- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0026816

About Shree Biocare Solutions Private Limited
Data last updated:
Shree Biocare Solutions Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 12 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29299GJ2011PTC064414. Its GSTIN is 24AAWCS1180L1ZU (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bhadreshbhai Mohanlal Pankhaniya and Rhytham Bhadresh Pankhaniya.
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 Bunglow No.34 Devpriya – III Motera Road Motera Sabarmati, Ahmedabad, Gujarat, India – 380005.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.06 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹42.78 Lakh (net margin 10.5%) and EBITDA of ₹71.49 Lakh (EBITDA margin 17.6%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 30% over five years.
The company is associated with 1 brand: Shree Biocare Solutions.
Shree Biocare Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0026816). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shreebiocare.com.
Company details
Recognitions & Rankings of Shree Biocare Solutions
Contact details
Shree Biocare Solutions Private Limited's registered office is in Ahmedabad, Gujarat. Its website is shreebiocare.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBunglow No.34 Devpriya – III Motera Road Motera Sabarmati, Ahmedabad, Gujarat, India – 380005
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Shree Biocare Solutions 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
Shree Biocare Solutions operates one associated brand: Shree Biocare Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures high-quality fermenters, bioreactors, and industrial fermenters. | shreebiocare.com |
Business activity
The main business activity of Shree Biocare Solutions is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Shree Biocare Solutions Private Limited, buy the company report.
Financials of Shree Biocare Solutions Private Limited
FY 2025 filings availableShree Biocare Solutions Private Limited reported revenue of ₹4.06 Cr (up 20% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 20% growth in the latest year. EBITDA rose 26% 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 | ₹71.49 Lakh | ||||
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| Net Profit (PAT) | ₹42.78 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 17.6% | ||||
| Net Profit Margin | 10.5% | ||||
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To see the full financial statements and ratios of Shree Biocare Solutions Private Limited, buy the company report.
Board of directors of Shree Biocare Solutions Private Limited
Shree Biocare Solutions has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhadreshbhai Mohanlal Pankhaniya Also directs: Biotensides Private Limited | Director | 28 Nov 2018 | 7 Years 11 Months | Current |
| Rhytham Bhadresh Pankhaniya Also directs: Biotensides Private Limited | Director | 20 Dec 2019 | 6 Years 10 Months | Current |
Auditor
Shree Biocare Solutions Private Limited is audited by D V Pipariya & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D V Pipariya & Associates | FY 2023 | 148212W |
Shareholding
The shareholding of Shree Biocare Solutions 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 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 Shree Biocare Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shree Biocare Solutions 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
Shree Biocare Solutions Private Limited has 3 MSME Form 1 returns on record between 2018 and 2021, listing 99 overdue payments to 32 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 (5 of 32)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sparking Techno Tools | |||
| an individual supplier | |||
| an individual supplier | |||
| Rakesh Chemicals Chhatral | |||
| Cess Automation |
To see the full MSME payment records of Shree Biocare Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Shree Biocare Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAWCS1180L1ZU | Gujarat | Active | 26 Jul 2017 |
To see the full GST registrations and return filing status of Shree Biocare Solutions Private Limited, buy the company report.
Recent activity
Shree Biocare Solutions Private Limited has 7 board changes on record since 2014: 2 appointments and 5 cessations. The latest: Rhytham Bhadresh Pankhaniya ceased to be Additional Director on 30 Dec 2020.
Frequently asked questions
Shree Biocare Solutions is an active private limited company based in Ahmedabad, Gujarat, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 12 March 2011 (15+ years old) and is registered under CIN U29299GJ2011PTC064414.
Shree Biocare Solutions has 2 current directors:
- Bhadreshbhai Mohanlal Pankhaniya - Director
- Rhytham Bhadresh Pankhaniya - Director
The latest financial statements of Shree Biocare Solutions 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 GSTIN of Shree Biocare Solutions is 24AAWCS1180L1ZU, registered in Gujarat.
The CIN (Corporate Identification Number) of Shree Biocare Solutions is U29299GJ2011PTC064414. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shree Biocare Solutions was incorporated on 12 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Rhytham Bhadresh Pankhaniya ceased to be Additional Director on 30 Dec 2020. Rhytham Bhadresh Pankhaniya was appointed as Director on 20 Dec 2019. Bhadreshbhai Mohanlal Pankhaniya was appointed as Director on 28 Nov 2018. Shree Biocare Solutions has 7 board changes on record in total.
Yes, Shree Biocare Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0026816).
Shree Biocare Solutions has 3 MSME Form 1 returns on record between 2018 and 2021, listing 99 overdue payments to 32 micro and small suppliers. The latest return was filed on 22 Jun 2021.
Shree Biocare Solutions can be reached through the website shreebiocare.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Shree Biocare Solutions is at Bunglow No.34 Devpriya – III Motera Road Motera Sabarmati, Ahmedabad, Gujarat, India – 380005.

