About Medha Innovation and Development Private Limited
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Medha Innovation and Development Private Limited is a private limited company based in Indore, Madhya Pradesh, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 30 September 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72300MP2015PTC034761.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Amogh Bhatnagar and Kirti Bhatnagar.
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 Indore, Madhya Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.53 Lakh, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹2.09 Lakh (net margin 15.5%) and EBITDA of ₹2.99 Lakh (EBITDA margin 22.1%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 8% over five years.
The company is associated with 2 brands: Medha Innovation and Development and Medha Innovation. As per MCA filings, the company has open charges of ₹18.5 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 medhaid.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address402 Govindum Apartment Lalaramnagar, Geetabhawan Square, Indore, Madhya Pradesh, India – 452001
- IndustryInformation Technology, IT Consulting & Support Services, Application Development & Software Solutions
- 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
Business Activity of Medha Innovation and Development Private Limited
The main business activity of Medha Innovation and Development is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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.
Financials of Medha Innovation and Development Private Limited FY 2025 filings available
Medha Innovation and Development Private Limited reported revenue of ₹13.53 Lakh (down 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Medha Innovation and Development Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 30% fall 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 Medha Innovation and Development Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹2.99 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.09 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 of Medha Innovation and Development Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 15.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Medha Innovation and Development 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.
Peer Comparison of Medha Innovation and Development Private Limited
Medha Innovation and Development Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Skyq Tech Private Limited | ₹13.54 Lakh (FY 2025) | •••• | •••• | -20.0% | •••• | Panvel, Maharashtra, India |
| Upsert Technologies Private Limited | ₹13.54 Lakh (FY 2018) | •••• | •••• | 57.0% | •••• | Pune, Maharashtra, India |
| Itechxpression Private Limited | ₹13.54 Lakh (FY 2024) | •••• | •••• | -70.0% | •••• | Surat, Gujarat, India |
| Xyvin Technologies Private Limited | ₹13.54 Lakh (FY 2025) | •••• | •••• | 652.0% | •••• | Ernakulam, Kerala, India |
| Pentacomp IT Systems India Private Limited | ₹13.53 Lakh (FY 2024) | •••• | •••• | -83.0% | •••• | Delhi, India |
| Medha Innovation and Development Private Limited this company | ₹13.53 Lakh (FY 2024) | •••• | •••• | -30.0% | •••• | Indore, Madhya Pradesh, India |
| Protek and Efficacy IT Solutions Private Limited | ₹13.53 Lakh (FY 2025) | •••• | •••• | -33.0% | •••• | Jangaon, Telangana, India |
| Ssalytics Technologies Private Limited | ₹13.53 Lakh (FY 2023) | •••• | •••• | •••• | Thane, Maharashtra, India | |
| Ferrytech Intermesh Private Limited | ₹13.53 Lakh (FY 2025) | •••• | •••• | 78.0% | •••• | Tirurangadi, Kerala, India |
| Bis365 India Private Limited | ₹13.52 Lakh (FY 2020) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| B Placed Consulting Private Limited | ₹13.52 Lakh (FY 2025) | •••• | •••• | -45.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Medha Innovation and Development by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Medha Innovation and Development Private Limited
Medha Innovation and Development Private Limited is audited by J K J & ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J K J & ASSOCIATES | 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 Medha Innovation and Development Private Limited
Medha Innovation and Development has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amogh Bhatnagar | Director | 30 Sep 2015 | 11 Years 0 Months | Current |
| Kirti Bhatnagar | Director | 30 Sep 2015 | 11 Years 0 Months | Current |
| Anidhya Bhatnagar Also directs: Fintech Trainers Private Limited | Director | 30 Sep 2015 | 11 Years 0 Months | Current |
Ownership and Shareholding of Medha Innovation and Development 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 Medha Innovation and Development Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jul 2017 | Others | ₹8 Lakh | Open |
| 27 Jul 2017 | Others | ₹10.5 Lakh | Open |
Total charge records: 2 View all charges
Associated Brands with Medha Innovation and Development Private Limited
Medha Innovation and Development operates two associated brands: Medha Innovation and Development and Medha Innovation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Data technology solutions for consolidation, security, and bioinformatics are provided by Medha Innovation in India. | medhaid.co | |
| IT services suite solutions are provided by Medha Innovation. | medhaid.com |
Employees and EPFO Compliance at Medha Innovation and Development Private Limited
Employment history and EPFO contributions of people linked to Medha Innovation and Development.
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.
Recent Activity on Medha Innovation and Development Private Limited
Medha Innovation and Development Private Limited has 4 board changes on record since 2015: 3 appointments and 1 cessation. The latest: Tarun Bhatnagar ceased to be Additional Director on 21 Dec 2016.
Credit Ratings, Litigation & Regulatory Alerts for Medha Innovation and Development 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 Medha Innovation and Development 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 Medha Innovation and Development 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.
GST Compliance of Medha Innovation and Development Private Limited
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.
MCA Filings & Documents of Medha Innovation and Development 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.
Frequently Asked Questions about Medha Innovation and Development Private Limited
Medha Innovation and Development is an active private limited company based in Indore, Madhya Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 30 September 2015 (11+ years old) and is registered under CIN U72300MP2015PTC034761.
Medha Innovation and Development reported revenue of ₹13.53 Lakh for FY 2024 (down 30% YoY).
Medha Innovation and Development has 3 current directors:
- Amogh Bhatnagar - Director
- Kirti Bhatnagar - Director
- Anidhya Bhatnagar - Director
Medha Innovation and Development reported a net profit of ₹2.09 Lakh (net margin 15.5%) and EBITDA of ₹2.99 Lakh (EBITDA margin 22.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Medha Innovation and Development is -8% over three years and -8% over five years. In the latest year (FY 2024) revenue fell 30%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Medha Innovation and Development is U72300MP2015PTC034761. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Medha Innovation and Development was incorporated on 30 September 2015, making it 11+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Medha Innovation and Development by revenue are Skyq Tech Private Limited, Upsert Technologies Private Limited, Itechxpression Private Limited, Xyvin Technologies Private Limited, Pentacomp IT Systems India Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Tarun Bhatnagar ceased to be Additional Director on 21 Dec 2016. Amogh Bhatnagar was appointed as Director on 30 Sep 2015. Anidhya Bhatnagar was appointed as Director on 30 Sep 2015. Medha Innovation and Development has 4 board changes on record in total.
Yes, Medha Innovation and Development is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Medha Innovation and Development can be reached through the website medhaid.com. Its registered office is in Indore, Madhya Pradesh, India.