MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-UP-50-0020743
_PRIVATE_LIMITED.webp)
S.S Medical Systems ( India) Private Limited - healthcare in Nainital, Uttarakhand, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹14.75 Cr
▼ 51% YoY
Net profit · FY 2023
₹17.55 Lakh
Net margin 1.2%
EBITDA · FY 2023
₹1.21 Cr
EBITDA margin 8.2%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.76 Cr
Issued & subscribed
Open charges
₹24.9 Cr
Satisfied ₹15.38 Cr
Company age
23 yrs
Est. 2003
Directors on board
2
As per MCA filings
About S.S Medical Systems ( India) Private Limited
Data last updated:
S.S Medical Systems ( India) Private Limited is a private limited company based in Nainital, Uttarakhand, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 02 July 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Uttarakhand, under CIN U85199UR2003PTC027663. Its GSTIN is 05AAHCS4759A1ZH (Uttarakhand). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.76 Cr. It was formerly known as Sono.Site Medical Systems (India) Private Limited. It is led by directors Monish Bhandari and Priya Bhandari.
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 Mehra Gaon Bhimtal, Nainital, Uttarakhand, India – 263136.
As per the financials filed for FY 2023, the company reported a revenue of ₹14.75 Cr, a decline of 51% compared to the previous year. For the same year it recorded a net profit of ₹17.55 Lakh (net margin 1.2%) and EBITDA of ₹1.21 Cr (EBITDA margin 8.2%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 8% over five years.
Its group structure includes 2 subsidiaries.
The company is associated with 2 brands: S S Medicals Systems and OptiMaser. As per MCA filings, the company has open charges of ₹24.9 Cr and satisfied charges of ₹15.38 Cr on record. Court records list 25 cases involving the company, including 19 filed by the company and 6 filed against it; 8 cases are pending.
S.S Medical Systems ( India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-50-0020743). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ssmedworld.com.
Company details
CIN U85199UR2003PTC027663
Registration Number 027663
Incorporation Date 02 July 2003
ROC Uttarakhand
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-UP-50-0020743
Key People
Monish Bhandari Director Priya Bhandari Director Recognitions & Rankings of S.S Medical Systems ( India)
Contact details
S.S Medical Systems ( India) Private Limited's registered office is in Nainital, Uttarakhand. Its website is ssmedworld.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMehra Gaon Bhimtal, Nainital, Uttarakhand, India – 263136
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of S.S Medical Systems ( India) Private Limited, buy the company report.
Comprehensive company report
S.S Medical Systems ( India) 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
S.S Medical Systems ( India) operates two associated brands: S S Medicals Systems and OptiMaser. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive solutions for high-end medical equipment and device production. | ssmedworld.com | |
| Provider of plug & play product for medical waste processing | optimaser.com |
Financials of S.S Medical Systems ( India) Private Limited
FY 2024 filings availableS.S Medical Systems ( India) Private Limited reported revenue of ₹14.75 Cr (down 51% YoY) for FY 2023.
Revenue · FY 2023
₹14.75 Cr ▼ 51%
Net profit · FY 2023
₹17.55 Lakh margin 1.2%
EBITDA · FY 2023
₹1.21 Cr margin 8.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 51%
3 years · compounded
▲ 34%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 34%
3 years · compounded
▲ 14%
5 years · compounded
▲ 2%
Revenue fell 51% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 34% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹14.75 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.21 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.55 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.2% | ||||
| Net Profit Margin | 1.2% | ||||
| 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 S.S Medical Systems ( India) Private Limited, buy the company report.
Board of directors of S.S Medical Systems ( India) Private Limited
S.S Medical Systems ( India) has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Monish Bhandari | Director | 01 Mar 2024 | 2 Years 8 Months | Current |
| Priya Bhandari Also directs: Shone Welt Technologies Private Limited | Director | 01 Jun 2019 | 7 Years 5 Months | Current |
Auditor
S.S Medical Systems ( India) Private Limited is audited by D PATHAK AND COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D PATHAK AND COMPANY | FY 2023 | 001439C |
Shareholding
The shareholding of S.S Medical Systems ( India) 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 S.S Medical Systems ( India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹24.9 Cr
Satisfied charges
₹15.38 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Aug 2025 | 101153298 | Others | ₹20.5 Cr | Open | |
| 30 Jul 2012 | 10368395 | Bank of Baroda | ₹1 Cr | Open | |
| 11 Apr 2011 | 10288375 | Others | ₹3.4 Cr | Open | |
| 10 Jul 2020 | 100363625 | Yashwant Co-Operative Bank Ltd. | ₹26.17 Lakh | Satisfied | |
| 11 Sep 2017 | 100132335 | Others | ₹1 Cr | Satisfied |
To see the full charge records of S.S Medical Systems ( India) Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
S.S Medical Systems ( India) Private Limited has 25 court cases on record: 19 filed by S.S Medical Systems ( India), 6 filed against it. 8 cases are pending and 17 are disposed.
