MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0185894
Idearx Services Private Limited - healthcare in Sriperumbudur, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹56.86 Cr
▲ 19% YoY
Net loss · FY 2024
₹8.27 Cr
Net margin -14.6%
EBITDA · FY 2024
-₹3.9 Cr
EBITDA margin -6.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹3.39 Lakh
Issued & subscribed
Open charges
₹2.4 Cr
Satisfied ₹3 Cr
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
About Idearx Services Private Limited
Data last updated:
Idearx Services Private Limited is a private limited company based in Sriperumbudur, Tamil Nadu, India. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 18 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U85190TN2016PTC110978. Its GSTIN is 33AAECI1786N1Z7 (Tamil Nadu). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3.39 Lakh. It is led by directors Vivekananthan Saravanan and Anosh Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sriperumbudur, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹56.86 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net loss of ₹8.27 Cr (net margin -14.6%) and EBITDA of -₹3.9 Cr (EBITDA margin -6.9%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years and 52% over five years.
The company is associated with 1 brand: IdeaRX. As per MCA filings, the company has open charges of ₹2.4 Cr and satisfied charges of ₹3 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 2 cases are pending. The company has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹7.76 Cr; the latest was in February 2022. Its 3 peer companies in the Healthcare industry (Consulting Services, Healthcare Equipment Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 1 smaller; the largest is Bioaide Technologies Private Limited with revenue of ₹57.18 Cr.
Idearx Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0185894). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website idearx.in.
Company details
CIN U85190TN2016PTC110978
Registration Number 110978
Incorporation Date 18 June 2016
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0185894
Recognitions & Rankings of Idearx Services
Contact details
Idearx Services Private Limited's registered office is in Sriperumbudur, Tamil Nadu. Its website is idearx.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 9/9 Meenatchi Nagar 1st Street, Porur Chennai, Sriperumbudur, Tamil Nadu, India – 600116
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of Idearx Services Private Limited, buy the company report.
Comprehensive company report
Idearx Services 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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Business activity
The main business activity of Idearx Services is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Idearx Services Private Limited, buy the company report.
Financials of Idearx Services Private Limited
FY 2024 filings availableIdearx Services Private Limited reported revenue of ₹56.86 Cr (up 19% YoY) for FY 2024.
Revenue · FY 2024
₹56.86 Cr ▲ 19%
Net loss · FY 2024
₹8.27 Cr margin -14.6%
EBITDA · FY 2024
-₹3.9 Cr margin -6.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 58%
5 years · compounded
▲ 52%
EBITDA CAGR growth
1 year
▼ 123%
3 years · compounded
▼ 27%
5 years · compounded
▼ 36%
Revenue has grown at a compounded annual rate (CAGR) of 52% over five years, including 19% growth in the latest year. EBITDA fell 123% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹3.9 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.27 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.9% | ||||
| Net Profit Margin | -14.6% | ||||
| 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 Idearx Services Private Limited, buy the company report.
Board of directors of Idearx Services Private Limited
Idearx Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anosh Agarwal Also directs: Dr. Agarwal's Health Care Limited, Elisar Life Sciences Private Limited, Aditya Jyot Eye Hospital Private Limited and 1 more | Nominee Director | 27 Feb 2017 | 9 Years 7 Months | Current |
| Vivekananthan Saravanan Also directs: Clarivium Technologies Private Limited | Director | 18 Jun 2016 | 10 Years 4 Months | Current |
Peer comparison
Idearx Services Private Limited is compared with the 3 companies closest to it by revenue in the Healthcare industry (Consulting Services, Healthcare Equipment Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bioaide Technologies Private Limited | ₹57.18 Cr (FY 2024) | 20.0% | New Delhi, Delhi, India | |||
| Matson Surgicals Private Limited | ₹57.11 Cr (FY 2024) | 11.0% | Delhi, India | |||
| Idearx Services Private Limitedthis company | ₹56.86 Cr (FY 2024) | -₹8.27 Cr | -14.6% | 19.0% | Sriperumbudur, Tamil Nadu, India | |
| Krishna Surgical Solutions Private Limited | ₹56.59 Cr (FY 2025) | -1.0% | Delhi, India |
To see the full peer comparison of Idearx Services Private Limited, buy the company report.
