IGC Pharma, Inc. (IGC) company profile
Close on Nov 13, 2026Market cap $18.20MP/E –Yield –
About IGC Pharma
Pharmaceutical Preparations, SIC 2834
IGC Pharma, Inc. is a clinical-stage biotechnology company focused on developing therapies to treat and diagnose central nervous system disorders, primarily Alzheimer’s disease. The company operates in a single reportable segment, Life Sciences, having previously realigned away from its legacy Infrastructure activities. Its product pipeline centers on innovative drug candidates targeting neurodegenerative conditions, notably its lead candidate IGC-AD1, which is undergoing clinical evaluation for agitation associated with Alzheimer’s dementia. Additionally, the company advances preclinical therapeutic candidates targeting amyloid-beta plaque formation and metabolic disorders, while applying artificial intelligence and machine learning models to identify early diagnostic markers and optimize clinical trials.
The company is incorporated in Maryland and maintains its principal executive offices in Potomac, Maryland. It conducts clinical and developmental activities across North America, including clinical trial sites in the United States and Canada, and harmonizes longitudinal and clinical research databases representing international participants across the Americas and Asia.
Summary of the business section of IGC Pharma's latest annual report, written by StockData.
Company profile
Company
- Legal name
- IGC Pharma, Inc.
- Founded
- 2005
- Headquarters
- Potomac, MD
- Address
- 10224 Falls Road 20854
- Phone
- (301) 529-4996
- Website
- igcpharma.com
- Employees
- 67, Mar 31, 2024
- Industry
- Pharmaceutical Preparations
- Incorporated in
- Maryland
- Fiscal year ends
- December 31
- Auditor
- Manohar Chowdhry & Associates, Chennai, India
Stock & identifiers
- Ticker
- IGC
- Exchange
- NYSE
- IPO date
- Mar 7, 2006
- Shares outstanding
- 103M, Aug 5, 2026
- Public float
- $18.46M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- Stock splits
- 1-for-1062 reverse, Oct 16, 2018; 1-for-10 reverse, Apr 19, 2013
- SEC CIK
- 1326205
- CUSIP
- 45408X308
- ISIN
- US45408X3089
- FIGI
- BBG000NSSLY8
- Share class FIGI
- BBG001SQQKX0
- LEI
- 529900TIWO8H06FQC983
- EIN
- 20-2760393
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Ram Mukunda | CEO, Director | 7,652,982 |
| Claudia Grimaldi | PFO, Director | 3,271,092 |
| Richard K. Prins | Director | 1,541,251 |
| James P. Moran | Director | 2,128,137 |
| Terry L. Lierman | Director | 29,411 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2026 | $1.89M | $1.62M | $706.00K | $82000 | – |
| FY2025 | $568.00K | -$203.00K | $259.00K | $82000 | – |
| FY2024 | $1.82M | $2.70M | $717.00K | $118000 | – |
| FY2023 | $1.01M | -$1.45M | $320.00K | $33000 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Other | Total | vs. prior year |
|---|---|---|---|---|---|
| Ram Mukunda President and CEO | $396 | $92 | $80 | $568 | -69% |
| Claudia Grimaldi Vice President, CCO, and PFO | $226 | – | $33 | $259 | -64% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
Offering
- Type
- Initial public offering
- Final prospectus filed
- Mar 7, 2006
- First trading day
- May 24, 2006
- First-day close
- $5.56
- Lock-up ends (est.)
- Nov 20, 2006
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Employees
Headcount reported in annual reports
“As of March 31, 2024, we employed a team of approximately 67 full-time employees in our two segments.”
Corporate history
Events identified from SEC filings
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