Anupam Rasayan - IPO
Incorporated in 1984, Anupam Rasayan is one of the leading companies engaged in the cotton synthesis and manufacturing of specialty chemicals in India. The business has 2 verticals;
1. Life Science related specialty chemicals that are used in agrochemicals, personal care, and pharmaceutical sector and
2. Other specialty chemicals i.e. pigment & dyes, polymer additives, etc.
The company has a strong long-term relationship with many multinational companies like Syngenta Asia Pacific Pte Ltd, Sumitomo Chemical Company Ltd, and UPL Limited to expand geographical reach across countries like United States, Europe, Japan, and India.
It has 6 manufacturing facilities out of which 4 are situated at Sachin and 2 are located at Jhagadia with an aggregated installed capacity of 23,438 MT.
Competitive strengths:
- Diversified customer base across geographies and industries.
- In-house R&D team to foster product innovation.
- Diversified and customized product portfolio.
- Strategically located manufacturing facilities.
- Consistent financial performance track record.
Company Promoters:
Mr. Anand S Desai, Dr. Kiran C Patel, Ms. Mona A Desai, Kiran Pallavi Investments LLC, and Rehash Industrial and Resins Chemicals Private Limited are the company promoters.
Company Financials
| Particulars | For the year/period ended (₹ in millions) | |||
| Summary of financial Information (Restated Consolidated) | 31-Dec-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 |
| Total Assets | 19,192 | 16,641 | 13,225 | 10,012 |
| Total Revenue | 5,632 | 5,394 | 5,210 | 3,492 |
| Profit After Tax | 481 | 530 | 502 | 403 |
Objects of the Issue:
The net proceeds from the IPO will be utilized towards the following purposes:
To make prepayment/repayment of company's indebtedness including accrued interest.
To meet general corporate purposes.
Issue Details
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