Omkar Speciality Chemicals Limited Financial Updates

Omkar Speciality Chemicals Limited has released the financial results for the FY ending Mar 31, 2017

Report can be download here

About Omkar Speciality Chemicals Ltd,

Omkar Speciality Chemicals was originally incorporated as a Proprietorship Firm under the name M/s. Omkar Chemicals in the year 1983, with Mr. Pravin S. Herlekar as the Proprietor. On February 24, 2005, it changed to a Private Ltd. Company known as Omkar Specialty Chemicals Private Limited. With its continuous growth the company established itself as a Public Limited Company on March 18, 2010 with the name “Omkar Specialty Chemicals Limited”, under the Chairmanship of Mr. Pravin S. Herlekar as the Chairman & Managing Director and with Mr. Omkar P. Herlekar as its young and dynamic Whole Time Director.

Our Company is mainly engaged in the manufacture and sale of Specialty Chemicals and Intermediates for Chemical and Allied Industries.

The Company has total 7 Units, of which 4 Units are located at MIDC, Badlapur (E), Dist: Thane, Maharashtra, India.

The locations of our Units are as under:

• Unit No.1– W-92(A), MIDC, Badlapur(E), Dist: Thane-421503, State: Maharashtra.
• Unit No.2– F-24, MIDC, Badlapur (E), Dist: Thane-421503, State: Maharashtra.
• Unit No.3– B-34, MIDC, Badlapur (E), Dist: Thane- 421503, State: Maharashtra.
• Unit No.4– F-10/1, MIDC, Badlapur (E), Dist: Thane-421503, State: Maharashtra.
• Unit No.5– D-27, MIDC, Lote Parshuram, Tal-Khed,District Ratnagiri-415605,Maharashtra.
• Unit No.6– Urdhwa Chemicals Co. Pvt. Ltd. C-4,MIDC, Lote Parshuram, Taluka-Khed,District Ratnagiri-415605, Maharashtra.
• Unit No.7– Lasa Laboratory Pvt Ltd, Plot No. C-105, MIDC, Mahad, Dist. Raigad, Maharashtra.

Our Company is primarily engaged in the production of Specialty Chemicals and Pharma Intermediates. We manufacture a range of Organic, Inorganic and Organo Inorganic Intermediates. The Inorganic Intermediates include Molybdenum derivatives, Selenium derivatives, Iodine derivatives, Cobalt derivatives, Bismuth & Tungsten derivatives and the organic intermediates include Tartaric acid derivatives and other intermediates. These products find applications in various industries like Pharmaceutical Industry, Chemical Industry, Glass Industry, Cosmetics, Ceramic Pigments and Cattle & Poultry Feeds.

We are exporting our products to Europe, Canada, Asia, South America and Australia. Our Company’s association with leading organizations in India and abroad has enabled us to broaden our business, to expand the existing product range and to develop new molecules as per the specific requirements of our valued customers.

The Company has basic research capabilities and has recently acquired M/S.RISHICHEM RESEARCH LTD., [W-83(C), MIDC, Badlapur ] as a wholly owned subsidiary which is expected to provide a total R&D back-up to the Company for all its future expansion and diversification program.