Check a PCD company before you pay

A 10-point checklist to verify a PCD pharma franchise company before paying: registration, GST, manufacturing licence, WHO-GMP, product approvals, agreement, payments and red flags.

Periclav-625Tizoliv Syrup
Short answerBefore paying any PCD pharma company, check its company registration and GST number on the government portals, ask for its drug licence and the WHO-GMP certificate of the plant that makes its products, get the product list with compositions, and make sure the territory terms are in a written agreement. Pay only into a bank account in the company's own name, against a GST invoice.

The 10-point checklist

#CheckWhere to verify
1Company is registered (Pvt Ltd, LLP or firm)Company search on mca.gov.in
2GST number is active and the name matches"Search taxpayer" on gst.gov.in
3Company holds a valid drug licenceAsk for a copy; check the name and address
4Products are made in a WHO-GMP plantAsk for the plant's certificate and name on the pack
5Full product list with compositions and pack sizesWebsite and printed catalogue
6Real office you can visitVisit, or meet the team at a pharma expo
7Territory terms are written, not just promisedThe partner agreement
8Payment goes to the company's own bank accountAccount name must match the company name
9Every order comes with a GST invoiceFirst invoice
10Dispatch time and expiry or return policy are clearAsk before the first order

What are the warning signs?

  • Pressure to pay a large "booking amount" for a district before you see an agreement.
  • Payment asked into a personal account or a different company's account.
  • No GST invoice, or prices far below every other company for the same molecule.
  • No address you can visit, and contact only on WhatsApp.
  • Promises of fixed monthly income. No honest company can promise what your market will do.

How do I check the products?

Ask for samples of the products you plan to sell. Check that the pack shows the manufacturer's name and licence number, the batch number, and manufacturing and expiry dates. Compare the composition with what doctors in your area prescribe.

How Acrowell Labs answers this checklist

  • Acrowell Labs Private Limited, founded on 2 March 2022, led by Managing Director Shitiz Garg.
  • Head office in Kurukshetra, Haryana, and corporate office in Zirakpur, Mohali. Partners are welcome to visit.
  • WHO-GMP compliant manufacturing and ISO 9001:2015 certification. See quality and certifications.
  • 800+ products across six divisions, all listed with compositions. Browse the products.
  • Met partners at expos in Bangalore, Patna, Kolkata and Vijayawada. See the expos.
  • From a partner, Acrowell asks only for the drug licence, GST number and ID.

Frequently asked questions

How can I check if a pharma company is genuine?
Verify its registration on the MCA portal and its GST number on the GST portal, ask for its drug licence and the WHO-GMP certificate of the manufacturing plant, and visit its office or meet the team at an expo.
Should I pay a booking amount for monopoly rights?
Not before you have read a written agreement that states the territory and terms. At Acrowell Labs, monopoly rights are earned through consistent partnership, not sold on a first call.
How do I verify a GST number?
Use the 'Search taxpayer' option on gst.gov.in. The legal name and status should match the company you are dealing with.

Want to know if your district is open? See how the Acrowell franchise works or send your details below.

Is your district still open?

Tell us where you work and what you want to stock. You get the products open in your territory, the rate list and the monopoly terms, usually within one working day.

WhatsApp +91 91387 87100 Call +91 91387 87100 acrowelllabs@gmail.com Head office: 10/5 Arjun Nagar, behind Satya Nursing Home, Pipli Road, Kurukshetra, Haryana
Corporate office: Unit 505, 5th Floor, Motiaz Business Park, Zirakpur, Mohali, Punjab
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