Medybiz Private Limited
About Medybiz Private Limited
Data last updated:
Medybiz Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Reliance Interactive Advisors Private Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 20 January 2000.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2000PTC294957. Its GSTIN is 27AACCM0084D2ZT (Maharashtra). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹2.47 Cr. It was formerly known as Medybiz.Com Pvt Ltd. It is led by directors Ganesh Atmaram Pawde and Ashokkumar Ramnivas Thalia.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Manek Mahal 6th Floor 90 Veer Nariman Road, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2023, the company reported a revenue of ₹28,500. For the same year it recorded a net loss of ₹28.72 Cr and EBITDA of -₹28.72 Cr. Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 55% over five years.
The company is associated with 1 brand: Medibiz Solutions. As per MCA filings, the company has open charges of ₹445.9 Cr and satisfied charges of ₹110 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company. The company has 5 deals on record (4 secondary share transfers, 1 acquisition); the latest was in March 2019.
Company details
CIN history
Medybiz has one previous CIN (Corporate Identification Number): U72200KA2000PTC026249. The current CIN is U72200MH2000PTC294957, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200MH2000PTC294957 | Current |
| U72200KA2000PTC026249 | Previous |
Contact details
Medybiz Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressManek Mahal 6th Floor 90 Veer Nariman Road, Mumbai, Maharashtra, India – 400020
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Medybiz 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
Medybiz operates one associated brand: Medibiz Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Limited information available | medibiz.com |
Financials of Medybiz Private Limited
FY 2023 filings availableMedybiz Private Limited reported revenue of ₹28,500 for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 55% over five years. EBITDA rose 1% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹28,500 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹28.72 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹28.72 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Medybiz Private Limited, buy the company report.
Board of directors of Medybiz Private Limited
Medybiz has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganesh Atmaram Pawde Also directs: Funongo Media & Entertainment LLP, Raspalfa Services Private Limited, Media Capital Company (India ) Private Limited and 5 more | Director | 08 Dec 2021 | 4 Years 11 Months | As last reported |
| Ashokkumar Ramnivas Thalia | Director | 25 Mar 2019 | 7 Years 7 Months | As last reported |
Auditor
Medybiz Private Limited is audited by Vijay Yadav & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vijay Yadav & Co. | FY 2023 | 152132W |
Shareholding
The shareholding of Medybiz Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Medybiz Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Nov 2018 | 100233538 | Others | ₹75.9 Cr | Open | |
| 25 Oct 2018 | 100232343 | Others | ₹40 Cr | Open | |
| 17 Oct 2018 | 100232340 | Others | ₹100 Cr | Open | |
| 01 Oct 2018 | 100232342 | Others | ₹10 Cr | Open | |
| 29 Sep 2018 | 100232344 | Others | ₹70 Cr | Open |
To see the full charge records of Medybiz Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Medybiz Private Limited has 5 deals on record (4 secondary share transfers, 1 acquisition); the latest was in March 2019.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Pifiniti Movies Private Limited , Edrishti Movie Private Limited, Ippy Entertainment Private Limited Seller: Thwink Big Content Private Limited |
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: Adhar Property Consultancy Private Limited , Adhar Real Estate Consultancy Private Limited , Thwink Big Content Private Limited Seller: Reliance Interactive Advisors Private Limited |
| Oct 2012 | Secondary share transfer | Undisclosed | Buyer: Reliance Interactive Advisors Private Limited Seller: Reliance Health Ventures Limited |
| Mar 2011 | Acquisition | ₹4.32 Cr | Buyer: Reliance Health Ventures Limited Seller: Reliance Capital Ltd |
| Feb 2007 | Secondary share transfer | Undisclosed | Buyer: Reliance Capital Ltd Seller: Syndicate Research Worldwide Private Limited, Value Logistics Private Limited, 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Medybiz Private Limited has 3 court cases on record: 3 filed by Medybiz. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Appeal | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Court case (COP) | Filed by the company against an individual | Disposed |
To see the full case history of Medybiz 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 Medybiz Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Medybiz has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCM0084D2ZT | Maharashtra | Active | 28 Dec 2018 |
To see the full GST registrations and return filing status of Medybiz Private Limited, buy the company report.
Recent activity
Medybiz Private Limited has 11 board changes on record since 2007: 2 appointments and 9 cessations. The latest: Ganesh Atmaram Pawde ceased to be Additional Director on 30 Sep 2022.
10 earlier events are in the company report.
Frequently asked questions
Medybiz is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Medybiz is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 20 January 2000 and is registered under CIN U72200MH2000PTC294957. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Medybiz has 2 current directors:
- Ganesh Atmaram Pawde - Director
- Ashokkumar Ramnivas Thalia - Director
The latest financial statements of Medybiz on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Medybiz is U72200MH2000PTC294957. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Medybiz has open charges of ₹445.9 Cr and satisfied charges of ₹110 Cr as per latest MCA filings.
Medybiz has 3 court cases on record: 3 filed by the company.
Medybiz was incorporated on 20 January 2000. It is registered with the Registrar of Companies, Mumbai.
Medybiz has 5 deals on record (4 secondary share transfers, 1 acquisition); the latest was in March 2019.
Ganesh Atmaram Pawde ceased to be Additional Director on 30 Sep 2022. Ganesh Atmaram Pawde was appointed as Director on 08 Dec 2021. Sachin Seth ceased to be Additional Director on 31 Dec 2020. Medybiz has 11 board changes on record in total.
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