Iris Medical Solutions Private Limited

Provides medical billing, transcription, and software services to US healthcare industry.

2005 | Ernakulam, Kerala (India) | Active
Last Updated: January 30, 2025

Iris Medical Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 19 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.50 M
  • Satisfied Charges ₹ 7.60 M
  • Revenue Growth 16.35%
  • Profit Growth 66.82%
  • Ebitda 37.35%
  • Net Worth 20.12%
  • Total Assets 6.51%

About Iris Medical Solutions

Iris Medical Solutions Private Limited (IMSPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 August 2005 and has a history of 19 years and five months. Its registered office is in Ernakulam, Kerala, India.

The Company is engaged in the Information Technology 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 0.20 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹7.50 M. The company has closed loans amounting to ₹7.60 M, as per Ministry of Corporate Affairs (MCA) records.

Chemparathy Vince and Reena Vince serve as directors at the Company.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200KL2005PTC018568

  • Company No.

    018568

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Aug 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Information Technology
Business Outsourcing

Who are the key members and board of directors at Iris Medical Solutions?

Executive Team (1)

Name Designation Appointment Date Status
Chemparathy Vince Country flag representing In Managing Director 25-Aug-2005 Current

Board Members (1)

Name Designation Appointment Date Status
Reena Vince Country flag representing In Director 09-Jan-2017 Current

Financial Performance of Iris Medical Solutions.

Iris Medical Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.35% increase. The company also saw a substantial improvement in profitability, with a 66.82% increase in profit. The company's net worth Soared by an impressive increase of 20.12%.

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
16.35%
Revenue from Operations
16.05%
Total Assets
6.51%
Profit or Loss
66.82%
Net Worth
20.12%
EBITDA
37.35%

What is the Ownership and Shareholding Structure of Iris Medical Solutions?

Unlock access to Iris Medical Solutions'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

₹7.50 M

Satisfied Charges

₹7.60 M

Charges Breakdown by Lending Institutions

  • Others : 0.75 Cr

Latest Charge Details

Date Lender Amount Status
12 Mar 2024 Others ₹1.50 M Open
18 Aug 2021 Others ₹6.00 M Open
28 Oct 2015 The South Indian Bank Limited ₹2.70 M Satisfied
26 Feb 2014 The Federal Bank Limited ₹1.20 M Satisfied
16 Jan 2013 The Federal Bank Limited ₹0.70 M Satisfied

How Many Employees Work at Iris Medical Solutions?

Iris Medical Solutions has a workforce of 40 employees as of Apr 04, 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 Iris Medical Solutions, 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 Iris Medical Solutions'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 Iris Medical Solutions

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 1.50 M with Charge ID 100920227 was registered on 12 Mar 2024.

    12 Mar 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Iris Medical Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 6.00 M with Charge ID 100473688 was registered on 18 Aug 2021.

    18 Aug 2021

  • Charges

    A charge registered on 28 Oct 2015 via Charge ID 10603558 with The South Indian Bank Limited was fully satisfied on 21 Jan 2021.

    21 Jan 2021

  • Charges

    A charge registered on 26 Feb 2014 via Charge ID 10501227 with The Federal Bank Limited was fully satisfied on 21 Jan 2021.

    21 Jan 2021

Frequently asked questions

  • Iris Medical Solutions Private Limited was incorporated on 25 Aug 2005.

  • The authorized share capital of Iris Medical Solutions Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Iris Medical Solutions Private Limited.

    • Chemparathy Vince
    • Reena Vince
  • As per Ministry of Corporate Affairs (Mca), the registered address of Iris Medical Solutions Private Limited is Iris Medical Solutions Private Limited Ist Floor K R F Square Seaport - Airp Ort Road, India, Kochi, Kerala, 682021.

  • The corporate identification number (CIN) of Iris Medical Solutions Private Limited is U72200KL2005PTC018568 and the company number is 018568 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Iris Medical Solutions Private Limited is https://www.iris-iic.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Iris Medical Solutions Private Limited has risen by 16.35%.

  • As Per 2023 financial reports, 40 employees are currently employed by Iris Medical Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Iris Medical Solutions Private Limited has experienced an upsurge of 20.12%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Iris Medical Solutions Private Limited amount to ₹ 7.50 M.

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

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