Hcg Medi-Surge Hospitals Private Limited - Company Profile

It is a healthcare private limited company based in Ahmedabad, Gujarat, India, established in 2000.

2000 Ahmedabad, Gujarat, India Active

Last Updated: January 10, 2026

About Hcg Medi-Surge Hospitals Private Limited

Hcg Medi-Surge Hospitals Private Limited, a active private limited company, was established on 03 March 2000 in Ahmedabad, Gujarat, India. Engaging in oncology clinics & cancer treatment within the hospital and medical care sector, it holds CIN: U85110GJ2000PTC037474. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹5.57 Cr.

Formerly known as Medi-Surge Associates Private Limited. It upholds a compliant status. Employing 558 professional, Its leadership includes Ramesh S Bilimagga (Director), Vijay Govinda Devanhalli (Additional Director), Rajendra Bhagwandas Toprani (Director). Past directors included Krishnaraj Chirag, Ramesh S Bilimagga, Vijay Govinda Devanhalli. It holds ₹128.68 Cr open charges and ₹66.22 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at Medi-Surgehospitals1 Maharashtra Society Mithakhali Cross Road, Ahmedabad, Gujarat, 380006.

Company Details

CIN/LLPIN
U85110GJ2000PTC037474
Registration Number
037474
Incorporation Date
03 March 2000
Authorized Capital
₹10.00 Cr
Paid-Up Capital
₹5.57 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 10.00 Cr as on 10-01-2026
Paid Up Capital ₹ 5.57 Cr as on 10-01-2026
Company Age 25 Year, 11 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 128.68 Cr as on 10-01-2026
Satisfied Charges ₹ 66.22 Cr as on 10-01-2026
Revenue Growth **** 20.03% (FY 2023)
Profit Growth **** 63.37% (FY 2023)
Ebitda **** 22.92% (FY 2023)
Net Worth 60.85% (FY 2023)
Total Assets **** 11.13% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Hcg Medi-Surge Hospitals Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Hcg Medi-Surge Hospitals Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Ramesh S Bilimagga	Director	14 Sep 2009	Current
Vijay Govinda Devanhalli	Additional Director	08 Dec 2025	Current
Rajendra Bhagwandas Toprani	Director	08 Sep 2016	Current
Basavalinga Ajaikumar Sadasivaiah	Director	19 Jul 2007	Current
Srinivasa Venkatavaradhan Raghavan	Director	30 Jul 2020	Current
Kaustubhbhai Dhirajlal Patel	Director	02 Aug 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Additional Director	29 Sep 2009	Past
Pramod Abcsdd	Additional Director	26 Sep 2008	Past
Pramod Abcsdd	Additional Director	30 Sep 2016	Past
Pramod Abcsdd	Director	20 Jul 2007	Past
Pramod Abcsdd	Director	08 Sep 2016	Past

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Financial Performance of Hcg Medi-Surge Hospitals.

Hcg Medi-Surge Hospitals Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.03% increase. The company also saw a substantial improvement in profitability, with a 63.37% increase in profit. The company's net worth Soared by an impressive increase of 60.85%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

20.03%

*******

Revenue from Operations

*******

20.18%

*******

Total Assets

*******

11.13%

*******

Profit or Loss

*******

63.37%

*******

Net Worth

*******

60.85%

*******

EBITDA

*******

22.92%

*******

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What is the Ownership and Shareholding Structure of Hcg Medi-Surge Hospitals?

In 2023, Hcg Medi-Surge Hospitals had a promoter holding of 74.00% and a public holding of 26.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹1,286,800,000.00

Satisfied Charges

₹662,165,000.00

Charges Breakdown by Lending Institutions

Axis Bank Limited : 113.68 Cr
Yes Bank Limited : 15.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
30 Apr 2024	Axis Bank Limited	₹63.00 Cr	Open
28 Jun 2021	Axis Bank Limited	₹50.68 Cr	Open
30 Dec 2015	Yes Bank Limited	₹15.00 Cr	Open
10 Jul 2018	Others	₹30.35 Cr	Satisfied
01 Oct 2008	Ge Capital Services India	₹3.47 M	Satisfied

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How Many Employees Work at Hcg Medi-Surge Hospitals?

Hcg Medi-Surge Hospitals has a workforce of 558 employees as of Mar 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Hcg Medi-Surge Hospitals, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Hcg Medi-Surge Hospitals's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Hcg Medi-Surge Hospitals

Recent Activity within the Organization

Director Appointment

The activity Vijay Govinda Devanhalli was appointed as a Additional Director was appointed as a Additional Director on 08 Dec 2025 & has been associated with this company since 2 months 22 days . was completed.
08 Dec 2025
Annual General Meeting

Progress on Hcg Medi-Surge Hospitals Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was documented.
29 Sep 2025
Balance Sheet

Progress on Hcg Medi-Surge Hospitals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.
31 Mar 2025
Charges

The activity A charge with Yes Bank Limited of Rs. 15.00 Cr registered on 30 Dec 2015 with Charge ID 10617603 was modified on 08 Aug 2024. was completed.
08 Aug 2024
Director Appointment

The activity Kaustubhbhai Dhirajlal Patel was appointed as a Director was appointed as a Director on 02 Aug 2024 & has been associated with this company since 1 year 6 months . was completed.
02 Aug 2024
Charges

The activity A charge with Axis Bank Limited amounted to Rs. 63.00 Cr with Charge ID 100921910 was registered on 30 Apr 2024. was completed.
30 Apr 2024

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