Total cases
25
Filed by the company
19
Filed against the company
6
Pending
8
Disposed
17
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 0 | 3 |
| District courts | 10 | 6 | 5 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Lucknow, Uttar Pradesh | Civil suit | Filed by the company against M/S Forsta Medtech Pvt Ltd and Others | Pending |
| District court, Lucknow, Uttar Pradesh | Civil suit | Filed by the company against M/S Nucleotech Medical Systems International Ltd. and Others | Pending |
| Allahabad High Court | Writ petition | Filed by the company against Baalark Meditrade Services Pvt. Ltd. , Lko. Thru. Managing Director / Director and 1 other | Pending |
| District court, Lucknow, Uttar Pradesh | Interim or miscellaneous application | Filed by the company against M/S Nucleotech Medical Systems International Ltd. | Pending |
| District court, Chandigarh | Appeal | Filed against the company by M/S Seonie Technocrats | Pending |
To see the full case history of S.S Medical Systems ( India) 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.
Credit ratings & regulatory alerts
S.S Medical Systems ( India) Private Limited was last rated by Crisil on 26 Apr 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 26 Apr 2021 |
To see the full credit ratings and regulatory alerts of S.S Medical Systems ( India) Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for S.S Medical Systems ( India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
S.S Medical Systems ( India) has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Saket Surgicals (India)Pvt Ltd | U24111UP1984PTC006623 | |
| Shone Welt Technologies Private Limited | U37100UP2011PTC046587 |
To see the full group structure of S.S Medical Systems ( India) Private Limited, buy the company report.
GST
S.S Medical Systems ( India) has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
6
Active
5
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AAHCS4759A1ZH | Uttarakhand | Active | 01 Jul 2017 |
| 07AAHCS4759A1ZD | Delhi | Active | 01 Jul 2017 |
| 09AAHCS4759A1Z9 | Uttar Pradesh | Active | 01 Jul 2017 |
| 37AAHCS4759A1ZA | Andhra Pradesh | Active | 13 May 2019 |
To see the full GST registrations and return filing status of S.S Medical Systems ( India) Private Limited, buy the company report.
Recent activity
S.S Medical Systems ( India) Private Limited has 6 board changes on record since 2003: 4 appointments and 2 cessations. The latest: Monish Bhandari was appointed as Director on 01 Mar 2024.
Charges
A charge with Others amounted to Rs. 20.50 Cr with Charge ID 101153298 was registered on 07 Aug 2025.
AGM
S.S Medical Systems ( India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
S.S Medical Systems ( India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Uttarakhand.
Appointed
Monish Bhandari was appointed as Director.
Ceased
Ritesh Gupta ceased to be Director.
Charges
A charge registered on 19 Jan 2016 via Charge ID 100046179 with Others was fully satisfied on 28 Feb 2024.
Charges
A charge registered on 27 Sep 2003 via Charge ID 90280401 with State Bank Of India was fully satisfied on 16 Jan 2024.
Charges
A charge registered on 11 Sep 2017 via Charge ID 100132335 with Others was fully satisfied on 12 Sep 2023.
Charges
A charge registered on 08 Mar 2014 via Charge ID 10517417 with Others was fully satisfied on 12 Sep 2023.
Charges
A charge registered on 08 Mar 2014 via Charge ID 10520108 with Others was fully satisfied on 12 Sep 2023.
Charges
A charge with Others of Rs. 3.40 Cr registered on 11 Apr 2011 with Charge ID 10288375 was modified on 12 Sep 2023.
Charges
A charge registered on 10 Jul 2020 via Charge ID 100363625 with Yashwant Co-Operative Bank Ltd. was fully satisfied on 08 Sep 2023.
21 earlier events are in the company report.
Frequently asked questions
S.S Medical Systems ( India) is an active private limited company based in Nainital, Uttarakhand, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 02 July 2003 (23+ years old) and is registered under CIN U85199UR2003PTC027663.
S.S Medical Systems ( India) has 2 current directors:
- Monish Bhandari - Director
- Priya Bhandari - Director
The latest financial statements of S.S Medical Systems ( India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of S.S Medical Systems ( India) is 05AAHCS4759A1ZH, registered in Uttarakhand. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 07AAHCS4759A1ZD (Delhi), 09AAHCS4759A1Z9 (Uttar Pradesh), 37AAHCS4759A1ZA (Andhra Pradesh).
The CIN (Corporate Identification Number) of S.S Medical Systems ( India) is U85199UR2003PTC027663. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
S.S Medical Systems ( India) has 25 court cases on record: 19 filed by the company and 6 filed against it. 8 are pending. Most are in the high courts.
S.S Medical Systems ( India) was incorporated on 02 July 2003, making it 23+ years old. It is registered with the Registrar of Companies, Uttarakhand.
Monish Bhandari was appointed as Director on 01 Mar 2024. Ritesh Gupta ceased to be Director on 01 Mar 2024. Ritesh Gupta was appointed as Director on 28 Aug 2023. S.S Medical Systems ( India) has 6 board changes on record in total.
Yes, S.S Medical Systems ( India) is registered as a small enterprise under Udyam registration (number: UDYAM-UP-50-0020743).
S.S Medical Systems ( India) can be reached through the website ssmedworld.com. Its registered office is in Nainital, Uttarakhand, India.
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