About Stericon
Stericon is a company based in Bengaluru (India) founded in 2004, and was acquired by Nirma in April 2023. Private label contact lens cleaning solutions are manufactured by Stericon. The company has 176 employees. Its Indian entity Stericon Pharma Private Limited reported revenue of ₹169 Cr. Stericon offers products and services including Lens Cleaning Solutions and Contact Lenses.
Company details
Stericon was founded in 2004 and is headquartered in Bengaluru, India. Operations center on the private label manufacturing of contact lens cleaning solutions within the medical device sector. Products are developed and produced to meet specific client requirements, with a focus on quality standards for eye care applications. The company serves as a supplier for branded solutions distributed globally from its Indian base.
- Headquarters Bengaluru, India
- Employees 176
- Stage Acquired
- Email••••••••
- Phone•••• ••••
- Website stericon.net
- Social LinkedIn
- Acquired by Nirma (Apr 2023)
- Legal Name Stericon Pharma Private Limited
- Date of Incorporation 10 Jul, 1990
- Jurisdiction Bangalore, Karnataka, India
Associated legal entities of Stericon
Stericon operates through Stericon Pharma Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Stericon Pharma Private Limited CIN U33201KA1990PTC011056 | Active | 10 Jul 1990 | Bangalore, Karnataka | ₹169 Cr | 176 | 3 | View details |
Products & Services of Stericon
Stericon offers a comprehensive portfolio of products and services, including Lens Cleaning Solutions and Contact Lenses.
These solutions are manufactured for cleaning contact lenses and are distributed globally.
Contact lenses are produced in types such as disposable and color variants for various uses.
Funding Insights of Stericon
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Stericon with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2017 | Private Equity Round | – | – |
2 investors in total: 2 institutional.
Investors in Stericon
Stericon has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Nirma and Evolvence.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Holding company focused on asset management, education and retail | 2001 | evolvence.com | Dubai, United Arab Emirates | |
Manufactures and markets consumer care products for everyday use. | 1969 | nirma.co.in | Ahmedabad, India |
Investor details for Stericon
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Stericon Pharma Private Limited (Stericon)
Stericon Pharma Private Limited is the primary company behind Stericon. The board of Stericon Pharma Private Limited currently have 3 directors; the longest-serving is Amar Narendrabhai Shah, appointed in 2023. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Amar Narendrabhai Shah DIN 00385560 | Director | 28 Mar 2023 | 3 yrs 7 mo | Stericon Pharma Private Limited |
| Chinmay Rajesh Vasa DIN 10092517 | Director | 28 Mar 2023 | 3 yrs 7 mo | Stericon Pharma Private Limited |
| Ajay Bhushanlal Khushu DIN 02594964 | Director | 03 Apr 2024 | 2 yrs 7 mo | Stericon Pharma Private Limited |
People of Stericon
9 people are tracked at Stericon (1 in leadership, 8 in team); the tracked headcount is 176.
| Name | Role | Group |
|---|---|---|
Divakar Chandran | Managing Director | Leadership |
Anjan Kumar | Warehouse Incharge | Team |
Senthil Narasimhan | Manager | Team |
Harika R | Qa/qc | Team |
Arjun R S | Maintenance Engineer | Team |
Pushpa G | Accounts Executive | Team |
Giridharan Gangadharan | AGM | Team |
Vijay Kumar | QC Microbiologist | Team |
Santhosh B V | Finance Manager | Team |
Complete people profiles for Stericon
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
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Financials of Stericon
Figures of Stericon Pharma Private Limited, the primary company behind Stericon, for FY 2025. Revenue was ₹169 Cr (+21% year on year). Net profit was ₹48.24 Cr (29% margin). EBITDA was ₹67.94 Cr (40% margin). Revenue has grown at a compounded annual rate of +22% over three years and +15% over five years.
- ₹169 CrRevenue · FY 2025 · +21% YoY
- ₹48.24 CrNet profit · 29% margin
- ₹67.94 CrEBITDA · 40% margin
- ₹4.37 CrPaid-up capital
- 176Employees (provident fund records)
- +22%Revenue CAGR, 3 years
- +15%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Stericon Pharma Private Limited are on its company page.
Detailed financial statements for Stericon
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Stericon
3 dated milestones of Stericon across 19 years, from founding to its latest funding, stage changes and deals.
- Founded Stericon is founded.
- Funding First funding round.
- Exit Acquired by Nirma.
Web traffic of Stericon
The website of Stericon (stericon.net) receives about 1.2K visits a month.
- Monthly visits1.2K
▲ 12.9% vs previous month
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Related news about Stericon
Complete news archive for Stericon
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Frequently Asked Questions about Stericon
Stericon was founded in 2004 and raised its 1st funding round 13 years after it was founded.
Stericon is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Stericon has 176 employees.
The primary company behind Stericon, Stericon Pharma Private Limited, reported revenue of ₹169 Cr for FY 2025, up 21% year on year.
Stericon was founded in 2004 and is headquartered in Bengaluru, India. Operations center on the private label manufacturing of contact lens cleaning solutions within the medical device sector. Products are developed and produced to meet specific client requirements, with a focus on quality standards for eye care applications. The company serves as a supplier for branded solutions distributed globally from its Indian base.
Stericon offers Lens Cleaning Solutions and Contact Lenses.
Stericon operates through Stericon Pharma Private Limited.
Yes. Stericon was acquired by Nirma in April 2023.
The legal entities of Stericon currently have 3 directors, including Amar Narendrabhai Shah, Chinmay Rajesh Vasa, Ajay Bhushanlal Khushu.