Vikram Thermo India Limited

Science City, Ahmedabad, Gujarat

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Incepted in the year 1994, we “Vikram Thermo India Limited” are engaged in manufacturing a wide assortment of Diphenyl Oxide, Film Coating, etc. Situated at Ahmedabad (Gujarat, India), we are a Public Limited Company and manufacture these products as per the set industry standards. Managed under the headship of “Mr. Ankur Patel” (Owner), we have achieved a significant position in this sector.
Vikram Thermo India Limited owns two well established brands under Pharma Excipients segment DRUGCOAT- Methacylic Acid Copolymer based basic pharma polymer & DRCOAT – Customized Readymix Pharma Polymer. This company is pioneer in India for manufacturing its products. It is a fastest growing entity at a CAGR more than 17%. It is founded, led and inspired by Mr. Dhiraj Patel, visionary entrepreneur and ardent science aficionado.
Vikram Thermo India Limited was established with its first plant for manufacturing diphenyl oxide with the name of Vikram Enterprise Pvt. Ltd. It entered the market with stiff competition. It gained a good marketing strength in imported products and expanded its production capacity to 300 tons a year. Another new plant was set up in 1989 in the name of Vikram Aroma Private Limited Chhatral with capacity of 300 tons/year. Both the companies made considerable progress in terms of production volume, efficient good manufacturing practices, market development and sales established through dealers network in major industrial centers in India as well as in the international markets, like Kenya, Europe & U.S.A. Vikram Thermo India Limited has been promoted for forward integration and diversification program.
The company set up a new plant at Dhanot, near Chhatral for production of V-Therm HT which is a mixture of Diphenyl and Diphenyl Oxide with capacity of 1200 tons a year and first time in India, commercial production started from the local materials. Another new plant was set up by Vikram Thermo India Limited for the production of 'Drugcoat' a polymer which is used in tablet coating for enteric coating and film coating. Most of the products manufactured by this group of companies were imported at first and only through constant research and development work in their R&D center, they produced them in India. All these products are world class quality products, which are made with good manufacturing practice.
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Nature of Business

Exporter and Manufacturer

Total Number of Employees

51 to 100 People

Year of Establishment


Legal Status of Firm

Limited Company (Ltd./Pvt.Ltd.)

Annual Turnover

Rs. 25 - 50 Crore

GST Number


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Vikram Thermo India Limited ★★★★★ ★★★★★ 4.2/5 ★★★★★ ★★★★★4.2 out of 5 VotesRated by 6 Buyers 5★ 4★ 3★ 2★ 1★ A/704-714, The Capital, Science City Road, Ahmedabad-380060, Gujarat, India

Ankur Patel (Owner)

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