About Shilpa Medicare
Shilpa Medicare is a company based in Raichur (India) founded in 1987.. The company has 898 employees as of March 31, 2024. Shilpa Medicare has completed 3 acquisitions, including FTF Pharma, NU Therapeutics and NU Therapeutics. Shilpa Medicare offers products and services including Active Pharmaceutical Ingredients (API) and Formulations.
- Headquarter Raichur, India
- Employees 898 as on 31 Mar, 2024
- Stage Public
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Shilpa Medicare Limited
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Annual Revenue
$150.41 M (USD)11.64as on Mar 31, 2025
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Net Profit
$9.16 M (USD)145.63as on Mar 31, 2025
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EBITDA
$36.05 M (USD)29.55as on Mar 31, 2025
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Latest Funding Round
$59.89 M (USD), Post-IPO
Apr 13, 2024
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Investors
SBI Life Insurance
& 6 more
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Employee Count
898
as on Mar 31, 2024
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Investments & Acquisitions
FTF Pharma
& 2 more
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IPO & Listings of Shilpa Medicare
Shilpa Medicare is a publicly listed company on the NSE with ticker symbol SHILPAMED in India, operating in the Health technology 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.
Products & Services of Shilpa Medicare
Shilpa Medicare offers a comprehensive portfolio of products and services, including Active Pharmaceutical Ingredients (API) and Formulations. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
APIs are manufactured for various therapeutic areas, including oncology and peptides, to provide cost-effective solutions
Formulations are developed for treatments in oncology and other indications, adhering to global quality standards
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Funding Insights of Shilpa Medicare
- Total Funding Total Funding
- Total Rounds 7
- Last Round Post-IPO — $59.9M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Post-IPO - Shilpa Medicare | Valuation |
investors |
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| Dec, 2016 | Amount | Post-IPO - Shilpa Medicare | Valuation |
investors |
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| Apr, 2014 | Amount | Post-IPO - Shilpa Medicare | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Shilpa Medicare
Shilpa Medicare has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include SBI Life Insurance, ICICI Prudential Asset Management Company and Bandhan Mutual Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Multiple sectors are invested in by private equity firm TA.
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Founded Year | Domain | Location | |
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Private equity firm focusing on buyouts and investments in multiple sectors
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Founded Year | Domain | Location | |
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Private equity advisory services are provided for growth-oriented companies, focusing on India and other regions.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Shilpa Medicare
Shilpa Medicare has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include FTF Pharma, NU Therapeutics and NU Therapeutics. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Developer and manufacturer of tablets, capsules, oral liquid, topical and sterile products
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2012 | ||||
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Oral fast-dissolving thin strips are developed for drug delivery.
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2010 | ||||
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Developer and manufacturer of oral strip drug delivery system
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2004 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Shilpa Medicare
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Shilpa Medicare Comparisons
Competitors of Shilpa Medicare
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Shilpa Medicare
Frequently Asked Questions about Shilpa Medicare
When was Shilpa Medicare founded?
Shilpa Medicare was founded in 1987 and raised its 1st funding round 18 years after it was founded.
Where is Shilpa Medicare located?
Shilpa Medicare is headquartered in Raichur, India. It is registered at Raichur, Karnataka, India.
Who is the current CEO of Shilpa Medicare?
Adam Levitt is the current CEO of Shilpa Medicare.
How many employees does Shilpa Medicare have?
As of Mar 31, 2024, the latest employee count at Shilpa Medicare is 898.
What is the annual revenue of Shilpa Medicare?
Annual revenue of Shilpa Medicare is $150.41M as on Mar 31, 2025.
What does Shilpa Medicare do?
Shilpa Medicare was established in 1987 in Raichur, India, within the pharmaceutical sector. Production of active pharmaceutical ingredients, fine chemicals, intermediates, herbal products, specialty chemicals, and finished formulations is carried out across eight facilities, with seven located in India. Contract services for API and formulation manufacturing, along with development of new drug delivery systems and biopharmaceuticals, are provided. Facilities have received approvals from US-FDA, EDQM, and KFDA.
What products or services does Shilpa Medicare offer?
Shilpa Medicare offers Active Pharmaceutical Ingredients (API) and Formulations.
Is Shilpa Medicare publicly traded?
Yes, Shilpa Medicare is publicly traded on NSE under the ticker symbol SHILPAMED.
How many acquisitions has Shilpa Medicare made?
Shilpa Medicare has made 3 acquisitions, including FTF Pharma, NU Therapeutics, and NU Therapeutics.
Who are Shilpa Medicare's investors?
Shilpa Medicare has 7 investors. Key investors include SBI Life Insurance, ICICI Prudential Asset Management Company, Bandhan Mutual Fund, Baring Private Equity Partners, and Frontline Strategy.
What is Shilpa Medicare's ticker symbol?
The ticker symbol of Shilpa Medicare is SHILPAMED on NSE.