Medvantage Insurance Tpa Private Limited logo

Medvantage Insurance Tpa Private Limited

Health insurance TPA providing administration, claims management, and self-service technology.
2001 | Thane, Maharashtra (India) | Merged

Last Updated:

May 13, 2024
HomeCompanyMedvantage Insurance Tpa Private Limited

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

Board Members(3)

NameDesignationAppointment DateStatus
Vikram Chhatwal In Director 13-Feb-2023Current
Nikhil Chopra In Director 14-Feb-2023Current
Himanshu Rastogi In Director 13-Feb-2023Current

Financial Performance and Corporate Structure Insights of Medvantage Insurance Tpa.

Medvantage Insurance Tpa Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.25% decrease. The company also saw a substantial fall in profitability, with a 1275.19% decrease in profit. The company's net worth observed a substantial decline by a decrease of 49.82%.

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Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-27.25%
Revenue from Operations
-27.68%
Total Assets
-29.31%
Profit or Loss
-1275.19%
Net Worth
-49.82%
EBITDA
-1085.51%

Related Corporates (Common Directorship)

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

How Many Employees Work at Medvantage Insurance Tpa?

Medvantage Insurance Tpa has a workforce of 8 employees as of Apr 07, 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.

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Latest Updates, News, and FAQs on Medvantage Insurance Tpa

Recent activity within the organization

  • Annual General Meeting

    Medvantage Insurance Tpa Private Limited last Annual general meeting of members was held on 31 Jul 2023 as per latest MCA records.

    31 Jul 2023

  • Balance Sheet

    Medvantage Insurance Tpa Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Nikhil Chopra was appointed as a Director was appointed as a Director on 14 Feb 2023 & has been associated with this company since 1 year 10 months .

    14 Feb 2023

  • Director Appointment

    Vikram Jit Singh Chhatwal was appointed as a Director was appointed as a Director on 13 Feb 2023 & has been associated with this company since 1 year 10 months .

    13 Feb 2023

  • Director Appointment

    Himanshu Rastogi was appointed as a Director was appointed as a Director on 13 Feb 2023 & has been associated with this company since 1 year 10 months .

    13 Feb 2023

  • Company Incorporation

    Medvantage Insurance Tpa Private Limited was registered on 01 Nov 2001 with Roc Mumbai & aged 23 years 1 month as per MCA records.

    01 Nov 2001

Frequently asked questions

  • Medvantage Insurance Tpa Private Limited was incorporated on 01 Nov 2001.

  • The authorized share capital of Medvantage Insurance Tpa Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 5.67 Cr.

  • Currently 3 directors are associated with Medvantage Insurance Tpa Private Limited.

    • Vikram Jit Singh Chhatwal
    • Nikhil Chopra
    • Himanshu Rastogi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Medvantage Insurance Tpa Private Limited is Empire Business Centre Off.1731 1732&1733 17Th F, Empire Tower Cloud City Campus Reliable Tech Park, Airoli Navi Mumbai, Maharashtra, India, 400708.

  • The corporate identification number (CIN) of Medvantage Insurance Tpa Private Limited is U85190MH2001PTC133829 and the company number is 133829 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Medvantage Insurance Tpa Private Limited is https://www.uhcpindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Medvantage Insurance Tpa Private Limited has fallen by -27.25%.

  • As Per 2023 financial reports, 8 employees are currently employed by Medvantage Insurance Tpa Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Medvantage Insurance Tpa Private Limited has experienced an downturn of -49.82%.

  • The most recent Balance Sheet for Medvantage Insurance Tpa Private Limited was filed with the ROC on 31 Mar 2023.