MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0027826
Healthassure Private Limited - healthcare in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹96.84 Cr
▲ 9% YoY
Net profit · FY 2025
₹20.95 Cr
Net margin 21.6%
EBITDA · FY 2025
₹22.08 Cr
EBITDA margin 22.8%
Authorised capital
₹9.26 Cr
Registered with MCA
Paid-up capital
₹8.28 Cr
Issued & subscribed
Open charges
₹17.25 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Employees · EPFO
202
Provident fund records
About Healthassure Private Limited
Data last updated:
Healthassure Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diagnostic centers and pathology labs segment of the healthcare sector. It was incorporated on 14 October 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85100MH2011PTC223007. Its GSTIN is 27AACCH7594M1ZV (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹9.26 Cr and a paid-up capital of ₹8.28 Cr. It is led by directors including Varun Gera (Whole-Time Director) and Devika Sehgal.
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 1st Floor Excom House 7 Saki Vihar Road Andheri East, Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2025, the company reported a revenue of ₹96.84 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹20.95 Cr (net margin 21.6%) and EBITDA of ₹22.08 Cr (EBITDA margin 22.8%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 14% over five years.
The company has about 202 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: HealthAssure. As per MCA filings, the company has open charges of ₹17.25 Cr on record. Court records list 2 cases involving the company, including 2 filed against it. The company has 12 deals on record (10 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹81.67 Cr; the latest was in August 2022. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 2,028 overdue payments to 86 micro and small suppliers.
Healthassure Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0027826). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website healthassure.in.
Company details
CIN U85100MH2011PTC223007
Registration Number 223007
Incorporation Date 14 October 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0027826
Recognitions & Rankings of Healthassure
Contact details
Healthassure Private Limited's registered office is in Mumbai, Maharashtra. Its website is healthassure.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address1st Floor Excom House 7 Saki Vihar Road Andheri East, Mumbai, Maharashtra, India – 400072
- IndustryHealthcare, Diagnostic Centers & Pathology Labs
To see the full contact details of Healthassure Private Limited, buy the company report.
Comprehensive company report
Healthassure 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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Secure checkout · GST invoice included
Brands
Healthassure operates one associated brand: HealthAssure. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of healthcare plans offering access to doctors and diagnostic centers | healthassure.in |
Business activity
The main business activity of Healthassure is hospital and medical care. In detail, this covers medical and dental practice, nursing, pathology, blood bank services, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q2 | Medical and dental practice, Nursing, pathology, blood bank services, etc. |
To see the full business activity and turnover split of Healthassure Private Limited, buy the company report.
Financials of Healthassure Private Limited
FY 2025 filings availableHealthassure Private Limited reported revenue of ₹96.84 Cr (up 9% YoY) for FY 2025.
Revenue · FY 2025
₹96.84 Cr ▲ 9%
Net profit · FY 2025
₹20.95 Cr margin 21.6%
EBITDA · FY 2025
₹22.08 Cr margin 22.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 19%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 188%
3 years · compounded
▲ 60%
5 years · compounded
▲ 42%
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 9% growth in the latest year. EBITDA rose 188% 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 | ₹22.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.95 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| 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 | 22.8% | ||||
| Net Profit Margin | 21.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Healthassure Private Limited, buy the company report.
Board of directors of Healthassure Private Limited
Healthassure has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devika Sehgal | Director | 14 Oct 2011 | 15 Years 0 Months | Current |
| Varun Gera Also directs: Kuzalin Services Private Limited | Whole-Time Director | 14 Oct 2011 | 15 Years 0 Months | Current |
| Varun Talwar | Nominee Director | 26 Nov 2025 | 0 Years 11 Months | Current |
Auditor
Healthassure Private Limited is audited by S.N. Dhawan & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.N. Dhawan & Co LLP | FY 2023 | 000050N/N500045 |
Shareholding
The shareholding of Healthassure 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 Healthassure Private Limited, buy the company report.
Charges & borrowings
Open charges
₹17.25 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Nov 2025 | 101183751 | Others | ₹2.25 Cr | Open | |
| 12 Jun 2023 | 100735478 | Others | ₹15 Cr | Open |
Total charge records: 2 View all charges
Deals & funding
Healthassure Private Limited has 12 deals on record (10 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹81.67 Cr; the latest was in August 2022.
