Ormed Medical Techonology Limited

Manufacturer of orthopedic products, including hip prosthesis, surgical tools, and wound drainage systems.

1990 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated:

Ormed Medical Techonology Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.25 Cr
  • Company Age 35 Year, 23 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.00 M
  • Revenue Growth 29.28%
  • Profit Growth 776.05%
  • Ebitda 463.30%
  • Net Worth 12.69%
  • Total Assets -25.50%

About Ormed Medical Techonology

Ormed Medical Techonology Limited (OMTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 April 1990 and has a history of 35 years. Its registered office is in Tiruvallur, Tamil Nadu, India.

The Corporate was formerly known as Hug Medical 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 2024. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 1.25 Cr.

The company currently has active open charges totaling ₹6.00 M.

Gottigere Somadas, Sudha Somadas, Sharanabasaweshwar Hiremath, and One other member serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24231TN1990PLC019022

  • Company No.

    019022

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Apr 1990

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Healthcare

What products or services does Ormed Medical Techonology Limited offer?

Ormed Medical Techonology Limited offers a wide range of products and services, including Drains and Gutters, Floor Drains, Orthopedic Trauma Implants, Medical Implants, Medical Equipment & Accessories, Medical Instruments, Wheelchairs, Commode Wheelchair, Orthopedic Equipment & Supplies, Hip Prosthesis.

Company report

Ormed Medical Techonology Limited

Explore comprehensive data for Ormed Medical Techonology Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Ormed Medical Techonology?

Board Members (4)

NameDesignationAppointment DateStatus
Sharanabasaweshwar Hiremath Country flag representing In Additional Director 16-Jan-2024Current
Gottigere Somadas Country flag representing In Director 04-Jan-2017Current
Sudha Somadas Country flag representing In Director 24-Oct-2024Current
Badarahalli Pundareeka Country flag representing In Additional Director 16-Jan-2024Current

Financial Performance of Ormed Medical Techonology.

Ormed Medical Techonology Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.28% increase. The company also saw a substantial improvement in profitability, with a 776.05% increase in profit. The company's net worth Soared by an impressive increase of 12.69%.

Ormed Medical Techonology revenue growth over time
Ormed Medical Techonology 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
29.28%
Revenue from Operations
29.54%
Total Assets
-25.50%
Profit or Loss
776.05%
Net Worth
12.69%
EBITDA
463.30%

What is the Ownership and Shareholding Structure of Ormed Medical Techonology?

In 2023, Ormed Medical Techonology 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.60 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of Madura Ltd. : 0.60 Cr

Latest Charge Details

DateLenderAmountStatus
05 Jul 1995Bank Of Madura Ltd.₹6.00 MOpen

How Many Employees Work at Ormed Medical Techonology?

Ormed Medical Techonology has a workforce of 28 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.

Employee growth trends for Ormed Medical Techonology Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ormed Medical Techonology, 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 Ormed Medical Techonology'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 Ormed Medical Techonology

Recent activity within the organization

  • Director Appointment

    Sudha Somadas was appointed as a Director was appointed as a Director on 24 Oct 2024 & has been associated with this company since 6 months 9 days .

  • Annual General Meeting

    Ormed Medical Techonology Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Ormed Medical Techonology Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Director Appointment

    Sharanabasaweshwar Gangadharayya Hiremath was appointed as a Additional Director was appointed as a Additional Director on 16 Jan 2024 & has been associated with this company since 1 year 3 months .

  • Director Appointment

    Badarahalli Lakshmaiah Pundareeka was appointed as a Additional Director was appointed as a Additional Director on 16 Jan 2024 & has been associated with this company since 1 year 3 months .

  • Director Appointment

    Gottigere Chandrashekar Somadas was appointed as a Director was appointed as a Director on 04 Jan 2017 & has been associated with this company since 8 years 3 months .

Frequently asked questions

  • What is the Incorporation or founding date of Ormed Medical Techonology Limited?

    Ormed Medical Techonology Limited was incorporated on 10 Apr 1990.

  • What is authorized share capital and paid-up capital of Ormed Medical Techonology Limited?

    The authorized share capital of Ormed Medical Techonology Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.25 Cr.

  • Who are the current board members & directors of Ormed Medical Techonology Limited?

    Currently 4 directors are associated with Ormed Medical Techonology Limited.

    • Gottigere Chandrashekar Somadas
    • Sudha Somadas
    • Sharanabasaweshwar Gangadharayya Hiremath
    • Badarahalli Lakshmaiah Pundareeka
  • What is the registered address of Ormed Medical Techonology Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ormed Medical Techonology Limited is 162 Sidco Industrial Estateambattur, Chennai - 98 India, Tamilnadu, Tamil Nadu, 600098.

  • What is the corporate identification number (CIN) and company number of Ormed Medical Techonology Limited?

    The corporate identification number (CIN) of Ormed Medical Techonology Limited is U24231TN1990PLC019022 and the company number is 019022 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ormed Medical Techonology Limited?

    The Official website of Ormed Medical Techonology Limited is https://www.ormedortho.com

  • What has been the recent revenue trend for Ormed Medical Techonology Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ormed Medical Techonology Limited has risen by 29.28%.

  • How many employees does Ormed Medical Techonology Limited currently have?

    As Per 2023 financial reports, 28 employees are currently employed by Ormed Medical Techonology Limited.

  • What change has been observed in the net worth of Ormed Medical Techonology Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ormed Medical Techonology Limited has experienced an upsurge of 12.69%.

  • What are the total open charges for Ormed Medical Techonology Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ormed Medical Techonology Limited amount to ₹ 6.00 M.

  • When was the last Balance Sheet of Ormed Medical Techonology Limited filed with the ROC?

    The most recent Balance Sheet for Ormed Medical Techonology Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Medical & Laboratory Equipment