Cryo-Save (India) Private Limited

Cryo-Save (India) Private Limited - healthcare in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U85100KA2008PTC060530 Incorporated 29 February 2008 ROC Bangalore HQ Bangalore, Karnataka, India
Under Liquidation Private Limited Company healthcare
Data last updated
Revenue · FY 2017
₹17.4 Cr
▼ 16% YoY
Net loss · FY 2017
₹4.62 Cr
Net margin -26.6%
EBITDA · FY 2017
-₹2.93 Cr
EBITDA margin -16.9%
Authorised capital
₹30 Cr
Registered with MCA
Paid-up capital
₹25.36 Cr
Issued & subscribed
Satisfied charges
₹3 Cr
No open charges
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings

About Cryo-Save (India) Private Limited

Data last updated:

Cryo-Save (India) Private Limited is a private limited company based in Bangalore, Karnataka, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the ivf and maternity care centers segment of the healthcare sector. It was incorporated on 29 February 2008.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85100KA2008PTC060530.

The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹25.36 Cr. It is led by directors Ganapathy Nagarajan and Roderick Macnaughton Stuart.

Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at No.183 Gayatri Tech Park Road 1B Epip KIADB Whitefield, Bangalore, Karnataka, India – 560066.

As per the financials filed for FY 2017, the company reported a revenue of ₹17.4 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹4.62 Cr (net margin -26.6%) and EBITDA of -₹2.93 Cr (EBITDA margin -16.9%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years.

The company is associated with 1 brand: CryoSave. As per MCA filings, the company has satisfied charges of ₹3 Cr on record. Court records list 20 cases involving the company, including 20 filed against it; 2 cases are pending. The company has 2 deals on record (2 acquisitions); the latest was in October 2017. Its 10 peer companies in the Healthcare industry (IVF and Maternity) are compared by revenue, 5 larger and 5 smaller; the largest is Srijan Fertility Clinic Private Limited.

The last known website on record is cryosave.in.

Company Details of Cryo-Save (India) Private Limited
CIN U85100KA2008PTC060530
Registration Number 060530
Incorporation Date 29 February 2008
ROC Bangalore
Listing Status Unlisted
Company Status Under Liquidation
Date of Last AGM 30 September 2017
Date of Balance Sheet 31 March 2017
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    No.183 Gayatri Tech Park Road 1B Epip KIADB Whitefield, Bangalore, Karnataka, India – 560066
  • Industry
    Healthcare, IVF & Maternity Care Centers
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Financials, compliance, directors, charges, ownership and filings for Cryo-Save (India) Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Cryo-Save (India) Private Limited

The main business activity of Cryo-Save (India) is hospital and medical care. In detail, this covers other hospital and medical care activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
QHospital and Medical CareQ6Other Hospital and Medical Care ActivitiesLocked
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Financials of Cryo-Save (India) Private Limited FY 2017 filings available

Cryo-Save (India) Private Limited reported revenue of ₹17.4 Cr (down 16% YoY) for FY 2017.

Revenue · FY 2017
₹17.4 Cr ▼ 16%
Net loss · FY 2017
₹4.62 Cr margin -26.6%
EBITDA · FY 2017
-₹2.93 Cr margin -16.9%

Compounded Annual Growth Rate (CAGR) of Cryo-Save (India) Private Limited

Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 245%

Revenue fell 16% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 245% 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 of Cryo-Save (India) Private Limited

MetricsFY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••••••
Other Income••••••••••••
Total Revenue₹17.4 Cr••••••••
Cost of Materials Consumed••••••••••••
Employee Benefit Expense••••••••••••
Finance Costs••••••••••••
Depreciation and Amortisation••••••••••••
Other Expenses••••••••••••
Total Expenses••••••••••••
EBITDA-₹2.93 Cr••••••••
Profit Before Tax••••••••••••
Tax Expense••••••••••••
Net Profit (PAT)-₹4.62 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 of Cryo-Save (India) Private Limited

MetricsFY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-16.9%••••••••
Net Profit Margin-26.6%••••••••
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••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Cryo-Save (India) are in the company report.

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Financial statements from 2015

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Peer Comparison of Cryo-Save (India) Private Limited

Cryo-Save (India) Private Limited is compared with the companies closest to it by revenue in the Healthcare industry (IVF and Maternity). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Srijan Fertility Clinic Private Limited••••••••••••••••-Patna, Bihar, India
MGM Hospital & Research Centre Private Limited••••••••••••••••-Kuan, Patna-3, Bihar, India
Endoworld Hospital Private Limited••••••••••••••••31Aurangabad, Maharashtra, India
Asian Reproductive Centre Private Limited••••••••••••••••57New Delhi, Delhi, India
DSR Healthcare Private Limited••••••••••••••••72Mumbai, Maharashtra, India
Cryo-Save (India) Private Limited this company••••••••••••••••-Bangalore, Karnataka, India
Asian Mother and Child Health Care Private Limited••••••••••••••••54Perinthalmanna, Kerala, India
Svas Med Private Limited••••••••••••••••42Mumbai, Maharashtra, India
Asian Institute of Infertility Management Private Limited••••••••••••••••-Indore, Madhya Pradesh, India
Future Fertility Private Limited••••••••••••••••21Bhubaneswar, Orissa, India
Aastrika Foundation••••••••••••••••26Bangalore, Karnataka, India

Peers are the five companies nearest above and the five nearest below Cryo-Save (India) by revenue in the Healthcare industry (IVF and Maternity), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.

