Twitter
Advertisement

Meet man who transformed a struggling company into Rs 28000 crore firm with Amitabh Bachchan

Alongside Bollywood legend Amitabh Bachchan and his family in 1975, Godha orchestrated a remarkable journey, turning a struggling company into a Rs 28,000 crore firm.

Latest News
Meet man who transformed a struggling company into Rs 28000 crore firm with Amitabh Bachchan
FacebookTwitterWhatsappLinkedin

TRENDING NOW

Those who choose the route of perseverance and hard work will eventually succeed. Premchand Godha is a prime example of unwavering self-assurance and perseverance. Premchand Godha, a farmer's son from Rajasthan, has made his name among India's wealthiest. In 1975, Godha orchestrated a remarkable journey with Bollywood icon Amitabh Bachchan and his family, transforming a struggling company into a Rs 28,000 crore enterprise.

Godha is the chairman of Ipca Laboratories and was originally a chartered accountant who managed the finances of Amitabh Bachchan's accounts. Under Godha's direction, Ipca's revenue has soared to an incredible Rs 4,422 crore from a meagre Rs 54 lakh.

Founded in 1949, the once-struggling pharmaceutical company has become a major player in the market.

Godha comes from a farming family. After graduating from the University of Rajasthan with a commerce degree, he first worked as Amitabh Bachchan's CA.

Under Godha's direction, Ipca Laboratories has significantly improved healthcare. The company's influence is felt in a variety of medical domains, including diabetes, pain management, cardiovascular treatments, and anti-malarial medications.

A turning point in Godha's career was working with the Bachchan family, especially Jaya Bachchan. Even when the Bachchan family had to sell their Ipca share in 1999 due to financial difficulties, Godha kept running the show and made impressive profits.

According to the Financial Express, Premchand Godha is a billionaire today, having amassed a net worth of more than Rs 10,800 crore ($1.3 billion), not simply as a chairman. His story serves as a tribute to the strength of willpower, teamwork, and unflinching dedication. 

Godha's tale, which spans from account management to leading a massive pharmaceutical company, serves as both a celebration of India's entrepreneurial spirit and an encouragement for would-be business owners.

Find your daily dose of news & explainers in your WhatsApp. Stay updated, Stay informed-  Follow DNA on WhatsApp.
Advertisement

Live tv

Advertisement
Advertisement