Surge Biotech Private Limited

Surge Biotech Private Limited - pharma in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U85110GJ2003PTC042715 Incorporated 01 August 2003 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company pharma MSME · Small
Data last updated
Revenue · FY 2024
₹7.92 Cr
▲ 38% YoY
Net profit · FY 2024
₹5.65 Lakh
Net margin 0.7%
EBITDA · FY 2024
₹30.57 Lakh
EBITDA margin 3.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
23 yrs
Est. 2003
Employees · EPFO
49
Provident fund records

About Surge Biotech Private Limited

Data last updated:

Surge Biotech Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 01 August 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U85110GJ2003PTC042715. Its GSTIN is 24AAHCS4579A1ZF (Gujarat).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jayraj Manish Chudgar (Whole-Time Director) and Nitin Sumantray Vyas.

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 402 Akshat Complex Opp. Dr. Rajendra Patels Hospital Mithakhali Six Roads, Ahmedabad, Gujarat, India – 380006.

As per the financials filed for FY 2024, the company reported a revenue of ₹7.92 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹5.65 Lakh (net margin 0.7%) and EBITDA of ₹30.57 Lakh (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 9% over five years.

The company has about 49 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Surge Biotech. As per MCA filings, the company has open charges of ₹1 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.

Surge Biotech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0158220). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website surgebiotech.co.in.

Company details

CIN U85110GJ2003PTC042715
Registration Number 042715
Incorporation Date 01 August 2003
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0158220
Key People
Jayraj Manish Chudgar Whole-Time Director Nitin Sumantray Vyas Director Manish Chudgar Rasiklal Director

Recognitions & Rankings of Surge Biotech

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0158220

Contact details

Surge Biotech Private Limited's registered office is in Ahmedabad, Gujarat. Its website is surgebiotech.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    surgebiotech.co.in
  • Registered Address
    402 Akshat Complex Opp. Dr. Rajendra Patels Hospital Mithakhali Six Roads, Ahmedabad, Gujarat, India – 380006
  • Industry
    Pharma, Drug Formulation & Development

To see the full contact details of Surge Biotech Private Limited, buy the company report.

Comprehensive company report
Surge Biotech 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

Surge Biotech operates one associated brand: Surge Biotech. Each brand links to its own profile.

BrandDescriptionWebsite
Surge Biotech
Healthcare formulation manufacturing and distribution in India.surgebiotech.co.in

Business activity

The main business activity of Surge Biotech is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Surge Biotech Private Limited, buy the company report.

Financials of Surge Biotech Private Limited

FY 2025 filings available

Surge Biotech Private Limited reported revenue of ₹7.92 Cr (up 38% YoY) for FY 2024.

Revenue · FY 2024
₹7.92 Cr ▲ 38%
Net profit · FY 2024
₹5.65 Lakh margin 0.7%
EBITDA · FY 2024
₹30.57 Lakh margin 3.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 38%
3 years · compounded
▲ 20%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 15%
5 years · compounded
▲ 6%

Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 38% growth in the latest year. EBITDA rose 26% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹30.57 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.65 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin3.9%
Net Profit Margin0.7%
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

To see the full financial statements and ratios of Surge Biotech Private Limited, buy the company report.

Board of directors of Surge Biotech Private Limited

Surge Biotech has 7 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nitin Sumantray Vyas
Also directs: Allysurge Lifescience Private Limited
Director01 Aug 200323 Years 3 MonthsCurrent
Manish Chudgar RasiklalDirector01 Aug 200323 Years 3 MonthsCurrent
Atman Ajayabhai Pandya
Also directs: Allysurge Lifescience Private Limited, Aerosurge Metabolics Private Limited
Director03 Aug 20215 Years 3 MonthsCurrent
Jayraj Manish Chudgar
Also directs: Allysurge Lifescience Private Limited, Aerosurge Metabolics Private Limited
Whole-Time Director16 May 20233 Years 5 MonthsCurrent
Ajay Jagdishbhai PandyaDirector01 Aug 200323 Years 3 MonthsCurrent
Lipi Jayraj Chudgar
Also directs: Aerosurge Metabolics Private Limited
Director29 Jul 20251 Years 3 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Peer comparison

