Medi-caps was incorporated by S L Mittal in Aug.'83 as a private limited company and was converted into a public limited company in Mar.'86. Pharmaceutical companies procure empty hard gelatine capsules from Medi-caps for dosaged medicines meant for oral administration. The company is the second-largest manufacturer of empty hard gelatine capsules in India.
It takes several years for a company manufacturing capsules to attain zero-defect in production and to fully normalise operations. Medi-caps can claim to have achieved this. In Apr.'95, the company offered 6.11 lac rights shares at a premium of Rs 116 to part-finance the Rs 9.19-cr expansion of its manufacturing facilities (from 2000 mln pa to 3440 mln pa) by installing four high-speed automatic capsule-making machines.
The compa ...ny's manufacturing unit is located in Pithampur, Madhya Pradesh. The company's clientele include US Vitamins, SOL Pharmaceuticals, Dr Reddy's Laboratories, Lupin Laboratories, Aristo Pharmaceuticals, etc. At present, it has 40 clients. The other group company of Medi-caps is Medi-caps Finance which is engaged in finance related activities. In 1993, R C Mittal received the Glory of India International award.
In 1995-96, the company enhanced the capacity of empty hard gelatine capsules by 2500 lac. The company received ISO 9002 Certification during 1998-99. It developed six sizes of the Hard Gelatin Capsules in 2002-03. The company is closely working on commissioning of 13th Machine with 100% automisation. During 2002-03 the company established the export market in countries like China,Thailand,Dubai,Malaysia,South Africa and Philipines.
The Company permanently discontinued its manufacturing activities on 21.11.2019 at the plant in Pithampur, Dhar Dist. and ventured into Real Estate Business and in continuation of this, it executed an agreement with the Tirupati Reality & Developers on 12 October, 2020 for Project named Medicaps Business Park.
Yes, you can invest in Medi Caps Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Medi Caps Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Medi Caps Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Medi Caps Ltd pay dividends? ›
Medi Caps Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Medi Caps Ltd ? ›
As of
24-12-2025 the share price for Medi Caps Ltd. is 32 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Medi Caps Ltd ? ›
The 52-week high and low of Medi Caps Ltd share price is ₹ 28.13 - ₹ 61 as of
24-12-2025 .
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