Medvantage Insurance Tpa Private Limited Company Logo

Medvantage Insurance Tpa Private Limited - Company Profile

It is a financial services private limited company based in Thane, Maharashtra, India, established in 2001.

2001 | Thane, Maharashtra, India | Amalgamated
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About Medvantage Insurance Tpa Private Limited

Medvantage Insurance Tpa Private Limited, a amalgamated private limited company, was established on 01 November 2001 in Thane, Maharashtra, India. Engaging in third party admins within the financial and insurance service sector, it holds CIN: U85190MH2001PTC133829. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹6.00 Cr and a paid-up capital of ₹5.67 Cr.

Formerly known as Unitedhealthcare Parekh Tpa Private Limited, Parekh Health Tpa Private Limited. It upholds a compliant status. Employing 8 professional, Its leadership includes Nikhil Chopra (Director), Himanshu Rastogi (Director), Vikram Jit Singh Chhatwal (Director). Past directors included Anurag Khosla, Nikhil Chopra, Himanshu Rastogi. Its latest AGM occurred on 31 July 2023, with the balance sheet filed on 31 March 2023. It is based at The Empire Business Centre, Office 1731, Empire Tower,, Cloud City Campus, Reliable Tech Park Airoli, Thane, Maharashtra, 400708.

Company Details

  • CIN/LLPIN

    U85190MH2001PTC133829

  • Registration Number

    133829

  • Incorporation Date

    01 November 2001

  • Authorized Capital

    ₹6.00 Cr

  • Paid-Up Capital

    ₹5.67 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.67 Cr
  • Company Age 24 Year, 28 Days
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -27.25%
  • Profit Growth -1275.19%
  • Ebitda -1085.51%
  • Net Worth -49.82%
  • Total Assets -29.31%
Company report

Medvantage Insurance Tpa Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Medvantage Insurance Tpa 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 Medvantage Insurance Tpa Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Nikhil ChopraDirector13 Feb 2023Current
Himanshu RastogiDirector13 Feb 2023Current
Vikram Jit Singh ChhatwalDirector13 Feb 2023Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director14 Sep 2018Past
Pramod AbcsddAdditional Director14 Feb 2023Past
Pramod AbcsddAdditional Director14 Feb 2023Past
Pramod AbcsddAdditional Director19 Sep 2014Past
Pramod AbcsddDirector22 Feb 2018Past
Pramod AbcsddDirector13 Feb 2023Past

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Financial Performance of Medvantage Insurance Tpa.

Medvantage Insurance Tpa Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.25% decrease. The company also saw a substantial fall in profitability, with a 1275.19% decrease in profit. The company's net worth observed a substantial decline by a decrease of 49.82%.

Medvantage Insurance Tpa revenue growth over time
Medvantage Insurance Tpa profit and loss trends over time
  • 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
-27.25%
Revenue from Operations
-27.68%
Total Assets
-29.31%
Profit or Loss
-1275.19%
Net Worth
-49.82%
EBITDA
-1085.51%

What is the Ownership and Shareholding Structure of Medvantage Insurance Tpa?

In 2023, Medvantage Insurance Tpa had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Medvantage Insurance Tpa?

Medvantage Insurance Tpa has a workforce of 8 employees as of Apr 07, 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 growth trends for Medvantage Insurance Tpa Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Medvantage Insurance Tpa, 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 Medvantage Insurance Tpa'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.

Latest Updates, News, and FAQs on Medvantage Insurance Tpa

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Medvantage Insurance Tpa Private Limited last Annual general meeting of members was held on 31 Jul 2023 as per latest MCA records. was documented.

  • Balance Sheet

    Medvantage Insurance Tpa Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai. was recorded as a recent event.

  • Director Appointment

    Progress on Nikhil Chopra was appointed as a Director was appointed as a Director on 13 Feb 2023 & has been associated with this company since 2 years 9 months . was documented.

  • Director Appointment

    Himanshu Rastogi was appointed as a Director was appointed as a Director on 13 Feb 2023 & has been associated with this company since 2 years 9 months . was recorded as a recent event.

  • Director Appointment

    Progress on Vikram Jit Singh Chhatwal was appointed as a Director was appointed as a Director on 13 Feb 2023 & has been associated with this company since 2 years 9 months . was documented.

  • Company Incorporation

    The activity Medvantage Insurance Tpa Private Limited was registered on 01 Nov 2001 with Roc Mumbai & aged 24 years 28 days as per MCA records. was completed.

Frequently Asked Questions

  • What is the CIN of Medvantage Insurance Tpa Private Limited?

    The CIN of Medvantage Insurance Tpa Private Limited is U85190MH2001PTC133829.

  • Where is Medvantage Insurance Tpa Private Limited headquartered?

    Medvantage Insurance Tpa Private Limited is headquartered at The Empire Business Centre, Office 1731, Empire Tower,, Cloud City Campus, Reliable Tech Park Airoli, Thane, Maharashtra, 400708.

  • When was Medvantage Insurance Tpa Private Limited incorporated?

    Medvantage Insurance Tpa Private Limited was incorporated on 01 November 2001.

  • Who are the current directors of Medvantage Insurance Tpa Private Limited?

    The current directors of Medvantage Insurance Tpa Private Limited are

  • What is the primary industry of Medvantage Insurance Tpa Private Limited?

    The primary industry of Medvantage Insurance Tpa Private Limited is Financial And Insurance Service.

  • Is Medvantage Insurance Tpa Private Limited a listed company?

    Medvantage Insurance Tpa Private Limited is unlisted.

  • What is the capital structure of Medvantage Insurance Tpa Private Limited?

    The authorized capital of Medvantage Insurance Tpa Private Limited is ₹6.00 Cr, and the paid-up capital is ₹5.67 Cr.

  • What is the compliance status of Medvantage Insurance Tpa Private Limited?

    The compliance status of Medvantage Insurance Tpa Private Limited is Compliant.

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