Medway Technologies Private Limited - Company overview

Registered with ROC Bangalore on 4 April 2020, Medpay is an active private limited company that has been around for about 6 years.

2020-04-04 Bangalore North, Karnataka 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
₹5–10 Cr
▲ 299.9%
FY 2023
PROFIT / LOSS
Loss · ₹5–10 Cr
▼ -77.2%
FY 2023
EBITDA
Loss · ₹1–5 Cr
▼ -63.8%
FY 2023
NET WORTH
₹50 Lakh–1 Cr
▼ -89.2%
FY 2023
TOTAL ASSETS
₹10–25 Cr
▲ 81.6%
FY 2023
OPEN CHARGES
1
-
PAID-UP CAPITAL
1.56 Lakh
AUTHORISED CAPITAL
10.00 Lakh
COMPANY AGE
6 Years 6 Months
since 2020-04-04
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-30
ACTIVE GST
25
Updated: 2024-10-26 13:56:49
TOTAL MONEY RAISED
₹5–10 Cr
SATISFIED CHARGES
1
2.00 cr

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

Health scores for Medpay 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 (88), financial health (50), director (50) and company-foundation signals.
  • Operating for 6 years.
Compliance Score Low risk
88/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Moderate
50/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2023.
  • Positive net worth.
Director Risk Score Moderate
50/100
Board strength, DIN status and churn.
  • 3 directors on the board.
  • Director VISWANATHAN NELLUVAYA SUBRAHMANIAN IYER 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 Medpay Company identity, industry, contact, and registration details from MCA and company records.

Registered with ROC Bangalore on 4 April 2020, Medpay is an active private limited company that has been around for about 6 years. Its registered office is at No. 198, Cmh Road, 2Nd Floor, Bangalore North, Karnataka.

Its filings describe the main line of business as other information & communication service activities, which made up 100% of turnover.

It has three directors: Viswanathan Nelluvaya Subrahmanian Iyer, Ravi Chandra Merugu and Abhijeet Ashok Kanetkar. The longest-serving is Ravi Chandra Merugu, on the board since 2020; the most recent to join is Abhijeet Ashok Kanetkar, appointed in January 2026. One former director is also on record. Between them, the directors also sit on the boards of 3 other companies, including Kr4u Technologies Service Private Limited and Rcm Innovations LLP.

Paid-up capital stands at ₹1.56 lakh out of ₹10 lakh authorised. The last AGM on record was on 30 September 2025, for accounts made up to 31 March 2025. The one charge registered against it has been satisfied, so no secured loan is open.

Healthcare ••••••••
  • Location No. 198, Cmh Road, 2Nd Floor, Bangalore North, Karnataka - 560038
  • Website medpay.ai
LinkedIn Facebook
Legal NameMedway Technologies Private Limited
CIN / LLPINU72900KA2020PTC133661
Company No.133661
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2020-04-04
Date of AGM2025-09-30
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Bangalore
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Medpay (3) Current board members from MCA filings, including designation and appointment details.

V
Viswanathan Nelluvaya Subrahmanian Iyer
Additional Director | Since 2025-09-15 | DIN: 08475342
R
Ravi Chandra Merugu
Director | Since 2020-04-04 | DIN: 08704297
A
Abhijeet Ashok Kanetkar
Additional Director | Since 2026-01-28 | DIN: 11520255

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

Estimated bands · FY 2023
Revenue ₹5–10 Cr ▲ 299.9%
P&L Loss · ₹5–10 Cr ▼ -77.2%
EBITDA Loss · ₹1–5 Cr ▼ -63.8%
Net worth ₹50 Lakh–1 Cr ▼ -89.2%

Exact figures and labelled charts require an active report plan.

Verified entity values are shown only after access is granted.

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

Others : 2.00 cr
Open Charges: 1 Satisfied Charges: 1
Open -
Satisfied 2.00 cr
LenderAmountStatus
Others
Creation Date: 24 Mar 2022
 2.00 cr Closed

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

Activity GroupDescriptionTurnover %
Information and communicationOther information & communication service activities100

Companies With Common Directors Of Medpay Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Kr4u Technologies Service Private Limited 1 Shared Director
Rcm Innovations Llp 1 Shared Director
Spot Healthcare Solutions Private Limited 1 Shared Director

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

3 years of ratios on record

Profitability, leverage and liquidity ratios require an active report plan.

Net profit margin Debt / Equity Current ratio ROE

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

3 shareholder categories on record

Ownership mix and contribution history require an active report plan.

Ownership mix Category breakdown Year-wise pattern Promoter holding

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GST Compliance of Medpay 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

GST registrations and filing compliance require an active report plan.

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MSME Payment Delays by Medpay 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 Medpay Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

MCA filings and documents require an active report plan.

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Frequently Asked Questions about Medpay Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Medpay?
MCA does not publish an "owner" field. Medpay is run by its directors, Viswanathan Nelluvaya Subrahmanian Iyer, Ravi Chandra Merugu and Abhijeet Ashok Kanetkar. 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 Medpay?
Medpay has three current directors: Viswanathan Nelluvaya Subrahmanian Iyer (since September 2025), Ravi Chandra Merugu (since April 2020) and Abhijeet Ashok Kanetkar (since January 2026).
What is CIN of Medpay?
The CIN of Medpay is U72900KA2020PTC133661. Reading it left to right: U means it is not listed, 72900 is the industry code it registered under, KA is Karnataka, 2020 is the year it was registered, PTC is the company type and 133661 is its registration number.
When was Medpay incorporated?
Medpay was incorporated on 4 April 2020 with ROC Bangalore. That makes it about 6 years old.
What is the registered address of Medpay?
The registered office on MCA records is No. 198, Cmh Road, 2Nd Floor, Bangalore North, Karnataka - 560038.
What is the current status of Medpay?
MCA shows Medpay as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Medpay?
You can post to its registered office at No. 198, Cmh Road, 2Nd Floor, Bangalore North, Karnataka - 560038 and use its website, https://medpay.ai.
What industry or business activity is Medpay associated with?
Its MCA filings list the main business as other information & communication service activities (100% of turnover).
What is paid-up capital and authorised share capital of Medpay?
Paid-up capital is ₹1.56 lakh and authorised capital is ₹10 lakh, so about 16% of the authorised amount has been issued.
When did Medpay last file accounts and hold an AGM?
The last AGM on record was on 30 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Medpay?
No charge is open. The one charge registered against Medpay has been satisfied.
Have any directors left Medpay?
Yes, one former director is on record.
Which companies share directors with Medpay?
3 companies share directors with Medpay: Kr4u Technologies Service Private Limited, Rcm Innovations LLP and Spot Healthcare Solutions Private Limited.
What is the turnover or revenue of Medpay?
Based on filed financial statements, the revenue of Medpay for FY 2023 was in the ₹5–10 Cr range. That is up 299.9% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Medpay?
For FY 2023, the net worth of Medpay was in the ₹50 Lakh–1 Cr range.
How can I get the financial details of Medpay?
The latest accounts on record are for FY 2023. 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 Medpay?
The website on record for Medpay is https://medpay.ai.
Which company owns medpay.ai?
medpay.ai is the website listed for Medway Technologies Private Limited in its company records.
Medpay - is it listed or unlisted?
Medpay 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 Medpay?
Medpay is registered with ROC Bangalore.
What is the company classification of Medpay?
MCA classifies Medpay as: Private Limited Indian Non-Government Company.
Does Medpay have GST registrations on file?
Yes, 25 active GST registrations are linked to Medpay, 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.