- Total income
- ₹938 Cr
- Profit
- ₹28 Cr

About Boston Scientific India Private Limited
Data last updated:
Boston Scientific India Private Limited is a foreign private limited company based in New Delhi, Delhi, India, a subsidiary of Boston Scientific International B.V.. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 09 July 2003 and has been in existence for over 23 years.
Boston Scientific India is ranked #370 on the Fortune MNC 500 India (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U33119DL2003FTC121242. Its GSTIN is 07AABCG9446Q1ZW (Delhi). The company holds 11 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹28.23 Cr. It was formerly known as Guidant India Private Limited. It is led by directors Madan Rohinikrishnan (Managing Director) and Deepak Khamesra.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Unit No. 304 3rd Floor Chiranjiv Tower 43 Nehru Place, New Delhi 110019, Delhi, India – 110019.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,028.46 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹21.44 Cr (net margin 2.1%) and EBITDA of ₹73.41 Cr (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 24% over five years.
The company has about 304 employees on its provident fund (EPFO) records.
Court records list 19 cases involving the company, including 9 filed by the company and 10 filed against it; 2 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹28 Cr; the latest was in May 2011. Its 5 peer companies in the Healthcare industry (Healthcare Equipment Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 3 smaller; the largest is Rajasthan Medical Services Corporation Limited with revenue of ₹1,534.1 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2024, listing 238 overdue payments to 33 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bostonscientific.com.
Company details
CIN history
Boston Scientific India has one previous CIN (Corporate Identification Number): U33119DL2003PTC121242. The current CIN is U33119DL2003FTC121242, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U33119DL2003FTC121242 | Current |
| U33119DL2003PTC121242 | Previous |
Recognitions & Rankings of Boston Scientific India
Contact details
Boston Scientific India Private Limited's registered office is in New Delhi, Delhi. Its website is bostonscientific.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No. 304 3rd Floor Chiranjiv Tower 43 Nehru Place, New Delhi 110019, Delhi, India – 110019
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of Boston Scientific India 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
Business activity
The main business activity of Boston Scientific India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Boston Scientific India Private Limited, buy the company report.
Financials of Boston Scientific India Private Limited
FY 2024 filings availableBoston Scientific India Private Limited reported revenue of ₹1,028.46 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 14% growth in the latest year. EBITDA rose 27% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹73.41 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹21.44 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | 2.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Boston Scientific India Private Limited, buy the company report.
Board of directors of Boston Scientific India Private Limited
Boston Scientific India has 2 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Khamesra Also directs: Lumenis India Private Limited | Director | 04 Feb 2021 | 5 Years 9 Months | Current |
| Madan Rohinikrishnan | Managing Director | 01 Feb 2024 | 2 Years 9 Months | Current |
Peer comparison
Boston Scientific India Private Limited is compared with the 5 companies closest to it by revenue in the Healthcare industry (Healthcare Equipment Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rajasthan Medical Services Corporation Limited | ₹1,534.1 Cr (FY 2023) | 3.0% | Jaipur, Rajasthan, India | |||
| Ascent Health and Wellness Solutions Private Limited | ₹1,310.09 Cr (FY 2019) | 106.0% | Mumbai, Maharashtra, India | |||
| Boston Scientific India Private Limitedthis company | ₹1,028.46 Cr (FY 2025) | ₹21.44 Cr | 2.1% | 14.0% | 304 | New Delhi, Delhi, India |
| St. Jude Medical India Private Limited | ₹954.79 Cr (FY 2025) | 10.0% | Hyderabad, Telangana, India | |||
| DHR Holding India Private Limited | ₹927.47 Cr (FY 2025) | 20.0% | West New, Delhi, India | |||
| Smith & Nephew Healthcare Private Limited | ₹771.26 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Boston Scientific India Private Limited, buy the company report.
Auditor
Boston Scientific India Private Limited is audited by S.R. Batliboi & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Co. LLP | FY 2023 | 301003E/E300005 |
Shareholding
The shareholding of Boston Scientific India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Boston Scientific India Private Limited, buy the company report.
