About Rafindia Medecho Private Limited
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Rafindia Medecho Private Limited is a foreign private limited company based in Lucknow, Uttar Pradesh, India, a subsidiary of Medecho Limited and recognised as a startup by DPIIT. It operates in the business process outsourcing sector. It was incorporated on 14 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U74999UP2017FTC096963. Its GSTIN is 09AAICR5225K1Z1 (Uttar Pradesh).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Fares Shaban and Aazam Kabirahmed Durban.
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 1018/19 10th Floor Cyber Heights Tc/G – 2/2&5/5 Vibhuti Khand Gomti Nagar, Lucknow, Uttar Pradesh, India – 226010.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.99 Lakh. For the same year it recorded a net loss of ₹1.47 Lakh (net margin -73.9%) and EBITDA of -₹1.47 Lakh (EBITDA margin -73.9%). Revenue has declined at a compounded annual rate (CAGR) of 80% over three years and 62% over five years.
The company has about 52 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website medecho.com.
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- Registered Address1018/19 10th Floor Cyber Heights Tc/G – 2/2&5/5 Vibhuti Khand Gomti Nagar, Lucknow, Uttar Pradesh, India – 226010
- IndustryBusiness Outsourcing, Business Process Outsourcing
- 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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Financials of Rafindia Medecho Private Limited FY 2025 filings available
Rafindia Medecho Private Limited reported revenue of ₹1.99 Lakh for FY 2024.
Compounded Annual Growth Rate (CAGR) of Rafindia Medecho Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 62% over five years. EBITDA rose 97% 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 of Rafindia Medecho Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | -₹1.47 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.47 Lakh | •••• | •••• | •••• | •••• |
| 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 of Rafindia Medecho Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -73.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -73.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Rafindia Medecho are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Rafindia Medecho Private Limited
Rafindia Medecho Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Diversified BPO). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Squadcx Global Private Limited | ₹2.06 Lakh (FY 2024) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Spiro System Private Limited | ₹2 Lakh (FY 2025) | •••• | •••• | -99.0% | •••• | Chennai, Tamil Nadu, India |
| Opk Infotech Private Limited | ₹2 Lakh (FY 2024) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Epr Compliance Private Limited | ₹2 Lakh (FY 2024) | •••• | •••• | -92.0% | •••• | Mumbai, Maharashtra, India |
| Articus Solutions Private Limited | ₹1.99 Lakh (FY 2024) | •••• | •••• | -23.0% | •••• | Hyderabad, Telangana, India |
| Rafindia Medecho Private Limited this company | ₹1.99 Lakh (FY 2024) | •••• | •••• | •••• | Lucknow, Uttar Pradesh, India | |
| Nutbut Entirety Private Limited | ₹1.99 Lakh (FY 2018) | •••• | •••• | •••• | Chinhat Lucknow, Uttar Pradesh, India | |
| Zsoft Technology Services Private Limited | ₹1.99 Lakh (FY 2023) | •••• | •••• | -65.0% | •••• | Hyderabad, Telangana, India |
| Azimuth Infotech Private Limited | ₹1.97 Lakh (FY 2025) | •••• | •••• | -59.0% | •••• | Mumbai, Maharashtra, India |
| CBG Infotech Private Limited | ₹1.96 Lakh (FY 2025) | •••• | •••• | -96.0% | •••• | New Delhi, Delhi, India |
| Bangour Enterprises Private Limited | ₹1.96 Lakh (FY 2019) | •••• | •••• | -6.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Rafindia Medecho by revenue in the Outsourcing industry (Diversified BPO), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Rafindia Medecho Private Limited
Rafindia Medecho Private Limited is audited by R R GOHIL & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R R GOHIL & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Rafindia Medecho Private Limited
Rafindia Medecho has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Fares Shaban Also directs: Kbsa Staffing Solutions Private Limited | Director | 14 Sep 2017 | 9 Years 1 Months | Current |
| Aazam Kabirahmed Durban | Director | 17 Sep 2020 | 6 Years 0 Months | Current |
Ownership and Shareholding of Rafindia Medecho Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Rafindia Medecho Private Limited
Rafindia Medecho Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Rafindia Medecho Private Limited
Rafindia Medecho Private Limited has a workforce of 52 employees as of Mar 29, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Rafindia Medecho Private Limited
Rafindia Medecho Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Apurvakumar Chauhan ceased to be Additional Director on 21 Sep 2020.
Credit Ratings, Litigation & Regulatory Alerts for Rafindia Medecho Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Rafindia Medecho Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Rafindia Medecho Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Rafindia Medecho Private Limited
Rafindia Medecho has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAICR5225K1Z1 | Uttar Pradesh | Active | 08 Dec 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Rafindia Medecho Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Rafindia Medecho Private Limited
Rafindia Medecho is an active foreign private limited company based in Lucknow, Uttar Pradesh, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 14 September 2017 (9+ years old) and is registered under CIN U74999UP2017FTC096963.
Rafindia Medecho reported revenue of ₹1.99 Lakh for FY 2024.
Rafindia Medecho has 2 current directors:
- Fares Shaban - Director
- Aazam Kabirahmed Durban - Director
Rafindia Medecho reported a net loss of ₹1.47 Lakh (net margin -73.9%) and EBITDA of -₹1.47 Lakh (EBITDA margin -73.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rafindia Medecho is -80% over three years and -62% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Rafindia Medecho is 09AAICR5225K1Z1, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Rafindia Medecho is U74999UP2017FTC096963. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rafindia Medecho was incorporated on 14 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Rafindia Medecho by revenue are Squadcx Global Private Limited, Spiro System Private Limited, Opk Infotech Private Limited, Epr Compliance Private Limited, Articus Solutions Private Limited and 5 more, all in the Outsourcing industry (Diversified BPO).
Apurvakumar Chauhan ceased to be Additional Director on 21 Sep 2020. Aazam Kabirahmed Durban was appointed as Director on 17 Sep 2020. Abdul Asim Khan ceased to be Director on 13 Mar 2020. Rafindia Medecho has 4 board changes on record in total.
Yes, Rafindia Medecho is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).