Bhajuratna Pharma (P) Ltd started as the Pharma Division of Bhajuratna Engineering & Sales Ltd. It began as a distributor of Sarabhai Chemicals, Baroda in 1986. With the opening of the economy after the adoption of constitutional monarchy, parliamentary democracy in 1990, Bhajuratna Pharma (P) Ltd was established in 1991 by Maniharsha Jyoti, to cater to the growing Nepalese pharmaceutical market. In the following years, it continued to add brands and products to its range.

• 1986
  Sarabhai Chemicals
• 1992
  Merind
• 1997
  Karnataka Antibiotics and Pharmaceuticals (KAPL)
• 2005
  Abott Healthcare
• 2005
  Zydus Healthcare

Today, with its warehouse established in Birgunj, it is the authorized distributor and super stockist of pharmaceutical products of Karnataka Antibiotics and Pharmaceuticals (KAPL), Vetoquinol India Animal Health and Merck Specialties.