MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0002806
Nirman Orthopaedics Private Limited - healthcare in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹27.07 Cr
▲ 44% YoY
Net profit · FY 2023
₹2.06 Cr
Net margin 7.6%
EBITDA · FY 2023
₹3.61 Cr
EBITDA margin 13.3%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹40 Lakh
Issued & subscribed
Open charges
₹9.07 Cr
Satisfied ₹11.56 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
106
Provident fund records
About Nirman Orthopaedics Private Limited
Data last updated:
Nirman Orthopaedics Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the preventive healthcare segment of the healthcare sector. It was incorporated on 16 May 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U85121GJ2006PTC048269. Its GSTIN is 24AACCN3135E1ZZ (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors including Rajiv Paradkar and Vrajesh Ramakant Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5/ B Nivruti Colony Karelibagh, Vadodara, Gujarat, India – 390018.
As per the financials filed for FY 2023, the company reported a revenue of ₹27.07 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹2.06 Cr (net margin 7.6%) and EBITDA of ₹3.61 Cr (EBITDA margin 13.3%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 20% over five years.
The company has about 106 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Viroc Hospital. As per MCA filings, the company has open charges of ₹9.07 Cr and satisfied charges of ₹11.56 Cr on record.
Nirman Orthopaedics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0002806). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website viroc.in.
Company Details of Nirman Orthopaedics Private Limited
CIN U85121GJ2006PTC048269
Registration Number 048269
Incorporation Date 16 May 2006
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0002806
Key People
Rajiv Paradkar Director Vrajesh Ramakant Shah Director Minesh Khimjibhai Barochia Director Recognitions & Rankings of Nirman Orthopaedics
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address5/ B Nivruti Colony Karelibagh, Vadodara, Gujarat, India – 390018
- IndustryHealthcare, Preventive Health Services
Comprehensive company report
Nirman Orthopaedics Private Limited - one report that includes everything
- 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
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Associated Brands with Nirman Orthopaedics Private Limited
Nirman Orthopaedics operates one associated brand: Viroc Hospital. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Orthopedic hospital focusing on joint replacements and robotic surgeries in India. | viroc.in |
Financials of Nirman Orthopaedics Private Limited FY 2025 filings available
Nirman Orthopaedics Private Limited reported revenue of ₹27.07 Cr (up 44% YoY) for FY 2023.
Revenue · FY 2023
₹27.07 Cr ▲ 44%
Net profit · FY 2023
₹2.06 Cr margin 7.6%
EBITDA · FY 2023
₹3.61 Cr margin 13.3%
Compounded Annual Growth Rate (CAGR) of Nirman Orthopaedics Private Limited
Revenue CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 22%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 36%
3 years · compounded
▲ 106%
5 years · compounded
▲ 27%
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 44% growth in the latest year. EBITDA rose 36% 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 of Nirman Orthopaedics Private Limited
| 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 | ₹27.07 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.61 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.06 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 of Nirman Orthopaedics Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Nirman Orthopaedics are in the company report.
Premium access
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Nirman Orthopaedics Private Limited
Nirman Orthopaedics has 7 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajiv Paradkar | Director | 16 May 2006 | 20 Years 5 Months | Current |
| Vrajesh Ramakant Shah | Director | 16 May 2006 | 20 Years 5 Months | Current |
| Minesh Khimjibhai Barochia Also directs: Deep Anaesthesia Associates Private Limited | Director | 15 Mar 2009 | 17 Years 7 Months | Current |
| Anant Murlidhar Rane Also directs: Deep Anaesthesia Associates Private Limited | Director | 15 Mar 2009 | 17 Years 7 Months | Current |
| Murli Jashanmal Motwani | Director | 15 Mar 2009 | 17 Years 7 Months | Current |
| Archana Rajiv Paradkar | Director | 15 Mar 2009 | 17 Years 7 Months | Current |
Showing 6 of 7 current directors. View all directors
Auditor Details of Nirman Orthopaedics Private Limited
Nirman Orthopaedics Private Limited is audited by MAHAJAN DOSHI & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MAHAJAN DOSHI & ASSOCIATES | Locked | Locked | Locked |
Premium access
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Nirman Orthopaedics Private Limited
Premium access
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Nirman Orthopaedics Private Limited
Open charges
₹9.07 Cr
Satisfied charges
₹11.56 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jun 2023 | Others | ₹8.6 Lakh | Satisfied |
| 15 Jun 2023 | Others | ₹6.71 Lakh | Satisfied |
| 15 Apr 2023 | Others | ₹23.8 Lakh | Satisfied |
| 29 Dec 2022 | Others | ₹20.8 Lakh | Satisfied |
| 09 May 2022 | Others | ₹16.7 Lakh | Satisfied |
Total charge records: 22 View all charges
Employees and EPFO Compliance at Nirman Orthopaedics Private Limited
Nirman Orthopaedics Private Limited has a workforce of 106 employees as of Apr 01, 2024.
