About Caregroup Sight Solution Private Limited
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Caregroup Sight Solution Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the medical consumables and supplies segment of the healthcare sector. It was incorporated on 01 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U33100MH2020PTC335344. Its GSTIN is 27AAICC5609E1ZR (Maharashtra). The company holds 17 GST registrations, of which 16 are active.
The company has an authorised share capital of ₹65 Cr and a paid-up capital of ₹31.05 Cr. It is led by directors including Jagrat Natvar Dave (Managing Director) and Vipan Kumar Duggal.
Its last annual general meeting (AGM) was held on 16 January 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹519.78 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹130.44 Cr (net margin 25.1%) and EBITDA of ₹210.24 Cr (EBITDA margin 40.4%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 56% over five years.
The company has about 1,757 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Care Group. As per MCA filings, the company has open charges of ₹72.25 Cr and satisfied charges of ₹61.27 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 5 cases are pending. The company has 3 deals on record (2 funding rounds, 1 acquisition), with disclosed funding of ₹27.37 Cr; the latest was in February 2025. Its 4 peer companies in the Healthcare industry (Medical Consumables), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 3 larger and 1 smaller; the largest is Healthium Medtech Limited with revenue of ₹870.33 Cr. The company has 2 MSME Form 1 returns on record between 2020 and 2023, listing 2 overdue payments to 2 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 caregroupiol.com.
Company details
Contact details
Caregroup Sight Solution Private Limited's registered office is in Mumbai, Maharashtra. Its website is caregroupiol.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressChamber No. A – 501 5th Floor, Kohinoor Square N.C. Kelkar Road Dadar(West), Mumbai, Maharashtra, India – 400028
- IndustryHealthcare, Medical Consumables & Supplies
To see the full contact details of Caregroup Sight Solution 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
Caregroup Sight Solution operates one associated brand: Care Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures intraocular lenses and ophthalmic surgical products for global eye health. | caregroupiol.com |
Business activity
The main business activities of Caregroup Sight Solution are manufacturing, trade and support service to organizations. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities, wholesale trading and rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | |
| G | Trade | G1 | Wholesale Trading | |
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Caregroup Sight Solution Private Limited, buy the company report.
Financials of Caregroup Sight Solution Private Limited
FY 2024 filings availableCaregroup Sight Solution Private Limited reported revenue of ₹519.78 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 56% over five years, including 13% growth in the latest year. EBITDA fell 2% 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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| EBITDA | ₹210.24 Cr | ||||
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| Net Profit (PAT) | ₹130.44 Cr | ||||
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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 | 40.4% | ||||
| Net Profit Margin | 25.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Caregroup Sight Solution Private Limited, buy the company report.
Board of directors and KMP of Caregroup Sight Solution Private Limited
Caregroup Sight Solution Private Limited currently reports 6 directors and 1 key managerial person. 11 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagrat Natvar Dave | Managing Director | 01 Jan 2020 | 6 Years 9 Months | Current |
| Vipan Kumar Duggal | Director | 21 Dec 2021 | 4 Years 10 Months | Current |
| Sanjay Argal | Director | 21 Dec 2021 | 4 Years 10 Months | Current |
| Munavvar Husain | Director | 21 Dec 2021 | 4 Years 10 Months | Current |
| Purnima Jagrat Dave | Ceo | 01 Jun 2023 | 3 Years 4 Months | Current |
| Abhijit Bhagvat Patil | Director | 05 Nov 2025 | 0 Years 11 Months | Current |
Peer comparison
Caregroup Sight Solution Private Limited is compared with the 4 companies closest to it by revenue in the Healthcare industry (Medical Consumables), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Healthium Medtech Limited | ₹870.33 Cr (FY 2025) | 3.0% | Bangalore, Karnataka, India | |||
| Terumo Penpol Private Limited | ₹747 Cr (FY 2025) | 14.0% | Thiruvananthapuram, Kerala, India | |||
| Biorad Medisys Private Limited | ₹556.96 Cr (FY 2025) | 52.0% | Mumbai, Maharashtra, India | |||
| Caregroup Sight Solution Private Limitedthis company | ₹519.78 Cr (FY 2025) | ₹130.44 Cr | 25.1% | 13.0% | 1,757 | Mumbai, Maharashtra, India |
| Quality Needles Private Limited | ₹330.86 Cr (FY 2025) | 3.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Caregroup Sight Solution Private Limited, buy the company report.
