About Morestep Medicare India Private Limited
Data last updated:
Morestep Medicare 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 other hospital and medical care activities segment of the healthcare sector. It was incorporated on 12 July 2016.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U24239KA2016PTC094896. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.5 Lakh. It was led by directors Preeti Patel and Seema Saxena.
Its last annual general meeting (AGM) was held on 21 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at No. 15 Up Stairs 1st Floor West Of Chord Road, Bangalore, Karnataka, India – 560086.
As per the financials filed for FY 2018, the company reported a revenue of ₹58.8 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.38 Cr (net margin -234.2%) and EBITDA of -₹1.3 Cr (EBITDA margin -220.6%).
The company had about 19 employees on its provident fund (EPFO) records before it was struck off.
The last known website on record is morestep.in.
Company details
Contact details
Morestep Medicare India Private Limited's registered office is in Bangalore, Karnataka. Its website is morestep.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 15 Up Stairs 1st Floor West Of Chord Road, Bangalore, Karnataka, India – 560086
- IndustryHealthcare, Other Hospital And Medical Care Activities
To see the full contact details of Morestep Medicare India 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
Business activity
The main business activity of Morestep Medicare India is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Morestep Medicare India Private Limited, buy the company report.
Financials of Morestep Medicare India Private Limited
FY 2018 filings availableMorestep Medicare India Private Limited reported revenue of ₹58.8 Lakh (up 239% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 239% in the latest year. EBITDA fell 275% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
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| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
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| Total Expenses | ||
| EBITDA | -₹1.3 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.38 Cr | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
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| Long-term Borrowings | ||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -220.6% | |
| Net Profit Margin | -234.2% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
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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 Morestep Medicare India Private Limited, buy the company report.
Board of directors of Morestep Medicare India Private Limited
Morestep Medicare India has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Preeti Patel | Director | 12 Jul 2016 | 10 Years 3 Months | As last reported |
| Seema Saxena | Director | 12 Jul 2016 | 10 Years 3 Months | As last reported |
Peer comparison
Morestep Medicare India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other hospital and medical care activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Acudhaam Private Limited | ₹59.01 Lakh (FY 2025) | 578.0% | Ambalapuzha, Kerala, India | |||
| Spandhana Life Touch Private Limited | ₹59 Lakh (FY 2023) | 1.0% | Bangalore, Karnataka, India | |||
| Peoplecare Hospital & Research Center Private Limited | ₹58.95 Lakh (FY 2025) | 231.0% | Ranchi, Jharkhand, India | |||
| Advaita Life Sciences Private Limited | ₹58.93 Lakh (FY 2025) | -32.0% | Hyderabad, Telangana, India | |||
| Instant Aushdhalya Private Limited | ₹58.82 Lakh (FY 2025) | 13.0% | Jaipur, Rajasthan, India | |||
| Morestep Medicare India Private Limitedthis company | ₹58.8 Lakh (FY 2018) | -₹1.38 Cr | -234.2% | 239.0% | 19 | Bangalore, Karnataka, India |
| Bioclony Laboratories Private Limited | ₹58.7 Lakh (FY 2024) | 198.0% | Kalyan, Maharashtra, India | |||
| Renicure Biotech Private Limited | ₹58.69 Lakh (FY 2024) | Kolkata, West Bengal, India | ||||
| Stuk Medi Pharma Private Limited | ₹58.66 Lakh (FY 2024) | -23.0% | Patna, Bihar, India | |||
| Ishi Medicare Private Limited | ₹58.64 Lakh (FY 2024) | 76.0% | New Delhi, Delhi, India | |||
| Rxoom Healthcare Private Limited | ₹58.6 Lakh (FY 2025) | -8.0% | Pune, Maharashtra, India |
To see the full peer comparison of Morestep Medicare India Private Limited, buy the company report.
Auditor
Morestep Medicare India Private Limited is audited by Lowlekar & Barjatya for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Lowlekar & Barjatya | FY 2017 | 007945C |
Shareholding
The shareholding of Morestep Medicare India Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Morestep Medicare India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Morestep Medicare India 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 Morestep Medicare India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Morestep Medicare India Private Limited has a workforce of 19 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Morestep Medicare India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Morestep Medicare India Private Limited, buy the company report.
Recent activity
Morestep Medicare India Private Limited has 8 board changes on record since 2016: 2 appointments and 6 cessations. The latest: Sita Yadav ceased to be Director on 11 Jun 2019.
Frequently asked questions
Morestep Medicare 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.
Morestep Medicare India was a private limited company based in Bangalore, Karnataka, India. The company worked in other hospital and medical care activities, within the healthcare industry. It was incorporated on 12 July 2016 and is registered under CIN U24239KA2016PTC094896. The company has been struck off by the Registrar of Companies and is no longer operational.
Morestep Medicare India had 2 directors:
- Preeti Patel - Director
- Seema Saxena - Director
The CIN (Corporate Identification Number) of Morestep Medicare India is U24239KA2016PTC094896. 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 Morestep Medicare India is at No. 15 Up Stairs 1st Floor West Of Chord Road, Bangalore, Karnataka, India – 560086.
Morestep Medicare India was incorporated on 12 July 2016. It is registered with the Registrar of Companies, Bangalore.
Morestep Medicare India can be reached through the website morestep.in. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Morestep Medicare India on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 21 September 2018. Year-wise statements from FY 2017 are in the company report.
No. Morestep Medicare India has 1 GST registration on record and it is cancelled or inactive.
Morestep Medicare India operated in the healthcare industry, in the other hospital and medical care activities segment. It worked in this industry before it was struck off.
The peers of Morestep Medicare India by revenue are Acudhaam Private Limited, Spandhana Life Touch Private Limited, Peoplecare Hospital & Research Center Private Limited, Advaita Life Sciences Private Limited, Instant Aushdhalya Private Limited and 5 more, all in the same principal business activity (other hospital and medical care activities).