Practicesuite India Private Limited

Develops and provides cloud-based software for medical billing and revenue cycle management in healthcare.

2019 | Ernakulam, Kerala (India) | Active
Last Updated: October 24, 2024

Practicesuite India Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 5 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 26.80%
  • Profit Growth 34.66%
  • Ebitda 18.76%
  • Net Worth 98.07%
  • Total Assets 58.91%

About Practicesuite India

Practicesuite India Private Limited (PIPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 July 2019 (Five years and seven months 0 days old ). Its registered office is in Ernakulam, Kerala, India.

The Company is engaged in the Information Technology 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 2.50 M and a paid-up capital of Rs 2.50 M, as per Ministry of Corporate Affairs (MCA) records.

Sukumaran Govindan, Deepesh Damodaran, and Vinod Sreekumar serve as directors at the Company.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    practicesuite.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900KL2019PTC058896

  • Company No.

    058896

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jul 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Information Technology

Who are the key members and board of directors at Practicesuite India?

Board Members (3)

Name Designation Appointment Date Status
Sukumaran Govindan Country flag representing In Director 19-Jul-2019 Current
Deepesh Damodaran Country flag representing In Director 19-Jul-2019 Current
Vinod Sreekumar Country flag representing Us Director 27-Feb-2020 Current

Financial Performance of Practicesuite India.

Practicesuite India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.8% increase. The company also saw a substantial improvement in profitability, with a 34.66% increase in profit. The company's net worth Soared by an impressive increase of 98.07%.

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
26.80%
Revenue from Operations
25.93%
Total Assets
58.91%
Profit or Loss
34.66%
Net Worth
98.07%
EBITDA
18.76%

What is the Ownership and Shareholding Structure of Practicesuite India?

In 2023, Practicesuite India 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)

Placeholder for charges-related data

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

How Many Employees Work at Practicesuite India?

Unlock and access historical data on people associated with Practicesuite India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Practicesuite India, 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 Practicesuite India'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 Practicesuite India

Recent activity within the organization

  • Annual General Meeting

    Practicesuite India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Practicesuite India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

    31 Mar 2023

  • Director Appointment

    Vinod Sreekumar was appointed as a Director was appointed as a Director on 27 Feb 2020 & has been associated with this company since 4 years 11 months .

    27 Feb 2020

  • Director Appointment

    Sukumaran Nair Kalathiparambil Govindan was appointed as a Director was appointed as a Director on 19 Jul 2019 & has been associated with this company since 5 years 7 months .

    19 Jul 2019

  • Director Appointment

    Deepesh Damodaran was appointed as a Director was appointed as a Director on 19 Jul 2019 & has been associated with this company since 5 years 7 months .

    19 Jul 2019

  • Company Incorporation

    Practicesuite India Private Limited was registered on 19 Jul 2019 with Roc Ernakulam & aged 5 years 7 months as per MCA records.

    19 Jul 2019

Frequently asked questions

  • Practicesuite India Private Limited was incorporated on 19 Jul 2019.

  • The authorized share capital of Practicesuite India Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 3 directors are associated with Practicesuite India Private Limited.

    • Sukumaran Nair Kalathiparambil Govindan
    • Deepesh Damodaran
    • Vinod Sreekumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Practicesuite India Private Limited is O406A And O406B 4Th Floor Sck-01 Building Smart City Sez Infopark P.O Kakkanad, India, Ernakulam, Kerala, 682042.

  • The corporate identification number (CIN) of Practicesuite India Private Limited is U72900KL2019PTC058896 and the company number is 058896 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Practicesuite India Private Limited is https://www.practicesuite.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Practicesuite India Private Limited has risen by 26.80%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Practicesuite India Private Limited has experienced an upsurge of 98.07%.

  • The most recent Balance Sheet for Practicesuite India Private Limited was filed with the ROC on 31 Mar 2023.