About Medived Innovations Private Limited
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Medived Innovations Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 27 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U33119KA2007PTC041916. The company has 2 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 ₹2.32 Cr. It is led by directors Uday Puri and Dinesh Puri.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Mfar Silver Line Tech Park 3rd Floor No. 180 Epip Phase II Whitefield, Bangalore, Karnataka, India – 560066.
As per the financials filed for FY 2018, the company reported a revenue of ₹37,971, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹73.93 Lakh and EBITDA of -₹36.22 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 75% over three years.
The company is associated with 1 brand: MediVed. As per MCA filings, the company has open charges of ₹3 Cr on record. Court records list 4 cases involving the company, including 4 filed against it. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹15.77 Cr; the latest was in February 2014.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website medived.com.
Company details
Contact details
Medived Innovations Private Limited's registered office is in Bangalore, Karnataka. Its website is medived.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressMfar Silver Line Tech Park 3rd Floor No. 180 Epip Phase II Whitefield, Bangalore, Karnataka, India – 560066
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Medived Innovations 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
Medived Innovations operates one associated brand: MediVed . Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specializes in the design, development, and manufacturing of implantable medical devices. | medived.com |
Business activity
The main business activity of Medived Innovations is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Medived Innovations Private Limited, buy the company report.
Financials of Medived Innovations Private Limited
FY 2018 filings availableMedived Innovations Private Limited reported revenue of ₹37,971 (down 99% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 75% over three years, including a 99% fall in the latest year. EBITDA rose 45% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹37,971 | |||
| Cost of Materials Consumed | ||||
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| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹36.22 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹73.93 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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To see the full financial statements and ratios of Medived Innovations Private Limited, buy the company report.
Board of directors of Medived Innovations Private Limited
Medived Innovations has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Uday Puri | Director | 13 May 2013 | 13 Years 5 Months | Current |
| Dinesh Puri | Director | 27 Feb 2007 | 19 Years 7 Months | Current |
Auditor
Medived Innovations Private Limited is audited by S D S & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S D S & CO | FY 2018 | 015679S |
Shareholding
The shareholding of Medived Innovations Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Medived Innovations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 May 2011 | 10289726 | Department of Biotechnology | ₹1.5 Cr | Open | |
| 16 May 2011 | 10289785 | Department of Biotechnology | ₹1.5 Cr | Open |
Total charge records: 2 View all charges
Deals & funding
Medived Innovations Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹15.77 Cr; the latest was in February 2014.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2014 | Funding round | ₹3.41 Cr | Investors: Absolute Limited |
| Aug 2007 | Funding round | ₹12.36 Cr | Investors: Memg International Limited |
| Aug 2007 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Medived Innovations Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company by Ms Matrix Cellular International Services Pvt Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by individuals | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by individuals | Disposed |
To see the full case history of Medived Innovations 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Medived Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Medived Innovations has 2 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 Medived Innovations Private Limited, buy the company report.
Recent activity
Medived Innovations Private Limited has 6 board changes on record since 2007: 2 appointments and 4 cessations. The latest: Harinarayan Sharma ceased to be Director on 31 Jul 2019.
Frequently asked questions
Medived Innovations is an active private limited company based in Bangalore, Karnataka, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 27 February 2007 (19+ years old) and is registered under CIN U33119KA2007PTC041916.
Medived Innovations has 2 current directors:
- Uday Puri - Director
- Dinesh Puri - Director
The latest financial statements of Medived Innovations on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Medived Innovations has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Medived Innovations is U33119KA2007PTC041916. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Medived Innovations has 4 court cases on record: 4 filed against it.
Medived Innovations was incorporated on 27 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Medived Innovations has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹15.77 Cr; the latest was in February 2014.
Harinarayan Sharma ceased to be Director on 31 Jul 2019. Uday Puri was appointed as Director on 13 May 2013. Satyam Choudary Cherukuri ceased to be Director on 20 May 2011. Medived Innovations has 6 board changes on record in total.
Medived Innovations can be reached through the website medived.com. Its registered office is in Bangalore, Karnataka, India.