Auditor
Caregroup Sight Solution Private Limited is audited by PARIKH AND MAJMUDAR for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARIKH AND MAJMUDAR | FY 2024 | 107525W |
Shareholding
The shareholding of Caregroup Sight Solution Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Caregroup Sight Solution Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jun 2021 | 100463771 | Hdfc Bank Limited | ₹33.25 Cr | Open | |
| 24 Mar 2021 | 100443024 | Others | ₹24 Cr | Open | |
| 24 Jan 2020 | 100325113 | Others | ₹15 Cr | Open | |
| 22 Jul 2022 | 100610577 | Others | ₹10 Cr | Satisfied | |
| 29 Jun 2021 | 100463214 | Others | ₹7.65 Cr | Satisfied |
To see the full charge records of Caregroup Sight Solution Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Caregroup Sight Solution Private Limited has 3 deals on record (2 funding rounds, 1 acquisition), with disclosed funding of ₹27.37 Cr; the latest was in February 2025.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2025 | Funding round | ₹17.47 Cr | Investors: 4 individuals |
| Oct 2023 | Acquisition | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2020 | Funding round | ₹9.9 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Caregroup Sight Solution Private Limited has 6 court cases on record: 3 filed by Caregroup Sight Solution, 3 filed against it. 5 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 3 | 5 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against Alenmeds Health Care PVD Ltd and 1 other | Pending |
| District court, Vadodara, Gujarat | Court case (CMA SC) | Filed against the company by an individual | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against Dr. Rahul Pradhan Proprietor of Dr. Pradhan Eye Hospital | Pending |
| District court, Vadodara, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Pending |
To see the full case history of Caregroup Sight Solution 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.
Credit ratings & regulatory alerts
Caregroup Sight Solution Private Limited was last rated by Care on 03 Aug 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 03 Aug 2022 |
To see the full credit ratings and regulatory alerts of Caregroup Sight Solution Private Limited, buy the company report.
MSME payment delays
Caregroup Sight Solution Private Limited has 2 MSME Form 1 returns on record between 2020 and 2023, listing 2 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shahji Global Biz Private Limited | |||
| Qed Kares Packers Private Limited |
To see the full MSME payment records of Caregroup Sight Solution Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Caregroup Sight Solution has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Care4sight Pharma Private Limited | U24304MH2019PTC332244 |
To see the full group structure of Caregroup Sight Solution Private Limited, buy the company report.
Employees & EPFO
Caregroup Sight Solution Private Limited has a workforce of 1,757 employees on its EPFO records as of Mar 25, 2025, across 1 active EPFO establishment.
GST
Caregroup Sight Solution has 17 GST registrations: 16 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICC5609E1ZR | Maharashtra | Active | 19 Jan 2020 |
| 24AAICC5609E1ZX | Gujarat | Active | 01 Jan 2020 |
| 07AAICC5609E1ZT | Delhi | Active | 11 Jan 2020 |
| 32AAICC5609E1Z0 | Kerala | Active | 11 Jan 2020 |
To see the full GST registrations and return filing status of Caregroup Sight Solution Private Limited, buy the company report.
Recent activity
Caregroup Sight Solution Private Limited has 17 board changes on record since 2020: 7 appointments and 10 cessations. The latest: Abhijit Bhagvat Patil was appointed as Director on 05 Nov 2025.
21 earlier events are in the company report.
Frequently asked questions
Caregroup Sight Solution is an active private limited company based in Mumbai, Maharashtra, India. The company works in medical consumables and supplies, within the healthcare industry. It was incorporated on 01 January 2020 (6+ years old) and is registered under CIN U33100MH2020PTC335344.
Caregroup Sight Solution has 7 current directors and KMP:
- Jagrat Natvar Dave - Managing Director
- Vipan Kumar Duggal - Director
- Sanjay Argal - Director
- Munavvar Husain - Director
- Abhijit Bhagvat Patil - Director
- Ketan Nagjibhai Kotharia - Director
- Purnima Jagrat Dave - Ceo
The latest financial statements of Caregroup Sight Solution on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 16 January 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Caregroup Sight Solution is 27AAICC5609E1ZR, registered in Maharashtra. The company has 17 GST registrations in all, of which 16 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAICC5609E1ZX (Gujarat), 07AAICC5609E1ZT (Delhi), 32AAICC5609E1Z0 (Kerala).
The CIN (Corporate Identification Number) of Caregroup Sight Solution is U33100MH2020PTC335344. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Caregroup Sight Solution has 6 court cases on record: 3 filed by the company and 3 filed against it. 5 are pending.
Caregroup Sight Solution was incorporated on 01 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Caregroup Sight Solution has 3 deals on record (2 funding rounds, 1 acquisition), with disclosed funding of ₹27.37 Cr; the latest was in February 2025.
The peers of Caregroup Sight Solution by revenue are Healthium Medtech Limited, Terumo Penpol Private Limited, Biorad Medisys Private Limited, Quality Needles Private Limited, all in the Healthcare industry (Medical Consumables), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Abhijit Bhagvat Patil was appointed as Director on 05 Nov 2025. Ketan Nagjibhai Kotharia was appointed as Director on 05 Nov 2025. Purnima Jagrat Dave ceased to be Director on 20 Jan 2025. Caregroup Sight Solution has 17 board changes on record in total.
Caregroup Sight Solution has 2 MSME Form 1 returns on record between 2020 and 2023, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 13 Oct 2023.
Caregroup Sight Solution can be reached through the website caregroupiol.com. Its registered office is in Mumbai, Maharashtra, India.