Oivi Tech Private Limited - healthcare in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74999KA2019PTC121622 Incorporated 20 February 2019 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company healthcare MSME
Revenue · FY 2024
₹10.86 Cr
▲ 66% YoY
Net profit · FY 2024
₹1.41 Cr
Net margin 13%
EBITDA · FY 2024
₹2.23 Cr
EBITDA margin 20.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Oivi Tech Private Limited

Data last updated:

Oivi Tech Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Oivi A.S. It operates in the diabetes care and endocrinology clinics segment of the healthcare sector. It was incorporated on 20 February 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019PTC121622. Its GSTIN is 29AACCO8812B1ZK (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ahamed Khaleel Udyawar Abdul and Anders Eikenes.

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 Bangalore, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹10.86 Cr, a growth of 66% compared to the previous year. For the same year it recorded a net profit of ₹1.41 Cr (net margin 13%) and EBITDA of ₹2.23 Cr (EBITDA margin 20.5%). Revenue has grown at a compounded annual rate (CAGR) of 106% over three years.

The company is associated with 1 brand: Oivi.

Oivi Tech Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0147120). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website oivi.co.

Company details

CIN U74999KA2019PTC121622
Registration Number 121622
Incorporation Date 20 February 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Parent Company Oivi A.S
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0147120

Recognitions & Rankings of Oivi Tech

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-KR-03-0147120

Contact details

Oivi Tech Private Limited's registered office is in Bangalore, Karnataka. Its website is oivi.co. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    Sree Rama Deevena No 21 2nd And 3rd Floor, B Block Ulsoor Road, Bangalore, Karnataka, India – 560042
  • Industry
    Healthcare, Diabetes Care & Endocrinology Clinics

To see the full contact details of Oivi Tech Private Limited, buy the company report.

Comprehensive company report
Oivi Tech 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
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Brands

Oivi Tech operates one associated brand: Oivi. Each brand links to its own profile.

BrandDescriptionWebsite
Online platform for tracking eye diseases through teleconsultationoivi.co

Business activity

The main business activity of Oivi Tech is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Oivi Tech Private Limited, buy the company report.

Financials of Oivi Tech Private Limited

FY 2024 filings available

Oivi Tech Private Limited reported revenue of ₹10.86 Cr (up 66% YoY) for FY 2024.

Revenue · FY 2024
₹10.86 Cr ▲ 66%
Net profit · FY 2024
₹1.41 Cr margin 13%
EBITDA · FY 2024
₹2.23 Cr margin 20.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 66%
3 years · compounded
▲ 106%
EBITDA CAGR growth
1 year
▲ 368%
3 years · compounded
▲ 279%
5 years · compounded
▲ 153%

Revenue has grown at a compounded annual rate (CAGR) of 106% over three years, including 66% growth in the latest year. EBITDA rose 368% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹2.23 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.41 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin20.5%
Net Profit Margin13%
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 Oivi Tech Private Limited, buy the company report.

Board of directors of Oivi Tech Private Limited

Oivi Tech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Anders EikenesAdditional Director30 Apr 20197 Years 6 MonthsCurrent
Ahamed Khaleel Udyawar AbdulDirector20 Feb 20197 Years 8 MonthsCurrent

Auditor

Oivi Tech Private Limited is audited by TSJ AND ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
TSJ AND ASSOCIATESFY 2023S200076

Shareholding

The shareholding of Oivi Tech 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Oivi Tech Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Oivi Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Oivi Tech has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AACCO8812B1ZKKarnatakaActive31 May 2019

To see the full GST registrations and return filing status of Oivi Tech Private Limited, buy the company report.

Recent activity

Oivi Tech Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Anders Eikenes was appointed as Additional Director on 30 Apr 2019.

AGM
Oivi Tech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Oivi Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Anders Eikenes was appointed as Additional Director.
Ceased
Hemanth Kumar ceased to be Director.
Appointed
Ahamed Khaleel Udyawar Abdul was appointed as Director.
Incorporation
20 Feb 2019
Oivi Tech Private Limited was registered on 20 Feb 2019 with Roc Bangalore & aged 7 years 8 months as per MCA records.

Frequently asked questions

Oivi Tech is an active private limited company based in Bangalore, Karnataka, India. The company works in diabetes care and endocrinology clinics, within the healthcare industry. It was incorporated on 20 February 2019 (7+ years old) and is registered under CIN U74999KA2019PTC121622.

Oivi Tech has 2 current directors:

The latest financial statements of Oivi Tech 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 FY 2019 are in the company report.

The GSTIN of Oivi Tech is 29AACCO8812B1ZK, registered in Karnataka.

The CIN (Corporate Identification Number) of Oivi Tech is U74999KA2019PTC121622. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Oivi Tech was incorporated on 20 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.

Anders Eikenes was appointed as Additional Director on 30 Apr 2019. Hemanth Kumar ceased to be Director on 30 Apr 2019. Ahamed Khaleel Udyawar Abdul was appointed as Director on 20 Feb 2019.

Yes, Oivi Tech is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0147120).

Oivi Tech can be reached through the website oivi.co. Its registered office is in Bangalore, Karnataka, India.

The registered office of Oivi Tech is at Sree Rama Deevena No 21 2nd And 3rd Floor, B Block Ulsoor Road, Bangalore, Karnataka, India – 560042.