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IOL Chemicals and Pharmaceuticals Limited (IOLCP) is a leading organic chemicals manufacturer and supplier. We are Indian manufacturer of industrial chemicals & bulk drugs for over two decades. By pursuing & implementing the highest standards of excellence in our operations, we have nurtured our capabilities. By delivering consistent results have earned the admiration of customers and stakeholders alike.

 

Company Factsheet

Nature of Business: Manufacturer
Company CEO: Vijay Garg
Registered Address: No. 85, Industrial Area A, Ludhiana- 148101, Punjab, India
Industry: pharmaceuticals ( API / Bulk Drug ) and Speciality Chemicals
Total Number of Employees: Upto 10 People
Year of Establishment: 1986
Standards & Quality Certifications: National Energy Conservation Award (2005-2011) by Ministry of PowerGovernment of India
Legal Status of Firm: Limited Company (Ltd. / Pvt. Ltd.)
Proprietor Name: Mr.Varinder Gupta
Annual Turnover: 2014-15 Rs. 500 - 1000 Crore Approx.
Location Type: SEMI-URBAN
Building Infrastructure: Permanent
Size of Premises: 55 acres
Location Photo 1: https://2.imimg.com/data2/AI/YJ/MY-1660867/1-250x250.jpg
Location Photo 2: https://2.imimg.com/data2/PW/KU/MY-1660867/2-250x250.jpg
Location Photo 3: https://2.imimg.com/data2/IT/XS/MY-1660867/3-250x250.jpg
Location Photo 4: https://2.imimg.com/data2/HT/RR/MY-1660867/4-250x250.jpg
DGFT / IE Code: 3094001343
Tan No.: JLDI0*****
Banker: PUNJAB NATIONAL BANK
GST No.: 03AABCI1842A1ZF
CIN No.: L24116PB1986PLC007030

International Organization for Standardization

National Energy Conservation Award (2005- 2011) by Ministry of Power, Government of India

International Organization for Standardization

ISO 9001:2008 (Validity : 10 June, 2014)

International Organization for Standardization

ISO 14001:2004 (Validity : 10 June, 2014)

Our Vision

To be the most admired and valuable company in bulk chemicals, intermediate specialty chemicals and APIs globally.

International Organization for Standardization

OSHAS 18001:2007 (Validity : 5 May, 2015)

Our Mission

To provide qualitative products in bulk chemicals, intermediate specialty chemicals and APIs by constant innovation and breaking technological barriers with due regard to safety and environment.

Our Core Values

To provide qualitative products in bulk chemicals, intermediate specialty chemicals and APIs by constant innovation and breaking technological barriers with due regard to safety and environment.

Market Leaders

Our market leadership in the organic chemical range & strong presence in the alcohol based industry, has been a result of an unwavering focus on quality & innovation. By adapting advanced technologies, refining processes & exploring wider applications, we aim to secure our position in the present day as well as in future.

Driving Growth

By maintaining a speedy and a flexible approach to production, packaging & delivery, we have been able to provide a stable and reliable supply base for our customers. Our products cater to high growth industrial sectors such as agriculture, textiles, pharmaceuticals, packaging etc., which have been primary drivers of growth in the Indian economy.

Success Orientation

Our team of able & goal-oriented institutional builders, entrepreneurs, associates & skilled workers and technicians have been the driving force behind our success. With our management systems and tools, optimized for sustainability, we create value for our clients and our partners in business. While at the same time, our measures ensure that we fulfill the diverse needs of customers. We view this in terms of long-term competitive advantage that we achieve by providing superior products for wider applications from both economic and environmental viewpoints.

Sustainable Development

Sustainable development is a guiding principle at IOL Chemicals and Pharmaceuticals Limited . An unwavering focus on quality in the chemical industry leads to a parallel understanding of environmental concerns and the need for a viable environmental policy.

Corporate Governance

Corporate Governance is an unambiguous commitment to ethical values, sincere practices & responsible business conduct. This commitment extends to every aspect of the business operations and permeates the corporate structure at every step. From the work culture & employee policies to the way the company deals with its investors; corporate governance is the key to projecting the right image of the company to employees, stakeholders & the public.

