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Camlin Fine Sciences Ltd.

BSE: 532834 Sector: Industrials
NSE: CAMLINFINE ISIN Code: INE052I01032
BSE 00:00 | 15 Apr 139.40 -0.60
(-0.43%)
OPEN

138.00

HIGH

141.95

LOW

138.00

NSE 00:00 | 15 Apr 139.75 -0.10
(-0.07%)
OPEN

139.60

HIGH

142.05

LOW

137.55

OPEN 138.00
PREVIOUS CLOSE 140.00
VOLUME 37299
52-Week high 160.70
52-Week low 35.45
P/E 77.02
Mkt Cap.(Rs cr) 1,777
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 138.00
CLOSE 140.00
VOLUME 37299
52-Week high 160.70
52-Week low 35.45
P/E 77.02
Mkt Cap.(Rs cr) 1,777
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Camlin Fine Sciences Ltd. (CAMLINFINE) - Company History

Camlin Fine Chemicals Ltd is one of the India's leading manufacturers and exporters of Bulk Drugs Fine Chemicals and Food Grade products. The company manufactures active pharmaceutical ingredients (API's) food antioxidants and sweeteners. They operate in two business divisions namely Food Ingredients Division and Industrial products Division. The company's products have applications in processed foods edible oils paints polymers alternative fuels (biodiesel) rubber health and pharmaceuticals.The company has a strong research and development which is focused on bringing in continual improvements on process and products backward integration and developing innovative products. The research and development is equipped with comprehensive and updated instrumentation for conducting quality analysis stability studies. The research and development also is equipped to conduct application studies on stability index of edible oils and Bio-diesel.Camlin Fine Chemicals Ltd was originally incorporated on November 30 1993 as a private limited company with the name of Camlicon Consultants Pvt Ltd. In April 2006 the main object of the company was altered to enable the company to pursue business in Fine Chemicals. They launched a new product namely 'Sucralose' which is a synthetic sweetener with large demand and attractive price. In June 1 2006 the name of the company was changed from Camlicon Consultants Pvt Ltd to Camlin Fine Chemicals Pvt Ltd. As per the scheme of arrangement the fine chemicals division of Camlin Ltd was de-merged and transferred to the company with effect from July 01 2006. In August 11 2006 the company was converted into public limited company and the name was changed to Camlin Fine Chemicals Pvt Ltd. The company entered into a joint venture with Viachem LLC USA on 51:49 basis and set up a company namely Dulcette Technologies LLC for marketing Sucralose Aspartame and Acesulfame-K and their blends in USA Canada and Mexico. In March 30 2007 the equity shares of the company were listed on the Bombay Stock Exchange (BSE).During the year 2007-08 the company increased the production capacity of Chemical & Chemical Products from 1636 Ltrs/Kgs to 2476 Ltrs/Kgs. The company acquired the control of Sangam Laboratories Ltd by acquiring 60% of the paid up equity share capital of the company. They invested Rs 5 lakh for controlling interest in the Equity Share Capital of Chemolutions Chemicals Ltd. In February 2008 the company entered into a joint venture agreement with Advanced Aerospace Technologies Inc. USA' to manufacture and market speciality fine chemicals primarily to cater to European and U.S markets. During the year 2008-09 the company expanded the production capacity of Chemical & Chemical Products from 2476 Ltrs/Kgs to 2548 Ltrs/Kgs. The company invested Rs 25.50 lakh in Fine Lifestyle Brands Ltd and Rs.5.10 lakh in Fine Renewable Energy Ltd which represents 51% of equity share capital of each of them. They further invested Rs 92.32 lakh in the share capital of their present subsidiaries namely Sangam Laboratories Ltd Chemolutions Chemicals Ltd and Dulcette Technologies LLC USA.During the year 2009-10 the company expanded the production capacity of Chemical & Chemical Products from 2458 Ltrs/Kgs to 3500 Ltrs/Kgs. They are entering the field of Bio technology products and first patented biotechnology based Natural shelf life enhancing formula for increasing shelf life of Natural farm produce like fruits vegetables and flowers.The company decided to merge Sangam Laboratories Ltd a wholly owned subsidiary with the company.

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