Shiv Texchem Ltd. Company History and Annual Growth Details

Our Company was originally incorporated as ‘Shiv Texchem Private Limited’ as a private limited company under the provisions of the Companies Act, 1956, pursuant to certificate of incorporation dated March 31, 2005, issued by Registrar of Companies, Maharashtra, Mumbai. (“ROC”/ “Registrar of Companies”), with the name ‘Shiv Texchem Private Limited’ bearing Corporate Identity Number U24110MH2005PTC152341. We are primarily engaged in the business of importing and distribution of hydrocarbon-based chemicals.

Subsequently, our Company was converted from a private limited company to a public limited company pursuant to special resolution passed by our shareholders at an Extra-Ordinary General held on June 11, 2024, and the name of our Company was subsequently changed to ‘Shiv Texchem Limited.’ A fresh certificate of incorporation consequent to conversion dated July 05, 2024, was issued by the Registrar of Companies bearing Corporate Identity Number U24110MH2005PLC152341.

Major events and milestones:

2005

-Incorporation of our Company ‘Shiv Texchem Private Limited’ as private limited company

-Started operation with sulphuric acid and caustic

-Achieved annual revenue of ? 1,000.00 lakhs

2014

-Achieved annual revenue of ? 5,000.00 lakhs

-Consolidated position in sulphuric acid and caustic

2019

-Achieved annual revenue of ? 20,000.00 lakhs

-Added new product viz., Phenol

-Received “Best Dealer” award from Grasim Limited

2022

-Product portfolio crossed 20 products

2023

-Achieved annual revenue of ? 1,00,000.00 lakhs

2024

-Conversion of our Company from Private Limited to Public Limited Company

-Achieved annual revenue of ? 1,50,000.00 lakhs with portfolio of 39 products

-Expanded our presence in India

-Our Company undertook a bonus issue and allotted Equity Shares in the ratio 7:1 to our current shareholders

2025

-The Company has received a Letter of Acceptance from Innovative Resins Pvt Ltd for the supply of Styrene Monomer of Rs. 4.21 crore.