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Pharma formulation mfg Company Looking for Stake Sale

Asking Price 8 Cr Annual Revenue 5Cr
Sub-Category : Formulations Year Established 1990
No. of Employees 50 Listed On 2017-05-06

The Company is WHO-GMP and Indian GMP Certified Pharmaceutical Company situated at Gujarat and export and markets their quality formulations to few countries. Company is having around 54000 sq. ft land and around 46000 sq. ft constructed area on ground plus first floor. They have the following facilities for WHO-GMP like Tablets (General) and Capsules (General) and for GMP Sterile Liquid (General) & Powder (Betalactum) and Liquid Oral (General). Technically qualified personnel, well experienced personnel for formulation development, regulatory affairs and manufacturing. Product Development - Company have developed new Generic Formulations for exports which include Statins, Sildenafil, Tranexamic Acid, Aceclofenac, etc. Regulatory Department - All regulatory work including preparation of Dossiers for products registration is done in-house.  By now, Company have prepared Dossiers of more than 100 Products. Quality Control – Company's Quality Control Department is fully equipped with equipments like GC, IR, Stability Chamber, etc.  95% of the testing is done in-house only. Company having very good export market if Africa and East Asian counries. In domestic market products are sold in more than 15 states across India. Current runover is around 5 Cr which can be increased many fold. Promoters are looking for stake sale. Asking price Rs. 8 Cr.