Simplify Wellness India Private Limited

Health tech start-up connecting users with diagnostic centers for affordable and convenient testing.

2014 | Hyderabad, Telangana (India) | Active
Last Updated: June 15, 2024

Simplify Wellness India Profile

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.17 M
  • Company Age 10 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -42.07%
  • Profit Growth -73.91%
  • Ebitda -238.12%
  • Net Worth -543.87%
  • Total Assets -23.02%

About Simplify Wellness India

Simplify Wellness India Private Limited (SWIPL) is a leading Private Limited Foreign Company Incorporated In India incorporated in India on 30 May 2014 and has a history of Ten years and eight months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Internet 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 0.20 M and a paid-up capital of Rs 0.17 M, as per Ministry of Corporate Affairs (MCA) records.

Mansi Gandhi, Neehar Chirabuddi, and Doddaballapur Achutarao serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999TG2014FTC094251

  • Company No.

    094251

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    30 May 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Internet

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

Executive Team (1)

Name Designation Appointment Date Status
Neehar Chirabuddi Country flag representing In Managing Director 30-May-2014 Current

Board Members (2)

Name Designation Appointment Date Status
Doddaballapur Achutarao Country flag representing In Nominee Director 04-Jul-2017 Current
Mansi Gandhi Country flag representing In Whole-Time Director 30-May-2014 Current

Financial Performance of Simplify Wellness India.

Simplify Wellness India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 42.07% decrease. The company also saw a substantial fall in profitability, with a 73.91% decrease in profit. The company's net worth observed a substantial decline by a decrease of 543.87%.

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
-42.07%
Revenue from Operations
-42.26%
Total Assets
-23.02%
Profit or Loss
-73.91%
Net Worth
-543.87%
EBITDA
-238.12%

What is the Ownership and Shareholding Structure of Simplify Wellness India?

In 2023, Simplify Wellness India had a promoter holding of 72.14% and a public holding of 27.86%. 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 Simplify Wellness India?

Simplify Wellness India has a workforce of 69 employees as of Apr 09, 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 Simplify Wellness 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 Simplify Wellness 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 Simplify Wellness India

Recent activity within the organization

  • Annual General Meeting

    Simplify Wellness 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

    Simplify Wellness India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Director Appointment

    Doddaballapur Prasanna Achutarao was appointed as a Nominee Director was appointed as a Nominee Director on 04 Jul 2017 & has been associated with this company since 7 years 7 months .

    04 Jul 2017

  • Director Appointment

    Mansi Gandhi was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 30 May 2014 & has been associated with this company since 10 years 8 months .

    30 May 2014

  • Director Appointment

    Neehar Reddy Chirabuddi was appointed as a Managing Director was appointed as a Managing Director on 30 May 2014 & has been associated with this company since 10 years 8 months .

    30 May 2014

  • Company Incorporation

    Simplify Wellness India Private Limited was registered on 30 May 2014 with Roc Hyderabad & aged 10 years 8 months as per MCA records.

    30 May 2014

Frequently asked questions

  • Simplify Wellness India Private Limited was incorporated on 30 May 2014.

  • The authorized share capital of Simplify Wellness India Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.17 M.

  • Currently 3 directors are associated with Simplify Wellness India Private Limited.

    • Mansi Gandhi
    • Neehar Reddy Chirabuddi
    • Doddaballapur Prasanna Achutarao
  • As per Ministry of Corporate Affairs (Mca), the registered address of Simplify Wellness India Private Limited is Neeharika 8-2-269/22 Navodaya Colony Road No. 2 Banjara Hills, Hyderabad, Telangana, India, 500034.

  • The corporate identification number (CIN) of Simplify Wellness India Private Limited is U74999TG2014FTC094251 and the company number is 094251 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Simplify Wellness India Private Limited is https://www.doctorc.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Simplify Wellness India Private Limited has fallen by -42.07%.

  • As Per 2023 financial reports, 69 employees are currently employed by Simplify Wellness India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Simplify Wellness India Private Limited has experienced an downturn of -543.87%.

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