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AMI ORGANICS LTD.

12 March 2025 | 03:59

Industry >> Pharmaceuticals

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ISIN No INE00FF01017 BSE Code / NSE Code 543349 / AMIORG Book Value (Rs.) 293.66 Face Value 10.00
Bookclosure 20/09/2024 52Week High 2644 EPS 10.45 P/E 208.52
Market Cap. 8918.80 Cr. 52Week Low 1004 P/BV / Div Yield (%) 7.42 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The Company was initially formed as a partnership firm under the Partnership Act, 1932 as "Ami Organics" with effect from January 3, 2004 at Surat, Gujarat, India pursuant to a deed of partnership dated January 3, 2004 executed amongst the Promoters, along with others, as partners. The firm converted into a private limited company under the Companies Act 1956, under the name of "Ami Organics Private Limited" with a certificate of incorporation dated June 12, 2007 issued by the Registrar of Companies, Gujarat, Dadra and Nagar Haveli. Subsequently, the Company was converted into a public limited company, following which the Company's name was changed to "Ami Organics Limited", and a fresh certificate of incorporation was issued by the RoC on April 18, 2018.

Major events and milestones of the Company :
2004
- Formation of partnership firm in the name of "Ami Organics"

2007
- Ami Organics changed its constitution into Ami Organics Private Limited

2011
- Implemented the Integrated Management System (IMS)

2015
- Achieved turnover of Rs. 1,000 million
- Incorporated Ami Onco-Theranostics, LLC in USA along with Photolitec LLC

2016
- Established a tertiary effluent treatment plant to become zero liquid discharge plant
- Received recognition from the Department of Scientific and Industrial Research for the in-house research and development ("R&D") unit.

2017
- Increased warehouse capacity by establishing a warehouse equipped with modern infrastructure including fire and safety and having a storage capacity of 1050 metric ton ("MT") of raw material
- Achieved turnover of Rs. 1,500 million
- Applied for process patents for five products in India

2018
- Completed assessment of and established a good manufacturing practice (GMP) compliant facility at the production site and warehouse in Surat, Gujarat.
- Applied for process patents for three additional products in India
- Converted Ami Organics Private Limited into a public limited company, Ami Organics Limited
- Received first establishment inspection report ("EIR") from the United States Food and Drug Administration ("USFDA")

2020
- Received second EIR from USFDA for the manufacturing facility at Surat, Gujarat
- Commencement of a new research and development laboratory at Sachin, Surat, Gujarat
- Commencement of the new solvent recovery plant at Sachin, Surat, Gujarat

2021
- Acquisition of the Ankleshwar and Jhagadia units from Gujarat Organics Limited
- Applied for process patents for three additional products in India

2018 -Company name has changed to Ami Organics Ltd. from Ami Organics Pvt. Ltd..