Auditor Details of Cryo-Save (India) Private Limited

Cryo-Save (India) Private Limited is audited by RAJGARIA & CO for the financial year 2017.

NameStatusAppointment DateCessation Date
RAJGARIA & COLockedLockedLocked
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Board of Directors of Cryo-Save (India) Private Limited

Cryo-Save (India) has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Ganapathy NagarajanDirector25 Oct 201312 Years 11 MonthsAs last reported
Roderick Macnaughton StuartDirector01 Nov 201213 Years 11 MonthsAs last reported

Ownership and Shareholding of Cryo-Save (India) Private Limited

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Charges & Borrowings of Cryo-Save (India) Private Limited

Open charges
None
Satisfied charges
₹3 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹3.00 Cr
Latest charge details
DateLenderAmountStatus
15 Sep 2015Hdfc Bank Limited₹3 CrSatisfied

Total charge records: 1 View all charges

Deals & Funding of Cryo-Save (India) Private Limited

Cryo-Save (India) Private Limited has 2 deals on record (2 acquisitions); the latest was in October 2017.

Total deals
2
Acquisitions
2

Deals on record (2 of 2)

WhenDealAmountParties
Oct 2017AcquisitionUndisclosedBuyer: Lifecell International Private Limited
Sep 2013AcquisitionUndisclosedSeller: Cryo Save Group N.V.
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Associated Brands with Cryo-Save (India) Private Limited

Cryo-Save (India) operates one associated brand: CryoSave. Each brand links to its own profile.

BrandDescriptionWebsite
Umbilical cord blood stem cells are stored for family use.cryosave.co.za

Employees and EPFO Compliance at Cryo-Save (India) Private Limited

Employment history and EPFO contributions of people linked to Cryo-Save (India).

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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CIN History of Cryo-Save (India) Private Limited

Cryo-Save (India) has one previous CIN (Corporate Identification Number): U85100TN2008PTC066651. The current CIN is U85100KA2008PTC060530, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U85100KA2008PTC060530Current
U85100TN2008PTC066651Previous

News related to Cryo-Save (India) Private Limited

LifeCell takes over operations of Cryo Save
11 Oct 2017 · Times Of India

Recent Activity on Cryo-Save (India) Private Limited

Cryo-Save (India) Private Limited has 13 board changes on record since 2008: 2 appointments and 11 cessations. The latest: Roderick Macnaughton Stuart ceased to be Managing Director on 25 Oct 2017.

Charges
A charge registered on 15 Sep 2015 via Charge ID 10599417 with Hdfc Bank Limited was fully satisfied on 25 Jun 2018.
Ceased
Roderick Macnaughton Stuart ceased to be Managing Director.
AGM
Cryo-Save (India) Private Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.
Filing
Cryo-Save (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.00 Cr with Charge ID 10599417 was registered on 15 Sep 2015.
Ceased
Ganapathy Nagarajan ceased to be Additional Director.
Ceased
Arnoldus Paulus Van Tulder ceased to be Director.
Appointed
Ganapathy Nagarajan was appointed as Director.
Ceased
Petrus Adrianus Buuron ceased to be Additional Director.
Ceased
Waeterschoot Marc J ceased to be Director.
Ceased
Rajesh Sharma ceased to be Managing Director.
Appointed
Roderick Macnaughton Stuart was appointed as Director.

6 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Cryo-Save (India) Private Limited

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MSME Payment Delays by Cryo-Save (India) Private Limited

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Subsidiaries & Group Companies of Cryo-Save (India) Private Limited

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GST Compliance of Cryo-Save (India) Private Limited

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MCA Filings & Documents of Cryo-Save (India) Private Limited

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Frequently Asked Questions about Cryo-Save (India) Private Limited

Cryo-Save (India) is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.

Cryo-Save (India) is a company under liquidation, formerly operating as a private limited company based in Bangalore, Karnataka, India. The company works in ivf and maternity care centers, within the healthcare industry. It was incorporated on 29 February 2008 and is registered under CIN U85100KA2008PTC060530. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Cryo-Save (India) reported revenue of ₹17.4 Cr for FY 2017 (down 16% YoY).

Cryo-Save (India) has 2 current directors:

Cryo-Save (India) reported a net loss of ₹4.62 Cr (net margin -26.6%) and EBITDA of -₹2.93 Cr (EBITDA margin -16.9%) for FY 2017, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Cryo-Save (India) is 8% over three years. In the latest year (FY 2017) revenue fell 16%. CAGR is the steady yearly rate that links the first and the last year.

The CIN (Corporate Identification Number) of Cryo-Save (India) is U85100KA2008PTC060530. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Cryo-Save (India) has no open charges and satisfied charges of ₹3 Cr as per latest MCA filings.

Cryo-Save (India) has 20 court cases on record: 20 filed against it. 2 are pending.

Cryo-Save (India) was incorporated on 29 February 2008. It is registered with the Registrar of Companies, Bangalore.

Cryo-Save (India) has 2 deals on record (2 acquisitions); the latest was in October 2017.

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