Pharmaceutical Mfg Company Looking For Funding For Export
About Business
Tablets, Capsules, Syrups, Dry Powders, Dry injections, Ointments, and Lotions are manufactured under stringent quality control as per international guidelines under the close supervision of professional.
Clientele type
Physicians (for own products), Other pharma companies (for contract manufacturing)
This Pharmaceutical company has domestic sales operations covering most eastern and northern states of India. Their current field force including the management team has up to 300+ experienced members.
Premises
Changodar (Ahmedabad Outskirts)
The plant is as per WHO GMP and PIC/S certification for the export market. The oral formulation plant has a general section, beta-lactam antibiotics, and cephalosporin section. The production of beta-lactam antibiotics and the cephalosporin section has been started
Asking Price Includes
Equity Investment, valuation would be done looking at production (contract manufacturing) as well marketing (branded) products business
Reason
Capacity building for Export Market Expansion, Working Capital
More Details
Manufacturing plant has been commission in 2019 only, latest equipments, robust team, solid growth plans
Team Details
One of the promoters has started a private limited company which was incorporated in the year 2016. It is a home for high quality branded pharmaceutical products. The company has a team of dedicated professionals who understand the need for prompt and efficient service for our customer satisfaction. The company’s aim is to manufacture medicines at a reasonable cost for healthcare facilities.
Financial Information
The turnover for FY 19- 20 is INR 57.34 Cr, and for the year 20-21 it is 63Cr with 3.89Cr PBT with help of branded sales, export revenue (incl mfg services)
The management team is looking to raise equity investment in the range of 12Cr to 15 Cr. to be able to spend on marketing/sales team and geographic expansion. Equity % will be discussed case by case basis (i.e strategic and/ or financial investment. The aprx bank CC limit is 15Cr and Term loan of 27Cr.
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₹10 to ₹200 Cr
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