* - Tentative Dates
The right issue aims to utilize funds for the following purposes;
Bhagiradha Chemicals & Industries Limited manufactures a large variety of products primarily related to crop protection. Its business operations are mainly concentrated on the technical grade pesticides and specialty intermediates through chemical synthesis i.e. creation of complex chemical compounds from simpler chemical compounds. Its products are mainly categorized into the three segments; Insecticides, Fungicides, and Herbicides.
In addition, it further manufactures specialty intermediates that are used as raw material to manufacture other products. Currently, the firm has manufactured around 28 different products including formulations and specialty intermediates. It not just sells products domestically but also in the international market to countries such as Argentina, Australia, Brazil, Egypt, Germany, Israel, Portugal, and the UK and the USA.
Its manufacturing facility is situated at Ongole, Prakasam district in Andhra Pradesh with an aggregate installed capacity of 3,250 MT per annum.