What is Pharmed Limited?

Pharmed Limited is one of India's oldest pharmaceutical companies, incorporated in 1946 in Mumbai, Maharashtra. The company has been engaged in pharmaceutical manufacturing and distribution for over 78 years. It operates under the CIN U24230MH1946PLC005121.

When was Pharmed Limited founded?

Pharmed Limited was incorporated in 1946 in Mumbai, making it one of the oldest pharmaceutical companies in India, with its origins predating Indian independence. It has been in the healthcare sector for over seven decades.

Is Pharmed Limited listed on any stock exchange?

No. Pharmed Limited is an unlisted company. Its shares are not traded on BSE or NSE and are available only through the unlisted grey market.

What does Pharmed Limited manufacture?

Pharmed Limited is engaged in pharmaceutical manufacturing and distribution. Based on its historical track record over 78 years, the company likely manufactures a range of allopathic pharmaceutical products including formulations for the domestic Indian market.

What is the CIN of Pharmed Limited?

The Corporate Identification Number (CIN) of Pharmed Limited is U24230MH1946PLC005121, registered in Maharashtra.

How do I buy Pharmed Limited unlisted shares here?

Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.

Who am I actually transacting with?

You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.

How do I pay, and is there a payment gateway?

Payment is by direct bank transfer to Prospire Network Private Limited's published account (CIN U82300UP2025PTC233622), shown to you in-app at the payment step. There is no card gateway and no escrow. Never pay to a personal account or to any account shared over phone, WhatsApp or email — even if the person claims to be from our team.

How long does settlement take?

After you accept an allocation, you have a short window to pay (typically 2 days). Once payment is verified, shares are usually credited to your demat within 2–3 business days, subject to depository timelines and any company-level restrictions. Timeframes are typical, not guaranteed.

There are no separate platform fee lines and no GST on the transfer — the desk's margin is built into the buy/sell price you're quoted. The only statutory add-on on a purchase is stamp duty on the consideration, shown transparently in your cost breakdown.

Is there a minimum ticket size for Pharmed Limited?

Minimums vary by company and depend on the lot the desk can source. Raise an enquiry and the desk will confirm the available quantity and the minimum for that name.

What KYC do I need, and do I need a demat account?

You'll share your demat details when you enquire so we can settle directly. Full KYC — PAN and a client-master / demat statement — is required before the transfer step, when shares actually change hands. Yes, you need an active demat account to hold unlisted shares.

Are there lock-ins on unlisted or pre-IPO shares?

Some shares carry statutory or company-imposed lock-ins — for example, a post-listing lock-in on pre-IPO stock — and transfers can be subject to the company's articles or approvals. Where a lock-in applies, we'll flag it before you commit.

How do I sell Pharmed Limited shares I already hold?

Raise a sell enquiry with the company, quantity and your target price. The desk confirms a buying price, you transfer your shares into the desk's demat, and once the credit is verified we pay you out by bank transfer to your registered account. The desk never pays out before your shares are received.

Unlisted shares are illiquid, may be hard or impossible to sell, and are not covered by exchange settlement guarantees or investor-protection funds. Pricing is indicative, not live. Read the full Risk Disclosure before you enquire, and invest only what you can afford to lock away.

Pharmed Limited Unlisted Share Price | Buy Pharmed Limited Pre-IPO Shares — wisefolio

Investment Thesis

Pharmed Limited is one of India's oldest pharmaceutical companies with over 78 years of continuous operation since 1946. Its long history in Mumbai's pharmaceutical ecosystem is a significant positive, suggesting established relationships and regulatory approvals. However, the complete absence of a public website, investor disclosures, or financial data makes it impossible to assess whether the company is actively capitalising on its legacy or operating at a diminished scale. At INR 700 per share, any investment in Pharmed requires direct engagement with the company's management for thorough due diligence.

Pros

78+ years of pharmaceutical heritage since 1946; 1,541 employees (Mar 2025) — substantial workforce for an unlisted pharma company.
Diversified therapy coverage: women's health, pediatric, joint/bone/tendon, pain, cardio-diabetic, ENT, urogenital, metabolic, immune/nutrition health.
Revenue growth +21.22% (FY23) — recovering momentum; Mumbai (Maharashtra) HQ in India's pharmaceutical capital.

