Mr. V. J. Savani established in the year 1982 in the name of M/s PAR INORGANICS, then the PAR DRUGS AND CHEMICALS LIMITED was incorporated in the year 1999.

17 years of innovation
2002Drying Technology Up gradation (spin flash dryer) in India, which was first time in our product segment.
2005We have established second manufacturing facility in Asia's biggest chemicals corridor, GIDC Ankleshwer.
2009Fuel Technology modification changeover from furnace oil to Coal Fired Hot Air Generator, which has improved our cost effectiveness tremendously and increased profit of company.
2010we have got GMP (Good Manufacturing Practice ) Certification from renowned organization named World Health Organization (WHO) at our Bhavnagar manufacturing facility.
2012We have established two new manufacturing blocks in Bhavnagar, one block is specially for fine chemicals to expand new business segment other then Pharma product. Further, second block is dedicated to only one product magnesium hydroxide. Moreover Ankleshwer plant was upgraded with spray dryer system.
2015we have addition of one API product named - Sucralfate - the only manufacturer in India.
2017We have installed 120kw Solar Power Generation Plant in our premises - roof tops by this application we produce Solar Power and help green energy by reducing 1,54,000 kgs p.a. of carbon emission.
2018Conversion from Private Limited to Limited on 5th November 2018
2019The Company has successfully come up with an Initial Public Offer (IPO) of 16,72,000 Equity Shares of face value of 10 each for cash at a price of 51/- each, aggregating to 852.72 lakhs of equity shares of the company on May 3, 2019, Friday which was closed on May 08, 2019, Wednesday and equity shares of the company listed on NSE SME EMRGE platform on May 16, 2019.

Now, after all these expansion Par Drugs & Chemicals is having all the Latest Drying Equipments available in Bulk Drying i.e. Flash Dryer, Spin Flash Dryer and Spray Dryer. This gives the certain edge to the company to develop existing molecule for different applications.

Also, after catering these years only to the Pharma Companies, we've taken a decision to diversify the business to the Fine Chemicals. The first step towards this is already been taken by developing Amorphous Aluminum Hydroxide for Construction Chemicals. Also, currently working on 3-4 different products likes Magnesium Silicate, from existing Product Mix but for very different Applications.