Total deals
12
Funding rounds
10
Rights issue
1
Secondary share transfer
1
Disclosed funding
₹81.67 Cr
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2017 | Secondary share transfer | Undisclosed | Buyer: Peppertree Investments LLC Seller: Dw Venture Limited |
| Jan 2016 | Funding round | ₹68.2 Lakh | Investors: Regal Plus Investment Limited, an individual |
| Jun 2015 | Funding round | ₹7.5 Lakh | Investors: Dw Venture Limited |
| Jun 2015 | Funding round | ₹1.13 Cr | Investors: Dw Venture Limited |
| Mar 2015 | Funding round | ₹42 Lakh | Investors: 3 individuals |
To see the full deal history of Healthassure 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
Healthassure Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Arbitration matter | Filed against the company by an individual | Disposed |
| High Court | Court case (CARAP) | Filed against the company by an individual | Disposed |
To see the full case history of Healthassure 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
Healthassure Private Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 2,028 overdue payments to 86 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 86)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Golden Health Services Private Limited | |||
| Max Lab Limited | |||
| Serum Diagnostic Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Healthassure Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Healthassure has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Kuzalin Services Private Limited | U85320MH2019PTC372843 |
To see the full group structure of Healthassure Private Limited, buy the company report.
Employees & EPFO
Healthassure Private Limited has a workforce of 202 employees on its EPFO records as of Apr 06, 2024, across 2 active EPFO establishments.
Employee count
202
Active EPFO establishments
2
Employee growth
-11.79%
GST
Healthassure has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCH7594M1ZV | Maharashtra | Active | 01 Jul 2017 |
| 06AACCH7594M1ZZ | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Healthassure Private Limited, buy the company report.
Recent activity
Healthassure Private Limited has 15 board changes on record since 2011: 9 appointments and 6 cessations. The latest: Varun Talwar was appointed as Nominee Director on 26 Nov 2025.
Appointed
Varun Talwar was appointed as Nominee Director.
Charges
A charge with Others amounted to Rs. 2.25 Cr with Charge ID 101183751 was registered on 13 Nov 2025.
AGM
Healthassure Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Inderjit Walia ceased to be Nominee Director.
Ceased
Yash Mahendra Jain ceased to be Nominee Director.
Filing
Healthassure Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Yash Mahendra Jain was appointed as Nominee Director.
Appointed
Inderjit Walia was appointed as Nominee Director.
Ceased
Syed Ali Abbas ceased to be Director.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100735478 was registered on 12 Jun 2023.
Ceased
Tejas Manish Jobalia ceased to be CFO.
Appointed
Tejas Manish Jobalia was appointed as CFO.
8 earlier events are in the company report.
News
Frequently asked questions
Healthassure is an active private limited company based in Mumbai, Maharashtra, India. The company works in diagnostic centers and pathology labs, within the healthcare industry. It was incorporated on 14 October 2011 (15+ years old) and is registered under CIN U85100MH2011PTC223007.
Healthassure has 3 current directors:
- Varun Gera - Whole-Time Director
- Devika Sehgal - Director
- Varun Talwar - Nominee Director
The latest financial statements of Healthassure 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 Healthassure is 27AACCH7594M1ZV, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AACCH7594M1ZZ (Haryana).
The CIN (Corporate Identification Number) of Healthassure is U85100MH2011PTC223007. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Healthassure has 2 court cases on record: 2 filed against it.
Healthassure was incorporated on 14 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Healthassure has 12 deals on record (10 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹81.67 Cr; the latest was in August 2022.
Varun Talwar was appointed as Nominee Director on 26 Nov 2025. Inderjit Walia ceased to be Nominee Director on 03 Sep 2025. Yash Mahendra Jain ceased to be Nominee Director on 26 Aug 2025. Healthassure has 15 board changes on record in total.
Yes, Healthassure is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0027826).
Healthassure has 13 MSME Form 1 returns on record between 2019 and 2024, listing 2,028 overdue payments to 86 micro and small suppliers. The latest return was filed on 30 Apr 2024.
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