Claroid Pharmaceuticals IPO (DRHP filed)

Incorporated in August 2018, Claroid Pharmaceuticals Limited is a pharmaceutical formulations manufacturing company engaged in the development and manufacture of generic pharmaceutical products, including tablets and ointments, as well as the encapsulation of pharmaceutical formulations into hard gelatin capsules. The Company primarily caters to semi-regulated international markets, with a particular focus on exports to countries in Africa.

The Company operates a manufacturing facility located at Pirana, Ahmedabad, Gujarat, spread across approximately 12,332 square metres. The facility comprises dedicated production, quality control, warehousing, utilities and other supporting infrastructure required for pharmaceutical manufacturing. It has an effective annual manufacturing capacity of approximately 14,400 lakh tablets, 9,360 lakh capsules and 120 lakh units of ointment. The manufacturing facility has been designed to facilitate efficient material movement and coordination across various stages of the production process.

Since commencing commercial operations, the Company has focused on maintaining product quality, regulatory compliance, product development and expanding its export-oriented business. Its manufacturing facility holds manufacturing licences under the Drugs and Cosmetics Act, State GMP certifications and various regulatory approvals, including WHO-GMP (CDSCO), NAFDAC (Nigeria), TMDA (Tanzania), RFDA (Rwanda), SBDMA (Yemen) and ZFDA (Zanzibar). These approvals support the export of the Company's pharmaceutical products to the respective international markets, subject to applicable regulatory requirements.

The Company follows a diversified product and market strategy, with its generic formulations business supported by product selection, formulation development and regulatory registrations across multiple geographies. Its operations are supported by an experienced management team and a workforce engaged across key functions, including production, packing, quality assurance, quality control, engineering, regulatory affairs, formulation and development, warehousing, finance and administration.

As of August 31, 2026, the Company had a total workforce of 203 employees across its various operational, technical, regulatory and administrative functions.

1. Baiju Bhupendrabhai Desai

2. Soni Snehalkumar Hasmukhlal

3. Rushin Baijubhai Desai

4. Patel Shaileshbhai Arjanbhai

5. Patel Ghanshyam Arjanbhai

Claroid Pharmaceuticals Limited
S.No -217/P Opp Gurukul English School
Kamod-Pirana Road, Pirana
Ahmedabad, Gujarat, 382425

Telephone: +91 80008 17999
Email: cs@claroidpharma.com
Website: https://www.claroidpharma.com/