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* - Tentative Dates
The Company proposes to utilize the net proceeds from the Issue towards funding the following objects:
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 16.61 | 12.45 | 0.61 |
| 31-Mar-22 | 34.89 | 26.09 | 0.71 |
| Amount in ₹ Crore | |||
Eiko Lifesciences Limited was originally founded on January 07, 1977. This company is a manufacturer, supplier and exporter of specialty chemicals, fine chemicals, pharmaceutical intermediates, etc. The company is successfully engaged in manufacturing, processing, formulating, producing, purchasing, selling and exporting speciality and fine chemicals. The company's products are used in a wide range of agrochemicals, personal care products and food industries.
The company commenced commercial production in October 2020 at its manufacturing facility in Badlapur, Maharashtra. Since then, the company has expanded its operations, grown its brand and customer base, and become one of the fastest growing specialty chemical companies in India. Key products manufactured by this company are used in the pharmaceutical and agrochemical industries for various end-use applications, including anticorrosives, photo chemicals, solvents and corrosion inhibitors, to name a few.
The company's research and development centre not only works to develop new products, but also focuses on continuously improving processes to increase quality and reduce costs. Cost reduction is achieved by improving process efficiency, using innovative catalysts and saving on operating materials and energy costs.