About Healthium Medtech Limited
Data last updated:
Healthium Medtech Limited is a public limited company based in Bangalore, Karnataka, India, a subsidiary of Quinag Acquisition (Fdi) Ltd. It operates in the medical consumables and supplies segment of the healthcare sector. It was incorporated on 28 December 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U03311KA1992PLC013831. Its GSTIN is 29AACCS6580N1ZM (Karnataka). The company holds 17 GST registrations, of which 16 are active.
The company has an authorised share capital of ₹134 Cr and a paid-up capital of ₹40.37 Cr. It was formerly known as Healthium Medtech Private Limited and Healthium Holdings Private Limited. It is led by directors including Gaurav Goel (Managing Director) and Akshay Tanna.
Its last annual general meeting (AGM) was held on 28 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 472 /D 4th Phase 13th Cross Peenya Industrial Area Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2025, the company reported a revenue of ₹603.91 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹38.28 Cr (net margin -6.3%) and EBITDA of ₹47.77 Cr (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 6% over five years.
The company has about 817 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Sutures India. As per MCA filings, the company has open charges of ₹44 Cr and satisfied charges of ₹461.69 Cr on record. Court records list 307 cases involving the company, including 279 filed by the company and 28 filed against it; 64 cases are pending. The company has 37 deals on record (27 secondary share transfers, 7 funding rounds, 2 rights issues), with disclosed funding of ₹649.95 Cr; the latest was in December 2025. Its 5 peer companies in the Healthcare industry (Medical Consumables), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 2 larger and 3 smaller; the largest is Hindustan Syringes and Medical Devices Limited with revenue of ₹882.64 Cr. The company has 19 MSME Form 1 returns on record between 2019 and 2024, listing 2,425 overdue payments to 173 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website suturesin.com.
Company details
Name history
Healthium Medtech has undergone 3 name changes throughout its history. The company was previously known as Healthium Medtech Private Limited, Healthium Holdings Private Limited, and Sutures India Private Limited. The current legal name is Healthium Medtech Limited.
| Company Name | Status |
|---|---|
| Healthium Medtech Limited | Current |
| Healthium Medtech Private Limited | Previous |
| Healthium Holdings Private Limited | Previous |
| Sutures India Private Limited | Previous |
CIN history
Healthium Medtech has one previous CIN (Corporate Identification Number): U03311KA1992PTC013831. The current CIN is U03311KA1992PLC013831, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U03311KA1992PLC013831 | Current |
| U03311KA1992PTC013831 | Previous |
Contact details
Healthium Medtech Limited's registered office is in Bangalore, Karnataka. Its website is suturesin.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address472 /D 4th Phase 13th Cross Peenya Industrial Area Bangalore, Karnataka, India – 560058
- IndustryHealthcare, Medical Consumables & Supplies
To see the full contact details of Healthium Medtech 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
Healthium Medtech operates one associated brand: Sutures India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Surgical sutures and disposables are manufactured for medical use. | suturesindia.com |
Business activity
The main business activity of Healthium Medtech is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Healthium Medtech Limited, buy the company report.
Financials of Healthium Medtech Limited
FY 2025 filings availableHealthium Medtech Limited reported revenue of ₹603.91 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 3% growth in the latest year. EBITDA fell 34% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹603.91 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹47.77 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹38.28 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.9% | ||||
| Net Profit Margin | -6.3% | ||||
| 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 Healthium Medtech Limited, buy the company report.
