Metropolis Health History

Dr. Sushil Kanubhai Shah, one of The Promoters, commenced pathology business in January 1980 as a partnership firm in the name of Dr. V. K. Desai’s Hospital, having Dr. Kanubhai M. Shah, Dr. Sushil Kanubhai Shah and Dr. Vasant Kalyandas Desai as partners. The partnership was continued by Dr. Sushil Kanubhai Shah, Dr. Kanubhai M. Shah and Dr. Duru Sushil Shah from September 30, 1981 onwards. In June 1989, upon death of Dr. Kanubhai M. Shah, the partnership was continued by Dr. Sushil Kanubhai Shah and Dr. Duru Sushil Shah. Prior to March 18, 1995, Dr. Sushil Kanubhai Shah was also carrying on a business of radioimmunoassay and pathology laboratory on a sole proprietorship basis. On March 20, 1995, the said sole proprietorship business was converted into a partnership with Dr. Sushil Kanubhai Shah, Dr. Duru Sushil Shah and Aparna S. Shah (Rajadhyaksha) as partners, in the name and style of Metropolis Lab. In January 1998, Ameera Sushil Shah was inducted as an additional partner in Metropolis Lab. With effect from February 1, 2002, the business of Metropolis Lab was transferred to Dr. V. K. Desai’s Hospital as a going concern. In May 2002, Dr. G. S. K. Velu and Subbulakshmi K. Velu were admitted as partners in Dr. V. K. Desai Hospitals. The name of Dr. V. K. Desai’s Hospital was changed to Metropolis Health Services in November 2002. Further, in April 2003, Ameera Sushil Shah, Jaswanti Kanubhai Shah, Sadacharan Gomanthybabu and Gomathybabu Gomathy were admitted as partners in Metropolis Health Services.

In July 2003, Metropolis Health Services was converted into a private limited company as Metropolis Health Services (India) Private Limited (“MHSIPL”) under the Companies Act, 1956. The name of MHSIPL was changed to Metropolis Health Services (India) Limited (“MHSIL”) pursuant to a ‘Fresh Certificate of Incorporation Consequent upon Change of Name on Conversion to Public Limited Company’ granted by RoC on March 1, 2006. In January 2009, MHSIL amalgamated with Pathnet India Private Limited, which was a wholly owned subsidiary of MHSIL. For details, see “– Scheme of amalgamation between Pathnet India Private Limited and Metropolis Health Services (India) Limited, Metro Home Health Services Private Limited, Lister Metropolis Laboratory and Research Centre Private Limited, Tripoli Path Lab Private Limited and Diwanchand Metropolis Diagnostics Services Private Limited”.

Pathnet India Private Limited was incorporated at New Delhi as a private limited company under the Companies Act, 1956 pursuant to the ‘Certificate of Incorporation’ granted by the Registrar of Companies, N. C. T. of Delhi and Haryana on November 10, 2000. The name of The Company was changed to Pathnet India Limited pursuant to a ‘Fresh Certificate of Incorporation Consequent upon Change of Name on Conversion to Public Limited Company’ granted by RoC on July 1, 2009. The name of The Company was changed to Metropolis Healthcare Limited pursuant to a ‘Fresh Certificate of Incorporation Consequent upon Change of Name’ granted by RoC on September 23, 2009. 

2002

-First major acquisition by the Company of Sudharma

2004

-The Company was accredited by National Accreditation Board for Testing and Calibration Laboratories (Department of Science & Technology, India)

2005

-The Company received accreditation from The College of American Pathologists

2006

-Investment by The Western India Trustee and Executor Company in the Company

-Acquisition of M/s. Lister Laboratory and Research Centre Private Limited in Chennai

2007

-Acquisition of Desai Clinical Laboratory in Surat

2008

-Acquisition of R.V Diagnostics & Healthcare Center Private Limited in Bangalore

2009

-Scheme of Amalgamation 2009

2010

-Investment by Foxcreek Investment Limited in the Company

2011

-Acquisition of LabOne in Raipur

2012

-Acquisition of Micron Laboratories in Mumbai

-Acquisition of subsidiary in Kenya

-Acquisition of Dr. Patel Pathology Laboratory Private Limited in Nashik

-Incorporation of subsidiary in Mauritius

2013

-Acquisition of M/s. Ekopath Center-Pathology and Cytology Division in Guwahati

-Establishment of GRL in Mumbai

2014

-Acquisition of subsidiary in Ghana

2015

-Investment by CA Lotus Investments in the Company

-Incorporation of subsidiary in Uganda

-Incorporation of branch office in Zambia

2017

-Acquisition of Sanjeevani Pathology Laboratory in Rajkot

2018

-Public-Private partnership agreement executed with National AIDS Control Organisation, Government of India

-Scheme of Amalgamation 2018

-Incorporation of subsidiary in Tanzania 

 Awards, achievements and certifications :

2010

-The Company was awarded the “Diagnostic Services Company of the Year” by Frost & Sullivan

2012

-The Company was felicitated for providing “Outstanding Quality Diagnostic Services” by HIV Congress 2012

2014

-The Company was awarded the “Most Promising Brand” by the World Consulting and Research Corporation

-The Company was awarded as a “Quality Brand” by Quality Brands India

2015

-The Company was awarded the “Best Diagnostic Company of the Year” at the National Awards for Excellence in Healthcare 2015

-The Company was awarded the “Diagnostic Services Company of the Year” by the VCCircle Network

-The Company was awarded for “Excellence in Productive Employment Creation” by Business Today

2018

-The Company was awarded for “Best in Health and Fitness” in the Digital Campaign Awards by LH Insights

-The Company was awarded for “Excellence in Customer Service & Delivery” by Biotrains

-The Company was awarded special jury mention for “Service Excellence (Diagnostic Centre)” by FICCI at the Healthcare Excellence Awards

2018-2019

-The Company was awarded “Iconic Pathology Lab Mumbai” by Midday Health & Wellness Icons