Leading API Manufacturer in India with Strong Growth Potential Ahead

BRIEF

A distressed pharmaceutical manufacturing company with nationwide presence, currently under the Corporate Insolvency Resolution Process (CIRP). The company owns six facilities across India and was last engaged in the production of APIs and intermediates for regulated and unregulated markets. The asset is available under the IBC process and offers an opportunity to revive a previously revenue-generating business with multi-site infrastructure.

Key Highlights

Location:
Facilities across Maharashtra, Telangana, and Haryana

 

Aquisition:
Through CIRP

 

Manufacturing Focus:
Active Pharmaceutical Ingredients (APIs) and intermediates for both domestic and global markets

 

Ownership & Governance:
Public limited company with suspended board of directors; governed by Resolution Professional

 

Products & Services

Company was engaged in the manufacturing and sale of a wide range of APIs and intermediates across therapeutic categories such as:

  • Anti-TB
  • Anti-malarial
  • Antifungal
  • Anticancer
  • Antipyretic
  • Antacids
  • Anaesthetics
  • And others, including vitamin and nutritional products

Its offerings catered to both innovators and generic drug companies in India and international markets, including regulated markets.

 

Asset & Infrastructure Overview

Manufacturing Units:

  1. Merven Unit – Sangareddy, Telangana (Last operational: Oct 2023)
  2. Watsol Unit – Siddipet, Telangana (Last operational: May 2024)
  3. Gurgaon Unit – Haryana (Last operational: Apr 2024)
  4. Badlapur Unit – Thane, Maharashtra (Last operational: Oct 2023)
  5. Tarapur Unit – MIDC Tarapur, Boisar, Maharashtra
  6. Dombivli Unit – Dombivli East, Maharashtra (Last operational: Dec 2023)

 

Core Capabilities:

  • API manufacturing
  • Intermediates production
  • Spread across high-grade industrial hubs with ready plant infrastructure

 

Position in Value Chain:
Manufacturer of intermediates and APIs for pharmaceutical supply chains, with offerings that served global and domestic clients.

Additional Information

Strategic Opportunity

Company represents a significant investment opportunity for pharma strategics or PE-backed consolidators seeking:

  • Entry or expansion in API and intermediate manufacturing
  • Multi-plant footprint in major pharma hubs
  • Infrastructure-ready units with product registration history
  • Reviving operations at a competitive resolution value

GALLERY

BUSINESS DETAILS

BUSINESS DOCUMENTS

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