DPIIT recognised startup Government of India
Startup India
Vrmdb Services Private Limited - healthcare in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.36 Lakh
Latest filing
Net loss · FY 2025
₹27.86 Lakh
Latest filing
EBITDA · FY 2025
-₹27.77 Lakh
Latest filing
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.07 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Vrmdb Services Private Limited
Data last updated:
Vrmdb Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the preventive healthcare segment of the healthcare sector. It was incorporated on 20 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC314309. Its GSTIN is 27AAGCV6035M1ZV (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.07 Lakh. It is led by directors Maulik Bipin Bagadia and Bipin Jivrajbhai Bagadia.
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 Plot 1 Flat 803 Floor 8 Alaknanda Chs Rajawadi 7th Road Ghatkopar (E), Mumbai, Maharashtra, India – 400077.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.36 Lakh. For the same year it recorded a net loss of ₹27.86 Lakh and EBITDA of -₹27.77 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 28% over three years.
The company is associated with 1 brand: The MediBank. The company has 1 deal on record (1 funding round), with disclosed funding of ₹30.1 Lakh; the latest was in January 2023. Its 10 peer companies in the Healthcare industry (Preventive Healthcare Services) are compared by revenue, 5 larger and 5 smaller; the largest is Revag Biosciences Limited with revenue of ₹1.41 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website themedibank.com.
Company Details of Vrmdb Services Private Limited
CIN U74999MH2018PTC314309
Registration Number 314309
Incorporation Date 20 September 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Vrmdb Services
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Apps
- Registered AddressPlot 1 Flat 803 Floor 8 Alaknanda Chs Rajawadi 7th Road Ghatkopar (E), Mumbai, Maharashtra, India – 400077
- IndustryHealthcare, Preventive Health Services
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Associated Brands with Vrmdb Services Private Limited
Vrmdb Services operates one associated brand: The MediBank. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Health records are managed and digitalized via an online platform. | themedibank.com |
Financials of Vrmdb Services Private Limited FY 2025 filings available
Vrmdb Services Private Limited reported revenue of ₹1.36 Lakh for FY 2025.
Revenue · FY 2025
₹1.36 Lakh
Net loss · FY 2025
₹27.86 Lakh
EBITDA · FY 2025
-₹27.77 Lakh
Compounded Annual Growth Rate (CAGR) of Vrmdb Services Private Limited
Revenue CAGR growth
3 years · compounded
▲ 28%
EBITDA CAGR growth
1 year
▼ 744%
3 years · compounded
▼ 389%
5 years · compounded
▼ 223%
Revenue has grown at a compounded annual rate (CAGR) of 28% over three years. EBITDA fell 744% 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 Vrmdb Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹27.77 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹27.86 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 Vrmdb Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Vrmdb Services are in the company report.
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Financial statements from FY 2019
Earlier years and trend charts are in the company report.
