About Medicover Tech India Private Limited
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Medicover Tech India Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Abc Medicover Holdings Bv. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 12 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2018PTC122895. Its GSTIN is 36AAHCB7008F1ZV (Telangana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹51 Lakh. It was formerly known as Blue Neptun Services Private Limited. It is led by directors Neeraj Jayaswal and Mohit Gurjar.
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 Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.61 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹3.12 Cr (net margin 13.2%) and EBITDA of ₹4.58 Cr (EBITDA margin 19.4%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 32% over five years.
The company has about 65 employees on its provident fund (EPFO) records.
For more details, the company can be reached via its website medicovertech.in.
Company details
Contact details
Medicover Tech India Private Limited's registered office is in Hyderabad, Telangana. Its website is medicovertech.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressTp House 2nd Floor D. No. 1 – 98/9/J/15 Plot No.15(P), Sy.No.74 &75 Jaihind Enclave Madhapur Village Serilingampally Mandal, Hyderabad, Telangana, India – 500081
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Medicover Tech India 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
Business activity
The main business activity of Medicover Tech India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Medicover Tech India Private Limited, buy the company report.
Financials of Medicover Tech India Private Limited
FY 2024 filings availableMedicover Tech India Private Limited reported revenue of ₹23.61 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 14% growth in the latest year. EBITDA rose 28% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.58 Cr | ||||
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| Net Profit (PAT) | ₹3.12 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 19.4% | ||||
| Net Profit Margin | 13.2% | ||||
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To see the full financial statements and ratios of Medicover Tech India Private Limited, buy the company report.
Board of directors of Medicover Tech India Private Limited
Medicover Tech India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neeraj Jayaswal | Director | 27 Feb 2023 | 3 Years 8 Months | Current |
| Mohit Gurjar | Director | 12 Mar 2018 | 8 Years 7 Months | Current |
Peer comparison
Medicover Tech India Private Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Harbinger Interactive Learning Private Limited | ₹23.73 Cr (FY 2022) | 16.0% | Pune, Maharashtra, India | |||
| Aureole Technologies Private Limited | ₹23.67 Cr (FY 2025) | 16.0% | Bangalore, Karnataka, India | |||
| Rang Infosoft Private Limited | ₹23.66 Cr (FY 2025) | -9.0% | Ahmedabad, Gujarat, India | |||
| Medicover Tech India Private Limitedthis company | ₹23.61 Cr (FY 2025) | ₹3.12 Cr | 13.2% | 14.0% | 65 | Hyderabad, Telangana, India |
| Enlume Technologies Private Limited | ₹23.55 Cr (FY 2024) | 9.0% | Hyderabad, Telangana, India | |||
| Benchmark IT Solutions India Private Limited | ₹23.35 Cr (FY 2024) | 40.0% | Pune, Maharashtra, India |
To see the full peer comparison of Medicover Tech India Private Limited, buy the company report.
Auditor
Medicover Tech India Private Limited is audited by Bashetty & Joshi for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bashetty & Joshi | FY 2023 | 013299S |
Shareholding
The shareholding of Medicover Tech India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Medicover Tech India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Medicover Tech India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Medicover Tech India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Medicover Tech India Private Limited has a workforce of 65 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Medicover Tech India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAHCB7008F1ZV | Telangana | Active | 13 Jul 2018 |
| 36AKTPG9711F1ZW | Telangana | Active | 24 Mar 2024 |
To see the full GST registrations and return filing status of Medicover Tech India Private Limited, buy the company report.
Recent activity
Medicover Tech India Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Neeraj Jayaswal ceased to be Additional Director on 21 Sep 2023.
Frequently asked questions
Medicover Tech India is an active private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 12 March 2018 (8+ years old) and is registered under CIN U74999TG2018PTC122895.
Medicover Tech India has 2 current directors:
- Neeraj Jayaswal - Director
- Mohit Gurjar - Director
The latest financial statements of Medicover Tech 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 FY 2018 are in the company report.
The GSTIN of Medicover Tech India is 36AAHCB7008F1ZV, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AKTPG9711F1ZW (Telangana).
The CIN (Corporate Identification Number) of Medicover Tech India is U74999TG2018PTC122895. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Medicover Tech India was incorporated on 12 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Medicover Tech India by revenue are Harbinger Interactive Learning Private Limited, Aureole Technologies Private Limited, Rang Infosoft Private Limited, Enlume Technologies Private Limited, Benchmark IT Solutions India Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).
Neeraj Jayaswal ceased to be Additional Director on 21 Sep 2023. Manmohan Sharma ceased to be Director on 27 Feb 2023. Neeraj Jayaswal was appointed as Director on 27 Feb 2023. Medicover Tech India has 4 board changes on record in total.
Medicover Tech India can be reached through the website medicovertech.in. Its registered office is in Hyderabad, Telangana, India.
The registered office of Medicover Tech India is at Tp House 2nd Floor D. No. 1 – 989J15 Plot No.15P, Sy.No.74 &75 Jaihind Enclave Madhapur Village Serilingampally Mandal, Hyderabad, Telangana, India – 500081.
Medicover Tech India operates in the information technology industry, in the application development and software solutions segment.
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