Manipal Hospitals Synergie Private Limited

Manipal Hospitals Synergie Private Limited - healthcare in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN U74140WB2003PTC121076 Incorporated 25 March 2003 ROC Kolkata HQ Kolkata, West Bengal, India
Active Private Limited Company healthcare
Revenue · FY 2025
₹13.62 Cr
▲ 5% YoY
Net profit · FY 2025
₹2.51 Cr
Net margin 18.4%
EBITDA · FY 2025
₹82.45 Cr
Latest filing
Authorised capital
₹205 Cr
Registered with MCA
Paid-up capital
₹178.51 Cr
Issued & subscribed
Open charges
₹205 Cr
Satisfied ₹367.14 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
2
Provident fund records

About Manipal Hospitals Synergie Private Limited

Data last updated:

Manipal Hospitals Synergie Private Limited is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Polaris Healthcare Investments Pte. Ltd. It operates in the hospital and clinical services segment of the healthcare sector. It was incorporated on 25 March 2003 and has been in existence for over 23 years.

Its director Gaurav Swarup is #224 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74140WB2003PTC121076. Its GSTIN is 19AADCM5753A1ZM (West Bengal). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹205 Cr and a paid-up capital of ₹178.51 Cr. It was formerly known as Medica Synergie Private Limited. It is led by directors including Hebri Sudarshan Ballal and Sameer Agarwal.

Its last annual general meeting (AGM) was held on 11 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 127 Mukundapur E.M. Bypass P.S. – Purba Jadavpur, Kolkata, West Bengal, India – 700099.

As per the financials filed for FY 2025, the company reported a revenue of ₹13.62 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹2.51 Cr (net margin 18.4%) and EBITDA of ₹82.45 Cr. Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 7% over five years.

The company has about 2 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries and 1 joint venture.

The company is associated with 4 brands: Medica Cancer Hospital, MEDICA Superspecialty Hospital, Medica North Bengal Clinic and Medica Synergie. As per MCA filings, the company has open charges of ₹205 Cr and satisfied charges of ₹367.14 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 33 deals on record (20 funding rounds, 11 secondary share transfers, 1 acquisition), with disclosed funding of ₹340.77 Cr; the latest was in April 2024. The company has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 3 overdue payments to 1 micro and small supplier.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website medicahospitals.in.

Company details

CIN U74140WB2003PTC121076
Registration Number 121076
Incorporation Date 25 March 2003
ROC Kolkata
Listing Status Unlisted
Company Status Active
Parent Company Polaris Healthcare Investments Pte. Ltd
Compliance Status Active Compliant

CIN history

Manipal Hospitals Synergie has one previous CIN (Corporate Identification Number): U74140KA2003PTC031746. The current CIN is U74140WB2003PTC121076, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74140WB2003PTC121076Current
U74140KA2003PTC031746Previous
Key People
Hebri Sudarshan Ballal Director Sameer Agarwal Director Gaurav Swarup Nominee Director

Recognitions & Rankings of Manipal Hospitals Synergie

India's Richest People 2026 edition · 1 director · Source: Hurun India

Contact details

Manipal Hospitals Synergie Private Limited's registered office is in Kolkata, West Bengal. Its website is medicahospitals.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    medicahospitals.in
  • Social Media
  • Apps
  • Registered Address
    127 Mukundapur E.M. Bypass P.S. – Purba Jadavpur, Kolkata, West Bengal, India – 700099
  • Industry
    Healthcare, Hospitals

To see the full contact details of Manipal Hospitals Synergie Private Limited, buy the company report.

Comprehensive company report
Manipal Hospitals Synergie 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
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Brands

Manipal Hospitals Synergie operates multiple associated brands including Medica Cancer Hospital, MEDICA Superspecialty Hospital, and Medica North Bengal Clinic. Each brand links to its own profile.

BrandDescriptionWebsite
Medica Cancer Hospital
Healthcare services are offered by Manipal Hospitals, focusing on medical treatments and patient care across India.medicacancerhospital.in
MEDICA Superspecialty Hospital
Chain multispeciality secondary and tertiary care hospitalmedicahospitals.in
Medica North Bengal Clinic
Healthcare services encompassing hospital operations and diagnostic support are delivered by Manipal Hospitals across India.medicanorthbengalclinic.com
Medica Synergie
Limited information availablemedicasynergie.in

Business activity

The main business activity of Manipal Hospitals Synergie is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, scientific and technical activities74Other professional, scientific and technical activities

To see the full business activity and turnover split of Manipal Hospitals Synergie Private Limited, buy the company report.

