MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-22-0065923
Rising Shine Pharma Private Limited - pharma in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.53 Cr
▼ 24% YoY
Net loss · FY 2024
₹44 Lakh
Net margin -28.8%
EBITDA · FY 2024
-₹25.5 Lakh
EBITDA margin -16.7%
Authorised capital
₹18 Lakh
Registered with MCA
Paid-up capital
₹18 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered
About Rising Shine Pharma Private Limited
Data last updated:
Rising Shine Pharma Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 09 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24304GJ2019PTC108075. Its GSTIN is 24AAJCR5886K1ZP (Gujarat).
The company has an authorised share capital of ₹18 Lakh and a paid-up capital of ₹18 Lakh. It is led by directors including Manaram Jassaram Choudhary and Mahendra Kumar Choudhary.
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 Surat, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.53 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹44 Lakh (net margin -28.8%) and EBITDA of -₹25.5 Lakh (EBITDA margin -16.7%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years.
Rising Shine Pharma Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0065923). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website risingshinepharma.com.
Company details
CIN U24304GJ2019PTC108075
Registration Number 108075
Incorporation Date 09 May 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-22-0065923
Key People
Manaram Jassaram Choudhary Director Mahendra Kumar Choudhary Director Sajjaram Amraramji Choudhary Director Recognitions & Rankings of Rising Shine Pharma
Contact details
Rising Shine Pharma Private Limited's registered office is in Surat, Gujarat. Its website is risingshinepharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No Ug – 503, First Flooor Avadh Rituraj Textile Hub, Surat, Gujarat, India – 395010
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Rising Shine Pharma Private Limited, buy the company report.
Comprehensive company report
Rising Shine Pharma Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Rising Shine Pharma is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Rising Shine Pharma Private Limited, buy the company report.
Financials of Rising Shine Pharma Private Limited
FY 2025 filings availableRising Shine Pharma Private Limited reported revenue of ₹1.53 Cr (down 24% YoY) for FY 2024.
Revenue · FY 2024
₹1.53 Cr ▼ 24%
Net loss · FY 2024
₹44 Lakh margin -28.8%
EBITDA · FY 2024
-₹25.5 Lakh margin -16.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 24%
3 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▼ 314%
3 years · compounded
▼ 149%
Revenue fell 24% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA fell 314% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹25.5 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹44 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -16.7% | ||||
| Net Profit Margin | -28.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Rising Shine Pharma Private Limited, buy the company report.
Board of directors of Rising Shine Pharma Private Limited
Rising Shine Pharma has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manaram Jassaram Choudhary | Director | 21 Oct 2023 | 3 Years 0 Months | Current |
| Mahendra Kumar Choudhary | Director | 01 Jan 2020 | 6 Years 10 Months | Current |
| Sajjaram Amraramji Choudhary | Director | 09 May 2019 | 7 Years 6 Months | Current |
| Arun Gamnaram Choudhary | Director | 09 May 2019 | 7 Years 6 Months | Current |
Auditor
Rising Shine Pharma Private Limited is audited by NIGAM JARIWALA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIGAM JARIWALA & ASSOCIATES | FY 2021 | 130406W |
Shareholding
The shareholding of Rising Shine Pharma Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Rising Shine Pharma Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Rising Shine Pharma 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
No delayed payments to MSME suppliers are on our record for Rising Shine Pharma Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rising Shine Pharma has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCR5886K1ZP | Gujarat | Active | 03 Jun 2019 |
To see the full GST registrations and return filing status of Rising Shine Pharma Private Limited, buy the company report.
Recent activity
Rising Shine Pharma Private Limited has 6 board changes on record since 2019: 4 appointments and 2 cessations. The latest: Manaram Jassaram Choudhary ceased to be Additional Director on 29 Sep 2024.
AGM
Rising Shine Pharma Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Rising Shine Pharma Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Manaram Jassaram Choudhary ceased to be Additional Director.
Appointed
Manaram Jassaram Choudhary was appointed as Director.
Ceased
Tarun Dhaglaramji Akalecha ceased to be Director.
Appointed
Mahendra Kumar Choudhary was appointed as Director.
Appointed
Arun Gamnaram Choudhary was appointed as Director.
Appointed
Sajjaram Amraramji Choudhary was appointed as Director.
Incorporation
09 May 2019
Rising Shine Pharma Private Limited was registered on 09 May 2019 with Roc Ahmedabad & aged 7 years 6 months as per MCA records.
Frequently asked questions
Rising Shine Pharma is an active private limited company based in Surat, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 09 May 2019 (7+ years old) and is registered under CIN U24304GJ2019PTC108075.
Rising Shine Pharma has 4 current directors:
- Manaram Jassaram Choudhary - Director
- Mahendra Kumar Choudhary - Director
- Sajjaram Amraramji Choudhary - Director
- Arun Gamnaram Choudhary - Director
The latest financial statements of Rising Shine Pharma 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 FY 2020 are in the company report.
The GSTIN of Rising Shine Pharma is 24AAJCR5886K1ZP, registered in Gujarat.
The CIN (Corporate Identification Number) of Rising Shine Pharma is U24304GJ2019PTC108075. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rising Shine Pharma was incorporated on 09 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Manaram Jassaram Choudhary ceased to be Additional Director on 29 Sep 2024. Manaram Jassaram Choudhary was appointed as Director on 21 Oct 2023. Tarun Dhaglaramji Akalecha ceased to be Director on 01 Feb 2023. Rising Shine Pharma has 6 board changes on record in total.
Yes, Rising Shine Pharma is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-22-0065923).
Rising Shine Pharma can be reached through the website risingshinepharma.com. Its registered office is in Surat, Gujarat, India.
The registered office of Rising Shine Pharma is at Shop No Ug – 503, First Flooor Avadh Rituraj Textile Hub, Surat, Gujarat, India – 395010.
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