BAL PHARMA Share price

Bal Pharma Ltd. (BPHL) was originally incorporated as aprivate limited company on the 19th May 1987. BPHL on22nd Mar 1990 took over a pharmaceutical productsmanufacturing unit located at 21-22 Bommasandra Industrialarea Bangalore District. The unit was taken over throughKarnataka State Finance Corporation for a consideration ofRs.25.18 lacs. After take over BPHL commenced theactivity of manufacture of formulations at the above plantfrom Sep 1991. The constitution of the company has beenconverted into a public limited company on 25.7.1994. Freshcertificate of incorporation has been obtained on 9th Aug1994.Main objects.The Main objects of the Company set out in the Memorandumof Association of the Company are:1. To Carry on the business of analytical chemistsdruggists drysalters and manufacturers importersrepackers of and dealers in pharmaceutical medicinalchemical biological and biochemical and electrolyticdrugs chemicals ingredients products and compounds.2. To manufacture prepare import export buy sellsupply and distribute store stock maintain andotherwise handle. deal in and carry on business of allkinds and varieties of patent medicines drugs mixturestablets capsules pills powders pharmaceuticalschemicals medicals and medicinal products preparationsand materials sterilised injections vaccines seraimmunogens phylacogens and surgical dressings.3. To purchase produce manufacture grow raise sell orotherwise handle raw materials of all kinds for manufactureof pharmaceuticals medicines and drugs.Present business of the company.BPHL is engaged in the manufacture of Pharmaceuticalformulations viz Paracetamol Aluminium Hydroxide PovidoneIodine Alprazolam Gliclazide GriseofulvinLactobacillus Rifampicin Piroxicam and Amoxycillin etc.INFRASTRUCTURE AVAILABLEThe production facilities for pharmaceutical formulationsare set up at 21-22 Bommasandra Industrial areaBangalore. The factory is located at a distance of 20 KMsfrom Bangalore.It has facilities for manufacture of tablets capsulesliquids and ointments. The equipments installed for themanufacture of above products are as under.(a) The tabletting plant is equipped with planetary mixerstray and fluid bed dryers rotary compression machines andblister packing machines.(b) The capsule manufacturing plant is equipped withsifters multimills blenders hand filling machinessemi-automatic filling machines and capsule polishingmachines.(c) The ointment manufacturing plant is equipped with aplanetory mixer and an automatic tube filling machine.(d) The equipments in the oral liquid area includehomogenizer colloidal mill filter process rotary bottlewashing machine and automatic labelling machine.(e) The plant is equipped with standard measuring devicesair conditioners The facilities are modern and conform tothe latest ''Good manufacturing practices'' (GMP). Thecompany holds a valid GMP certificate. The GMP certifiesthat the company has the required technical personnelquality management system premises & equipmentsdocumentation quality control and inspection facilitiesfor manufacture of quality products as per specifications.The existing infrastructure would enable the company toproduce the following products at 100% capacityutilisation.Tablets 250 Million Nos p.a.Capsules 90 Million Nos p.a.Liquids 750 Kilo Litres p.aOintments 75 Metric Tonnes p.a.The unit is equipped with facilities for quality testing ofthe company''s products.