Competitive strength
Diversified product portfolio
DRHP p.113 · Our Strengths
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20 Microns Nano Minerals Limited
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review extraction · 108 verified factsBusiness snapshot
Competitive strength
Diversified user industries
DRHP p.113 · Our Strengths
Competitive strength
Import Substitution
DRHP p.113 · Our Strengths
Competitive strength
Support of our holding company
DRHP p.113 · Our Strengths
Key dependency
Derive substantial synergies from Corporate Promoter, 20 Microns Limited.
DRHP p.113 · Our Strengths
Geography
Exports to Nigeria, Saudi Arabia & Sri Lanka.
DRHP p.128 · Exports
Industry and macro context
Industry
Specialty Chemicals
DRHP p.94
Market size
Rs 1,000 billion
DRHP p.92
Market size
Rs 5,800 - 6,200 billion
DRHP p.92
Market size
Rs 1,443 billion
DRHP p.94
Market size
Rs 401 billion
DRHP p.106
Growth driver
Increased intensity of consumption
DRHP p.95
Growth driver
End-use demand
DRHP p.95
Growth driver
Improved consumption standards
DRHP p.95
Growth driver
Government initiatives
DRHP p.95
Regulatory context
Draft National Chemical Policy aims to increase chemicals sector share in GDP
DRHP p.95
Regulatory context
Industrial licensing done away with for most chemicals except hazardous ones
DRHP p.95
Regulatory context
FDI up to 100% allowed in chemicals sector
DRHP p.96
Regulatory context
REACH regulation impacts exports to EU
DRHP p.110
Financial highlights
Profit after tax
-2,740
p.49
Profit after tax
-1,217
p.49
Profit after tax
14,958
p.49
Profit after tax
9,018
p.49
Operating cash flow
20,097
p.50
Operating cash flow
12,773
p.50
Operating cash flow
42,236
p.50
Operating cash flow
80,259
p.50
Risks and red flags
Top risk
Our Company, our Promoters, our Group Company and our Directors are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on our business, results of operations and financial condition.
DRHP p.17
Top risk
Our Company has negative cash flows in the previous financial years, details of which are given below. Sustained negative cash flow could impact our growth and business.
DRHP p.22
Top risk
Our Company has not yet obtained certain statutory and regulatory licenses, registrations and approvals required to operate our manufacturing facility... we cannot assure that we will not be penalized for such non-compliance under the relevant laws which could adversely affect our business operations and financial condition.
DRHP p.19
Top risk
We operate in a competitive business environment, both globally and domestically. Competition from existing players and new entrants and consequent pricing pressures may adversely affect our business, financial condition and results of operations.
DRHP p.27
Customer/supplier risk
We have not entered into any long term or definitive agreements with our customers.
DRHP p.26
Customer/supplier risk
We have not entered into any long term or definitive agreements with our raw material suppliers.
DRHP p.25
Customer/supplier risk
We are subject to product liability claims with respect to quality and defects in our products in India as well as in other countries where we sell our products.
DRHP p.27
Financial risk
We have certain contingent liabilities and our financial condition and profitability may be adversely affected if any of these contingent liabilities materialize.
DRHP p.21
Financial risk
We are exposed to foreign currency exchange rate fluctuations, which may harm our results of operations, impact our cash flows and cause our financial results to fluctuate.
DRHP p.21
Financial risk
Unsecured loans taken by our Company, the Promoters, Group Companies or associates can be recalled by the lenders at any time.
DRHP p.24
Financial risk
Our loan agreements with various lenders have several restrictive covenants and certain unconditional rights in favour of the lenders, which could influence our ability to expand, in turn affecting our business and results of operations.
DRHP p.24
Regulatory risk
There have been some instances of non-filing / delays / incorrect filings in the past with certain statutory authorities.
DRHP p.18
Regulatory risk
Our Company has not yet obtained certain statutory and regulatory licenses, registrations and approvals required to operate our manufacturing facility... we cannot assure that we will not be penalized for such non-compliance under the relevant laws which could adversely affect our business operations and financial condition.
DRHP p.19
Regulatory risk
Our business is subject to a variety of safety, health and environmental laws, labour, and workplace related laws and regulations.
DRHP p.28
Offer and advisors
Lead manager Vivro Financial Services Private Limited DRHP p.54
Registrar Link Intime India Private Limited DRHP p.55
Object of issue To fund the capital expenditure for setting up new manufacturing facility at Plot 336, GIDC Waghodia, Vadodara, Gujarat DRHP p.75
Object of issue General Corporate Purposes DRHP p.75
Object of issue Creating a public trading market for the Equity Shares of our Company by listing them on the SME Platform of NSE (NSE EMERGE) to enhance our visibility and brand DRHP p.75
Governance
Promoter Mr. Chandresh S. Parikh DRHP p.155
Promoter Mr. Atil C. Parikh DRHP p.155
Promoter Mr. Rajesh C. Parikh DRHP p.156
Promoter 20 Microns Limited DRHP p.155
Related-party transaction Related party transactions exist for the last five financial years and six months ended September 30, 2017 as per Accounting Standard 18, detailed in Financial Statements - Related Party disclosures on page 223. DRHP p.166
Documents
Data sources: NSE . Data quality review, 1 warning.