About Health On Demand Private Limited
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Health On Demand Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 21 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2013PTC250239. Its GSTIN is 27AAUCS0687E1ZV (Maharashtra).
The company has an authorised share capital of ₹22.74 Cr and a paid-up capital of ₹22.44 Cr. It was formerly known as Sprim Health Consulting Private Limited and Hod Innovation Labs Private Limited. It is led by directors Ankit Vijay Khambhati and Vijay Nautamlal Khambhati.
Its last annual general meeting (AGM) was held on 02 January 2020, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Sahajanand Compound Acharya Donde Marg Opp. Thakre Udyan Sewree, Mumbai, Maharashtra, India – 400015.
As per the financials filed for FY 2019, the company reported a revenue of ₹5.33 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹10.91 Cr (net margin -204.6%) and EBITDA of -₹10.03 Cr (EBITDA margin -188%). Revenue has grown at a compounded annual rate (CAGR) of 95% over three years and 166% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it. The company has 7 deals on record (5 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹21.12 Cr; the latest was in March 2019.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hod.life.
Company details
Name history
Health On Demand has undergone 2 name changes throughout its history. The company was previously known as Sprim Health Consulting Private Limited, and Hod Innovation Labs Private Limited. The current legal name is Health On Demand Private Limited.
| Company Name | Status |
|---|---|
| Health On Demand Private Limited | Current |
| Sprim Health Consulting Private Limited | Previous |
| Hod Innovation Labs Private Limited | Previous |
Contact details
Health On Demand Private Limited's registered office is in Mumbai, Maharashtra. Its website is hod.life. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressSahajanand Compound Acharya Donde Marg Opp. Thakre Udyan Sewree, Mumbai, Maharashtra, India – 400015
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Health On Demand 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
Business activity
The main business activity of Health On Demand is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Health On Demand Private Limited, buy the company report.
Financials of Health On Demand Private Limited
FY 2019 filings availableHealth On Demand Private Limited reported revenue of ₹5.33 Cr (up 208% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 166% over five years, including 208% growth in the latest year. EBITDA fell 19% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹5.33 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹10.03 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10.91 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -188% | ||||
| Net Profit Margin | -204.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Health On Demand Private Limited, buy the company report.
Board of directors of Health On Demand Private Limited
Health On Demand has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Vijay Khambhati Also directs: Mitosys Healthcare (OPC) Private Limited | Director | 21 Nov 2013 | 12 Years 11 Months | Current |
| Vijay Nautamlal Khambhati | Director | 17 Aug 2015 | 11 Years 2 Months | Current |
Auditor
Health On Demand Private Limited is audited by R M J & ASSOCIATES LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R M J & ASSOCIATES LLP | FY 2019 | W100281 |
Shareholding
The shareholding of Health On Demand Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Health On Demand Private Limited, buy the company report.
Deals & funding
Health On Demand Private Limited has 7 deals on record (5 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹21.12 Cr; the latest was in March 2019.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Funding round | ₹1.31 Cr | Investors: 4 individuals |
| Feb 2019 | Rights issue | ₹1.37 Cr | Investors: Pagoda Advisors Private Limited , 3 individuals |
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2018 | Funding round | ₹12.71 Cr | Investors: 4 individuals |
| Mar 2015 | Funding round | ₹9.7 Lakh | Investors: an individual |
To see the full deal history of Health On Demand Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Health On Demand Private Limited has 2 court cases on record: 1 filed by Health On Demand, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Appeal | Filed by the company against House of Diagnostics LLP | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Comp ULP) | Filed against the company by an individual | Disposed |
To see the full case history of Health On Demand 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 Health On Demand Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Health On Demand has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAUCS0687E1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Health On Demand Private Limited, buy the company report.
Recent activity
Health On Demand Private Limited has 5 board changes on record since 2013: 2 appointments and 3 cessations. The latest: Nirmal Vinod Momaya ceased to be Director on 22 Jul 2019.
Frequently asked questions
Health On Demand is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 21 November 2013 (13+ years old) and is registered under CIN U74120MH2013PTC250239.
Health On Demand has 2 current directors:
- Ankit Vijay Khambhati - Director
- Vijay Nautamlal Khambhati - Director
The latest financial statements of Health On Demand on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 02 January 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Health On Demand is 27AAUCS0687E1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Health On Demand is U74120MH2013PTC250239. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Health On Demand has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
Health On Demand was incorporated on 21 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Health On Demand has 7 deals on record (5 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹21.12 Cr; the latest was in March 2019.
Nirmal Vinod Momaya ceased to be Director on 22 Jul 2019. Amol Jashvant Shah ceased to be Director on 17 Jul 2019. Ivan Jarry ceased to be Director on 25 Sep 2015. Health On Demand has 5 board changes on record in total.
Health On Demand can be reached through the website hod.life. Its registered office is in Mumbai, Maharashtra, India.
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