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Issue Date:14 November 2017     Price in Rs. R 6500    Price in USD. $ 100
    

Hyderabad registered Virupaksha Organics Limited (VOL) is a manufacturer of chemcials and active pharmaceutical ingredients (APIs) for the pharmaceuticals sector.

 

VOL manufactures APIs and intermediates at its manufacturing facilities in Kazipalli and Pashamylaram in Hyderabad for both domestic and international markets. The company is one of the largest producers of fluconazole, fexofenadine and intermediates in the domestic market. In December 2013, one of its facilities was approved by the USFDA, thus increasing its growth prospects and providing access to regulated markets.

 

The private limited company was incorporated in 1997. It has 5 directors –Chandra Mouliswar Reddy Gangavaram, Ravinder Reddy Devireddy,  Chandrasekhar Reddy Gangavaram, Vedavathi Devireddy and Mamilla Bala Subba Reddy.

 

For the year ended Mar’16, the company reported standalone revenue of INR 2.23m (~USD 35m), with an EBITDA margin of around 9%.

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