Spandan Heart Institute And Research Centre (India) Private Limited - Company Profile

It is a healthcare private limited company based in Nagpur, Maharashtra, India, established in 1998.
1998 Nagpur, Maharashtra, India Active
Last Updated:
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About Spandan Heart Institute And Research Centre (India) Private Limited

Spandan Heart Institute And Research Centre (India) Private Limited, a active private limited company, was established on 21 April 1998 in Nagpur, Maharashtra, India. Engaging in cardiology clinics & heart care within the hospital and medical care sector, it holds CIN: U85110MH1998PTC114564. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹2.76 Cr.

Formerly known as Heart Line Therapeutics (India) Private Lmted. It upholds a compliant status. Its leadership includes Manjusha Harshawardhan Mardikar (Director), Harshawardhan Mohan Mardikar (Director), Sunil Vasant Pedgaonkar (Director). Past directors included Sandhya Sudhir Mehendale, Prakash Shankerrao Kamat, Sunil Pandurang Nikhar. It holds ₹29.24 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Dhantoli, Nagpur, Maharashtra, 440012.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U85110MH1998PTC114564

  • Registration Number

    114564

  • Incorporation Date

    21 April 1998

  • Authorized Capital

    ₹3.00 Cr

  • Paid-Up Capital

    ₹2.76 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.76 Cr
  • Company Age 27 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 29.24 Cr
  • Revenue Growth **** -10.85%
  • Profit Growth **** -229.29%
  • Ebitda **** -47.30%
  • Net Worth -3.54%
  • Total Assets **** 1.87%
Company report

Spandan Heart Institute And Research Centre (India) Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Spandan Heart Institute And Research Centre (India) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Spandan Heart Institute And Research Centre (India) Private Limited?
Current Directors
Name Designation Appointment Date Status
Manjusha Harshawardhan Mardikar Director 18 Oct 2013 Current
Harshawardhan Mohan Mardikar Director 21 Apr 1998 Current
Sunil Vasant Pedgaonkar Director 01 Jan 2005 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 21 Jan 2011 Past
Pramod Abcsdd Director 30 Jun 2014 Past
Pramod Abcsdd Director 21 Jan 2011 Past
Pramod Abcsdd Director 10 Nov 2013 Past

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Financial Performance of Spandan Heart Institute And Research Centre (India).

Spandan Heart Institute And Research Centre (India) Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 10.85% decrease. The company also saw a substantial fall in profitability, with a 229.29% decrease in profit. The company's net worth dipped by a decrease of 3.54%.

Spandan Heart Institute And Research Centre (India) revenue growth over time
Spandan Heart Institute And Research Centre (India) profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -10.85%
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Revenue from Operations
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 -12.47%
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*******
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Total Assets
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 1.87%
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Profit or Loss
*******
 -229.29%
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*******
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Net Worth
*******
 -3.54%
*******
*******
*******
*******
EBITDA
*******
 -47.30%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Spandan Heart Institute And Research Centre (India)?

In 2021, Spandan Heart Institute And Research Centre (India) had a promoter holding of 83.74% and a public holding of 16.26%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹292,350,180.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 4.71 Cr
  • Janakalyan Sahakari Bank Ltd. : 4.50 Cr
  • Hdfc Bank Limited : 4.48 Cr
  • India Infoline Finance Limited : 4.10 Cr
  • State Bank Of India : 4.00 Cr
  • Others : 7.45 Cr
Latest Charge Details
Date Lender Amount Status
28 Apr 2025 Hdfc Bank Limited ₹4.48 Cr Open
07 Aug 2020 Axis Bank Limited ₹3.08 Cr Open
27 Jul 2020 Others ₹4.50 M Open
29 Jul 2019 Others ₹8.17 M Open
29 May 2019 Others ₹1.91 Cr Open

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How Many Employees Work at Spandan Heart Institute And Research Centre (India)?

Unlock and access historical data on people associated with Spandan Heart Institute And Research Centre (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Spandan Heart Institute And Research Centre (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Spandan Heart Institute And Research Centre (India)'s trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Spandan Heart Institute And Research Centre (India)
Recent Activity within the Organization
  • Charges

    A charge with State Bank Of India of Rs. 4.00 Cr registered on 04 Jun 2018 with Charge ID 100182524 was modified on 06 Dec 2025. was recorded as a recent event.

  • Annual General Meeting

    Spandan Heart Institute And Research Centre (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Charges

    The activity A charge with Hdfc Bank Limited of Rs. 4.48 Cr registered on 28 Apr 2025 with Charge ID 101088890 was modified on 26 Sep 2025. was completed.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 4.48 Cr with Charge ID 101088890 was registered on 28 Apr 2025. was recorded as a recent event.

  • Balance Sheet

    Progress on Spandan Heart Institute And Research Centre (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.

  • Charges

    The activity A charge with Axis Bank Limited amounted to Rs. 3.08 Cr with Charge ID 100367731 was registered on 07 Aug 2020. was completed.

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Frequently Asked Questions
What is the CIN of Spandan Heart Institute And Research Centre (India) Private Limited?

The CIN of Spandan Heart Institute And Research Centre (India) Private Limited is U85110MH1998PTC114564.

Where is Spandan Heart Institute And Research Centre (India) Private Limited headquartered?

Spandan Heart Institute And Research Centre (India) Private Limited is headquartered at Dhantoli, Nagpur, Maharashtra, 440012.

When was Spandan Heart Institute And Research Centre (India) Private Limited incorporated?

Spandan Heart Institute And Research Centre (India) Private Limited was incorporated on 21 April 1998.

Who are the current directors of Spandan Heart Institute And Research Centre (India) Private Limited?

The current directors of Spandan Heart Institute And Research Centre (India) Private Limited are

What is the primary industry of Spandan Heart Institute And Research Centre (India) Private Limited?

The primary industry of Spandan Heart Institute And Research Centre (India) Private Limited is Hospital And Medical Care.

Is Spandan Heart Institute And Research Centre (India) Private Limited a listed company?

Spandan Heart Institute And Research Centre (India) Private Limited is unlisted.

What is the capital structure of Spandan Heart Institute And Research Centre (India) Private Limited?

The authorized capital of Spandan Heart Institute And Research Centre (India) Private Limited is ₹3.00 Cr, and the paid-up capital is ₹2.76 Cr.

What is the compliance status of Spandan Heart Institute And Research Centre (India) Private Limited?

The compliance status of Spandan Heart Institute And Research Centre (India) Private Limited is Compliant.

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