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Mahickra Chemicals Ltd.

BSE: 535075 Sector: Industrials
NSE: MAHICKRA ISIN Code: INE961Y01015
BSE 05:30 | 01 Jan Mahickra Chemicals Ltd
NSE 00:00 | 24 Jan 90.90 1.70
(1.91%)
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Mahickra Chemicals Ltd. (MAHICKRA) - Company History

Mahickra Chemicals Limited was originally constituted as a partnership firm with the name `Mahak Dye Chem Industries' on June 21 1994. Subsequently it was converted into a public limited company pursuant to partners special resolution passed at its Extra-ordinary General Meeting of the firm held on September 05 2017 and the name of the firm was changed to Mahickra Chemicals Limited on November 13 2017.Miteshkumar Champaklal Gandhi Ashishkumar Champaklal Gandhi Komal Mitesh Gandhi Anitaben Ashishbhai Gandhi Champaklal Kachralal Gandhi Jayantilal Sakarchand Shah and Pravin Popatbhai Patel were the initial subscribers to the Company.The Company is in the business of manufacturing of Reactive Dyes since year 1998 while the business of trading in Reactive Dyes was started in year 1994. The Company manufactures Reactive Dyes also known as Synthetic Organic Dyes (S.O.Dyes) and has an integrated process. The company specialises in Black Reactive Dyes. The company manufactures 40 various types of Reactive Dyes. The product of the company caters to textiles & garments manufacturers. The company also offer specialty performance chemicals to the Textile Dyeing and printing industry. The manufacturing facility of the company is situated at Vatva GIDC in Gujarat. The company is an ISO 9001:2015 ISO 14001:2015 and GOTS certified company.The Company is promoted and managed by Mr. Miteshkumar Champaklal Gandhi Mr. Ashishkumar Champaklal Gandhi and Mrs. Komal Mitesh Gandhi. The promoters are actively and fully involved in the day-to-day affairs of the company's operations. Under the leadership of the promoters the company has seen remarkable growth both in operations and financial performance.The Company manufactures dyes of various concentrations which is the deciding factor for the pricing of the product. The Company concentrates on Black Dyes segment. The Company generates most of its revenue from export operations and products of the company are exported to countries like Turkey Egypt Bangladesh etc.