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Feb 17, 2017 12:54 PM IST | Source:

Krishna Phoschem SME IPO to open on 13th Feb

HEM securities has come out with its report on Krishna Phoschem SME IPO

Business Overview

Management Team of the Group
The Company is engaged in manufacturing of fertilizers, dyes intermediate and
other allied chemical products in Madhya Pradesh covering products such as
Beneficiated Rock Phosphate (BRP), Single Super Phosphate (SSP), Granulated
Single Super Phosphate (GSSP), H-Acid, dyes intermediate and other allied
chemicals. SSP and GSSP are used in replenishing “P” (Phosphorous) in the soil
and act as a fertilizer for crop and the chemicals produced by the Company are used
as Dye intermediate specifically for textiles Industry.

The company is part of the Ostwal Group of Industries (OGI). Its sister concern,
Madhya Bharat Agro Products Limited (MBAPL) brought its IPO in Sept.'16 on
NSE Emerge platform and has been successful in giving returns of about 20% to its
shareholders on the listing date itself. The Share of MBAPL is presently traded at
return of 100% from Issue Price within time period of three months from Listing.

Currently, the Company has two manufacturing units located in Jhabua, Madhya Pradesh and its in process for installation of Unit – III in Jhabua, M.P. for manufacturing of Sulphuric Acid, Chloro Sulphonic Acid, Liquid
SO3 and other allied chemicals.

• The Company is ISO 9001:2008 certified company for manufacturing & supply of Beneficiated Rock Phosphate (BRP), Single Super Phosphate (SSP) and Granulated Single Super Phosphate (GSSP). Our manufacturing facilities are well equipped with required facilities.

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