About Panacea Hospitals Private Limited
Data last updated: 27 July 2025
Panacea Hospitals Private Limited is a private limited company based in Bangalore., Karnataka, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It specialises in hospital and clinical services, a part of the broader healthcare sector. Incorporated on 01 November 2000, the company has been in operation for over 26 years.
Registered with ROC Bangalore under CIN U85110KA2000PTC028064.
Capital: an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.89 Cr. It is led by directors including Chikkagangawadi Chennaveeriah Sshivamurthy and Srinivas Karupakallu.
Last AGM: 27 September 2017. Financial statements filed for year ended 31 March 2017. Office: 334 3Rd Stage 4Th Block Basaveshwara Nagar, Bangalore., Karnataka, India – 560079.
As per the financials filed for FY 2017, the company reported a revenue of ₹30.11 Cr, a decline of 4% compared to the previous year.
The company has a workforce of approximately 142 employees as per the latest available data.
As per MCA filings, the company has open charges of ₹9.7 Cr and satisfied charges of ₹1.01 Cr on record.
The company is currently under liquidation - its assets are being sold to settle outstanding debts. It may lack the legal capacity to fulfil new agreements, and creditors are prioritised in the distribution of proceeds. The last known website on record is panaceahospital.com.
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Registered Address334 3Rd Stage 4Th Block Basaveshwara Nagar, Bangalore., Karnataka, India – 560079
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IndustryHealthcare, Hospitals
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Panacea Hospitals Private Limited
Panacea Hospitals Private Limited is engaged in the principal business activity of hospital and medical care, with detailed activities including hospital activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q1 | Hospital activities | Locked |
Business activity turnover details for Panacea Hospitals Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Panacea Hospitals Private Limited
Panacea Hospitals Private Limited is audited by P CHANDRASEKAR LLP for the financial year 2017. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P CHANDRASEKAR LLP | Locked | Locked | Locked |
Complete auditor history for Panacea Hospitals Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Panacea Hospitals Private Limited
Panacea Hospitals Private Limited is currently managed by 5 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chikkagangawadi Chennaveeriah Sshivamurthy | Director | 05 Nov 2003 | 22 Years 9 Months | As last reported |
| Srinivas Karupakallu | Director | 23 May 2004 | 22 Years 2 Months | As last reported |
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Channaveeraiah Jayanna
Also directs:
Phaneesh Hospitals Private Limited
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Managing Director | 13 Oct 2011 | 14 Years 10 Months | As last reported |
| Channabasappa Shivaprasad Mallenahalli | Director | 01 Nov 2006 | 19 Years 9 Months | As last reported |
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Surendra Kumar Nagella
Also directs:
Ceana Aesthetics And Body Products Private Limited
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Additional Director | 07 Apr 2016 | 10 Years 4 Months | As last reported |
Financials of Panacea Hospitals Private Limited FY 2017 filings available
Panacea Hospitals Private Limited reported revenue of ₹30.11 Cr (down 4.00% YoY) for FY 2017.
Ten-year financial statements for Panacea Hospitals Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Panacea Hospitals Private Limited
Shareholding and ownership data for Panacea Hospitals Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Group Structure of Panacea Hospitals Private Limited
Panacea Hospitals Private Limited has 1 associated company. This group structure data is as of FY 2017. The corporate group structure reflects Panacea Hospitals Private Limited's business expansion strategy and organizational complexity.
Charges & Borrowings of Panacea Hospitals Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Apr 2014 | Bank of India | ₹3.2 Cr | Open |
| 24 Apr 2009 | State Bank of India | ₹6.5 Cr | Open |
| 19 Oct 2007 | Bank of India | ₹25 Lakh | Satisfied |
| 23 Jun 2007 | H D F C Bank Limited | ₹12.87 Lakh | Satisfied |
| 23 Feb 2007 | H D F C Bank Limited | ₹19.27 Lakh | Satisfied |
Total charge records: 8 View all charges
Employees and EPFO Compliance at Panacea Hospitals Private Limited
Panacea Hospitals Private Limited has a workforce of 142 employees as of Apr 03, 2024.
Employee and EPFO history for Panacea Hospitals Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Panacea Hospitals Private Limited
GST registrations and filing compliance for Panacea Hospitals Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Panacea Hospitals Private Limited
Credit ratings, litigation, and regulatory alerts for Panacea Hospitals Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Panacea Hospitals Private Limited
MSME payment history for Panacea Hospitals Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Panacea Hospitals Private Limited
Corporate group structure for Panacea Hospitals Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Panacea Hospitals Private Limited
MCA filings and documents for Panacea Hospitals Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Panacea Hospitals Private Limited
Frequently Asked Questions about Panacea Hospitals Private Limited
Panacea Hospitals Private Limited is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Panacea Hospitals Private Limited is a company under liquidation, formerly operating as a private limited company in the healthcare sector based in Bangalore, Karnataka, India. It was incorporated on 01 November 2000 and is registered under CIN U85110KA2000PTC028064. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Panacea Hospitals Private Limited reported revenue of ₹30.11 Cr for FY 2017 (down 4.00% YoY).
The current directors of Panacea Hospitals Private Limited are:
- Chikkagangawadi Chennaveeriah Sshivamurthy - Director
- Srinivas Karupakallu - Director
- Channaveeraiah Jayanna - Managing Director
- Channabasappa Shivaprasad Mallenahalli - Director
- Surendra Kumar Nagella - Additional Director
The CIN (Corporate Identification Number) of Panacea Hospitals Private Limited is U85110KA2000PTC028064. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panacea Hospitals Private Limited has open charges of ₹9.7 Cr and satisfied charges of ₹1.01 Cr as per latest MCA filings.