Anupam Rasayan India is one of the leading companies engaged in the custom synthesis and manufacturing of specialty chemicals in India (Source: F&S Report). It commenced business as a partnership firm in 1984 as a manufacturer of conventional products and have, over the years, evolved into custom synthesis and manufacturing of life science related specialty chemicals and other specialty chemicals, which involve multi-step synthesis and complex technologies, for a diverse base of Indian and global customers. The key focus in its custom synthesis and manufacturing operations is developing in-house innovative processes for manufacturing products requiring complex chemistries and achieving cost optimization.
Anupam Rasayan India has two distinct business verticals
life science related specialty chemicals comprising products related to agrochemicals, personal care and pharmaceuticals,
other specialty chemicals, comprising specialty pigment and dyes, and polymer additives.
In Fiscal 2020 and in the nine months ended December 31, 2020, revenues from our life science related specialty chemicals vertical accounted for 95.37% and 93.75%, respectively, of the company revenue from operations, while revenue from other specialty chemicals accounted for 4.63% and 6.25%, respectively, of its revenue from operations, in such periods.
According to the F&S Report, there exist significant entry barriers in the custom synthesis and manufacturing industry including customer validation and approvals, high quality standards, stringent specifications, and expectation from customers for process innovation and cost reduction. Further, the acquisition of a customer is a long process since the end-customer is required to register the manufacturer with the regulatory bodies as a supplier of intermediate products or active ingredients (Source: F&S Report).
Anupam Rasayan India have developed strong and long-term relationships with various multinational corporations, including, Syngenta Asia Pacific Pte. Ltd., Sumitomo Chemical Company Limited and UPL Limited that has helped it expand the product offerings and geographic reach across Europe, Japan, United States and India. In particular, The company have been manufacturing products for certain customers for over 10 years. In the nine months ended December 31, 2020, It manufactured products for over 53 domestic and international customer, including 17 multinational companies.