About Sovay Pharma Private Limited
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Sovay Pharma Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 19 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U33100MH2021PTC364161. Its GSTIN is 27ABGCS4609B1ZJ (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹35,000. It is led by directors including Bharat H Khobragade and Sneha Bharat Khobragade.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Pl No 33 Sarvodaya Ho Socshil Nagar, Nagpur, Maharashtra, India – 440008.
As per the financials filed for FY 2024, the company reported a revenue of ₹46.89 Lakh, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹54,303 (net margin -1.2%) and EBITDA of ₹2.23 Lakh (EBITDA margin 4.8%).
As per MCA filings, the company has open charges of ₹10 Lakh on record.
For more details, the company can be reached via its website sovaypharma.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPl No 33 Sarvodaya Ho Socshil Nagar, Nagpur, Maharashtra, India – 440008
- IndustryPharma, Drug Formulation & Development
- 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
- One PDF report, delivered after checkout
Business Activity of Sovay Pharma Private Limited
The main business activity of Sovay Pharma is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Sovay Pharma Private Limited FY 2024 filings available
Sovay Pharma Private Limited reported revenue of ₹46.89 Lakh (up 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Sovay Pharma Private Limited
Revenue rose 15% in the latest year. EBITDA rose 26% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Sovay Pharma Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹2.23 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹54,303 | •••• | •••• |
| 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 of Sovay Pharma Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 4.8% | •••• | •••• |
| Net Profit Margin | -1.2% | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• |
| Liquidity and Debt | |||
| Current Ratio | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• |
| Efficiency and Growth | |||
| Asset Turnover | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sovay Pharma are in the company report.
Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Sovay Pharma Private Limited
Sovay Pharma Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hopesera Private Limited | ₹47.14 Lakh (FY 2025) | •••• | •••• | 17.0% | •••• | Phursungi, Maharashtra, India |
| Chimera Biotech Private Limited | ₹47.12 Lakh (FY 2025) | •••• | •••• | -71.0% | •••• | New Delhi, Delhi, India |
| Ideal Speciality Chemicals Private Limited | ₹47.05 Lakh (FY 2025) | •••• | •••• | -56.0% | •••• | Mumbai, Maharashtra, India |
| Clov Chem (India) Private Limited | ₹46.97 Lakh (FY 2021) | •••• | •••• | •••• | Bengaluru, Karnataka, India | |
| Atri Lifesciences Private Limited | ₹46.9 Lakh (FY 2024) | •••• | •••• | 36.0% | •••• | Kotda Sanghani, Gujarat, India |
| Sovay Pharma Private Limited this company | ₹46.89 Lakh (FY 2024) | •••• | •••• | 15.0% | •••• | Nagpur, Maharashtra, India |
| Vasudev Dye-Chem Private Limited | ₹46.81 Lakh (FY 2024) | •••• | •••• | -2.0% | •••• | Ahmedabad, Gujarat, India |
| Agro Tech Aromatics Private Limited | ₹46.78 Lakh (FY 2025) | •••• | •••• | 508.0% | •••• | Jammu, Jammu and Kashmir, India |
| Dee Drugs Private Limited | ₹46.73 Lakh (FY 2025) | •••• | •••• | -21.0% | •••• | Jaipur, Rajasthan, India |
| Saaviko International Private Limited | ₹46.7 Lakh (FY 2025) | •••• | •••• | -17.0% | •••• | Latur, Maharashtra, India |
| Mother Land Pharmaceuticals Private Limited | ₹46.68 Lakh (FY 2024) | •••• | •••• | 10.0% | •••• | Kumbakonam, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Sovay Pharma by revenue in the same principal business activity (Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sovay Pharma Private Limited
Sovay Pharma Private Limited is audited by SLN & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SLN & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Sovay Pharma Private Limited
Sovay Pharma has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat H Khobragade | Director | 19 Jul 2021 | 5 Years 2 Months | Current |
| Sneha Bharat Khobragade | Director | 19 Jul 2021 | 5 Years 2 Months | Current |
| Madhavi Satish Dadwe | Director | 09 Jan 2026 | 0 Years 9 Months | Current |
Ownership and Shareholding of Sovay Pharma Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Sovay Pharma Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jul 2024 | Others | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Sovay Pharma Private Limited
Sovay Pharma Private Limited has a workforce of 0 employees as of Mar 23, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Sovay Pharma Private Limited
Sovay Pharma Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Madhavi Satish Dadwe was appointed as Director on 09 Jan 2026.
Credit Ratings, Litigation & Regulatory Alerts for Sovay Pharma Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Sovay Pharma Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sovay Pharma Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Sovay Pharma Private Limited
Sovay Pharma has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABGCS4609B1ZJ | Maharashtra | Active | 06 Aug 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Sovay Pharma Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sovay Pharma Private Limited
Sovay Pharma is an active private limited company based in Nagpur, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 19 July 2021 (5+ years old) and is registered under CIN U33100MH2021PTC364161.
Sovay Pharma reported revenue of ₹46.89 Lakh for FY 2024 (up 15% YoY).
Sovay Pharma has 3 current directors:
- Bharat H Khobragade - Director
- Sneha Bharat Khobragade - Director
- Madhavi Satish Dadwe - Director
Sovay Pharma reported a net loss of ₹54,303 (net margin -1.2%) and EBITDA of ₹2.23 Lakh (EBITDA margin 4.8%) for FY 2024, as per its filed financial statements.
The GSTIN of Sovay Pharma is 27ABGCS4609B1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sovay Pharma is U33100MH2021PTC364161. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sovay Pharma was incorporated on 19 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Sovay Pharma by revenue are Hopesera Private Limited, Chimera Biotech Private Limited, Ideal Speciality Chemicals Private Limited, Clov Chem (India) Private Limited, Atri Lifesciences Private Limited and 5 more, all in the same principal business activity (Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Madhavi Satish Dadwe was appointed as Director on 09 Jan 2026. Bharat H Khobragade was appointed as Director on 19 Jul 2021. Sneha Bharat Khobragade was appointed as Director on 19 Jul 2021.
Sovay Pharma can be reached through the website sovaypharma.com. Its registered office is in Nagpur, Maharashtra, India.
The registered office of Sovay Pharma is at Pl No 33 Sarvodaya Ho Socshil Nagar, Nagpur, Maharashtra, India – 440008.