Hindcon Chemicals Limited
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Hindcon Chemicals Limited which was formerly known as Hind Silicates Pvt limited is India’s leading chemical manufacturer in construction domain. It derives major revenues from sale of sodium silicates. Company’s manufacturing facility is located at Howrah West Bengal with an installed capacity of 30,000MT per year.
Date of establishment: Hindcon Chemicals Limited was established in 2000.
Product & Service Offering:Their portfolios consist of 100 of products that includes waterproofing additives for rcc cement, super plasticiser and plasticiser, concrete aids, sodium silicates for soap manufacture, protective and waterproof coatings , grouts and Repairing Mortar admixtures , short crete aids, floor topping products, sealant products and epoxy Grout and Mortar etc.
Promoters of Hindcon Chemicals ltd.:Mr. Sanjay Goenka and Mrs. Nilima Goenka are the promoters of Hindcon Chemicals Limited.
Customer segment: Hindcon Chemicals customers include some of the big clients like L&T,JP Associates, , Hindustan construction,Patel engineering, Gammon India, Ramky Infrastucture,Punj Llyod, Ashoka buildcon.
Objects of the Issue:The objects of the Offer is to:-
- To finance its working capital requirement
- To finance general corpus funds
- To finance issue expenses
Company Financials:
FY2013 |
FY2014 |
FY2015 |
FY2016 |
FY2017 |
|
Total revenue |
30.9 |
30.9 |
35.0 |
33.5 |
34.3 |
Total Assets |
29.56 |
30.4 |
24.22 |
25.62 |
29.56 |
Profit after tax |
0.3 |
0.3 |
0.3 |
0.8 |
2.1 |