Medi Assist Healthcare Services Limited

Provides TPA and allied services to healthcare sector, including health benefits administration and disease management.

2000 | Bangalore, Karnataka (India) | Active
Last Updated: April 21, 2024

Medi Assist Healthcare Services Profile

Key Indicators

  • Authorised Capital ₹ 45.35 Cr
  • Paid Up Capital ₹ 35.10 Cr
  • Company Age 24 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 15.00 Cr
  • Revenue Growth 30.44%
  • Profit Growth -10.29%
  • Ebitda -75.67%
  • Net Worth 0.41%
  • Total Assets 1.39%

About Medi Assist Healthcare Services

Medi Assist Healthcare Services Limited (MAHSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 June 2000 and has a history of 24 years and eight months. Its registered office is in Bangalore, Karnataka, India.

The Corporate was formerly known as Medi Assist Healthcare Services Private Limited. The Company is engaged in the Finance And Insurance 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 45.35 Cr and a paid-up capital of Rs 35.10 Cr.

The company has closed loans amounting to ₹15.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Medi Assist Healthcare Services Limited India are Satish Gidugu as Ceo, Mathew George as Cfo, and Simmi Singh as Company Secretary. Ananda Mukerji, Ritu Anand, Anil Chanana, and Six other members serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    medibuddy.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74900KA2000PLC027229

  • Company No.

    027229

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Jun 2000

  • Date of AGM

    24 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Finance and Insurance

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

Executive Team (3)

NameDesignationAppointment DateStatus
Satish Gidugu CEO01-Mar-2021Current
Mathew George Country flag representing In CFO03-Mar-2021Current
Simmi Singh Country flag representing In Company Secretary18-Feb-2023Current

Board Members (9)

NameDesignationAppointment DateStatus
Vishal Gupta Country flag representing In Director 07-Dec-2011Current
Satish Gidugu Country flag representing In Whole-Time Director 01-Apr-2020Current
Vikram Chhatwal Country flag representing In Whole-Time Director 30-Mar-2007Current
Anil Chanana Country flag representing In Director 05-Mar-2021Current
Ananda Mukerji Country flag representing In Director 11-Mar-2021Current
Ritu Anand Country flag representing In Director 05-Mar-2021Current

Financial Performance of Medi Assist Healthcare Services.

Medi Assist Healthcare Services Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.44% increase. The company also saw a substantial fall in profitability, with a 10.29% decrease in profit. The company's net worth moved up by a moderate rise of 0.41%.

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
30.44%
Revenue from Operations
16.73%
Total Assets
1.39%
Profit or Loss
-10.29%
Net Worth
0.41%
EBITDA
-75.67%

What is the Ownership and Shareholding Structure of Medi Assist Healthcare Services?

In 2023, Medi Assist Healthcare Services had a promoter holding of 67.55% and a public holding of 32.46%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹15.00 Cr

Charges Breakdown by Lending Institutions

  • Svb India Finance Private Limited : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
06 Aug 2011Svb India Finance Private Limited₹15.00 CrSatisfied

How Many Employees Work at Medi Assist Healthcare Services?

Medi Assist Healthcare Services has a workforce of 52 employees as of Apr 21, 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 Medi Assist 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 Medi Assist 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 Medi Assist Healthcare Services

Recent activity within the organization

  • Annual General Meeting

    Medi Assist Healthcare Services Limited last Annual general meeting of members was held on 24 Jul 2023 as per latest MCA records.

    24 Jul 2023

  • Balance Sheet

    Medi Assist Healthcare Services Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Ananda Mukerji was appointed as a Director was appointed as a Director on 11 Mar 2021 & has been associated with this company since 3 years 11 months .

    11 Mar 2021

  • Director Appointment

    Ritu Niraj Anand was appointed as a Director was appointed as a Director on 05 Mar 2021 & has been associated with this company since 3 years 11 months .

    05 Mar 2021

  • Director Appointment

    Anil Kumar Chanana was appointed as a Director was appointed as a Director on 05 Mar 2021 & has been associated with this company since 3 years 11 months .

    05 Mar 2021

  • Director Appointment

    Gopalan Srinivasan was appointed as a Director was appointed as a Director on 05 Mar 2021 & has been associated with this company since 3 years 11 months .

    05 Mar 2021

Frequently asked questions

  • Medi Assist Healthcare Services Limited was incorporated on 07 Jun 2000.

  • The authorized share capital of Medi Assist Healthcare Services Limited is ₹ 45.35 Cr and paid-up capital is ₹ 35.10 Cr.

  • Currently 12 directors are associated with Medi Assist Healthcare Services Limited.

    • Ananda Mukerji
    • Ritu Niraj Anand
    • Anil Kumar Chanana
    • Himani Atul Kapadia
    • Vikram Jit Singh Chhatwal
    • Gopalan Srinivasan
    • Vishal Vijay Gupta
    • Gaurav Sharma
    • Satish Venkata Naga Gidugu
    • Satish Gidugu
    • Mathew George
    • Simmi Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Medi Assist Healthcare Services Limited is Tower D 4Th Floor Ibc Knowledge Park, 4/1 Bannerghatta Road, Bangalore, Karnataka, India, 560029.

  • The corporate identification number (CIN) of Medi Assist Healthcare Services Limited is U74900KA2000PLC027229 and the company number is 027229 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Medi Assist Healthcare Services Limited is https://www.medibuddy.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Medi Assist Healthcare Services Limited has risen by 30.44%.

  • As Per 2023 financial reports, 52 employees are currently employed by Medi Assist Healthcare Services Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Medi Assist Healthcare Services Limited has experienced an upsurge of 0.41%.

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

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