About Sitero Solutions India Private Limited
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Sitero Solutions India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Sitero Holdings Llc. It operates in the pharma contract r and d segment of the pharmaceuticals sector. It was incorporated on 17 September 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2022FTC166179. Its GSTIN is 29ABJCS4106Q1ZP (Karnataka).
The company has an authorised share capital of ₹95 Lakh and a paid-up capital of ₹75 Lakh. It is led by directors including Sankesh Abbhi and Ashok Pranesh Katti.
Its last annual general meeting (AGM) was held on 27 June 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.88 Cr. For the same year it recorded a net profit of ₹28.79 Lakh (net margin 10%) and EBITDA of ₹39.14 Lakh (EBITDA margin 13.6%).
The company has about 115 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sitero.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sitero.com.
Company details
Contact details
Sitero Solutions India Private Limited's registered office is in Bangalore, Karnataka. Its website is sitero.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressIndiqube South Summit Municipal No. 18 & 18, 1 South End Road Vijayarangam Layout, Bangalore, Karnataka, India – 560004
- IndustryPharma, Pharma Contract R&D
To see the full contact details of Sitero Solutions India 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
Sitero Solutions India operates one associated brand: Sitero. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers clinical services, data management, and biosafety for trials worldwide. | sitero.com |
Business activity
The main business activity of Sitero Solutions India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Sitero Solutions India Private Limited, buy the company report.
Financials of Sitero Solutions India Private Limited
FY 2024 filings availableSitero Solutions India Private Limited reported revenue of ₹2.88 Cr for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹2.88 Cr |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹39.14 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹28.79 Lakh |
| 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 2022-23 |
|---|---|
| Profitability | |
| EBITDA Margin | 13.6% |
| Net Profit Margin | 10% |
| 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 | |
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To see the full financial statements and ratios of Sitero Solutions India Private Limited, buy the company report.
Board of directors of Sitero Solutions India Private Limited
Sitero Solutions India has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sankesh Abbhi | Director | 17 Sep 2022 | 4 Years 1 Months | Current |
| Ashok Pranesh Katti | Director | 17 Sep 2022 | 4 Years 1 Months | Current |
| Arun Tayur Rao | Additional Director | 04 Jul 2025 | 1 Years 3 Months | Current |
Auditor
Sitero Solutions India Private Limited is audited by TR CHADHA & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TR CHADHA & CO LLP | FY 2023 | 006711N/N500028 |
Shareholding
The shareholding of Sitero Solutions India Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Sitero Solutions India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sitero Solutions India 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 Sitero Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sitero Solutions India Private Limited has a workforce of 115 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Sitero Solutions India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABJCS4106Q1ZP | Karnataka | Active | 01 Nov 2022 |
To see the full GST registrations and return filing status of Sitero Solutions India Private Limited, buy the company report.
Recent activity
Sitero Solutions India Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Arun Tayur Rao was appointed as Additional Director on 04 Jul 2025.
News
Frequently asked questions
Sitero Solutions India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in pharma contract r and d, within the pharma industry. It was incorporated on 17 September 2022 (4+ years old) and is registered under CIN U72900KA2022FTC166179.
Sitero Solutions India has 3 current directors:
- Sankesh Abbhi - Director
- Ashok Pranesh Katti - Director
- Arun Tayur Rao - Additional Director
The latest financial statements of Sitero Solutions India on record with the MCA are for the year ended 31 December 2024. Its last annual general meeting was held on 27 June 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Sitero Solutions India is 29ABJCS4106Q1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Sitero Solutions India is U72900KA2022FTC166179. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sitero Solutions India was incorporated on 17 September 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
Arun Tayur Rao was appointed as Additional Director on 04 Jul 2025. Ashok Pranesh Katti was appointed as Director on 17 Sep 2022. Sankesh Abbhi was appointed as Director on 17 Sep 2022.
Sitero Solutions India can be reached through the website sitero.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Sitero Solutions India is at Indiqube South Summit Municipal No. 18 & 18, 1 South End Road Vijayarangam Layout, Bangalore, Karnataka, India – 560004.
Sitero Solutions India operates in the pharma industry, in the pharma contract r and d segment.
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