March 13, 2021 / 11: 25 PM IST
Cholamandalam Securities IPO document on Anupam Rasayan India
Surat-essentially essentially based Anupam Rasayan commenced business as a partnership in 1984 to construct and sell chemicals. It used to be transformed into a public little company in September 2003. Over the years, it expanded to undertake custom synthesis and manufacturing of life science-associated and other specialty chemicals. The corporate derives 68% of its revenue from exports—the foremost regions being Europe (35.97%), Singapore (17.23%), Japan (5.83%) and the U.S. (3.69%). India accounts for 31.95% of its revenue. It has six multi-motive manufacturing services and products in Gujarat, with four located in industrial estate at Sachin, shut to Adani's Hazira Port. Two models may maybe perchance maybe well be found in the business estate at Jhagadia. The services and products assemble a combined combination attach in ability of 23,396 metric tonnes, of which 6,726 metric tonnes used to be added in March last year.
Valuation and Outlook
ARIL is custom synthesis and producer of specialty chemicals, essentially inquisitive about agrochemicals. The corporate has two distinct business verticals; (i) Lifestyles sciences- Enviornment of expertise chemicals comprising merchandise associated to agrochemicals, personal care and prescribed capsules (ii) Various specialty chemicals, comprising of specialty pigment, dyes, and polymer components. The corporate competes with leading avid gamers enjoy PI Industries and Aarti Industries
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