Deals & funding
Boston Scientific India Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹28 Cr; the latest was in May 2011.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2011 | Funding round | ₹28 Cr | Investors: Boston Scientific International B V |
| Jul 2007 | Secondary share transfer | Undisclosed | Buyer: Boston Scientific International B V, an individual Seller: Guidant Nederland BV, Guidant Group B V |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Boston Scientific India Private Limited has 19 court cases on record: 9 filed by Boston Scientific India, 10 filed against it. 2 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 8 | 1 |
| District courts | 5 | 2 | 1 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed by the company against Advanced Medtech Solutions Pvt. Ltd | Pending |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed by the company against Advanced Medtech Solutions Pvt. Ltd. | Disposed |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed against the company by Advanced Medtech Solutions Pvt. Ltd. | Disposed |
| District court, New Delhi, Delhi | Court case (Cr Cases) | Filed by the company against Vikram Hospital P.Ltd | Disposed |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Dhanlaxmi Sales Corporation | Pending |
To see the full case history of Boston Scientific India 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
Boston Scientific India Private Limited has 10 MSME Form 1 returns on record between 2019 and 2024, listing 238 overdue payments to 33 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 33)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pacific Customs Broker Services Private Limited | |||
| an individual supplier | |||
| P.M. Relocations Private Limited | |||
| Iris Worldwide Integrated Marketing Private Limited | |||
| Rekart Innovations Private Limited |
To see the full MSME payment records of Boston Scientific India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Boston Scientific India Private Limited has a workforce of 304 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 304 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Boston Scientific India Private Limited, buy the company report.
GST
Boston Scientific India has 11 GST registrations: 7 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCG9446Q1ZW | Delhi | Active | 01 Jul 2017 |
| 06AABCG9446Q2ZX | Haryana | Active | 07 Jul 2017 |
| 27AABCG9446Q2ZT | Maharashtra | Active | 07 Jul 2017 |
| 29AABCG9446Q2ZP | Karnataka | Active | 07 Jul 2017 |
To see the full GST registrations and return filing status of Boston Scientific India Private Limited, buy the company report.
Recent activity
Boston Scientific India Private Limited has 22 board changes on record since 2007: 2 appointments and 20 cessations. The latest: Madan Rohinikrishnan ceased to be Additional Director on 29 Sep 2024.
13 earlier events are in the company report.
News
Frequently asked questions
Boston Scientific India is an active foreign private limited company based in New Delhi, Delhi, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 09 July 2003 (23+ years old) and is registered under CIN U33119DL2003FTC121242.
Boston Scientific India has 2 current directors:
- Madan Rohinikrishnan - Managing Director
- Deepak Khamesra - Director
The latest financial statements of Boston Scientific India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Boston Scientific India is 07AABCG9446Q1ZW, registered in Delhi. The company has 11 GST registrations in all, of which 7 are active and 4 are cancelled or inactive. Other active GSTINs include 06AABCG9446Q2ZX (Haryana), 27AABCG9446Q2ZT (Maharashtra), 29AABCG9446Q2ZP (Karnataka).
The CIN (Corporate Identification Number) of Boston Scientific India is U33119DL2003FTC121242. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Boston Scientific India has 19 court cases on record: 9 filed by the company and 10 filed against it. 2 are pending. Most are in the high courts.
Boston Scientific India was incorporated on 09 July 2003, making it 23+ years old. It is registered with the Registrar of Companies, Delhi.
Boston Scientific India has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹28 Cr; the latest was in May 2011.
The peers of Boston Scientific India by revenue are Rajasthan Medical Services Corporation Limited, Ascent Health and Wellness Solutions Private Limited, St. Jude Medical India Private Limited, DHR Holding India Private Limited, Smith & Nephew Healthcare Private Limited, all in the Healthcare industry (Healthcare Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
Madan Rohinikrishnan ceased to be Additional Director on 29 Sep 2024. Madan Rohinikrishnan was appointed as Managing Director on 01 Feb 2024. Mark Robert Slicer ceased to be Director on 31 Mar 2022. Boston Scientific India has 22 board changes on record in total.
Boston Scientific India has 10 MSME Form 1 returns on record between 2019 and 2024, listing 238 overdue payments to 33 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Boston Scientific India can be reached through the website bostonscientific.com. Its registered office is in New Delhi, Delhi, India.