Board of directors and KMP of Healthium Medtech Limited
Healthium Medtech Limited currently reports 8 directors and 2 key managerial personnel. 32 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akshay Tanna Also directs: Healthcare Global Enterprises Limited, Dodla Dairy Limited, Vini Cosmetics Private Limited and 5 more | Director | 06 Sep 2024 | 2 Years 1 Months | Current |
| Rajnish Damani Also directs: Quality Needles Private Limited | Additional Director | 01 Apr 2026 | 0 Years 6 Months | Current |
| Ajay Gupta | Director | 10 Dec 2020 | 5 Years 10 Months | Current |
| Vishal Maheshwari | Cfo | 25 Feb 2019 | 7 Years 7 Months | Current |
| Shalini Kalsi Kamath Also directs: Abbott India Limited, Bosch Home Comfort India Limited, Expleo Solutions Limited and 3 more | Director | 16 Nov 2024 | 1 Years 11 Months | Current |
| Anish Vanraj Bafna | Director | 29 Nov 2018 | 7 Years 10 Months | Current |
Peer comparison
Healthium Medtech Limited is compared with the 5 companies closest to it by revenue in the Healthcare industry (Medical Consumables), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hindustan Syringes and Medical Devices Limited | ₹882.64 Cr (FY 2025) | 8.0% | New Delhi, Delhi, India | |||
| Romsons Group Private Limited | ₹875.1 Cr (FY 2024) | 5.0% | Uttar Pradesh, India | |||
| Terumo Penpol Private Limited | ₹747 Cr (FY 2025) | 14.0% | Thiruvananthapuram, Kerala, India | |||
| Healthium Medtech Limitedthis company | ₹603.91 Cr (FY 2025) | -₹38.28 Cr | -6.3% | 3.0% | 817 | Bangalore, Karnataka, India |
| Biorad Medisys Private Limited | ₹556.96 Cr (FY 2025) | 52.0% | Mumbai, Maharashtra, India | |||
| Caregroup Sight Solution Private Limited | ₹519.78 Cr (FY 2025) | 13.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Healthium Medtech Limited, buy the company report.
Auditor
Healthium Medtech Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2024 | 101049W/E300004 |
Shareholding
The shareholding of Healthium Medtech Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Healthium Medtech Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Apr 2015 | 10566562 | The Hongkong and Shanghai Banking Corporation Limited | ₹44 Cr | Open | |
| 29 Nov 2024 | 101016794 | Others | ₹1.32 Cr | Satisfied | |
| 03 Jun 2022 | 100584178 | Standard Chartered Bank | ₹1 Cr | Satisfied | |
| 08 Jan 2022 | 100524077 | Others | ₹37.48 Cr | Satisfied | |
| 27 Oct 2021 | 100501175 | The Hongkong and Shanghai Banking Corporation Limited | ₹13 Cr | Satisfied |
To see the full charge records of Healthium Medtech Limited, buy the company report.
Total charge records: 21 View all charges
Deals & funding
Healthium Medtech Limited has 37 deals on record (27 secondary share transfers, 7 funding rounds, 2 rights issues), with disclosed funding of ₹649.95 Cr; the latest was in December 2025.
Deals on record (5 of 37)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2025 | Funding round | ₹8.92 Cr | Investors: Anshu Gupta Exempt Children’s Trust |
| Oct 2024 | Secondary share transfer | Undisclosed | Buyer: Apax Partners Seller: an individual |
| Oct 2024 | Secondary share transfer | Undisclosed | Buyer: Apax Partners Seller: an individual |
| Oct 2024 | Secondary share transfer | Undisclosed | Buyer: Apax Partners Seller: an individual |
| Sep 2024 | Secondary share transfer | Undisclosed | Buyer: Apax Partners, Catalyst Trusteeship Limited , Quinag Acquisition FDI Limited & Anoop Penupolu Seller: 4 individuals |
To see the full deal history of Healthium Medtech 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
Healthium Medtech Limited has 307 court cases on record: 279 filed by Healthium Medtech, 28 filed against it. 64 cases are pending and 243 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 274 | 15 | 60 |
| High courts | 28 | 11 | 3 |
| NCLT | 3 | 0 | 0 |
| Supreme Court | 2 | 2 | 1 |
Cases on record (5 of 307)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Pharmonis Exim Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Deepa K | Pending |
| High Court of Jammu and Kashmir and Ladakh | Appeal | Filed against the company by Johnson and Johnson Pvt Ltd Th Pranab Sharma | Disposed |
| District court, Central, Delhi | Court case (Counter Claim) | Filed against the company by Japan Foods India Pvt Ltd | Disposed |
| District court, West, Delhi | Civil suit | Filed against the company by Om Logistics Ltd. | Disposed |
To see the full case history of Healthium Medtech 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
Healthium Medtech Limited has 19 MSME Form 1 returns on record between 2019 and 2024, listing 2,425 overdue payments to 173 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 173)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Ess Cee Print Pack Private Limited | |||
| Ashish Packaging Industries | |||
| Banchalis Print Private Limited |
To see the full MSME payment records of Healthium Medtech Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Healthium Medtech has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Carenow Medical Private Limited | U33119TZ2010PTC016376 | |
| Quality Needles Private Limited | U74899DL1984PTC017706 |
To see the full group structure of Healthium Medtech Limited, buy the company report.
