Medinnova Systems Private Limited

Specializes in outfitting healthcare facilities with new and refurbished medical equipment, including CT scanners. Offers turnkey projects for hospitals and surgical centers.

2006 | Manjusar, Gujarat (India) | Active
Last Updated: July 03, 2024

Medinnova Systems Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.23 M
  • Company Age 18 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.50 Cr
  • Revenue Growth 17.44%
  • Profit Growth 4.81%
  • Ebitda 220.89%
  • Net Worth 3.58%
  • Total Assets -3.29%

About Medinnova Systems

Medinnova Systems Private Limited (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 December 2006 and has a history of 18 years and two months. Its registered office is in Manjusar, Gujarat, India.

The Corporate was formerly known as Soma Tech Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 7.50 M and a paid-up capital of Rs 7.23 M.

The company currently has active open charges totaling ₹10.50 Cr.

Kaushal Parikh and Biharilal Parikh serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U36109GJ2006PTC049637

  • Company No.

    049637

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Dec 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Healthcare

What products or services does Medinnova Systems Private Limited offer?

Medinnova Systems Private Limited offers a wide range of products and services, including Surgical & ICU Equipments, Patient Monitoring System, Endoscopy & Laparoscopy instruments, Surgical Equipments, Anaesthesia Machine, Electrosurgical Unit, Defibrillators, Philips Defibrillators, Catheter, Intra Aortic Balloon Pump Machine.

Who are the key members and board of directors at Medinnova Systems?

Board Members (2)

NameDesignationAppointment DateStatus
Kaushal Parikh Country flag representing In Director 22-Sep-2014Current
Biharilal Parikh Country flag representing In Director 23-Dec-2006Current

Financial Performance of Medinnova Systems.

Medinnova Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.44% increase. The company also saw a slight improvement in profitability, with a 4.81% increase in profit. The company's net worth moved up by a moderate rise of 3.58%.

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
17.44%
Revenue from Operations
18.66%
Total Assets
-3.29%
Profit or Loss
4.81%
Net Worth
3.58%
EBITDA
220.89%

What is the Ownership and Shareholding Structure of Medinnova Systems?

In 2023, Medinnova Systems 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

₹105.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 8.50 Cr
  • Axis Bank Limited : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
24 Mar 2023Others₹7.00 CrOpen
24 Mar 2023Others₹1.50 CrOpen
21 Jan 2022Axis Bank Limited₹2.00 CrOpen

How Many Employees Work at Medinnova Systems?

Medinnova Systems has a workforce of 61 employees as of Apr 05, 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 Medinnova Systems, 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 Medinnova Systems'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 Medinnova Systems

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Medinnova Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 70.00 M registered on 24 Mar 2023 with Charge ID 100694015 was modified on 29 Mar 2023.

    29 Mar 2023

  • Charges

    A charge with Others of Rs. 15.00 M registered on 24 Mar 2023 with Charge ID 100694019 was modified on 29 Mar 2023.

    29 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 70.00 M with Charge ID 100694015 was registered on 24 Mar 2023.

    24 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 15.00 M with Charge ID 100694019 was registered on 24 Mar 2023.

    24 Mar 2023

Frequently asked questions

  • Medinnova Systems Private Limited was incorporated on 23 Dec 2006.

  • The authorized share capital of Medinnova Systems Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.23 M.

  • Currently 2 directors are associated with Medinnova Systems Private Limited.

    • Kaushal Biharibhai Parikh
    • Biharilal Parikh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Medinnova Systems Private Limited is E114 Gidc Savli At Manjusar, Gujarat, India, 391775.

  • The corporate identification number (CIN) of Medinnova Systems Private Limited is U36109GJ2006PTC049637 and the company number is 049637 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Medinnova Systems Private Limited is https://www.medinnovasystems.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Medinnova Systems Private Limited has risen by 17.44%.

  • As Per 2023 financial reports, 61 employees are currently employed by Medinnova Systems Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Medinnova Systems Private Limited has experienced an upsurge of 3.58%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Medinnova Systems Private Limited amount to ₹ 10.50 Cr.

  • The most recent Balance Sheet for Medinnova Systems Private Limited was filed with the ROC on 31 Mar 2023.

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