About Iris Medical Solutions Private Limited
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Iris Medical Solutions Private Limited is a private limited company based in Kochi, Kerala, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 25 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2005PTC018568. Its GSTIN is 32AABCI4960K1ZK (Kerala). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Chemparathy Vince (Managing Director) and Reena Vince.
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 Kochi, Kerala.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.36 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹43.27 Lakh (net margin 12.9%) and EBITDA of ₹76.29 Lakh (EBITDA margin 22.7%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 6% over five years.
The company has about 40 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹95 Lakh and satisfied charges of ₹76 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iris-iic.com.
Company details
Contact details
Iris Medical Solutions Private Limited's registered office is in Kochi, Kerala. Its website is iris-iic.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressIris Medical Solutions Private Limited Ist Floor K R & F Square Seaport – Airp, Ort Road, Kochi, Kerala, India – 682021
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Iris Medical Solutions Private Limited, buy the company report.
- 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
Business activity
The main business activity of Iris Medical Solutions is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Iris Medical Solutions Private Limited, buy the company report.
Financials of Iris Medical Solutions Private Limited
FY 2024 filings availableIris Medical Solutions Private Limited reported revenue of ₹3.36 Cr (down 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA rose 23% 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 | ₹76.29 Lakh | ||||
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| Net Profit (PAT) | ₹43.27 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 22.7% | ||||
| Net Profit Margin | 12.9% | ||||
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To see the full financial statements and ratios of Iris Medical Solutions Private Limited, buy the company report.
Board of directors of Iris Medical Solutions Private Limited
Iris Medical Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chemparathy Vince | Managing Director | 25 Aug 2005 | 21 Years 1 Months | Current |
| Reena Vince | Director | 09 Jan 2017 | 9 Years 9 Months | Current |
Auditor
Iris Medical Solutions Private Limited is audited by AKV AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AKV AND ASSOCIATES | FY 2023 | 014065S |
Shareholding
The shareholding of Iris Medical Solutions 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 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Iris Medical Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Sep 2024 | 100988478 | Others | ₹20 Lakh | Open | |
| 12 Mar 2024 | 100920227 | Others | ₹15 Lakh | Open | |
| 18 Aug 2021 | 100473688 | Others | ₹60 Lakh | Open | |
| 28 Oct 2015 | 10603558 | The South Indian Bank Limited | ₹27 Lakh | Satisfied | |
| 26 Feb 2014 | 10501227 | The Federal Bank Limited | ₹12 Lakh | Satisfied |
To see the full charge records of Iris Medical Solutions Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
No court or tribunal cases involving Iris Medical Solutions 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 Iris Medical Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Iris Medical Solutions Private Limited has a workforce of 40 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Iris Medical Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCI4960K1ZK | Kerala | Active | 31 Aug 2017 |
| 32AABCI4960K2ZJ | Kerala | Active | 16 Sep 2020 |
To see the full GST registrations and return filing status of Iris Medical Solutions Private Limited, buy the company report.
Recent activity
Iris Medical Solutions Private Limited has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Reena Vince ceased to be Additional Director on 30 Sep 2017.
8 earlier events are in the company report.
Frequently asked questions
Iris Medical Solutions is an active private limited company based in Kochi, Kerala, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 25 August 2005 (21+ years old) and is registered under CIN U72200KL2005PTC018568.
Iris Medical Solutions has 2 current directors:
- Chemparathy Vince - Managing Director
- Reena Vince - Director
The latest financial statements of Iris Medical Solutions 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 2015 are in the company report.
The GSTIN of Iris Medical Solutions is 32AABCI4960K1ZK, registered in Kerala. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AABCI4960K2ZJ (Kerala).
The CIN (Corporate Identification Number) of Iris Medical Solutions is U72200KL2005PTC018568. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iris Medical Solutions was incorporated on 25 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ernakulam.
Reena Vince ceased to be Additional Director on 30 Sep 2017. Chemparathy Joseph Mathew ceased to be Director on 09 Jan 2017. Reena Vince was appointed as Director on 09 Jan 2017. Iris Medical Solutions has 4 board changes on record in total.
Iris Medical Solutions can be reached through the website iris-iic.com. Its registered office is in Kochi, Kerala, India.
The registered office of Iris Medical Solutions is at Iris Medical Solutions Ist Floor K R & F Square Seaport – Airp, Ort Road, Kochi, Kerala, India – 682021.
Iris Medical Solutions operates in the information technology industry, in the application development and software solutions segment.