Suncure Pharmaceutical Private Limited

Suncure Pharmaceutical Private Limited - pharma in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U24100KA2021PTC145476 Incorporated 17 March 2021 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company pharma
Data last updated
Revenue · FY 2023
₹30.11 Lakh
▼ 49% YoY
Net loss · FY 2023
₹40.79 Lakh
Net margin -135.5%
EBITDA · FY 2023
-₹40.79 Lakh
EBITDA margin -135.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Last financials
Mar 2023
Balance sheet date

About Suncure Pharmaceutical Private Limited

Data last updated:

Suncure Pharmaceutical Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 17 March 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24100KA2021PTC145476.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Anand Kumar Pandey and Vaishnavi Pandey.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2023, the company reported a revenue of ₹30.11 Lakh, a decline of 49% compared to the previous year. For the same year it recorded a net loss of ₹40.79 Lakh (net margin -135.5%) and EBITDA of -₹40.79 Lakh (EBITDA margin -135.5%).

Court records list 11 cases involving the company, including 11 filed against it; 4 cases are pending.

Company Details of Suncure Pharmaceutical Private Limited
CIN U24100KA2021PTC145476
Registration Number 145476
Incorporation Date 17 March 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    No 15/1 10th Main Road, Jc Nagar, Bangalore, Karnataka, India – 560086
  • Industry
    Pharma, Drug Formulation & Development, Pharma Contract R&D
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Financials, compliance, directors, charges, ownership and filings for Suncure Pharmaceutical Private Limited in one report.

Financials from FY 2021 Directors & ownership Charges & compliance

Business Activity of Suncure Pharmaceutical Private Limited

The main business activity of Suncure Pharmaceutical is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical productsLocked
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Financials of Suncure Pharmaceutical Private Limited FY 2023 filings available

Suncure Pharmaceutical Private Limited reported revenue of ₹30.11 Lakh (down 49% YoY) for FY 2023.

Revenue · FY 2023
₹30.11 Lakh ▼ 49%
Net loss · FY 2023
₹40.79 Lakh margin -135.5%
EBITDA · FY 2023
-₹40.79 Lakh margin -135.5%

Compounded Annual Growth Rate (CAGR) of Suncure Pharmaceutical Private Limited

Revenue CAGR growth
1 year
▼ 49%
EBITDA CAGR growth
1 year
▼ 567%

Revenue fell 49% in the latest year. EBITDA fell 567% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Suncure Pharmaceutical Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21
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-₹40.79 Lakh••••••••
Profit Before Tax••••••••••••
Tax Expense••••••••••••
Net Profit (PAT)-₹40.79 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 of Suncure Pharmaceutical Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-135.5%••••••••
Net Profit Margin-135.5%••••••••
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 Suncure Pharmaceutical are in the company report.

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Financial statements from FY 2021

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Peer Comparison of Suncure Pharmaceutical Private Limited

Suncure Pharmaceutical Private Limited is compared with the companies closest to it by revenue in the Pharma industry (Contract Research). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Clinimed Allergy Solutions Private Limited₹31.5 Lakh (FY 2024)••••••••343.0%••••Bangalore, Karnataka, India
Orcivita Sciences and Research Private Limited₹31.4 Lakh (FY 2024)••••••••83.0%••••Kolkata, West Bengal, India
Clinfound Diagnostics Private Limited₹30.82 Lakh (FY 2025)••••••••-73.0%••••Thodupuzha, Kerala, India
Smo Clinical Research (India) Private Limited₹30.36 Lakh (FY 2025)••••••••-72.0%••••Bangalore, Karnataka, India
P.T Healthcare Private Limited₹30.24 Lakh (FY 2025)••••••••••••Nadia, West Bengal, India
Suncure Pharmaceutical Private Limited this company₹30.11 Lakh (FY 2023)••••••••-49.0%••••Bangalore, Karnataka, India
Vanthys Pharmaceutical Development Private Limited₹29.46 Lakh (FY 2018)••••••••0.0%••••Noida, Uttar Pradesh, India
Omicsgen Lifesciences Private Limited₹29.32 Lakh (FY 2024)••••••••-25.0%••••Kanayannur, Kerala, India
Ethitrials Contract Research Private Limited₹29.27 Lakh (FY 2024)••••••••20.0%••••Ahmedabad, Gujarat, India
Chemengg Research Private Limited₹29.07 Lakh (FY 2024)••••••••-13.0%••••Pune, Maharashtra, India
Nkure Therapeutics Private Limited₹28.47 Lakh (FY 2025)••••••••87.0%••••Bangalore, Karnataka, India

