Neuland Laboratories Share Price

Neuland Labs.

CMP as on 01-Jul-22 16:00

₹ 1,185.55
5.95 0.5%

Open

₹ 1,185.45

Turnover (lac)

₹ 198

Prev. Close

₹ 1,179.60

Day's Vol (shares)

₹ 16,694

Day's Range (₹)

₹ 1,168.00
₹ 1,199.90

CMP as on01-Jul-22 16:01

₹ 1,187.80
9.6 0.81%

Open

₹ 1,198.60

Turnover (lac)

₹ 4

Prev. Close

₹ 1,178.20

Day's Vol (shares)

₹ 367

Day's Range

₹ 1,170.05
₹ 1,198.60

Set up in 1984 as a private limited company to manufacture bulk drugs, Neuland Laboratories (NLL) is promoted by D R Rao. Neuland Drugs & Pharmaceuticals Pvt Ltd, a company set up by the same promoters to manufacture bulk drugs was merged with NLL with effect from Apr.92. NLL manufactures bulk drugs such as salbutamol sulphate, terbutaline sulphate, labetalol hydrochloride and ciprofloxacin. It came out with its initial public offering in Apr.94 at a premium of Rs 35 aggregating Rs 5.69 cr, to part-finance the capacity expansion to manufacture bulk drugs and to diversify its product-mix. The cost of the project as estimated by ICICI was Rs 15.7 cr.NLLs products are exported to more than 35 countries including Germany, Italy, Switzerland, the UK and the Netherlands. The company is also negotiating with multinational companies for tying up supplies of Ranitidine Hydrochloride Form I and Salbutamol Sulphate.During the year 1999-2000, the company introduced Itraconazole, an anti-fungal drug and Ipratropium Bromide, an anti-asthmatic drug and the R & D has developed a process for manufacture of Oflaxacin for Regulatory Markets. The Pashamylaram unit has received USFDA approval for manufacturing of Rantidine Hydrochloride Form.Mirtrazapine, an anti-depressive drug and Ramipril a cardiovascular drug were introduced during the year 2001.The installed capacities of Ciprofloxacin and Ranitidine were increased with Rs.650 lacs financial assisitance from IDBI.The company is closely working with several companies in Europe and North America for supply of active pharmaceutical ingredients and intermediates.

  • Chairman & Managing Director

    D R Rao
  • Independent Director

    H Dhanrajgir
  • Independent Director

    P V Maiya
  • Independent Director

    Will Mitchell
  • Director

    Christopher M Cimarusti
  • Vice Chairman

    D Sucheth Rao
  • Joint Managing Director

    D Saharsh Rao
  • Company Secretary

    Sarada Bhamidipati
  • Independent Director

    Bharati Rao
  • Independent Director

    Nirmala Murthy
  • Independent Director

    Homi Rustam Khusrokhan

Registered Office

11 Th Floor Phoenix IVY Buildi,
Plot No 573A-III Road No 82,Hyderabad,
Telangana-500035

REGISTRAR OFFICE

Karvy Selenium Tow-B,
Nanakramguda,Hyderabad-500032
INDIA