MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0093622
Save Meditech Systems Private Limited
Save Meditech Systems Private Limited - healthcare in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹57.64 Lakh
▼ 26% YoY
Net profit · FY 2024
₹6.24 Lakh
Net margin 10.8%
EBITDA · FY 2024
₹9.61 Lakh
EBITDA margin 16.7%
Authorised capital
₹40 Lakh
Registered with MCA
Paid-up capital
₹40 Lakh
Issued & subscribed
Open charges
₹36.27 Cr
Satisfied ₹12.58 Cr
Company age
30 yrs
Est. 1996
Directors on board
2
As per MCA filings
About Save Meditech Systems Private Limited
Data last updated:
Save Meditech Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 17 May 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U23112KA1996PTC020481. Its GSTIN is 29AABCS9308P1ZN (Karnataka).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors Satish Bapu Vasudev and Subbarao Hanumantharao Padmavathi.
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 512 2nd Main 14th Cross Shastrinagar Bangalore, Karnataka, India – 560028.
As per the financials filed for FY 2024, the company reported a revenue of ₹57.64 Lakh, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹6.24 Lakh (net margin 10.8%) and EBITDA of ₹9.61 Lakh (EBITDA margin 16.7%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 51% over five years.
As per MCA filings, the company has open charges of ₹36.27 Cr and satisfied charges of ₹12.58 Cr on record. Court records list 9 cases involving the company, including 2 filed by the company and 7 filed against it.
Save Meditech Systems Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0093622). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U23112KA1996PTC020481
Registration Number 020481
Incorporation Date 17 May 1996
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 Medium
Udyam Registration UDYAM-KR-03-0093622
Recognitions & Rankings of Save Meditech Systems
Contact details
Save Meditech Systems Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address512 2nd Main 14th Cross Shastrinagar Bangalore, Karnataka, India – 560028
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of Save Meditech Systems Private Limited, buy the company report.
Comprehensive company report
Save Meditech Systems 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Save Meditech Systems is human health and social work activities. In detail, this covers human health activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Human health and social work activities | 86 | Human health activities |
To see the full business activity and turnover split of Save Meditech Systems Private Limited, buy the company report.
Financials of Save Meditech Systems Private Limited
FY 2025 filings availableSave Meditech Systems Private Limited reported revenue of ₹57.64 Lakh (down 26% YoY) for FY 2024.
Revenue · FY 2024
₹57.64 Lakh ▼ 26%
Net profit · FY 2024
₹6.24 Lakh margin 10.8%
EBITDA · FY 2024
₹9.61 Lakh margin 16.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 26%
3 years · compounded
▲ 20%
5 years · compounded
▼ 51%
EBITDA CAGR growth
1 year
▼ 36%
3 years · compounded
▲ 19%
5 years · compounded
▼ 41%
Revenue has declined at a compounded annual rate (CAGR) of 51% over five years, including a 26% fall in the latest year. EBITDA fell 36% 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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| Total Expenses | |||||
| EBITDA | ₹9.61 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.24 Lakh | ||||
| Balance Sheet | |||||
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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 | 16.7% | ||||
| Net Profit Margin | 10.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Save Meditech Systems Private Limited, buy the company report.
Board of directors of Save Meditech Systems Private Limited
Save Meditech Systems has 2 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 |
|---|---|---|---|---|
| Satish Bapu Vasudev | Director | 17 May 1996 | 30 Years 5 Months | Current |
| Subbarao Hanumantharao Padmavathi | Director | 08 Dec 2021 | 4 Years 10 Months | Current |
Auditor
Save Meditech Systems Private Limited is audited by G K L and Co; for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G K L and Co; | FY 2023 | 025129S |
Shareholding
The shareholding of Save Meditech Systems 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 Save Meditech Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹36.27 Cr
Satisfied charges
₹12.58 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jul 2020 | 100419120 | Bank of India | ₹62 Lakh | Open | |
| 31 Mar 2012 | 10350821 | Others | ₹35.65 Cr | Open | |
| 23 Jun 2005 | 80029034 | State Bank of Patiala | ₹11.4 Cr | Satisfied | |
| 23 Jun 2005 | 90195882 | State Bank of India | ₹70 Lakh | Satisfied | |
| 19 Mar 2003 | 90195692 | State Bank of India | ₹35 Lakh | Satisfied |
To see the full charge records of Save Meditech Systems Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Save Meditech Systems Private Limited has 9 court cases on record: 2 filed by Save Meditech Systems, 7 filed against it. All cases are disposed.
