Journey from chartered accountant to pharma industry giant

The name of Premchand Godha is known as an eminent personality in the Indian pharma industry. Premchand Godha, who once worked as a Chartered Accountant (CA) of Amitabh Bachchan, converted struggles into opportunities and today he has become a big business personality. Coming from an ordinary farmer family of Rajasthan, Godha has touched the pinnacle of success with his hard work, dedication and visionary thinking.

Turning Point: When the iguana’s fortunes changed

The biggest turning point in Premchand Godha’s career came in the year 1975. At that time he was handling the finances of Amitabh Bachchan and his family. During this time, Godha, along with the Bachchan family, invested in Ipca Laboratories, a pharmaceutical company going through difficult times.

Ipca laboratories crisis

• At that time IPCA Laboratories was on the verge of collapse.
• Godha gave a new direction to the company with his strategic thinking and wisdom.
• He worked hard to improve the condition of the company and was successful in making it profitable.

Didn’t leave even after Bachchan family left

In 1999, the Bachchan family sold its stake in Ipca Laboratories due to financial problems. But Premchand Godha did not leave the company.

Iguana leadership:

• Under Godha’s leadership, the company recovered from losses and earned huge profits.
• Today Ipca Laboratories is counted among the top pharma companies of India.
• The company’s revenue has increased from Rs 54 lakh to Rs 4,422 crore.

Ipca Laboratories: Big name in pharmaceutical industry

Ipca Laboratories manufactures medicines to treat diseases like heart disease, diabetes and malaria. Due to Godha’s efficient leadership, the market valuation of the company has reached Rs 28,000 crore today.

Premchand Godha’s Net Worth

According to Forbes, Premchand Godha’s net worth is Rs 14,123 crore ($1.7 billion).

Iguana Clash:

• After the withdrawal of the Bachchan family, the responsibility of the company completely fell on the shoulders of Godha.
• He faced every challenge boldly and took Ipca Laboratories on the path to success.

inspirational success story

The story of Premchand Godha is a true inspiration. Coming from an ordinary farmer family, he is today a successful entrepreneur and chairman of a big pharma company. Their success teaches us that:

• Anything can be achieved with hard work, passion and determination.
• Despite difficulties, great achievements can be achieved with foresight and struggle.