- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0062003

About Rivarp Medical Private Limited
Data last updated:
Rivarp Medical Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 07 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U33110KA2015PTC081433. Its GSTIN is 29AAHCR3745B1ZE (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.03 Lakh. It is led by directors including Rajashekar Basanagowda Donthal and Mavidipalli Thyagarajulu Naidu.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.12 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹1.75 Cr (net margin 9.2%) and EBITDA of ₹4.66 Cr (EBITDA margin 24.4%). Revenue has grown at a compounded annual rate (CAGR) of 90% over three years and 144% over five years.
The company has about 46 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Rivarp Medical. As per MCA filings, the company has open charges of ₹5.83 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 4 cases are pending.
Rivarp Medical Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0062003). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rivarpmedical.com.
Company details
Recognitions & Rankings of Rivarp Medical
Contact details
Rivarp Medical Private Limited's registered office is in Bangalore, Karnataka. Its website is rivarpmedical.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 34 Azeez Sait Industrial Town, 6th Mile Mysore Road Nayandanahalli, Bangalore, Karnataka, India – 560039
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Rivarp Medical Private Limited, buy the company report.
- 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
Brands
Rivarp Medical operates one associated brand: Rivarp Medical. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures medical devices for cardiology and spinal procedures globally. | rivarpmedical.com |
Business activity
The main business activity of Rivarp Medical is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Rivarp Medical Private Limited, buy the company report.
Financials of Rivarp Medical Private Limited
FY 2025 filings availableRivarp Medical Private Limited reported revenue of ₹19.12 Cr (up 32% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 144% over five years, including 32% growth in the latest year. EBITDA rose 31% 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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| EBITDA | ₹4.66 Cr | ||||
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| Net Profit (PAT) | ₹1.75 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 24.4% | ||||
| Net Profit Margin | 9.2% | ||||
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To see the full financial statements and ratios of Rivarp Medical Private Limited, buy the company report.
Board of directors of Rivarp Medical Private Limited
Rivarp Medical has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajashekar Basanagowda Donthal | Director | 03 Jun 2020 | 6 Years 5 Months | Current |
| Mavidipalli Thyagarajulu Naidu Also directs: Helios Infracap Advisory LLP, Phoenix Medicare Private Limited, Hospekart Online Private Limited and 2 more | Director | 23 Oct 2017 | 9 Years 0 Months | Current |
| Mavidiapalli Karunakumari Also directs: Phoenix Medicare Private Limited, Medical Bionic Private Limited | Director | 22 Feb 2018 | 8 Years 8 Months | Current |
| Arcot Sreedhar Rajanish Also directs: Helios Infracap Advisory LLP, Medical Bionic Private Limited | Director | 08 Feb 2020 | 6 Years 8 Months | Current |
Auditor
Rivarp Medical Private Limited is audited by M PRASAD & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M PRASAD & CO | FY 2023 | 006020S |
Shareholding
The shareholding of Rivarp Medical Private 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rivarp Medical Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Nov 2024 | 101019483 | Axis Bank Limited | ₹5.1 Cr | Open | |
| 29 Apr 2022 | 100569069 | Axis Bank Limited | ₹72.73 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Rivarp Medical Private Limited has 4 court cases on record: 2 filed by Rivarp Medical, 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 2 |
| High courts | 2 | 2 | 2 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Sequence Medical India Pvt. Ltd., and Others | Pending |
| High Court | Court case (CRL.P) | Filed against the company by an individual | Pending |
| High Court | Court case (CRL.P) | Filed against the company by an individual | Pending |
To see the full case history of Rivarp Medical 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 Rivarp Medical Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rivarp Medical Private Limited has a workforce of 46 employees on its EPFO records as of Apr 06, 2024, across 2 active EPFO establishments.
GST
Rivarp Medical has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCR3745B1ZE | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rivarp Medical Private Limited, buy the company report.
Recent activity
Rivarp Medical Private Limited has 16 board changes on record since 2015: 10 appointments and 6 cessations. The latest: Donadula Janakirama Naidu ceased to be Director on 20 Jan 2023.
9 earlier events are in the company report.
Frequently asked questions
Rivarp Medical is an active private limited company based in Bangalore, Karnataka, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 07 July 2015 (11+ years old) and is registered under CIN U33110KA2015PTC081433.
Rivarp Medical has 4 current directors:
- Rajashekar Basanagowda Donthal - Director
- Mavidipalli Thyagarajulu Naidu - Director
- Mavidiapalli Karunakumari - Director
- Arcot Sreedhar Rajanish - Director
The latest financial statements of Rivarp Medical 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 FY 2016 are in the company report.
The GSTIN of Rivarp Medical is 29AAHCR3745B1ZE, registered in Karnataka.
The CIN (Corporate Identification Number) of Rivarp Medical is U33110KA2015PTC081433. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rivarp Medical has 4 court cases on record: 2 filed by the company and 2 filed against it. 4 are pending. Most are in the district courts.
Rivarp Medical was incorporated on 07 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Donadula Janakirama Naidu ceased to be Director on 20 Jan 2023. Rajashekar Basanagowda Donthal was appointed as Director on 03 Jun 2020. Arcot Sreedhar Rajanish was appointed as Director on 08 Feb 2020. Rivarp Medical has 16 board changes on record in total.
Yes, Rivarp Medical is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0062003).
Rivarp Medical can be reached through the website rivarpmedical.com. Its registered office is in Bangalore, Karnataka, India.

