SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Indoco Remedies acquires manufacturing facility located at Baddi

21 Sep 2016 Evaluate

Indoco Remedies has acquired the manufacturing facility located at Baddi of Micro Labs, a Bangalore based company. The facility is spread over an area of 18000sq.mt, out of which 11,000sq.mt.is the built-up area. It produces 4.3 billion tablets and 50 million capsules p.a.

The acquired manufacturing site is close to the company’s existing manufacturing plant in Baddi, Himachal Pradesh. Baddi will thus be another manufacturing hub for the company’s solid dosages business in the regulated markets.

With this acquisition, Indoco will now have 6 facilities for finished dosages and 3 for active pharmaceutical ingredients (APIs). Out of these, 3 facilities for finished dosages, including sterile plant and 2 facilities for API manufacturing are USFDA approved.

Indoco Remedies is engaged in the manufacturing and marketing of formulations (finished dosage forms) and active pharmaceutical ingredients (APIs) in India.

Indoco Remedies Share Price

205.55 5.75 (2.88%)
09-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Sun Pharma Inds. 1779.40
Dr. Reddys Lab 1268.75
Cipla 1376.75
Zydus Lifesciences 1105.75
Lupin 2263.40
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×