About Medinnova Solutions Private Limited
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Medinnova Solutions Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 23 August 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U33309GJ2006PTC048939. Its GSTIN is 24AAKCS1042D2ZT (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹74.63 Lakh. It was formerly known as Soma Medical Solutions Private Limited and Soma Reality Private Limited. It is led by directors Biharilal Parikh and Kaushal Biharibhai Parikh.
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 Flat No.2 Basement Soham Apartment Sy.No – 100, Plot No.13 Parking Opp Xavier S School Ghod Dod Road Surat, Gujarat, India – 395007.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.23 Lakh, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹18.18 Lakh (net margin 75.1%) and EBITDA of ₹22.17 Lakh (EBITDA margin 91.5%). Revenue has declined at a compounded annual rate (CAGR) of 55% over three years.
The company is associated with 1 brand: Soma Tech.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website somatechindia.com.
Company details
Name history
Medinnova Solutions has undergone 2 name changes throughout its history. The company was previously known as Soma Medical Solutions Private Limited, and Soma Reality Private Limited. The current legal name is Medinnova Solutions Private Limited.
| Company Name | Status |
|---|---|
| Medinnova Solutions Private Limited | Current |
| Soma Medical Solutions Private Limited | Previous |
| Soma Reality Private Limited | Previous |
CIN history
Medinnova Solutions has one previous CIN (Corporate Identification Number): U70109GJ2006PTC048939. The current CIN is U33309GJ2006PTC048939, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U33309GJ2006PTC048939 | Current |
| U70109GJ2006PTC048939 | Previous |
Contact details
Medinnova Solutions Private Limited's registered office is in Surat, Gujarat. Its website is somatechindia.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressFlat No.2 Basement Soham Apartment Sy.No – 100, Plot No.13 Parking Opp Xavier S School Ghod Dod Road Surat, Gujarat, India – 395007
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Medinnova Solutions 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
Brands
Medinnova Solutions operates one associated brand: Soma Tech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| New and refurbished medical equipment | somatechindia.com |
Business activity
The main business activity of Medinnova Solutions is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Medinnova Solutions Private Limited, buy the company report.
Financials of Medinnova Solutions Private Limited
FY 2025 filings availableMedinnova Solutions Private Limited reported revenue of ₹24.23 Lakh (down 42% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 55% over three years, including a 42% fall in the latest year. EBITDA rose 41% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹22.17 Lakh | ||||
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| Net Profit (PAT) | ₹18.18 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 91.5% | ||||
| Net Profit Margin | 75.1% | ||||
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To see the full financial statements and ratios of Medinnova Solutions Private Limited, buy the company report.
Board of directors of Medinnova Solutions Private Limited
Medinnova Solutions has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Biharilal Parikh | Director | 29 Sep 2012 | 14 Years 1 Months | Current |
| Kaushal Biharibhai Parikh | Director | 22 Sep 2014 | 12 Years 1 Months | Current |
Auditor
Medinnova Solutions Private Limited is audited by NATVARLAL VEPARI & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NATVARLAL VEPARI & CO | FY 2020 | 123626W |
Shareholding
The shareholding of Medinnova Solutions Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Medinnova Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Medinnova Solutions 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 Medinnova Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Medinnova Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCS1042D2ZT | Gujarat | Active | 23 Jan 2019 |
To see the full GST registrations and return filing status of Medinnova Solutions Private Limited, buy the company report.
Recent activity
Medinnova Solutions Private Limited has 8 board changes on record since 2012: 2 appointments and 6 cessations. The latest: Jaishiv Jayant Desai ceased to be Director on 07 Nov 2014.
Frequently asked questions
Medinnova Solutions is an active private limited company based in Surat, Gujarat, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 23 August 2006 (20+ years old) and is registered under CIN U33309GJ2006PTC048939.
Medinnova Solutions has 2 current directors:
- Biharilal Parikh - Director
- Kaushal Biharibhai Parikh - Director
The latest financial statements of Medinnova Solutions 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 2015 are in the company report.
The GSTIN of Medinnova Solutions is 24AAKCS1042D2ZT, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Medinnova Solutions is U33309GJ2006PTC048939. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Medinnova Solutions was incorporated on 23 August 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jaishiv Jayant Desai ceased to be Director on 07 Nov 2014. Kaushal Biharibhai Parikh ceased to be Additional Director on 30 Sep 2014. Kaushal Biharibhai Parikh was appointed as Director on 22 Sep 2014. Medinnova Solutions has 8 board changes on record in total.
Medinnova Solutions can be reached through the website somatechindia.com. Its registered office is in Surat, Gujarat, India.
The registered office of Medinnova Solutions is at Flat No.2 Basement Soham Apartment Sy.No – 100, Plot No.13 Parking Opp Xavier S School Ghod Dod Road Surat, Gujarat, India – 395007.
Medinnova Solutions operates in the healthcare industry, in the medical and laboratory equipment segment.
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