Ivcaare Medicity Private Limited
About Ivcaare Medicity Private Limited
Data last updated:
Ivcaare Medicity Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the preventive healthcare segment of the healthcare sector. It was incorporated on 05 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U85300TZ2018PTC031318. Its GSTIN is 33AAFCI0889P1Z0 (Tamil Nadu).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹15.4 Lakh. It is led by directors including Balan Rathika (Managing Director) and Ragan Rama Ravindra Kumar.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at D.No:1/1 Aerodram Road Singanallur, Coimbatore, Tamil Nadu, India – 641005.
As per the financials filed for FY 2020, the company reported a revenue of ₹85.99 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹10.06 Lakh (net margin 11.7%) and EBITDA of ₹14.86 Lakh (EBITDA margin 17.3%).
The company is associated with 1 brand: I V CAARE Eye Hospital. Court records list 9 cases involving the company, including 4 filed by the company and 5 filed against it; 1 case is pending.
Company details
Contact details
Ivcaare Medicity Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD.No:1/1 Aerodram Road Singanallur, Coimbatore, Tamil Nadu, India – 641005
- IndustryHealthcare, Preventive Health Services
To see the full contact details of Ivcaare Medicity 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
Brands
Ivcaare Medicity operates one associated brand: I V CAARE Eye Hospital. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Standalone eye care hospital | ivcaareeye.com |
Business activity
The main business activity of Ivcaare Medicity 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 Ivcaare Medicity Private Limited, buy the company report.
Financials of Ivcaare Medicity Private Limited
FY 2020 filings availableIvcaare Medicity Private Limited reported revenue of ₹85.99 Lakh (up 891% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 891% in the latest year. EBITDA rose 846% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹85.99 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹14.86 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹10.06 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 2019-20 | FY 2018-19 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 17.3% | |
| Net Profit Margin | 11.7% | |
| 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 Ivcaare Medicity Private Limited, buy the company report.
Board of directors of Ivcaare Medicity Private Limited
Ivcaare Medicity has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ragan Rama Ravindra Kumar | Director | 17 Mar 2023 | 3 Years 7 Months | Current |
| Sridevi Subramani | Director | 05 Dec 2018 | 7 Years 10 Months | Current |
| Balan Rathika | Managing Director | 15 Dec 2022 | 3 Years 10 Months | Current |
Peer comparison
Ivcaare Medicity Private Limited is compared with the 4 companies closest to it by revenue in the Healthcare industry (Preventive Healthcare Services), with the same principal business activity (other hospital and medical care activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SPHC Private Limited | ₹86.46 Lakh (FY 2025) | -13.0% | Patna, Bihar, India | |||
| Madyoasis Medical Services Private Limited | ₹86.07 Lakh (FY 2024) | -51.0% | Pune, Maharashtra, India | |||
| Ivcaare Medicity Private Limitedthis company | ₹85.99 Lakh (FY 2020) | ₹10.06 Lakh | 11.7% | 891.0% | Coimbatore, Tamil Nadu, India | |
| Oncorn Medcorp Private Limited | ₹85.6 Lakh (FY 2022) | -46.0% | Bangalore, Karnataka, India | |||
| Genlabs Healthcare Private Limited | ₹85.59 Lakh (FY 2025) | -23.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Ivcaare Medicity Private Limited, buy the company report.
Auditor
Ivcaare Medicity Private Limited is audited by K S P V & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K S P V & CO | FY 2020 | 015520S |
Shareholding
The shareholding of Ivcaare Medicity Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ivcaare Medicity Private Limited, buy the company report.
Legal cases
Ivcaare Medicity Private Limited has 9 court cases on record: 4 filed by Ivcaare Medicity, 5 filed against it. 1 case is pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 5 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed against the company by M/S. Biotech Vision Care Pvt Ltd Through Its Authorise Person Kuntal S. Makim | Pending |
| District court, Kanniyakumari, Tamil Nadu | Criminal miscellaneous application | Filed against the company by M/S.Eyeworld Internation Rep by M.Rengarajan | Disposed |
| District court, Coimbatore, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| District court, Coimbatore, Tamil Nadu | Civil suit | Filed against the company by an individual | Disposed |
| District court, Coimbatore, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
To see the full case history of Ivcaare Medicity 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ivcaare Medicity Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ivcaare Medicity Private Limited has 1 active EPFO establishment as of Apr 02, 2024.
GST
Ivcaare Medicity has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCI0889P1Z0 | Tamil Nadu | Active | 18 Dec 2018 |
To see the full GST registrations and return filing status of Ivcaare Medicity Private Limited, buy the company report.
Recent activity
Ivcaare Medicity Private Limited has 8 board changes on record since 2018: 3 appointments and 5 cessations. The latest: Balan Rathika ceased to be Director on 06 Apr 2023.
Frequently asked questions
Ivcaare Medicity is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in preventive health services, within the healthcare industry. It was incorporated on 05 December 2018 (8+ years old) and is registered under CIN U85300TZ2018PTC031318.
Ivcaare Medicity has 3 current directors:
- Balan Rathika - Managing Director
- Ragan Rama Ravindra Kumar - Director
- Sridevi Subramani - Director
The latest financial statements of Ivcaare Medicity on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Ivcaare Medicity is 33AAFCI0889P1Z0, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Ivcaare Medicity is U85300TZ2018PTC031318. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ivcaare Medicity has 9 court cases on record: 4 filed by the company and 5 filed against it. 1 is pending.
Ivcaare Medicity was incorporated on 05 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Ivcaare Medicity by revenue are SPHC Private Limited, Madyoasis Medical Services Private Limited, Oncorn Medcorp Private Limited, Genlabs Healthcare Private Limited, all in the Healthcare industry (Preventive Healthcare Services), with the same principal business activity (other hospital and medical care activities).
Balan Rathika ceased to be Director on 06 Apr 2023. Mithun Kalluthara Mathew ceased to be Director on 30 Mar 2023. Balu ceased to be Additional Director on 17 Mar 2023. Ivcaare Medicity has 8 board changes on record in total.
The registered office of Ivcaare Medicity is at D.No:11 Aerodram Road Singanallur, Coimbatore, Tamil Nadu, India – 641005.
Ivcaare Medicity operates in the healthcare industry, in the preventive health services segment.
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