Startup India Government of India
Inavate Medical Private Limited
Inavate Medical Private Limited - healthcare in Bengaluru, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2023
₹30.5 Lakh
▲ 522% YoY
Net loss · FY 2023
₹16.38 Lakh
Net margin -53.7%
EBITDA · FY 2023
-₹14.31 Lakh
EBITDA margin -46.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹50 Lakh
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
About Inavate Medical Private Limited
Data last updated:
Inavate Medical Private Limited is a private limited company based in Bengaluru, Karnataka, India, recognised as a startup by DPIIT. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 20 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U33309KA2021PTC149700.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Sebastian Vallikunnel Joseph (Managing Director) and Raja.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 152E 4th Main Bikasipura, Bengaluru, Karnataka, India – 560078.
As per the financials filed for FY 2023, the company reported a revenue of ₹30.5 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹16.38 Lakh (net margin -53.7%) and EBITDA of -₹14.31 Lakh (EBITDA margin -46.9%).
As per MCA filings, the company has open charges of ₹50 Lakh on record.
Inavate Medical Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0233657).
Company details
CIN U33309KA2021PTC149700
Registration Number 149700
Incorporation Date 20 July 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0233657
Recognitions & Rankings of Inavate Medical
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0233657
Contact details
Inavate Medical Private Limited's registered office is in Bengaluru, Karnataka.
- Registered Address152E 4th Main Bikasipura, Bengaluru, Karnataka, India – 560078
- IndustryHealthcare, Medical Equipment Retail & Distribution
Comprehensive company report
Inavate Medical 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Inavate Medical is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Inavate Medical Private Limited, buy the company report.
Financials of Inavate Medical Private Limited
FY 2023 filings availableInavate Medical Private Limited reported revenue of ₹30.5 Lakh (up 522% YoY) for FY 2023.
Revenue · FY 2023
₹30.5 Lakh ▲ 522%
Net loss · FY 2023
₹16.38 Lakh margin -53.7%
EBITDA · FY 2023
-₹14.31 Lakh margin -46.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 522%
EBITDA CAGR growth
1 year
▼ 104%
Revenue rose 522% in the latest year. EBITDA fell 104% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| 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 | -₹14.31 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹16.38 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -46.9% | |
| Net Profit Margin | -53.7% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| 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 Inavate Medical Private Limited, buy the company report.
Board of directors of Inavate Medical Private Limited
Inavate Medical has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raja Also directs: Clearcode Labs Private Limited, MMC Innovations Private Limited, Engen Consulting & Business Solutions Private Limited and 1 more | Director | 20 Jul 2021 | 5 Years 3 Months | Current |
| Sebastian Vallikunnel Joseph | Managing Director | 20 Jul 2021 | 5 Years 3 Months | Current |
Charges & borrowings
Open charges
₹50 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jan 2023 | 100703748 | Others | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Inavate Medical 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
No delayed payments to MSME suppliers are on our record for Inavate Medical Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Inavate Medical Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Inavate Medical Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Raja was appointed as Director on 20 Jul 2021.
AGM
Inavate Medical Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Inavate Medical Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100703748 was registered on 21 Jan 2023.
Appointed
Raja was appointed as Director.
Appointed
Sebastian Vallikunnel Joseph was appointed as Managing Director.
Incorporation
20 Jul 2021
Inavate Medical Private Limited was registered on 20 Jul 2021 with Roc Bangalore & aged 5 years 3 months as per MCA records.
Frequently asked questions
Inavate Medical is an active private limited company based in Bengaluru, Karnataka, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 20 July 2021 (5+ years old) and is registered under CIN U33309KA2021PTC149700.
Inavate Medical has 2 current directors:
- Sebastian Vallikunnel Joseph - Managing Director
- Raja - Director
The latest financial statements of Inavate Medical on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Inavate Medical is U33309KA2021PTC149700. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Inavate Medical was incorporated on 20 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Raja was appointed as Director on 20 Jul 2021. Sebastian Vallikunnel Joseph was appointed as Managing Director on 20 Jul 2021.
Yes, Inavate Medical is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Inavate Medical is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0233657).
The registered office of Inavate Medical is at 152E 4th Main Bikasipura, Bengaluru, Karnataka, India – 560078.
Inavate Medical operates in the healthcare industry, in the medical equipment retail and distribution segment.