About Imedrix Systems Private Limited
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Imedrix Systems Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Imedrix Inc (Formarly Known As Piitech Inc) and recognised as a startup by DPIIT. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 01 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72300KA2016PTC086571. Its GSTIN is 29AAECI0775K1Z7 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Nagesh Rangappan and Rajaram Ganesh Shastri.
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 4th Floor Uks Heights M – 20 Sector XI Lic Colony Jeevan Bima Nagar, Bangalore, Karnataka, India – 560075.
As per the financials filed for FY 2023, the company reported a revenue of ₹8.54 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹69.63 Lakh (net margin 8.2%) and EBITDA of ₹1.2 Cr (EBITDA margin 14.1%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 20% over five years.
The company has about 25 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: iMedrix. As per MCA filings, the company has open charges of ₹53.33 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website imedrix.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address4th Floor Uks Heights M – 20 Sector XI Lic Colony Jeevan Bima Nagar, Bangalore, Karnataka, India – 560075
- IndustryFinancial Services, Equipment Leasing & Financing
- 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
- One PDF report, delivered after checkout
Associated Brands with Imedrix Systems Private Limited
Imedrix Systems operates one associated brand: iMedrix. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI and cloud-based ECG devices are provided for medical monitoring. | imedrix.com |
Competitors & Alternatives of Imedrix Systems Private Limited
Brands and companies operating in the same space as Imedrix Systems Private Limited include Endotronix, Tricog, Ultromics and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Endotronix | Miniaturized wireless implantable sensors are developed for hemodynamic monitoring. | East Peoria, United States | 2007 |
 Tricog | AI-powered cardiac diagnostic solutions are provided for care pathways. | Bengaluru, India | 2014 |
 Ultromics | AI-powered echocardiography analysis for cardiovascular disease detection is provided. | Oxford, United Kingdom | 2017 |
 Oxehealth | Contactless patient monitoring is provided for mental health facilities. | Leeds, United Kingdom | 2012 |
 BioIntelliSense | Vital signs are monitored via a single-use patch and platform. | Redwood City, United States | 2018 |
 CoachCare | Remote monitoring platform for tracking patient activity | New York, United States | 2013 |
 Edwards Lifesciences | Medical devices for structural heart disease are developed and provided. | Irvine, United States | 1958 |
 Openwater | Provider of imaging technologies for medical diagnosis and treatments | San Francisco, United States | 2016 |
 Fifth Eye | An analytics platform for managing hemodynamic instability is provided. | Ann Arbor, United States | 2017 |
 Somatix | AI-based remote health monitoring tools are provided for patient care. | New York, United States | 2015 |
Business Activity of Imedrix Systems Private Limited
The main business activities of Imedrix Systems are professional, scientific and technical, manufacturing and support service to organizations. In detail, this covers other professional, scientific and technical activities, other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities. 3 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Imedrix Systems Private Limited
Imedrix Systems Private Limited is audited by Prakash & Rajaguru for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Prakash & Rajaguru | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Imedrix Systems Private Limited
Imedrix Systems has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagesh Rangappan | Director | 14 Mar 2020 | 6 Years 6 Months | Current |
| Rajaram Ganesh Shastri | Director | 01 Mar 2016 | 10 Years 7 Months | Current |
| Srikanth Jadcherla | Director | 28 Apr 2016 | 10 Years 5 Months | Current |
Financials of Imedrix Systems Private Limited FY 2025 filings available
Imedrix Systems Private Limited reported revenue of ₹8.54 Cr (up 29% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Imedrix Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 29% growth in the latest year. EBITDA rose 33% 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 of Imedrix Systems Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹1.2 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹69.63 Lakh | •••• | •••• | •••• | •••• |
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Financial Ratios of Imedrix Systems Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.2% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Imedrix Systems are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Imedrix Systems Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Imedrix Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jul 2019 | Hdfc Bank Limited | ₹53.33 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Imedrix Systems Private Limited
Imedrix Systems Private Limited has a workforce of 25 employees as of Mar 29, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Imedrix Systems Private Limited
Imedrix Systems has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECI0775K1Z7 | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Legal Cases of Imedrix Systems Private Limited
Imedrix Systems Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case ((T)OP(TM)) | Filed against the company by an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
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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.
Credit Ratings, Litigation & Regulatory Alerts for Imedrix Systems Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Imedrix Systems Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Imedrix Systems Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Imedrix Systems Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Imedrix Systems Private Limited
Frequently Asked Questions about Imedrix Systems Private Limited
Imedrix Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 01 March 2016 (10+ years old) and is registered under CIN U72300KA2016PTC086571.
Imedrix Systems reported revenue of ₹8.54 Cr for FY 2023 (up 29% YoY).
Imedrix Systems has 3 current directors:
- Nagesh Rangappan - Director
- Rajaram Ganesh Shastri - Director
- Srikanth Jadcherla - Director
Imedrix Systems reported a net profit of ₹69.63 Lakh (net margin 8.2%) and EBITDA of ₹1.2 Cr (EBITDA margin 14.1%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Imedrix Systems is 20% over three years and 20% over five years. In the latest year (FY 2023) revenue rose 29%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Imedrix Systems is 29AAECI0775K1Z7, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Imedrix Systems is U72300KA2016PTC086571. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Imedrix Systems has 2 court cases on record: 2 filed against it.
Imedrix Systems was incorporated on 01 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.