Cons

Authorized ₹90 Lakh; paid-up ₹86.12 Lakh — unusually small capital base relative to 1,541 employees; complex ownership likely.
Unlisted (U-prefix) — no secondary market; no ISIN confirmed.
Pharma distribution/marketing is highly competitive; large MNCs and domestic players dominate branded generics market.
No promoter, website, or recent revenue data publicly confirmed.

Business Segments

Pharmaceutical Manufacturing & Distribution

Manufacturing and marketing of pharmaceutical formulations across women's health, pediatric, orthopaedic/joint, pain, cardio-diabetic, ENT, urogenital, metabolic, and general health therapy areas.

Revenue Model

Pharmed Limited generates revenue through the manufacture and sale of pharmaceutical formulations to distributors, stockists, hospitals, and retail pharmacies across India. As an established legacy pharmaceutical company, it may also generate distribution margin income from third-party pharmaceutical products handled through its distribution network.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds12

Growth Plans

India's growing pharmaceutical market and ageing population driving sustained demand for established pharma brands

Potential value unlock through strategic sale or merger with a larger pharmaceutical group

Revival of export potential if manufacturing upgrades to meet international GMP standards are made

Brand recognition from 78+ years of operations providing a marketing advantage in domestic therapeutic segments

Industry Tailwinds

Recent Developments

Continued unlisted operations

Pharmed Limited continues to operate as an unlisted pharmaceutical company in Mumbai. No material corporate announcements, financial results, or strategic developments have been publicly reported. The company maintains its long-standing presence in Indian pharmaceutical manufacturing.

2024-01

Comparable Companies

CompanyTypeTickerMkt Cap

Cipla LimitedListedCIPLA~₹95,000 Cr

Pfizer Limited (India)ListedPFIZER~₹20,000 Cr

Abbott India LimitedListedABBOTINDIA~₹40,000 Cr

Cipla LimitedListed

CIPLA · ~₹95,000 Cr

Frequently Asked Questions

About Pharmed Limited

Pharmed Limited is one of India's oldest pharmaceutical companies, incorporated in 1946 — making it a pre-independence era business with over 78 years of operating history. With CIN U24230MH1946PLC005121, the company is registered at Office No. 21, Second Floor, Badheka Chambers, Manohardas Street, Fort, Mumbai — one of Mumbai's historic commercial districts near the original business hub of the city. The company is classified under the manufacture of pharmaceuticals, medicinal chemicals and botanical products (NIC code), reflecting a broad pharmaceutical manufacturing mandate. Operating revenue for FY2024 is in the range of ₹100 Crore to ₹500 Crore, indicating a substantial mid-market pharmaceutical enterprise. Pharmed Limited has demonstrated strong financial performance in FY2024, with EBITDA growing 76.1% over the prior year and book networth increasing 20.79% — exceptional metrics for a company of its vintage. This suggests either a business turnaround, capacity expansion benefits flowing through, or improved pricing in its pharmaceutical product categories. The company's board reflects its establishment-era heritage with directors including Satyanarayan Agarwal, Yogesh Saran Aurora, Roop Krishen Khar, Kashmiri Lal Kapoor, Krishnamurthy Venkataramani, Noshir Burjor Shroff, Krishan Kumar Aurora, Jagadish Chinnappa, and Suneet Aurora. The Aurora family (multiple Aurora directors) appears to be the primary promoter family. Established in 1946, Pharmed Limited represents one of India's earliest pharmaceutical manufacturers — predating the country's own independence. Such companies have deep institutional knowledge, established distribution networks, and often hold valuable proprietary formulations built over decades. The company's last AGM was held on 10 September 2025, confirming active governance. Pharmed Limited's location in Fort, Mumbai — India's traditional pharmaceutical and trading hub — provides access to domestic and export market channels.

Key Milestones

Incorporated December 10, 1946 in Mumbai, Maharashtra (CIN: U24230MH1946PLC005121) — 78+ years old

Common questions about unlisted shares

How do I buy Pharmed Limited unlisted shares here?
Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.
Who am I actually transacting with?
You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.
How do I pay, and is there a payment gateway?

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