Medrona Billing Services Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 6.80 M
- Company Age 16 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.50 Cr
- Satisfied Charges ₹ 3.07 Cr
- Revenue Growth -1.91%
- Profit Growth -254.69%
- Ebitda -48.64%
- Net Worth 21.76%
- Total Assets 27.14%
About Medrona Billing Services
Medrona Billing Services Private Limited (MBSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 August 2008 and has a history of 16 years and five months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Cascade Billing Services Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 7.50 M and a paid-up capital of Rs 6.80 M.
The company currently has active open charges totaling ₹1.50 Cr. The company has closed loans amounting to ₹3.07 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ammapet Natarajan, Srinivasan Sathya, and Gordon Bell serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U93090TN2008PTC069084
- Company No.
069084
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Aug 2008
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Medrona Billing Services?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ammapet Natarajan  | Director | 29-Aug-2008 | Current |
| Srinivasan Sathya | Director | 26-Nov-2021 | Current |
Gordon Bell  | Director | 18-Nov-2022 | Current |
Financial Performance of Medrona Billing Services.
Medrona Billing Services Private Limited, for the financial year ended 2024, experienced Minor drop in revenue, with a 1.91% decrease. The company also saw a substantial fall in profitability, with a 254.69% decrease in profit. The company's net worth Soared by an impressive increase of 21.76%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Medrona Billing Services?
In 2024, Medrona Billing Services had a promoter holding of 59.34% and a public holding of 40.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹15.00 M
₹30.74 M
Charges Breakdown by Lending Institutions
- Standard Chartered Bank : 1.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Mar 2020 | Standard Chartered Bank | ₹1.50 Cr | Open |
| 28 Sep 2018 | Others | ₹1.00 Cr | Satisfied |
| 18 Aug 2017 | Dena Bank | ₹0.93 M | Satisfied |
| 29 Jul 2011 | Dena Bank | ₹7.50 M | Satisfied |
| 04 Nov 2009 | Dena Bank | ₹1.23 Cr | Satisfied |
How Many Employees Work at Medrona Billing Services?
Medrona Billing Services has a workforce of 191 employees as of Nov 14, 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 Medrona Billing 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 Medrona Billing Services'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.
