Mono Pharmacare was originally formed as a partnership firm in the name and style of ‘M/s. Mono Chemist’ through partnership deed dated May 06, 1994. Promoters of its company Panilam Lakhatariya and Supal Lakhatariya joined the partnership firm on May 10, 2018, as partners of the firm. Further, its Promoters acquired 100% ownership of the partnership firm on July 25, 2019. Further, new partners i.e. Shivlal Gandalal Lakhatariya, Shardaben Shivlal Lakhatariya, Shivam Parag Chauhan, Archit Suhasbhai Shah and Pallaviben Suhasbhai Shah were added pursuant to deed of admission dated June 18, 2022. The partnership firm was then converted into Public Limited company under part I (Chapter XXI) of the Companies Act, 2013 in the name and style of Mono Pharmacare Limited vide Certificate of Incorporation dated October 17, 2022, was issued by the Registrar of Companies, Ahmedabad.
Mono Pharmacare is engaged in the business of marketing of pharmaceutical products and also, it is distributors of various pharmaceutical companies. It works with various contract manufacturers who manufacture pharmaceutical products on its behalf based on compositions given by it and subsequently it sells those products under its brand ‘DLS Export’. It is also distributors to various pharmaceutical companies. As on February 28, 2023, it is dealing with (distributors and stockists) many pharmaceutical companies and also, it is connected with many customers/vendors who are a mix of retail pharmacy stores as well as wholesalers. It promoters have a combined experience of more than a decade in the pharmaceutical industry. Its Promoters have been the pillars of its Company’s growth since beginning and with their enriching experience and progressive thinking, it aims to continue to grow in the pharmaceutical industry.
The company is a distributor and supplier of a wide array of Pharmaceuticals products and medicines. As a leading provider in the pharma industry, it is committed to delivering high-quality products and services that meet people’s healthcare needs. With its expertise and dedication. The company offers Health Care products, Antibiotic medicines, Cough Cold Anti Allergic medicines, Antifungal medicines, Nutraceutical medicines, Analgesic & Antipyretic medicines, Antacid & Antiemetics medicines, Cardiac-Diabetic medicines, and cosmocare products. At Mono Pharmacare, it prioritize quality in every step of the pharmaceutical solution process. It understands that health is of utmost importance, and therefore, it adheres to strict quality control measures to ensure that its products meet the highest standards. From sourcing raw materials to conducting rigorous testing, it leaves no stone unturned to deliver safe and effective medications.
Business area of the company
The company is engaged in the business of marketing of pharmaceutical products and also, it is distributors of various pharmaceutical companies.
Products of the company
- Antibiotic
- Cough cold anti allergics
- Anti-Fungal
- Nutraceutical
- Analgesic & antipyretic
- Antacid & antiemetics
- Cardiac - Diabetic
- Skincare
- Bronchodilators
- Pro-Biotics
- Antihistamines
- Cosmetics
Awards, certifications & recognitions
- 2020: Received ‘Certificate of appreciation’ by Gaurav Panel to M/s Mono Chemist and Ahmedabad Medical Corporation.
- 2021: Received ‘Certificate of appreciation’ by Abbott Consumer Health to its Subsidiary entity Supal Distributors LLP.
- 2021: Certificate for partnering with Abbott on ChannELEVATION initiative.
- 2021: Received ‘Certificate of appreciation’ by Cipla to its subsidiary firm Ahmedabad Medical Corporation.
- 2021: Received ‘Certificate of Recognition’ by Troikaa to its subsidiary firm Ahmedabad Medical Corporation.
History and milestone
- 1994: Incorporated Partnership firm in style of ‘M/s Mono Chemist’.
- 2018: Panilam and Supal Lakhatariya are introduced as Incoming partners of Partnership firm.
- 2019: Revenue experienced a growth of more than 2x times after the introduction of its promoters.
- 2022: Conversion of the company from Partnership Firm to Public Limited Company.
- 2022: Takeover of the business of DLS Export (Proprietorship firm of Panilam Lakhatariya).
- 2023: Takeover of the business of Ahmedabad Medical Corporation and Supal Distributors LLP.