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* - Tentative Dates
The company proposes to utilize the net proceeds from the Issue towards funding the following objects:
Sanginita Chemicals Limited's revenue decreased by -24.85% and profit after tax (PAT) rose by 19.57% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 79.50 | 79.20 | 70.12 |
| Revenue | 149.13 | 198.44 | 165.02 |
| Profit After Tax | 0.42 | 0.35 | 0.76 |
| Amount in ₹ Crore | |||
Sanginita Chemicals Limited was founded in December 2005. The company initially started production of Copper Chloride and Copper Chloride at its factory at 3536/8, Near. GIDC, Chhatral, Dist - Gandhinagar (Unit I). Due to the increase in demand for the company's products in 2009, Unit II was commissioned to increase the production capacity by installing additional machinery.
the company discontinued the operation of Unit I and acquired the land and building of Unit I at Plot No. 3536/8, Near. GIDC, Chhatral, Gandhinagar District and shifted all plant and machinery to Unit II. In addition, the company also undertakes contract work, which forms a small part of the total turnover. Currently, the company manufactures the following three main products: copper chloride, copper sulphate and copper chloride
Chloride with an installed capacity of 60,00,000 kg/a, 54,00,000 kg/a and 3,50,000 kg/a respectively, which are used in the dye and pigment industry, paint industry, pharmaceutical industry, electroplating industry, metal extraction industry, ink, carbon paper and PVC pipe coating industry, etc.
Copper (II) chloride, copper sulphate and copper (II) chloride with an installed capacity used in the dye and pigment industry, paint industry, pharmaceutical industry, electroplating industry, metal extraction industry, ink, carbon paper, PVC pipe coating industry, etc.
