Sarang Chemicals Ltd

Key Stats

₹0.12
Day's Price Range
₹0.12
₹0
52-Week Price Range
₹0.12

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 92
EPS
Rank 93
BVPS
Rank 102
Dividend Yield
Rank 69
ROE
Rank 148
Price To Book Ratio
Rank 84
Debt To Asset
Rank 102

Company Information

Incorporated in May 89 as a private limited company Sarang Chemicals was converted into a public limited company in 1995. It was promoted by Mohan A Patil Rajendra N Mhatre and Shirish C Mulay.The company manufactures sodium hydrosulphite inst. cap. : 3 tpd. Commercial production commenced in Dec.94 at its unit in Ankleshwar Gujarat. Sarang came out with a public issue in Jun.96 to partfinance the expansion of its capacity to manufacture sodium hydrosulphite from 900 tpa to 2400 tpa. Sodium hydrosulphite is used in textile dye stuff leather paper pulp sugar clay jaggery and in manufacturing pharmaceutical products.Due to stiff competitionmanufacturing of Sodium Hydrosulphite remained low and hence the company has suspended the production of the same.
OrganisationSarang Chemicals Ltd
HeadquartersAhmedabad
IndustryChemicals