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Board of Directors of Vrmdb Services Private Limited
Vrmdb Services has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maulik Bipin Bagadia | Director | 20 Sep 2018 | 8 Years 1 Months | Current |
| Bipin Jivrajbhai Bagadia Also directs: Labdhi Stock and Derivatives Services Private Limited | Director | 20 Sep 2018 | 8 Years 1 Months | Current |
Peer Comparison of Vrmdb Services Private Limited
Vrmdb Services Private Limited is compared with the companies closest to it by revenue in the Healthcare industry (Preventive Healthcare Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Revag Biosciences Limited | ₹1.41 Lakh (FY 2025) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Sunlarge Technology Park Private Limited | ₹1.4 Lakh (FY 2025) | •••• | •••• | -86.0% | •••• | Bangalore, Karnataka, India |
| Yashoda Healthcare Private Limited | ₹1.39 Lakh (FY 2024) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| Primecare Global Private Limited | ₹1.37 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Bangalore, Karnataka, India |
| Inovio Clinical Trials Private Limited | ₹1.36 Lakh (FY 2021) | •••• | •••• | 36.0% | •••• | Kashipur, Uttarakhand, India |
| Vrmdb Services Private Limited this company | ₹1.36 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Indur Life Sciences Private Limited | ₹1.35 Lakh (FY 2024) | •••• | •••• | -99.0% | •••• | Hyderabad, Telangana, India |
| Next Wave Global Technologies Private Limited | ₹1.35 Lakh (FY 2024) | •••• | •••• | -46.0% | •••• | Hyderabad, Telangana, India |
| Curomates Enterprise Private Limited | ₹1.33 Lakh (FY 2025) | •••• | •••• | 239.0% | •••• | Mumbai, Maharashtra, India |
| Mydream Mystory Foundation | ₹1.33 Lakh (FY 2023) | •••• | •••• | •••• | Delhi, India | |
| Live to Give Foundation | ₹1.33 Lakh (FY 2024) | •••• | •••• | -46.0% | •••• | Varanasi, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Vrmdb Services by revenue in the Healthcare industry (Preventive Healthcare Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Vrmdb Services Private Limited
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Shareholding and ownership data
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Charges & Borrowings of Vrmdb Services Private Limited
Vrmdb Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Vrmdb Services Private Limited
Vrmdb Services Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹30.1 Lakh; the latest was in January 2023.
Total deals
1
Funding round
1
Disclosed funding
₹30.1 Lakh
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Funding round | ₹30.1 Lakh | Investors: 2 individuals |
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Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
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Employees and EPFO Compliance at Vrmdb Services Private Limited
Employment history and EPFO contributions of people linked to Vrmdb Services.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Vrmdb Services Private Limited
Vrmdb Services Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Bipin Jivrajbhai Bagadia was appointed as Director on 20 Sep 2018.
AGM
Vrmdb Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vrmdb Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Bipin Jivrajbhai Bagadia was appointed as Director.
Appointed
Maulik Bipin Bagadia was appointed as Director.
Incorporation
20 Sep 2018
Vrmdb Services Private Limited was registered on 20 Sep 2018 with Roc Mumbai I & aged 8 years 1 month as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Vrmdb Services Private Limited
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MSME Payment Delays by Vrmdb Services Private Limited
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Subsidiaries & Group Companies of Vrmdb Services Private Limited
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GST Compliance of Vrmdb Services Private Limited
Vrmdb Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCV6035M1ZV | Maharashtra | Active | 08 Jan 2020 |
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MCA Filings & Documents of Vrmdb Services Private Limited
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Frequently Asked Questions about Vrmdb Services Private Limited
Vrmdb Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in preventive health services, within the healthcare industry. It was incorporated on 20 September 2018 (8+ years old) and is registered under CIN U74999MH2018PTC314309.
Vrmdb Services reported revenue of ₹1.36 Lakh for FY 2025.
Vrmdb Services has 2 current directors:
- Maulik Bipin Bagadia - Director
- Bipin Jivrajbhai Bagadia - Director
Vrmdb Services reported a net loss of ₹27.86 Lakh and EBITDA of -₹27.77 Lakh for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vrmdb Services is 28% over three years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vrmdb Services is 27AAGCV6035M1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vrmdb Services is U74999MH2018PTC314309. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vrmdb Services was incorporated on 20 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Vrmdb Services has 1 deal on record (1 funding round), with disclosed funding of ₹30.1 Lakh; the latest was in January 2023.
The peers of Vrmdb Services by revenue are Revag Biosciences Limited, Sunlarge Technology Park Private Limited, Yashoda Healthcare Private Limited, Primecare Global Private Limited, Inovio Clinical Trials Private Limited and 5 more, all in the Healthcare industry (Preventive Healthcare Services).
Bipin Jivrajbhai Bagadia was appointed as Director on 20 Sep 2018. Maulik Bipin Bagadia was appointed as Director on 20 Sep 2018.