Financials of Manipal Hospitals Synergie Private Limited

FY 2025 filings available

Manipal Hospitals Synergie Private Limited reported revenue of ₹13.62 Cr (up 5% YoY) for FY 2025.

Revenue · FY 2025
₹13.62 Cr ▲ 5%
Net profit · FY 2025
₹2.51 Cr margin 18.4%
EBITDA · FY 2025
₹82.45 Cr

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 5%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 21%
3 years · compounded
▲ 22%
5 years · compounded
▲ 11%

Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 5% growth in the latest year. EBITDA fell 21% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹13.62 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹82.45 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.51 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin
Net Profit Margin18.4%
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 Manipal Hospitals Synergie Private Limited, buy the company report.

Board of directors of Manipal Hospitals Synergie Private Limited

Manipal Hospitals Synergie has 4 current directors and 28 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Hebri Sudarshan Ballal
Also directs: Manipal Health Enterprises Limited, Manipal Hospitals Eastern India Private Limited, Stempeutics Research Private Limited and 5 more
Director01 Jul 20242 Years 4 MonthsCurrent
Sameer Agarwal
Also directs: Manipal Health Enterprises Limited, Manipal Hospitals Eastern India Private Limited, Saideep Healthcare and Research Private Limited and 5 more
Director01 Jul 20242 Years 4 MonthsCurrent
Gaurav Swarup
Also directs: Avadh Sugar & Energy Limited, Swadeshi Polytex Ltd, KSB Limited and 5 more
Nominee Director25 Jun 201016 Years 4 MonthsCurrent
Karthik Rajagopal
Also directs: Manipal Hospitals Eastern India Private Limited, Saideep Healthcare and Research Private Limited, Manipal Hospitals Private Limited and 5 more
Director01 Jul 20242 Years 4 MonthsCurrent
View all directors

Auditor

Manipal Hospitals Synergie Private Limited is audited by B S R & Co. LLP for the financial year 2025.

Auditor firmFinancial yearFirm registration number
B S R & Co. LLPFY 2025101248W/W-100022

Shareholding

The shareholding of Manipal Hospitals Synergie Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2025FY 2024FY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Manipal Hospitals Synergie Private Limited, buy the company report.

Charges & borrowings

Open charges
₹205 Cr
Satisfied charges
₹367.14 Cr
Breakdown by lending institutions
Others₹205.00 Cr
Yes Bank Limited₹95.00 Cr
State Bank of India₹59.00 Cr
United Bank of India₹5.00 Cr
Canara Bank₹2.55 Cr
Others₹0.59 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Feb 2022100545396Others₹120 CrSatisfied
17 Feb 2022100545402Others₹16 CrSatisfied
17 Feb 2022100545405Others₹26 CrSatisfied
17 Feb 2022100545409Others₹43 CrSatisfied
22 Sep 201410524380Yes Bank Limited₹95 CrSatisfied

To see the full charge records of Manipal Hospitals Synergie Private Limited, buy the company report.

Total charge records: 12 View all charges

Deals & funding

Manipal Hospitals Synergie Private Limited has 33 deals on record (20 funding rounds, 11 secondary share transfers, 1 acquisition), with disclosed funding of ₹340.77 Cr; the latest was in April 2024.

Total deals
33
Funding rounds
20
Secondary share transfers
11
Acquisition
1
Convertible or debt financing
1
Disclosed funding
₹340.77 Cr

Deals on record (5 of 33)

WhenDealAmountParties
Apr 2024Acquisition₹1,400 CrBuyer: Manipal Health Enterprises Limited
Nov 2021Funding round₹114.1 CrInvestors: Polaries Healthcare Investments Pte Limited
Feb 2013Funding round₹8.23 CrInvestors: Icici Venture, Paharpur Cooling Towers Ltd , 2 individuals
Mar 2011Funding round₹46.94 CrInvestors: Icici Venture, Paharpur Cooling Towers Ltd , 2 individuals
Mar 2010Funding round₹30.57 CrInvestors: Icici Venture, Paharpur Cooling Towers Ltd , an individual

