Mitsu Chem Plast IPO Analysis @ Chanakyanipothi.com,
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Mitsu Chem Plast IPO Promoters
JAGDISH DEDHIA, SANJAY DEDHIA AND MANISH DEDHIA

Mitsu Chem Plast IPO Company Details
Mitsu Chem Plast is a packaging solutions provider engaged in the business of manufacturing polymer based molded products mainly used for industrial packaging for industries like chemicals, agrochemicals, pharmaceuticals, lubricants, food and edible oil. It also manufactures polymer based molded hospital furniture parts which are supplied to hospital furniture manufacturing companies. It also caters to the polymer-based product requirements of various other industries including automobile and infrastructure. It uses blow molding and injection molding technologies for manufacturing its products.

Its product verticals include the following:
# Molded Industrial Packaging – Blow molding products such as jerry cans, bottles, drums (wide mouth, narrow mouth, open top), barrels, carboys, open top drums, jars, etc. ranging from 100 ml to 250 litres.Injection molding products such as caps, closures, bungs, lids, handles, lugs, measuring cups, glass bottle caps, etc.
# Hospital Furniture Parts – Head bows, side railings, planks commonly known as ABS panels, over bed tabletop, bed side locker parts, spine boards, CPR boards, etc.
# Others – Plastic parts of chairs used in school, bus and sports stadiums, medical devices such as pregnancy kit, malaria kit, HIV kit, inhalers and automotive component
For more information, click https://www.mitsuchem.com

Objects of the IPO
The company proposes to utilize the Net Proceeds from the Issue towards funding
1. Repayment/pre-payment, in full or part, of certain borrowings availed by the Company;
2. Funding working capital requirements of the Company

Go to SME IPOs Section: Click