About Medicare Spryness (I) Private Limited
Data last updated:
Medicare Spryness (I) Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the third party admins segment of the financial services sector. It was incorporated on 07 November 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U85100WB2001PTC093905. The company has 11 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.5 Cr. It was formerly known as Medicare Wellness (India) Private Limited and Medicare T P a Services I Private Limited. It is led by directors including Sreela Ray and Oiendrila Ray.
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 6 Bishop Lefroy Roadpaul Mansion, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.36 Cr, a growth of 57% compared to the previous year. For the same year it recorded a net profit of ₹39.93 Lakh (net margin 29.4%) and EBITDA of ₹49.28 Lakh (EBITDA margin 36.2%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 40% over five years.
The company has about 399 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Medicare TPA Services. As per MCA filings, the company has open charges of ₹11 Cr and satisfied charges of ₹7.5 Cr on record. Court records list 12 cases involving the company, including 4 filed by the company and 8 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website medicaretpa.com.
Company details
Name history
Medicare Spryness (I) has undergone 9 name changes throughout its history. The current legal name is Medicare Spryness (I) Private Limited.
| Company Name | Status |
|---|---|
| Medicare Spryness (I) Private Limited | Current |
| Medicare Wellness (India) Private Limited | Previous |
| Medicare T P A Services I Private Limited | Previous |
| Medicare Spryness Private Limited | Previous |
| Medicare Wellbeing Private Limited | Previous |
| Medicare Wellness Private Limited | Previous |
| Medicare Spryness India Private Limited | Previous |
| Medicare Insurance Tpa Services (India) Private Limited | Previous |
| Medicare Insurance Tpa Services (India ) Private Limited | Previous |
| Medicare Well-Being India Private Limited | Previous |
CIN history
Medicare Spryness (I) has one previous CIN (Corporate Identification Number): U99999WB2001PTC093905. The current CIN is U85100WB2001PTC093905, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85100WB2001PTC093905 | Current |
| U99999WB2001PTC093905 | Previous |
Contact details
Medicare Spryness (I) Private Limited's registered office is in Kolkata, West Bengal. Its website is medicaretpa.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address6 Bishop Lefroy Roadpaul Mansion, Kolkata, West Bengal, India – 700020
- IndustryFinancial Services, Third Party Admins
To see the full contact details of Medicare Spryness (I) 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
Medicare Spryness (I) operates one associated brand: Medicare TPA Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Potato farming, grain marketing, and equipment services in Maine. | medicaretpa.com |
Business activity
The main business activity of Medicare Spryness (I) is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Medicare Spryness (I) Private Limited, buy the company report.
Financials of Medicare Spryness (I) Private Limited
FY 2025 filings availableMedicare Spryness (I) Private Limited reported revenue of ₹1.36 Cr (up 57% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 57% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 40%. EBITDA rose 25% 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 |
|---|---|---|---|---|---|
| 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 | ₹49.28 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹39.93 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 36.2% | ||||
| Net Profit Margin | 29.4% | ||||
| 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 Medicare Spryness (I) Private Limited, buy the company report.
Board of directors of Medicare Spryness (I) Private Limited
Medicare Spryness (I) has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sreela Ray Also directs: Ray Assets Pvt.Ltd., Track Three Leasing Pvt Ltd, United Medical Practitioners and Establishments Services Pvt. Ltd. and 3 more | Director | 06 May 2019 | 7 Years 6 Months | Current |
| Oiendrila Ray Also directs: Ray Assets Pvt.Ltd., Track Three Leasing Pvt Ltd, United Medical Practitioners and Establishments Services Pvt. Ltd. and 4 more | Director | 12 Dec 2018 | 7 Years 11 Months | Current |
| Neelakshi Ray Also directs: Ray Assets Pvt.Ltd., Track Three Leasing Pvt Ltd, United Medical Practitioners and Establishments Services Pvt. Ltd. and 5 more | Director | 06 Nov 2015 | 11 Years 0 Months | Current |
Peer comparison
Medicare Spryness (I) Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Third Party Administrators), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Focus Health Insurance (Tpa) Private Limited | ₹1.43 Cr (FY 2016) | 41.0% | Goa, India | |||
| Medicare Spryness (I) Private Limitedthis company | ₹1.36 Cr (FY 2024) | ₹39.93 Lakh | 29.4% | 57.0% | 399 | Kolkata, West Bengal, India |
| Alankit Insurance Tpa Limited | ₹1.25 Cr (FY 2024) | -10.0% | New Delhi, Delhi, India | |||
| S. Soni & Co. Insurance Surveyors & Loss Assessors Private Limited | ₹93.53 Lakh (FY 2025) | 68.0% | New Delhi, Delhi, India | |||
| Senior Insurance Surveyors and Loss Assessors Private Limited | ₹73.11 Lakh (FY 2025) | 61.0% | Uttar Pradesh, India | |||
| E Meditek Insurance Limited | ₹61.15 Lakh (FY 2025) | -87.0% | Delhi, India |
To see the full peer comparison of Medicare Spryness (I) Private Limited, buy the company report.
