MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-UP-75-0005783
Popular Medicare Limited - healthcare in Varanasi, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹105.5 Cr
▲ 15% YoY
Net profit · FY 2025
₹25.79 Cr
Net margin 24.4%
EBITDA · FY 2025
₹35.96 Cr
EBITDA margin 34.1%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹5.05 Lakh
Issued & subscribed
Open charges
₹29.77 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Employees · EPFO
149
Provident fund records
About Popular Medicare Limited
Data last updated:
Popular Medicare Limited is a public limited company based in Varanasi, Uttar Pradesh, India. It operates in the hospital and clinical services segment of the healthcare sector. It was incorporated on 09 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U85100UP2008PLC035997. Its GSTIN is 09AAECP9373Q1ZE (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5.05 Lakh. It is led by directors including Kiran Kaushik and Binay Kumar Barnwal.
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 N – 10/60 – A – 2 Kakarmatta, Varanasi, Uttar Pradesh, India – 221004.
As per the financials filed for FY 2025, the company reported a revenue of ₹105.5 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹25.79 Cr (net margin 24.4%) and EBITDA of ₹35.96 Cr (EBITDA margin 34.1%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 19% over five years.
The company has about 149 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Popular Hospital. As per MCA filings, the company has open charges of ₹29.77 Cr on record. Court records list 21 cases involving the company, including 3 filed by the company and 18 filed against it; 3 cases are pending.
Popular Medicare Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-75-0005783). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website popularhospital.in.
Company details
CIN U85100UP2008PLC035997
Registration Number 035997
Incorporation Date 09 September 2008
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-UP-75-0005783
Recognitions & Rankings of Popular Medicare
Contact details
Popular Medicare Limited's registered office is in Varanasi, Uttar Pradesh. Its website is popularhospital.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressN – 10/60 – A – 2 Kakarmatta, Varanasi, Uttar Pradesh, India – 221004
- IndustryHealthcare, Hospitals
To see the full contact details of Popular Medicare Limited, buy the company report.
Comprehensive company report
Popular Medicare 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Popular Medicare operates one associated brand: POPULAR HOSPITAL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides state-of-the-art trauma, medical, and surgical services as a multi-specialty hospital. | popularhospital.in |
Business activity
The main business activity of Popular Medicare 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 Popular Medicare Limited, buy the company report.
Financials of Popular Medicare Limited
FY 2024 filings availablePopular Medicare Limited reported revenue of ₹105.5 Cr (up 15% YoY) for FY 2025.
Revenue · FY 2025
₹105.5 Cr ▲ 15%
Net profit · FY 2025
₹25.79 Cr margin 24.4%
EBITDA · FY 2025
₹35.96 Cr margin 34.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 18%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 49%
5 years · compounded
▲ 39%
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 15% growth in the latest year. EBITDA rose 26% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹35.96 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹25.79 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.1% | ||||
| Net Profit Margin | 24.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Popular Medicare Limited, buy the company report.
Board of directors of Popular Medicare Limited
Popular Medicare has 5 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Kaushik | Director | 09 Sep 2008 | 18 Years 1 Months | Current |
| Akshat Kaushik Also directs: Av Coreinfra LLP, TNC Technologies LLP | Additional Director | 07 Aug 2025 | 1 Years 2 Months | Current |
| Binay Kumar Barnwal | Director | 09 Sep 2008 | 18 Years 1 Months | Current |
| Awadhesh Kumar Kaushik | Director | 09 Sep 2008 | 18 Years 1 Months | Current |
| Mohit Kaushik Also directs: Av Coreinfra LLP, Careloop Carebridge LLP | Additional Director | 07 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Popular Medicare 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 |
|---|---|---|---|---|---|---|
| Andhra Hospitals (Vijayawada) Private Limited | ₹107.15 Cr (FY 2024) | 14.0% | Vijayawada, Andhra Pradesh, India | |||
| Starcare Hospital Kozhikode Private Limited | ₹106.05 Cr (FY 2025) | 29.0% | Kozhikode, Kerala, India | |||
| Aarvy Healthcare Private Limited | ₹105.53 Cr (FY 2025) | 63.0% | Gurgaon, Haryana, India | |||
| Popular Medicare Limitedthis company | ₹105.5 Cr (FY 2025) | ₹25.79 Cr | 24.4% | 15.0% | 149 | Varanasi, Uttar Pradesh, India |
| Suyash Institute of Medical Science Private Limited | ₹104.97 Cr (FY 2025) | 20.0% | Raipur, Chhattisgarh, India | |||
| Abhayanjaneya Health Care Private Limited | ₹103.41 Cr (FY 2025) | 7.0% | Nellore, Andhra Pradesh, India | |||
| Viveka Super Speciality Hospital and Research Centre Private Limited | ₹103.27 Cr (FY 2025) | 14.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Popular Medicare Limited, buy the company report.
Auditor
Popular Medicare Limited is audited by S. AHUJA AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. AHUJA AND ASSOCIATES | FY 2023 | 008300C |
Shareholding
The shareholding of Popular Medicare 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Popular Medicare Limited, buy the company report.
