MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0019198
Cyclops Medtech Private Limited - healthcare in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹4.89 Cr
▲ 19% YoY
Net profit · FY 2023
₹13.67 Lakh
Net margin 2.8%
EBITDA · FY 2023
₹2.74 Lakh
EBITDA margin 0.6%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹1.57 Lakh
Issued & subscribed
Open charges
₹70 Lakh
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
3
Provident fund records
About Cyclops Medtech Private Limited
Data last updated:
Cyclops Medtech Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the healthtech and medical tech solutions segment of the healthcare sector. It was incorporated on 29 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2015PTC078575. Its GSTIN is 29AAFCC9247D1ZI (Karnataka).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.57 Lakh. It is led by directors including Ravi Chandran Nayar and Dorasala Rammanna Srinivas.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.89 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹13.67 Lakh (net margin 2.8%) and EBITDA of ₹2.74 Lakh (EBITDA margin 0.6%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 28% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Cyclops MedTech. As per MCA filings, the company has open charges of ₹70 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹6.46 Cr; the latest was in December 2019.
Cyclops Medtech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0019198). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cyclopsmedtech.com.
Company details
CIN U74900KA2015PTC078575
Registration Number 078575
Incorporation Date 29 January 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0019198
Key People
Ravi Chandran Nayar Director Dorasala Rammanna Srinivas Director Niranjan Mysore Subbarao Director Recognitions & Rankings of Cyclops Medtech
Contact details
Cyclops Medtech Private Limited's registered office is in Bangalore, Karnataka. Its website is cyclopsmedtech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 82 Swamy Vivekananda Road 2nd Cross Narayana Nagar 1st Block, Kanakapura Road Doddakallasandra Municipal Corporation Layout, Bangalore, Karnataka, India – 560062
- IndustryHealthcare, HealthTech & Medical Tech Solutions
To see the full contact details of Cyclops Medtech Private Limited, buy the company report.
Comprehensive company report
Cyclops Medtech Private Limited - one report that includes everything
- 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
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Brands
Cyclops Medtech operates one associated brand: Cyclops MedTech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of an AI and VR-based eye tracking solution for eye balancing and testing | cyclopsmedtech.com |
Financials of Cyclops Medtech Private Limited
FY 2023 filings availableCyclops Medtech Private Limited reported revenue of ₹4.89 Cr (up 19% YoY) for FY 2023.
Revenue · FY 2023
₹4.89 Cr ▲ 19%
Net profit · FY 2023
₹13.67 Lakh margin 2.8%
EBITDA · FY 2023
₹2.74 Lakh margin 0.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 24%
5 years · compounded
▲ 28%
EBITDA CAGR growth
1 year
▼ 97%
5 years · compounded
▼ 14%
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 19% growth in the latest year. EBITDA fell 97% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.89 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.74 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.67 Lakh | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.6% | ||||
| Net Profit Margin | 2.8% | ||||
| 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 Cyclops Medtech Private Limited, buy the company report.
Board of directors of Cyclops Medtech Private Limited
Cyclops Medtech has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Chandran Nayar | Director | 29 Jan 2015 | 11 Years 9 Months | Current |
| Dorasala Rammanna Srinivas Also directs: Integrated Balance Forum | Director | 29 Jan 2015 | 11 Years 9 Months | Current |
| Niranjan Mysore Subbarao | Director | 29 Jan 2015 | 11 Years 9 Months | Current |
| Chandanmal Pukhraj Bothra Also directs: Nokha Trading LLP | Nominee Director | 09 Jul 2018 | 8 Years 4 Months | Current |
Auditor
Cyclops Medtech Private Limited is audited by Ramesh Ashwin & Karanth for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ramesh Ashwin & Karanth | FY 2023 | 010680S |
Shareholding
The shareholding of Cyclops Medtech 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 Cyclops Medtech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹70 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Oct 2023 | 100902198 | Hdfc Bank Limited | ₹70 Lakh | Open |
Total charge records: 1 View all charges
Deals & funding
Cyclops Medtech Private Limited has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹6.46 Cr; the latest was in December 2019.
Total deals
5
Funding rounds
4
Secondary share transfer
1
Disclosed funding
₹6.46 Cr
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2019 | Funding round | ₹10 Lakh | Investors: IIT Bombay |
| Jun 2018 | Funding round · Seed | ₹5.11 Cr | Investors: Unitus Ventures, Nokha Trading LLP , LVX (LetsVenture) |
| May 2018 | Secondary share transfer | Undisclosed | Buyer: Capmorris Business Accelerator Private Limited , an individual Seller: 3 individuals |
| Apr 2018 | Funding round | ₹25 Lakh | Investors: an individual |
| May 2016 | Funding round | ₹1 Cr | Investors: Nokha Trading LLP |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Cyclops Medtech Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, NCLT Bengaluru | Company petition | Filed against the company by Nokha Trading LLP | Pending |
To see the full case history of Cyclops Medtech 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
No delayed payments to MSME suppliers are on our record for Cyclops Medtech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Cyclops Medtech Private Limited has a workforce of 3 employees on its EPFO records as of Apr 2026, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
Employee growth
-76.9%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 3 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 |
To see the full employee and EPFO history of Cyclops Medtech Private Limited, buy the company report.
GST
Cyclops Medtech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCC9247D1ZI | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cyclops Medtech Private Limited, buy the company report.
Recent activity
Cyclops Medtech Private Limited has 4 board changes on record since 2015: 4 appointments. The latest: Chandanmal Pukhraj Bothra was appointed as Nominee Director on 09 Jul 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.70 Cr with Charge ID 100902198 was registered on 12 Oct 2023.
AGM
Cyclops Medtech Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Cyclops Medtech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Appointed
Chandanmal Pukhraj Bothra was appointed as Nominee Director.
Appointed
Dorasala Rammanna Srinivas was appointed as Director.
Appointed
Niranjan Mysore Subbarao was appointed as Director.
Appointed
Ravi Chandran Nayar was appointed as Director.
Incorporation
29 Jan 2015
Cyclops Medtech Private Limited was registered on 29 Jan 2015 with Roc Bangalore & aged 11 years 9 months as per MCA records.
News
Frequently asked questions
Cyclops Medtech is an active private limited company based in Bangalore, Karnataka, India. The company works in healthtech and medical tech solutions, within the healthcare industry. It was incorporated on 29 January 2015 (11+ years old) and is registered under CIN U74900KA2015PTC078575.
Cyclops Medtech has 4 current directors:
- Ravi Chandran Nayar - Director
- Dorasala Rammanna Srinivas - Director
- Niranjan Mysore Subbarao - Director
- Chandanmal Pukhraj Bothra - Nominee Director
The latest financial statements of Cyclops Medtech on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Cyclops Medtech is 29AAFCC9247D1ZI, registered in Karnataka.
The CIN (Corporate Identification Number) of Cyclops Medtech is U74900KA2015PTC078575. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cyclops Medtech has 1 court case on record: 1 filed against it. 1 is pending.
Cyclops Medtech was incorporated on 29 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Cyclops Medtech has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹6.46 Cr; the latest was in December 2019.
Chandanmal Pukhraj Bothra was appointed as Nominee Director on 09 Jul 2018. Dorasala Rammanna Srinivas was appointed as Director on 29 Jan 2015. Niranjan Mysore Subbarao was appointed as Director on 29 Jan 2015. Cyclops Medtech has 4 board changes on record in total.
Yes, Cyclops Medtech is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0019198).
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