Auditor
Idearx Services Private Limited is audited by HSA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HSA & ASSOCIATES | FY 2023 | 013695S |
Shareholding
The shareholding of Idearx Services 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 Idearx Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.4 Cr
Satisfied charges
₹3 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Aug 2025 | 101147600 | Others | ₹1.4 Cr | Open | |
| 08 Aug 2025 | 101156146 | Others | ₹1 Cr | Open | |
| 20 Nov 2023 | 100854764 | Others | ₹1 Cr | Satisfied | |
| 02 Jan 2023 | 100685313 | Others | ₹2 Cr | Satisfied |
To see the full charge records of Idearx Services Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Idearx Services Private Limited has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹7.76 Cr; the latest was in February 2022.
Total deals
5
Funding rounds
3
Rights issue
1
Secondary share transfer
1
Disclosed funding
₹7.76 Cr
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2022 | Funding round | ₹4 Cr | Investors: Vidhay LLC |
| May 2021 | Funding round | ₹1.75 Cr | Investors: Vidhay LLC, an individual |
| Aug 2020 | Rights issue | ₹1.25 Cr | Investors: an individual |
| Feb 2017 | Funding round | ₹2.01 Cr | Investors: Dr. Agarwal's Health Care Limited |
| Jul 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Idearx Services Private Limited has 5 court cases on record: 2 filed by Idearx Services, 3 filed against it. 2 cases are pending and 3 are disposed.
Total cases
5
Filed by the company
2
Filed against the company
3
Pending
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 3 | 2 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal case | Filed by the company against Chris Merchant Private Limited Represented by Its Managing Director and 2 others | Disposed |
| District court, Chennai, Tamil Nadu | Court case (COS) | Filed against the company by Om Surgical Co. | Pending |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed by the company against The State Rep by Its Inspector of Police | Pending |
| District court, Chennai, Tamil Nadu | Execution petition | Filed against the company by Bhandari Pharma Distributors | Disposed |
| District court, Chennai, Tamil Nadu | Court case (COS) | Filed against the company by Bhandari Pharma Distributors | Disposed |
To see the full case history of Idearx Services 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 Idearx Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Idearx Services has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECI1786N1Z7 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Idearx Services Private Limited, buy the company report.
Recent activity
Idearx Services Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Murali Vivekanandan ceased to be Director on 31 Jan 2026.
Ceased
Murali Vivekanandan ceased to be Director.
Charges
A charge with Others amounted to Rs. 140.00 Lakh with Charge ID 101147600 was registered on 25 Aug 2025.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 101156146 was registered on 08 Aug 2025.
Charges
A charge registered on 20 Nov 2023 via Charge ID 100854764 with Others was fully satisfied on 18 Jul 2025.
AGM
Idearx Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Idearx Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge registered on 02 Jan 2023 via Charge ID 100685313 with Others was fully satisfied on 20 Mar 2024.
Charges
A charge with Others amounted to Rs. 100.29 Lakh with Charge ID 100854764 was registered on 20 Nov 2023.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100685313 was registered on 02 Jan 2023.
Appointed
Anosh Agarwal was appointed as Nominee Director.
Appointed
Vivekananthan Saravanan was appointed as Director.
Incorporation
18 Jun 2016
Idearx Services Private Limited was registered on 18 Jun 2016 with Roc Chennai & aged 10 years 4 months as per MCA records.
Frequently asked questions
Idearx Services is an active private limited company based in Sriperumbudur, Tamil Nadu, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 18 June 2016 (10+ years old) and is registered under CIN U85190TN2016PTC110978.
Idearx Services has 2 current directors:
- Anosh Agarwal - Nominee Director
- Vivekananthan Saravanan - Director
The latest financial statements of Idearx Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Idearx Services is 33AAECI1786N1Z7, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Idearx Services is U85190TN2016PTC110978. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Idearx Services has 5 court cases on record: 2 filed by the company and 3 filed against it. 2 are pending.
Idearx Services was incorporated on 18 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.
Idearx Services has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹7.76 Cr; the latest was in February 2022.
The peers of Idearx Services by revenue are Bioaide Technologies Private Limited, Matson Surgicals Private Limited, Krishna Surgical Solutions Private Limited, all in the Healthcare industry (Consulting Services, Healthcare Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
Murali Vivekanandan ceased to be Director on 31 Jan 2026. Anosh Agarwal was appointed as Nominee Director on 27 Feb 2017. Vivekananthan Saravanan was appointed as Director on 18 Jun 2016.
Yes, Idearx Services is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0185894).