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GANGA PHARMACEUTICALS LTD.

21 February 2025 | 12:00

Industry >> Pharmaceuticals

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ISIN No INE615T01017 BSE Code / NSE Code 539680 / GANGAPHARM Book Value (Rs.) 13.30 Face Value 10.00
Bookclosure 25/09/2024 52Week High 27 EPS 0.10 P/E 121.77
Market Cap. 5.65 Cr. 52Week Low 11 P/BV / Div Yield (%) 0.88 / 0.00 Market Lot 8,000.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The Company was originally incorporated in Mumbai as "Ganga Pharmaceuticals Private Limited" on 11th September, 1989 under the provisions of the Companies Act, 1956 vide certificate of incorporation issued by the Registrar of Companies, Mumbai. The Company was converted in to a Public Limited Company and consequently the name was changed to "Ganga Pharmaceuticals Private Limited" vide fresh certificate of incorporation dated 19th September, 1994 issued by the Registrar of Companies, Mumbai. The CIN No. of the Company is U99999MH1989PLC053392. The Company was set up by Late Shri Brijmohan Sharma, a qualified Ayurveda visionary in the year 1974 as a proprietary concern. In the year 1989, the proprietary firm was converted to a Private Limited Company and subsequently converted in to a Public Limited Company as on 19th September, 1994. The Company was established as a producer of quality Bulk Ayurvedic Medicines in Mumbai. Apart from manufacturing, the company is also into marketing, distribution of Bulk Ayurvedic Medicines. Under the Management of Late Shri Brijmohan Sharma, the Company had created an exceptional market reputation not only in Mumbai but all over Maharashtra. Initially, the company was manufacturing the following proprietary products: 1) Ampachan Vati; 2) Khadira Vati; 3) Nirmalaya churna Bearing in mind, the growing demand for the above products and newer products, increasing market share in Bulk Ayurvedic Medicine Sector and need for expertise in the business; Mr. Bharat Brijmohan Sharma, son of Late Shri Brijmohan Sharma took over the business. Being a Bachelor of Pharmacy from Pune University and a technocrat having rich experience in production and management of Ayurvedic unit, he not only extended the business to the neighbouring states but also introduced newer products within the company. As on date the company, it has 230 number of products in its total portfolio. We have been awarded a G.M.P Certification for following Good Manufacturing Practices under Revised Schedule T of Drugs & Cosmetics Rules, 1945 in respect of various categories of Tablets, Pills, Oils, Syrups and Powder based products by Food & Drug Administration, Maharashtra. Further, The company is characterized as Small Scale Industrial Unit by registering with the Directorate of Industries, Maharashtra. Key Events and Milestones: The following table sets forth the key events and milestones in the history of our Company, since incorporation: 1993 - Expanded the product portfolio to the current portfolio in 20 years 1993 - Obtained Import-Export License 2000 - Created and Developed Ayurvedic Pharmacopeias- a in-house guideline to be followed from manufacturing stage to packaging stage 2000 - Set up full fledge in-house Laboratory with the Manufacturing Unit 2001 - Received Good Manufacturing Practice (GMP) Certificate from FDA, Maharashtra 2004 - Established C & F depots in West Bengal & Orissa 2009 -`High Performance Capability and Moderate Financial Strength' Certificate received from NSICCRISIL