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Company Information

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ANUPAM RASAYAN INDIA LTD.

22 November 2024 | 12:00

Industry >> Chemicals - Speciality

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ISIN No INE930P01018 BSE Code / NSE Code 543275 / ANURAS Book Value (Rs.) 251.30 Face Value 10.00
Bookclosure 18/09/2024 52Week High 1106 EPS 11.70 P/E 62.65
Market Cap. 8055.85 Cr. 52Week Low 673 P/BV / Div Yield (%) 2.92 / 0.17 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The Company was initially formed as a partnership firm as "Anupam Rasayan" with effect from April 1, 1984 at Surat, Gujarat, India to commence the business of manufacture and sale of chemicals, pursuant to a partnership deed dated April 6, 1984 entered into amongst Ms. Hansa Sureshchandra Desai, Ms. Soniya Sureshchandra Desai, Ms. Purnima Ashwin Desai and Mr. Ashwin Jayantilal Desai. The partnership firm was registered under the Indian Partnership Act, 1932 with the Registrar of Firms, Surat on October 22, 1984. One of the Promoters, Mr. Anand S Desai was inducted as a partner with effect from April 1, 1992 in the firm pursuant to a partnership deed dated July 1, 1992. Further, one of the Promoters, Ms. Mona A Desai, along with Mr. Rohan Ashwin Desai and Mr. Aman Ashwin Desai were admitted as partners in the firm with effect from April 1, 2001, pursuant to a partnership deed dated March 18, 2002.

Subsequently, pursuant to the memorandum of association dated September 5, 2003 and the certificate of incorporation issued by the Registrar of Companies, Gujarat, Dadra and Nagar Haveli on September 30, 2003, the partnership firm was converted into a joint stock company and was registered as a public limited company under the Companies Act 1956 under the name of `Anupam Rasayan India Limited'. We received the certificate of commencement of business, issued by the Assistant Registrar of Companies, Gujarat, on November 20, 2003.

Major events and milestones :
1984
- The Company was initially formed as a partnership firm as "Anupam Rasayan" to commence the business of manufacture and sale of chemicals

2003
- The partnership firm was converted into a joint stock company and was registered as a public limited company under the Companies Act 1956 under the name of `Anupam Rasayan India Limited'

2010
- Started supplying specialty chemicals to Syngenta Asia Pacific Pte Ltd in Singapore

2014
- Purchased the entire lease hold rights over the property and manufacturing facility at Plot No. 907/3, Jhagadia, Gujarat from Krishna Solvechem Limited pursuant to a Deed of Conveyance dated August 13, 2014 and an Asset Transfer Agreement dated May 16, 2014 respectively

2015
- Received consent to establish for setting up the industrial plant at Jhagadia Unit-5 from GPCB

2016
- KPI LLC made its first tranche of investment in the Company

2017
- Commenced the supply of speciality chemicals to Sumitomo Chemical Company Limited in Japan

2018
- KPI LLC invested USD 35 million as an external commercial borrowing in the Company

2019
- Received consolidated consents and authorisation for Jhagadia Unit - 5 and Sachin Unit-6, both from GPCB

2020
- Received consolidated consent and authorisation for the research and development centre on Sachin Unit-6 from GPCB

2022 -Anupam Rasayan India bags order worth $95 mil. from crop protection firm.