Ashapura Minechem Limited
ASHAPURMIN.BO
Bombay Stock Exchange645.45
INR
-1.60
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Ashapura Minechem Limited
ASHAPURMIN.BO
(Bombay Stock Exchange)
Recent
price
645.45
P/E
ratio
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div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Ashapura Minechem Limited is an India-based mining, manufacturing, and trading company specializing in industrial minerals and derivative products. The company’s core product portfolio includes bauxite, bentonite, kaolin, limestone, silica sand, gypsum, bleaching clay, calcium carbonate, ceramic and silica proppants, barytes, attapulgite, clay catalysts, activated bauxite, ground calcium carbonate, calcined kaolin, white barytes, talc, and specialty refined mineral products. These materials serve a variety of industries such as aluminium, foundry, cosmetics, metal ore pelletization, construction, paper, oil well drilling and hydraulic fracturing, edible oil bleaching, petroleum refining, water purification, pharmaceuticals, ceramics, glass, paints, plastics, and building products. Ashapura is also a producer of advanced refractory materials including castables, high alumina cement, calcined bauxite, and fused alumina, additionally providing hydrocarbon exploration solutions and enriched drilling mud for oilfield operations globally. The company operates extensively in India with significant mining reserves and processing facilities, complemented by subsidiaries and offices in the UAE and China, enabling international trade and exports. Founded in 1982 and headquartered in Mumbai, Ashapura Minechem is recognized as one of the leading producers and exporters of bentonite worldwide, with over 60 million tons of sodium and calcium bentonite reserves. It caters to global markets including the North Sea, Middle East, South Asia, and Africa, offering multi-mineral solutions tailored to diverse industrial applications. Recent major developments include strategic shareholding adjustments in its subsidiary Orient Ceratech Limited and appointments in its board of directors to reinforce corporate governance. Operationally, the company continues to strengthen its multi-mineral solutions portfolio while expanding applications in emerging sectors such as polymers, aviation fuel enhancers, and specialty pharmaceuticals. These actions underline Ashapura’s strategic shift toward diversifying its product offerings and solidifying its presence in global industrial minerals markets. Ashapura Minechem Limited remains a flagship entity within the Ashapura Group, maintaining a robust position across mining, processing, and distribution of industrial minerals with ongoing investments in R&D and international operational capabilities. This comprehensive product range and geographic reach position the company as a critical supplier in mining-related mineral products and specialty minerals sectors.