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Company Name
IPCA Laboratories Ltd
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Postal Address
125, Kandivali Industrial Estate,
Kandivali (W),
Mumbai-400 067 -
Email
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Phone
022-66474747/022-66474444
PROFILE
Name | : | Premchand Godha |
Date of Birth | : | 8th January 1947 |
Age | : | 71 Years |
Qualifications | : | B.Com (Hons),A.C.A. |
Residential Address | : | 1701/02 Oberoi Sky Heights Lokhandwala Complex Andheri (W), Mumbai 400 053. |
Office Address | : | Chairman & Managing Director Ipca Laboratories Limited 125, Kandivli Industrial Estate Kandivli (West), Mumbai 400 067. |
Experience | : | A first generation entrepreneur having over 47 years of experience, including 43 years in the Phartiaceuticals industry. Initial 4 years practiced as a Chartered Accountant. |
Entrepreneurial background of- Mr.Premchand Godha
Mr. Premchand Godha hails from Village Zeerota (Rajasthan) and belongs to a farming family. After completing his
graduation in Commerce from Ajmer, Rajasthan in the year 1966, he came to Mumbai for doing Chartered Accountancy
course. He qualified as a Chartered Accountant in the year 1971 and started his CA practice.
Along with Mr. M. R. Chandurkar and Bachchans, he acquired Ipca Laboratories in the year 1975 when the turnover of
the Company was a meager Rs. 50 lacs, with a single formulations manufacturing unit at Mumbai.
Mr, Bachchan & family sold their shares in 1997 and Mr. M.R. Chandurkar retired as M.D in 2007. Now, Ipca is
managed by Mr. Godha as Chairman & Managing Director. Ipca manufactures Pharmaceutical formulations, bulk
drugs(API) and drug intermediates. The turnover for 2017-18 was Rs.3250 crores. It exports to over100 countries and
now exports constitutes 48% of total turnover. Ipca Group has around 20,000 employees.