Shanti Inorganics Ltd

Shanti Inorganics Limited was incorporated as 'Shanti Inorgo Chem (Guj) Private Limited' as a Private Company in Ahmedabad, Gujarat, pursuant to a Certificate of incorporation dated January 13, 2010, issued by the Registrar of Companies, Gujarat. It was converted into a public Company to 'Shanti Inorgo Chem (Guj) Limited' on March 1, 2025. Further, the name of the Company was further changed from 'Shanti Inorgo Chem (Guj) Limited' to 'Shanti Inorganics Limited' and a fresh Certificate of Incorporation dated May 6, 2025, was issued by the Registrar of Companies, Central Processing Centre. Company is engaged in the business of manufacturing and trading of sulphur based inorganic chemicals. The product portfolio consists of ammonium bisulphite, sodium bisulphite solutions, sodium meta/ bisulphite, and sodium sulphite powder, which are primarily used as preservatives, reducing agents, oxygen scavengers and process intermediates across multiple industries such as oil drilling, pharmaceuticals, food and beverages, pulp & paper and water treatment. In the inorganic chemical industry, products are categorized into two grades, food grade and technical grade. The manufacturing facilities are located at Vatva and Bavla, in Ahmedabad with an installed capacity of 16,200 MTPA and 18,000 MTPA, respectively. The Company took over the running business of a partnership firm of the Promoters namely 'Shanti Industries' via going concern basis vide Takeover Agreement with effect from April 01, 2010. Since then, it has consistently expanded its production and operational capabilities. It commenced the business with production of sodium bisulphite in a powder form and thereafter started manufacturing of sodium bisulphite in a liquid form as well as started manufacturing of sodium metabisulphite, a higher-grade derivative of sodium bisulphite. In 2016, Company further expanded our product portfolio by commencing the manufacturing of ammonium bisulphite solutions. It transitioned from using sulphur burning furnaces to procuring liquefied sulphur dioxide (SO2), which improved production efficiency, reduced emissions and enhanced environmental compliance in 2019. It expanded the installed capacity from 10,700 MTPA to 16,200 MTPA by investing in new plant equipment, including dryers, centrifuges, storage tanks and heat exchangers in 2022. The Company has commenced Phase I production of Manufacturing Unit II in FY 25. Company is planning the initial public offering of 50,00,000 equity shares of face value of Rs 10 each through fresh issue.