Medico Remedies Limited Thane, Maharashtra

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Established in 1994, "Medico Remedies Ltd." is counted as a trusted manufacturer, supplier & exporter of wide range of pharmaceutical Drugs. Empowered with WHO-GMP certification and ISO 9001-2008 certification, the company is engaged in offering high end pharmaceutical products to clients worldwide. We have been earning accolades for the high grade standards and prompt relieving action of our pharmaceutical drugs. The entire range is hygienically processed, neatly packed and timely delivered at desired clients’ destination. We have two independent WHO-GMP approved manufacturing units, one for General Formulations and the other for Beta-Lactam Formulations.

 

With the able guidance of Mr. Haresh Mehta, (Director) our company has scaled the pinnacle of success. Owing to constant guidance, motivation and far-sightedness, we have become a prestigious name in the concerned industry. The staff of the company looks up to Mr. Mehta due to his rich industrial knowledge and vast domain experience. His more than 35 years of experience in the industry is worth mentioning.

 

Our well-equipped and capacious infrastructure at Palghar, India is the backbone of the organization. Segregated into different departments, this place is manned by well-qualified and competent personnel. These personnel ensure that they meet the targets of their respective departments in an efficient and prompt manner. Our R&D personnel toil round the clock to make new and effective formulations for people across the globe. It’s due to their innovativeness and dexterity that we make an annual turnover of more than US $ 10 million. We are able to successfully market our products in countries like Uganda, Myanmar, Vietnam, Cambodia, Dominican Republic, Sri Lanka, Philippines, Turkmenistan, Ghana, Mauritius, Madagascar, Congo, Iraq, Honduras, Cuba, Jamaica, Hong Kong, Nigeria, Senegal, Panama, Mozambique to name a few.

Company Factsheet

Nature of Business: Exporter
Additional Business: Manufacturer
Company CEO: Harshit Mehta
Registered Address: 49, 50 - Juhu Supreme Shopping Center, Gulmohar Road No.9, Juhu, Andheri (W), Mumbai - 400 049
Industry: Pharmaceutical Industry
Total Number of Employees: 101 to 500 People
Year of Establishment: 1994
Standards & Quality Certifications: AGSI & DAC
Legal Status of Firm: Private Ltd. Co. Registered under Indian Companies Act 2013
Proprietor Name: Mr. Harshit Mehta
Annual Turnover: 2012-13 Rs. 25-50 Crore Approx.
2013-14 Rs. 25-50 Crore Approx.
2011-12 Rs. 10-25 Crore Approx.
Export Percentage: 100%
Location Type: URBAN
Building Infrastructure: Front Proch
Size of Premises: 25,000 square feet
No. of Research / QC Staff: 6 - 25 People
No. of Engineers and Technicians: 1 - 5 People
Provide after Sales Support:
  • Onsite Support
  • User Manual
Sampling Policy: Free
Primary Competitive Advantage:
  • Large Production Capacity
  • Experienced R & D Department
  • Good Financial Position & TQM
Contract Manufacturing: OEM Service Offered
Quality Measures / Testing Facilities: Yes
Tan No.: MUMM2*****
DGFT / IE Code: 0396051049
CIN No.: U24230MH1994PTC077187
GST No.: 27AABCM8349L1ZY
Customized Packaging: Yes
Estimated Time of Delivery: 3 to 10 Days
Payment Terms: L/C
Payment Mode:
  • LC
  • Cash
  • Cheque
Shipment Mode:
  • By Road
  • By Air

