Vidal Health Insurance Tpa Private Limited

Manages healthcare network and operates as Third Party Administrator for health insurance in India.

2002 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Vidal Health Insurance Tpa Profile

Key Indicators

  • Authorised Capital ₹ 36.00 Cr
  • Paid Up Capital ₹ 11.59 Cr
  • Company Age 22 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 34.00 Cr
  • Satisfied Charges ₹ 189.36 Cr
  • Revenue Growth 11.61%
  • Profit Growth 181.83%
  • Ebitda 17.69%
  • Net Worth 9.31%
  • Total Assets 0.25%

About Vidal Health Insurance Tpa

Vidal Health Insurance Tpa Private Limited (VHITPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 March 2002 and has a history of 22 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Ttk Healthcare Tpa Private Limited. The Company is engaged in the Financial Services 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 36.00 Cr and a paid-up capital of Rs 11.59 Cr.

The company currently has active open charges totaling ₹34.00 Cr. The company has closed loans amounting to ₹189.36 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Vidal Health Insurance Tpa Private Limited India are Isha Natani as COMPANY SECRETARY and Chhavi Saraf as Cfo. Girish Rao, Devang Mody, and Nirmala Castellino serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vidalhealthtpa.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U85199KA2002PTC030218

  • Company No.

    030218

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Mar 2002

  • Date of AGM

    27 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

What products or services does Vidal Health Insurance Tpa Private Limited offer?

Vidal Health Insurance Tpa Private Limited offers a wide range of products and services, including Health Care Service, Insurance Claim Service, Claims Processing Services.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Girish Rao Country flag representing In Managing Director01-Nov-2002Current
Isha Natani Company Secretary06-Jun-2019Current
Chhavi Saraf CFO01-Aug-2024Current

Board Members (2)

NameDesignationAppointment DateStatus
Devang Mody Country flag representing In Director 24-May-2024Current
Nirmala Castellino Director 20-Aug-2024Current

Financial Performance of Vidal Health Insurance Tpa.

Vidal Health Insurance Tpa Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.61% increase. The company also saw a substantial improvement in profitability, with a 181.83% increase in profit. The company's net worth moved up by a moderate rise of 9.31%.

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
11.61%
Revenue from Operations
11.40%
Total Assets
0.25%
Profit or Loss
181.83%
Net Worth
9.31%
EBITDA
17.69%

What is the Ownership and Shareholding Structure of Vidal Health Insurance Tpa?

In 2022, Vidal Health Insurance Tpa 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

₹34.00 Cr

Satisfied Charges

₹189.36 Cr

Charges Breakdown by Lending Institutions

  • Others : 34.00 Cr

Latest Charge Details

DateLenderAmountStatus
02 Mar 2018Others₹34.00 CrOpen
21 Aug 2023Others₹7.00 CrSatisfied
26 Jun 2023Others₹60.00 CrSatisfied
08 Apr 2021Others₹17.50 CrSatisfied
26 Mar 2021Others₹15.00 CrSatisfied

How Many Employees Work at Vidal Health Insurance Tpa?

Vidal Health Insurance Tpa has a workforce of 1747 employees as of Apr 05, 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 Vidal Health Insurance Tpa, 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 Vidal Health Insurance Tpa'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 Vidal Health Insurance Tpa

Recent activity within the organization

  • Annual General Meeting

    Vidal Health Insurance Tpa Private Limited last Annual general meeting of members was held on 27 Aug 2024 as per latest MCA records.

    27 Aug 2024

  • Director Appointment

    Nirmala Suresh Castellino was appointed as a Director was appointed as a Director on 20 Aug 2024 & has been associated with this company since 6 months 4 days .

    20 Aug 2024

  • Director Appointment

    Chhavi Ajay Saraf was appointed as a Cfo was appointed as a Cfo on 01 Aug 2024 & has been associated with this company since 6 months 23 days .

    01 Aug 2024

  • Charges

    A charge registered on 21 Aug 2023 via Charge ID 100765626 with Others was fully satisfied on 08 Jul 2024.

    08 Jul 2024

  • Director Appointment

    Devang Pravin Mody was appointed as a Director was appointed as a Director on 24 May 2024 & has been associated with this company since 9 months .

    24 May 2024

  • Charges

    A charge registered on 26 Jun 2023 via Charge ID 100755949 with Others was fully satisfied on 16 May 2024.

    16 May 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Vidal Health Insurance Tpa Private Limited was incorporated on 07 Mar 2002.

  • The authorized share capital of Vidal Health Insurance Tpa Private Limited is ₹ 36.00 Cr and paid-up capital is ₹ 11.59 Cr.

  • Currently 5 directors are associated with Vidal Health Insurance Tpa Private Limited.

    • Girish Rao
    • Devang Pravin Mody
    • Nirmala Suresh Castellino
    • Isha Natani
    • Chhavi Ajay Saraf
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vidal Health Insurance Tpa Private Limited is 1St Floor Tower 2 Sjr I Park Epip Zone, Whitefield India, Bangalore, Karnataka, 560066.

  • The corporate identification number (CIN) of Vidal Health Insurance Tpa Private Limited is U85199KA2002PTC030218 and the company number is 030218 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vidal Health Insurance Tpa Private Limited is https://www.vidalhealthtpa.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vidal Health Insurance Tpa Private Limited has risen by 11.61%.

  • As Per 2023 financial reports, 1747 employees are currently employed by Vidal Health Insurance Tpa Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vidal Health Insurance Tpa Private Limited has experienced an upsurge of 9.31%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vidal Health Insurance Tpa Private Limited amount to ₹ 34.00 Cr.

  • The most recent Balance Sheet for Vidal Health Insurance Tpa Private Limited was filed with the ROC on 31 Mar 2024.

Similar Companies Based on Third Party Admins