MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-20-0002439
Innovative Medicare Technologies Private Limited
Innovative Medicare Technologies Private Limited - healthcare in Mohali, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹56.57 Cr
▼ 17% YoY
Net profit · FY 2025
₹39.12 Lakh
Net margin 0.7%
EBITDA · FY 2025
₹1.26 Cr
EBITDA margin 2.2%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹49.78 Lakh
Issued & subscribed
Open charges
₹14.55 Cr
Satisfied ₹29.46 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
13
Provident fund records
About Innovative Medicare Technologies Private Limited
Data last updated:
Innovative Medicare Technologies Private Limited is a private limited company based in Mohali, Punjab, India. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 11 June 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U33111PB1999PTC052395. Its GSTIN is 03AAACI6383F1ZS (Punjab). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹49.78 Lakh. It is led by directors including Ajay Kumar Jain and Jaspal Singh.
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 F. No – 469 Ph – 8 Sas Nagar Indl Area, Mohali, Punjab, India – 160071.
As per the financials filed for FY 2025, the company reported a revenue of ₹56.57 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹39.12 Lakh (net margin 0.7%) and EBITDA of ₹1.26 Cr (EBITDA margin 2.2%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹14.55 Cr and satisfied charges of ₹29.46 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Innovative Medicare Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-20-0002439). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U33111PB1999PTC052395
Registration Number 052395
Incorporation Date 11 June 1999
ROC Chandigarh
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 Small
Udyam Registration UDYAM-PB-20-0002439
CIN history
Innovative Medicare Technologies has one previous CIN (Corporate Identification Number): U33111CH1999PTC022675. The current CIN is U33111PB1999PTC052395, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U33111PB1999PTC052395 | Current |
| U33111CH1999PTC022675 | Previous |
Recognitions & Rankings of Innovative Medicare Technologies
Contact details
Innovative Medicare Technologies Private Limited's registered office is in Mohali, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressF. No – 469 Ph – 8 Sas Nagar Indl Area, Mohali, Punjab, India – 160071
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of Innovative Medicare Technologies Private Limited, buy the company report.
Comprehensive company report
Innovative Medicare Technologies 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 Innovative Medicare Technologies 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 Innovative Medicare Technologies Private Limited, buy the company report.
Financials of Innovative Medicare Technologies Private Limited
FY 2025 filings availableInnovative Medicare Technologies Private Limited reported revenue of ₹56.57 Cr (down 17% YoY) for FY 2025.
Revenue · FY 2025
₹56.57 Cr ▼ 17%
Net profit · FY 2025
₹39.12 Lakh margin 0.7%
EBITDA · FY 2025
₹1.26 Cr margin 2.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▼ 32%
EBITDA CAGR growth
1 year
▼ 64%
3 years · compounded
▼ 59%
5 years · compounded
▼ 33%
Revenue has declined at a compounded annual rate (CAGR) of 32% over three years, including a 17% fall in the latest year. EBITDA fell 64% 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 | ₹1.26 Cr | ||||
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| Net Profit (PAT) | ₹39.12 Lakh | ||||
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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 | 2.2% | ||||
| Net Profit Margin | 0.7% | ||||
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To see the full financial statements and ratios of Innovative Medicare Technologies Private Limited, buy the company report.
Board of directors of Innovative Medicare Technologies Private Limited
Innovative Medicare Technologies has 3 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 |
|---|---|---|---|---|
| Ajay Kumar Jain | Director | 12 Jul 2010 | 16 Years 3 Months | Current |
| Jaspal Singh | Director | 11 Jun 1999 | 27 Years 4 Months | Current |
| Tarun Sethi | Director | 11 Jun 1999 | 27 Years 4 Months | Current |
Auditor
Innovative Medicare Technologies Private Limited is audited by M.S. MOHINDROO & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.S. MOHINDROO & ASSOCIATES | FY 2023 | 014458N |
Shareholding
The shareholding of Innovative Medicare Technologies 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 Innovative Medicare Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹14.55 Cr
Satisfied charges
₹29.46 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Nov 2022 | 100653241 | Others | ₹65 Lakh | Open | |
| 24 May 2022 | 100586043 | Others | ₹50 Lakh | Open | |
| 03 Jan 2022 | 100527601 | Others | ₹40 Lakh | Open | |
| 06 May 2011 | 10288869 | Others | ₹13 Cr | Open | |
| 23 Jun 2021 | 100463585 | Others | ₹7 Cr | Satisfied |
To see the full charge records of Innovative Medicare Technologies Private Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
Innovative Medicare Technologies Private Limited has 1 court case on record: 1 filed by Innovative Medicare Technologies. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, CHANDIGARH (UT) | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Innovative Medicare Technologies 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.
