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Ihx Private Limited - healthcare in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹27.29 Cr
▲ 85% YoY
Net loss · FY 2025
₹40.53 Cr
Net margin -148.5%
EBITDA · FY 2025
-₹34.38 Cr
EBITDA margin -126%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹1.73 Cr
Issued & subscribed
Open charges
₹10 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
130
Provident fund records
About Ihx Private Limited
Data last updated:
Ihx Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the healthtech and medical tech solutions segment of the healthcare sector. It was incorporated on 12 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC138527. Its GSTIN is 29AAFCI8025F1ZI (Karnataka).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.73 Cr. It is led by directors including Mahesh Nagarajiah and Prasad Kailash Krishnamorthy.
Its last annual general meeting (AGM) was held on 28 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.29 Cr, a growth of 85% compared to the previous year. For the same year it recorded a net loss of ₹40.53 Cr (net margin -148.5%) and EBITDA of -₹34.38 Cr (EBITDA margin -126%). Revenue has grown at a compounded annual rate (CAGR) of 106% over three years.
The company has about 130 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: BuddhiMed and IHX. As per MCA filings, the company has open charges of ₹10 Cr on record. The company has 1 deal on record (1 acquisition); the latest was in April 2025. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 30 overdue payments to 13 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ihx.in.
Company details
CIN U72900KA2020PTC138527
Registration Number 138527
Incorporation Date 12 September 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Ihx
Contact details
Ihx Private Limited's registered office is in Bangalore, Karnataka. Its website is ihx.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressIndiqube Plaza 2nd Floor No. 6 Pid No. 73 – 19 – 6, Bbmp Ward No. 113 Nal Wind Tunnel Road Murugesh Palya, Bangalore, Karnataka, India – 560017
- IndustryHealthcare, HealthTech & Medical Tech Solutions
To see the full contact details of Ihx Private Limited, buy the company report.
Comprehensive company report
Ihx 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
Ihx operates two associated brands: BuddhiMed and IHX. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers AI and data science solutions for clinical data management platforms. | buddhimed.com | |
| Cloud-based solutions for hospital claims and patient management are offered. | ihx.in |
Business activity
The main business activity of Ihx is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Ihx Private Limited, buy the company report.
Financials of Ihx Private Limited
FY 2025 filings availableIhx Private Limited reported revenue of ₹27.29 Cr (up 85% YoY) for FY 2025.
Revenue · FY 2025
₹27.29 Cr ▲ 85%
Net loss · FY 2025
₹40.53 Cr margin -148.5%
EBITDA · FY 2025
-₹34.38 Cr margin -126%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 85%
3 years · compounded
▲ 106%
EBITDA CAGR growth
1 year
▲ 4%
3 years · compounded
▼ 72%
Revenue has grown at a compounded annual rate (CAGR) of 106% over three years, including 85% growth in the latest year. EBITDA rose 4% 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 |
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| EBITDA | -₹34.38 Cr | ||||
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| Net Profit (PAT) | -₹40.53 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -126% | ||||
| Net Profit Margin | -148.5% | ||||
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To see the full financial statements and ratios of Ihx Private Limited, buy the company report.
Board of directors of Ihx Private Limited
Ihx has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Nagarajiah Also directs: Remedinet Technologies Private Limited | Director | 19 Mar 2021 | 5 Years 7 Months | Current |
| Prasad Kailash Krishnamorthy Also directs: Remedinet Technologies Private Limited | Director | 29 Apr 2025 | 1 Years 5 Months | Current |
| Sumit Nigam | Director | 29 Apr 2025 | 1 Years 5 Months | Current |
Auditor
Ihx Private Limited is audited by V Rohatgi & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V Rohatgi & Co | FY 2023 | 000980C |
Shareholding
The shareholding of Ihx Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ihx Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Dec 2025 | 101200723 | Axis Bank Limited | ₹10 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Ihx Private Limited has 1 deal on record (1 acquisition); the latest was in April 2025.
Total deals
1
Acquisition
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2025 | Acquisition | Undisclosed | Buyer: Perfios Software Solutions Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Ihx Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Ihx Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 30 overdue payments to 13 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 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Square Business Services Private Limited | |||
| Projuris Advisors LLP | |||
| an individual supplier | |||
| Indiqube Spaces Limited | |||
| Coducer Technologies Private Limited |
To see the full MSME payment records of Ihx Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Ihx 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 |
|---|---|---|
| Buddhimed Technologies Private Limited | U74999KA2019PTC123269 |
To see the full group structure of Ihx Private Limited, buy the company report.
Employees & EPFO
Ihx Private Limited has a workforce of 130 employees on its EPFO records as of Apr 11, 2024, across 1 active EPFO establishment.
Employee count
130
Active EPFO establishments
1
Employee growth
85.71%
GST
Ihx has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCI8025F1ZI | Karnataka | Active | 16 Mar 2021 |
To see the full GST registrations and return filing status of Ihx Private Limited, buy the company report.
Recent activity
Ihx Private Limited has 9 board changes on record since 2020: 6 appointments and 3 cessations. The latest: Ajay Gupta ceased to be Director on 29 Apr 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 10.00 Cr with Charge ID 101200723 was registered on 01 Dec 2025.
AGM
Ihx Private Limited last Annual general meeting of members was held on 28 Aug 2025 as per latest MCA records.
Ceased
Ajay Gupta ceased to be Director.
Appointed
Prasad Kailash Krishnamorthy was appointed as Director.
Ceased
Sanjay Kalra ceased to be Director.
Appointed
Sumit Nigam was appointed as Director.
Filing
Ihx Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Ajay Gupta was appointed as Director.
Ceased
Ajay Bakshi ceased to be Director.
Appointed
Mahesh Nagarajiah was appointed as Director.
Appointed
Ajay Bakshi was appointed as Director.
Appointed
Sanjay Kalra was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Ihx 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 12 September 2020 (6+ years old) and is registered under CIN U72900KA2020PTC138527.
Ihx has 3 current directors:
- Mahesh Nagarajiah - Director
- Prasad Kailash Krishnamorthy - Director
- Sumit Nigam - Director
The latest financial statements of Ihx on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 August 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Ihx is 29AAFCI8025F1ZI, registered in Karnataka.
The CIN (Corporate Identification Number) of Ihx is U72900KA2020PTC138527. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ihx was incorporated on 12 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Ihx has 1 deal on record (1 acquisition); the latest was in April 2025.
Ajay Gupta ceased to be Director on 29 Apr 2025. Prasad Kailash Krishnamorthy was appointed as Director on 29 Apr 2025. Sanjay Kalra ceased to be Director on 29 Apr 2025. Ihx has 9 board changes on record in total.
Yes, Ihx is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Ihx has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 30 overdue payments to 13 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Ihx can be reached through the website ihx.in. Its registered office is in Bangalore, Karnataka, India.