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| Company |
: |
Gujarat Surgico
Ltd. |
| Location |
: |
Ahmedabad |
| Promoters |
: |
Promoted by first generation entrepreneurs Mr. Girish
Talati, Mr. Rameshchandra Saboo and Mr. Kiran Sheth. |
| Business |
: |
The company manufactures high end import substitute
medical devices like oxygen masks and blood tubing sets.
These products were produced indigenously with in- house
R&D facilities having international quality standards. |
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Value-addition by GVFL |
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 |
GVFL invested in the company in the early
stage and played a major role in establishment of systems
and policies. |
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GVFL assisted the company in raising funds and working
capital requirement. GVFL also provided bridge finance
to the company. |
|
GVFL played proactive role in developing the marketing
strategy of the products. It introduced the company to
M/s Duratech Ltd, which helped in selling the products. |
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Encouraged Corporate Governance practices and streamlining
of systems and processes. |
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Achievements of the company |
|
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The product namely AV blood tubing sets
used in Hemodialysis and Oxygen Therapy was not manufactured
for the first time in India. |
| |
|
| Status |
| GVFL divested in the year
1995-96. |
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