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Stemtech Medical Devices Private Limited - chemicals in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.64 Cr
▲ 115% YoY
Net profit · FY 2025
₹17.52 Lakh
Net margin 6.6%
EBITDA · FY 2025
₹30.66 Lakh
EBITDA margin 11.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.3 Lakh
Issued & subscribed
Open charges
₹60 Lakh
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
About Stemtech Medical Devices Private Limited
Data last updated:
Stemtech Medical Devices Private Limited is a private limited company based in Thane, Maharashtra, India, recognised as a startup by DPIIT. It operates in the medicinal chemical and botanical products segment of the chemicals sector. It was incorporated on 20 April 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U33203MH2021PTC359249. Its GSTIN is 27ABFCS9531D1Z9 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.3 Lakh. It is led by directors Surupa Naganna and Raghuveer Surupa.
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 Unit No.411 4th Floor Tesla Industrial Building No.1, Tesla Plot No Gen – 2/1/C Shriravano Juinagar Navi Mumbai Thane, Maharashtra, India – 400705.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.64 Cr, a growth of 115% compared to the previous year. For the same year it recorded a net profit of ₹17.52 Lakh (net margin 6.6%) and EBITDA of ₹30.66 Lakh (EBITDA margin 11.6%).
The company is associated with 1 brand: Eva Scalp Cooling. As per MCA filings, the company has open charges of ₹60 Lakh on record. The company has 6 deals on record (4 funding rounds, 2 rights issues), with disclosed funding of ₹2.29 Cr; the latest was in February 2024. Its 3 peer companies in the Healthcare industry (Medical and Laboratory Equipment), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 2 larger and 1 smaller; the largest is Strumed Solutions Private Limited with revenue of ₹2.66 Cr.
Stemtech Medical Devices Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0238775). For more details, the company can be reached via its website evascalpcooling.co.in.
Company details
CIN U33203MH2021PTC359249
Registration Number 359249
Incorporation Date 20 April 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0238775
Key People
Surupa Naganna Director Raghuveer Surupa Director Recognitions & Rankings of Stemtech Medical Devices
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0238775
Contact details
Stemtech Medical Devices Private Limited's registered office is in Thane, Maharashtra. Its website is evascalpcooling.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No.411 4th Floor Tesla Industrial Building No.1, Tesla Plot No Gen – 2/1/C Shriravano Juinagar Navi Mumbai Thane, Maharashtra, India – 400705
- IndustryChemicals, Medicinal Chemical & Botanical Products, Pharmaceuticals, Chemical Products
To see the full contact details of Stemtech Medical Devices Private Limited, buy the company report.
Comprehensive company report
Stemtech Medical Devices 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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Brands
Stemtech Medical Devices operates one associated brand: Eva Scalp Cooling. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Scalp cooling systems are manufactured to reduce chemotherapy-induced hair loss. | evascalpcooling.co.in |
Business activity
The main business activity of Stemtech Medical Devices 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 Stemtech Medical Devices Private Limited, buy the company report.
Financials of Stemtech Medical Devices Private Limited
FY 2025 filings availableStemtech Medical Devices Private Limited reported revenue of ₹2.64 Cr (up 115% YoY) for FY 2025.
Revenue · FY 2025
₹2.64 Cr ▲ 115%
Net profit · FY 2025
₹17.52 Lakh margin 6.6%
EBITDA · FY 2025
₹30.66 Lakh margin 11.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 115%
EBITDA CAGR growth
1 year
▲ 76%
3 years · compounded
▲ 252%
Revenue rose 115% in the latest year. EBITDA rose 76% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
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| Employee Benefit Expense | ||||
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| Total Expenses | ||||
| EBITDA | ₹30.66 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹17.52 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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| Trade Payables | ||||
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| Inventories | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 11.6% | |||
| Net Profit Margin | 6.6% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Stemtech Medical Devices Private Limited, buy the company report.
