- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0043390

About Clinchoice Private Limited
Data last updated:
Clinchoice Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Clinchoice Corporation, Usa. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 20 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85100KA2013PTC068676. Its GSTIN is 29AACCF2169E1ZP (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Freyr Drug Safety Solutions Private Limited and Imedglobal Solutions India Private Limited. It is led by directors including Mahesh Mahantappa Mudnur (Whole-Time Director) and Jayaraj Radhakrishna (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹86.61 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹10.3 Cr (net margin 11.9%) and EBITDA of ₹14.71 Cr (EBITDA margin 17%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 18% over five years.
The company has about 474 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ClinChoice. The company has 1 deal on record (1 secondary share transfer); the latest was in October 2014. The company has 6 MSME Form 1 returns on record between 2021 and 2023, listing 15 overdue payments to 7 micro and small suppliers.
Clinchoice Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0043390). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website clinchoice.com.
Company details
Name history
Clinchoice has undergone 2 name changes throughout its history. The company was previously known as Freyr Drug Safety Solutions Private Limited, and Imedglobal Solutions India Private Limited. The current legal name is Clinchoice Private Limited.
| Company Name | Status |
|---|---|
| Clinchoice Private Limited | Current |
| Freyr Drug Safety Solutions Private Limited | Previous |
| Imedglobal Solutions India Private Limited | Previous |
Recognitions & Rankings of Clinchoice
Contact details
Clinchoice Private Limited's registered office is in Bangalore, Karnataka. Its website is clinchoice.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressIndiqube Arcade Tower A 3rd Floor Subramanya Arcade, No. 12 Bannerghatta Road Old Gurappanapalya Btm Layout, Bangalore, Karnataka, India – 560029
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Clinchoice 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
Clinchoice operates one associated brand: ClinChoice. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| CRO focused on data management, regulatory affairs and consulting services | clinchoice.com |
Business activity
The main business activity of Clinchoice is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Clinchoice Private Limited, buy the company report.
Financials of Clinchoice Private Limited
FY 2025 filings availableClinchoice Private Limited reported revenue of ₹86.61 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 6% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹14.71 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.3 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17% | ||||
| Net Profit Margin | 11.9% | ||||
| 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 Clinchoice Private Limited, buy the company report.
Board of directors of Clinchoice Private Limited
Clinchoice has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Mahantappa Mudnur | Whole-Time Director | 11 Apr 2016 | 10 Years 6 Months | Current |
| Xin Ke | Director | 24 Nov 2020 | 5 Years 11 Months | Current |
| Jayaraj Radhakrishna | Whole-Time Director | 11 Apr 2016 | 10 Years 6 Months | Current |
Auditor
Clinchoice Private Limited is audited by Padakannaya & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Padakannaya & Co | FY 2023 | 016595S |
Shareholding
The shareholding of Clinchoice 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 Clinchoice Private Limited, buy the company report.
Deals & funding
Clinchoice Private Limited has 1 deal on record (1 secondary share transfer); the latest was in October 2014.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2014 | Secondary share transfer | Undisclosed | Buyer: Clinchoice Corporation Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Clinchoice 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
Clinchoice Private Limited has 6 MSME Form 1 returns on record between 2021 and 2023, listing 15 overdue payments to 7 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 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Touch Global Services Private Limited | |||
| Kelachandra Equipment Rentals | |||
| Esecurity Audit Private Limited |
To see the full MSME payment records of Clinchoice Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Clinchoice Private Limited has a workforce of 474 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Clinchoice has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCF2169E1ZP | Karnataka | Active | 01 Jul 2017 |
| 36AACCF2169E1ZU | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Clinchoice Private Limited, buy the company report.
Recent activity
Clinchoice Private Limited has 11 board changes on record since 2013: 3 appointments and 8 cessations. The latest: Xin Ke ceased to be Additional Director on 31 Dec 2020.
2 earlier events are in the company report.
News
Frequently asked questions
Clinchoice is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 20 April 2013 (13+ years old) and is registered under CIN U85100KA2013PTC068676.
Clinchoice has 3 current directors:
- Mahesh Mahantappa Mudnur - Whole-Time Director
- Jayaraj Radhakrishna - Whole-Time Director
- Xin Ke - Director
The latest financial statements of Clinchoice on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Clinchoice is 29AACCF2169E1ZP, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AACCF2169E1ZU (Telangana).
The CIN (Corporate Identification Number) of Clinchoice is U85100KA2013PTC068676. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clinchoice was incorporated on 20 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
Clinchoice has 1 deal on record (1 secondary share transfer); the latest was in October 2014.
Xin Ke ceased to be Additional Director on 31 Dec 2020. Xin Ke was appointed as Director on 24 Nov 2020. Dan Zhang ceased to be Additional Director on 30 Sep 2017. Clinchoice has 11 board changes on record in total.
Yes, Clinchoice is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0043390).
Clinchoice has 6 MSME Form 1 returns on record between 2021 and 2023, listing 15 overdue payments to 7 micro and small suppliers. The latest return was filed on 11 Jan 2024.
Clinchoice can be reached through the website clinchoice.com. Its registered office is in Bangalore, Karnataka, India.