Acquiring Company
Skymap Pharmaceuticals Pvt Ltd
Acquired Company
Indian Medicines Pharmaceutical Corporation Ltd
IndiaIndiaBiotechnologyHealth CarePharmaceuticalManufacturingBiotechnologyHealth CareDescription
The government has approved the sale of Indian Medicines Pharmaceutical Corporation Ltd (IMPCL) to Skymap Pharmaceuticals Pvt Ltd for Rs 121 crore. Skymap emerged as the highest bidder in a competitive bidding process for the full stake and management control of IMPCL. This acquisition is part of a broader disinvestment strategy by the government. The transaction is set to enhance Skymap's portfolio in the pharmaceutical sector.
Quick answer
Skymap Pharmaceuticals Pvt Ltd is acquiring Indian Medicines Pharmaceutical Corporation Ltd, announced May 26, 2026. Skymap Pharmaceuticals Pvt Ltd is based in India.
- How much did Skymap Pharmaceuticals Pvt Ltd pay for Indian Medicines Pharmaceutical Corporation Ltd?
- The deal value was not disclosed.
- What does Skymap Pharmaceuticals Pvt Ltd do?
- Skymap Pharmaceuticals Pvt Ltd is a pharmaceutical company that engages in the production and distribution of a variety of medications.
- Where are Skymap Pharmaceuticals Pvt Ltd and Indian Medicines Pharmaceutical Corporation Ltd based?
- Skymap Pharmaceuticals Pvt Ltd is based in India. Indian Medicines Pharmaceutical Corporation Ltd is based in India.
- Who are the decision-makers at Skymap Pharmaceuticals Pvt Ltd?
- Fundz holds 2 contacts at Skymap Pharmaceuticals Pvt Ltd. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Pharmaceutical and Biotechnology
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- ESTEVE acquires TerSera's Infusion Business Unit (May 4, 2026)
- Tarsus acquires iRenix Medical for IRX-101 development (July 8, 2026)
- Towa Pharmaceutical acquires Tanabe's plants (July 8, 2026)
- Bora Pharmaceuticals acquires MacroGenics' operations (July 2, 2026)
- Ipca Laboratories to merge with Krebs Biochemicals (June 26, 2026)
- Merck KGaA to acquire Bio-Techne Corporation (June 25, 2026)
Who to call at Skymap Pharmaceuticals Pvt Ltd, and when
When Skymap Pharmaceuticals Pvt Ltd changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Skymap Pharmaceuticals Pvt Ltd raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Skymap Pharmaceuticals Pvt Ltd, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Skymap Pharmaceuticals Pvt Ltd. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Skymap Pharmaceuticals Pvt Ltd makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired Indian Medicines Pharmaceutical Corporation Ltd?
Indian Medicines Pharmaceutical Corporation Ltd was acquired by Skymap Pharmaceuticals Pvt Ltd, based in India. The deal was reported on May 26, 2026. Skymap Pharmaceuticals Pvt Ltd is a pharmaceutical company that engages in the production and distribution of a variety of medications. The company focuses on quality and innovation in its product offerings. Skymap Pharmaceuticals Pvt Ltd is privately held and operates in Biotechnology.
When did Skymap Pharmaceuticals Pvt Ltd acquire Indian Medicines Pharmaceutical Corporation Ltd?
Skymap Pharmaceuticals Pvt Ltd's acquisition of Indian Medicines Pharmaceutical Corporation Ltd was reported on May 26, 2026. The government has approved the sale of Indian Medicines Pharmaceutical Corporation Ltd (IMPCL) to Skymap Pharmaceuticals Pvt Ltd for Rs 121 crore. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Indian Medicines Pharmaceutical Corporation Ltd do?
Indian Medicines Pharmaceutical Corporation Ltd (IMPCL) is involved in the manufacturing and supply of standardized Ayurvedic and Unani medicines. The company operates under the Ministry of Ayush, emphasizing traditional medicine practices. It is privately held, operating in Manufacturing, and is based in India.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.