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* - Tentative Dates
The Company proposes to utilize the Net Proceeds towards the following objectives:
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | ||||||||||||||||||
| Assets | 100.22 | 60.39 | ||||||||||||||||||
| Revenue | 47.21 | 48.13 | ||||||||||||||||||
| Profit After Tax | 0.98 | 1.16 | ||||||||||||||||||
| Reserves and Surplus | 36.31 | 21.15 | ||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||
Founded in 1961, Ushanti Colour Chem manufactures a wide range of Reactive and Direct Dyestuffs, (Synthetic Organic Dyes) and Pigments. Further, it manufactures Copper Phthalocyanine, Blue Crude to manufacture Dyestuffs.
The Pigments and dyes manufactured are used as raw materials in various industries, including Cotton, textile, Paper, Leather, Paint, Wool, Nylon, Plastic, and Ink industries. The company generates most of its revenues from exports. Its products are being exported to countries, like Turkey, Egypt, Bangladesh, Pakistan, Indonesia, China, Argentina, Netherlands, Belgium, Hong Kong, Korea, Peru, the United Kingdom, Brazil, Malaysia, etc
The company has manufacturing plants in Vatwa and Saykha. It manufactures more than 4000 MT per year.