Peers are the five companies nearest above and the five nearest below Suncure Pharmaceutical by revenue in the Pharma industry (Contract Research), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Board of Directors of Suncure Pharmaceutical Private Limited

Suncure Pharmaceutical has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Anand Kumar PandeyDirector17 Mar 20215 Years 6 MonthsCurrent
Vaishnavi PandeyAdditional Director05 Jun 20251 Years 4 MonthsCurrent

Charges & Borrowings of Suncure Pharmaceutical Private Limited

Suncure Pharmaceutical Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Suncure Pharmaceutical Private Limited

Employment history and EPFO contributions of people linked to Suncure Pharmaceutical.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Suncure Pharmaceutical Private Limited

Suncure Pharmaceutical Private Limited has 9 board changes on record since 2021: 4 appointments and 5 cessations. The latest: Uttamkaran Chandankaran Mehta ceased to be Director on 05 Jun 2025.

Ceased
Uttamkaran Chandankaran Mehta ceased to be Director.
Ceased
Vaibhav Karan Mehta ceased to be Director.
Appointed
Vaishnavi Pandey was appointed as Additional Director.
Ceased
Vijay Kumar Nenmal Jain ceased to be Director.
Ceased
Nenmal Bhagavanchandji Jain ceased to be Additional Director.
Appointed
Vaibhav Karan Mehta was appointed as Director.
Appointed
Vijay Kumar Nenmal Jain was appointed as Director.
AGM
Suncure Pharmaceutical Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Ceased
Mahaveer Kumar Chopra ceased to be Director.
Filing
Suncure Pharmaceutical Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Appointed
Anand Kumar Pandey was appointed as Director.
Incorporation
17 Mar 2021
Suncure Pharmaceutical Private Limited was registered on 17 Mar 2021 with Roc Bangalore & aged 5 years 6 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Suncure Pharmaceutical Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Suncure Pharmaceutical Private Limited

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Subsidiaries & Group Companies of Suncure Pharmaceutical Private Limited

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Corporate group structure

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GST Compliance of Suncure Pharmaceutical Private Limited

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MCA Filings & Documents of Suncure Pharmaceutical Private Limited

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MCA filings and documents

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Frequently Asked Questions about Suncure Pharmaceutical Private Limited

Suncure Pharmaceutical is an active private limited company based in Bangalore, Karnataka, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 17 March 2021 (5+ years old) and is registered under CIN U24100KA2021PTC145476.

Suncure Pharmaceutical reported revenue of ₹30.11 Lakh for FY 2023 (down 49% YoY).

Suncure Pharmaceutical has 2 current directors:

Suncure Pharmaceutical reported a net loss of ₹40.79 Lakh (net margin -135.5%) and EBITDA of -₹40.79 Lakh (EBITDA margin -135.5%) for FY 2023, as per its filed financial statements.

The CIN (Corporate Identification Number) of Suncure Pharmaceutical is U24100KA2021PTC145476. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Suncure Pharmaceutical has 11 court cases on record: 11 filed against it. 4 are pending.

Suncure Pharmaceutical was incorporated on 17 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Suncure Pharmaceutical by revenue are Clinimed Allergy Solutions Private Limited, Orcivita Sciences and Research Private Limited, Clinfound Diagnostics Private Limited, Smo Clinical Research (India) Private Limited, P.T Healthcare Private Limited and 5 more, all in the Pharma industry (Contract Research).

Uttamkaran Chandankaran Mehta ceased to be Director on 05 Jun 2025. Vaibhav Karan Mehta ceased to be Director on 05 Jun 2025. Vaishnavi Pandey was appointed as Additional Director on 05 Jun 2025. Suncure Pharmaceutical has 9 board changes on record in total.

Yes, Suncure Pharmaceutical is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

The registered office of Suncure Pharmaceutical is at No 151 10th Main Road, Jc Nagar, Bangalore, Karnataka, India – 560086.

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