Innovative Medicare Technologies Private Limited

Manufactures medical, precision, optical instruments, watches, and clocks.

1999 | Rupnagar, Punjab (India) | Active
Last Updated:

Innovative Medicare Technologies Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.98 M
  • Company Age 25 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 23.01 Cr
  • Satisfied Charges ₹ 21.00 Cr
  • Revenue Growth -85.76%
  • Profit Growth -86.85%
  • Ebitda -100.89%
  • Net Worth 5.05%
  • Total Assets -50.03%

About Innovative Medicare Technologies

Innovative Medicare Technologies Private Limited (IMTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 June 1999 and has a history of 25 years and ten months. Its registered office is in Rupnagar, Punjab, 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 4.98 M.

The company currently has active open charges totaling ₹23.01 Cr. The company has closed loans amounting to ₹21.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jaspal Singh, Ajay Jain, and Tarun Sethi serve as directors at the Company.

Company Details

  • Location

    Rupnagar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U33111PB1999PTC052395

  • Company No.

    022675

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Jun 1999

  • Date of AGM

    11 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Healthcare
Company report

Innovative Medicare Technologies Private Limited

Explore comprehensive data for Innovative Medicare Technologies Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Innovative Medicare Technologies?

Board Members (3)

NameDesignationAppointment DateStatus
Jaspal Singh Country flag representing In Director 11-Jun-1999Current
Ajay Jain Country flag representing In Director 12-Jul-2010Current
Tarun Sethi Country flag representing In Director 11-Jun-1999Current

Financial Performance of Innovative Medicare Technologies.

Innovative Medicare Technologies Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 85.76% decrease. The company also saw a substantial fall in profitability, with a 86.85% decrease in profit. The company's net worth moved up by a moderate rise of 5.05%.

Innovative Medicare Technologies revenue growth over time
Innovative Medicare Technologies 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
-85.76%
Revenue from Operations
-87.32%
Total Assets
-50.03%
Profit or Loss
-86.85%
Net Worth
5.05%
EBITDA
-100.89%

What is the Ownership and Shareholding Structure of Innovative Medicare Technologies?

In 2023, Innovative Medicare Technologies had a promoter holding of 85.15% and a public holding of 14.85%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹230.10 M

Satisfied Charges

₹210.00 M

Charges Breakdown by Lending Institutions

  • Others : 21.55 Cr
  • The Federal Bank Ltd. : 0.85 Cr
  • The Federal Bank Limited : 0.56 Cr
  • Federal Bank Limited : 0.05 Cr

Latest Charge Details

DateLenderAmountStatus
22 Nov 2022Others₹6.50 MOpen
24 May 2022Others₹5.00 MOpen
03 Jan 2022Others₹4.00 MOpen
23 Jun 2021Others₹7.00 CrOpen
09 Nov 2011The Federal Bank Limited₹0.40 MOpen

How Many Employees Work at Innovative Medicare Technologies?

Innovative Medicare Technologies has a workforce of 13 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.

Employee growth trends for Innovative Medicare Technologies Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Innovative Medicare Technologies, 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 Innovative Medicare Technologies'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 Innovative Medicare Technologies

Recent activity within the organization

  • Annual General Meeting

    Innovative Medicare Technologies Private Limited last Annual general meeting of members was held on 11 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 130.00 M registered on 06 May 2011 with Charge ID 10288869 was modified on 20 Apr 2024.

  • Balance Sheet

    Innovative Medicare Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Charges

    A charge with Others amounted to Rs. 6.50 M with Charge ID 100653241 was registered on 22 Nov 2022.

  • Charges

    A charge with Others amounted to Rs. 5.00 M with Charge ID 100586043 was registered on 24 May 2022.

  • Charges

    A charge with Others amounted to Rs. 4.00 M with Charge ID 100527601 was registered on 03 Jan 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Innovative Medicare Technologies Private Limited?

    Innovative Medicare Technologies Private Limited was incorporated on 11 Jun 1999.

  • What is authorized share capital and paid-up capital of Innovative Medicare Technologies Private Limited?

    The authorized share capital of Innovative Medicare Technologies Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.98 M.

  • Who are the current board members & directors of Innovative Medicare Technologies Private Limited?

    Currently 3 directors are associated with Innovative Medicare Technologies Private Limited.

    • Jaspal Singh
    • Ajay Kumar Jain
    • Tarun Sethi
  • What is the registered address of Innovative Medicare Technologies Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Innovative Medicare Technologies Private Limited is F. No-469, Ph-8 Sas Nagar Indl Area India, Mohali, Punjab, 160071.

  • What is the corporate identification number (CIN) and company number of Innovative Medicare Technologies Private Limited?

    The corporate identification number (CIN) of Innovative Medicare Technologies Private Limited is U33111PB1999PTC052395 and the company number is 022675 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Innovative Medicare Technologies Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Innovative Medicare Technologies Private Limited has fallen by -85.76%.

  • How many employees does Innovative Medicare Technologies Private Limited currently have?

    As Per 2023 financial reports, 13 employees are currently employed by Innovative Medicare Technologies Private Limited.

  • What change has been observed in the net worth of Innovative Medicare Technologies Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Innovative Medicare Technologies Private Limited has experienced an upsurge of 5.05%.

  • What are the total open charges for Innovative Medicare Technologies Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Innovative Medicare Technologies Private Limited amount to ₹ 23.01 Cr.

  • When was the last Balance Sheet of Innovative Medicare Technologies Private Limited filed with the ROC?

    The most recent Balance Sheet for Innovative Medicare Technologies Private Limited was filed with the ROC on 31 Mar 2024.

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