Charges & borrowings
Open charges
₹29.77 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Feb 2023 | 100713212 | Hdfc Bank Limited | ₹22.86 Cr | Open | |
| 22 Sep 2021 | 100480270 | Sidbi | ₹2 Cr | Open | |
| 18 Sep 2021 | 100480284 | Sidbi | ₹1 Cr | Open | |
| 26 Mar 2020 | 100338855 | Hdfc Bank Limited | ₹1 Cr | Open | |
| 28 Nov 2013 | 10468370 | India Infoline Finance Limited | ₹6.4 Lakh | Open |
To see the full charge records of Popular Medicare Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Popular Medicare Limited has 21 court cases on record: 3 filed by Popular Medicare, 18 filed against it. 3 cases are pending and 18 are disposed.
Total cases
21
Filed by the company
3
Filed against the company
18
Pending
3
Disposed
18
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 18 | 2 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Transasia Bio Medicals Ltd. | Disposed |
| Allahabad High Court | Writ petition | Filed by the company against State of U.P. and 4 Others | Pending |
| District court, Varanasi, Uttar Pradesh | Criminal miscellaneous application | Filed by the company against M/S Boot and Boost Interprenyor LLP Ltd | Pending |
| District court, Auraiya, Uttar Pradesh | Motor accident claim | Filed against the company by an individual | Pending |
| District court, Varanasi, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Disposed |
To see the full case history of Popular Medicare 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
No delayed payments to MSME suppliers are on our record for Popular Medicare Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Popular Medicare has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Popular Institute of Medical Foundation | U80904UP2017NPL092718 |
To see the full group structure of Popular Medicare Limited, buy the company report.
Employees & EPFO
Popular Medicare Limited has a workforce of 149 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
149
Active EPFO establishments
1
Employee growth
-27.32%
GST
Popular Medicare has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAECP9373Q1ZE | Uttar Pradesh | Active | 23 Sep 2022 |
To see the full GST registrations and return filing status of Popular Medicare Limited, buy the company report.
Recent activity
Popular Medicare Limited has 5 board changes on record since 2008: 5 appointments. The latest: Akshat Kaushik was appointed as Additional Director on 07 Aug 2025.
Appointed
Akshat Kaushik was appointed as Additional Director.
Appointed
Mohit Kaushik was appointed as Additional Director.
AGM
Popular Medicare Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Popular Medicare Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
Charges
A charge with Hdfc Bank Limited of Rs. 2,286.25 Lakh registered on 25 Feb 2023 with Charge ID 100713212 was modified on 20 Feb 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2,286.25 Lakh with Charge ID 100713212 was registered on 25 Feb 2023.
Charges
A charge with Sidbi amounted to Rs. 200.00 Lakh with Charge ID 100480270 was registered on 22 Sep 2021.
Charges
A charge with Sidbi amounted to Rs. 100.00 Lakh with Charge ID 100480284 was registered on 18 Sep 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 100.00 Lakh with Charge ID 100338855 was registered on 26 Mar 2020.
Charges
A charge with India Infoline Finance Limited amounted to Rs. 6.40 Lakh with Charge ID 10468370 was registered on 28 Nov 2013.
Charges
A charge with State Bank Of India amounted to Rs. 84.00 Lakh with Charge ID 10333342 was registered on 19 Jan 2012.
Charges
A charge with Bank Of Baroda amounted to Rs. 200.00 Lakh with Charge ID 10202430 was registered on 02 Feb 2010.
4 earlier events are in the company report.
Frequently asked questions
Popular Medicare is an active public limited company based in Varanasi, Uttar Pradesh, India. The company works in hospitals, within the healthcare industry. It was incorporated on 09 September 2008 (18+ years old) and is registered under CIN U85100UP2008PLC035997.
Popular Medicare has 5 current directors:
- Kiran Kaushik - Director
- Akshat Kaushik - Additional Director
- Binay Kumar Barnwal - Director
- Awadhesh Kumar Kaushik - Director
- Mohit Kaushik - Additional Director
The latest financial statements of Popular Medicare 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 2015 are in the company report.
The GSTIN of Popular Medicare is 09AAECP9373Q1ZE, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Popular Medicare is U85100UP2008PLC035997. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Popular Medicare has 21 court cases on record: 3 filed by the company and 18 filed against it. 3 are pending. Most are in the district courts.
Popular Medicare was incorporated on 09 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Popular Medicare by revenue are Andhra Hospitals (Vijayawada) Private Limited, Starcare Hospital Kozhikode Private Limited, Aarvy Healthcare Private Limited, Suyash Institute of Medical Science Private Limited, Abhayanjaneya Health Care Private Limited and 1 more, all in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (hospital activities).
Akshat Kaushik was appointed as Additional Director on 07 Aug 2025. Mohit Kaushik was appointed as Additional Director on 07 Aug 2025. Awadhesh Kumar Kaushik was appointed as Director on 09 Sep 2008. Popular Medicare has 5 board changes on record in total.
Yes, Popular Medicare is registered as a medium enterprise under Udyam registration (number: UDYAM-UP-75-0005783).
Popular Medicare can be reached through the website popularhospital.in. Its registered office is in Varanasi, Uttar Pradesh, India.