Medrona Billing Services Private Limited - Company Profile

It is a business outsourcing private limited company based in Chennai, Tamil Nadu, India, established in 2008.
2008 Chennai, Tamil Nadu, India Active
Last Updated:
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About Medrona Billing Services Private Limited

Medrona Billing Services Private Limited, a active private limited company, was established on 29 August 2008 in Chennai, Tamil Nadu, India. Engaging in business process outsourcing within the professional, scientific and technical sector, it holds CIN: U93090TN2008PTC069084. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹7.50 M and a paid-up capital of ₹6.80 M.

Formerly known as Cascade Billing Services Private Limited. It upholds a compliant status. Employing 191 professional, Its leadership includes Ammapet Subramaniam Natarajan (Director), Srinivasan Sathya (Director). Past directors included Natarajan Varsha, Gordon Elvan Bell, Srinivasan Sethuraman. It holds ₹2.00 Cr open charges and ₹3.07 Cr settled loans. Its latest AGM occurred on 23 September 2025, with the balance sheet filed on 31 March 2025. It is based at 2Nd Floor, Asma Building 189, Ttk Road, Alwarpet, Chennai, Tamil Nadu, 600018.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U93090TN2008PTC069084

  • Registration Number

    069084

  • Incorporation Date

    29 August 2008

  • Authorized Capital

    ₹7.50 M

  • Paid-Up Capital

    ₹6.80 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 6.80 M
  • Company Age 17 Year, 5 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 2.00 Cr
  • Satisfied Charges ₹ 3.07 Cr
  • Revenue Growth **** -1.91%
  • Profit Growth **** -254.69%
  • Ebitda **** -48.64%
  • Net Worth 21.76%
  • Total Assets **** 27.14%
Company report

Medrona Billing Services Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Medrona Billing Services Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Medrona Billing Services Private Limited?
Current Directors
Name Designation Appointment Date Status
Ammapet Subramaniam Natarajan Director 29 Aug 2008 Current
Srinivasan Sathya Director 26 Nov 2021 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 31 May 2014 Past
Pramod Abcsdd Additional Director 29 Sep 2023 Past
Pramod Abcsdd Director 01 Nov 2021 Past
Pramod Abcsdd Additional Director 24 Dec 2021 Past

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Financial Performance of Medrona Billing Services.

Medrona Billing Services Private Limited, for the financial year ended 2024, experienced Minor drop in revenue, with a 1.91% decrease. The company also saw a substantial fall in profitability, with a 254.69% decrease in profit. The company's net worth Soared by an impressive increase of 21.76%.

Medrona Billing Services revenue growth over time
Medrona Billing Services profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -1.91%
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Revenue from Operations
*******
 -0.71%
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*******
*******
Total Assets
*******
 27.14%
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*******
*******
Profit or Loss
*******
 -254.69%
*******
*******
*******
*******
Net Worth
*******
 21.76%
*******
*******
*******
*******
EBITDA
*******
 -48.64%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Medrona Billing Services?

In 2024, Medrona Billing Services had a promoter holding of 59.34% and a public holding of 40.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹20,000,000.00

Satisfied Charges

₹30,735,000.00

Charges Breakdown by Lending Institutions
  • Standard Chartered Bank : 2.00 Cr
Latest Charge Details
Date Lender Amount Status
11 Mar 2020 Standard Chartered Bank ₹2.00 Cr Open
28 Sep 2018 Others ₹1.00 Cr Satisfied
18 Aug 2017 Dena Bank ₹0.93 M Satisfied
29 Jul 2011 Dena Bank ₹7.50 M Satisfied
04 Nov 2009 Dena Bank ₹1.23 Cr Satisfied

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How Many Employees Work at Medrona Billing Services?

Medrona Billing Services has a workforce of 191 employees as of Nov 14, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Medrona Billing Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Medrona Billing Services's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Medrona Billing Services
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Medrona Billing Services Private Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Medrona Billing Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai. was completed.

  • Charges

    A charge with Standard Chartered Bank of Rs. 20.00 M registered on 11 Mar 2020 with Charge ID 100342952 was modified on 27 Mar 2025. was recorded as a recent event.

  • Charges

    The activity A charge registered on 18 Aug 2017 via Charge ID 100129488 with Dena Bank was fully satisfied on 21 Jun 2022. was completed.

  • Director Appointment

    Progress on Srinivasan Sathya was appointed as a Director was appointed as a Director on 26 Nov 2021 & has been associated with this company since 4 years 2 months . was documented.

  • Charges

    The activity A charge registered on 28 Sep 2018 via Charge ID 100212578 with Others was fully satisfied on 28 Sep 2021. was completed.

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Frequently Asked Questions
What is the CIN of Medrona Billing Services Private Limited?

The CIN of Medrona Billing Services Private Limited is U93090TN2008PTC069084.

Where is Medrona Billing Services Private Limited headquartered?

Medrona Billing Services Private Limited is headquartered at 2Nd Floor, Asma Building 189, Ttk Road, Alwarpet, Chennai, Tamil Nadu, 600018.

When was Medrona Billing Services Private Limited incorporated?

Medrona Billing Services Private Limited was incorporated on 29 August 2008.

Who are the current directors of Medrona Billing Services Private Limited?

The current directors of Medrona Billing Services Private Limited are

What is the primary industry of Medrona Billing Services Private Limited?

The primary industry of Medrona Billing Services Private Limited is Professional, Scientific And Technical.

Is Medrona Billing Services Private Limited a listed company?

Medrona Billing Services Private Limited is unlisted.

What is the capital structure of Medrona Billing Services Private Limited?

The authorized capital of Medrona Billing Services Private Limited is ₹7.50 M, and the paid-up capital is ₹6.80 M.

What is the compliance status of Medrona Billing Services Private Limited?

The compliance status of Medrona Billing Services Private Limited is Compliant.

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