
About Sotac Research Private Limited
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Sotac Research Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Sotac Pharmaceuticals Limited and recognised as a startup by DPIIT. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 14 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U73100GJ2019PTC108144. Its GSTIN is 24ABCCS0577N1Z1 (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Vasantkumar Devrajbhai Patel and Chetankumar Bachubhai Patel.
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 Plot No. Pf – 21 Nr. Acme Pharma Opp. Teva Pharma Sanand GIDC – II Sanand, Ahmedabad, Gujarat, India – 382110.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.78 Lakh, a growth of 123% compared to the previous year. For the same year it recorded a net loss of ₹14,000 (net margin -1.6%) and EBITDA of ₹5.18 Lakh (EBITDA margin 59%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 7% over five years.
For more details, the company can be reached via its website sotacpharma.com.
Company details
Recognitions & Rankings of Sotac Research
Contact details
Sotac Research Private Limited's registered office is in Ahmedabad, Gujarat. Its website is sotacpharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. Pf – 21 Nr. Acme Pharma Opp. Teva Pharma Sanand GIDC – II Sanand, Ahmedabad, Gujarat, India – 382110
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Sotac 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
Business activity
The main business activity of Sotac 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 Sotac Research Private Limited, buy the company report.
Financials of Sotac Research Private Limited
FY 2025 filings availableSotac Research Private Limited reported revenue of ₹8.78 Lakh (up 123% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 123% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA rose 159% 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 | ₹5.18 Lakh | ||||
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| Net Profit (PAT) | -₹14,000 | ||||
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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 | 59% | ||||
| Net Profit Margin | -1.6% | ||||
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To see the full financial statements and ratios of Sotac Research Private Limited, buy the company report.
Board of directors of Sotac Research Private Limited
Sotac Research has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasantkumar Devrajbhai Patel | Director | 14 May 2019 | 7 Years 6 Months | Current |
| Chetankumar Bachubhai Patel Also directs: Sotac Pharmaceuticals Limited, Sotac Healthcare Private Limited | Director | 14 May 2019 | 7 Years 6 Months | Current |
| Dineshkumar Babulal Gelot Also directs: Sotac Pharmaceuticals Limited, Sotac Healthcare Private Limited | Director | 14 May 2019 | 7 Years 6 Months | Current |
| Sharadkumar Dashrathbhai Patel Also directs: Sotac Pharmaceuticals Limited, Sotac Healthcare Private Limited, Sotac Lifesciences Private Limited and 1 more | Director | 14 May 2019 | 7 Years 6 Months | Current |
Auditor
Sotac Research Private Limited is audited by Keyur Shah & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Keyur Shah & Associates | FY 2024 | 333288W |
Shareholding
The shareholding of Sotac Research Private Limited is on record for 4 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
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| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Sotac Research Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sotac 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
No delayed payments to MSME suppliers are on our record for Sotac Research Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sotac Research has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABCCS0577N1Z1 | Gujarat | Active | 25 Jun 2019 |
To see the full GST registrations and return filing status of Sotac Research Private Limited, buy the company report.
Recent activity
Sotac Research Private Limited has 5 board changes on record since 2019: 4 appointments and 1 cessation. The latest: Baldev Trikambhai Jotania ceased to be Director on 25 Oct 2020.
Frequently asked questions
Sotac Research is an active private limited company based in Ahmedabad, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 14 May 2019 (7+ years old) and is registered under CIN U73100GJ2019PTC108144.
Sotac Research has 4 current directors:
- Vasantkumar Devrajbhai Patel - Director
- Chetankumar Bachubhai Patel - Director
- Dineshkumar Babulal Gelot - Director
- Sharadkumar Dashrathbhai Patel - Director
The latest financial statements of Sotac 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 FY 2020 are in the company report.
The GSTIN of Sotac Research is 24ABCCS0577N1Z1, registered in Gujarat.
The CIN (Corporate Identification Number) of Sotac Research is U73100GJ2019PTC108144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sotac Research was incorporated on 14 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Baldev Trikambhai Jotania ceased to be Director on 25 Oct 2020. Chetankumar Bachubhai Patel was appointed as Director on 14 May 2019. Dineshkumar Babulal Gelot was appointed as Director on 14 May 2019. Sotac Research has 5 board changes on record in total.
Yes, Sotac Research is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Sotac Research can be reached through the website sotacpharma.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Sotac Research is at Plot No. Pf – 21 Nr. Acme Pharma Opp. Teva Pharma Sanand GIDC – II Sanand, Ahmedabad, Gujarat, India – 382110.

