Care Mb India Private Limited

Provides insurance claims billing services for healthcare professionals.

2018 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 25, 2025

Care Mb India Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 3 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.00 M
  • Revenue Growth 11.42%
  • Profit Growth -673.07%
  • Ebitda -38.33%
  • Net Worth -22.53%
  • Total Assets -16.82%

About Care Mb India

Care Mb India Private Limited (CMIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 12 February 2018 (Seven years 3 days old ). Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Claim Accurate Medical Billing India Private Limited. The Company is engaged in the Business Outsourcing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹2.00 M.

Balamurugan Somasundaram, Swatantra Balamurugan, and Lakshminarayanan Ramaswamy serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    caremb.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74994TN2018PTC120800

  • Company No.

    120800

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Feb 2018

  • Date of AGM

    04 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Business Outsourcing

Who are the key members and board of directors at Care Mb India?

Executive Team (1)

Name Designation Appointment Date Status
Balamurugan Somasundaram Country flag representing In Managing Director 12-Feb-2018 Current

Board Members (2)

Name Designation Appointment Date Status
Swatantra Balamurugan Country flag representing In Director 12-Feb-2018 Current
Lakshminarayanan Ramaswamy Country flag representing In Additional Director 28-Mar-2022 Current

Financial Performance of Care Mb India.

Care Mb India Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 11.42% increase. The company also saw a substantial fall in profitability, with a 673.07% decrease in profit. The company's net worth observed a substantial decline by a decrease of 22.53%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
11.42%
Revenue from Operations
10.65%
Total Assets
-16.82%
Profit or Loss
-673.07%
Net Worth
-22.53%
EBITDA
-38.33%

What is the Ownership and Shareholding Structure of Care Mb India?

Unlock access to Care Mb India's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 0.20 Cr

Latest Charge Details

Date Lender Amount Status
28 Sep 2018 City Union Bank Limited ₹2.00 M Open

How Many Employees Work at Care Mb India?

Care Mb India has a workforce of 81 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Care Mb 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 Care Mb India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

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.

Latest Updates, News, and FAQs on Care Mb India

Recent activity within the organization

  • Annual General Meeting

    Care Mb India Private Limited last Annual general meeting of members was held on 04 Jun 2024 as per latest MCA records.

    04 Jun 2024

  • Balance Sheet

    Care Mb India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Lakshminarayanan Ramaswamy was appointed as a Additional Director was appointed as a Additional Director on 28 Mar 2022 & has been associated with this company since 2 years 10 months .

    28 Mar 2022

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 2.00 M with Charge ID 100211153 was registered on 28 Sep 2018.

    28 Sep 2018

  • Director Appointment

    Balamurugan Somasundaram was appointed as a Managing Director was appointed as a Managing Director on 12 Feb 2018 & has been associated with this company since 7 years 3 days .

    12 Feb 2018

  • Director Appointment

    Swatantra Balamurugan was appointed as a Director was appointed as a Director on 12 Feb 2018 & has been associated with this company since 7 years 3 days .

    12 Feb 2018

Frequently asked questions

  • Care Mb India Private Limited was incorporated on 12 Feb 2018.

  • The authorized share capital of Care Mb India Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Care Mb India Private Limited.

    • Balamurugan Somasundaram
    • Swatantra Balamurugan
    • Lakshminarayanan Ramaswamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Care Mb India Private Limited is Shop No 1-B Door 10 First Floor Taas Mahal, Monteith Road India, Egmore Nungambakka, Tamil Nadu, 600008.

  • The corporate identification number (CIN) of Care Mb India Private Limited is U74994TN2018PTC120800 and the company number is 120800 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Care Mb India Private Limited is https://www.caremb.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Care Mb India Private Limited has risen by 11.42%.

  • As Per 2024 financial reports, 81 employees are currently employed by Care Mb India Private Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Care Mb India Private Limited has experienced an downturn of -22.53%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Care Mb India Private Limited amount to ₹ 2.00 M.

  • The most recent Balance Sheet for Care Mb India Private Limited was filed with the ROC on 31 Mar 2024.