Sotac Research Private Limited

Sotac Research Private Limited - pharma in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U73100GJ2019PTC108144 Incorporated 14 May 2019 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company pharma DPIIT Startup
Revenue · FY 2025
₹8.78 Lakh
▲ 123% YoY
Net loss · FY 2025
₹14,000
Net margin -1.6%
EBITDA · FY 2025
₹5.18 Lakh
EBITDA margin 59%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered

About Sotac Research Private Limited

Data last updated:

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

CIN U73100GJ2019PTC108144
Registration Number 108144
Incorporation Date 14 May 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Parent Company Sotac Pharmaceuticals Limited
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Sotac Research

DPIIT recognised startup Government of India
Startup India

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
  • Social Media
  • Registered Address
    Plot No. Pf – 21 Nr. Acme Pharma Opp. Teva Pharma Sanand GIDC – II Sanand, Ahmedabad, Gujarat, India – 382110
  • Industry
    Pharma, Drug Formulation & Development

To see the full contact details of Sotac Research Private Limited, buy the company report.

Comprehensive company report
Sotac Research 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 Sotac Research is professional, scientific and technical. In detail, this covers scientific research and development.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM5Scientific 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 available

Sotac Research Private Limited reported revenue of ₹8.78 Lakh (up 123% YoY) for FY 2025.

Revenue · FY 2025
₹8.78 Lakh ▲ 123%
Net loss · FY 2025
₹14,000 margin -1.6%
EBITDA · FY 2025
₹5.18 Lakh margin 59%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 123%
3 years · compounded
▼ 34%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▲ 159%
3 years · compounded
▲ 1%
5 years · compounded
▲ 55%

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹5.18 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹14,000
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin59%
Net Profit Margin-1.6%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

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.

Current Directors
NameDesignationAppointment DateTenureStatus
Vasantkumar Devrajbhai PatelDirector14 May 20197 Years 6 MonthsCurrent
Chetankumar Bachubhai PatelDirector14 May 20197 Years 6 MonthsCurrent
Dineshkumar Babulal GelotDirector14 May 20197 Years 6 MonthsCurrent
Sharadkumar Dashrathbhai PatelDirector14 May 20197 Years 6 MonthsCurrent

Auditor

Sotac Research Private Limited is audited by Keyur Shah & Associates for the financial year 2024.

Auditor firmFinancial yearFirm registration number
Keyur Shah & AssociatesFY 2024333288W

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 categoryFY 2024FY 2023FY 2022FY 2021
Promoters
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.

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.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24ABCCS0577N1Z1GujaratActive25 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.

AGM
Sotac Research Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sotac Research Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Baldev Trikambhai Jotania ceased to be Director.
Appointed
Chetankumar Bachubhai Patel was appointed as Director.
Appointed
Dineshkumar Babulal Gelot was appointed as Director.
Appointed
Sharadkumar Dashrathbhai Patel was appointed as Director.
Appointed
Vasantkumar Devrajbhai Patel was appointed as Director.
Incorporation
14 May 2019
Sotac Research Private Limited was registered on 14 May 2019 with Roc Ahmedabad & aged 7 years 6 months as per MCA records.

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:

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.