Baroda Medicare Private Limited - Company Profile

It is a healthcare private limited company based in Baroda, Gujarat, India, established in 2007.

2007 Baroda, Gujarat, India Active

Last Updated: December 17, 2025

About Baroda Medicare Private Limited

Baroda Medicare Private Limited, a active private limited company, was established on 12 September 2007 in Baroda, Gujarat, India. Engaging in hospitals within the hospital and medical care sector, it holds CIN: U85110GJ2007PTC051728. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹25.00 Cr and a paid-up capital of ₹17.73 Cr.

It upholds a compliant status. Employing 266 professional, Its leadership includes Rajivkumar Shah (Managing Director), Bhikhubhai Patel (Whole-Time Director), Meenakshi Patel (Director). Past directors included Sanjay Kumar Randhar, Sudha Ravi, Rajivkumar Shah. It holds ₹40.68 Cr open charges and ₹75.09 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Sunshineglobalhospital,Manjalpur,Nr.Shreyasvidyalaya,B/H.Icicibank,Man, Jalpur, Baroda, Gujarat, 390011.

Company Details

CIN/LLPIN
U85110GJ2007PTC051728
Registration Number
051728
Incorporation Date
12 September 2007
Authorized Capital
₹25.00 Cr
Paid-Up Capital
₹17.73 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 25.00 Cr as on 17-12-2025
Paid Up Capital ₹ 17.73 Cr as on 17-12-2025
Company Age 18 Year, 5 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 40.68 Cr as on 17-12-2025
Satisfied Charges ₹ 75.09 Cr as on 17-12-2025
Revenue Growth **** -9.34% (FY 2023)
Profit Growth **** -61.20% (FY 2023)
Ebitda **** -50.07% (FY 2023)
Net Worth -1.14% (FY 2023)
Total Assets -2.06% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Baroda Medicare Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Baroda Medicare Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Rajivkumar Shah	Managing Director	12 Sep 2007	Current
Bhikhubhai Patel	Whole-Time Director	12 Sep 2007	Current
Meenakshi Patel	Director	01 Mar 2012	Current
Subrato Das	Director	01 Mar 2012	Current
Bina Shah Rajiv	Director	01 Mar 2012	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Nominee Director	30 Dec 2014	Past
Pramod Abcsdd	Nominee Director	28 Apr 2022	Past
Pramod Abcsdd	Director	01 Apr 2011	Past
Pramod Abcsdd	Nominee Director	30 Dec 2014	Past
Pramod Abcsdd	Nominee Director	28 Apr 2022	Past
Pramod Abcsdd	Key Managerial Personnel	-	Past

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Financial Performance of Baroda Medicare.

Baroda Medicare Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.34% decrease. The company also saw a substantial fall in profitability, with a 61.2% decrease in profit. The company's net worth dipped by a decrease of 1.14%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-9.34%

*******

Revenue from Operations

*******

-11.28%

*******

Total Assets

*******

-2.06%

*******

Profit or Loss

*******

-61.20%

*******

Net Worth

*******

-1.14%

*******

EBITDA

*******

-50.07%

*******

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What is the Ownership and Shareholding Structure of Baroda Medicare?

In 2022, Baroda Medicare had a promoter holding of 57.49% and a public holding of 42.51%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹406,765,500.00

Satisfied Charges

₹750,900,923.00

Charges Breakdown by Lending Institutions

Others : 28.85 Cr
Bank Of India : 11.83 Cr

Latest Charge Details

Date	Lender	Amount	Status
19 Sep 2024	Others	₹3.50 Cr	Open
04 Jun 2024	Bank Of India	₹7.00 Cr	Open
14 Nov 2022	Others	₹25.15 Cr	Open
07 Mar 2022	Bank Of India	₹4.00 Cr	Open
05 Mar 2020	Bank Of India	₹8.25 M	Open

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How Many Employees Work at Baroda Medicare?

Baroda Medicare has a workforce of 266 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Baroda Medicare, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Baroda Medicare's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Baroda Medicare

Recent Activity within the Organization

Annual General Meeting

Progress on Baroda Medicare Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.
30 Sep 2025
Balance Sheet

Baroda Medicare Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.
31 Mar 2025
Charges

Progress on A charge with Others amounted to Rs. 3.50 Cr with Charge ID 100985362 was registered on 19 Sep 2024. was documented.
19 Sep 2024
Charges

Progress on A charge with Others of Rs. 25.15 Cr registered on 14 Nov 2022 with Charge ID 100640583 was modified on 19 Sep 2024. was documented.
19 Sep 2024
Charges

The activity A charge with Bank Of India amounted to Rs. 7.00 Cr with Charge ID 100935566 was registered on 04 Jun 2024. was completed.
04 Jun 2024
Charges

A charge registered on 23 Sep 2014 via Charge ID 10527043 with Bank Of India was fully satisfied on 10 Jul 2023. was recorded as a recent event.
10 Jul 2023

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