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Sharing Formulations Private Limited - pharma in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.01 Cr
▼ 11% YoY
Net loss · FY 2024
₹50,000
Net margin -0.2%
EBITDA · FY 2024
₹18.85 Lakh
EBITDA margin 6.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹82.87 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
9
Provident fund records
About Sharing Formulations Private Limited
Data last updated:
Sharing Formulations Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 03 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24304GJ2017PTC097210. Its GSTIN is 24AAYCS6310A1ZH (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hiteshkumar Vasubhai Agrwal and Sanjaykumar Rakeshbhai Agrawal.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.01 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹50,000 (net margin -0.2%) and EBITDA of ₹18.85 Lakh (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 6% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹82.87 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Sharing Formulations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0007397). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sharingformulations.co.in.
Company details
CIN U24304GJ2017PTC097210
Registration Number 097210
Incorporation Date 03 May 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0007397
Recognitions & Rankings of Sharing Formulations
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0007397
Contact details
Sharing Formulations Private Limited's registered office is in Ahmedabad, Gujarat. Its website is sharingformulations.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address207 2nd/F Block – C P.No. – 130 – 131 Abhishek Estate Near Haripura Bus Asar, Wa, Ahmedabad, Gujarat, India – 380016
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Sharing Formulations Private Limited, buy the company report.
Comprehensive company report
Sharing Formulations Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Sharing Formulations is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Sharing Formulations Private Limited, buy the company report.
Financials of Sharing Formulations Private Limited
FY 2025 filings availableSharing Formulations Private Limited reported revenue of ₹3.01 Cr (down 11% YoY) for FY 2024.
Revenue · FY 2024
₹3.01 Cr ▼ 11%
Net loss · FY 2024
₹50,000 margin -0.2%
EBITDA · FY 2024
₹18.85 Lakh margin 6.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 11%
3 years · compounded
▲ 14%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▼ 12%
5 years · compounded
▼ 1%
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 2% 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 | ₹18.85 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹50,000 | ||||
| Balance Sheet | |||||
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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 | 6.3% | ||||
| Net Profit Margin | -0.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sharing Formulations Private Limited, buy the company report.
Board of directors of Sharing Formulations Private Limited
Sharing Formulations has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiteshkumar Vasubhai Agrwal | Director | 03 May 2017 | 9 Years 5 Months | Current |
| Sanjaykumar Rakeshbhai Agrawal | Director | 10 Apr 2018 | 8 Years 6 Months | Current |
Peer comparison
Sharing Formulations Private Limited is compared with the 3 companies closest to it by revenue in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mac Health Care (India) Private Limited | ₹3.01 Cr (FY 2025) | 12.0% | Katni, Madhya Pradesh, India | |||
| Ajanta Medicals Private Limited | ₹3.01 Cr (FY 2025) | 17.0% | Bethora, Goa, India | |||
| Gelcotin Biotech Private Limited | ₹3.01 Cr (FY 2025) | 18712.0% | Bhubaneswar, Odisha, India | |||
| Sharing Formulations Private Limitedthis company | ₹3.01 Cr (FY 2024) | -₹50,000 | -0.2% | -11.0% | 9 | Ahmedabad, Gujarat, India |
To see the full peer comparison of Sharing Formulations Private Limited, buy the company report.
Auditor
Sharing Formulations Private Limited is audited by AGRAWAL RUCHITA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGRAWAL RUCHITA & CO | FY 2020 | 148233W |
Shareholding
The shareholding of Sharing Formulations Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Sharing Formulations Private Limited, buy the company report.
Charges & borrowings
Open charges
₹82.87 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Nov 2018 | 100214786 | Yes Bank Limited | ₹82.87 Lakh | Open |
To see the full charge records of Sharing Formulations Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Sharing Formulations Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by Jagdish Manubhai Patel Being Proprietor of Qualimed Pharma | Pending |
To see the full case history of Sharing Formulations 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
No delayed payments to MSME suppliers are on our record for Sharing Formulations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sharing Formulations Private Limited has a workforce of 9 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
9
Active EPFO establishments
1
Employee growth
28.57%
GST
Sharing Formulations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAYCS6310A1ZH | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sharing Formulations Private Limited, buy the company report.
Recent activity
Sharing Formulations Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Tanvirsinh Rathod Bhavanisinh ceased to be Director on 13 Jun 2020.
AGM
Sharing Formulations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sharing Formulations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Yes Bank Limited of Rs. 82.87 Lakh registered on 03 Nov 2018 with Charge ID 100214786 was modified on 18 Apr 2024.
Ceased
Tanvirsinh Rathod Bhavanisinh ceased to be Director.
Charges
A charge with Yes Bank Limited amounted to Rs. 82.87 Lakh with Charge ID 100214786 was registered on 03 Nov 2018.
Ceased
Sanjaykumar Rakeshbhai Agrawal ceased to be Additional Director.
Appointed
Sanjaykumar Rakeshbhai Agrawal was appointed as Director.
Appointed
Hiteshkumar Vasubhai Agrwal was appointed as Director.
Incorporation
03 May 2017
Sharing Formulations Private Limited was registered on 03 May 2017 with Roc Ahmedabad & aged 9 years 5 months as per MCA records.
Frequently asked questions
Sharing Formulations is an active private limited company based in Ahmedabad, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 03 May 2017 (9+ years old) and is registered under CIN U24304GJ2017PTC097210.
Sharing Formulations has 2 current directors:
- Hiteshkumar Vasubhai Agrwal - Director
- Sanjaykumar Rakeshbhai Agrawal - Director
The latest financial statements of Sharing Formulations 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 FY 2018 are in the company report.
The GSTIN of Sharing Formulations is 24AAYCS6310A1ZH, registered in Gujarat.
The CIN (Corporate Identification Number) of Sharing Formulations is U24304GJ2017PTC097210. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sharing Formulations has 1 court case on record: 1 filed against it. 1 is pending.
Sharing Formulations was incorporated on 03 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Sharing Formulations by revenue are Mac Health Care (India) Private Limited, Ajanta Medicals Private Limited, Gelcotin Biotech Private Limited, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Tanvirsinh Rathod Bhavanisinh ceased to be Director on 13 Jun 2020. Sanjaykumar Rakeshbhai Agrawal ceased to be Additional Director on 25 Sep 2018. Sanjaykumar Rakeshbhai Agrawal was appointed as Director on 10 Apr 2018. Sharing Formulations has 4 board changes on record in total.
Yes, Sharing Formulations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Sharing Formulations is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0007397).