanyUSD 5.38 MUSD 1.18 M18
Robotic waterjet system for prostate tissue removal is developed.
2009Redwood City, California, United StatesUSD 348.84 MUSD 308.05 M756
Collaborative surgical robotic systems are provided for hospital procedures.
2014Cambridge, Cambridgeshire, United KingdomUSD 1.68 BUSD 48.75 M680
Robotic microsurgical systems for endoscopy are developed.
2007Redwood City, California, United StatesUSD 733.62 M–91
Augmented reality systems for guiding surgical procedures are developed.
2014Yokneam Illit, North District, IsraelUSD 142.6 M––
Manufacturer of imaging and surgical products
1919Tokyo, Tokyo, Japan–USD 6.49 B35,933
Injectable packaging, containment, and delivery solutions are manufactured.
1923Exton, Pennsylvania, United States–USD 3.07 B10,600
Rapid infusion systems are provided for critically ill patients.
2012Durham, North Carolina, United StatesUSD 77.98 M––
Mobile robots are manufactured for industries including healthcare and agriculture.
2013Odense, DenmarkUSD 81.44 M–303
Visualization systems for surgical procedures are developed using machine learning.
2016Seattle, Washington, United StatesUSD 74.25 M–52
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Frequently Asked Questions about ASTER MEDISPRO

ASTER MEDISPRO was founded in 2001.

ASTER MEDISPRO is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

ASTER MEDISPRO has 76 employees.

The primary company behind ASTER MEDISPRO, Aster Medispro Private Limited, reported revenue of β‚Ή16.04 Cr for FY 2024, up 44% year on year.

Aster Medispro Private Limited is an Indian manufacturer of quality medical devices specializing in urology, radiology, gastroenterology, and gynaecology. They produce items like stents, catheters, and guide wires using modern technology and foreign collaborated machinery. Based in Bangalore, the company focuses on innovation, reliable service, and meeting the needs of healthcare professionals through distribution networks. Their products aim to improve patient care and medical outcomes.

ASTER MEDISPRO's top competitors include GE Healthcare, Medtronic and Boston Scientific.

ASTER MEDISPRO offers Stents, Catheters, Dilators, Retrievers, and 2 more products and services.

ASTER MEDISPRO operates through Aster Medispro Private Limited.

The legal entities of ASTER MEDISPRO currently have 2 directors, including Manikandan Shakeela, Manikandan Thachat.

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