Medsoft (India) Private Limited

Medsoft (India) Private Limited - information technology in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U72400KA1999PTC024783 Incorporated 17 February 1999 ROC Bangalore HQ Bangalore, Karnataka, India
Struck Off Private Limited Company information technology
Data last updated
Revenue · FY 2019
₹1.56 Cr
▼ 80% YoY
Net loss · FY 2019
₹1.14 Lakh
Net margin -0.7%
EBITDA · FY 2019
₹87,178
EBITDA margin 0.6%
Authorised capital
₹2.62 Cr
Registered with MCA
Paid-up capital
₹2.61 Cr
Issued & subscribed
Company age
27 yrs
Est. 1999
Employees · EPFO
10
Provident fund records
Directors on board
2
As per MCA filings

About Medsoft (India) Private Limited

Data last updated:

Medsoft (India) Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 17 February 1999.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72400KA1999PTC024783. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹2.62 Cr and a paid-up capital of ₹2.61 Cr. It was led by directors Somshekar Galappa Marappa and Nandadevi Kurkigowdara.

Its last annual general meeting (AGM) was held on 20 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at No.41 Tata Silk Farm Kanakapura Main Road Basavangudi, Bangalore, Karnataka, India – 560004.

As per the financials filed for FY 2019, the company reported a revenue of ₹1.56 Cr, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹1.14 Lakh (net margin -0.7%) and EBITDA of ₹87,178 (EBITDA margin 0.6%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years.

The company had about 10 employees on its provident fund (EPFO) records before it was struck off.

The company was associated with 1 brand: Medsoftusa. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.

The last known website on record is medsoftusa.com.

Company Details of Medsoft (India) Private Limited
CIN U72400KA1999PTC024783
Registration Number 024783
Incorporation Date 17 February 1999
ROC Bangalore
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 20 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    No.41 Tata Silk Farm Kanakapura Main Road Basavangudi, Bangalore, Karnataka, India – 560004
  • Industry
    Information Technology, Web Design & Maintenance Services
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Financials, compliance, directors, charges, ownership and filings for Medsoft (India) Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Medsoft (India) Private Limited

Medsoft (India) operates one associated brand: Medsoftusa. Each brand links to its own profile.

BrandDescriptionWebsite
Provides comprehensive software solutions and healthcare services.medsoftusa.com

Financials of Medsoft (India) Private Limited FY 2021 filings available

Medsoft (India) Private Limited reported revenue of ₹1.56 Cr (down 80% YoY) for FY 2019.

Revenue · FY 2019
₹1.56 Cr ▼ 80%
Net loss · FY 2019
₹1.14 Lakh margin -0.7%
EBITDA · FY 2019
₹87,178 margin 0.6%

Compounded Annual Growth Rate (CAGR) of Medsoft (India) Private Limited

Revenue CAGR growth
1 year
▼ 80%
3 years · compounded
▼ 38%
EBITDA CAGR growth
1 year
▼ 48%
3 years · compounded
▼ 50%

Revenue has declined at a compounded annual rate (CAGR) of 38% over three years, including a 80% fall in the latest year. EBITDA fell 48% 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 of Medsoft (India) Private Limited

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
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₹87,178••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹1.14 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 of Medsoft (India) Private Limited

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin0.6%••••••••••••••••
Net Profit Margin-0.7%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Medsoft (India) are in the company report.

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Financial statements from 2015

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Board of Directors of Medsoft (India) Private Limited

Medsoft (India) has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Somshekar Galappa MarappaDirector17 Feb 199927 Years 8 MonthsAs last reported
Nandadevi KurkigowdaraDirector17 Feb 199927 Years 8 MonthsAs last reported

