Anondita Medicare Ltd

Past performance
Performance overview
About Anondita Medicare Ltd Anondita Medicare Limited, a public limited company incorporated on March 12, 2024, specializes in manufacturing male condoms, offering a variety of flavors under the flagship brand ‘COBRA.’ The company operates a state-of-the-art facility in Noida, Uttar Pradesh, with an installed production capacity of approximately 562 million condoms per year. It adopts environmentally sustainable practices, utilizing compressed natural gas (CNG) as a clean manufacturing fuel. The company aims to establish itself as a key player in its niche market by providing high-quality products with sustainable production methods. The business originates from a proprietorship established by the promoter, Mr. Anupam Ghosh, who entered the industry in 1999 as M/s Healthcare Products. Initially engaged in condom packaging and sales, Mr. Ghosh set up his own manufacturing plant in 2004. In 2013, the proprietorship was renamed M/s Anondita Healthcare, which subsequently transferred all assets, liabilities, and operations to Anondita Medicare Limited via a Business Transfer Agreement on April 1, 2024. The company thus leverages decades of industry expertise to scale operations under its new corporate structure. Anondita Medicare is poised for growth with a planned Initial Public Offer (IPO) of 47,93,000 equity shares at Rs. 10/- each through a fresh issue. The IPO likely seeks to strengthen financial capabilities and expand market penetration for its signature brand ‘COBRA.’ With its long-standing operational history, established production capabilities, and sustainable manufacturing practices, the company presents itself as an attractive investment opportunity in the healthcare and personal protective product segment.
Website anonditamedicare.com
Founded 2024
Headquarters New Delhi