Surge Biotech Private Limited is compared with the 3 companies closest to it by revenue in the Pharma industry (Formulations), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Medok Lifesciences Private Limited₹7.96 Cr (FY 2025)10.0%Manimajra, Chandigarh, India
Orion Biotech Private Limited₹7.94 Cr (FY 2025)-1.0%Ahmedabad, Gujarat, India
Velarix Lifesciences Private Limited₹7.93 Cr (FY 2025)-55.0%Hyderabad, Telangana, India
Surge Biotech Private Limitedthis company₹7.92 Cr (FY 2024)₹5.65 Lakh0.7%38.0%49Ahmedabad, Gujarat, India

To see the full peer comparison of Surge Biotech Private Limited, buy the company report.

Auditor

Surge Biotech Private Limited is audited by NILESH DESAI & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
NILESH DESAI & COFY 2023044975

Shareholding

The shareholding of Surge Biotech Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Surge Biotech Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹1.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 Jul 2020100353927Hdfc Bank Limited₹1 CrOpen

To see the full charge records of Surge Biotech Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

Surge Biotech Private Limited has 5 MSME Form 1 returns on record between 2019 and 2022, listing 41 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 6)

SupplierAmount dueDue sinceReported on
Merril Pharma Private Limited
Walpar Healthcare
Rahil Enterprise
Mestra Pharma Private Limited
Baroque Pharmaceuticals Pvt Ltd

To see the full MSME payment records of Surge Biotech Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Surge Biotech Private Limited has a workforce of 49 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
49
Active EPFO establishments
1
Employee growth
36.11%

GST

Surge Biotech has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAHCS4579A1ZFGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Surge Biotech Private Limited, buy the company report.

Recent activity

Surge Biotech Private Limited has 11 board changes on record since 2003: 7 appointments and 4 cessations. The latest: Ketul Jasavantlal Shah was appointed as Additional Director on 29 Jul 2025.

AGM
Surge Biotech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Ketul Jasavantlal Shah was appointed as Additional Director.
Appointed
Lipi Jayraj Chudgar was appointed as Director.
Filing
Surge Biotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited of Rs. 100.00 Lakh registered on 23 Jul 2020 with Charge ID 100353927 was modified on 12 Jun 2024.
Ceased
Jayraj Manish Chudgar ceased to be Director.
Appointed
Jayraj Manish Chudgar was appointed as Whole-Time Director.
Ceased
Bhupendra Natvarlal Parikh ceased to be Director.
Ceased
Atman Ajayabhai Pandya ceased to be Additional Director.
Appointed
Atman Ajayabhai Pandya was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 100.00 Lakh with Charge ID 100353927 was registered on 23 Jul 2020.
Ceased
Jignesh Patel Ravjibhai ceased to be Director.

4 earlier events are in the company report.

Frequently asked questions

Surge Biotech is an active private limited company based in Ahmedabad, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 01 August 2003 (23+ years old) and is registered under CIN U85110GJ2003PTC042715.

Surge Biotech has 7 current directors:

The latest financial statements of Surge Biotech 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 Surge Biotech is 24AAHCS4579A1ZF, registered in Gujarat.

The CIN (Corporate Identification Number) of Surge Biotech is U85110GJ2003PTC042715. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Surge Biotech has 3 court cases on record: 3 filed by the company. 1 is pending. Most are in the district courts.

Surge Biotech was incorporated on 01 August 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Surge Biotech by revenue are Medok Lifesciences Private Limited, Orion Biotech Private Limited, Velarix Lifesciences Private Limited, all in the Pharma industry (Formulations), with the same principal business activity (wholesale trading).

Ketul Jasavantlal Shah was appointed as Additional Director on 29 Jul 2025. Lipi Jayraj Chudgar was appointed as Director on 29 Jul 2025. Jayraj Manish Chudgar ceased to be Director on 29 Sep 2023. Surge Biotech has 11 board changes on record in total.

Yes, Surge Biotech is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0158220).

Surge Biotech has 5 MSME Form 1 returns on record between 2019 and 2022, listing 41 overdue payments to 6 micro and small suppliers. The latest return was filed on 30 Apr 2022.

Surge Biotech can be reached through the website surgebiotech.co.in. Its registered office is in Ahmedabad, Gujarat, India.