About Cytespace Research Private Limited
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Cytespace Research Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the pharma contract r and d segment of the pharmaceuticals sector. It was incorporated on 11 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U73100GJ2011PTC064350. Its GSTIN is 24AAECC3348J1ZQ (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.28 Lakh. It is led by directors including Gerardus Adrianus Hoogland and Suresh Ramu.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 105 Shagun Complex B – 93 Swastik Society C.G.Road Navrangpura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹93.04 Lakh, a decline of 34% compared to the previous year. For the same year it recorded a net loss of ₹1.92 Cr (net margin -206.7%) and EBITDA of -₹1.9 Cr (EBITDA margin -204.7%). Revenue has declined at a compounded annual rate (CAGR) of 46% over three years and 44% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Cytespace Research. Court records list 1 case involving the company, including 1 filed against it. The company has 12 deals on record (8 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹27.13 Cr; the latest was in April 2021.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cytespace.com.
Company details
Contact details
Cytespace Research Private Limited's registered office is in Ahmedabad, Gujarat. Its website is cytespace.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address105 Shagun Complex B – 93 Swastik Society C.G.Road Navrangpura, Ahmedabad, Gujarat, India – 380009
- IndustryPharma, Pharma Contract R&D
To see the full contact details of Cytespace Research Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Cytespace Research operates one associated brand: Cytespace Research. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Site-solutions organization offering its services in India, Africa and Singapore | cytespace.com |
Business activity
The main business activity of Cytespace Research is professional, scientific and technical. In detail, this covers scientific research and development.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development |
To see the full business activity and turnover split of Cytespace Research Private Limited, buy the company report.
Financials of Cytespace Research Private Limited
FY 2025 filings availableCytespace Research Private Limited reported revenue of ₹93.04 Lakh (down 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 44% over five years, including a 34% fall in the latest year. EBITDA fell 124% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹1.9 Cr | ||||
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| Net Profit (PAT) | -₹1.92 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -204.7% | ||||
| Net Profit Margin | -206.7% | ||||
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To see the full financial statements and ratios of Cytespace Research Private Limited, buy the company report.
Board of directors of Cytespace Research Private Limited
Cytespace Research has 6 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gerardus Adrianus Hoogland Also directs: Eyestem Research Private Limited | Director | 01 Nov 2013 | 13 Years 0 Months | Current |
| Suresh Ramu Also directs: Rheoheme Private Limited, Eyestem Research Private Limited | Director | 11 Mar 2011 | 15 Years 8 Months | Current |
| Ferzaan Nariman Engineer | Director | 01 Apr 2014 | 12 Years 7 Months | Current |
| Gillian Margaret Morrow Corken | Director | 01 Sep 2014 | 12 Years 2 Months | Current |
| Oppel Bernhardt Wilhelm Greeff | Director | 03 Aug 2015 | 11 Years 3 Months | Current |
| Himanshu Madhusudan Shah | Director | 11 Mar 2011 | 15 Years 8 Months | Current |
Auditor
Cytespace Research Private Limited is audited by Chandulal M. Shah & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chandulal M. Shah & Co. | FY 2023 | 101698W |
Shareholding
The shareholding of Cytespace Research Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Cytespace Research Private Limited, buy the company report.
Deals & funding
Cytespace Research Private Limited has 12 deals on record (8 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹27.13 Cr; the latest was in April 2021.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2021 | Acquisition | ₹22.2 Cr | Buyer: Premier Research Group (India) Private Limited |
| Nov 2017 | Secondary share transfer | Undisclosed | Buyer: Jacesa Investments Limited Seller: an individual |
| Aug 2017 | Secondary share transfer | Undisclosed | Buyer: Corvest Investments Limited, Church Street Trustees Limited Seller: 2 individuals |
| Jun 2016 | Secondary share transfer | Undisclosed | Buyer: Church Street Trustees Limited Seller: an individual |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Church Street Trustees Limited, Jacesa Investments Limited, Corvest Investments Limited Seller: 4 individuals |
To see the full deal history of Cytespace Research Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Cytespace Research Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Court case (TAXAP) | Filed against the company by The Principal Commissioner of Income Tax-1 | Disposed |
To see the full case history of Cytespace Research Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Cytespace Research Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Cytespace Research Private Limited has a workforce of 1 employees on its EPFO records as of Dec 2023, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2023-24 | 1 |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Cytespace Research Private Limited, buy the company report.
GST
Cytespace Research has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECC3348J1ZQ | Gujarat | Active | 01 Jul 2017 |
| 29AAECC3348J2ZF | Karnataka | Active | 23 Jul 2017 |
To see the full GST registrations and return filing status of Cytespace Research Private Limited, buy the company report.
Recent activity
Cytespace Research Private Limited has 8 board changes on record since 2011: 6 appointments and 2 cessations. The latest: Jayshankar Koranchath ceased to be Director on 01 Sep 2015.
Frequently asked questions
Cytespace Research is an active private limited company based in Ahmedabad, Gujarat, India. The company works in pharma contract r and d, within the pharma industry. It was incorporated on 11 March 2011 (15+ years old) and is registered under CIN U73100GJ2011PTC064350.
Cytespace Research has 6 current directors:
- Gerardus Adrianus Hoogland - Director
- Suresh Ramu - Director
- Ferzaan Nariman Engineer - Director
- Gillian Margaret Morrow Corken - Director
- Oppel Bernhardt Wilhelm Greeff - Director
- Himanshu Madhusudan Shah - Director
The latest financial statements of Cytespace Research on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Cytespace Research is 24AAECC3348J1ZQ, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAECC3348J2ZF (Karnataka).
The CIN (Corporate Identification Number) of Cytespace Research is U73100GJ2011PTC064350. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cytespace Research has 1 court case on record: 1 filed against it.
Cytespace Research was incorporated on 11 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Cytespace Research has 12 deals on record (8 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹27.13 Cr; the latest was in April 2021.
Jayshankar Koranchath ceased to be Director on 01 Sep 2015. Oppel Bernhardt Wilhelm Greeff was appointed as Director on 03 Aug 2015. Gillian Margaret Morrow Corken was appointed as Director on 01 Sep 2014. Cytespace Research has 8 board changes on record in total.
Cytespace Research can be reached through the website cytespace.com. Its registered office is in Ahmedabad, Gujarat, India.
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