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Biofil Chemicals & Pharmaceuticals Ltd.

BSE: 524396 Sector: Health care
NSE: BIOFILCHEM ISIN Code: INE829A01014
BSE LIVE 15:40 | 23 May 11.07 -0.44
(-3.82%)
OPEN

11.80

HIGH

11.80

LOW

10.94

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 11.80
PREVIOUS CLOSE 11.51
VOLUME 2117
52-Week high 16.06
52-Week low 6.27
P/E 13.67
Mkt Cap.(Rs cr) 18
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 11.80
CLOSE 11.51
VOLUME 2117
52-Week high 16.06
52-Week low 6.27
P/E 13.67
Mkt Cap.(Rs cr) 18
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Biofil Chemicals & Pharmaceuticals Ltd. (BIOFILCHEM) - Company History

Biofil Chemicals & Pharmaceuticals (BCPL) was incorporated as a private limited company on 4 Jan.'85 for manufacture of pharmaceutical products and it was converted into a public limited company on 7 May '92. It was promoted by the Systematix group and Ramesh Shah of the Cyano group. Ramesh Shah is the chairman and managing director and Anand Kumar Sethiya is the managing director. In Feb.'96, the company had come out with a rights-cum-public issue at a premium of Rs 7.50 and at a premium of Rs 12.50 respectively, both aggregating Rs 23.21 cr, to part-finance its expansion and diversification into bulk drugs and pharmaceutical formulations. The company currently manufactures pharmaceutical formulations like injections, capsules, eye-drops and dry syrups at its plant located in Indore. BCPL's new unit is being set up at Pithampur in Madhya Pradesh at a project cost of Rs 39.75 cr and will manufacture bulk drugs like astemizole, cefaclor, pentazocine, cefazolin sodium and cefotoxime sodium. It is also setting up a R&D centre which will include a pilot plant for bulk drugs and separate sections for formulations development and will house modern analytical instruments. During the year 1999-2000, the company had achieved a turnover of Rs.1164.03 lakhs.