India's Richest People 2026 edition · Source: Hurun India
Rank#872- Wealth
- ₹3,400 Cr
- Company
- IOL Chemicals And Pharmaceuticals
Current companies 6 active board seats
Past companies 5 historical roles
Total affiliations 11 Since Nov 1986
Shareholding value •••• Premium profile
About Varinder Gupta
Data last updated:
Varinder Gupta is a Managing Director at Iol Chemicals And Pharmaceuticals Limited (since 1986), Director at Mayadevi Polycot Limited (since 1997) and Director at Nm Merchantiles Limited (since 2008), and holds 3 more current directorships. The companies operate in Pharma, Agriculture and Non-Profit Organizations. The 4 current companies with reported revenue have a combined latest revenue of ₹2,202 Cr; the largest is Iol Chemicals And Pharmaceuticals Limited at ₹2,102 Cr (FY 2025). Earlier, Varinder Gupta was a Director at Trident Towels Limited (2006–2012) and Director at G Drugs And Pharmaceuticals Limited (from 1997) and 3 more.
Varinder Gupta and family are #872 among India's richest people (2026), with wealth of ₹3,400 Cr.
DIN 00044068
Primary Designation Managing Director
Industry Pharma
First Appointment 13 Nov 1986
Oldest Company Age 40 yrs
Largest company Iol Chemicals And Pharmaceuticals Limited · ₹2,102 Cr (FY 2025)
Combined revenue ₹2,202 Cr across 4 companies
Recognitions & Rankings
Current companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
 Iol Chemicals And Pharmaceuticals Limited L24116PB1986PLC007030 | Managing Director | 13 Nov 1986 | 1986 | ₹2,102 Cr (FY 2025) | Active |
 Mayadevi Polycot Limited U25200PB1997PLC019602 | Director | 18 Mar 1997 | 1997 | ₹62.24 Cr (FY 2025) | Active |
| Nm Merchantiles Limited U51900PB2008PLC031571 | Director | 08 Jan 2008 | 2008 | ₹36.70 Cr (FY 2026) | Active |
| Iol-Foundation U85300PB2022NPL055428 | Director | 15 Mar 2022 | 2022 | ₹1.56 Cr (FY 2025) | Active |
| Iol Speciality Chemicals Limited U24290PB2022PLC056275 | Director | 23 Jun 2022 | 2022 | Active | |
| Iol Life Sciences Limited U24299PB2022PLC056233 | Director | 20 Jun 2022 | 2022 | Under Process Of Striking Off |
Previous companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
 Trident Towels Limited U17100PB2005PLC028372 | Director | 06 May 2006 | 2005 | ₹23.3 Lakh (FY 2025) | Under Process Of Striking Off |
| G Drugs And Pharmaceuticals Limited U24239PB1997PLC020581 | Director | 09 Oct 1997 | 1997 | Amalgamated | |
| Bhudeva Lifesciences Limited U24232PB2008PLC031570 | Director | 31 Dec 2018 | 2008 | ₹1.76 Cr (FY 2022) | Amalgamated |
| Ncg Enterprises Limited U51900PB2008PLC031581 | Director | 11 Jan 2008 | 2008 | ₹1.97 Cr (FY 2022) | Amalgamated |
| Reliex Mercantile Limited U51909PB2018PLC048449 | Director | 28 Sep 2018 | 2018 | Strike Off |
Explore Director's current and past company associations Uncover their professional journey today!
Board colleagues of Varinder Gupta
| Name | DIN | Company | Designation |
|---|---|---|---|
| Abhay Raj Singh | Iol Chemicals And Pharmaceuticals Limited | Company Secretary | |
| Abhiraj Gupta | 08204917 | Iol Chemicals And Pharmaceuticals Limited , Iol-Foundation and 2 more | Whole-Time Director |
| Harpal Singh | 06658043 | Iol Chemicals And Pharmaceuticals Limited | Director |
| Kushal Kumar Rana | 09189020 | Iol Chemicals And Pharmaceuticals Limited | Whole-Time Director |
| Pardeep Kumar Khanna | Iol Chemicals And Pharmaceuticals Limited | Cfo | |
| Rajender Mohan Malla | 00136657 | Iol Chemicals And Pharmaceuticals Limited | Director |
| Rajni Jha | 10818947 | Iol Chemicals And Pharmaceuticals Limited | Director |
| Sharad Tyagi | 00371842 | Iol Chemicals And Pharmaceuticals Limited | Director |
| Vikas Gupta | 07198109 | Iol Chemicals And Pharmaceuticals Limited , Mayadevi Polycot Limited and 4 more | Whole-Time Director |
| Dimple Gupta | 00018904 | Mayadevi Polycot Limited , Nm Merchantiles Limited | Whole-Time Director |
Directorship timeline
Open interactive timeline →Iol Chemicals And Pharmaceuticals Limited
G Drugs And Pharmaceuticals Limited
Mayadevi Polycot Limited
Bhudeva Lifesciences Limited
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Shareholding and investment profile for Varinder Gupta
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Frequently Asked Questions about Varinder Gupta
Varinder Gupta currently holds 6 directorships: Iol Chemicals And Pharmaceuticals Limited (Managing Director, since 13 Nov 1986, revenue ₹2,102 Cr (FY 2025)); Mayadevi Polycot Limited (Director, since 18 Mar 1997, revenue ₹62.24 Cr (FY 2025)); Nm Merchantiles Limited (Director, since 08 Jan 2008, revenue ₹36.70 Cr (FY 2026)); Iol-Foundation (Director, since 15 Mar 2022, revenue ₹1.56 Cr (FY 2025)); Iol Speciality Chemicals Limited (Director, since 23 Jun 2022); and 1 more.
Varinder Gupta was first appointed on 13 Nov 1986 as Managing Director at Iol Chemicals And Pharmaceuticals Limited. The most recent appointment on record is 23 Jun 2022 at Iol Speciality Chemicals Limited.
The 4 current companies of Varinder Gupta that report revenue have a combined latest revenue of ₹2,202 Cr: Iol Chemicals And Pharmaceuticals Limited ₹2,102 Cr (FY 2025); Mayadevi Polycot Limited ₹62.24 Cr (FY 2025); Nm Merchantiles Limited ₹36.70 Cr (FY 2026); Iol-Foundation ₹1.56 Cr (FY 2025).
Varinder Gupta held 5 earlier board appointments: Trident Towels Limited (Director, 06 May 2006 to 16 Aug 2012); G Drugs And Pharmaceuticals Limited (Director, from 09 Oct 1997); Bhudeva Lifesciences Limited (Director, from 31 Dec 2018); Ncg Enterprises Limited (Director, from 11 Jan 2008); Reliex Mercantile Limited (Director, from 28 Sep 2018).
The current boards of Varinder Gupta's companies include Abhay Raj Singh (Iol Chemicals And Pharmaceuticals Limited), Abhiraj Gupta (Iol Chemicals And Pharmaceuticals Limited), Harpal Singh (Iol Chemicals And Pharmaceuticals Limited), Kushal Kumar Rana (Iol Chemicals And Pharmaceuticals Limited), Pardeep Kumar Khanna (Iol Chemicals And Pharmaceuticals Limited), Rajender Mohan Malla (Iol Chemicals And Pharmaceuticals Limited), among others.