- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-03-0033373

Mednovate Private Limited
About Mednovate Private Limited
Data last updated:
Mednovate Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 05 August 2022.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U33119DL2022PTC402925. Its GSTIN is 07AAQCM0723M1Z5 (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.37 Lakh. It is led by directors including Mukesh Sehgal (Whole-Time Director) and Aprameya Rajput.
Its last annual general meeting (AGM) was held on 11 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No – 102 Y – 4 Yamuna Sec – D Pkt – 6 Vasant Kunj, New Delhi, Delhi, India – 110070.
As per the financials filed for FY 2025, the company reported a revenue of ₹9 Lakh, a growth of 125% compared to the previous year. For the same year it recorded a net loss of ₹38.28 Lakh (net margin -425.3%) and EBITDA of -₹37.64 Lakh (EBITDA margin -418.2%).
The company is associated with 1 brand: Svastek. The company has 1 deal on record (1 funding round), with disclosed funding of ₹2 Cr; the latest was in January 2025. Its 10 peer companies in the Healthcare industry (Medical Consumables, Medical and Laboratory Equipment) are compared by revenue, 5 larger and 5 smaller; the largest is Biopore Surgicals Private Limited with revenue of ₹9.21 Lakh.
Mednovate Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-03-0033373).
Company details
Recognitions & Rankings of Mednovate
Contact details
Mednovate Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No – 102 Y – 4 Yamuna Sec – D Pkt – 6 Vasant Kunj, New Delhi, Delhi, India – 110070
- IndustryHealthcare, Medical & Laboratory Equipment, Medical Consumables & Supplies
To see the full contact details of Mednovate 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
Mednovate operates one associated brand: SVASTEK. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Innovative medical technologies are developed to enhance patient care outcomes. | svastek.com |
Financials of Mednovate Private Limited
FY 2025 filings availableMednovate Private Limited reported revenue of ₹9 Lakh (up 125% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 125% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| EBITDA | -₹37.64 Lakh | ||
| Profit Before Tax | |||
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| Net Profit (PAT) | -₹38.28 Lakh | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -418.2% | ||
| Net Profit Margin | -425.3% | ||
| Return on Equity (ROE) | |||
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To see the full financial statements and ratios of Mednovate Private Limited, buy the company report.
Board of directors of Mednovate Private Limited
Mednovate has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aprameya Rajput Also directs: Morpheus Healthcare Private Limited | Director | 05 Aug 2022 | 4 Years 3 Months | Current |
| Arita Abrol Also directs: Morpheus Healthcare Private Limited | Director | 05 Aug 2022 | 4 Years 3 Months | Current |
| Mukesh Sehgal | Whole-Time Director | 04 Aug 2023 | 3 Years 3 Months | Current |
Peer comparison
Mednovate Private Limited is compared with the 10 companies closest to it by revenue in the Healthcare industry (Medical Consumables, Medical and Laboratory Equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Biopore Surgicals Private Limited | ₹9.21 Lakh (FY 2025) | -69.0% | Mumbai, Maharashtra, India | |||
| Denovo Bioinnovations Private Limited | ₹9.07 Lakh (FY 2024) | -75.0% | Pune, Maharashtra, India | |||
| Aarnav Mercantile Private Limited | ₹9.05 Lakh (FY 2025) | 383.0% | Noida, Uttar Pradesh, India | |||
| Vista Devices Private Limited | ₹9 Lakh (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| Mednovate Private Limitedthis company | ₹9 Lakh (FY 2025) | -₹38.28 Lakh | -425.3% | 125.0% | New Delhi, Delhi, India | |
| Vitalth Forgers Private Limited | ₹9 Lakh (FY 2024) | 1700.0% | Delhi, India | |||
| Siamaf Healthcare Private Limited | ₹8.86 Lakh (FY 2024) | 16140.0% | Bangalore, Karnataka, India | |||
| Perkant Tech Private Limited | ₹8.85 Lakh (FY 2025) | -5.0% | Indore, Madhya Pradesh, India | |||
| Saksham Formulation Private Limited | ₹8.81 Lakh (FY 2021) | -40.0% | Delhi, India | |||
| Pikar Healthtech Private Limited | ₹8.8 Lakh (FY 2025) | -59.0% | New Delhi, Delhi, India | |||
| Ave Maria Surgicals Private Limited | ₹8.78 Lakh (FY 2022) | Alappuzha, Kerala, India |
To see the full peer comparison of Mednovate Private Limited, buy the company report.
Auditor
Mednovate Private Limited is audited by CHARLES & CHANDRASEKAR for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHARLES & CHANDRASEKAR | FY 2023 | 005759S |
Shareholding
The shareholding of Mednovate Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Mednovate Private Limited, buy the company report.
Deals & funding
Mednovate Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹2 Cr; the latest was in January 2025.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2025 | Funding round · Seed | ₹2 Cr | Investors: Indian Angel Network |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Mednovate 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 Mednovate Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mednovate Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
GST
Mednovate has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAQCM0723M1Z5 | Delhi | Active | 29 Aug 2022 |
| 37AAQCM0723M1Z2 | Andhra Pradesh | Active | 10 Oct 2024 |
To see the full GST registrations and return filing status of Mednovate Private Limited, buy the company report.
Recent activity
Mednovate Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Mukesh Sehgal was appointed as Whole-Time Director on 04 Aug 2023.
Frequently asked questions
Mednovate is an active private limited company based in New Delhi, Delhi, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 05 August 2022 (4+ years old) and is registered under CIN U33119DL2022PTC402925.
Mednovate has 3 current directors:
- Mukesh Sehgal - Whole-Time Director
- Aprameya Rajput - Director
- Arita Abrol - Director
The latest financial statements of Mednovate on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 11 August 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Mednovate is 07AAQCM0723M1Z5, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37AAQCM0723M1Z2 (Andhra Pradesh).
The CIN (Corporate Identification Number) of Mednovate is U33119DL2022PTC402925. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mednovate was incorporated on 05 August 2022, making it 4+ years old. It is registered with the Registrar of Companies, Delhi.
Mednovate has 1 deal on record (1 funding round), with disclosed funding of ₹2 Cr; the latest was in January 2025.
The peers of Mednovate by revenue are Biopore Surgicals Private Limited, Denovo Bioinnovations Private Limited, Aarnav Mercantile Private Limited, Vista Devices Private Limited, Vitalth Forgers Private Limited and 5 more, all in the Healthcare industry (Medical Consumables, Medical and Laboratory Equipment).
Mukesh Sehgal was appointed as Whole-Time Director on 04 Aug 2023. Aprameya Rajput was appointed as Director on 05 Aug 2022. Arita Abrol was appointed as Director on 05 Aug 2022.
Yes, Mednovate is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-03-0033373).
The registered office of Mednovate is at Flat No – 102 Y – 4 Yamuna Sec – D Pkt – 6 Vasant Kunj, New Delhi, Delhi, India – 110070.

