FRIENDS, YOU MUST WATCH TO ".Sanginita Chemicals "

Sanginita Chemicals Excellent business, Bright Future Sanginita Chemicals Limited (SCL) is engaged in manufacturing mainly metal based inorganic chemicals. At present, SCL manufactures three major products viz. Cuprous Chloride, Copper Sulphate and Cupric Chloride. These products are used in various industries like dyes and pigment, paint, pharmaceuticals, electroplating, metal extraction and ink, Carbon paper, PVC pipe coating industries etc. Presently SCL have Installed capacity of about 12200 million tons per year which has approximate value of about Rs.300 Crores at present rates. SCL utilizes about 50 % to 60 % of the installed capacity having its turnover about Rs.170 Crore for the year ending 2016. Sangini Chemicals is a listed company which is traded on NSE SME Emerge Platform. The stock has been on solid upmove as it has given more than 200 per cent return within seven months from its listing. It had entered into the capital market this year itself in March- 2017. It had issued one share each at Rs.22 i.e. each share having face value of Rs.10 at premium of Rs.12. It was listed on 10th March, 2017. Initially, in 2003, SCL had started as a proprietorship under the name "Sanginita Chemicals" and Mr. Vijaysinh Chavda was the proprietor. On December 15, 2005 Sanginita Chemicals was incorporated as Private Limited under the name Sanginita Chemicals Pvt. Ltd by promoters. SCL had started with very low amount of finance of just 00.15 Cr. from Bank, Gandhinagar in 2003. Promoters also have invested about 16.59 Cr. of finance as a capital in the SCL.Financially SCL grown gradually backed by strong Balance Sheet presently.SCL provides employment to about 150 people regularly. The philosophy of the SCL is to keep in front customer satisfaction through continuous consistent quality, superior service and thrust on changes for improvement. Optimum utilization of resources by value added activity and surpass the benchmark of the industry on various key riders is the cultivated working culture of the SCL. All the efforts of positive action clubbed in the motto of the SCL is "Surety of Purity & Quality. Every Quest for excellence begins with 19th November to 25th SM A RT I N V E S T M E N T November 2017 17 Financial Weekly Hansaben Chavada : She has been Human Resource Development deparment. By utmost human approach and reaching to the employee in need, she has made the company a different family organization with professional values form others. Promoters of Sanginita Chemicals Dineshsinh Chavada : A person with clear vision and committed for growth is working with SCL since its inception. Dineshsinh has also indepth understanding of the system and processes. Being a retired forest officer, who has shouldered responsibility of diverse departments Vijaysinh Chavda : Being a Chemical Engineer Mr Vijaysinh is developing the product, set up the processes and ensure optimum productivity for the market that he has penetrated. being part of government establishment has hands on experience of system and processes. He is also acting as Honorary Secretary in MSME, An Apex Association, Gujarat State Small Industries Federation of Gujarat State. BUSINESS & FINANCIAL RESULT UPDATE Quality, not only in our products, but more so in our commitments." "Evidential perfection, consistently Innovative measures, uncanny combination of man and instrument, not just business but lifetime relations." By following the motto in latter and sprit, and transmitting the values in the culture of the organization, SCL have reported continuous journey of encouraging Growth in terms of revenue and profit. The backbone of Sanginita's quality is its well-equipped Quality Assurance Laboratory, where all our products are rigorously tested before being dispatched to our various customer locations. Service of reputed independent laboratories are also utilized as required, to supplement our own facilities. Use of standard raw material, vendors and operational procedures guarantee consistent prod- 19th November to 25th SM A RT I N V E S T M E N T November 2017 18 Financial Weekly Sangini Chemicals is a listed company which is traded on NSE SME Emerge Platform. The stock has been on solid upmove as it has given more than 200 per cent return within seven months from its listing SCL was nominated during Vibrant Gujarat in MSME competition under Best Entrepreneur category. On financial front, the company is gfowing rapidly. During September quarter, its ssales has increased 40 per cent and net profit has jumped 160 per cent uct quality. No where things are being compromised in quality maintenance. We analyze customer suggestions for constant improvement of our products. SCL is chemical manufacturing company and has Pollution Control Board NOC & Consent till 2018. Then after it will be renewed. SCL do not have any technical or administrative issue of pollution till Day. SCL has its own Laboratory for Research and Development. SCL has one site in the same premises for future Demands and Expansion. SCL had 538 million tonnes of production during 2006-07 had the value of about Rs. 11.68 Crore is now reached to 5650 million tonnes of production having value of about Rs.170 crore. SCL was nominated among 5 (Five) Fastest Growing Companies during 2010-11 year in the Survey of CRISIL Ratings, ICICI Bank and CNBC-18 Business Channel. SCL was nominated during Vibrant Gujarat in MSME competition under Best Entrepreneur category. On financial front, the company is gfowing rapidly. During September quarter, its ssales has increased 40 per cent and net profit has jumped 160 per cent. The stock has given more than 200 per cent return within seven months. The stock is poised for more upmove after strong quarterly results. As the management of the company has made strong growth plan, investors can make more money in this stock.