Employees & EPFO
Healthium Medtech Limited has a workforce of 817 employees on its EPFO records as of Oct 24, 2024, across 1 active EPFO establishment.
GST
Healthium Medtech has 17 GST registrations: 16 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCS6580N1ZM | Karnataka | Active | 01 Jul 2017 |
| 09AACCS6580N1ZO | Uttar Pradesh | Active | 01 Jul 2017 |
| 19AACCS6580N1ZN | West Bengal | Active | 01 Jul 2017 |
| 27AACCS6580N1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Healthium Medtech Limited, buy the company report.
Recent activity
Healthium Medtech Limited has 40 board changes on record since 2012: 10 appointments and 30 cessations. The latest: Gaurav Goel was appointed as Managing Director on 03 Aug 2026.
78 earlier events are in the company report.
News
Frequently asked questions
Healthium Medtech is an active public limited company based in Bangalore, Karnataka, India. The company works in medical consumables and supplies, within the healthcare industry. It was incorporated on 28 December 1992 (34+ years old) and is registered under CIN U03311KA1992PLC013831.
Healthium Medtech has 10 current directors and KMP:
- Gaurav Goel - Managing Director
- Akshay Tanna - Director
- Rajnish Damani - Additional Director
- Ajay Gupta - Director
- Shalini Kalsi Kamath - Director
- Anish Vanraj Bafna - Director
- Mayank Mishra - Director
- Ashwani Kumar Puri - Director
- Vishal Maheshwari - Cfo
- Pallavi Karkera - Company Secretary
The latest financial statements of Healthium Medtech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Healthium Medtech is 29AACCS6580N1ZM, registered in Karnataka. The company has 17 GST registrations in all, of which 16 are active and 1 is cancelled or inactive. Other active GSTINs include 09AACCS6580N1ZO (Uttar Pradesh), 19AACCS6580N1ZN (West Bengal), 27AACCS6580N1ZQ (Maharashtra).
The CIN (Corporate Identification Number) of Healthium Medtech is U03311KA1992PLC013831. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Healthium Medtech has 307 court cases on record: 279 filed by the company and 28 filed against it. 64 are pending. Most are in the district courts.
Healthium Medtech was incorporated on 28 December 1992, making it 34+ years old. It is registered with the Registrar of Companies, Bangalore.
Healthium Medtech has 37 deals on record (27 secondary share transfers, 7 funding rounds, 2 rights issues), with disclosed funding of ₹649.95 Cr; the latest was in December 2025.
The peers of Healthium Medtech by revenue are Hindustan Syringes and Medical Devices Limited, Romsons Group Private Limited, Terumo Penpol Private Limited, Biorad Medisys Private Limited, Caregroup Sight Solution Private Limited, all in the Healthcare industry (Medical Consumables), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Gaurav Goel was appointed as Managing Director on 03 Aug 2026. Rajnish Damani was appointed as Additional Director on 01 Apr 2026. Sudeep Dhariwal ceased to be Additional Director on 27 Aug 2025. Healthium Medtech has 40 board changes on record in total.
Healthium Medtech has 19 MSME Form 1 returns on record between 2019 and 2024, listing 2,425 overdue payments to 173 micro and small suppliers. The latest return was filed on 27 Apr 2024.
Healthium Medtech can be reached through the website suturesin.com. Its registered office is in Bangalore, Karnataka, India.