Elder Pharmaceuticals Limited was incorporated as a private limited Company on April 2, 1983 in the State of Maharashtra in the name and style of "ELDER PHARMACEUTICALS PVT LTD." The Company started its commercial activities in 1988 on loan basis and subsequently started its own production at its factory in Navi Mumbai in 1989 In the year 1998; the Company got converted into Public Limited Company. Elder Pharmaceuticals ranked as the 28th (ORG-IMS) largest pharmaceutical company commenced operations in 1989.It is rated as the third fastest growing company, by revenue, in the pharmaceutical industry in FY 2007 in India.
Elder Pharmaceuticals principal activities include the manufacturing and marketing of prescription pharmaceutical brands, surgical and medical devices. Shelcal Elder’s No.1 brand is one of the top brands in the Indian Pharmaceutical industry. We believe that we are one of the leading players in the pharmaceutical formulation market in India, being a market leader in three therapeutic segments - Women’s Healthcare, Wound Care and Nutraceuticals. Elder manufactures API and formulations across 6 manufacturing plants in India and one in Nepal possessing a capability to manufacture various dosage forms like tablets, capsules, syrups, injectibles, topical creams and ointments.
FD schemes:
Cumulative deposits & Non Cumulative deposits
Minimum 25,000/-for 6 months and 10000/-for rest
Rate of interest- 6 months 7%, 1 year 8.50 %, 2 year 10 %, 3year 11.50 %
0.50% more for senior citizen
Account Payee cheque in favour of ‘Elder pharmaceuticals limited- F.D. account’
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