- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-20-0002309

About Nebula Surgical Private Limited
Data last updated:
Nebula Surgical Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 03 May 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24236GJ1999PTC035904. Its GSTIN is 24AABCN2878H1ZE (Gujarat).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹4 Cr. It is led by directors including Dhirajlal Govindbhai Makadia and Rishabh Dhirajlal Makadia.
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 501 Narmadapark, Rajkot, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹163.66 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹34.99 Cr (net margin 21.4%) and EBITDA of ₹55.92 Cr (EBITDA margin 34.2%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 17% over five years.
The company has about 458 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹18.1 Cr and satisfied charges of ₹18.01 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 3 cases are pending. The company has 7 deals on record (3 secondary share transfers, 2 rights issues, 2 funding rounds), with disclosed funding of ₹99.1 Lakh; the latest was in February 2020. The company has 4 MSME Form 1 returns on record between 2019 and 2020, listing 159 overdue payments to 12 micro and small suppliers.
Nebula Surgical Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0002309). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nebulasurgical.com.
Company details
Recognitions & Rankings of Nebula Surgical
Contact details
Nebula Surgical Private Limited's registered office is in Rajkot, Gujarat. Its website is nebulasurgical.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNebula5Thfloor Officeno.501 Narmadapark Streetno.3 Corner Opp.King'Sheights, Amin Marg, Rajkot, Gujarat, India – 360005
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Nebula Surgical 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
Business activity
The main business activity of Nebula Surgical 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 Nebula Surgical Private Limited, buy the company report.
Financials of Nebula Surgical Private Limited
FY 2025 filings availableNebula Surgical Private Limited reported revenue of ₹163.66 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 14% growth in the latest year. EBITDA fell 4% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹163.66 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹55.92 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹34.99 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.2% | ||||
| Net Profit Margin | 21.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Nebula Surgical Private Limited, buy the company report.
Board of directors of Nebula Surgical Private Limited
Nebula Surgical has 17 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhirajlal Govindbhai Makadia | Director | 01 Mar 2004 | 22 Years 8 Months | Current |
| Rishabh Dhirajlal Makadia | Director | 28 Dec 2019 | 6 Years 10 Months | Current |
| Shyam Jayantilal Makadia | Director | 28 Dec 2019 | 6 Years 10 Months | Current |
| Jayantilal Samji Dedakia | Director | 01 Mar 2004 | 22 Years 8 Months | Current |
| Romish Kantilal Makadia | Director | 28 Dec 2019 | 6 Years 10 Months | Current |
| Kantilal Govindbhai Makadia | Director | 03 May 1999 | 27 Years 5 Months | Current |
Auditor
Nebula Surgical Private Limited is audited by P T MAKADIA & CO for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P T MAKADIA & CO | FY 2025 | 105887W |
Shareholding
The shareholding of Nebula Surgical Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nebula Surgical Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Oct 2023 | 100814705 | Hdfc Bank Limited | ₹59.81 Lakh | Open | |
| 16 Apr 2016 | 100027340 | Hdfc Bank Limited | ₹17.5 Cr | Open | |
| 17 Apr 2017 | 100107268 | Hdfc Bank Limited | ₹8 Cr | Satisfied | |
| 20 Sep 2007 | 10069093 | Bank of India | ₹4.92 Cr | Satisfied | |
| 14 Sep 2007 | 10069089 | Bank of India | ₹4.92 Cr | Satisfied |
To see the full charge records of Nebula Surgical Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Nebula Surgical Private Limited has 7 deals on record (3 secondary share transfers, 2 rights issues, 2 funding rounds), with disclosed funding of ₹99.1 Lakh; the latest was in February 2020.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Jan 2020 | Rights issue | ₹61.3 Lakh | Investors: 4 individuals |
| Jul 2014 | Rights issue | ₹1 Cr | Investors: 4 individuals |
| Apr 2012 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Jun 2011 | Funding round | ₹86.8 Lakh | Investors: 4 individuals |
To see the full deal history of Nebula Surgical Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nebula Surgical Private Limited has 5 court cases on record: 3 filed by Nebula Surgical, 2 filed against it. 3 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 2 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Criminal miscellaneous application | Filed by the company against individuals | Pending |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| Bombay High Court | Court case (COMIP) | Filed against the company by an individual | Pending |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 5 others | Disposed |
To see the full case history of Nebula Surgical Private Limited, buy the company report.
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
Nebula Surgical Private Limited has 4 MSME Form 1 returns on record between 2019 and 2020, listing 159 overdue payments to 12 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 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shree Yamuna Poly-Films | |||
| Horizon Exports | |||
| an individual supplier | |||
| Vinay Metals | |||
| Jyoti Steel Industries |
To see the full MSME payment records of Nebula Surgical Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Nebula Surgical Private Limited has a workforce of 458 employees on its EPFO records as of Sep 25, 2025, across 1 active EPFO establishment.
GST
Nebula Surgical has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCN2878H1ZE | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nebula Surgical Private Limited, buy the company report.
Recent activity
Nebula Surgical Private Limited has 26 board changes on record since 1999: 17 appointments and 9 cessations. The latest: Bansariben Rajatkumar Khant was appointed as Director on 28 Dec 2019.
31 earlier events are in the company report.
Frequently asked questions
Nebula Surgical is an active private limited company based in Rajkot, Gujarat, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 03 May 1999 (27+ years old) and is registered under CIN U24236GJ1999PTC035904.
Nebula Surgical has 17 current directors:
- Dhirajlal Govindbhai Makadia - Director
- Rishabh Dhirajlal Makadia - Director
- Shyam Jayantilal Makadia - Director
- Jayantilal Samji Dedakia - Director
- Romish Kantilal Makadia - Director
- Kantilal Govindbhai Makadia - Director
- Kajalben Bhavinkumar Dedakia - Director
- Monika Rishabh Makadia - Director
- Bhavinkumar Jayantilal Dedakiya - Director
- Bansariben Rajatkumar Khant - Director
- Janki Ankit Makadia - Director
- Jayantilal Govindbhai Makadia - Director
- Rajatkumar Chimanlal Khant - Director
- Bhakti Romish Makadia - Director
- Mayuri Pallav Makadia - Director
- Pallavkumar Dhirajlal Makadia - Director
- Ankit Kantilal Makadia - Director
The latest financial statements of Nebula Surgical 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 Nebula Surgical is 24AABCN2878H1ZE, registered in Gujarat.
The CIN (Corporate Identification Number) of Nebula Surgical is U24236GJ1999PTC035904. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nebula Surgical has 5 court cases on record: 3 filed by the company and 2 filed against it. 3 are pending. Most are in the district courts.
Nebula Surgical was incorporated on 03 May 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Nebula Surgical has 7 deals on record (3 secondary share transfers, 2 rights issues, 2 funding rounds), with disclosed funding of ₹99.1 Lakh; the latest was in February 2020.
Bansariben Rajatkumar Khant was appointed as Director on 28 Dec 2019. Bhakti Romish Makadia was appointed as Director on 28 Dec 2019. Bhavinkumar Jayantilal Dedakiya was appointed as Director on 28 Dec 2019. Nebula Surgical has 26 board changes on record in total.
Yes, Nebula Surgical is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-20-0002309).
Nebula Surgical has 4 MSME Form 1 returns on record between 2019 and 2020, listing 159 overdue payments to 12 micro and small suppliers. The latest return was filed on 08 Jan 2021.

