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JHS Svendgaard Laboratories Ltd. Company History and Annual Growth Details

Our company was incorporated on October 8, 2004 with the main object of manufacturing, exporting Trading, buying and selling of Oral Hygiene products (including tooth brushes & tooth paste) whether raw, semi-finished or finished products and procured certificate of commencement of business on May 6, 2005.

We decided to set-up up integrated facility at Kala Amb, District Sirmour in the State of Himachal Pradesh to manufacture Oral Hygiene products.

The history of our Company goes back to the history of three firms namely M/s Sunehari Oral Care & M/s Jai Hanuman Exports of which Mr. Mr.Nikhil Nanda was the proprietor and M/s Sunehari Svendgaard Laboratories of which Ms. Sushma Nanda was the Proprietor. These concerns manufactured oral care products for private label manufacturers of various national and international brands selling those products under their name.

In August, 2005 the subscribers to Memorandum and Articles of Association viz. Mr. Nikhil Nanda and Ms. Sushma Nanda analysing the potential in both Indigenous as well as International oral health care market, and to have synergies of operations decided to consolidate and corporatise the business by taking over the running business of these proprietorship concerns.

Our Company vide agreement dated July 27, 2005 and supplementary agreement dated August 1, 2005 took over the running business of the above three-proprietorship concerns w.e.f. April 1, 2005, by valuing the assets and liabilities at their book values. In lieu of the takeover of these business our Company issued 30 lacs equity shares of Rs. 10 each at par, out of which 1,11,400 equity shares to Ms. Sushma Nanda and 28,88,600 equity shares to Mr. Nikhil Nanda and in addition to this we paid cash, Rs. 20.20 lacs and Rs. 432.95 lacs to the respective parties.

Our Company has recently started manufacturing and supplying whitening products as private label manufacturer including mouth rinse and whitening gel for one of our customers, which have been introduced for the first time in the Indian market.

Our Company proposes to set up a integrated manufacturing facility including Anchorfree toothbrush manufacturing facility in Sirmour, Kala Amb, Himachal Pradesh and also proposes to increase the installed production capacities of existing products at NSEZ to cater the needs for indigenous as well as international oral care market and become a one-stop solution for Dental Products.

The brief profile of erstwhile proprietorship concerns, which were taken over by us are as under:
Unit I - Sunehari Svendgaard Laboratories

Sunehari Svendgaard Laboratories was established as partnership concern by Mr. Nikhil Nanda, Ms. Sushma Nanda and their relatives & friends on August 1, 1997. It was constituted to do the manufacturing and trading of toothbrushes, all kinds of household goods plastic goods including additional accessories for toothbrush like tongue cleaner, packing tray, hygiene cap etc. and all other allied goods.

The partnership was terminated on March 31, 2002 by a dissolution deed and on April 1, 2002, SSL was subsequently constituted as proprietorship concern under the control of Ms. Sushma Nanda with the same object and continued its business till July 26, 2005 and was finally taken over by our Company.

Achievements

2004 :

-JHS Svendgaard Laboratories Limited was incorporated

-Unit III-JHE was awarded as the Top Exporter of Toothbrushes and Dental Plates fromIndia as certified by PLEX Council (sponsored by Ministry of Commerce)

2005:

-Takeover of the three concerns, which are currently the three unit of the Company viz. Unit I- SSL, Unit II - SOC and Unit III - JHE on a going concern basis by valuing the assets and liabilities at their book values

-IndiaÂs first manufacturer of toothbrush range with Whitening bristles, by releasing CaCo3 + NaF imported from PEDEX Germany

-Unit III-JHE became eligible for the Star Export House status and applies for registration as Star Export House.

2006

-JHS Svendgaard receives Top Exporter Award for Toothbrushes & Dental Plate Brushes

2007

-JHS Svendgaard has set up a new subsidiary in the Ras-Al-Khaimah, Free Trade Zone, UAE with the name "Jones H Smith FZE".

-JHS Svendgaard has received the Top Exporter of Toothbrushes including Dental Plate Brushes from India award again FOURTH time in a row, from 'The Plastics Export Promotion Council (PLEX)', sponsored by Ministry of Commerce, Government of India.

2009

-JHS Svendgaard Laboratories have received the Best Performing Enterprise Award "Runner-up" at Plasticon Awards 2009 for "Complete Range of Oral Care Products".

2010

-JHS Svendgaard has recommended payment of Final Dividend of Rs. 0.50/- per equity share of the face value of Rs. 10/- each

2011

-JHS Svendgaard has entered an agreement with Amway India Enterprises Private Limited to manufacture the Amway Persona Toothbrushes on the terms and conditions as mutually agreed between the parties.

2012

-JHS Svendgaard has entered into an Agreement with the Colgate Palmolive (India) Limited to manufacture and supply tooth brushes on job work basis.

2013
-JHS Wins Certificate Of Excellence.

2014
-Mr. Neeraj Kumar has been appointed as the CFO of the Company.
-Ms. Isha Sablok, has been appointed as Company Secretary of the Company.

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