Employee count
106
Active EPFO establishments
1
Employee growth
32.5%
Premium access
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Nirman Orthopaedics Private Limited
Nirman Orthopaedics Private Limited has 7 board changes on record since 2006: 7 appointments. The latest: Jayprakash Maheshkumar Soni was appointed as Additional Director on 24 Mar 2025.
AGM
Nirman Orthopaedics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 29 Dec 2022 via Charge ID 100662930 with Others was fully satisfied on 14 Jul 2025.
Charges
A charge registered on 09 May 2022 via Charge ID 100571240 with Others was fully satisfied on 08 Jul 2025.
Charges
A charge registered on 15 Jun 2023 via Charge ID 100740568 with Others was fully satisfied on 03 Jul 2025.
Charges
A charge registered on 15 Apr 2023 via Charge ID 100717986 with Others was fully satisfied on 03 Jul 2025.
Charges
A charge registered on 30 Jun 2023 via Charge ID 100749583 with Others was fully satisfied on 02 Jul 2025.
Charges
A charge registered on 27 Nov 2020 via Charge ID 100400878 with Others was fully satisfied on 21 Jun 2025.
Charges
A charge registered on 24 Nov 2020 via Charge ID 100392967 with Others was fully satisfied on 21 Jun 2025.
Filing
Nirman Orthopaedics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Jayprakash Maheshkumar Soni was appointed as Additional Director.
Charges
A charge with Others amounted to Rs. 8.60 Lakh with Charge ID 100749583 was registered on 30 Jun 2023.
Charges
A charge with Others amounted to Rs. 6.71 Lakh with Charge ID 100740568 was registered on 15 Jun 2023.
44 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Nirman Orthopaedics Private Limited
Premium access
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Nirman Orthopaedics Private Limited
Premium access
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Nirman Orthopaedics Private Limited
Premium access
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Nirman Orthopaedics Private Limited
Nirman Orthopaedics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCN3135E1ZZ | Gujarat | Active | 01 Jul 2017 |
Premium access
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Nirman Orthopaedics Private Limited
Premium access
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Nirman Orthopaedics Private Limited
Nirman Orthopaedics is an active private limited company based in Vadodara, Gujarat, India. The company works in preventive health services, within the healthcare industry. It was incorporated on 16 May 2006 (20+ years old) and is registered under CIN U85121GJ2006PTC048269.
Nirman Orthopaedics reported revenue of ₹27.07 Cr for FY 2023 (up 44% YoY).
Nirman Orthopaedics has 7 current directors:
- Rajiv Paradkar - Director
- Vrajesh Ramakant Shah - Director
- Minesh Khimjibhai Barochia - Director
- Anant Murlidhar Rane - Director
- Murli Jashanmal Motwani - Director
- Archana Rajiv Paradkar - Director
- Jayprakash Maheshkumar Soni - Additional Director
Nirman Orthopaedics reported a net profit of ₹2.06 Cr (net margin 7.6%) and EBITDA of ₹3.61 Cr (EBITDA margin 13.3%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nirman Orthopaedics is 22% over three years and 20% over five years. In the latest year (FY 2023) revenue rose 44%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nirman Orthopaedics is 24AACCN3135E1ZZ, registered in Gujarat.
The CIN (Corporate Identification Number) of Nirman Orthopaedics is U85121GJ2006PTC048269. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirman Orthopaedics was incorporated on 16 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jayprakash Maheshkumar Soni was appointed as Additional Director on 24 Mar 2025. Anant Murlidhar Rane was appointed as Director on 15 Mar 2009. Archana Rajiv Paradkar was appointed as Director on 15 Mar 2009. Nirman Orthopaedics has 7 board changes on record in total.
Yes, Nirman Orthopaedics is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0002806).