Board of Directors

Mr. Haresh Mehta, aged 62 years   Currently, Mr. Haresh Mehta is the Chairman & Chief Financial Officer of our Company. He is a founding member of our Company. He now looks after the Financial and Legal departments of our Company. He holds Bachelor’s Degree of Pharmacy from the University of Bombay and a diploma holder in Industrial Management from Xavier Institute of Management. He has approximately 40 years of experience pharmaceutical industry.   Mr. Harshit Mehta, aged 32 years Presently, Mr. Harshit Mehta is the Managing Director of our Company and is heading Marketing and Export departments of our Company. He holds Bachelor’s Degree of Pharmacy from the University of Mumbai and also holds Diploma in Family Business Management from S P Jain Institute, Mumbai. He has around 10 years of experience in pharmaceutical industry. Mrs. Rita Mehta, aged 56 years She is the Whole-time Director of our Company. She has completed Bachelor of Commerce from Mumbai University and she has around 17 years of experience in the pharmaceutical Industry. Prior to joining our Company, she has 2 years of experience in Banking Sector and was also lecturer in SNDT College. Currently, she heads the office administration department of our Company.  Mrs. Shweta Mehta, aged 32 years She is the Whole-time Director of our Company. She has completed Bachelor of Pharmacy from University of Mumbai and MBA – Pharmaceuticals Management from NMIMS University, Mumbai. She has around 9 years of experience in pharmaceutical Industry. Since her joining, she is pivotal in Regulatory (registration of products) department of our Company.    Mr. Rishit Mehta, aged 28 years   He is the Whole-time Director of our Company and looks after the Production (Technical) and Quality Control department of our Company. He holds Bachelor of Engineering, Chemical from University of Mumbai and Master’s Degree of Science from the Rutgers, the State University of New Jersey. He has around 5 years of experience in the pharmaceutical Industry.   Mr. Deepak Vekaria, aged 60 years Recently, Mr. Deepak Vekaria has been appointed as the Additional Non-Executive Independent Director of our Company. He is a fellow member of The Institute of Chartered Accountants of India. He is practising for last 33 years and has established a proprietorship concern named “Deepak Vekaria & Associates” since February 2005. Additionally, he also educates housewives about Capital Markets. In the past, he was on the panel of BSE Investigation & Surveillance Department; was a member of SEBI Resource Person and was a founding member of SEBI recognised Investor Protection and Education Fund. Mr. Ramesh Rughani, aged 66 years Recently, Mr. Ramesh Rughani has been appointed as the Additional Non-Executive Independent Director of our Company. He is a fellow member of The Institute of Chartered Accountants of India. Currently he is director of ‘Khyati Advisory Services Limited’ and ‘Sanpras Healthcare Private Limited’ and also designated Partner of ‘Nascent Global Impex LLP’. He has around 30 years of experience in export field.     Mr. Bharat Rathod, aged 57 years Recently, Mr. Bharat Rathod has been appointed as the Additional Non-Executive Independent Director of our Company. He has completed Diploma in Plastic Engineering from Board of Technical Examinations, Maharashtra State. He has around 35 years of experience as Plastic Engineer. Currently, sole proprietor of Startlite Industries engaged

Quality

To optimize our business efficiency and to offer impeccable range of pharmaceutical formulations, therapeutic and other formulations, ointments, injectable, branded and generic drugs; a stringent quality assurance program is implemented in our unit. Each product and formulation is thoroughly tested during different production stages like -procurement, production, packing and distribution. In our in-house quality control department, well equipped with the modern testing facilities, best and hygienic packaging of our products is ensured.

Departments for checking the quality of our products include:

Our Management

1. Audit Committee
Name of the Member Nature of Directorship Designation in Committee
Mr. Deepak Vekaria Additional Non-Executive Independent Director Chairman
Mr. Ramesh Rughani Additional Non-Executive Independent Director Member
Mr. Haresh Mehta Whole-time Director Member

2. Stakeholder’s Relationship Committee
Name of the Member Nature of Directorship Designation in Committee
Mr. Bharat Rathod Additional Non-Executive Independent Director Chairman
Mr. Harshit Mehta Managing Director Member
Mr. Rishit Mehta Whole-time Director Member

3. Nomination and Remuneration Committee
Name of the Member Nature of Directorship Designation in Committee
Mr. Ramesh Rughani Additional Non-Executive Independent Director Chairman
Mr. Deepak Vekaria Additional Non-Executive Independent Director Member
Mr. Bharat Rathod Additional Non-Executive Independent Director Member

Our Partners

Shareholding Pattern

WHO GMP Certificate

This certificate conforms to the format recommended by the World Health Organization.

Core Ideology

Core Values:     Core Purpose:      

Team & Manpower

We are blessed with a diligent and intellectual team of members. They execute operations in conformation with guidelines and specifications of CGMP, GMP and WHO. Our manufacturing plant is periodically inspected by international quality inspectors to ensure high standards of quality are maintained. Our employees work in harmony with one another to achieve desired results within fixed time frame.

ISO 9001:2008

ISO 9001:2008

R&D

At Medico Remedies, our expert medicos and pharmacists conduct extensive research on newer and more effective range of pharmaceutical formulations. The R&D program drives the company to formulate safer and effective range of branded and generic drugs, which are suitable for different medications. 

Continual focus is centered on developing newer methods to improve the manufacturing quality and time. Furthermore, our approach has been incremental: from developing simpler dosage forms to novel drug delivery systems and complex bulk actives. Amongst these, highest priority area is on developing novel drug delivery systems that will be within the reach of all our patients.

ISO Certification

ISO Certified 9001 : 2008

Certificate of Registration

Government Recognized Star Export House.

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    Harshit Mehta

    (Director)

    Medico Remedies Limited

    Palghar, Thane, Maharashtra, India

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