About Sigma Surgical Private Limited
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Sigma Surgical Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 05 January 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U33110GJ1998PTC033520. Its GSTIN is 24AACCS7802F1ZM (Gujarat).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors Jayantibhai Jethabhai Gothi (Managing Director) and Gopalbhai Jethabhai Gothi.
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 Survey No. 1636/1 Opp. Bharat Petroleum Indore Highway Gam Kuha, Ahmedabad, Gujarat, India – 382433.
As per the financials filed for FY 2025, the company reported a revenue of ₹60.36 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹6.71 Cr (net margin 11.1%) and EBITDA of ₹16.07 Cr (EBITDA margin 26.6%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 19% over five years.
The company has about 281 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹48.88 Cr and satisfied charges of ₹3.15 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 3 cases are pending. The company has 6 deals on record (4 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹22.2 Lakh; the latest was in August 2024. Its 4 peer companies in the Healthcare industry (Medical and Laboratory Equipment), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 2 larger and 2 smaller; the largest is Toshniwal Instruments (Madras) Private Limited with revenue of ₹63.87 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sorathortho.co.in.
Company details
Contact details
Sigma Surgical Private Limited's registered office is in Ahmedabad, Gujarat. Its website is sorathortho.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No. 1636/1 Opp. Bharat Petroleum Indore Highway Gam Kuha, Ahmedabad, Gujarat, India – 382433
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Sigma 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 Sigma 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 Sigma Surgical Private Limited, buy the company report.
Financials of Sigma Surgical Private Limited
FY 2025 filings availableSigma Surgical Private Limited reported revenue of ₹60.36 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 14% growth in the latest year. EBITDA fell 9% 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 |
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| EBITDA | ₹16.07 Cr | ||||
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| Net Profit (PAT) | ₹6.71 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.6% | ||||
| Net Profit Margin | 11.1% | ||||
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To see the full financial statements and ratios of Sigma Surgical Private Limited, buy the company report.
Board of directors of Sigma Surgical Private Limited
Sigma Surgical has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayantibhai Jethabhai Gothi | Managing Director | 06 Jan 1998 | 28 Years 10 Months | Current |
| Gopalbhai Jethabhai Gothi | Director | 06 Jan 1998 | 28 Years 10 Months | Current |
Peer comparison
Sigma Surgical Private Limited is compared with the 4 companies closest to it by revenue in the Healthcare industry (Medical and Laboratory Equipment), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Toshniwal Instruments (Madras) Private Limited | ₹63.87 Cr (FY 2024) | 12.0% | Chennai, Tamil Nadu, India | |||
| Armax Health Private Limited | ₹63.39 Cr (FY 2020) | 129.0% | Mumbai, Maharashtra, India | |||
| Sigma Surgical Private Limitedthis company | ₹60.36 Cr (FY 2025) | ₹6.71 Cr | 11.1% | 14.0% | 281 | Ahmedabad, Gujarat, India |
| Labtech Health Care India Private Limited | ₹59.52 Cr (FY 2024) | 3.0% | Japur, Rajasthan, India | |||
| Adonis Medical Systems Private Limited | ₹59.01 Cr (FY 2025) | 18.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Sigma Surgical Private Limited, buy the company report.
Auditor
Sigma Surgical Private Limited is audited by Rajesh Jesalpura & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rajesh Jesalpura & Co. | FY 2024 | 155745W |
Shareholding
The shareholding of Sigma 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 Sigma Surgical Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Dec 2025 | 101203987 | Sidbi | ₹8.26 Cr | Open | |
| 05 Oct 2024 | 100982847 | Sidbi | ₹9.29 Cr | Open | |
| 25 Sep 2024 | 100993858 | Others | ₹3 Cr | Open | |
| 06 Mar 2024 | 100894307 | Sidbi | ₹3 Cr | Open | |
| 22 Feb 2023 | 100689648 | Others | ₹11.82 Cr | Open |
To see the full charge records of Sigma Surgical Private Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Sigma Surgical Private Limited has 6 deals on record (4 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹22.2 Lakh; the latest was in August 2024.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2024 | Rights issue | ₹4.92 Cr | Investors: 4 individuals |
| Feb 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Feb 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
To see the full deal history of Sigma 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
Sigma Surgical Private Limited has 4 court cases on record: 2 filed by Sigma Surgical, 2 filed against it. 3 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 3 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Hi- Tech Engineering Pvt. Ltd. and 1 other | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (RECO33C2-LC) | Filed against the company by an individual | Pending |
| Bombay High Court | Court case (NMCD) | Filed against the company by an individual | Disposed |
To see the full case history of Sigma 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.
Credit ratings & regulatory alerts
Sigma Surgical Private Limited was last rated by Crisil on 24 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 24 Nov 2020 |
To see the full credit ratings and regulatory alerts of Sigma Surgical Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sigma Surgical Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sigma Surgical Private Limited has a workforce of 281 employees on its EPFO records as of Dec 05, 2025, across 1 active EPFO establishment.
GST
Sigma Surgical has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCS7802F1ZM | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sigma Surgical Private Limited, buy the company report.
Recent activity
Sigma Surgical Private Limited has 2 board changes on record since 1998: 2 appointments. The latest: Gopalbhai Jethabhai Gothi was appointed as Director on 06 Jan 1998.
14 earlier events are in the company report.
Frequently asked questions
Sigma Surgical is an active private limited company based in Ahmedabad, Gujarat, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 05 January 1998 (28+ years old) and is registered under CIN U33110GJ1998PTC033520.
Sigma Surgical has 2 current directors:
- Jayantibhai Jethabhai Gothi - Managing Director
- Gopalbhai Jethabhai Gothi - Director
The latest financial statements of Sigma 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 Sigma Surgical is 24AACCS7802F1ZM, registered in Gujarat.
The CIN (Corporate Identification Number) of Sigma Surgical is U33110GJ1998PTC033520. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sigma Surgical has 4 court cases on record: 2 filed by the company and 2 filed against it. 3 are pending. Most are in the district courts.
Sigma Surgical was incorporated on 05 January 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sigma Surgical has 6 deals on record (4 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹22.2 Lakh; the latest was in August 2024.
The peers of Sigma Surgical by revenue are Toshniwal Instruments (Madras) Private Limited, Armax Health Private Limited, Labtech Health Care India Private Limited, Adonis Medical Systems Private Limited, all in the Healthcare industry (Medical and Laboratory Equipment), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Gopalbhai Jethabhai Gothi was appointed as Director on 06 Jan 1998. Jayantibhai Jethabhai Gothi was appointed as Managing Director on 06 Jan 1998.
Sigma Surgical can be reached through the website sorathortho.co.in. Its registered office is in Ahmedabad, Gujarat, India.
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