Bilcare

Pune, India Founded: 1993 • Age: 33 yrs Acquired By Lindsay Goldberg
Pharmaceutical packaging, clinical supplies, and anti-counterfeiting solutions are provided.
Annual revenue $91.8M Latest available
Total funding - 2 rounds
Employees 78 Tracked headcount
Investors 3 Known backers
Products 5 Services tracked
Competitors 9 Brand Intelligence

About Bilcare

Bilcare is a company based in Pune (India) founded in 1993 by Mohan Bhandari was acquired by Lindsay Goldberg in September 2019. The company has 78 employees as of March 31, 2024. Bilcare has completed 1 acquisition, including Singular ID. Bilcare offers products and services including Blister Films, Blister Foils, Lidding Foils, Aluminum Foils, and Polymer Films. Bilcare operates in a competitive market with competitors including Unither, Akums, Jubilant Life Sciences, Recipharm and CoreRx, among others.

  • Headquarter Pune, India
  • Employees 78 as on 31 Mar, 2024
  • Founders Mohan Bhandari
  • Stage Public
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Bilcare Ltd
Operational Areas
Healthcare → Healthcare Services & Infrastructure
Key Metrics
  • Annual Revenue
    $91.82 M (USD)
    5.36
    as on Mar 31, 2024
  • Net Profit
    -$3.36 M (USD)
    13.36
    as on Mar 31, 2024
  • EBITDA
    $5.21 M (USD)
    13.73
    as on Mar 31, 2024
  • Latest Funding Round
    $116.1 M (USD), Debt – Conventional

    Aug 27, 2014

  • Investors
    ISM Capital

    & 2 more

  • Employee Count
    78

    as on Mar 31, 2024

  • Investments & Acquisitions
  • Acquired by
    Lindsay Goldberg

    (Sep 04, 2019)

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IPO & Listings of Bilcare

Bilcare is a publicly listed company on the BSE with ticker symbol BI in India, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: BSE · Ticker: BI · Sector: Process industries · India

Products & Services of Bilcare

Bilcare offers a comprehensive portfolio of products and services, including Blister Films, Blister Foils, Lidding Foils, Aluminum Foils, and Polymer Films.

Primary

Materials for pharmaceutical blister packaging protection.

Foils used in drug packaging for barrier properties.

Sealing foils for pharmaceutical containers.

Foils providing protection against counterfeiting.

Films for innovative and sustainable packaging solutions.

People of Bilcare

Headcount 1000-5000
Employee Profiles 31
Board Members and Advisors 5
Employee Profiles
People
Vitthal Chitte
Executive - SCM (purchase / Materials)
People
Ashwini Gore
Quality Assurance And Quality Control
People
Laxmikant Nawale
Assistant Manager
People
Nilesh Kotkar
Sr Manager Qa- QMS

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Funding Insights of Bilcare

  • Total Funding
  • Total Rounds 2
  • Last Round Debt – Conventional — $116.1M
  • First Round

    (22 Feb 2010)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2014 Amount Debt – Conventional - Bilcare Valuation

investors

Feb, 2010 Amount Post-IPO - Bilcare Valuation

investors

Investors in Bilcare

Bilcare has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include ISM Capital, Proventus and Lindsay Goldberg.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
A family office is operated across Nordic and European regions.
Founded Year Domain Location
PE firm invests in the US
Founded Year Domain Location
Financial solutions are provided for the investment industry.
Founded Year Domain Location

Investments & Acquisitions by Bilcare

Bilcare has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Singular ID.

Investments
Acquisitions
Company Name Description Domain Location Founded Year Amount
Unique identification services are provided since 2004 in Singapore.
2004

Financial Statements - Bilcare

Bilcare Comparisons

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Competitors of Bilcare

Bilcare operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Unither, Akums, Jubilant Life Sciences, Recipharm and CoreRx, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Contract development and manufacturing organization for proprietary and generic drugs
domain founded_year HQ Location
CDMO focusing on spectrum of dosage forms and therapeutic segments
domain founded_year HQ Location
Company offering a suite of R&D and manufacturing services for small molecules and generics
domain founded_year HQ Location
Pharmaceutical development and manufacturing services are offered contractually.
domain founded_year HQ Location
CDMO with a focus on early phase drug product development
domain founded_year HQ Location
Cephalosporin APIs and generic formulations are manufactured.

Latest news on Bilcare

Frequently Asked Questions about Bilcare

Bilcare was founded in 1993 and raised its 1st funding round 17 years after it was founded.

Bilcare is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Mohan Bhandari is the current CEO of Bilcare. They have also founded this company.

As of Mar 31, 2024, the latest employee count at Bilcare is 78.

Annual revenue of Bilcare is $91.82M as on Mar 31, 2024.

Bilcare is a pharma packaging solutions provider. The company has 3 major divisions - Pharmaceutical Packaging International (PPI), Global Clinical Material Supplies (GCS) and non-clonable ID technologies. The PPI division offers packaging solutions mainly for solid dose packaging through specialty Polymer Films and Aluminum Foils. The GCS division offers clinical trial supply management services such as clinical supplies packaging and labelling, controlled-temperature (cold chain) CTM storage, worldwide distribution and returns and destructions accountability etc. The non-clonable ID technologies division offers track and trace, authentication and Anti-counterfeit (trademarked nCID technology - nonclonableID) solutions for product; people ID authentication and security. The company has 9 manufacturing facilities spread across Europe, US and Asia. Bilcares clientele includes Bristol-Myers Squibb, Dr. Reddys, GlaxoSmithKline, Johnson Johnson, Merck, Novartis, Pfizer, Ranbaxy, Sanofi-Aventis, and Teva, among others.

Bilcare's top competitors include Jubilant Life Sciences, Akums and Nectar Lifesciences.

Bilcare offers Blister Films, Blister Foils, Lidding Foils, Aluminum Foils, and Polymer Films.

Yes, Bilcare is publicly traded on BSE under the ticker symbol BI.

Bilcare has made 1 acquisition, including Singular ID.

Bilcare has 3 investors. Key investors include ISM Capital, Proventus, and Lindsay Goldberg.

The ticker symbol of Bilcare is BI on BSE.

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