Peer Comparison of Medsoft (India) Private Limited

Medsoft (India) Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Website Design and Maintenance). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Cuelogic Technologies Private Limited₹1.59 Cr (FY 2023)••••••••-97.0%••••Pune, Maharashtra, India
Offbeat Software Solutions Private Limited₹1.59 Cr (FY 2024)••••••••20.0%••••Rajpura, Punjab, India
Webslaw India Private Limited₹1.58 Cr (FY 2021)••••••••15.0%••••Ahmedabad, Gujarat, India
Hosting World Private Limited₹1.57 Cr (FY 2025)••••••••7.0%••••Ahmedabad, Gujarat, India
Technospacio Tech Solution Private Limited₹1.57 Cr (FY 2025)••••••••22.0%••••Bangalore, Karnataka, India
Medsoft (India) Private Limited this company₹1.56 Cr (FY 2019)••••••••-80.0%••••Bangalore, Karnataka, India
Jaa Brand Consultancy Private Limited₹1.56 Cr (FY 2024)••••••••9.0%••••Mumbai, Maharashtra, India
Karmatech Media Works Private Limited₹1.56 Cr (FY 2024)••••••••-30.0%••••New Delhi, Delhi, India
Vision Kraft Media Works Private Limited₹1.56 Cr (FY 2025)••••••••33.0%••••Pune, Maharashtra, India
Prabha Software & Technologies Private Limited₹1.56 Cr (FY 2023)••••••••-32.0%••••Patna, Bihar, India
Nitrous Design Private Limited₹1.55 Cr (FY 2024)••••••••21.0%••••Pune, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Medsoft (India) by revenue in the Information Technology industry (Website Design and Maintenance), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Medsoft (India) Private Limited

Medsoft (India) Private Limited is audited by M V G PRASAD & ASSOCIATES for the financial year 2018.

NameStatusAppointment DateCessation Date
M V G PRASAD & ASSOCIATESLockedLockedLocked
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Ownership and Shareholding of Medsoft (India) Private Limited

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Charges & Borrowings of Medsoft (India) Private Limited

Medsoft (India) Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Medsoft (India) Private Limited

Medsoft (India) Private Limited has a workforce of 10 employees as of Apr 05, 2024.

Employee count
10
Active EPFO establishments
1
Employee growth
-41.18%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Medsoft (India) Private Limited

Medsoft (India) Private Limited has 3 board changes on record since 1999: 2 appointments and 1 cessation. The latest: Marappa Galappa ceased to be Director on 19 Oct 2020.

AGM
Medsoft (India) Private Limited last Annual general meeting of members was held on 20 Nov 2021 as per latest MCA records.
Filing
Medsoft (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Ceased
Marappa Galappa ceased to be Director.
Appointed
Nandadevi Kurkigowdara was appointed as Director.
Appointed
Somshekar Galappa Marappa was appointed as Director.
Incorporation
17 Feb 1999
Medsoft (India) Private Limited was registered on 17 Feb 1999 with Roc Bangalore & aged 27 years 8 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Medsoft (India) Private Limited

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MSME Payment Delays by Medsoft (India) Private Limited

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Subsidiaries & Group Companies of Medsoft (India) Private Limited

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GST Compliance of Medsoft (India) Private Limited

Medsoft (India) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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MCA Filings & Documents of Medsoft (India) Private Limited

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Frequently Asked Questions about Medsoft (India) Private Limited

Medsoft (India) has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Medsoft (India) was a private limited company based in Bangalore, Karnataka, India. The company worked in web design and maintenance services, within the information technology industry. It was incorporated on 17 February 1999 and is registered under CIN U72400KA1999PTC024783. The company has been struck off by the Registrar of Companies and is no longer operational.

Medsoft (India) had 2 directors:

The CIN (Corporate Identification Number) of Medsoft (India) is U72400KA1999PTC024783. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Medsoft (India) is at No.41 Tata Silk Farm Kanakapura Main Road Basavangudi, Bangalore, Karnataka, India – 560004.

Medsoft (India) was incorporated on 17 February 1999. It is registered with the Registrar of Companies, Bangalore.

Medsoft (India) can be reached through the website medsoftusa.com. Its registered office is in Bangalore, Karnataka, India.

Medsoft (India) reported revenue of ₹1.56 Cr for FY 2019 (down 80% YoY).

Medsoft (India) has an authorised share capital of ₹2.62 Cr and a paid-up capital of ₹2.61 Cr.

Medsoft (India) reported a net loss of ₹1.14 Lakh (net margin -0.7%) and EBITDA of ₹87,178 (EBITDA margin 0.6%) for FY 2019, as per its filed financial statements.

No. Medsoft (India) has 1 GST registration on record and it is cancelled or inactive.

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