Anupam Rasayan India Limited IPO Review (Apply or Not???)
Overview of the Company: Anupam Rasayan India Limited is in Specialty Chemicals Business. The Company is Engaged in Custom Synthesis and manufacturing of Specialty Chemicals. The Company was incorportaed in 1984 as a Partnership Firm namely "Anupam Rasayan" in Surat Gujarat. In 2003 the Partnership firm was then Converted into a Public Limited Company. (One can convert directly into Public Limited company if it has minimum 7 Shareholders.) Further, In 2010 the Company started supplying Specialty Chemicals to Syngenta Asia Pacific Pte Ltd in Singapore. In 2017, the Company commenced to supply the specialty chemicals to Sumitimo Chemicals Company Limited in Japan. The Company is recognized as a 3 Star Export House by Government of India. This is the 4th Company in Specialty Chemicals Business coming up with an IPO. The Other three were Rossari Biotech, Chemcon Speciality Chemicals and Heranba Industries Limited. Out of the total sales, the company exports is around 68% and rema...