Leading distributor for Cipla, Sun Pharma, and C/F for Abbot & Alkem seeks expansionary funding.

- We deal with more than 1,500 customers.
- Customers include pharmacies, hospitals, and other wholesalers.
- Our customer base and revenue have grown by 20% every year.
- Equal revenue split across all customer categories.
- We are leading distributors for Cipla, Sun Pharma Alkem, and 70 more companies.
- We are a C/F for Alkem, Abbot, Aristo, Laborate, Aqualab, and Troikaa.
- The owner has an experience of 34 years in the industry.
- The revenue seems high due to the high volume as we are wholesalers. However, our margins are very thin at about 5-6%.

Wholesale supply of generic medicines to retailers (pharmacies), wholesalers, and hospitals.

- Business was initially funded by the owner's savings and then through bank loans as well. - We have an outstanding loan of INR 20 crore from HDFC Bank. - 7 shareholders all in the family in a 30:20:10:10:10:10:10 shareholding split.

Tangible assets include: - Land and building worth INR 15 crore (already kept as collateral for HDFC loan) - Product stock worth INR 6-7 crore. Intangible assets include agreements with different companies.