About Nova Medical Centers Private Limited
Data last updated:
Nova Medical Centers Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the hospital and clinical services segment of the healthcare sector. It was incorporated on 07 January 2009.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U85110MH2009PTC375301. Its GSTIN is 29AACCN9242N1ZU (Karnataka). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹138.56 Cr and a paid-up capital of ₹110.24 Cr. It was led by directors including Ritesh Pandey and Bhushan Sudhir Bopardikar.
Its last annual general meeting (AGM) was held on 29 August 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 7A 9th Floor Pinnacle Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.23 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹87.1 Lakh (net margin 39.1%) and EBITDA of ₹69.65 Cr. Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 15% over five years.
The company had about 5 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 7 subsidiaries.
The company was associated with 4 brands: Nova IVI Fertility, Nova IVF Fertility, Win88 and Nova Specialty Hospitals. As per MCA filings, the company had satisfied charges of ₹15.43 Cr on record. Court records list 12 cases involving the company, including 10 filed by the company and 2 filed against it. The company has 30 deals on record (12 secondary share transfers, 9 funding rounds, 7 rights issues), with disclosed funding of ₹570.43 Cr; the latest was in October 2023. Its 6 peer companies in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (hospital activities) are compared by revenue, 3 larger and 3 smaller; the largest is Jaypee Healthcare Limited with revenue of ₹466.7 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier.
The last known website on record is novaivffertility.com.
Company details
CIN history
Nova Medical Centers has one previous CIN (Corporate Identification Number): U85110KA2009PTC048832. The current CIN is U85110MH2009PTC375301, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110MH2009PTC375301 | Current |
| U85110KA2009PTC048832 | Previous |
Contact details
Nova Medical Centers Private Limited's registered office is in Mumbai, Maharashtra. Its website is novaivffertility.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address7A 9th Floor Pinnacle Corporate Park Bldg No.19 A Wing G – Block Bandra Kurla Complex, B Andra East India, Mumbai, Maharashtra, India – 400051
- IndustryHealthcare, Hospitals
To see the full contact details of Nova Medical Centers 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
Brands
Nova Medical Centers operates multiple associated brands including Nova IVI Fertility, Nova IVF Fertility, and Win88. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A chain of fertility clinics is operated in India. | novaivifertility.com | |
| Chain of IVF centers | novaivffertility.com | |
| Win88 is recognized as an online slot gaming platform. | novamedicalcenters.com | |
| Chain of ambulatory surgery centres | novaspecialtyhospitals.com |
Business activity
The main business activity of Nova Medical Centers is hospital and medical care. In detail, this covers hospital activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q1 | Hospital activities |
To see the full business activity and turnover split of Nova Medical Centers Private Limited, buy the company report.
Financials of Nova Medical Centers Private Limited
FY 2023 filings availableNova Medical Centers Private Limited reported revenue of ₹2.23 Cr (up 32% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 32% growth in the latest year. EBITDA rose 83% 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 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 | ₹2.23 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹69.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹87.1 Lakh | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | 39.1% | ||||
| 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 Nova Medical Centers Private Limited, buy the company report.
Board of directors of Nova Medical Centers Private Limited
Nova Medical Centers has 5 current directors and 28 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritesh Pandey | Director | 30 Oct 2019 | 7 Years 0 Months | As last reported |
| Bhushan Sudhir Bopardikar | Nominee Director | 25 Mar 2021 | 5 Years 7 Months | As last reported |
| Ankur Nand Thadani Also directs: Asia Healthcare Holdings Advisory LLP, Rhea Healthcare Private Limited, Karbonite Ventures LLP and 5 more | Nominee Director | 24 May 2019 | 7 Years 5 Months | As last reported |
| Mayank Rawat Also directs: Rhea Healthcare Private Limited, Skyroot Aerospace Private Limited | Nominee Director | 20 May 2022 | 4 Years 5 Months | As last reported |
| Vishal Bali Also directs: Asia Healthcare Holdings Advisory LLP, Meskhenet Healthcare Private Limited, Svas Med Private Limited and 5 more | Nominee Director | 24 May 2019 | 7 Years 5 Months | As last reported |
Peer comparison
Nova Medical Centers Private Limited is compared with the 6 companies closest to it by revenue in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (hospital activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jaypee Healthcare Limited | ₹466.7 Cr (FY 2025) | 11.0% | Gurgaon, Haryana, India | |||
| Apollomedics International Lifesciences Limited | ₹450.72 Cr (FY 2025) | 11.0% | Lucknow, Uttar Pradesh, India | |||
| MGM Healthcare Private Limited | ₹438.59 Cr (FY 2024) | 21.0% | Chennai, Tamil Nadu, India | |||
| Miot Hospitals Private Limited | ₹432.97 Cr (FY 2024) | 12.0% | Chennai, Tamil Nadu, India | |||
| Lakeshore Hospital and Research Centre Limited | ₹415.75 Cr (FY 2025) | 3.0% | Kochi, Kerala, India | |||
| Global Health Patliputra Private Limited | ₹410.77 Cr (FY 2025) | 42.0% | New Delhi, Delhi, India | |||
| Nova Medical Centers Private Limitedthis company | ₹2.23 Cr (FY 2023) | ₹87.1 Lakh | 39.1% | 32.0% | 5 | Mumbai, Maharashtra, India |
To see the full peer comparison of Nova Medical Centers Private Limited, buy the company report.
