About Astral Steritech Private Limited
Data last updated:
Astral Steritech Private Limited is a private limited company based in Vadodara, Gujarat, India, a subsidiary of Centrient Pharmaceuticals International Bv. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 03 September 2012.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2012PTC071810. Its GSTIN is 24AAKCA8971F1ZG (Gujarat).
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹9.23 Cr. It is led by directors including Nitish Niharkumar Chakravarty and Rohan Dheman.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Vadodara, Gujarat.
As per the financials filed for FY 2022, the company reported a revenue of ₹201.59 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹30.71 Cr (net margin 15.2%) and EBITDA of ₹49.4 Cr (EBITDA margin 24.5%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 5% over five years.
The company has about 103 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Astral SteriTech. As per MCA filings, the company has satisfied charges of ₹79.94 Cr on record. Court records list 9 cases involving the company, including 7 filed by the company and 2 filed against it; 2 cases are pending. The company has 8 deals on record (8 secondary share transfers); the latest was in September 2021. Its 10 peer companies in the Pharma industry (Formulations) are compared by revenue, 5 larger and 5 smaller; the largest is Smilax Laboratories Limited with revenue of ₹206.57 Cr. The company has 13 MSME Form 1 returns on record between 2018 and 2024, listing 402 overdue payments to 32 micro and small suppliers.
The last known website on record is astralsteritech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address911, GIDC Makarpura India, Vadodara, Gujarat, India – 390010
- IndustryPharma, Drug Formulation & Development
- 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
- One PDF report, delivered after checkout
Business Activity of Astral Steritech Private Limited
The main business activity of Astral Steritech is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Astral Steritech Private Limited FY 2022 filings available
Astral Steritech Private Limited reported revenue of ₹201.59 Cr (down 36% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Astral Steritech Private Limited
Revenue fell 36% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 71% 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 of Astral Steritech Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹201.59 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹49.4 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹30.71 Cr | •••• | •••• | •••• | •••• |
| 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 of Astral Steritech Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 15.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Astral Steritech are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Astral Steritech Private Limited
Astral Steritech Private Limited is compared with the companies closest to it by revenue in the Pharma industry (Formulations). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Smilax Laboratories Limited | ₹206.57 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Hyderabad, Telangana, India |
| Radison Labs Private Limited | ₹202.11 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Hyderabad, Telangana, India |
| Topnotch Chemicals Pvt Ltd | ₹201.92 Cr (FY 2024) | •••• | •••• | -14.0% | •••• | Navi Mumbai, Maharashtra, India |
| Finecure Pharmaceuticals Limited | ₹201.85 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Ahmedabad, Gujarat, India |
| Val Organics Private Limited | ₹201.8 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Mumbai, Maharashtra, India |
| Astral Steritech Private Limited this company | ₹201.59 Cr (FY 2022) | •••• | •••• | -36.0% | •••• | Vadodara, Gujarat, India |
| Canixa Life Sciences Private Limited. | ₹201.5 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Delhi, India |
| Synergia Life Sciences Private Limited | ₹201.39 Cr (FY 2024) | •••• | •••• | -22.0% | •••• | Wada, Maharashtra, India |
| Believe International Limited | ₹200.99 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Mangrol, Gujarat, India |
| Precise Biopharma Private Limited | ₹200.73 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
| Unique Biotech Limited | ₹198.58 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Astral Steritech by revenue in the Pharma industry (Formulations), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Astral Steritech Private Limited
Astral Steritech Private Limited is audited by S R Batliboi & Co LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R Batliboi & Co LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Astral Steritech Private Limited
Astral Steritech has 6 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitish Niharkumar Chakravarty | Director | 06 Sep 2022 | 4 Years 1 Months | As last reported |
| Kiran Mohanlal Jain | Additional Director | 09 Jun 2025 | 1 Years 4 Months | As last reported |
| Uttamkumar Mohanlal Jain | Additional Director | 09 Jun 2025 | 1 Years 4 Months | As last reported |
| Devangiben Jigneshkumar Shah | Additional Director | 09 Jun 2025 | 1 Years 4 Months | As last reported |
| Rohan Dheman | Director | 07 Mar 2022 | 4 Years 7 Months | As last reported |
| Jigneshkumar Ashvinbhai Shah | Additional Director | 09 Jun 2025 | 1 Years 4 Months | As last reported |
