MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0013117
Quasar Hospitals Private Limited
Quasar Hospitals Private Limited - healthcare in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹25.26 Cr
▲ 10% YoY
Net profit · FY 2024
₹4.3 Cr
Net margin 17%
EBITDA · FY 2024
₹6.48 Cr
EBITDA margin 25.6%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹29.83 Cr
Secured borrowings
Company age
21 yrs
Est. 2005
Employees · EPFO
83
Provident fund records
About Quasar Hospitals Private Limited
Data last updated:
Quasar Hospitals Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the preventive healthcare segment of the healthcare sector. It was incorporated on 24 February 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85110MH2005PTC151554. Its GSTIN is 27AAACQ1227C1ZZ (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Sangeeta Vrajesh Shah and Tanvi Vrajesh Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ratan Apts S V Roadopp Shimpoli Road Borivali (W), Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.26 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹4.3 Cr (net margin 17%) and EBITDA of ₹6.48 Cr (EBITDA margin 25.6%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 42% over five years.
The company has about 83 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹29.83 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2019. Its 8 peer companies in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (hospital activities) are compared by revenue, 3 larger and 5 smaller; the largest is Vidharbha Institute of Medical Sciences Private Limited with revenue of ₹25.37 Cr.
Quasar Hospitals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0013117). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U85110MH2005PTC151554
Registration Number 151554
Incorporation Date 24 February 2005
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0013117
Key People
Sangeeta Vrajesh Shah Director Tanvi Vrajesh Shah Director Vrajesh Chandrakant Shah Director Recognitions & Rankings of Quasar Hospitals
Contact details
Quasar Hospitals Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressRatan Apts S V Roadopp Shimpoli Road Borivali (W), Mumbai, Maharashtra, India – 400092
- IndustryHealthcare, Preventive Health Services
To see the full contact details of Quasar Hospitals Private Limited, buy the company report.
Comprehensive company report
Quasar Hospitals 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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Business activity
The main business activity of Quasar Hospitals 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 Quasar Hospitals Private Limited, buy the company report.
Financials of Quasar Hospitals Private Limited
FY 2025 filings availableQuasar Hospitals Private Limited reported revenue of ₹25.26 Cr (up 10% YoY) for FY 2024.
Revenue · FY 2024
₹25.26 Cr ▲ 10%
Net profit · FY 2024
₹4.3 Cr margin 17%
EBITDA · FY 2024
₹6.48 Cr margin 25.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 33%
5 years · compounded
▲ 42%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 45%
5 years · compounded
▲ 116%
Revenue has grown at a compounded annual rate (CAGR) of 42% over five years, including 10% growth in the latest year. EBITDA rose 10% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Revenue from Operations | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹6.48 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.3 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.6% | ||||
| Net Profit Margin | 17% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Quasar Hospitals Private Limited, buy the company report.
Board of directors of Quasar Hospitals Private Limited
Quasar Hospitals has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sangeeta Vrajesh Shah | Director | 24 Feb 2005 | 21 Years 8 Months | Current |
| Tanvi Vrajesh Shah Also directs: Apex Criticare LLP, Apex Superspeciality Hospitals Private Limited | Director | 24 Sep 2022 | 4 Years 1 Months | Current |
| Vrajesh Chandrakant Shah | Director | 24 Feb 2005 | 21 Years 8 Months | Current |
Peer comparison
Quasar Hospitals Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Vidharbha Institute of Medical Sciences Private Limited | ₹25.37 Cr (FY 2025) | 14.0% | Nagpur, Maharashtra, India | |||
| Kumaran Hospitals Private Limited | ₹25.35 Cr (FY 2024) | 12.0% | Tamil Nadu, India | |||
| GSM Lifecare Private Limited | ₹25.34 Cr (FY 2025) | 70.0% | Mumbai, Maharashtra, India | |||
| Quasar Hospitals Private Limitedthis company | ₹25.26 Cr (FY 2024) | ₹4.3 Cr | 17% | 10.0% | Mumbai, Maharashtra, India | |
| A and E Hospitals Private Limited | ₹25.24 Cr (FY 2025) | 26.0% | Malappuram, Kerala, India | |||
| Eesaar Healthcare Private Limited | ₹25.23 Cr (FY 2024) | 23.0% | Srinagar, Jammu and Kashmir, India | |||
| Kims Kottayam Institute of Medical Sciences Private Limited | ₹25.22 Cr (FY 2025) | 7.0% | Thiruvananthapuram, Kerala, India | |||
| Acme Healthcenter Private Limited | ₹25.12 Cr (FY 2025) | 49.0% | Mumbai, Maharashtra, India | |||
| Ravi Institute of Child Health Private Limited | ₹25.1 Cr (FY 2022) | 1.0% | Nellore.Andhra Pradesh, Andhra Pradesh, India |
To see the full peer comparison of Quasar Hospitals Private Limited, buy the company report.
