About Shriji Polymers
Shriji Polymers is a company based in Ujjain (India) founded in 2005 by Vishnu Jajoo and Anand Bangur. Shriji Polymers has raised $43.3 million across 3 funding rounds from investors including Beta Team, Tata Capital and HBM Healthcare Investments. The company has 365 employees as of November 30, 2023. Shriji Polymers has completed 1 acquisition, including Parekhplast. Shriji Polymers offers products and services including Ophthalmic Bottles, Infusion Bags, PP Vials, HDPE Bottles, and Closure Systems. Shriji Polymers operates in a competitive market with competitors including Ideal Cures, Legacy Pharma Solutions, Sanner, Eulysis and SCHOTT Poonawalla, among others.
- Headquarter Ujjain, India
- Employees 365 as on 30 Nov, 2023
- Founders Vishnu Jajoo, Anand Bangur
- Stage Minicorn
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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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Annual Revenue
$94.29 M (USD)38as on Mar 31, 2024
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Net Profit
$9.78 M (USD)43as on Mar 31, 2024
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EBITDA
$24.83 M (USD)29as on Mar 31, 2024
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Total Equity Funding
$43.3 M (USD)
in 3 rounds
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Latest Funding Round
$34.15 M (USD), Series B
Aug 31, 2020
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Investors
Beta Team
& 4 more
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Employee Count
365
as on Nov 30, 2023
- Investments & Acquisitions
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Products & Services of Shriji Polymers
Shriji Polymers offers a comprehensive portfolio of products and services, including Ophthalmic Bottles, Infusion Bags, PP Vials, HDPE Bottles, and Closure Systems.
Bottles for ophthalmic drugs ensuring precision and safety.
Bags for infusion solutions providing protection and durability.
Vials for pharmaceuticals offering secure storage and compliance.
Bottles for chemicals and lubricants ensuring leak-proof containment.
Closures for pharma products with desiccant options for integrity.
People of Shriji Polymers
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Funding Insights of Shriji Polymers
Shriji Polymers has successfully raised a total of $43.3M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $34.15 million completed in August 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Shriji Polymers
Shriji Polymers has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Beta Team, Tata Capital and HBM Healthcare Investments.
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Life sciences focused VC firm funding companies in the US and Europe
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Private equity fund investing in healthcare and lifesciences in India.
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Investment firm focusing on partnerships in consumer, healthcare, and business services across Southeast Asia and India.
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Investor details for Shriji Polymers
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Investments & Acquisitions by Shriji Polymers
Shriji Polymers has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Parekhplast.
Investment portfolio details for Shriji Polymers
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Rigid plastic packaging products are manufactured for various industries.
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Complete acquisition details for Shriji Polymers
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Financial Statements - Shriji Polymers
Detailed financials for Shriji Polymers
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Shriji Polymers Comparisons
Peer comparison for Shriji Polymers
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Competitors of Shriji Polymers
Shriji Polymers 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 Ideal Cures, Legacy Pharma Solutions, Sanner, Eulysis and SCHOTT Poonawalla, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Manufacturer of pharmaceutical excipients and coatings systems for solid oral dosage forms
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Contract pharmaceutical packaging company
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Plastic packaging solutions for pharmaceutical products are manufactured.
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Diabetes management and lifestyle modification services are provided.
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Packaging solutions for pharmaceutical and biotech industries are provided.
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Manufacturing and supply chain services for biopharma sector are provided.
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Detailed competitors of Shriji Polymers
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Latest news on Shriji Polymers
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Frequently Asked Questions about Shriji Polymers
Shriji Polymers was founded in 2005 and raised its 1st funding round 10 years after it was founded.
Shriji Polymers is headquartered in Ujjain, India. It is registered at Ujjain, Madhya Pradesh, India.
G K Girish is the current CEO of Shriji Polymers.
Shriji Polymers is a funded company, having raised a total of $43.3M across 3 funding rounds to date.
As of Nov 30, 2023, the latest employee count at Shriji Polymers is 365.
Annual revenue of Shriji Polymers is $94.29M as on Mar 31, 2024.
Shriji Polymers was founded in 2005 and is based in Ujjain, India. Manufacturing operations focus on pharmaceutical packaging products, such as plastic bottles and containers designed for pharmaceuticals, nutraceuticals, and healthcare sectors. Specialization occurs in HDPE, PP, and PET materials to support these industries. Leadership includes co-founders Vishnu Jajoo as MD and Anand Bangur as Chairman, alongside CEO G K Girish and Head of HR Samiksha Bangur.
Shriji Polymers's top competitors include Legacy Pharma Solutions, Natural Capsules and SCHOTT Poonawalla.
Shriji Polymers offers Ophthalmic Bottles, Infusion Bags, PP Vials, HDPE Bottles, and Closure Systems.
Shriji Polymers has made 1 acquisition, including Parekhplast.
Shriji Polymers has 5 investors. Key investors include Beta Team, Tata Capital, HBM Healthcare Investments, Creador, and Tata Capital Healthcare Fund.
The valuation of Shriji Polymers is $79.52M as of Oct 2015.