Meet Premchand Godha who Transformed Amitabh Bachchan’s Ipca Laboratories into Rs. 28,000 Crore Pharma Giant
Meet Premchand Godha who Transformed Amitabh Bachchan’s Ipca Laboratories into Rs. 28,000 Crore Pharma Giant
For the unversed, Premchand Godha, originally a Chartered Accountant once managed accounts for Amitabh Bachchan, and gradually emerged as a business partner with the Bachchan family in 1975.
His collaboration with the Bachchan family, including Jaya Bachchan, led to the acquisition of Ipca founded by the British in
1949.
Notedly, Godha transformed a struggling company into a colossal enterprise worth Rs 28,000 crore.
Since then Ipca evolved into a leading pharma manufacturer with an impressive market capitalization.
Godha, is a commerce graduate from the University of Rajasthan and a certified Chartered Accountant from the Institute of Chartered Accountants of India.
Premchand Godha, hails from a family of farmers in Rajasthan, ascended to emerge as one of India’s wealthiest individuals.
As the current chairman of Ipca Labs, a company with a revenue of $711 million, Godha oversees the manufacturing of bulk drugs, drug intermediates, and drug formulations.
Ipca Labs is recognized for its contributions in the fields of diabetes, anti-malarial, pain management, and cardiovascular treatments.
News Edit K.V.Raman
