Medi Assist Insurance Tpa Profile
Key Indicators
- Authorised Capital ₹ 12.02 Cr
as on 09-07-2024
- Paid Up Capital ₹ 4.01 Cr
as on 09-07-2024
- Company Age 25 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 34.00 Cr
as on 09-07-2024
- Satisfied Charges ₹ 190.00 Cr
as on 09-07-2024
- Revenue 26.44%
(FY 2023)
- Profit 68.97%
(FY 2023)
- Ebitda 48.73%
(FY 2023)
- Net Worth 20.84%
(FY 2023)
- Total Assets 11.75%
(FY 2023)
About Medi Assist Insurance Tpa
The Corporate was formerly known as Medi Assist India Tpa Private Limited. The Company is engaged in the Financial Services 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 12.02 Cr and a paid-up capital of Rs 4.01 Cr.
The company currently has active open charges totaling ₹34.00 Cr. The company has closed loans amounting to ₹190.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Medi Assist Insurance Tpa Private Limited India is Bhiganahalli Rashmi as COMPANY SECRETARY. Himani Kapadia, Vikram Chhatwal, Nikhil Chopra, and Two other members serve as directors at the Company.
- CIN/LLPIN
U85199KA1999PTC025676
- Company No.
025676
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Sep 1999
- Date of AGM
31 Jul 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Medi Assist Insurance Tpa Private Limited offer?
Medi Assist Insurance Tpa Private Limited offers a wide range of products and services, including Insurance Service, Health Insurance, Business Insurances, Professional Liability Insurance, Health Care Service, Insurance Agents and Services.
Who are the key members and board of directors at Medi Assist Insurance Tpa?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Bhiganahalli Rashmi | Company Secretary | 05-Jan-2024 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Srimathi Ranganathan  | Director | 11-Aug-2014 | Current |
| Satish Gidugu | Director | 25-Jul-2014 | Current |
| Vikram Chhatwal | Director | 11-May-2006 | Current |
| Himani Kapadia | Director | 03-Mar-2021 | Current |
| Nikhil Chopra | Whole-Time Director | 01-Mar-2021 | Current |
Financial Performance and Corporate Structure Insights of Medi Assist Insurance Tpa.
Medi Assist Insurance Tpa Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.44% increase. The company also saw a substantial improvement in profitability, with a 68.97% increase in profit. The company's net worth Soared by an impressive increase of 20.84%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Medi Assist Insurance Tpa?
In 2023, Medi Assist Insurance Tpa had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Raksha Health Insurance Tpa Private LimitedActive 22 years 10 monthsNikhil Chopra is a mutual person
Medi Assist Healthcare Services LimitedActive 24 years 6 monthsHimani Kapadia, Vikram Chhatwal and 1 more are mutual person
- Medimatter Health Management Private LimitedActive 15 years 10 months
Vikram Chhatwal is a mutual person
- Mayfair Consultancy Services India Private LimitedActive 15 years 11 months
Nikhil Chopra is a mutual person
- International Healthcare Management Services Private LimitedActive 16 years 3 days
Nikhil Chopra is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 23 Feb 2022 | ₹4.00 Cr | Open |
Others Creation Date: 17 Jan 2017 | ₹30.00 Cr | Open |
Hdfc Bank Limited Creation Date: 26 Dec 2019 | ₹30.00 Cr | Satisfied |
How Many Employees Work at Medi Assist Insurance Tpa?
Medi Assist Insurance Tpa has a workforce of 4074 employees as of Apr 09, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Medi Assist Insurance Tpa, 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 Insurance Tpa's trajectory.
Rating
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
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.
