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Showing posts from March, 2021

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...

MTAR Technologies IPO Review (Apply or Not?)

Overview of the Company: MTAR was incorporated on 11th November 1999 at Hyderabad. Initially the company was instituted on 23rd July 1970 as a partnership firm namely "M/s Machine Tools Aids and Reconditioning" The Company has 7 Manufacturing Units including 1 Export Oriented Unit (EOU). The Company has some Major Clients namely ISRO, NPCIL, DRDO, Bloom energy, Rafael, Elbit Systems. MTAR Technologies of serving Nuclear Sector Customers for over 35 Years and has served NPCIL for over 16 Years About The Company MTAR Technologies is a leading national player in the precision engineering industry. The company is primarily engaged in the manufacturing of mission-critical precision components with close tolerance (5-10 microns) and in critical assemblies through its precision machining, assembly, specialized fabrication, testing, and quality control processes. The Company Serves its customer in Nuclear, Space, Defence and Clean Energy Sector. Since its inception, MTAR Technologies...