Board of directors of Stemtech Medical Devices Private Limited
Stemtech Medical Devices has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surupa Naganna | Director | 20 Apr 2021 | 5 Years 6 Months | Current |
| Raghuveer Surupa Also directs: Suntrooper Developmental Foundation | Director | 20 Apr 2021 | 5 Years 6 Months | Current |
Peer comparison
Stemtech Medical Devices Private Limited is compared with the 3 companies closest to it by revenue in the Healthcare industry (Medical and Laboratory Equipment), 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 |
|---|---|---|---|---|---|---|
| Strumed Solutions Private Limited | ₹2.66 Cr (FY 2024) | 88.0% | Surat, Gujarat, India | |||
| Biocraft Scientific Systems Private Limited | ₹2.64 Cr (FY 2025) | 3.0% | Uttar Pradesh, India | |||
| Stemtech Medical Devices Private Limitedthis company | ₹2.64 Cr (FY 2025) | ₹17.52 Lakh | 6.6% | 115.0% | Thane, Maharashtra, India | |
| Basic Healthcare Products Private Limited | ₹2.63 Cr (FY 2025) | -14.0% | Punjab, India |
To see the full peer comparison of Stemtech Medical Devices Private Limited, buy the company report.
Auditor
Stemtech Medical Devices Private Limited is audited by SSVA & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SSVA & Associates | FY 2024 | 132323W |
Shareholding
The shareholding of Stemtech Medical Devices Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Stemtech Medical Devices Private Limited, buy the company report.
Charges & borrowings
Open charges
₹60 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Nov 2025 | 101182255 | Others | ₹60 Lakh | Open |
Total charge records: 1 View all charges
Deals & funding
Stemtech Medical Devices Private Limited has 6 deals on record (4 funding rounds, 2 rights issues), with disclosed funding of ₹2.29 Cr; the latest was in February 2024.
Total deals
6
Funding rounds
4
Rights issues
2
Disclosed funding
₹2.29 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2024 | Funding round | ₹30 Lakh | Investors: 3 individuals |
| Oct 2023 | Funding round | ₹1.5 Cr | Investors: an individual |
| Aug 2023 | Funding round | ₹26.5 Lakh | Investors: an individual |
| Apr 2023 | Rights issue | ₹6.7 Lakh | Investors: an individual |
| Aug 2022 | Rights issue | ₹76.5 Lakh | Investors: Bipin Vazirani Family Trust |
To see the full deal history of Stemtech Medical Devices 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
No court or tribunal cases involving Stemtech Medical Devices 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 Stemtech Medical Devices Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Stemtech Medical Devices Private Limited has 1 active EPFO establishment as of Nov 04, 2025.
Active EPFO establishments
1
GST
Stemtech Medical Devices has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABFCS9531D1Z9 | Maharashtra | Active | 02 Sep 2021 |
To see the full GST registrations and return filing status of Stemtech Medical Devices Private Limited, buy the company report.
Recent activity
Stemtech Medical Devices Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Raghuveer Surupa was appointed as Director on 20 Apr 2021.
Charges
A charge with Others amounted to Rs. 60.00 Lakh with Charge ID 101182255 was registered on 03 Nov 2025.
AGM
Stemtech Medical Devices Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Stemtech Medical Devices Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Raghuveer Surupa was appointed as Director.
Appointed
Surupa Naganna was appointed as Director.
Incorporation
20 Apr 2021
Stemtech Medical Devices Private Limited was registered on 20 Apr 2021 with Roc Mumbai & aged 5 years 6 months as per MCA records.
Frequently asked questions
Stemtech Medical Devices is an active private limited company based in Thane, Maharashtra, India. The company works in medicinal chemical and botanical products, within the chemicals industry. It was incorporated on 20 April 2021 (5+ years old) and is registered under CIN U33203MH2021PTC359249.
Stemtech Medical Devices has 2 current directors:
- Surupa Naganna - Director
- Raghuveer Surupa - Director
The latest financial statements of Stemtech Medical Devices 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 2022 are in the company report.
The GSTIN of Stemtech Medical Devices is 27ABFCS9531D1Z9, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Stemtech Medical Devices is U33203MH2021PTC359249. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stemtech Medical Devices was incorporated on 20 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Stemtech Medical Devices has 6 deals on record (4 funding rounds, 2 rights issues), with disclosed funding of ₹2.29 Cr; the latest was in February 2024.
The peers of Stemtech Medical Devices by revenue are Strumed Solutions Private Limited, Biocraft Scientific Systems Private Limited, Basic Healthcare Products Private Limited, all in the Healthcare industry (Medical and Laboratory Equipment), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Raghuveer Surupa was appointed as Director on 20 Apr 2021. Surupa Naganna was appointed as Director on 20 Apr 2021.
Yes, Stemtech Medical Devices is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Stemtech Medical Devices is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0238775).