Nichepharm

Gurugram, India Founded: 2019 • Age: 7 yrs
Injectable pharmaceuticals are developed and manufactured by Nichepharm.

About Nichepharm

Nichepharm is a Healthcare company based in Gurugram (India) founded in 2019. Injectable pharmaceuticals are developed and manufactured by Nichepharm. The company has 199 employees. Nichepharm has completed 1 acquisition, including Recipharm. Its Indian entity Nichepharm Lifesciences Private Limited reported revenue of β‚Ή217 Cr. Nichepharm offers products and services including Liquid Ampoules, Liquid Vials, Dry Powder Injection, Lyophilized Injection, and Pre-Filled Syringes. Its focus areas include Biopharma Outsourcing, CDMO and Small Molecules & Peptides. Its competitors include Indoco Remedies, Concord Biotech and BDR Pharmaceuticals Internationals; 1 of its 3 listed competitors has raised funding.

Company details

Nichepharm Lifesciences was founded in 2019 in Gurugram, India, as a contract development and manufacturing organization within the pharmaceutical sector. Injectable products, including liquid ampoules, vials, cartridges, and syringes, are produced in specialized units. Global clients are supported through these operations, which build on over 20 years of industry experience focused on quality standards.

Key Metrics
  • Annual Revenue
    ₹217 Cr

    FY 2024 · +70% YoY

  • Net Profit
    ₹47.77 Cr

    FY 2024 · 22% margin

  • EBITDA
    ₹67.09 Cr

    FY 2024 · 31% margin

  • Investors
  • Employee Count
    199
  • Investments & Acquisitions

Products & Services of Nichepharm

Nichepharm offers a comprehensive portfolio of products and services, including Liquid Ampoules, Liquid Vials, Dry Powder Injection, Lyophilized Injection, and Pre-Filled Syringes.

Liquid Ampoules
Injectables

Manufactures liquid ampoules for pharmaceutical formulations.

Liquid Vials
Injectables

Produces liquid vials for various therapeutic applications.

Dry Powder Injection
Injectables

Offers dry powder injections for antibiotics and other uses.

Lyophilized Injection
Injectables

Provides lyophilized injections for stable drug delivery.

Pre-Filled Syringes
Injectables

Manufactures pre-filled syringes for convenient administration.

Apps and channels of Nichepharm

its YouTube channel Nichepharm Lifesciences has 35 subscribers.

Nichepharm Lifesciences
YouTube 35 subscribers Science & Technology
Open channel

Funding Insights of Nichepharm

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of Nichepharm with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2024Seed––
Valuation history

1 investors in total: 1 institutional.

Investors in Nichepharm

Nichepharm has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Recipharm.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Pharmaceutical development and manufacturing services are offered contractually.
1995recipharm.comJordbro, Sweden
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Investor details for Nichepharm

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Board of directors of Nichepharm Lifesciences Private Limited (Nichepharm)

Nichepharm Lifesciences Private Limited is the primary company behind Nichepharm. The board of Nichepharm Lifesciences Private Limited currently have 2 directors; the longest-serving is Nitin Sobti, appointed in 2019. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Nitin Sobti
DIN 01988793
Director16 Oct 20197 yrsNichepharm Lifesciences Private Limited
Chetan Sobti
DIN 00906842
Director16 Oct 20197 yrsNichepharm Lifesciences Private Limited

Financials of Nichepharm

Figures of Nichepharm Lifesciences Private Limited, the primary company behind Nichepharm, for FY 2024. Revenue was ₹217 Cr (+70% year on year). Net profit was ₹47.77 Cr (22% margin). EBITDA was ₹67.09 Cr (31% margin). Revenue has grown at a compounded annual rate of +922% over three years.

  • ₹217 CrRevenue · FY 2024 · +70% YoY
  • ₹47.77 CrNet profit · 22% margin
  • ₹67.09 CrEBITDA · 31% margin
  • ₹5.97 CrPaid-up capital
  • 199Employees (provident fund records)
  • +922%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Nichepharm Lifesciences Private Limited are on its company page.

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Detailed financial statements for Nichepharm

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Investments & Acquisitions by Nichepharm

Nichepharm has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Recipharm.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Pharmaceutical development and manufacturing services are offered contractually.
recipharm.comJordbro, Sweden1995Jul 2024β€’β€’β€’β€’
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Complete acquisition details for Nichepharm

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Timeline of Nichepharm

3 dated milestones of Nichepharm across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Nichepharm is founded.
  2. Acquisition Acquires Recipharm.
  3. Funding First funding round.

Competitors of Nichepharm

Nichepharm has 3 listed competitors in our database, 1 of them funded. They include Indoco Remedies, Concord Biotech and BDR Pharmaceuticals Internationals.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
indoco.com1947Mumbai, India6,291
APIs manufacturing and formulation services are provided in therapeutic segments.
concordbiotech.com2000Ahmedabad, India1,598
APIs and enzymes are manufactured through fermentation by the CDMO.
bdrpharma.com2003Mumbai, India$88.16M1,864
APIs and finished products are developed and manufactured.
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Detailed competitors of Nichepharm

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Top companies in Biopharma Outsourcing & Drug Delivery

3 companies that operate in the same segment as Nichepharm (Biopharma Outsourcing & Drug Delivery) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Developer of integrated contract research development and manufacturing services
2007Bengaluru, Karnataka, IndiaUSD 35.74 MUSD 226.38 M2,062
Pharmaceutical and biotechnology company
2005Hyderabad, Telangana, IndiaUSD 229.73 MUSD 726.15 M548
India's leading healthcare products distribution platform
2018Mumbai, Maharashtra, IndiaUSD 59.67 MUSD 702.49 M557
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Related news about Nichepharm

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Complete news archive for Nichepharm

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Frequently Asked Questions about Nichepharm

Nichepharm was founded in 2019 and raised its 1st funding round 5 years after it was founded.

Nichepharm is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Nichepharm has 199 employees.

The primary company behind Nichepharm, Nichepharm Lifesciences Private Limited, reported revenue of β‚Ή217 Cr for FY 2024, up 70% year on year.

Nichepharm Lifesciences was founded in 2019 in Gurugram, India, as a contract development and manufacturing organization within the pharmaceutical sector. Injectable products, including liquid ampoules, vials, cartridges, and syringes, are produced in specialized units. Global clients are supported through these operations, which build on over 20 years of industry experience focused on quality standards.

Nichepharm's top competitors include Concord Biotech, BDR Pharmaceuticals Internationals and Indoco Remedies.

Nichepharm offers Liquid Ampoules, Liquid Vials, Dry Powder Injection, Lyophilized Injection, and Pre-Filled Syringes.

Nichepharm has made 1 acquisition, including Recipharm.

Nichepharm has 1 investor. Key investors include Recipharm.

Nichepharm operates through Nichepharm Lifesciences Private Limited.

The legal entities of Nichepharm currently have 2 directors, including Nitin Sobti, Chetan Sobti.

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