Grace Medical Services Private Limited

Provides medical services such as testing, research, and diagnostic centers for government and public.

2020 | Vadodara, Gujarat (India) | Active
Last Updated: November 02, 2024

Grace Medical Services Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 4 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.60 M
  • Revenue Growth -42.43%
  • Profit Growth -12.99%
  • Ebitda 55.60%
  • Net Worth 42.43%
  • Total Assets 91.24%

About Grace Medical Services

Grace Medical Services Private Limited (GMSPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 June 2020 (Four years and seven months 30 days old ). Its registered office is in Vadodara, Gujarat, India.

The Company is engaged in the Healthcare Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. 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 ₹9.60 M.

Bhavin Patel and Gayatri Patel serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U85100GJ2020PTC113955

  • Company No.

    113955

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jun 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Healthcare

Who are the key members and board of directors at Grace Medical Services?

Board Members (2)

Name Designation Appointment Date Status
Bhavin Patel Country flag representing In Director 14-Jun-2020 Current
Gayatri Patel Country flag representing In Director 14-Jun-2020 Current

Financial Performance of Grace Medical Services.

Grace Medical Services Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 42.43% decrease. The company also saw a substantial fall in profitability, with a 12.99% decrease in profit. The company's net worth Soared by an impressive increase of 42.43%.

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
-42.43%
Revenue from Operations
-42.49%
Total Assets
91.24%
Profit or Loss
-12.99%
Net Worth
42.43%
EBITDA
55.60%

What is the Ownership and Shareholding Structure of Grace Medical Services?

Unlock access to Grace Medical Services'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

₹9.60 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 0.50 Cr
  • Others : 0.46 Cr

Latest Charge Details

Date Lender Amount Status
08 Jan 2024 Yes Bank Limited ₹5.00 M Open
06 Jun 2023 Others ₹4.60 M Open

How Many Employees Work at Grace Medical Services?

Grace Medical Services has a workforce of 21 employees as of Apr 01, 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 Grace Medical Services, 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 Grace Medical Services'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 Grace Medical Services

Recent activity within the organization

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 5.00 M with Charge ID 100856871 was registered on 08 Jan 2024.

    08 Jan 2024

  • Annual General Meeting

    Grace Medical Services Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 4.60 M with Charge ID 100732749 was registered on 06 Jun 2023.

    06 Jun 2023

  • Balance Sheet

    Grace Medical Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Bhavin Bhurabhai Patel was appointed as a Director was appointed as a Director on 14 Jun 2020 & has been associated with this company since 4 years 7 months .

    14 Jun 2020

  • Director Appointment

    Gayatri Bhavin Patel was appointed as a Director was appointed as a Director on 14 Jun 2020 & has been associated with this company since 4 years 7 months .

    14 Jun 2020

Frequently asked questions

  • Grace Medical Services Private Limited was incorporated on 14 Jun 2020.

  • The authorized share capital of Grace Medical Services Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Grace Medical Services Private Limited.

    • Bhavin Bhurabhai Patel
    • Gayatri Bhavin Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Grace Medical Services Private Limited is Ff 8 Silver Coin Opp Bhavan School Makarpura Road, India, Vadodara, Gujarat, 390014.

  • The corporate identification number (CIN) of Grace Medical Services Private Limited is U85100GJ2020PTC113955 and the company number is 113955 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Grace Medical Services Private Limited is https://www.gracelaboratory.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Grace Medical Services Private Limited has fallen by -42.43%.

  • As Per 2023 financial reports, 21 employees are currently employed by Grace Medical Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Grace Medical Services Private Limited has experienced an upsurge of 42.43%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Grace Medical Services Private Limited amount to ₹ 9.60 M.

  • The most recent Balance Sheet for Grace Medical Services Private Limited was filed with the ROC on 31 Mar 2023.