Auditor
Quasar Hospitals Private Limited is audited by VIRAL SHAH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIRAL SHAH & CO | FY 2023 | 111552W |
Shareholding
The shareholding of Quasar Hospitals Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Quasar Hospitals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹29.83 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Mar 2025 | 101071456 | Others | ₹2.5 Cr | Open | |
| 21 Jun 2024 | 100944142 | Others | ₹3 Cr | Open | |
| 26 Jul 2019 | 100279780 | The Bharat Co-Operative Bank(Mumbai) Ltd | ₹1 Cr | Open | |
| 26 Jul 2019 | 100279782 | Others | ₹75 Lakh | Open | |
| 24 Jan 2019 | 100238944 | Others | ₹3 Cr | Open |
To see the full charge records of Quasar Hospitals Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Quasar Hospitals Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2019.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Haren Pandya HUF, Wellness Care Hospitals Private Limited , 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Quasar Hospitals Private Limited has 1 court case on record: 1 filed by Quasar Hospitals. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Municipal Corporation of Greater Mumbai and Anr and 1 other | Pending |
To see the full case history of Quasar Hospitals 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
No delayed payments to MSME suppliers are on our record for Quasar Hospitals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Quasar Hospitals has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACQ1227C1ZZ | Maharashtra | Active | 01 Jul 2017 |
| 27AAACQ1227C2ZY | Maharashtra | Active | 17 Mar 2022 |
To see the full GST registrations and return filing status of Quasar Hospitals Private Limited, buy the company report.
Recent activity
Quasar Hospitals Private Limited has 6 board changes on record since 2005: 3 appointments and 3 cessations. The latest: Tanvi Vrajesh Shah ceased to be Additional Director on 30 Sep 2022.
AGM
Quasar Hospitals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Quasar Hospitals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 250.00 Lakh with Charge ID 101071456 was registered on 18 Mar 2025.
Charges
A charge with Others of Rs. 1,587.70 Lakh registered on 08 Nov 2016 with Charge ID 100063702 was modified on 18 Mar 2025.
Charges
A charge with Others amounted to Rs. 300.00 Lakh with Charge ID 100944142 was registered on 21 Jun 2024.
Charges
A charge with The Bharat Co-Operative Bank(Mumbai) Ltd of Rs. 100.00 Lakh registered on 26 Jul 2019 with Charge ID 100279780 was modified on 01 Mar 2023.
Ceased
Tanvi Vrajesh Shah ceased to be Additional Director.
Appointed
Tanvi Vrajesh Shah was appointed as Director.
Charges
A charge with Others amounted to Rs. 75.00 Lakh with Charge ID 100279782 was registered on 26 Jul 2019.
Charges
A charge with The Bharat Co-Operative Bank(Mumbai) Ltd amounted to Rs. 100.00 Lakh with Charge ID 100279780 was registered on 26 Jul 2019.
Charges
A charge with Others amounted to Rs. 300.00 Lakh with Charge ID 100238944 was registered on 24 Jan 2019.
Ceased
Vikas Kanaiyalal Modi ceased to be Director.
8 earlier events are in the company report.
Frequently asked questions
Quasar Hospitals is an active private limited company based in Mumbai, Maharashtra, India. The company works in preventive health services, within the healthcare industry. It was incorporated on 24 February 2005 (21+ years old) and is registered under CIN U85110MH2005PTC151554.
Quasar Hospitals has 3 current directors:
- Sangeeta Vrajesh Shah - Director
- Tanvi Vrajesh Shah - Director
- Vrajesh Chandrakant Shah - Director
The latest financial statements of Quasar Hospitals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Quasar Hospitals is 27AAACQ1227C1ZZ, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAACQ1227C2ZY (Maharashtra).
The CIN (Corporate Identification Number) of Quasar Hospitals is U85110MH2005PTC151554. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quasar Hospitals has 1 court case on record: 1 filed by the company. 1 is pending.
Quasar Hospitals was incorporated on 24 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Quasar Hospitals has 1 deal on record (1 secondary share transfer); the latest was in March 2019.
The peers of Quasar Hospitals by revenue are Vidharbha Institute of Medical Sciences Private Limited, Kumaran Hospitals Private Limited, GSM Lifecare Private Limited, A and E Hospitals Private Limited, Eesaar Healthcare Private Limited and 3 more, all in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (hospital activities).
Tanvi Vrajesh Shah ceased to be Additional Director on 30 Sep 2022. Tanvi Vrajesh Shah was appointed as Director on 24 Sep 2022. Vikas Kanaiyalal Modi ceased to be Director on 30 Sep 2018. Quasar Hospitals has 6 board changes on record in total.
Yes, Quasar Hospitals is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0013117).
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