To see the full deal history of Manipal Hospitals Synergie Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Manipal Hospitals Synergie Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 3 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (1 of 1)

SupplierAmount dueDue sinceReported on
Ovaron Infrastucture & Mep Services

To see the full MSME payment records of Manipal Hospitals Synergie Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Manipal Hospitals Synergie has 2 subsidiary companies and 1 joint venture. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

2
Subsidiary companies
1
Joint ventures
Key subsidiaries
Company NameCINShares held
Medica Hospitals Private LimitedU45200WB2007PTC112554
North Bengal Clinic Pvt LtdU85110WB1993PTC060388

To see the full group structure of Manipal Hospitals Synergie Private Limited, buy the company report.

GST

Manipal Hospitals Synergie has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
19AADCM5753A1ZMWest BengalActive01 Jul 2017
21AADCM5753A1Z1OdishaActive25 Jul 2017

To see the full GST registrations and return filing status of Manipal Hospitals Synergie Private Limited, buy the company report.

Recent activity

Manipal Hospitals Synergie Private Limited has 32 board changes on record since 2007: 4 appointments and 28 cessations. The latest: Manoj Kumar Bathwal ceased to be Company Secretary on 28 Oct 2024.

AGM
Manipal Hospitals Synergie Private Limited last Annual general meeting of members was held on 11 Jul 2025 as per latest MCA records.
Charges
A charge registered on 17 Feb 2022 via Charge ID 100545396 with Others was fully satisfied on 18 Jun 2025.
Charges
A charge registered on 17 Feb 2022 via Charge ID 100545402 with Others was fully satisfied on 18 Jun 2025.
Charges
A charge registered on 17 Feb 2022 via Charge ID 100545405 with Others was fully satisfied on 18 Jun 2025.
Charges
A charge registered on 17 Feb 2022 via Charge ID 100545409 with Others was fully satisfied on 18 Jun 2025.
Filing
Manipal Hospitals Synergie Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata.
Ceased
Manoj Kumar Bathwal ceased to be Company Secretary.
Ceased
Hebri Sudarshan Ballal ceased to be Additional Director.
Ceased
Karthik Rajagopal ceased to be Additional Director.
Ceased
Sameer Agarwal ceased to be Additional Director.
Appointed
Hebri Sudarshan Ballal was appointed as Director.
Appointed
Karthik Rajagopal was appointed as Director.

48 earlier events are in the company report.

News

Medica Hospital bags cleanliness Award by GoI
14 Oct 2019 · Business-Standard

Frequently asked questions

Manipal Hospitals Synergie is an active private limited company based in Kolkata, West Bengal, India. The company works in hospitals, within the healthcare industry. It was incorporated on 25 March 2003 (23+ years old) and is registered under CIN U74140WB2003PTC121076.

Manipal Hospitals Synergie has 4 current directors:

The latest financial statements of Manipal Hospitals Synergie on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 11 July 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Manipal Hospitals Synergie is 19AADCM5753A1ZM, registered in West Bengal. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 21AADCM5753A1Z1 (Odisha).

The CIN (Corporate Identification Number) of Manipal Hospitals Synergie is U74140WB2003PTC121076. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Manipal Hospitals Synergie has 1 court case on record: 1 filed by the company.

Manipal Hospitals Synergie was incorporated on 25 March 2003, making it 23+ years old. It is registered with the Registrar of Companies, Kolkata.

Manipal Hospitals Synergie has 33 deals on record (20 funding rounds, 11 secondary share transfers, 1 acquisition), with disclosed funding of ₹340.77 Cr; the latest was in April 2024.

Manoj Kumar Bathwal ceased to be Company Secretary on 28 Oct 2024. Hebri Sudarshan Ballal ceased to be Additional Director on 18 Aug 2024. Karthik Rajagopal ceased to be Additional Director on 18 Aug 2024. Manipal Hospitals Synergie has 32 board changes on record in total.

Manipal Hospitals Synergie has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 3 overdue payments to 1 micro and small supplier. The latest return was filed on 22 Oct 2023.

Manipal Hospitals Synergie can be reached through the website medicahospitals.in. Its registered office is in Kolkata, West Bengal, India.