- Category
- Small (2023-24)
- Udyam number
- UDYAM-UP-28-0009285

About Innovation Meditech Private Limited
Data last updated:
Innovation Meditech Private Limited is a private limited company based in Noida, Uttar Pradesh, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 30 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U33110UP2013PTC182389. Its GSTIN is 09AADCI3200N1ZM (Uttar Pradesh). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹4.95 Cr. It is led by directors including Rajeev Agarwal and Swati Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 6 Sector – 88, Noida, Uttar Pradesh, India – 201301.
As per the financials filed for FY 2024, the company reported a revenue of ₹39.62 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹2.02 Cr (net margin 5.1%) and EBITDA of ₹3.59 Cr (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 17% over five years.
The company has about 62 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.72 Cr and satisfied charges of ₹5.11 Cr on record. Court records list 29 cases involving the company, including 18 filed by the company and 11 filed against it; 13 cases are pending.
Innovation Meditech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0009285). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innovationmeditech.com.
Company details
CIN history
Innovation Meditech has one previous CIN (Corporate Identification Number): U33110DL2013PTC250112. The current CIN is U33110UP2013PTC182389, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U33110UP2013PTC182389 | Current |
| U33110DL2013PTC250112 | Previous |
Recognitions & Rankings of Innovation Meditech
Contact details
Innovation Meditech Private Limited's registered office is in Noida, Uttar Pradesh. Its website is innovationmeditech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 6 Sector – 88, Noida, Uttar Pradesh, India – 201301
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Innovation Meditech 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 Innovation Meditech 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 Innovation Meditech Private Limited, buy the company report.
Financials of Innovation Meditech Private Limited
FY 2024 filings availableInnovation Meditech Private Limited reported revenue of ₹39.62 Cr (up 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 7% growth in the latest year. EBITDA rose 308% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.59 Cr | ||||
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| Net Profit (PAT) | ₹2.02 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.1% | ||||
| Net Profit Margin | 5.1% | ||||
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To see the full financial statements and ratios of Innovation Meditech Private Limited, buy the company report.
Board of directors of Innovation Meditech Private Limited
Innovation Meditech has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeev Agarwal Also directs: Horizon Meditech Private Limited | Director | 15 May 2013 | 13 Years 5 Months | Current |
| Swati Agarwal Also directs: Vertex Medical Private Limited | Additional Director | 20 Sep 2020 | 6 Years 1 Months | Current |
| Aryan Agarwal Also directs: Vertex Medical Private Limited | Additional Director | 16 Jul 2025 | 1 Years 3 Months | Current |
Auditor
Innovation Meditech Private Limited is audited by GARG SINGLA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GARG SINGLA & CO. | FY 2023 | 004340N |
Shareholding
The shareholding of Innovation Meditech 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 Innovation Meditech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Feb 2023 | 100705042 | Hdfc Bank Limited | ₹25.98 Lakh | Open | |
| 21 Dec 2020 | 100403410 | Hdfc Bank Limited | ₹2.4 Cr | Open | |
| 06 Jul 2016 | 100050571 | Hdfc Bank Limited | ₹7.06 Cr | Open | |
| 05 Apr 2019 | 100264002 | Hdfc Bank Limited | ₹2.86 Cr | Satisfied | |
| 05 May 2017 | 100103371 | Others | ₹2.25 Cr | Satisfied |
To see the full charge records of Innovation Meditech Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Innovation Meditech Private Limited has 29 court cases on record: 18 filed by Innovation Meditech, 11 filed against it. 13 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 28 | 10 | 13 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against Labneaz Pharma Private Limited and Ors and 2 others | Disposed |
| District court, Nainital, Uttarakhand | Commercial suit | Filed against the company by M/S Agarwal Clinic and Nursing Home | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, South East, Delhi | Criminal case | Filed by the company against an individual | Pending |
To see the full case history of Innovation Meditech 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
Innovation Meditech Private Limited has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 11 overdue payments to 11 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 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Sis Limited | |||
| Swiftair Transpeed Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Innovation Meditech Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Innovation Meditech Private Limited has a workforce of 62 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Innovation Meditech has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AADCI3200N1ZM | Uttar Pradesh | Active | 01 Jul 2017 |
| 10AADCI3200N1Z3 | Bihar | Active | 07 Mar 2018 |
| 08AADCI3200N1ZO | Rajasthan | Active | 03 Apr 2018 |
To see the full GST registrations and return filing status of Innovation Meditech Private Limited, buy the company report.
Recent activity
Innovation Meditech Private Limited has 6 board changes on record since 2013: 3 appointments and 3 cessations. The latest: Aryan Agarwal was appointed as Additional Director on 16 Jul 2025.
7 earlier events are in the company report.
Frequently asked questions
Innovation Meditech is an active private limited company based in Noida, Uttar Pradesh, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 30 March 2013 (13+ years old) and is registered under CIN U33110UP2013PTC182389.
Innovation Meditech has 3 current directors:
- Rajeev Agarwal - Director
- Swati Agarwal - Additional Director
- Aryan Agarwal - Additional Director
The latest financial statements of Innovation Meditech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Innovation Meditech is 09AADCI3200N1ZM, registered in Uttar Pradesh. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 10AADCI3200N1Z3 (Bihar), 08AADCI3200N1ZO (Rajasthan).
The CIN (Corporate Identification Number) of Innovation Meditech is U33110UP2013PTC182389. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovation Meditech has 29 court cases on record: 18 filed by the company and 11 filed against it. 13 are pending. Most are in the district courts.
Innovation Meditech was incorporated on 30 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Kanpur.
Aryan Agarwal was appointed as Additional Director on 16 Jul 2025. Gajendra Pratapsingh Shekhawat ceased to be Director on 29 Sep 2020. Swati Agarwal was appointed as Additional Director on 20 Sep 2020. Innovation Meditech has 6 board changes on record in total.
Yes, Innovation Meditech is registered as a small enterprise under Udyam registration (number: UDYAM-UP-28-0009285).
Innovation Meditech has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 11 overdue payments to 11 micro and small suppliers. The latest return was filed on 29 May 2019.
Innovation Meditech can be reached through the website innovationmeditech.com. Its registered office is in Noida, Uttar Pradesh, India.