Credit ratings & regulatory alerts
Innovative Medicare Technologies Private Limited was last rated by Crisil on 27 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 27 Nov 2020 |
To see the full credit ratings and regulatory alerts of Innovative Medicare Technologies Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Innovative Medicare Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Innovative Medicare Technologies Private Limited has a workforce of 13 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
13
Active EPFO establishments
1
Employee growth
-27.78%
GST
Innovative Medicare Technologies has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACI6383F1ZS | Punjab | Active | 16 Feb 2018 |
To see the full GST registrations and return filing status of Innovative Medicare Technologies Private Limited, buy the company report.
Recent activity
Innovative Medicare Technologies Private Limited has 4 board changes on record since 1999: 3 appointments and 1 cessation. The latest: Ajay Kumar Jain ceased to be Additional Director on 30 Sep 2010.
AGM
Innovative Medicare Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Innovative Medicare Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge registered on 23 Jun 2021 via Charge ID 100463585 with Others was fully satisfied on 20 Nov 2024.
Charges
A charge registered on 09 Nov 2011 via Charge ID 10319697 with The Federal Bank Limited was fully satisfied on 20 Nov 2024.
Charges
A charge registered on 14 Oct 2011 via Charge ID 10319696 with The Federal Bank Limited was fully satisfied on 20 Nov 2024.
Charges
A charge registered on 08 Feb 2010 via Charge ID 10204670 with Federal Bank Limited was fully satisfied on 20 Nov 2024.
Charges
A charge registered on 10 Mar 2007 via Charge ID 10048904 with The Federal Bank Limited was fully satisfied on 20 Nov 2024.
Charges
A charge registered on 08 Jun 2004 via Charge ID 90385291 with The Federal Bank Ltd. was fully satisfied on 20 Nov 2024.
Charges
A charge registered on 12 Sep 2001 via Charge ID 90385278 with The Federal Bank Ltd. was fully satisfied on 20 Nov 2024.
Charges
A charge registered on 12 Sep 2001 via Charge ID 90385282 with The Federal Bank Ltd. was fully satisfied on 20 Nov 2024.
Charges
A charge with Others of Rs. 1,300.00 Lakh registered on 06 May 2011 with Charge ID 10288869 was modified on 20 Apr 2024.
Charges
A charge with Others amounted to Rs. 65.00 Lakh with Charge ID 100653241 was registered on 22 Nov 2022.
25 earlier events are in the company report.
Frequently asked questions
Innovative Medicare Technologies is an active private limited company based in Mohali, Punjab, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 11 June 1999 (27+ years old) and is registered under CIN U33111PB1999PTC052395.
Innovative Medicare Technologies has 3 current directors:
- Ajay Kumar Jain - Director
- Jaspal Singh - Director
- Tarun Sethi - Director
The latest financial statements of Innovative Medicare Technologies 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 Innovative Medicare Technologies is 03AAACI6383F1ZS, registered in Punjab. 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 Innovative Medicare Technologies is U33111PB1999PTC052395. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Medicare Technologies has 1 court case on record: 1 filed by the company.
Innovative Medicare Technologies was incorporated on 11 June 1999, making it 27+ years old. It is registered with the Registrar of Companies, Chandigarh.
Ajay Kumar Jain ceased to be Additional Director on 30 Sep 2010. Ajay Kumar Jain was appointed as Director on 12 Jul 2010. Jaspal Singh was appointed as Director on 11 Jun 1999. Innovative Medicare Technologies has 4 board changes on record in total.
Yes, Innovative Medicare Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-PB-20-0002439).
The registered office of Innovative Medicare Technologies is at F. No – 469 Ph – 8 Sas Nagar Indl Area, Mohali, Punjab, India – 160071.