Ownership and Shareholding of Astral Steritech Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Astral Steritech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Feb 2023 | Others | ₹30 Cr | Satisfied |
| 05 Oct 2017 | Others | ₹20 Cr | Satisfied |
| 03 Sep 2012 | Bank of Baroda | ₹14.97 Cr | Satisfied |
| 03 Sep 2012 | Bank of Baroda | ₹14.97 Cr | Satisfied |
Total charge records: 4 View all charges
Deals & Funding of Astral Steritech Private Limited
Astral Steritech Private Limited has 8 deals on record (8 secondary share transfers); the latest was in September 2021.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: Centrient Pharmaceuticals International BV, Centrient Pharmaceuticals International BV & Vikram Aditya Sehgal Seller: Urja Family Trust, 3 individuals |
| Aug 2021 | Secondary share transfer | Undisclosed | Seller: Urja Family Trust, 2 individuals |
| Aug 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2019 | Secondary share transfer | Undisclosed | Buyer: Urja Family Trust Seller: an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
Full deal history
All 8 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Astral Steritech Private Limited
Astral Steritech Private Limited has 9 court cases on record: 7 filed by Astral Steritech, 2 filed against it. 2 cases are pending and 7 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 1 | 0 |
| High courts | 2 | 0 | 1 |
| NCLT | 1 | 1 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Commercial matter | Filed by the company against Nectar Life Sciences Limited | Disposed |
| District court, Chandigarh | Execution petition | Filed against the company by Nectar Life Sciences Limited | Disposed |
| District court, Vadodara, Gujarat | Commercial matter | Filed by the company against Nectar Life Sciences Limited | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against Union of India | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Piramal Critical Care Inc | Pending |
Full case history
All 9 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Astral Steritech Private Limited
Astral Steritech Private Limited has 13 MSME Form 1 returns on record between 2018 and 2024, listing 402 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 |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Spark Scientific Private Limited | •••• | •••• | •••• |
| Creative Printers Pvt Ltd | •••• | •••• | •••• |
| Award Packaging Private Limited | •••• | •••• | •••• |
| Dot Graphics LLP | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 13 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Astral Steritech Private Limited
Astral Steritech operates one associated brand: Astral SteriTech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Regulatory and quality management services are provided to biopharma firms. | astralsteritech.com |
Employees and EPFO Compliance at Astral Steritech Private Limited
Astral Steritech Private Limited has a workforce of 103 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Astral Steritech Private Limited
Recent Activity on Astral Steritech Private Limited
Astral Steritech Private Limited has 18 board changes on record since 2020: 6 appointments and 12 cessations. The latest: Manish Kumar Santosh Buchasia ceased to be Irp/Rp/Liquidator on 01 Jul 2025.
17 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Astral Steritech Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Astral Steritech Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Astral Steritech Private Limited
Astral Steritech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCA8971F1ZG | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Astral Steritech Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Astral Steritech Private Limited
Astral Steritech is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Astral Steritech is a company under insolvency, formerly operating as a private limited company based in Vadodara, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 03 September 2012 and is registered under CIN U24100GJ2012PTC071810. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Astral Steritech reported revenue of ₹201.59 Cr for FY 2022 (down 36% YoY).
Astral Steritech has 6 current directors:
- Nitish Niharkumar Chakravarty - Director
- Kiran Mohanlal Jain - Additional Director
- Uttamkumar Mohanlal Jain - Additional Director
- Devangiben Jigneshkumar Shah - Additional Director
- Rohan Dheman - Director
- Jigneshkumar Ashvinbhai Shah - Additional Director
Astral Steritech reported a net profit of ₹30.71 Cr (net margin 15.2%) and EBITDA of ₹49.4 Cr (EBITDA margin 24.5%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Astral Steritech is -6% over three years and 5% over five years. In the latest year (FY 2022) revenue fell 36%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Astral Steritech is U24100GJ2012PTC071810. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Astral Steritech has no open charges and satisfied charges of ₹79.94 Cr as per latest MCA filings.
Astral Steritech has 9 court cases on record: 7 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Astral Steritech was incorporated on 03 September 2012. It is registered with the Registrar of Companies, Ahmedabad.
Astral Steritech has 8 deals on record (8 secondary share transfers); the latest was in September 2021.
The peers of Astral Steritech by revenue are Smilax Laboratories Limited, Radison Labs Private Limited, Topnotch Chemicals Pvt Ltd, Finecure Pharmaceuticals Limited, Val Organics Private Limited and 5 more, all in the Pharma industry (Formulations).