Chemtech Industrial Valves Ltd Share Price

Chemtech Industrial Valves was founded in the year 1997 by Pradeep Badkur and Ignatious Inasu. The company’s manufacturing operation commenced in 1997 at Nirmal Ashish Industrial Estate, Asangaon. Starting with two galas, in the year 2007 the company’s facilities were spread over five galas with an outshed. To consolidate the company’s operations, operations were moved to the state-of-the-art manufacturing unit located at Wada, Maharashtra, which was acquired by the company in the year 2012.

The company has received industry and client recognition by way of specific accreditations and certifications which bear a testimonial to its capability to deliver and supply its products to a wide range of customers. The company has obtained ISO-9001:2008 certification for quality management system issued by SWISS CERT. Moreover, the company has been granted the status of an “Approved Manufacturer”, “Approved Supplier”, or “Approved Vendor” by several leading steel companies, oil & gas companies, fertilizer companies and engineering consultants. Further, several of the company’s product lines and products have been tested and approved by leading companies for supply to them.

The company is a manufacturer of high quality valves. It has international standard facilities at Wada, to suit most of the piping related requirements. Most of its valves are tailor made to meet its customers’ specific requirements. The company works in close tandem with its clients to match the valves to their most complex applications. The company’s valves have proved suitable, right from providing 3 millisec cycling time, to the most secure Safety Valves for the utmost critical requirements. Many of its design innovations have been the direct result of working closely with the company’s customers’ to solve difficult applications at their end.

The company’s manufacturing facility is spread over an area of approximately 12000 sq mts and is equipped with standard machines suitable for carrying out the manufacturing operations smoothly and efficiently. The company’s products are supplied under the brand “CHEMTECH” to its customers in India and abroad. The company took up the business of trading in steel wire rods in the year 2012-13.

Business area of the company

The company is engaged in the business of manufacturing carbon steel and stainless steel industrial valves of various types & sizes ranging from 15mm up to 4000mm. The company manufactures and supplies various types of ball, butterfly, globe, gate and check valves and have a significant customer base in the steel industry.

It also supplies products to customers in the oil and gas (including petro-chemical) industry, infrastructure (including pipelines), process industries (including pharmaceuticals, chemicals, intermediaries and fertilizers), nuclear space and defence industry.