About Healthfore Technologies Limited
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Healthfore Technologies Limited is a public limited company based in New Delhi, Delhi, India. It operates in the healthtech and medical tech solutions segment of the healthcare sector. It was incorporated on 22 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L72300DL2009PLC190552. The company has 10 GST registrations on record, none of which is active. It is recorded as listed by MCA, but its shares were delisted from BSE on 13 Jul 2022 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹8.13 Cr. It was formerly known as Religare Technova Services Limited and Religare Technologies Limited. It is led by directors Kalpana Sinha and Nalin Nayyar.
Its last annual general meeting (AGM) was held on 21 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Prius Platinum Ground Floor D3 District Centre Saket, New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2017, the company reported a revenue of ₹18.64 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹88.97 Cr (net margin -477.3%) and EBITDA of -₹2.28 Cr (EBITDA margin -12.2%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years.
The company has about 23 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: HealthFore. As per MCA filings, the company has open charges of ₹510.63 Cr and satisfied charges of ₹444.27 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it. The company has 12 deals on record (11 market trades, 1 acquisition); the latest was in October 2017.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website healthfore.com.
Company details
Name history
Healthfore Technologies has undergone 2 name changes throughout its history. The company was previously known as Religare Technova Services Limited, and Religare Technologies Limited. The current legal name is Healthfore Technologies Limited.
| Company Name | Status |
|---|---|
| Healthfore Technologies Limited | Current |
| Religare Technova Services Limited | Previous |
| Religare Technologies Limited | Previous |
CIN history
Healthfore Technologies has one previous CIN (Corporate Identification Number): U72300DL2009PLC190552. The current CIN is L72300DL2009PLC190552, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L72300DL2009PLC190552 | Current |
| U72300DL2009PLC190552 | Previous |
Contact details
Healthfore Technologies Limited's registered office is in New Delhi, Delhi. Its website is healthfore.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressPrius Platinum Ground Floor D3 District Centre Saket, New Delhi, Delhi, India – 110017
- IndustryHealthcare, HealthTech & Medical Tech Solutions
To see the full contact details of Healthfore Technologies 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
Healthfore Technologies operates one associated brand: HealthFore. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides healthcare IT solutions and advisory services to hospital chains, diagnostic centers, and public health enterprises | healthfore.com |
Business activity
The main business activity of Healthfore Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Healthfore Technologies Limited, buy the company report.
Financials of Healthfore Technologies Limited
FY 2017 filings availableHealthfore Technologies Limited reported revenue of ₹18.64 Cr (down 19% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over three years, including a 19% fall in the latest year. EBITDA fell 391% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹18.64 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹2.28 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹88.97 Cr | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -12.2% | ||
| Net Profit Margin | -477.3% | ||
| 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 | |||
To see the full financial statements and ratios of Healthfore Technologies Limited, buy the company report.
