About Boston Scientific Services Private Limited
Data last updated:
Boston Scientific Services Private Limited was a foreign private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Boston Scientific International B.V.. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 21 March 2016.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2016FTC292902. Its GSTIN is 06AAGCB6651B1Z0 (Haryana). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹11.4 Cr and a paid-up capital of ₹11.4 Cr. It was led by directors including Sanjeev Manishankar Pandya and Mark Robert Slicer.
Its last annual general meeting (AGM) was held on 29 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at C – 40 Ground Floor Okhla Industrial Area Phase – II, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2020, the company reported a revenue of ₹76.97 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹9.04 Cr (net margin 11.7%) and EBITDA of ₹14.55 Cr (EBITDA margin 18.9%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years.
The company had about 251 employees on its provident fund (EPFO) records before it was dissolved.
The last known website on record is bostonscientific.com.
Company details
Contact details
Boston Scientific Services 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 AddressC – 40 Ground Floor Okhla Industrial Area Phase – II, New Delhi, Delhi, India – 110020
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Boston Scientific Services 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 Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Boston Scientific Services Private Limited, buy the company report.
Financials of Boston Scientific Services Private Limited
FY 2020 filings availableBoston Scientific Services Private Limited reported revenue of ₹76.97 Cr (up 15% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 46% over three years, including 15% growth in the latest year. EBITDA rose 19% 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 | ₹76.97 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹14.55 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.04 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.9% | ||||
| Net Profit Margin | 11.7% | ||||
| 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 Boston Scientific Services Private Limited, buy the company report.
Board of directors of Boston Scientific Services Private Limited
Boston Scientific Services has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Manishankar Pandya | Director | 25 Apr 2019 | 7 Years 6 Months | As last reported |
| Mark Robert Slicer | Director | 21 Mar 2016 | 10 Years 7 Months | As last reported |
| Vance Ronald Brown | Director | 21 Mar 2016 | 10 Years 7 Months | As last reported |
| Harshh Makkar | Director | 09 Nov 2017 | 8 Years 11 Months | As last reported |
Peer comparison
Boston Scientific Services Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| R.D. Excellent Services Private Limited | ₹77.6 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| Eapro Global Energy Private Limited | ₹77.57 Cr (FY 2025) | 33.0% | Roorkee, Uttarakhand, India | |||
| Ark Supply Chain Solutions Private Limited | ₹77.55 Cr (FY 2025) | 17.0% | Bhiwandi, Maharashtra, India | |||
| Maq Software Hyderabad Private Limited | ₹77.09 Cr (FY 2025) | 15.0% | Hyderabad, Telangana, India | |||
| Simply Vyapar Apps Private Limited | ₹77.08 Cr (FY 2025) | 41.0% | Bangalore, Karnataka, India | |||
| Boston Scientific Services Private Limitedthis company | ₹76.97 Cr (FY 2020) | ₹9.04 Cr | 11.7% | 15.0% | 251 | New Delhi, Delhi, India |
| Lavendel Consulting Private Limited | ₹76.94 Cr (FY 2025) | 124.0% | Udamalpet, Tamil Nadu, India | |||
| Infiniti Research Marketing Solutions India Private Limited | ₹76.85 Cr (FY 2025) | -4.0% | Bangalore, Karnataka, India | |||
| Bendable Technology Solutions Private Limited | ₹76.67 Cr (FY 2025) | 8.0% | Mumbai, Maharashtra, India | |||
| Sri Jagannath Works Private Limited | ₹76.27 Cr (FY 2025) | -44.0% | Rourkela, Odisha, India |
To see the full peer comparison of Boston Scientific Services Private Limited, buy the company report.
Auditor
Boston Scientific Services Private Limited is audited by S.R. BATLIBOI & CO. LLP for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. BATLIBOI & CO. LLP | FY 2020 | 301003E/E300005 |
Shareholding
The shareholding of Boston Scientific Services Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Boston Scientific Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Boston Scientific Services 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 Boston Scientific Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Boston Scientific Services Private Limited has a workforce of 251 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Boston Scientific Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAGCB6651B1Z0 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Boston Scientific Services Private Limited, buy the company report.
Recent activity
Boston Scientific Services Private Limited has 9 board changes on record since 2016: 4 appointments and 5 cessations. The latest: Sanjeev Manishankar Pandya ceased to be Additional Director on 25 Sep 2019.
News
Frequently asked questions
Boston Scientific Services 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.
Boston Scientific Services was a foreign private limited company based in New Delhi, Delhi, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 21 March 2016 and is registered under CIN U74999DL2016FTC292902. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Boston Scientific Services was incorporated on 21 March 2016. It is registered with the Registrar of Companies, Delhi.
Boston Scientific Services had 4 directors:
- Sanjeev Manishankar Pandya - Director
- Mark Robert Slicer - Director
- Vance Ronald Brown - Director
- Harshh Makkar - Director
The CIN (Corporate Identification Number) of Boston Scientific Services is U74999DL2016FTC292902. 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 Boston Scientific Services is at C – 40 Ground Floor Okhla Industrial Area Phase – II, New Delhi, Delhi, India – 110020.
Boston Scientific Services can be reached through the website bostonscientific.com. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Boston Scientific Services on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 29 September 2020. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Boston Scientific Services is 06AAGCB6651B1Z0, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Boston Scientific Services operated in the information technology industry, in the IT consulting and support services segment.
The peers of Boston Scientific Services by revenue are R.D. Excellent Services Private Limited, Eapro Global Energy Private Limited, Ark Supply Chain Solutions Private Limited, Maq Software Hyderabad Private Limited, Simply Vyapar Apps Private Limited and 4 more, all in the same principal business activity (other professional, scientific and technical activities).
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
