Mahickra Chemicals Ltd Company Summary

Mahickra Chemicals Limited was originally constituted as a partnership firm with the name Mahak Dye Chem Industries on June 21, 1994. Subsequently, it was converted into a public limited company pursuant to partners special resolution passed at its Extra-ordinary General Meeting of the firm held on September 05, 2017 and the name of the firm was changed to Mahickra Chemicals Limited on November 13, 2017.Miteshkumar Champaklal Gandhi, Ashishkumar Champaklal Gandhi, Komal Mitesh Gandhi, Anitaben Ashishbhai Gandhi, Champaklal Kachralal Gandhi, Jayantilal Sakarchand Shah and Pravin Popatbhai Patel were the initial subscribers to the Company.The Company is in the business of manufacturing of Reactive Dyes since year 1998, while the business of trading in Reactive Dyes was started in year 1994. The Company manufactures Reactive Dyes also known as Synthetic Organic Dyes (S.O.Dyes) and has an integrated process. The company specialises in Black Reactive Dyes. The company manufactures 40 various types of Reactive Dyes. The product of the company caters to textiles & garments manufacturers. The company also offer specialty performance chemicals to the Textile Dyeing and printing industry. The manufacturing facility of the company is situated at Vatva GIDC in Gujarat. The company is an ISO 9001:2015, ISO 14001:2015 and GOTS certified company.The Company is promoted and managed by Mr. Miteshkumar Champaklal Gandhi, Mr. Ashishkumar Champaklal Gandhi and Mrs. Komal Mitesh Gandhi. The promoters are actively and fully involved in the day-to-day affairs of the companys operations. Under the leadership of the promoters, the company has seen remarkable growth both in operations and financial performance.The Company manufactures dyes of various concentrations which is the deciding factor for the pricing of the product. The Company concentrates on Black Dyes segment. The Company generates most of its revenue from export operations and products of the company are exported to countries like, Turkey, Egypt, Bangladesh, etc.

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Risk Disclosure on Derivatives

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to Rs. 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.

ATTENTION INVESTORS

Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

Risk Disclosure on Derivatives

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to Rs. 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.

Mahickra Chemicals Ltd Company Summary

ATTENTION INVESTORS

Risk Disclosure on Derivatives

We are ISO 27001:2013 Certified.

MARKET

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ATTENTION INVESTORS

Risk Disclosure on Derivatives

We are ISO 27001:2013 Certified.