S atish Mehta is the founder and CEO of Emcure Pharmaceuticals, a major Indian manufacturer of generic drugs based in Pune. The son of a pharmaceutical distributor, he founded Emcure in 1981, initially operating as a contract manufacturer for multinational corporations. Under his leadership, the company pivoted to producing and selling its own branded generics, growing into a global player with a strong presence in Europe and Canada.
Mehta's strategic vision led to significant investments from private equity firms like Bain Capital and a successful public listing in July 2024. He has involved his children in the business; his daughter Namita Thapar is a prominent executive director and a judge on Shark Tank India, while his son Samit Mehta heads the company's R&D and manufacturing operations. Mehta holds a master's degree in chemistry from Pune University.
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Satish Mehta is an Indian businessman, the founder and Chairman of generics maker Emcure Pharmaceuticals, headquartered in Pune. He started Emcure in 1981 as a contract manufacturer for multinationals, before expanding into selling his own branded generics.
After securing investments from private equity firms like Bain Capital, he listed the company on the Indian bourses in July 2024 at a 31% premium to the IPO price.
Satish Mehta's career is defined by his successful pivot from a contract manufacturing model in 1981 to building a major generics maker that focuses on branded products. His structural contribution lies in scaling pharmaceutical production and distribution in India's competitive healthcare market.
The successful July 2024 IPO of Emcure, which secured a 31% premium, cemented his family's wealth. His children, Namita (Managing Director) and Samit, are now key directors, ensuring generational continuity.
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Founds Emcure Pharmaceuticals as a contract manufacturer.
Emcure executes its IPO on the Indian bourses at a 31% premium.
Continues as Chairman, guiding the generics giant.
Satish Mehta's wealth is concentrated in his family's controlling stake in the publicly traded pharmaceutical giant, Emcure Pharmaceuticals.
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+0.01% | +$1.53M
+0.21% | +$2.85M
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