InvestorQ : What business is the company Anupam Rasayan IPO engaged in?
Riya Dwivedi made post
IPO

What business is the company Anupam Rasayan IPO engaged in?

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tanvi Patel answered.
2 months ago
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Anupam Rasayan is engaged in the custom synthesis and manufacturing of specialty chemicals business. It commenced business as a partnership firm in 1984 as a manufacturer of conventional products and has, over the years, evolved into custom synthesis and manufacturing of life science-related specialty chemicals and other specialty chemicals, which involve multi-step synthesis and complex technologies. It has six multi-purpose manufacturing facilities in Gujarat, with four located in an industrial estate at Sachin, close to Adani's Hazira Port. Two units are located in the industrial estate at Jhagadia.

The facilities have a combined aggregate installed capacity of 23,396 metric tonnes, of which 6,726 metric tonnes were added in March last year.

The company's revenue from operations increased by 45% to Rs539.22cr in the nine months ended 31st Dec 2020, from Rs371.80cr in the year-ago period.

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