Finar

Ahmedabad, India Founded: 1998 • Age: 28 yrs Acquired By Aceto
Manufacturer of excipients, solvents, lab chemicals, food additives, and other fine chemicals
Annual revenue $39.9M Latest available
Total funding - Funding intelligence
Employees 238 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Finar

Data last updated:

Finar is a company based in Ahmedabad (India) founded in 1998 was acquired by Aceto in May 2021. The company has 238 employees as of April 02, 2024. Finar operates in a competitive market with competitors including Colorcon, Pfanstiehl, SPI Pharma, Scope Ingredients and Meggle Pharma, among others.

  • Headquarter Ahmedabad, India
  • Employees 238 as on 02 Apr, 2024
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name Finar Limited
  • Date of Incorporation 02 Sep, 1998
  • Jurisdiction Ahmedabad, Gujarat, India
Operational Areas
Healthcare β†’ Healthcare Services & Infrastructure → Unlock Sub-Sector → Unlock Segment
Key Metrics
  • Annual Revenue
    $39.86 M (USD)
    16.05
    as on Mar 31, 2023
  • Net Profit
    $7.55 M (USD)
    94.91
    as on Mar 31, 2023
  • EBITDA
    $10.76 M (USD)
    84.68
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    238

    as on Apr 02, 2024

  • Acquired by
    Aceto

    (May 17, 2021)

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People of Finar

Headcount 200-500
Employee Profiles 18
Employee Profiles
People
Arpit Butala
Chief Financial Officer
People
Prantik Mukhopadhyay
Business Director
People
Darshan Sampat
Accounts Executive
People
Velma. Sanjay Salvi.
Manager-order Management And Customer Service-india

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Funding Insights of Finar

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Detailed funding history for Finar

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Investors in Finar

Finar has secured backing from 1 investor. Prominent investors backing the company include Aceto.

All
InvestorDescriptionFounded YearDomainLocation
APIs, intermediates, formulations, and chemicals are manufactured and distributed.
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Investor details for Finar

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Investments & Acquisitions by Finar

Investments
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Investment portfolio details for Finar

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Financial Statements - Finar

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Detailed financials for Finar

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Finar Comparisons

Finar Primary company
Description
Manufacturer of excipients, solvents, lab chemicals, food ad...
Location
Ahmedabad, India
Founded Year
1998
Annual Revenue
$39.86 M (USD)
Net Profit
$7.55 M (USD)
EBITDA
$10.76 M (USD)
Employees
238
As of 2024
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Peer comparison for Finar

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Competitors of Finar

Finar 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 Colorcon, Pfanstiehl, SPI Pharma, Scope Ingredients and Meggle Pharma, among others.

Company NameDomainFounded yearHQ LocationDescription
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Developer of specialty excipients and corporate-backed venture capital fund focused on healthcare startups
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APIs, injectable excipients, and bioprocessing solutions are manufactured.
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Excipient products and formulations are manufactured for pharmaceutical uses.
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Formulations, warehousing, and logistics services for pharmaceuticals are provided.
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Develops and manufactures pharmaceutical excipients for the industry.
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Supplies excipients, coatings, and technical services for health sciences worldwide.
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Detailed competitors of Finar

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Latest news on Finar

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Complete news archive for Finar

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Frequently Asked Questions about Finar

Finar was founded in 1998.

Finar is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

As of Apr 02, 2024, the latest employee count at Finar is 238.

Annual revenue of Finar is $39.86M as on Mar 31, 2023.

Finar is engaged in the manufacturing of lab chemicals, excipients, solvents, food additives, and others and also offers related services which include CoA and MSDS reports. Their products find applications in industries such as pharma, foods, refinery, chemicals, automobiles, and electronics. Their FDA approved facility has capabilities for the manufacturing of USPBPJP and IP grade products and they specialize in manufacturing high-end pharmaceutical excipients. They have filed DMFs for select products with the US FDA. Their excipients can be used for formulating solid, semi-solid and injectable dosage forms and also for transdermal patches.

Finar's top competitors include Colorcon, DFE Pharma and Crest Cellulose.

Finar has 1 investor. Key investors include Aceto.

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