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Estima Pharmaceuticals Private Limited

Rajarajeshwari Nagara, Karnataka

DPIIT recognised Locality Healthcare & Lifesciences

In their own words

Set Up of Greenfield Manufacturing Facility - General Injectable products (Nature of the project is to produce sterile dosage pharmaceutical products with in-depth pharmaceutical and engineering knowledge. Capabilities: • EU GMP and USFDA compliant plant for Small Volume Parenterals (SVP) with Liquid Injections, Lyophilized injections, Suspension and Emulsion Injections, Terminally sterilized Liquid Injectable products, Packaging facility as per international Regulatory and cGMP standards, proposed. Target is to produce approximately 35 - 40 million units/year of different formulations and products over the next 3-4 years outlay. Proposed Location 10-15 acres industrial area around Mysore, Karnataka – India Research & Development Facility – (Standalone) To be designed at Bangalore, India on a 25,000 Sq. Ft space Type Of Products For Development Liquid Injections, Lyophilized Injectable Products, Liquid Injections With Terminal Sterilisation, Suspension & Emulsion Injectables, Pre - Filled Syringes Ampoules Financial Highlights: Project cost - ~ US$ 120 Million Investment requested - US $ 115 million as debt funding (reducing balance), Debt repayment in 5 years with moratorium of 18 months from commencing commercial production, Sales earmark in 2025 - US$ 49 million, US$ 761 million by 2034, EBIDTA in 2025 US$ 1.10 million, US $ 173.59 million by 2034 Cumulative cash balance is US$ 705.44 million by 2034. Profitability Projection Manufacturing facility tentatively to be operational by 2024; revenue to appear on books from 2025 with EBIDTA expected to open conservatively at 20-30% on the net sales – (YoY). Project Costing: Plant With R&D (Cost In Usd Million) Land 2.00, Building 4.00, Plant & Equipments 62.00, Product Development 40.00, Professional Fees 4.00 Pre & Post-Operational Expenses 8.00, Total Project Cost 120.00 Budget allocation for Manufacturing Facility: (Under Debt) US$ 65 Million spread over February 2022 through March 2023 Budget Allocation for R&D Facility: (Under Debt) US$ 50 Million spread over January 2022 through October 2023; US$ 5 Million – Seed capital for entire project

Written by the company on its public Startup India profile. Not verified by us.

What the record says

DPIIT recognition number
DIPP107427
CIN
U24299KA2022PTC159912
Incorporated (MCA)
2022
Registered on Startup India
2022
Self-declared stage
Prototype
MCA status
Active
Company class
Private
Registrar
RoC-Bangalore
Authorised capital
₹15,00,000
Paid-up capital
₹10,00,000

Funding signals

We hold evidence classes, not rounds. There is no amount, no date and no valuation here because we do not have them.

Where this is

Locality

Rajarajeshwari Nagara

Karnataka

We know the area, Rajarajeshwari Nagara, but not the address. The pin below covers roughly a kilometre.

Geocode confidence: medium

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What we do not know

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