Medsave Health Insurance Tpa Limited

Health administration services for insurance companies, simplifying healthcare and settling claims for millions of members.

1992 | Delhi (India) | Active
Last Updated:

Medsave Health Insurance Tpa Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.00 Cr
  • Company Age 32 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.50 Cr
  • Satisfied Charges ₹ 37.29 Cr
  • Revenue Growth 2.34%
  • Profit Growth 5.58%
  • Ebitda 143.86%
  • Net Worth 0.48%
  • Total Assets -8.41%

About Medsave Health Insurance Tpa

Medsave Health Insurance Tpa Limited (MHITL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 October 1992 and has a history of 32 years and six months. Its registered office is in Delhi, India.

The Corporate was formerly known as Sks Finance Ltd. 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.00 Cr.

The company currently has active open charges totaling ₹5.50 Cr. The company has closed loans amounting to ₹37.29 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rony Davidoff, Adish Labru, and Arvind Dadheech serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1992PLC050805

  • Company No.

    050805

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Oct 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

What products or services does Medsave Health Insurance Tpa Limited offer?

Medsave Health Insurance Tpa Limited offers a wide range of products and services, including Diagnostic Imaging & Pathology Labs, Medical Test Services, Medical Consultants & Clinics, Medical Consultancy Services.

Company report

Medsave Health Insurance Tpa Limited

Explore comprehensive data for Medsave Health Insurance Tpa Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Medsave Health Insurance Tpa?

Board Members (3)

NameDesignationAppointment DateStatus
Rony Davidoff Country flag representing Il Nominee Director 24-Dec-2002Current
Adish Labru Country flag representing In Whole-Time Director 08-Jul-2011Current
Arvind Dadheech Country flag representing In Director 20-Mar-2024Current

Financial Performance of Medsave Health Insurance Tpa.

Medsave Health Insurance Tpa Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.34% increase. The company also saw a slight improvement in profitability, with a 5.58% increase in profit. The company's net worth moved up by a moderate rise of 0.48%.

Medsave Health Insurance Tpa revenue growth over time
Medsave Health Insurance Tpa 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
2.34%
Revenue from Operations
11.55%
Total Assets
-8.41%
Profit or Loss
5.58%
Net Worth
0.48%
EBITDA
143.86%

What is the Ownership and Shareholding Structure of Medsave Health Insurance Tpa?

In 2023, Medsave Health Insurance Tpa 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

₹5.50 Cr

Satisfied Charges

₹37.29 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 5.50 Cr

Latest Charge Details

DateLenderAmountStatus
07 Sep 2024Indian Overseas Bank₹5.50 CrOpen
10 Jun 2010Syndicate Bank₹2.60 CrSatisfied
31 Dec 2008Syndicate Bank₹1.00 CrSatisfied
14 Mar 2007Syndicate Bank₹29.69 CrSatisfied
11 Mar 2005Lord Krishna Bank Limited₹1.00 CrSatisfied

How Many Employees Work at Medsave Health Insurance Tpa?

Medsave Health Insurance Tpa has a workforce of 22 employees as of Apr 06, 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.

Employee growth trends for Medsave Health Insurance Tpa Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Medsave Health 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 Medsave Health Insurance Tpa'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 Medsave Health Insurance Tpa

Recent activity within the organization

  • Annual General Meeting

    Medsave Health Insurance Tpa Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 5.50 Cr with Charge ID 100988074 was registered on 07 Sep 2024.

  • Balance Sheet

    Medsave Health Insurance Tpa Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Director Appointment

    Arvind Dadheech was appointed as a Director was appointed as a Director on 20 Mar 2024 & has been associated with this company since 1 year 1 month .

  • Charges

    A charge registered on 10 Jun 2010 via Charge ID 10225768 with Syndicate Bank was fully satisfied on 11 Dec 2017.

  • Charges

    A charge registered on 31 Dec 2008 via Charge ID 10138698 with Syndicate Bank was fully satisfied on 11 Dec 2017.

Frequently asked questions

  • What is the Incorporation or founding date of Medsave Health Insurance Tpa Limited?

    Medsave Health Insurance Tpa Limited was incorporated on 29 Oct 1992.

  • What is authorized share capital and paid-up capital of Medsave Health Insurance Tpa Limited?

    The authorized share capital of Medsave Health Insurance Tpa Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.00 Cr.

  • Who are the current board members & directors of Medsave Health Insurance Tpa Limited?

    Currently 3 directors are associated with Medsave Health Insurance Tpa Limited.

    • Rony Davidoff
    • Adish Labru
    • Arvind Dadheech

  • What is the registered address of Medsave Health Insurance Tpa Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Medsave Health Insurance Tpa Limited is F-701-A Lado Sarai, India, New Delhi, 110030.

  • What is the corporate identification number (CIN) and company number of Medsave Health Insurance Tpa Limited?

    The corporate identification number (CIN) of Medsave Health Insurance Tpa Limited is U74899DL1992PLC050805 and the company number is 050805 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Medsave Health Insurance Tpa Limited?

    The Official website of Medsave Health Insurance Tpa Limited is https://www.medsave.in

  • What has been the recent revenue trend for Medsave Health Insurance Tpa Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Medsave Health Insurance Tpa Limited has risen by 2.34%.

  • How many employees does Medsave Health Insurance Tpa Limited currently have?

    As Per 2023 financial reports, 22 employees are currently employed by Medsave Health Insurance Tpa Limited.

  • What change has been observed in the net worth of Medsave Health Insurance Tpa Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Medsave Health Insurance Tpa Limited has experienced an upsurge of 0.48%.

  • What are the total open charges for Medsave Health Insurance Tpa Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Medsave Health Insurance Tpa Limited amount to ₹ 5.50 Cr.

  • When was the last Balance Sheet of Medsave Health Insurance Tpa Limited filed with the ROC?

    The most recent Balance Sheet for Medsave Health Insurance Tpa Limited was filed with the ROC on 31 Mar 2024.

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