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SMS Pharmaceuticals Ltd

NSE: SMSPHARMA BSE: 532815

₹385.20

(-1.08%)

Tue, 03 Mar 2026, 11:22 pm

Company History

1987

  • Incorporated as S.M.S. Pharmaceuticals Pvt. Ltd. for the manufacture of Bulk Drugs by Mr. K G Suggula

1988

  • Issued 49,960 equity shares at the price of Rs. 10 per share

1989

  • Issued 50,000 equity shares at the price of Rs. 10 per share

1990

  • Acquired by present promoters Mr. Ramesh Babu Potluri & Mr. T V V S N Murthy
  • Issued 50,000 equity shares at the price of Rs. 10 per share

1991

  • Commercial production of Ranitidine HCL with 3 MTPA at Unit I

1992

  • Ranitidine capacity increased to 180 MTPA
  • Issues 150,000 equity shares at the price of Rs. 10 per share

1994

  • Issued Bonus Shares in the ratio of 8:3
  • Issued 150,000 equity shares at the price of Rs. 10 per share and 350,000 equity shares at the price of Rs. 60 per share
  • Setup of in-house R&D laboratory in Unit I
  • Converted to Public Limited Company from private limited and the name was changed to S.M.S. Pharmaceuticals Limited.

1995

  • Doubled Ranitidine capacity to 360 MTPA
  • Issued 450,000 equity shares at the price of Rs. 120 per share

1997

  • Increased Ranitidine capacity to 720 MTPA

1998

  • Awarded the prestigious Pandit Jawaharlal Nehru Silver Rolling Trophy for its excellence as Best Industrial Productivity effort in the State

1999

  • Additional APIs Naproxen, Ciprofloxacin at Unit I

2000

  • Ranitidine capacity including intermediates increased to 1,440 MTPA
  • Acquired plant of high value APIs at Bachupally (Unit II)

2001

  • Commercial production of Sumatriptan Succinate at Unit II
  • ISO 9001:2000 certification obtained for Unit I
  • Recognized as export house by Ministry of Commerce

2002

  • Setup of in-house R&D laboratory in Unit II
  • US DMF filed for Sumatriptan Succinate

2003

  • ISO 9001:2000 certification obtained for Unit II
  • Supply Agreement with Ranbaxy under Para IV of ANDA for Sumatriptan Succinate
  • 4 process patents and 1 product patent filed under the Patent Co-operation Treaty
  • 1 Process Patent filed for Sumatriptan Succinate under European Patents.
  • Set up of Nutraceutical plants in Unit III

2004

  • USFDA approval obtained for Unit II
  • Commenced commercial production of Ramipril and Quinapril at Unit II
  • Established exclusive basic research facility at Sanath Nagar, Hyderabad
  • US DMF for Ranitidine HCL and CoS filed for Sumatriptan Succinate and Ramipril
  • Agreement entered into with IICT, Hyderabad for development of process know-how for Diltiazem HCL and Taxol C-13
  • Agreement entered into with IIT, Guwahati for development of process know-how for metal acetylacetonates
  • Entered into a Memorandum of Understanding with Sochinaz SA for exclusive development and supply of Trandolapril for global marketing by Sochinaz SA.
  • Setup of pilot plant facility for APIs at Gagilapur, Hyderabad (Unit IV)
  • 1 process patents filed under the Patent Co-operation Treaty and 2 process patents filed with Indian Patents Office
  • Issued Bonus Shares in the ratio of 1:1

2005

  • 8 process patents filed with Indian Patents Office
  • Commenced commercial production of Almotriptan in Unit II
  • US DMF filed for Ranitidine USP, Almotriptan and Ramipril.
  • Commencement of development of Trandolapril product under Contact Research for a European Company Sochinaz S/A.

2006

  • Published European Patent for Sumatriptan Succinate
  • Issued 2,923,000 equity shares to the shareholders of Sreenivasa Pharma Private Limited in exchange of shares of Sreenivasa Pharma Pvt. Limited.
  • Completion of contract research assignment of Trandolapril exclusively executed for Sochinaz SA
  • CoS for Ranitidine HCL obtained from EDQM.

2007

  • Issued 400,000 equity shares at the price of Rs. 350 per share to Gulf Pharmaceutical Industries.
  • CoS for Ranitidine HCL obtained from EDQM.
  • Completion of contract research assignment of Trandolapril exclusively executed for Sochinaz SA
  • Published European Patent for Sumatriptan Succinate

2010

  • SMS Pharmaceuticals Ltd has appointed Mr. N. Rajendra Prasad as Chief Financial Officer of the Company.

2011

  • Mr. K. Umamaheswaram is appointed as Nominee Director of the Company.
  • The Board has recommended dividend of Rs. 1.50 per equity share of Rs. 10/- each on the paid up share capital of the company.

2012

  • SMS Pharmaceuticals appointed Mr. Utpal Gokhale as a new nominee Director.

2013

  • SMS Pharmaceuticals has recommended dividend of Rs. 2.00 per equity share of Rs. 10/- each.

2014

  • SMS Pharmaceuticals has recommended dividend of Rs. 2.00 per equity share of Rs. 10/- each.

2015

  • SMS Pharmaceuticals Limited has won India Pharma bulk drug company of the year award.
  • SMS Pharmaceuticals splits its face value from Rs. 10 to Rs. 1

2017

  • SMS Pharmaceuticals hikes stake in VKT Pharma.

2018

  • SMS Pharmaceuticals gets EIR for Bachupally facility.

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