Boston Ivy Healthcare Solutions Private Limited - Company overview

Medikabazaar was incorporated on 2 July 2013 and is registered with ROC Mumbai.

2013-07-02 Mumbai, Maharashtra Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹1000+ Cr
▲ 166.3%
FY 2022
PROFIT / LOSS
Loss · ₹10–25 Cr
▼ -19218.1%
FY 2022
EBITDA
Loss · ₹50–100 Cr
▼ -55.5%
FY 2022
NET WORTH
₹500–1000 Cr
▲ 338.5%
FY 2022
TOTAL ASSETS
₹500–1000 Cr
▲ 279.1%
FY 2022
EMPLOYEE COUNT
601–610
OPEN CHARGES
1
-
PAID-UP CAPITAL
28.39 Lakh
AUTHORISED CAPITAL
5.35 cr
COMPANY AGE
13 Years 4 Months
since 2013-07-02
LAST FILING WITH ROC
2024-03-31
Last AGM: 2025-05-05
ACTIVE GST
20
Updated: 2025-03-31 16:27:07
TOTAL MONEY RAISED
₹1000+ Cr
SATISFIED CHARGES
6
170.01 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Medikabazaar covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
67/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (68), financial health (70), director (40) and company-foundation signals.
  • Operating for 13+ years.
Compliance Score Moderate
68/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2024 - filings look overdue.
Financial Health Score Moderate
70/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2022.
  • Positive net worth.
Director Risk Score High risk
40/100
Board strength, DIN status and churn.
  • 9 directors on the board.
  • Director RAMAN CHAWLA has DIN status "Deactivated due to non-filing of DIR-3 KYC".
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Medikabazaar Company identity, industry, contact, and registration details from MCA and company records.

Medikabazaar was incorporated on 2 July 2013 and is registered with ROC Mumbai. It is an active private limited company, now about 13 years old. Its registered office is in Mumbai, Maharashtra.

Its filings describe the main line of business as wholesale Trading, which made up 100% of turnover.

It has nine directors: Raman Chawla, Pinak Ashok Shrikhande, Dinesh Kumar Lodha and 6 others. The longest-serving is Pinak Ashok Shrikhande, on the board since 2018; the most recent to join is Kunal Trivedi, appointed in November 2025. Seven former directors are on record; the most recent to leave was Vivek Tiwari in February 2025.

Paid-up capital is ₹28.39 lakh against an authorised ₹5.35 crore, so most of the authorised capital has not been issued yet. The last AGM on record was on 5 May 2025, for accounts made up to 31 March 2024. Nothing newer than 2024 shows up here, so it is worth checking the MCA portal for later filings. One charge (secured loan) is still open, and six more have been paid off.

E-Commerce ••••••••
  • Location Second Avenue, 3Rd Floor, Unit No. 1,4,5,6,7,8,9 & 10, Village Vyaravli, Mumbai, Maharashtra - 400093
  • Website medikabazaar.com
LinkedIn Facebook Twitter YouTube Instagram
Legal NameBoston Ivy Healthcare Solutions Private Limited
CIN / LLPINU51397MH2013PTC245092
Company No.245092
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2013-07-02
Date of AGM2025-05-05
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Mumbai
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Medikabazaar (9) Current board members from MCA filings, including designation and appointment details.

R
Raman Chawla
CFO | Since 2024-06-06
P
Pinak Ashok Shrikhande
Nominee Director | Since 2018-10-22 | DIN: 07592261
D
Dinesh Kumar Lodha
CEO | Since 2024-09-25
R
Ravishankar Gopalakrishnan
Whole-time director | Since 2024-05-02 | DIN: 00388734
B
Bandi Nitish Prasad
Nominee Director | Since 2021-10-29 | DIN: 02327966
R
Raman Chawla
CFO | Since 2024-05-02 | DIN: 07567312

Financial Performance of Medikabazaar Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2022
Revenue ₹1000+ Cr ▲ 166.3%
P&L Loss · ₹10–25 Cr ▼ -19218.1%
EBITDA Loss · ₹50–100 Cr ▼ -55.5%
Net worth ₹500–1000 Cr ▲ 338.5%

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Charges of Medikabazaar Open and satisfied charges registered against the company with MCA.

