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Bafna Pharmaceuticals
BSE: 532989|NSE: BAFNAPHARM|ISIN: INE878I01014|SECTOR: Pharmaceuticals
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Company History - Bafna Pharmaceuticals
Bafna was incorporated on March 28, 1995 with the Registrar of
 Companies 
 Tamilnadu and acquired the entire business of Bafna Pharmaceutical, a
 
 proprietary concern of Mr. Bafna Mahaveer Chand.Bafna Pharmaceutical
 has 
 been engaged in the business of manufacturing pharmaceutical
 formulations of 
 Betalactam and Non Betalactam products. The first manufacturing unit
 was set 
 up at Madhavaram during October 1984 for manufacture of tablets with
 an 
 installed capacity of 420 lacs tablets p.a. Subsequently the capusule
 line was 
 added during 1987 with a capacity of 300 lacs capsule p.a. and then
 liquid line 
 with an installed capacity of 45000 lts p.a was added in 1990.
 
 Major events in the History of the Company:
 
 Year        Event 
  
 1981       
 
 -Started as a Proprietorship concern
 
 1984       
 
 -Set up its first manufacturing unit on 04.10.1984 at Madhavaram with
 tablet line of installed capacity of 420 Lacs p.a.
 
 1987       
 
 -Added Capsules Line with installed capacity of 300 lacs p.a.
 
 1990       
 
 -Added Liquid Line with installed capacity of 45,000 ltr. p.a. 
 
 -Made its first supplies to Government of Tamilnadu
 
 1994      
 
 -Started Contract Manufacturing activity for Crossland Laboratories 
 
 -WHO GMP Certification for Madhavarm Unit receives Submitted Dossier
 for registration for 57 products in Srilanka Made its first export to
 Srilanka
 
 1995      
 
 -Started Supply to ESI corporation.
 
 2003      
 
 -Received Export House Status by Ministry of Commerce & Industry
 
 2005      
 
 -Best Supplier Award by State Pharmaceuticals Corporation of Sri
 Lanka 
 
 -Started Construction of new plant at Grantlyon village Madhavaram
 Plant approved as per revised Schedule ‘M’ 
 
 2006      
 
 -Registered 4 products in Ukraine.
 
 -New plant at Grantlyon Inaugurated by Governor of Tamil Nadu, on
 02.10.2006. 
 
 -Received ISO 9001: 2000 certificate
 
 2007      
 
 -Inspection by Ghana Inspectors in 2007 got accreditation.
               
 -Rated as SE2A by Dun & Bradstreet
               
 -Manufacturing Licence Received for Grantlyon Unit
               
 -WHO GMP Certification for Grantlyon Unit
 
 2008
 
 -Bafna Pharmaceuticals is entering the capital market with its IPO
 
 -Bafna Pharmaceuticals have received MHRA approval from UK for the
 Companys new plant at Grantlayon, Chennai.
 
 2009
 
 -ISO 9001: 2000 Certificate of Registration for Manufacture and
 Export of Pharmaceutical products 
 
 -MHRA Certificate of GMP Compliances of Manufacturer from Medicines
 and Healthcare products Regulatory Agency, U.K.
 
 2010
 
 -Bafna Pharmaceuticals have been awarded the Gold Quality Excellence
 Award 2009 
 
 -Bafna Pharmaceuticals have inaugurated its Formulation Research &
 Development unit (Formulation Facility) in Chennai
 
 2011
 
 -Bafna Pharmaceuticals has received Indian Drug Manufacturer's
 Association (IDMA) Quality Excellence Award 2010 - Silver Award under
 the category of Formulations Units 
 
 -Bafna Pharmaceuticals has received Udyog Rattan Award and Excellence
 Award from the Institute of Economic Studies Delhi.
 
 -Bafna Pharmaceuticals has signed an agreement with NR Jet, an
 affiliate of Johnson & Johnson Limited, for acquisition of the
 TradeMark RARICAP.
Source : Dion Global Solutions Limited
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