At IOLCP, good governance is an established process that is consistently refined to ensure truth, transparency, accountability &responsibility in all our dealing-s internal and external. The rewards of running a well-managed enterprise that seeks not just to succeed in terms of business growth, but also empowers social growth, are manifold. Good governance is the key driver of long-term sustainable growth & value-creation.

In the pursuit of good governance it is vital that we infuse our people with a vision of dynamic growth & entrepreneurship & creating a system that ensures stability while allowing for flexibility &combines consistency with the room for necessary changes.

Employees, working on the twin parameters of potential & performance form the core of the organization. Our employee development program seeks to ensure that every employee seeks personal growth, while developing skills and knowledge while working with us.

We view corporate governance as a trusteeship; a philosophy to be professed; a value to be imbibed and an ideology to be ingrained in corporate culture.

Social Initiative


Initiatives taken towards social commitments include:
We, at IOLCP ensures that the no person under the age of 18 years is employed with us directly or under contracted manpower and strictly comply with The Child Labour (Prohibition & Regulation) Act, 1986.

Initiatives taken towards social commitments include:

Environment Friendliness

Environment Friendliness

Initiatives undertaken in "Go Green" Strategy are:

Environment,Health and Safety Policy

IOL CHEMICALS AND PHARMACEUTICALS LTD,is wholly committed for the protection of the Environment, Health and Safety of its employees and integrate the commitment into our routine practices. To realize the commitment, we shall implement
the following EHS Policy:-


Varinder Gupta
(Chairman & Managing Director)

Child Labour Policy

There are more children under the age of 14 in India than the entire population of the United States. The great challenge of India, as a developing country, is to provide nutrition, education and health care to these children.

Children under 14 constitute around 3.6% of the total labour force in India. Of these children, nine out of every ten work in their own rural family settings. Nearly 85% are engaged in traditional agricultural activities. Less than 9% work in manufacturing, services and repairs. Only about 0.8% works in factories.

While child labour is a complex problem that is rooted in poverty, there is unwavering commitment by the Government and the people of India to combat it. Success can be achieved only through social engineering on a major scale combined with national economic growth. We, at IOLCP ensures that the no person under the age of 18 years is employed with us directly or under contracted manpower and strictly comply with The Child Labour (Prohibition & Regulation) Act, 1986.

Our Approach

IOLCP’s meticulous efforts, transparency, integrity and commitment to technical excellence & best quality have contributed in creating a vast customer base. The company has built a competitive advantage for itself by satisfying its customers all over the world and this principle has been the cornerstone of its success.

IOLCP has attained a front line position in the domestic segment and is thus contemplating to widen its horizon through global penetration. It has overseas customers from around 45 countries like Bangladesh, Thailand, UAE, Syria, Singapore, Hong Kong, Pakistan, Egypt, Malaysia, Peru, Brazil, Philippines, Jordan and many others.

IOLCP is therefore moving ahead with its vision to develop global strategic alliances with quality leaders and expand into new markets.

IOLCP is in leading position in industrial chemicals / API Ibuprofen market; we are committed to sustain our profitable growth pattern through a consistent focus on innovation & excellence. We aim to expand our operations in the manufacturing arena as well as innovative power generation initiatives that seek to free our operations from the volatility of external power supplies. Our vast financial resources and innovative practices have firmly put us on a growth trajectory that promises valuable & sustained returns in the near and distant future. In the manufacturing arena as well as innovative power generation initiatives that seek to free our operations from the volatility of external power supplies. Our vast financial resources and innovative practices have firmly put us on a growth trajectory that promises of being an investor friendly company. We believe in complete transparency, full disclosure, good governance and corporate citizenship.

We are committed to the enhancement of our shareholder / stakeholder value, measured in terms of:

New Products

Our new product range is as follows :

About Us

Company was established in 1986, IOLCP is India's one of the leading generic pharmaceutical company, and is significant player in the Organic chemicals space. IOLCP has wide presence across various therapeutic categories like, Pain Management, Anti-diabetic, Anti hypertensive, Anti Convulsants, etc.

