Arvee Laboratories (India) Limited was incorporated as a Private Limited Company with the name 'Arvee Laboratories (India) Private Limited' on January 27, 2012 in Ahmedabad, Gujarat. Subsequently, the Company name was changed to Arvee Laboratories (India) Limited upon conversion into a Public Limited Company on September 19, 2017. Presently, the Company is engaged in manufacturing of specialized chemicals.
Initially, the control & management of the Company was with Mr. Bharat Rasiklal Chokshi, Mr Saumil Bharatbhai Chokshi, Mr. Sudhakarbhai Chhotabhai Patel and Mr. Shalin Bharat Chokshi who were the subscribers to the Memorandum of Association. Since, April 01, 2013 the control & management was completely taken over by Mr. Shalin Sudhakarbhai Patel and Mr. Shalin Bharat Chokshi.
The Company started construction of its first plant for Thiophene Derivatives in 2013. It acquired land, building and machineries from Skylink Chemicals Private Limited and started manufacturing unit. It commissioned the Thiophene Derivatives Plant in 2013. In 2014, the Company started construction of plant for Sulfo and Nitro Derivatives of Isophthalic Acid. In 2015, it commissioned the plant for Nitro Derivatives of Isophthalic Acid.
In February 2018, the Company came up with a Public Issue of 14,60,000 Equity Shares by raising money through equity aggregating Rs 8.90 Crore.
The vision of promoters, Mr. Shalin Bharat Chokshi and Mr. Shalin Sudhakarbhai Patel aims at diversifying the ac ...tivity of manufacturing specialty chemicals like Dimethyl 5-Nitroisphthalate, 2-ThiopheneCarboxaldehyde, 2-Acetyl Thiophene, Lithium Sulpho Isopthalic Acid-LiSIPA, etc that cater to the needs and demands of other businesses in India and overseas. The diversification into other chemicals are based on the yield that a particular chemical is providing by leading to low wastage and high effectiveness. Arvee has established its credibility as an approved vendor in the international market after successfully passing the Quality Audits conducted by various companies of international repute. The plant facilities and other utility services at Arvee are equipped to undertake a host of processes namely: Nitration, Sulfonation, Reduction, Esterification, Hoffman Reaction, Caustic Fusion, etc.
FAQs on Arvee Laboratories (India) Ltd
1. Can I buy Arvee Laboratories (India) Ltd from PL Capital? ›
Yes, you can invest in Arvee Laboratories (India) Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Arvee Laboratories (India) Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Arvee Laboratories (India) Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Arvee Laboratories (India) Ltd pay dividends? ›
Arvee Laboratories (India) Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Arvee Laboratories (India) Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Arvee Laboratories (India) Ltd. is ₹ 164.59 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Arvee Laboratories (India) Ltd ? ›
The 52-week high and low of Arvee Laboratories (India) Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
