Fineotex Chemical

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Fineotex Chemical Limited
Traded asBSE: 533333[1]
NSE: FCL[2]
IndustryChemicals
Founded1979
HeadquartersMumbai, Maharashtra, India
Key people
Surendra Tibrewala
(Chairman & Managing Director)
Sanjay Tibrewala (Executive Director & CFO)
Aarti Jhunjhunwala (Executive Director)
ProductsSpecialty Textile chemicals
Number of employees
350+
Websitewww.fineotex.com

Fineotex Chemical Limited (BSE: 533333, NSE: FCL) (ISO 9001:2015, ISO 14001:2015 and OHSAS 18001:2007 certified) is a multinational company headquartered in Mumbai, India.[3][4][5][6][7][8][9][10] Fineotex has engaged in manufacturing of Speciality chemicals and Enzymes for Textile and Garment Industry, Water Treatment Industry, Leather Industry, Construction Industry, Paint Industry Agrochemicals, Adhesives and others.[11][12] Fineotex Chemical has a wide range of products and offers an entire range of Specialty chemicals used in Textiles & Garments Processing namely the Printing, Pre-treatment, Dyeing and Finishing Process. The plants of Fineotex are located in Navi Mumbai and Selangor in Malaysia.[11][5][13]

Fineotex has been ranked amongst India's Top 1000 Companies by National Stock Exchange of India.[14]

History

In 1979, Fineotex group was founded by Surendra Tibrewala and it had been incorporated on 30 January 2004 as a private limited company with the name Fineotex Chemical Pvt Ltd in the State of Maharashtra.[15] Fineotex has been promoted by Tibrewala family. Fineotex is listed on the Bombay Stock Exchange (BSE: 533333)[1] and the National Stock Exchange (NSE: FCL).[2] Fineotex is the only textile chemical company in India which is listed on the Stock Exchange and many investment houses like Reliance Wealth holding a stake in Fineotex. In October 2007, the company went public as a Fineotex Chemical Ltd. During the year, Fineotex got ISO 9001:2000 from JAS-ANZ Certification. In 2011, Fineotex Chemical Ltd incorporated a Wholly Owned Subsidiary in Malaysia to continue the business in that region.[16][5]

In 2015, Fineotex was recognized as Star Export House by Directorate General of Foreign Trade, Ministry of Commerce and Industry.[11][3] Fineotex has 87 distributors in India, number of customers worldwide and also well-known corporate. Fineotex has got clients from many industries like Textile & Garment, Construction Industry, Water Treatment, Leather, Agrochemical, and Paper & Adhesives.[16]

Collaboration

In 2011, Fineotex got into a partnership with a European founded Specialty Chemical Manufacturing Company. The plant is situated in Malaysia and is managed and owned by European founded specialty chemical.

Awards and recognition

  • In 2015, Fineotex got recognized as a Star Export House[11][17]
  • On 20 December 2017, Fineotex was awarded the Fastest Growing Manufacturer Chemical Company by Investors' Protection Fund (IPF) at Bombay Stock Exchange.[18][19]

See also

References

  1. ↑ 1.0 1.1 "Fineotex Chemical Limited - BSE Ltd. (Bombay Stock Exchange)". Bombay Stock Exchange. Retrieved 6 January 2018.
  2. ↑ 2.0 2.1 "Fineotex Chemical Limited - NSE - National Stock Exchange of India Ltd". National Stock Exchange of India. Retrieved 6 January 2018.
  3. ↑ 3.0 3.1 "Latest Fineotex chemical ltd information at www.indiainfoline.com". India Infoline. Retrieved 6 January 2018.
  4. ↑ "FINEOTEX CHEMICALS - The Free Press Journal" (PDF). The Free Press Journal. 21 February 2012. Retrieved 6 January 2018.
  5. ↑ 5.0 5.1 5.2 "Fineotex Chemical Ltd. Niche player in textile chemicals" (PDF). India Infoline. 10 August 2016. Retrieved 6 January 2018.
  6. ↑ "Amitabh Bachchan raises stake in Fineotex Chemicals to 5.58 pc" (PDF). Financial Express. 27 February 2015. Retrieved 6 January 2018.
  7. ↑ "Fineotex Chemical IPO on Feb 23, price-band fixed at Rs 60-72" (PDF). IBN Live. 15 February 2011. Retrieved 6 January 2018.
  8. ↑ "Three initial public offers (IPOs) to be launched this week". India Today. Retrieved 6 January 2018.
  9. ↑ "Three IPOs to be launched this week". The Times of India. 20 February 2011. Retrieved 6 January 2018.
  10. ↑ "Bachchan Uses Weakness to Strengthen His Holdings" (PDF). The Economic Times. Retrieved 6 January 2018.
  11. ↑ 11.0 11.1 11.2 11.3 "FINEOTEX CHEMICAL LTD. (FCL) - COMPANY HISTORY". Business Standard. Retrieved 6 January 2018.
  12. ↑ "Fineotex Chemical Ltd(NSE:FCL) - Google Finance". Google Finance. Retrieved 6 January 2018.
  13. ↑ "Fineotex Chemical IPO opens on Feb 23" (PDF). Moneycontrol.com. 14 February 2011. Retrieved 6 January 2018.
  14. ↑ "Compliance Information - NSE India". National Stock Exchange of India.
  15. ↑ "About Fineotex Chemical Ltd". The Economic Times. Retrieved 6 January 2018.
  16. ↑ 16.0 16.1 "Fineotex Chemical Ltd". NDTV. Retrieved 6 January 2018.
  17. ↑ "Fineotex Chemical receives Star Export House certification". Business Standard. 29 October 2015. Retrieved 6 January 2018.
  18. ↑ "Fineotex Chemical wins award for Fastest Growing Company in Chemical Manufacturing Sector". Business Standard. 21 December 2017. Retrieved 6 January 2018.
  19. ↑ "Awarded as The Fastest Growing Chemical Manufacturing Company". The Economic Times. 21 December 2017. Retrieved 6 January 2018.

External links


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