About Servewell Instruments Private Limited
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Servewell Instruments 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 27 March 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2003PTC031758. Its GSTIN is 29AAHCS8462Q1ZA (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Archana Krishna (Whole-Time Director) and Krishna Thirumaleswara Bhat.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sukruthi No.149 1 `R' Block Chord Road Rajajinagar, Bangalore, Karnataka, India – 560010.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.2 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net loss of ₹7.1 Lakh (net margin -2.2%) and EBITDA of ₹4.41 Lakh (EBITDA margin 1.4%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹75 Lakh and satisfied charges of ₹50 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website servewell.in.
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- Website
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- Registered AddressSukruthi No.149 1 `R' Block Chord Road Rajajinagar, Bangalore, Karnataka, India – 560010
- IndustryHealthcare, Medical & Laboratory Equipment
- 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
- One PDF report, delivered after checkout
Business Activity of Servewell Instruments Private Limited
The main business activity of Servewell Instruments is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Servewell Instruments Private Limited FY 2024 filings available
Servewell Instruments Private Limited reported revenue of ₹3.2 Cr (down 39% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Servewell Instruments Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 39% fall in the latest year. EBITDA fell 90% 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 Servewell Instruments 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 | ₹4.41 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7.1 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 Servewell Instruments Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Servewell Instruments are in the company report.
Financial statements from 2015
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 Servewell Instruments Private Limited
Servewell Instruments Private Limited is compared with the companies closest to it by revenue in the Healthcare industry (Medical and Laboratory Equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Culture Instruments India LLP | ₹3.25 Cr (FY 2024) | •••• | •••• | 24.0% | •••• | Bangalore, Karnataka, India |
| Hemen Life Sciences Private Limited | ₹3.22 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| Aloka Trivitron Medical Technologies Private Limited | ₹3.2 Cr (FY 2025) | •••• | •••• | 2337.0% | •••• | Sriperumputhur, Tamil Nadu, India |
| Kashmir Surgical India Private Limited | ₹3.2 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Ambala, Haryana, India |
| MN Life Care Products Private Limited | ₹3.2 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Kolkata, West Bengal, India |
| Servewell Instruments Private Limited this company | ₹3.2 Cr (FY 2024) | •••• | •••• | -39.0% | •••• | Bangalore, Karnataka, India |
| RNS Surgicals Private Limited | ₹3.19 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | New Delhi, Delhi, India |
| Dengen Healthcare Private Limited | ₹3.19 Cr (FY 2024) | •••• | •••• | 449.0% | •••• | Bahadurgarh, Haryana, India |
| Zentro Enterprise Private Limited | ₹3.18 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Lodhika, Gujarat, India |
| North Edge Solutions Private Limited | ₹3.15 Cr (FY 2025) | •••• | •••• | 91.0% | •••• | Noida, Uttar Pradesh, India |
| Amyyra Diagnostics Private Limited | ₹3.14 Cr (FY 2021) | •••• | •••• | 267.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Servewell Instruments by revenue in the Healthcare industry (Medical and Laboratory Equipment), 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 Servewell Instruments Private Limited
Servewell Instruments Private Limited is audited by SUNDARARAJAN & HARISH for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUNDARARAJAN & HARISH | 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 Servewell Instruments Private Limited
Servewell Instruments has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Archana Krishna | Whole-Time Director | 03 Mar 2021 | 5 Years 7 Months | Current |
| Krishna Thirumaleswara Bhat | Director | 27 Mar 2003 | 23 Years 6 Months | Current |
Ownership and Shareholding of Servewell Instruments 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 Servewell Instruments Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Feb 2009 | Others | ₹75 Lakh | Open |
| 30 Nov 2007 | Development Credit Bank | ₹50 Lakh | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Servewell Instruments Private Limited
Employment history and EPFO contributions of people linked to Servewell Instruments.
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 Servewell Instruments Private Limited
Servewell Instruments Private Limited has 5 board changes on record since 2003: 2 appointments and 3 cessations. The latest: Vasanthi ceased to be Managing Director on 08 Aug 2024.
Credit Ratings, Litigation & Regulatory Alerts for Servewell Instruments 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 Servewell Instruments 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 Servewell Instruments 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 Servewell Instruments Private Limited
Servewell Instruments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCS8462Q1ZA | Karnataka | Active | 01 Jul 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 Servewell Instruments 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 Servewell Instruments Private Limited
Servewell Instruments 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 27 March 2003 (23+ years old) and is registered under CIN U72900KA2003PTC031758.
Servewell Instruments reported revenue of ₹3.2 Cr for FY 2024 (down 39% YoY).
Servewell Instruments has 2 current directors:
- Archana Krishna - Whole-Time Director
- Krishna Thirumaleswara Bhat - Director
Servewell Instruments reported a net loss of ₹7.1 Lakh (net margin -2.2%) and EBITDA of ₹4.41 Lakh (EBITDA margin 1.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Servewell Instruments is -10% over three years and -12% over five years. In the latest year (FY 2024) revenue fell 39%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Servewell Instruments is 29AAHCS8462Q1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Servewell Instruments is U72900KA2003PTC031758. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Servewell Instruments was incorporated on 27 March 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Servewell Instruments by revenue are Culture Instruments India LLP, Hemen Life Sciences Private Limited, Aloka Trivitron Medical Technologies Private Limited, Kashmir Surgical India Private Limited, MN Life Care Products Private Limited and 5 more, all in the Healthcare industry (Medical and Laboratory Equipment).
Vasanthi ceased to be Managing Director on 08 Aug 2024. Archana Krishna ceased to be Additional Director on 30 Nov 2021. Archana Krishna was appointed as Whole-Time Director on 03 Mar 2021. Servewell Instruments has 5 board changes on record in total.
Servewell Instruments can be reached through the website servewell.in. Its registered office is in Bangalore, Karnataka, India.