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Company
:
 20 Microns Limited
Location
:
 Baroda
Promoters
:
 Promoted by Mr.Chandresh Parikh
Business
:
 Manufactures micronised minerals used as fillers and coating materials.

 
  Value-addition by GVFL  
 
Encouraged Corporate Governance practices and streamlining of systems and processes.
On GVFL’s recommendation the company has appointed an independent management consultant M/s. Avlon Consulting, formerly Business Consulting Group of Mr. Raj Nair to revamp its marketing, production and HR strategies, with the objective of achieving a turnover of Rs.200 Cr Plus in net 3 years.
GVFL has also appointed M/s. Dalal Mott MacDonald, formerly Dalal Consultants to carry out complete technical and process audit to suggest ways to improve the productivity, set-up product norms, in-put and out-put ratio for its Bhuj plant for improving profitability.
Both the organizations have completed their study and the Company has started working on it. The company has acheived the turnover of Rs 115 crore in 2007-08, making it the second largest Mining Company in Gujarat and one of the 5 large Mining companies in India.
 
     
  Achievements of the company  
 
Pioneers of Micronized minerals and coated minerals in India.
Strong R & D - for developing various products and processes. Many products developed by the company have gone a long way in helping the customers to increase filler loading, improve quality of their products and reduce their costs.
First company outside Europe and America to make Calcined china clay.
Installing magnetic separator for the first time in Asia to remove magnetic and paramagnetic impurities.
 
     
 
Status

20 Microns Limited went for initial public offering(IPO) in september 2008. It has received overwhelming response to the IPO. The issue was subscibed 4.29 times.

Email : rcparikh@20microns.com
Websites : http://www.20microns.com
 
     
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