Total cases
9
Filed by the company
2
Filed against the company
7
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 0 |
| High courts | 4 | 2 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| High Court of Karnataka | Court case (CRL.RP) | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Court case (CRL.P) | Filed against the company | Disposed |
| High Court of Karnataka | Court case (CRL.P) | Filed by the company against an individual | Disposed |
To see the full case history of Save Meditech Systems 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
Save Meditech Systems Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 6 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Venu& Vinay | |||
| an individual supplier |
To see the full MSME payment records of Save Meditech Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Save Meditech Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCS9308P1ZN | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Save Meditech Systems Private Limited, buy the company report.
Recent activity
Save Meditech Systems Private Limited has 5 board changes on record since 1996: 2 appointments and 3 cessations. The latest: Vasudev Bapu Srinivasmurthy ceased to be Director on 09 Jun 2023.
AGM
Save Meditech Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Save Meditech Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 19 Mar 2003 via Charge ID 90195692 with State Bank Of India was fully satisfied on 14 May 2024.
Charges
A charge with Others of Rs. 3,565.00 Lakh registered on 31 Mar 2012 with Charge ID 10350821 was modified on 19 Jan 2024.
Ceased
Vasudev Bapu Srinivasmurthy ceased to be Director.
Charges
A charge registered on 23 Jun 2005 via Charge ID 90195882 with State Bank Of India was fully satisfied on 06 Dec 2022.
Charges
A charge registered on 23 Jun 2005 via Charge ID 80029034 with State Bank Of Patiala was fully satisfied on 06 Dec 2022.
Ceased
Subbarao Hanumantharao Padmavathi ceased to be Additional Director.
Appointed
Subbarao Hanumantharao Padmavathi was appointed as Director.
Charges
A charge with Bank Of India amounted to Rs. 62.00 Lakh with Charge ID 100419120 was registered on 08 Jul 2020.
Charges
A charge with Others amounted to Rs. 3,565.00 Lakh with Charge ID 10350821 was registered on 31 Mar 2012.
Charges
A charge with State Bank Of Patiala of Rs. 1,140.00 Lakh registered on 23 Jun 2005 with Charge ID 80029034 was modified on 03 Oct 2011.
11 earlier events are in the company report.
Frequently asked questions
Save Meditech Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 17 May 1996 (30+ years old) and is registered under CIN U23112KA1996PTC020481.
Save Meditech Systems has 2 current directors:
- Satish Bapu Vasudev - Director
- Subbarao Hanumantharao Padmavathi - Director
The latest financial statements of Save Meditech Systems 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 Save Meditech Systems is 29AABCS9308P1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Save Meditech Systems is U23112KA1996PTC020481. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Save Meditech Systems has 9 court cases on record: 2 filed by the company and 7 filed against it. Most are in the district courts.
Save Meditech Systems was incorporated on 17 May 1996, making it 30+ years old. It is registered with the Registrar of Companies, Bangalore.
Vasudev Bapu Srinivasmurthy ceased to be Director on 09 Jun 2023. Subbarao Hanumantharao Padmavathi ceased to be Additional Director on 30 Sep 2022. Subbarao Hanumantharao Padmavathi was appointed as Director on 08 Dec 2021. Save Meditech Systems has 5 board changes on record in total.
Yes, Save Meditech Systems is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0093622).
Save Meditech Systems has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 6 overdue payments to 3 micro and small suppliers. The latest return was filed on 27 Aug 2023.
The registered office of Save Meditech Systems is at 512 2nd Main 14th Cross Shastrinagar Bangalore, Karnataka, India – 560028.