Others : 205.00 cr
Citi Bank N.A. : 50.00 cr
Open Charges: 1 Satisfied Charges: 6
Open -
Satisfied 170.01 cr
LenderAmountStatus
Others
Creation Date: 15 Dec 2025
 75.00 cr Open
Others
Creation Date: 17 Oct 2023
 25.00 cr Closed
Citi Bank N.A.
Creation Date: 04 Oct 2023
 50.00 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
TradeWholesale Trading100

Financial Ratios of Medikabazaar Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

8 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Medikabazaar Ownership and contribution detail from filings. Full breakdown unlocks with your report.

7 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Medikabazaar EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Medikabazaar GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Medikabazaar Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Medikabazaar MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Medikabazaar Official MCA forms, returns, and filing index. Document access unlocks with your report.

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Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Medikabazaar Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Medikabazaar?
MCA does not publish an "owner" field. Medikabazaar is run by its directors, Raman Chawla, Pinak Ashok Shrikhande, Dinesh Kumar Lodha and six others. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Medikabazaar?
Medikabazaar has nine current directors: Raman Chawla (since June 2024), Pinak Ashok Shrikhande (since October 2018), Dinesh Kumar Lodha (since September 2024), Ravishankar Gopalakrishnan (since May 2024), Bandi Nitish Prasad (since October 2021) and Raman Chawla (since May 2024), plus 3 more.
What is CIN of Medikabazaar?
The CIN of Medikabazaar is U51397MH2013PTC245092. Reading it left to right: U means it is not listed, 51397 is the industry code it registered under, MH is Maharashtra, 2013 is the year it was registered, PTC is the company type and 245092 is its registration number.
When was Medikabazaar incorporated?
Medikabazaar was incorporated on 2 July 2013 with ROC Mumbai. That makes it about 13 years old.
What is the registered address of Medikabazaar?
The registered office on MCA records is Second Avenue, 3Rd Floor, Unit No. 1, 4, 5, 6, 7, 8, 9 & 10, Village Vyaravli, Mumbai, Maharashtra - 400093.
What is the current status of Medikabazaar?
MCA shows Medikabazaar as Active, and its last AGM on record was in May 2025.
What is the contact number or email for Medikabazaar?
You can post to its registered office at Second Avenue, 3Rd Floor, Unit No. 1, 4, 5, 6, 7, 8, 9 & 10, Village Vyaravli, Mumbai, Maharashtra - 400093 and use its website, https://medikabazaar.com.
What industry or business activity is Medikabazaar associated with?
Its MCA filings list the main business as wholesale Trading (100% of turnover).
What is paid-up capital and authorised share capital of Medikabazaar?
Paid-up capital is ₹28.39 lakh and authorised capital is ₹5.35 crore, so about 5% of the authorised amount has been issued.
When did Medikabazaar last file accounts and hold an AGM?
The last AGM on record was on 5 May 2025, and the latest balance sheet is for the year ending 31 March 2024. Nothing newer than 2024 shows up, so check the MCA portal for later filings.
Where can I see charges and lenders for Medikabazaar?
One charge against Medikabazaar is still open and six have been satisfied. Lenders named in the filings include Citi Bank N.A..
Have any directors left Medikabazaar?
Yes, seven former directors are on record. The most recent to leave were Vivek Tiwari (February 2025), Samir Rajendra Abhyankar (March 2024) and Ashish Ahluwalia (October 2021).
What is the turnover or revenue of Medikabazaar?
Based on filed financial statements, the revenue of Medikabazaar for FY 2022 was in the ₹1000+ Cr range. That is up 166.3% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Medikabazaar?
For FY 2022, the net worth of Medikabazaar was in the ₹500–1000 Cr range.
How can I get the financial details of Medikabazaar?
The latest accounts on record are for FY 2022. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Medikabazaar?
The website on record for Medikabazaar is https://medikabazaar.com.
Which company owns medikabazaar.com?
medikabazaar.com is the website listed for Boston Ivy Healthcare Solutions Private Limited in its company records.
Medikabazaar - is it listed or unlisted?
Medikabazaar is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Medikabazaar?
Medikabazaar is registered with ROC Mumbai.
What is the company classification of Medikabazaar?
MCA classifies Medikabazaar as: Private Limited Indian Non-Government Company.
Does Medikabazaar have GST registrations on file?
Yes, 20 active GST registrations are linked to Medikabazaar, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.