Parco Institute Of Medical Sciences Private Limited

Provides medical services, owns airport clinic and COVID care center.

2006 | Kozhikode, Kerala (India) | Active
Last Updated: November 15, 2024

Parco Institute Of Medical Sciences Profile

Key Indicators

  • Authorised Capital ₹ 21.50 Cr
  • Paid Up Capital ₹ 21.34 Cr
  • Company Age 18 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 93.46 Cr
  • Satisfied Charges ₹ 37.46 Cr
  • Revenue Growth 623.14%
  • Profit Growth -80.65%
  • Ebitda 1.14%
  • Net Worth -261.53%
  • Total Assets 2.63%

About Parco Institute Of Medical Sciences

Parco Institute Of Medical Sciences Private Limited (PIOMSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 December 2006 and has a history of 18 years and two months. Its registered office is in Kozhikode, Kerala, India.

The Corporate was formerly known as Avicenna Medicare Institute 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 21.50 Cr and a paid-up capital of Rs 21.34 Cr.

The company currently has active open charges totaling ₹93.46 Cr. The company has closed loans amounting to ₹37.46 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Parco Institute Of Medical Sciences Private Limited India is Parambatt Sharmila as COMPANY SECRETARY. Ashique, Dilshadbabu Mangetta, Kungappally Aboobacker, and Four other members serve as directors at the Company.

Company Details

  • Location

    Kozhikode, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    parcohospital.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U85110KL2006PTC020077

  • Company No.

    020077

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Dec 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Healthcare

Who are the key members and board of directors at Parco Institute Of Medical Sciences?

Executive Team (3)

NameDesignationAppointment DateStatus
Kungappally Aboobacker Country flag representing In Managing Director03-May-2010Current
Parambatt Sharmila Company Secretary26-Jun-2023Current
Riyas Purayil Country flag representing In Managing Director05-Nov-2016Current

Board Members (5)

NameDesignationAppointment DateStatus
Ashique Country flag representing In Director 14-Aug-2020Current
Dilshadbabu Mangetta Country flag representing In Whole-Time Director 22-May-2020Current
Naseer Panayullathil Country flag representing In Whole-Time Director 07-Dec-2006Current
Abdul Haseeb Country flag representing In Director 05-Nov-2016Current
Naseer Arakkandiyil Country flag representing In Director 07-Dec-2006Current

Financial Performance of Parco Institute Of Medical Sciences.

Parco Institute Of Medical Sciences Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 623.14% increase. The company also saw a substantial fall in profitability, with a 80.65% decrease in profit. The company's net worth observed a substantial decline by a decrease of 261.53%.

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
623.14%
Revenue from Operations
788.09%
Total Assets
2.63%
Profit or Loss
-80.65%
Net Worth
-261.53%
EBITDA
1.14%

What is the Ownership and Shareholding Structure of Parco Institute Of Medical Sciences?

In 2023, Parco Institute Of Medical Sciences 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

₹93.46 Cr

Satisfied Charges

₹37.46 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 93.28 Cr
  • Others : 0.18 Cr

Latest Charge Details

DateLenderAmountStatus
16 Feb 2022Others₹1.80 MOpen
30 Dec 2021Canara Bank₹9.18 CrOpen
08 Dec 2021Canara Bank₹28.50 CrOpen
24 Sep 2021Canara Bank₹7.00 CrOpen
20 Aug 2020Canara Bank₹3.60 CrOpen

How Many Employees Work at Parco Institute Of Medical Sciences?

Parco Institute Of Medical Sciences has a workforce of 56 employees as of Apr 02, 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 Parco Institute Of Medical Sciences, 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 Parco Institute Of Medical Sciences'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 Parco Institute Of Medical Sciences

Recent activity within the organization

  • Annual General Meeting

    Parco Institute Of Medical Sciences Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Parco Institute Of Medical Sciences Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

    31 Mar 2023

  • Charges

    A charge with Canara Bank of Rs. 9.18 Cr registered on 30 Dec 2021 with Charge ID 100523342 was modified on 18 Feb 2023.

    18 Feb 2023

  • Charges

    A charge with Canara Bank of Rs. 28.50 Cr registered on 08 Dec 2021 with Charge ID 100518694 was modified on 18 Feb 2023.

    18 Feb 2023

  • Charges

    A charge registered on 31 Dec 2019 via Charge ID 100336552 with Canara Bank was fully satisfied on 12 Dec 2022.

    12 Dec 2022

  • Charges

    A charge with Others amounted to Rs. 0.18 Cr with Charge ID 100544325 was registered on 16 Feb 2022.

    16 Feb 2022

Frequently asked questions

  • Parco Institute Of Medical Sciences Private Limited was incorporated on 07 Dec 2006.

  • The authorized share capital of Parco Institute Of Medical Sciences Private Limited is ₹ 21.50 Cr and paid-up capital is ₹ 21.34 Cr.

  • Currently 8 directors are associated with Parco Institute Of Medical Sciences Private Limited.

    • Ashique
    • Dilshadbabu Mangetta
    • Kungappally Aboobacker
    • Naseer Panayullathil
    • Abdul Haseeb
    • Parambatt Sharmila
    • Riyas Puthiya Purayil
    • Naseer Ali Meethale Arakkandiyil
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parco Institute Of Medical Sciences Private Limited is 12/425 A Peruvattum Thazha, Chorode P.O India, Vadakara, Kerala, 673106.

  • The corporate identification number (CIN) of Parco Institute Of Medical Sciences Private Limited is U85110KL2006PTC020077 and the company number is 020077 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Parco Institute Of Medical Sciences Private Limited is https://www.parcohospital.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Parco Institute Of Medical Sciences Private Limited has risen by 623.14%.

  • As Per 2023 financial reports, 56 employees are currently employed by Parco Institute Of Medical Sciences Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Parco Institute Of Medical Sciences Private Limited has experienced an downturn of -261.53%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Parco Institute Of Medical Sciences Private Limited amount to ₹ 93.46 Cr.

  • The most recent Balance Sheet for Parco Institute Of Medical Sciences Private Limited was filed with the ROC on 31 Mar 2023.

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