Seya Industries Share Price

Incorporated in October 1990, Seya Industries Limited is currently promoted by Ashok G Rajani, who have interests in two other companies , called as Vidhata Chemicals and Sriman Chemicals. The Company, in April 1993, came out with a public issue of 33 lac equity shares, aggregating Rs 3.30 Crore to partfinance the Rs 28 Crore project to manufacture benzenebased organic chemicals. Company is in the business of manufacture of speciality chemical intermediates like Paracetamol, floxacins, etc, Personal Health Care Products like Hair dyes, Printing Inks Paints used in Laser/ Ink jet Printers, for Road markings, etc, Agrochemicals like DDT, etc, Insecticides/ Pesticides like Quinalphos, Mortein, Baygon, etc, Rubber chemicals for Leather protection, Textile dyes, Thermic fluids used as heating medium, etc. The main products of the Company comprises of Para Nitro Chlorobenzene(PNCB), Ortho Nitro Chlorobenzene (ONCB), Mono Chlorobenzene (MCB), etc. The major consumers of its products are Atul Products, Polyolefin Industries, Indian Dyestuffs, Jaysynth Dyechem, etc. About 50% of the MCB production is consumed internally to manufacture PNCB and ONCB. The company has a marketing tieup with Agio Corporation, US, to export 50% of its annual production to the US and Europe. Apart from this, it specializes in manufacture and marketing of Chlorination and Nitration products based on Benzene and aims to become the largest producer of benzene based chemical intermediates in the world. It is engaged in manufacture of Speciality Chemicals at its most modern state of art manufacturing facilities in MIDC Tarapur, Boisar a notified chemical manufacturing zone 90 kms from Mumbai.During year 201617, Company completed modernisation and upgradation Project of its Nitro Chlorobenzene manufacturing plant which resulted in Increase in Raw material efficiency, Improvement in product quality, Reduction in Utilities consumption, increase in ease of operation and more over increase in Capacity of Nitro Chlorobenzenes from 15000 TPA to 33000 TPA.