Our capabilities are nurtured by pursuing & implementing the high standards of excellence in our operations. By delivering consistent results & quality we have earned the admiration of customers and stakeholders. Innovative Strengths & Strong Growth have made us the market leaders. We have built up our expertise responding to diverse customer requirements Our products cater to the key industrial sectors of Pharmaceutical, Flexible Packaging, Paint & Lamination, Ink, Pesticides, etc. Efficient teamwork & strong associations have guided us to success. Accolades for our environmental policies have come from the highest levels of power.


Through an unwavering focus on Quality, Commitment & Delivery, we have charted our way to success in our operations and have won the admiration of our customers. Our success is built on the strong pillars of innovation, quality, & dedicated customer service. By incorporating these & other business strengths, we have boosted our capabilities to maintain the leading edge in the industry & earn the loyalty of our customers.

Our Milestones

IOLCP is focused towards Quality, technology upgradation and expansion has provided an unwavering path of success. Every milestone achieved has left behind a remarkable footprint in the growth chart of the organization.

  • 2012 : Commissioned Multi purpose plant
  • 2009 : Commissioned Iso Butyl Benezene, Mono Chloro Acetic Acid and Acetyl Chloride Plant
  • 2006 : Commissioned Co-Generation Plant
  • 2000 : Commissioned Ibuprofen Plant
  • 1996 : Commencement of Ethyl Acetate Production
  • 1991 : Commencement of Acetic Acid Production
  • 1986 : Incorporation of IOL Chemicals & Pharmaceuticals Limited

Board of Directors

Board of Directors are professionally qualified and professionally managed. They carry on their rich experience from various geographies and lead IOLCP into a position of immense sustainable growth & strengths.

Rajender Mohan Malla (Chairman and Independent Director)
(Bachelor degree in commerce from Shri Ram College of Commerce, M.Com from University of Delhi and MBA from Faculty of Management Studies, University of Delhi)
He has very distinguished carrier of four decades. He had held top and significant decision-making positions in Banks, Financial Institutions & NBFCs. in the country viz. IDBI Bank Ltd., SIDBI, IFCI, PTC India Financial Services Limited. In his most recent executive roles, he was MD & CEO of PTC India Financial Services Limited (PFS), a subsidiary of PTC India Limited, from year 2013-2015 and prior to that CMD of IDBI from year 2010-2013. He is presently on Board of many reputed companies including Central Depository Services (India) Ltd, Vardhman Textiles Ltd and Bharat Financial Inclusion Limited.

Varinder Gupta (Managing Director)
He is an industrialist and having wide and rich experience of more than 28 years in chemical and fertilizer industry.

Vijay Garg (Joint Managing Director)
(Bsc (Chemistry), MBA and EPIB (One year PG course) from Indian Institute of Management (Kolkata))
He is having 20 years experience in commercial activities of the chemical and pharmaceutical products and has an international exposure in the industry.

Vikas Gupta (Executive Director)
Bachelor of Science in Business Management from King's College London,University of London
He is academically equipped with the knowledge and possesses organisational capacity. He has worked in strategic department of the company for two years and played a main role in guiding the Chemical and Pharmaceutical business of the company.

Chandra Mohan (Director)
BA(Hons) and Bsc.(Mechanical)
He has more than five decades of experience in Indian industry. He was Vice Chairman and Managing Director of Punjab Tractors Limited for 28 years, the longest serving Chief Executive Officer in Indian corporate world. He has received numerous awards including Padmashree in 1985 for his contribution to both industry and society.

Dr.Sandhya Mehta (Director)
MBA and Ph.D in Management Studies
She is working as Deputy Director in Guru Nanak Institue of Management & technology,Ludhiana and has vast 22 year experiance to her credit.She has published seven books in addition to numerous papers published in reputed National & international Journals.

Harpal Singh (Independent Director)
(Fellow (Mechanical Engineer) of Institute of Engineers (India), CAIIB from The Indian Institute of Bankers, Mumbai ando Merit Pass UK Financial Services and Regulations.)
He has had over 35 year's experience of banking and financial services. Most recently he was General Manager of Punjab National Bank and headed entire operations of bank in State of Punjab from 2010 to 2015.

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    Vijay Garg

    (Joint Managing Director)

    IOL Chemicals And Pharmaceuticals Limited

    Industrial Area- A, Ludhiana, Punjab, India

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