Auditor
Medicare Spryness (I) Private Limited is audited by BASU CHANCHANI & DEB for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BASU CHANCHANI & DEB | FY 2022 | 304049E |
Shareholding
The shareholding of Medicare Spryness (I) Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Medicare Spryness (I) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2013 | 10448956 | Hdfc Bank Limited | ₹11 Cr | Open | |
| 01 Aug 2003 | 90246096 | State Bank of India | ₹7.5 Cr | Satisfied |
To see the full charge records of Medicare Spryness (I) Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Medicare Spryness (I) Private Limited has 12 court cases on record: 4 filed by Medicare Spryness (I), 8 filed against it. 3 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 5 | 1 |
| District courts | 5 | 3 | 2 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Court case (CO) | Filed against the company by M/S Techno Bytes Information Pvt. Ltd | Pending |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by M/S Techno Bytes Information Pvt. Ltd. | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Muzaffarpur, Bihar | Civil suit | Filed against the company by M/S. Arogya Niketan Nursing Home Through Proprietor Bisheshwar Prasad | Pending |
| Patna High Court | Court case (CWJC) | Filed against the company | Disposed |
To see the full case history of Medicare Spryness (I) 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.
Credit ratings & regulatory alerts
Medicare Spryness (I) Private Limited was last rated by Crisil on 13 May 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 13 May 2021 |
To see the full credit ratings and regulatory alerts of Medicare Spryness (I) Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Medicare Spryness (I) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Medicare Spryness (I) Private Limited has a workforce of 399 employees on its EPFO records as of Jun 2018, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2018-19 | 399 |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Medicare Spryness (I) Private Limited, buy the company report.
GST
Medicare Spryness (I) has 11 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Medicare Spryness (I) Private Limited, buy the company report.
Recent activity
Medicare Spryness (I) Private Limited has 12 board changes on record since 2011: 3 appointments and 9 cessations. The latest: Oiendrila Ray ceased to be Additional Director on 30 Sep 2021.
7 earlier events are in the company report.
Frequently asked questions
Medicare Spryness (I) is an active private limited company based in Kolkata, West Bengal, India. The company works in third party admins, within the financial services industry. It was incorporated on 07 November 2001 (25+ years old) and is registered under CIN U85100WB2001PTC093905.
Medicare Spryness (I) has 3 current directors:
- Sreela Ray - Director
- Oiendrila Ray - Director
- Neelakshi Ray - Director
The latest financial statements of Medicare Spryness (I) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Medicare Spryness (I) has 11 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Medicare Spryness (I) is U85100WB2001PTC093905. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Medicare Spryness (I) has 12 court cases on record: 4 filed by the company and 8 filed against it. 3 are pending. Most are in the high courts.
Medicare Spryness (I) was incorporated on 07 November 2001, making it 25+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Medicare Spryness (I) by revenue are Focus Health Insurance (Tpa) Private Limited, Alankit Insurance Tpa Limited, S. Soni & Co. Insurance Surveyors & Loss Assessors Private Limited, Senior Insurance Surveyors and Loss Assessors Private Limited, E Meditek Insurance Limited, all in the BFSI industry (Third Party Administrators), with the same principal business activity (other financial activities).
Oiendrila Ray ceased to be Additional Director on 30 Sep 2021. Sreela Ray ceased to be Additional Director on 30 Sep 2021. Gagan Kapur ceased to be Ceo(Kmp) on 28 Aug 2021. Medicare Spryness (I) has 12 board changes on record in total.
Medicare Spryness (I) can be reached through the website medicaretpa.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Medicare Spryness (I) is at 6 Bishop Lefroy Roadpaul Mansion, Kolkata, West Bengal, India – 700020.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