Auditor
Nova Medical Centers Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Nova Medical Centers 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 Nova Medical Centers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2010 | 10256086 | Axis Bank Limited | ₹15.43 Cr | Satisfied |
To see the full charge records of Nova Medical Centers Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Nova Medical Centers Private Limited has 30 deals on record (12 secondary share transfers, 9 funding rounds, 7 rights issues), with disclosed funding of ₹570.43 Cr; the latest was in October 2023.
Deals on record (5 of 30)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2023 | Rights issue | ₹81.74 Cr | Investors: TPG Capital India, 3 individuals |
| Jul 2022 | Rights issue | ₹71.05 Cr | Investors: TPG Capital India, 3 individuals Seller: an individual |
| May 2022 | Secondary share transfer | Undisclosed | Buyer: TPG Capital India Seller: New Enterprise Associates |
| May 2019 | Secondary share transfer | Undisclosed | Buyer: TPG Capital India Seller: Amethyst Technology Company Ltd, New Enterprise Associates, GTI Capital |
| Mar 2010 | Funding round | ₹1.76 Cr | Investors: Victus Capital Services LLP , GTI Capital, an individual |
To see the full deal history of Nova Medical Centers Private 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
Nova Medical Centers Private Limited has 12 court cases on record: 10 filed by Nova Medical Centers, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 1 | 0 |
| District courts | 5 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Ms. Artha Health Options Pvt Ltd., and 1 other | Disposed |
| High Court | Tax appeal | Filed against the company by The PR Commissioner of Income Tax Cit (A) and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Court case (A.S.) | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Court case (COP) | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Appeal | Filed by the company against an individual | Disposed |
To see the full case history of Nova Medical Centers 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
Nova Medical Centers Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Clonect Solutions Private Limited |
To see the full MSME payment records of Nova Medical Centers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Nova Medical Centers has 7 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Neo Art Repository Private Limited | U51909MH2013PTC374635 | |
| Nova Pulse Ivf Clinic Private Limited | U74900MH2010PTC375458 | |
| Svas Med Private Limited | U85100DL2010PTC205726 | |
| Origin International Fertility Centre Private Limited | U85100MH2007PTC171739 | |
| Nova Pulse Ivf Clinic Ahmedabad Private Limited | U85110MH2003PTC399964 | |
| Nova Medical Centers NCR Region Private Limited | U85110MH2010PTC376910 |
To see the full group structure of Nova Medical Centers Private Limited, buy the company report.
Employees & EPFO
Nova Medical Centers Private Limited has a workforce of 5 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Nova Medical Centers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCN9242N1ZU | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nova Medical Centers Private Limited, buy the company report.
Recent activity
Nova Medical Centers Private Limited has 31 board changes on record since 2009: 5 appointments and 26 cessations. The latest: Mayank Rawat was appointed as Nominee Director on 20 May 2022.
25 earlier events are in the company report.
News
Frequently asked questions
Nova Medical Centers has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Nova Medical Centers was a private limited company based in Mumbai, Maharashtra, India. The company worked in hospitals, within the healthcare industry. It was incorporated on 07 January 2009 and is registered under CIN U85110MH2009PTC375301. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Nova Medical Centers was incorporated on 07 January 2009. It is registered with the Registrar of Companies, Mumbai.
Nova Medical Centers had 5 directors:
- Ritesh Pandey - Director
- Bhushan Sudhir Bopardikar - Nominee Director
- Ankur Nand Thadani - Nominee Director
- Mayank Rawat - Nominee Director
- Vishal Bali - Nominee Director
The CIN (Corporate Identification Number) of Nova Medical Centers is U85110MH2009PTC375301. 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 Nova Medical Centers is at 7A 9th Floor Pinnacle Corporate Park Bldg No.19 A Wing G – Block Bandra Kurla Complex, B Andra East India, Mumbai, Maharashtra, India – 400051.
Nova Medical Centers can be reached through the website novaivffertility.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Nova Medical Centers on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 August 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Nova Medical Centers is 29AACCN9242N1ZU, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Nova Medical Centers operated in the healthcare industry, in the hospitals segment.
Nova Medical Centers has 30 deals on record (12 secondary share transfers, 9 funding rounds, 7 rights issues), with disclosed funding of ₹570.43 Cr; the latest was in October 2023.
The peers of Nova Medical Centers by revenue are Jaypee Healthcare Limited, Apollomedics International Lifesciences Limited, MGM Healthcare Private Limited, Miot Hospitals Private Limited, Lakeshore Hospital and Research Centre Limited and 1 more, all in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (hospital activities).
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