OUR BUSINESS
Our Company was incorporated May 12, 1992 We are an R&D and innovation-focused global manufacturer and supplier of specialty chemicals across the hydrocarbons and industrial supply chains, including the oil and gas, refining and petrochemicals industries, and customers with diverse applications across industrial segments.
we are one of the major producers in the development, commercialization and application of specialty chemicals in India.
we have 16 manufacturing facilities across four countries, including eight in India. With 542 patent registrations outside India, including 99 U.S. patent registrations, and 29 patent registrations in India.
we are one of the few India-based chemical company with global brand recognition.
our marquee customer base included Reliance Industries, Petronas, Indian Oil Corporation, PPG Industries, Clariant, Liberty Energy, Italiana Petroli, and Vedanta.
We offer products mainly across two categories :-
- Specialty chemicals For Hydrocarbons.
- Industrial Specialty Chemicals.
The graphic below provides an overview of our offerings, the industries we serve and how our products benefit our customers.
Our R&D team had 116 employees. Our dedicated R&D facilities are situated in India, Singapore, Canada and Brazil.
Our customers as at October 31, 2024 included :-
Reliance Industries, Petronas, Indian Oil Corporation, PPG Industries, Clariant, Liberty Energy, Italiana Petroli, EXCO Resources, Lotte Chemicals, Mangalore Refinery and Petrochemicals Limited, Bapco Refining B.S.C., Sarlux, Shenghong Petrochemicals, SK Energy, IRPC, Instuito Mexicano Del Petroleo, Acelen Energia Renovavel, Eurenco France, Guangzhou Jianyi Chemicals, Hanwha Total Energies, HPCL Mittal Energy Limited, Lubritec Distribuidora De Lubrificantes, Malaysian Refining Company, Vibra Energia and Vedanta.
OBJECTS OF THE OFFER
1. Repayment/prepayment, in full or part, of all or certain outstanding borrowings availed by our Company.
2. Investment in our Subsidiary, Dorf Ketal Chemicals FZE for repayment/prepayment, in full or part, of all or certain of its outstanding borrowings.
3. General corporate purposes.
Qualitative Factors
- Notable market presence with a diverse portfolio of products for specialty chemicals catering to various industries and geographies.
- Strong R&D capabilities driving product innovation based on customer needs.
- Long-standing and strong relationships with our customers.
- Global network of manufacturing facilities.
- Proven track record of acquiring and integrating businesses.
- Track record of delivering growth and profitability.
- Experienced Promoters and senior management with extensive domain knowledge.
Comparison of Accounting Ratios With Listed Industry Peers :-
- SRF Limited
- Fine Organic Industries Limited
- Vinati Organics Limited
- Navin Fluorine International Limited
- Gujarat Fluorochemicals Limited
- Atul Limited
