Medconverge Healthcare Services Private Limited

Provides BPO and KPO services for medical billing and coding, software development, and recruitment.

2016 | Hyderabad, Telangana (India) | Active
Last Updated: December 19, 2024

Medconverge Healthcare Services Profile

Key Indicators

  • Authorised Capital ₹ 0.60 M
  • Paid Up Capital ₹ 0.58 M
  • Company Age 9 Year, 27 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.33 M
  • Revenue Growth 21.13%
  • Profit Growth 109.33%
  • Ebitda -29.33%
  • Net Worth 10.62%
  • Total Assets 7.06%

About Medconverge Healthcare Services

Medconverge Healthcare Services Private Limited (MHSPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 January 2016 (Nine years 27 days old ). Its registered office is in Hyderabad, Telangana, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 0.60 M and a paid-up capital of Rs 0.58 M.

The company currently has active open charges totaling ₹2.33 M.

Omshanti Mocherla, Srikant Bommireddipalli, and Sirisha Bommireddipalli serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74120TG2016PTC102700

  • Company No.

    102700

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Jan 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Business Outsourcing

Who are the key members and board of directors at Medconverge Healthcare Services?

Executive Team (1)

Name Designation Appointment Date Status
Srikant Bommireddipalli Country flag representing In Managing Director 12-Jan-2016 Current

Board Members (2)

Name Designation Appointment Date Status
Omshanti Mocherla Country flag representing Us Nominee Director 12-Jan-2016 Current
Sirisha Bommireddipalli Country flag representing In Director 12-Jan-2016 Current

Financial Performance of Medconverge Healthcare Services.

Medconverge Healthcare Services Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 21.13% increase. The company also saw a substantial improvement in profitability, with a 109.33% increase in profit. The company's net worth Soared by an impressive increase of 10.62%.

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
21.13%
Revenue from Operations
21.20%
Total Assets
7.06%
Profit or Loss
109.33%
Net Worth
10.62%
EBITDA
-29.33%

What is the Ownership and Shareholding Structure of Medconverge Healthcare Services?

In 2021, Medconverge Healthcare Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.33 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.23 Cr

Latest Charge Details

Date Lender Amount Status
01 Jan 2022 Hdfc Bank Limited ₹2.33 M Open

How Many Employees Work at Medconverge Healthcare Services?

Medconverge Healthcare Services has a workforce of 216 employees as of Apr 02, 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 Medconverge Healthcare 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 Medconverge Healthcare 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 Medconverge Healthcare Services

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Medconverge Healthcare Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.33 M with Charge ID 100549130 was registered on 01 Jan 2022.

    01 Jan 2022

  • Director Appointment

    Omshanti Mocherla was appointed as a Nominee Director was appointed as a Nominee Director on 12 Jan 2016 & has been associated with this company since 9 years 27 days .

    12 Jan 2016

  • Director Appointment

    Srikant Bommireddipalli was appointed as a Managing Director was appointed as a Managing Director on 12 Jan 2016 & has been associated with this company since 9 years 27 days .

    12 Jan 2016

  • Director Appointment

    Sirisha Bommireddipalli was appointed as a Director was appointed as a Director on 12 Jan 2016 & has been associated with this company since 9 years 27 days .

    12 Jan 2016

Frequently asked questions

  • Medconverge Healthcare Services Private Limited was incorporated on 12 Jan 2016.

  • The authorized share capital of Medconverge Healthcare Services Private Limited is ₹ 0.60 M and paid-up capital is ₹ 0.58 M.

  • Currently 3 directors are associated with Medconverge Healthcare Services Private Limited.

    • Omshanti Mocherla
    • Srikant Bommireddipalli
    • Sirisha Bommireddipalli
  • As per Ministry of Corporate Affairs (Mca), the registered address of Medconverge Healthcare Services Private Limited is Plot No 550-B 2Nd Floor Anita Square Road 92, Jubilee Hills India, Hyderabad, Telangana, 500033.

  • The corporate identification number (CIN) of Medconverge Healthcare Services Private Limited is U74120TG2016PTC102700 and the company number is 102700 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Medconverge Healthcare Services Private Limited is https://www.medconverge.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Medconverge Healthcare Services Private Limited has risen by 21.13%.

  • As Per 2021 financial reports, 216 employees are currently employed by Medconverge Healthcare Services Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Medconverge Healthcare Services Private Limited has experienced an upsurge of 10.62%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Medconverge Healthcare Services Private Limited amount to ₹ 2.33 M.

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