Rivarp Medical Private Limited

Rivarp Medical Private Limited - healthcare in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U33110KA2015PTC081433 Incorporated 07 July 2015 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company healthcare MSME · Small
Data last updated
Revenue · FY 2024
₹19.12 Cr
▲ 32% YoY
Net profit · FY 2024
₹1.75 Cr
Net margin 9.2%
EBITDA · FY 2024
₹4.66 Cr
EBITDA margin 24.4%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.03 Lakh
Issued & subscribed
Open charges
₹5.83 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
46
Provident fund records

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

CIN U33110KA2015PTC081433
Registration Number 081433
Incorporation Date 07 July 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0062003

Recognitions & Rankings of Rivarp Medical

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0062003

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
  • Social Media
  • Registered Address
    No. 34 Azeez Sait Industrial Town, 6th Mile Mysore Road Nayandanahalli, Bangalore, Karnataka, India – 560039
  • Industry
    Healthcare, Medical & Laboratory Equipment

To see the full contact details of Rivarp Medical Private Limited, buy the company report.

Comprehensive company report
Rivarp Medical 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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Brands

Rivarp Medical operates one associated brand: Rivarp Medical. Each brand links to its own profile.

BrandDescriptionWebsite
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 codeMain activityBusiness activity codeBusiness activityShare of turnover
QHospital and Medical CareQ6Other 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 available

Rivarp Medical Private Limited reported revenue of ₹19.12 Cr (up 32% YoY) for FY 2024.

Revenue · FY 2024
₹19.12 Cr ▲ 32%
Net profit · FY 2024
₹1.75 Cr margin 9.2%
EBITDA · FY 2024
₹4.66 Cr margin 24.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 90%
5 years · compounded
▲ 144%
EBITDA CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 124%
5 years · compounded
▲ 47%

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹4.66 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.75 Cr
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin24.4%
Net Profit Margin9.2%
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

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.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajashekar Basanagowda DonthalDirector03 Jun 20206 Years 5 MonthsCurrent
Mavidipalli Thyagarajulu NaiduDirector23 Oct 20179 Years 0 MonthsCurrent
Mavidiapalli KarunakumariDirector22 Feb 20188 Years 8 MonthsCurrent
Arcot Sreedhar RajanishDirector08 Feb 20206 Years 8 MonthsCurrent

Auditor

Rivarp Medical Private Limited is audited by M PRASAD & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M PRASAD & COFY 2023006020S

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 categoryFY 2023FY 2022FY 2021FY 2020FY 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

Open charges
₹5.83 Cr
Satisfied charges
None
Breakdown by lending institutions
Axis Bank Limited₹5.83 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Nov 2024101019483Axis Bank Limited₹5.1 CrOpen
29 Apr 2022100569069Axis Bank Limited₹72.73 LakhOpen

Total charge records: 2 View all charges

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.

Employee count
46
Active EPFO establishments
2
Employee growth
58.62%

GST

Rivarp Medical has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAHCR3745B1ZEKarnatakaActive01 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.

AGM
Rivarp Medical Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Rivarp Medical Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Axis Bank Limited amounted to Rs. 510.00 Lakh with Charge ID 101019483 was registered on 30 Nov 2024.
Ceased
Donadula Janakirama Naidu ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 72.73 Lakh with Charge ID 100569069 was registered on 29 Apr 2022.
Appointed
Rajashekar Basanagowda Donthal was appointed as Director.
Appointed
Arcot Sreedhar Rajanish was appointed as Director.
Ceased
Ankit Umesh Patel ceased to be Director.
Ceased
Beena Ankit Patel ceased to be Additional Director.
Appointed
Donadula Janakirama Naidu was appointed as Director.
Appointed
Mavidiapalli Karunakumari was appointed as Director.
Ceased
Reshma Tavva Viswanatha ceased to be Director.

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:

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.