Orbit Ace Medicare Private Limited - Company Profile

It is a healthcare private limited company based in Chennai-600 031., Tamil Nadu, India, established in 2003.
2003 Chennai-600 031., Tamil Nadu, India Active
Last Updated:
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About Orbit Ace Medicare Private Limited

Orbit Ace Medicare Private Limited, a active private limited company, was established on 13 November 2003 in Chennai-600 031., Tamil Nadu, India. Engaging in medical equipment retail & distribution within the trade sector, it holds CIN: U51507TN2003PTC051950. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Guruswamy Shanmugavel Gnanasekar (Director), Myilvel Sankaran Yuvaraj (Director). Past directors included Karimullah Zameerullah. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No93, Mc Nichols Road,Chetpet, Chetpet,, Chennai-600 031., Tamil Nadu.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U51507TN2003PTC051950

  • Registration Number

    051950

  • Incorporation Date

    13 November 2003

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 22 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** 144.16%
  • Profit Growth **** -15.85%
  • Ebitda **** -16.88%
  • Net Worth 21.38%
  • Total Assets -66.49%
Company report

Orbit Ace Medicare Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Orbit Ace Medicare Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Orbit Ace Medicare Private Limited?
Current Directors
Name Designation Appointment Date Status
Guruswamy Shanmugavel Gnanasekar Director 13 Nov 2003 Current
Myilvel Sankaran Yuvaraj Director 13 Nov 2003 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 19 Feb 2014 Past

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Financial Performance of Orbit Ace Medicare.

Orbit Ace Medicare Private Limited, for the financial year ended 2018, experienced significant growth in revenue, with a 144.16% increase. The company also saw a substantial fall in profitability, with a 15.85% decrease in profit. The company's net worth Soared by an impressive increase of 21.38%.

Orbit Ace Medicare revenue growth over time
Orbit Ace Medicare profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 144.16%
*******
*******
*******
*******
Revenue from Operations
*******
 144.16%
*******
*******
*******
*******
Total Assets
*******
 -66.49%
*******
*******
*******
*******
Profit or Loss
*******
 -15.85%
*******
*******
*******
*******
Net Worth
*******
 21.38%
*******
*******
*******
*******
EBITDA
*******
 -16.88%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Orbit Ace Medicare?

In 2018, Orbit Ace Medicare had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Orbit Ace Medicare?

Unlock and access historical data on people associated with Orbit Ace Medicare, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Orbit Ace Medicare, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Orbit Ace Medicare's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Orbit Ace Medicare
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Orbit Ace Medicare Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Orbit Ace Medicare Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was recorded as a recent event.

  • Director Appointment

    The activity Guruswamy Shanmugavel Gnanasekar was appointed as a Director was appointed as a Director on 13 Nov 2003 & has been associated with this company since 22 years 3 months . was completed.

  • Director Appointment

    Progress on Myilvel Sankaran Yuvaraj was appointed as a Director was appointed as a Director on 13 Nov 2003 & has been associated with this company since 22 years 3 months . was documented.

  • Company Incorporation

    Orbit Ace Medicare Private Limited was registered on 13 Nov 2003 with Roc Chennai & aged 22 years 3 months as per MCA records. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Orbit Ace Medicare Private Limited?

The CIN of Orbit Ace Medicare Private Limited is U51507TN2003PTC051950.

Where is Orbit Ace Medicare Private Limited headquartered?

Orbit Ace Medicare Private Limited is headquartered at No93, Mc Nichols Road,Chetpet, Chetpet,, Chennai-600 031., Tamil Nadu.

When was Orbit Ace Medicare Private Limited incorporated?

Orbit Ace Medicare Private Limited was incorporated on 13 November 2003.

Who are the current directors of Orbit Ace Medicare Private Limited?

The current directors of Orbit Ace Medicare Private Limited are

What is the primary industry of Orbit Ace Medicare Private Limited?

The primary industry of Orbit Ace Medicare Private Limited is Trade.

Is Orbit Ace Medicare Private Limited a listed company?

Orbit Ace Medicare Private Limited is unlisted.

What is the capital structure of Orbit Ace Medicare Private Limited?

The authorized capital of Orbit Ace Medicare Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Orbit Ace Medicare Private Limited?

The compliance status of Orbit Ace Medicare Private Limited is Compliant.

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