- CEO
- B.C Balagangadhara
- Full Time Employees
- 12
- Sector
- Health technology
- Industry
- Pharmaceuticals: major
- Address
- Brigade Rubix Bangalore KA India 560013
- IPO Date
- Apr 27, 1994
- Business
- Pharmaids Pharmaceuticals Limited (PHARMAID.BO) manufactures and supplies specialty chemicals, skin care products, hospital care disinfectants, and generic pharmaceuticals; provides contract research and manufacturing services (CRAMS) to the pharma, biotech, agro, and chemical industries; and develops active pharmaceutical ingredients (APIs), pharmaceutical intermediates, and niche products for nutraceutical and veterinary applications. Its specialty chemicals portfolio includes retinol, DL alpha tocopherol, D-pantothenate, cyanocobalamin, pyridoxine HCl, thiamine, nicotinic acid, water-soluble vitamin E, coenzyme Q10, and D-biotin; skin care offerings feature Best Care Hands, hand sanitizers, moisturizing creams, Skinsure Plus, SkinSure Ultra, alcohol gels, and barrier creams; hospital care products encompass Xepi Rub M, Facein Spray, sod hypochlorite, Sanmedin, Strumen G, Strumen Triacid, Facein Eco, Facein Power 256, wipes, and PPE; while generics include Linzomust, Benfoshine, and Duojoint. The company operates primarily in India, targeting domestic and international markets in the pharmaceutical preparations industry with segments in bulk drugs, intermediates, and personal care.
Incorporated in 1989 and headquartered in Bengaluru, Karnataka, the company maintains a workforce of approximately 25 employees and conducts operations from its registered office at Brigade Rubix, Peenya Plantation. In January 2024, Pharmaids approved the acquisition of up to 99.94% equity shares in Adita Bio Sys Private Limited via share swap, involving issuance of up to 2,722,258 equity shares on a preferential basis to enhance capabilities in GLP developmental services, drug discovery, laboratory animals, and animal diets, aligning with strategic growth objectives. More recently, in 2025, the company extended a loan of up to INR 60 million to its subsidiary Anugraha Chemicals and launched a mandatory open offer to public shareholders, reflecting ongoing consolidation and financial support for subsidiaries amid robust sales growth, with consolidated net sales reaching Rs 8.61 crore in September 2025, up 64.24% year-over-year.