Cliantha Research Limited - Company Profile

Q: Who are the current directors of Cliantha Research Limited?

The current directors of Cliantha Research Limited are Manubhai Khodidas Patel, Mukesh Mangalbhai Patel, Nilima Arun Kshirsagar, Rajiv Vikrambhai Kamani, Yogendra Kumar Gupta, Naveen Sharma, Naveen Sharma.

It is a pharma public limited company based in Ahmedabad, Gujarat, India, established in 2004.

2004 Ahmedabad, Gujarat, India Active

Last Updated: February 06, 2026

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About Cliantha Research Limited

Cliantha Research Limited, a active public limited company, was established on 30 August 2004 in Ahmedabad, Gujarat, India. Engaging in pharma contract r&d within the professional, scientific and technical sector, it holds CIN: U73100GJ2004PLC044669. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹10.50 Cr and a paid-up capital of ₹3.78 Cr.

Formerly known as Ba Research India Limited. It upholds a compliant status. Employing 1,239 professional, Its leadership includes Manubhai Khodidas Patel (Director), Mukesh Mangalbhai Patel (Additional Director), Nilima Arun Kshirsagar (Director). Past directors included Pankaj Ramanbhai Patel, Manubhai Khodidas Patel, Mukesh Mangalbhai Patel. It holds ₹125.00 Cr open charges and ₹9.25 Cr settled loans. Its latest AGM occurred on 30 June 2025, with the balance sheet filed on 31 March 2025. It is based at Cliantha Corporate, Tp 86, Fp 28/1, Off S.P. Ring Road, Sarkhej - Ahmedabad, Ahmedabad, Gujarat, 382210.

Company Details

CIN/LLPIN
U73100GJ2004PLC044669
Registration Number
044669
Incorporation Date
30 August 2004
Authorized Capital
₹10.50 Cr
Paid-Up Capital
₹3.78 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 10.50 Cr as on 06-02-2026
Paid Up Capital ₹ 3.78 Cr as on 06-02-2026
Company Age 21 Year, 6 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 125.00 Cr as on 06-02-2026
Satisfied Charges ₹ 9.25 Cr as on 06-02-2026
Revenue Growth **** 20.38% (FY 2023)
Profit Growth **** 14.46% (FY 2023)
Ebitda **** 13.29% (FY 2023)
Net Worth 10.28% (FY 2023)
Total Assets **** 15.26% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Cliantha Research Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Cliantha Research Limited?

Current Directors

Name	Designation	Appointment Date	Status
Manubhai Khodidas Patel	Director	31 Mar 2017	Current
Mukesh Mangalbhai Patel	Additional Director	08 Aug 2025	Current
Nilima Arun Kshirsagar	Director	05 Sep 2024	Current
Rajiv Vikrambhai Kamani	Director	05 Sep 2024	Current
Yogendra Kumar Gupta	Director	05 Sep 2024	Current
Naveen Sharma	Ceo	05 Sep 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	26 Sep 2008	Past
Pramod Abcsdd	Additional Director	11 Aug 2017	Past
Pramod Abcsdd	Director Appointed In Casual Vacancy	24 Apr 2009	Past
Pramod Abcsdd	Additional Director	10 Aug 2023	Past
Pramod Abcsdd	Additional Director	29 Sep 2024	Past
Pramod Abcsdd	Nominee Director	10 Apr 2008	Past

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Financial Performance of Cliantha Research.

Cliantha Research Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.38% increase. The company also saw a substantial improvement in profitability, with a 14.46% increase in profit. The company's net worth Soared by an impressive increase of 10.28%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

20.38%

*******

Revenue from Operations

*******

20.09%

*******

Total Assets

*******

15.26%

*******

Profit or Loss

*******

14.46%

*******

Net Worth

*******

10.28%

*******

EBITDA

*******

13.29%

*******

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What is the Ownership and Shareholding Structure of Cliantha Research?

In 2023, Cliantha Research had a promoter holding of 86.28% and a public holding of 13.72%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹1,250,000,000.00

Satisfied Charges

₹92,500,000.00

Charges Breakdown by Lending Institutions

The Hongkong And Shanghai Banking Corporation Limited : 70.00 Cr
Standard Chartered Bank : 55.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
04 Aug 2018	Standard Chartered Bank	₹55.00 Cr	Open
17 Oct 2017	The Hongkong And Shanghai Banking Corporation Limited	₹70.00 Cr	Open
22 Jul 2020	The Hongkong And Shanghai Banking Corporation Limited	₹4.25 Cr	Satisfied
29 May 2006	Icici Bank Limited	₹5.00 Cr	Satisfied

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How Many Employees Work at Cliantha Research?

Cliantha Research has a workforce of 1239 employees as of Nov 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Cliantha Research, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Cliantha Research's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Cliantha Research

Recent Activity within the Organization

Director Appointment

The activity Mukesh Mangalbhai Patel was appointed as a Additional Director was appointed as a Additional Director on 08 Aug 2025 & has been associated with this company since 6 months 24 days . was completed.
08 Aug 2025
Annual General Meeting

Progress on Cliantha Research Limited last Annual general meeting of members was held on 30 Jun 2025 as per latest MCA records. was documented.
30 Jun 2025
Balance Sheet

Progress on Cliantha Research Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.
31 Mar 2025
Director Appointment

Progress on Naveen Sharma was appointed as a Ceo was appointed as a Ceo on 03 Oct 2024 & has been associated with this company since 1 year 4 months . was documented.
03 Oct 2024
Director Appointment

The activity Nilima Arun Kshirsagar was appointed as a Director was appointed as a Director on 05 Sep 2024 & has been associated with this company since 1 year 5 months . was completed.
05 Sep 2024
Director Appointment

Progress on Rajiv Vikrambhai Kamani was appointed as a Director was appointed as a Director on 05 Sep 2024 & has been associated with this company since 1 year 5 months . was documented.
05 Sep 2024

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