Board of directors and KMP of Healthfore Technologies Limited
Healthfore Technologies Limited currently reports 2 directors and 1 key managerial person. 21 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalpana Sinha Also directs: Aaroha Leadership Solutions LLP, Cosmode Consultants Pvt. Ltd. | Director | 10 Feb 2015 | 11 Years 8 Months | Current |
| Amit Gupta Also directs: Cubetiq Consulting Services LLP | Cfo | 01 Apr 2014 | 12 Years 6 Months | Current |
| Nalin Nayyar Also directs: Highland Strategic Advisors LLP | Director | 01 Aug 2016 | 10 Years 2 Months | Current |
Auditor
Healthfore Technologies Limited is audited by RAVI RAJAN & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVI RAJAN & CO | FY 2017 | 009073N |
Shareholding
The shareholding of Healthfore Technologies Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Healthfore Technologies Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Nov 2016 | 100062988 | Yes Bank Limited | ₹12.93 Lakh | Open | |
| 01 Aug 2016 | 100047380 | Others | ₹300 Cr | Open | |
| 21 Mar 2016 | 100019240 | Yes Bank Limited | ₹25.13 Lakh | Open | |
| 26 Dec 2015 | 100023862 | Yes Bank Limited | ₹25.13 Lakh | Open | |
| 08 Aug 2013 | 10444939 | Yes Bank Limited | ₹200 Cr | Open |
To see the full charge records of Healthfore Technologies Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Healthfore Technologies Limited has 12 deals on record (11 market trades, 1 acquisition); the latest was in October 2017.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Market trade | ₹1.2 Cr | Buyer: Oscar Investments Ltd Seller: V S B Investments Pvt Ltd |
| Mar 2014 | Market trade | ₹96.8 Lakh | Buyer: RHC Holding Private Limited Seller: Telelink Finance Pvt Ltd |
| Mar 2014 | Market trade | ₹1.48 Cr | Buyer: Bazigar Trading Pvt Ltd , Felex Enterprises Private Limited , JRM Securities and Finance Private Limited Seller: Modland Wears Private Limited |
| Mar 2014 | Market trade | ₹1.31 Cr | Buyer: Telelink Finance Pvt Ltd Seller: Fern Healthcare Private Limited |
| Mar 2014 | Market trade | ₹43.1 Lakh | Buyer: Telelink Finance Pvt Ltd Seller: Fern Healthcare Private Limited |
To see the full deal history of Healthfore Technologies Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Healthfore Technologies Limited has 4 court cases on record: 3 filed by Healthfore Technologies, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Civil suit | Filed against the company by TNS Networking Solutions Pvt. Ltd. | Disposed |
| District court, South, Delhi | Civil suit | Filed by the company against Ms Good Morning India Media Pvt. Ltd. | Disposed |
| District court, South, Delhi | Civil suit | Filed by the company against Ms Monnet Ispat Energy Limited | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against M/S Action Ispat & Power(P) Ltd | Disposed |
To see the full case history of Healthfore Technologies 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.
Credit ratings & regulatory alerts
Healthfore Technologies Limited was last rated by Care on 06 Jul 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 06 Jul 2026 |
To see the full credit ratings and regulatory alerts of Healthfore Technologies Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Healthfore Technologies Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Healthfore Technologies Limited has a workforce of 23 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Healthfore Technologies has 10 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Healthfore Technologies Limited, buy the company report.
Recent activity
Healthfore Technologies Limited has 43 board changes on record since 2009: 23 appointments and 20 cessations. The latest: Ramakrishna Shetty ceased to be Director on 14 Mar 2018.
52 earlier events are in the company report.
Frequently asked questions
Healthfore Technologies is an active public limited company based in New Delhi, Delhi, India. The company works in healthtech and medical tech solutions, within the healthcare industry. It was incorporated on 22 May 2009 (17+ years old) and is registered under CIN L72300DL2009PLC190552.
Healthfore Technologies has 3 current directors and KMP:
- Kalpana Sinha - Director
- Nalin Nayyar - Director
- Amit Gupta - Cfo
The latest financial statements of Healthfore Technologies on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 21 September 2017. Year-wise statements from 2015 are in the company report.
No. Healthfore Technologies has 10 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Healthfore Technologies is L72300DL2009PLC190552. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Healthfore Technologies is recorded as a listed company by MCA, but its shares were delisted from BSE on 13 Jul 2022 · compulsory delisting, and no longer trade on a stock exchange.
Healthfore Technologies has 4 court cases on record: 3 filed by the company and 1 filed against it. Most are in the district courts.
Healthfore Technologies was incorporated on 22 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.
Healthfore Technologies has 12 deals on record (11 market trades, 1 acquisition); the latest was in October 2017.
Ramakrishna Shetty ceased to be Director on 14 Mar 2018. Atul Mandahar ceased to be Director on 13 Mar 2018. Daljit Singh ceased to be Director on 02 Mar 2018. Healthfore Technologies has 43 board changes on record in total.