Sotac Pharmaceuticals Profile
Key Indicators
- Authorised Capital ₹ 11.50 Cr
- Paid Up Capital ₹ 11.05 Cr
- Company Age 9 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 14.83 Cr
- Satisfied Charges ₹ 10.69 Cr
- Revenue Growth 17.51%
- Profit Growth 27.88%
- Ebitda 25.34%
- Net Worth 319.05%
- Total Assets 38.89%
About Sotac Pharmaceuticals
Sotac Pharmaceuticals Limited (SPL) is a registered startup operating as a Company incorporated in India on 18 December 2015 (Nine years and two months 18 days old ). Its registered office is in Ahmedabad, Gujarat, India.
The Company is engaged in the Chemicals Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 11.50 Cr and a paid-up capital of Rs 11.05 Cr.
The company currently has active open charges totaling ₹14.83 Cr. The company has closed loans amounting to ₹10.69 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Sotac Pharmaceuticals Limited India are Brijeshkumar Patel as CFO and Parikh Dipesh as Company Secretary. Chetankumar Patel, Dineshkumar Gelot, Vishalkumar Patel, and Four other members serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24230GJ2015PLC085451
- Company No.
085451
- Incorporation Date
18 Dec 2015
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Chemicals
Who are the key members and board of directors at Sotac Pharmaceuticals?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sharadkumar Patel  | Managing Director | 12-Dec-2022 | Current |
| Brijeshkumar Patel | CFO | 30-Dec-2022 | Current |
| Parikh Dipesh | Company Secretary | 11-Aug-2023 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vishalkumar Patel | Director | 18-Dec-2015 | Current |
| Dineshkumar Gelot | Whole-Time Director | 12-Dec-2022 | Current |
| Chetankumar Patel | Director | 18-Dec-2015 | Current |
| Heena Patel | Director | 19-Dec-2022 | Current |
| Bhavinkumar Joshi | Director | 28-Aug-2024 | Current |
| Ketankumar Modi | Director | 29-Aug-2024 | Current |
Financial Performance of Sotac Pharmaceuticals.
Sotac Pharmaceuticals Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 17.51% increase. The company also saw a substantial improvement in profitability, with a 27.88% increase in profit. The company's net worth Soared by an impressive increase of 319.05%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sotac Pharmaceuticals?
In 2024, Sotac Pharmaceuticals had a promoter holding of 72.85% and a public holding of 27.15%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Sotac Healthcare Private Limited
Chetankumar Patel, Dineshkumar Gelot and 2 more are mutual person
- Sotac Research Private Limited
Chetankumar Patel, Dineshkumar Gelot and 1 more are mutual person
Sotac Lifesciences Private LimitedVishalkumar Patel and Sharadkumar Patel are mutual person
- Samyati Stays Private Limited
Sharadkumar Patel is a mutual person
Charges (Loans)
Open Charges
₹14.83 Cr
Satisfied Charges
₹10.69 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 13.33 Cr
- Sidbi : 1.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Sep 2021 | Sidbi | ₹1.00 Cr | Open |
| 16 Jul 2021 | Axis Bank Limited | ₹13.33 Cr | Open |
| 14 Aug 2020 | Sidbi | ₹5.00 M | Open |
| 18 May 2016 | State Bank Of India | ₹3.90 Cr | Satisfied |
| 18 May 2016 | State Bank Of India | ₹6.79 Cr | Satisfied |
How Many Employees Work at Sotac Pharmaceuticals?
Sotac Pharmaceuticals has a workforce of 53 employees as of Dec 11, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sotac Pharmaceuticals, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sotac Pharmaceuticals's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Sotac Pharmaceuticals
Recent activity within the organization
- Annual General Meeting
Sotac Pharmaceuticals Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Director Appointment
Ketankumar Arvindbhai Modi was appointed as a Director was appointed as a Director on 29 Aug 2024 & has been associated with this company since 6 months 6 days .
- Director Appointment
Bhavinkumar Prafulbhai Joshi was appointed as a Director was appointed as a Director on 28 Aug 2024 & has been associated with this company since 6 months 7 days .
- Balance Sheet
Sotac Pharmaceuticals Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Axis Bank Limited of Rs. 13.33 Cr registered on 16 Jul 2021 with Charge ID 100472992 was modified on 09 Mar 2023.
- Director Appointment
Brijeshkumar Ranchhodbhai Patel was appointed as a Cfo was appointed as a Cfo on 30 Dec 2022 & has been associated with this company since 2 years 2 months .
Frequently asked questions
What is the Incorporation or founding date of Sotac Pharmaceuticals Limited?
Sotac Pharmaceuticals Limited was incorporated on 18 Dec 2015.
What is authorized share capital and paid-up capital of Sotac Pharmaceuticals Limited?
The authorized share capital of Sotac Pharmaceuticals Limited is ₹ 11.50 Cr and paid-up capital is ₹ 11.05 Cr.
Who are the current board members & directors of Sotac Pharmaceuticals Limited?
Currently 9 directors are associated with Sotac Pharmaceuticals Limited.
- Chetankumar Bachubhai Patel
- Dineshkumar Babulal Gelot
- Vishalkumar Devrajbhai Patel
- Sharadkumar Dashrathbhai Patel
- Heena Viral Patel
- Bhavinkumar Prafulbhai Joshi
- Ketankumar Arvindbhai Modi
- Brijeshkumar Ranchhodbhai Patel
- Parikh Niyati Dipesh
What is the registered address of Sotac Pharmaceuticals Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sotac Pharmaceuticals Limited is Plot No. Pf-21 Nr. Acme Pharma Opp. Teva Pharma Sanand Gidc-Ii, Sanand India, Ahmedabad, Gujarat, 382110.
What is the corporate identification number (CIN) and company number of Sotac Pharmaceuticals Limited?
The corporate identification number (CIN) of Sotac Pharmaceuticals Limited is U24230GJ2015PLC085451 and the company number is 085451 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sotac Pharmaceuticals Limited?
The Official website of Sotac Pharmaceuticals Limited is https://www.sotacpharma.com
What has been the recent revenue trend for Sotac Pharmaceuticals Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Sotac Pharmaceuticals Limited has risen by 17.51%.
How many employees does Sotac Pharmaceuticals Limited currently have?
As Per 2024 financial reports, 53 employees are currently employed by Sotac Pharmaceuticals Limited.
What change has been observed in the net worth of Sotac Pharmaceuticals Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Sotac Pharmaceuticals Limited has experienced an upsurge of 319.05%.
What are the total open charges for Sotac Pharmaceuticals Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Sotac Pharmaceuticals Limited amount to ₹ 14.83 Cr.
When was the last Balance Sheet of Sotac Pharmaceuticals Limited filed with the ROC?
The most recent Balance Sheet for Sotac Pharmaceuticals Limited was filed with the ROC on 31 Mar 2024.
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