Platinum Industries Ltd Company Summary

Platinum Industries Limited was originally incorporated as a Limited Liability Partnership under Platinum Industries LLP on August 19, 2016, issued by Central Registration Centre. Subsequently, Company was converted into a Private Limited company named Platinum Industries Private Limited dated July 09, 2020. Further, Company got converted into a Public limited company to Platinum Industries Limited and a fresh Certificate of Incorporation dated June 02, 2023 was issued by the ROC.Platinum Industries is a premier multi-product company in the specialty chemicals sector, specializing in PVC and CPVC additives, metal soaps, and lubricants.

Having a facility in Palghar, Maharashtra, it supplies to over 30 countries. Key products include lead stabilizers, low lead stabilizers, calcium zinc/ organic stabilizers, CPVC compounds, and various lubricants used in PVC pipes, fittings, profiles, electrical wires, cables, SPC floor tiles, and packaging materials. Apart from these, it undertake trading activities of associated commodity chemicals such as titanium dioxide and PVC/CPVC resin.The Company started production of lead and non-lead based PVC Stabilizers in 2016; started production of CPVC additives and lubricants in 2018; set up a Manufacturing Facility at Palghar, Maharashtra in 2019; started production of Hybrid (Low Lead) PVC stabilizers in 2020.

Thereafter, production of organic based stabilizers commenced in 2021 and manufacturing operations of Polyethylene waxes (PE waxes) in 2022.The Company launched the initial public offering by issuing 13,761,225 Equity Shares having the face value Rs 10 by raising funds via fresh issue aggregating to Rs 235.3 Crore in February, 2024.The Phase I site with a 12,000 MTPA, has commenced operations at Palghar Plant in August, 2025.The commercial production commenced at Palghar facility effective from May 21, 2026.