Medicare Services (India) Private Ltd.
About Medicare Services (India) Private Ltd.
Data last updated:
Medicare Services (India) Private Ltd. is a private limited company based in Kolkata, West Bengal, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the insurance brokerage and advisory segment of the financial services sector. It was incorporated on 09 February 1989.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U66010WB1989PTC046197. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹52.6 Lakh. It was formerly known as Medicare Services (India) Ltd. It is led by directors Sangram Keshari Das and Bireshwar Maitra.
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 Paul Mansion6B Bishop Leffroy Rd Ground Flr, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2019, the company reported a revenue of ₹46,400, a growth of 36% compared to the previous year. For the same year it recorded a net loss of ₹5,318 (net margin -11.5%) and EBITDA of -₹5,300 (EBITDA margin -11.4%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 59% over five years.
As per MCA filings, the company has open charges of ₹11.03 Lakh on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 1 case is pending.
Company details
CIN history
Medicare Services (India) has one previous CIN (Corporate Identification Number): U66010WB1989PLC046197. The current CIN is U66010WB1989PTC046197, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U66010WB1989PTC046197 | Current |
| U66010WB1989PLC046197 | Previous |
Contact details
Medicare Services (India) Private Ltd.'s registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered AddressPaul Mansion6B Bishop Leffroy Rd Ground Flr, Kolkata, West Bengal, India – 700020
- IndustryFinancial Services, Insurance Brokerage & Advisory
To see the full contact details of Medicare Services (India) Private Ltd., 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
Financials of Medicare Services (India) Private Ltd.
FY 2024 filings availableMedicare Services (India) Private Ltd. reported revenue of ₹46,400 (up 36% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 36% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 59%. 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹46,400 | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹5,300 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5,318 | ||||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.4% | ||||
| Net Profit Margin | -11.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Medicare Services (India) Private Ltd., buy the company report.
Board of directors of Medicare Services (India) Private Ltd.
Medicare Services (India) has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sangram Keshari Das Also directs: Affordable Health Services Private Limited | Director | 03 Oct 2022 | 4 Years 1 Months | As last reported |
| Bireshwar Maitra Also directs: Affordable Health Services Private Limited | Director | 27 Jun 2019 | 7 Years 4 Months | As last reported |
Auditor
Medicare Services (India) Private Ltd. is audited by SOUMYA DUTTA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SOUMYA DUTTA & ASSOCIATES | FY 2019 | 322220E |
Shareholding
The shareholding of Medicare Services (India) Private Ltd. is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Medicare Services (India) Private Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Dec 2003 | 90254277 | Icici Bank Ltd. | ₹11.03 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Medicare Services (India) Private Ltd. has 6 court cases on record: 5 filed by Medicare Services (India), 1 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 1 | 1 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against Ms Proasia Infrastructure Pvt Ltd | Disposed |
| High Court | Civil suit | Filed by the company against Reliance Infochem Ltd. | Pending |
| High Court | Court case (APO) | Filed against the company by Commissioner of Service Tax, Kolkata | Disposed |
| High Court | Writ petition | Filed by the company against an individual | Disposed |
| High Court | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Medicare Services (India) Private Ltd., 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 Medicare Services (India) Private Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Medicare Services (India) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Medicare Services (India) Private Ltd., buy the company report.
Recent activity
Medicare Services (India) Private Ltd. has 8 board changes on record since 2011: 2 appointments and 6 cessations. The latest: Narottam Barik ceased to be Director on 07 Oct 2022.
Frequently asked questions
Medicare Services (India) is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Medicare Services (India) is a company under insolvency, formerly operating as a private limited company based in Kolkata, West Bengal, India. The company works in insurance brokerage and advisory, within the financial services industry. It was incorporated on 09 February 1989 and is registered under CIN U66010WB1989PTC046197. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Medicare Services (India) has 2 current directors:
- Sangram Keshari Das - Director
- Bireshwar Maitra - Director
The latest financial statements of Medicare Services (India) 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 CIN (Corporate Identification Number) of Medicare Services (India) is U66010WB1989PTC046197. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Medicare Services (India) has open charges of ₹11.03 Lakh and no satisfied charges on record as per latest MCA filings.
Medicare Services (India) has 6 court cases on record: 5 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Medicare Services (India) was incorporated on 09 February 1989. It is registered with the Registrar of Companies, Kolkata.
Narottam Barik ceased to be Director on 07 Oct 2022. Sangram Keshari Das was appointed as Director on 03 Oct 2022. Neelakshi Ray ceased to be Director on 05 Jul 2019. Medicare Services (India) has 8 board changes on record in total.
The registered office of Medicare Services (India) is at Paul Mansion6B Bishop Leffroy Rd Ground Flr, Kolkata, West Bengal, India – 700020.
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