Vipul Medcorp Insurance Tpa Private Limited

Provides health insurance and third party administration services since 1993.

1993 | Bangaluru, Karnataka (India) | Merged
Last Updated: January 17, 2025

Vipul Medcorp Insurance Tpa Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 4.80 Cr
  • Company Age 31 Year, 4 Months
  • Last Filing with ROC 31 Mar 2021
  • Satisfied Charges ₹ 11.50 Cr
  • Revenue Growth 18.39%
  • Profit Growth 48.51%
  • Ebitda 20.29%
  • Net Worth 9.62%
  • Total Assets 30.86%

About Vipul Medcorp Insurance Tpa

Vipul Medcorp Insurance Tpa Private Limited (VMITPL) is Amalgamated company established on 29 Sep 1993 with its office registered at Bangaluru, Karnataka, India and has been running since 31 Year, 4 Months with a paid up capital of 4.80 Cr. According to MCA records, 3 Directors are linked to this company as of 17 Jan 2025.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67200KA1993PTC151597

  • Company No.

    055422

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Sep 1993

  • Date of AGM

    27 Sep 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

What products or services does Vipul Medcorp Insurance Tpa Private Limited offer?

Vipul Medcorp Insurance Tpa Private Limited offers a wide range of products and services, including Insurance Service.

Who are the key members and board of directors at Vipul Medcorp Insurance Tpa?

Board Members (3)

Name Designation Appointment Date Status
Shankar Bali Country flag representing In Director 25-Feb-2021 Current
Girish Rao Country flag representing In Director 25-Feb-2021 Current
Pradeep Gupta Country flag representing In Director 25-Jun-2020 Current

Financial Performance of Vipul Medcorp Insurance Tpa.

Vipul Medcorp Insurance Tpa Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 18.39% increase. The company also saw a substantial improvement in profitability, with a 48.51% increase in profit. The company's net worth moved up by a moderate rise of 9.62%.

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
18.39%
Revenue from Operations
17.99%
Total Assets
30.86%
Profit or Loss
48.51%
Net Worth
9.62%
EBITDA
20.29%

What is the Ownership and Shareholding Structure of Vipul Medcorp Insurance Tpa?

In 2021, Vipul Medcorp 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

₹0

Satisfied Charges

₹11.50 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 11.50 Cr

Latest Charge Details

Date Lender Amount Status
26 Dec 2005 Indian Overseas Bank ₹11.50 Cr Satisfied

How Many Employees Work at Vipul Medcorp Insurance Tpa?

Vipul Medcorp Insurance Tpa has a workforce of 816 employees as of Apr 08, 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 Vipul Medcorp 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 Vipul Medcorp 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 Vipul Medcorp Insurance Tpa

Recent activity within the organization

  • Annual General Meeting

    Vipul Medcorp Insurance Tpa Private Limited last Annual general meeting of members was held on 27 Sep 2021 as per latest MCA records.

    27 Sep 2021

  • Balance Sheet

    Vipul Medcorp Insurance Tpa Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.

    31 Mar 2021

  • Director Appointment

    Girish Rao was appointed as a Director was appointed as a Director on 25 Feb 2021 & has been associated with this company since 3 years 11 months .

    25 Feb 2021

  • Director Appointment

    Shankar Bali was appointed as a Director was appointed as a Director on 25 Feb 2021 & has been associated with this company since 3 years 11 months .

    25 Feb 2021

  • Director Appointment

    Pradeep Gupta was appointed as a Director was appointed as a Director on 25 Jun 2020 & has been associated with this company since 4 years 7 months .

    25 Jun 2020

  • Charges

    A charge registered on 26 Dec 2005 via Charge ID 90335157 with Indian Overseas Bank was fully satisfied on 08 Aug 2009.

    08 Aug 2009

Recent News, Updates & Announcement

Frequently asked questions

  • Vipul Medcorp Insurance Tpa Private Limited was incorporated on 29 Sep 1993.

  • The authorized share capital of Vipul Medcorp Insurance Tpa Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 4.80 Cr.

  • Currently 3 directors are associated with Vipul Medcorp Insurance Tpa Private Limited.

    • Girish Rao
    • Shankar Bali
    • Pradeep Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vipul Medcorp 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 Vipul Medcorp Insurance Tpa Private Limited is U67200KA1993PTC151597 and the company number is 055422 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vipul Medcorp Insurance Tpa Private Limited is https://www.vipulmedcorp.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Vipul Medcorp Insurance Tpa Private Limited has risen by 18.39%.

  • As Per 2021 financial reports, 816 employees are currently employed by Vipul Medcorp Insurance Tpa Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Vipul Medcorp Insurance Tpa Private Limited has experienced an upsurge of 9.62%.

  • The most recent Balance Sheet for Vipul Medcorp Insurance Tpa Private Limited was filed with the ROC on 31 Mar 2021.

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