About Giostar Research Private Limited
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Giostar Research Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the biotechnology segment of the life sciences sector. It was incorporated on 22 September 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U73100GJ2009PTC058156.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Siddharth Bhavsar and Suresh Deopura.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 6/A Harihar Society Opp. Gujarat Vidhyapith Ashram Road Usmanpura, Ahmedabad, Gujarat, India – 380013.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.9 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹5.7 Lakh (net margin 3%) and EBITDA of ₹15.49 Lakh (EBITDA margin 8.1%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 10% over five years.
The company is associated with 1 brand: Giostar.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website giostar.com.
Company details
Contact details
Giostar Research Private Limited's registered office is in Ahmedabad, Gujarat. Its website is giostar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address6/A Harihar Society Opp. Gujarat Vidhyapith Ashram Road Usmanpura, Ahmedabad, Gujarat, India – 380013
- IndustryLife Sciences, Biotechnology
To see the full contact details of Giostar 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
Giostar Research operates one associated brand: GIOSTAR. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Stem cell therapies for degenerative and genetic diseases are developed. | giostar.com |
Financials of Giostar Research Private Limited
FY 2025 filings availableGiostar Research Private Limited reported revenue of ₹1.9 Cr (up 13% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 13% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 10%. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Revenue | ₹1.9 Cr | ||||
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| EBITDA | ₹15.49 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.7 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.1% | ||||
| Net Profit Margin | 3% | ||||
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To see the full financial statements and ratios of Giostar Research Private Limited, buy the company report.
Board of directors of Giostar Research Private Limited
Giostar Research has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddharth Bhavsar | Director | 15 Mar 2015 | 11 Years 7 Months | Current |
| Suresh Deopura Also directs: Giostar Regen Private Limited, Giostar Labs Private Limited, Giostar India Private Limited and 2 more | Director | 26 Jul 2022 | 4 Years 3 Months | Current |
| Seetharaman Rajasekar Also directs: Giostar Healthcare Private Limited, Giostar Regen Private Limited, Cancend Research Private Limited and 1 more | Director | 01 Oct 2024 | 2 Years 0 Months | Current |
| Deven Jitendra Patel Also directs: Apex Space Exploration Private Limited, Giostar Healthcare Private Limited, Giostar Regen Private Limited and 3 more | Director | 22 Sep 2009 | 17 Years 1 Months | Current |
| Anand Srivastava Shanker Also directs: Giostar Healthcare Private Limited, Giostar Regen Private Limited, Cancend Research Private Limited and 1 more | Director | 24 Sep 2009 | 17 Years 1 Months | Current |
Auditor
Giostar Research Private Limited is audited by S M PANSURIYA AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S M PANSURIYA AND CO | FY 2023 | 126729W |
Shareholding
The shareholding of Giostar Research Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Giostar Research Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Giostar Research Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Giostar Research Private Limited has 3 MSME Form 1 returns on record between 2017 and 2019, listing 4 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Hospicore Solutions Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Giostar Research Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
No GST registration is on our record for Giostar Research Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Giostar Research Private Limited has 12 board changes on record since 2009: 5 appointments and 7 cessations. The latest: Seetharaman Rajasekar ceased to be Additional Director on 29 Sep 2025.
3 earlier events are in the company report.
News
Frequently asked questions
Giostar Research is an active private limited company based in Ahmedabad, Gujarat, India. The company works in biotechnology, within the life sciences industry. It was incorporated on 22 September 2009 (17+ years old) and is registered under CIN U73100GJ2009PTC058156.
Giostar Research has 5 current directors:
- Siddharth Bhavsar - Director
- Suresh Deopura - Director
- Seetharaman Rajasekar - Director
- Deven Jitendra Patel - Director
- Anand Srivastava Shanker - Director
The latest financial statements of Giostar Research on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Giostar Research is U73100GJ2009PTC058156. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Giostar Research was incorporated on 22 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Seetharaman Rajasekar ceased to be Additional Director on 29 Sep 2025. Seetharaman Rajasekar was appointed as Director on 01 Oct 2024. Suresh Deopura was appointed as Director on 26 Jul 2022. Giostar Research has 12 board changes on record in total.
Giostar Research has 3 MSME Form 1 returns on record between 2017 and 2019, listing 4 overdue payments to 3 micro and small suppliers. The latest return was filed on 30 May 2019.
Giostar Research can be reached through the website giostar.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Giostar Research is at 6A Harihar Society Opp. Gujarat Vidhyapith Ashram Road Usmanpura, Ahmedabad, Gujarat, India – 380013.
Giostar Research operates in the life sciences industry, in the biotechnology segment.
The compliance status of Giostar Research is compliant as of 15 July 2026. The company is actively filing with the Registrar of Companies.
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