Amtech Esters Limited
BBSE:AMTECH96.50
INR
-3.15
(-3.16%)
ISIN
INE0RMA01019
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Company Description
- Sector
- Process industries
- Industry
- Chemicals: specialty
- Address
- Jhajjar India
- IPO Date
- Sep 17, 2026
- Website
- amtechesters.com
- Similar Companies
- Business
- Amtech Esters Limited is an India-based specialty chemicals manufacturer and distributor specializing in unsaturated polyester resins, pigment dispersions, and composite raw materials. Founded in 2002 and headquartered in New Delhi, India, the company operates chemical production and processing facilities located in Bahadurgarh, Jhajjar district, Haryana. Amtech Esters serves diverse industrial business-to-business markets across India, catering to clients in the automotive, construction, transportation, electrical and electronics, marine, furniture, artificial marble, button manufacturing, and protective coatings sectors. The company operates through integrated manufacturing and trading divisions, providing an end-to-end portfolio of composite and polymer chemistry solutions. Its core manufactured product portfolio comprises over 50 stock-keeping units across more than 18 distinct grades of unsaturated polyester resins; including general-purpose resins for standard fiber-reinforced plastic molding; isophthalic resins engineered for high-performance and corrosion-resistant applications; vinyl ester resins for chemical and thermal resistance; rooflite and translucent sheet-grade resins; gelcoat formulations for smooth, weather-resistant surface finishes; casting and artificial marble resins for solid surfaces and sanitaryware; button-grade polyester resins for apparel accessories; sheet molding compound and dough molding compound resins; resin transfer molding and pultrusion-grade resins; and flame-retardant polymer matrices. Through its wholly owned subsidiary, Croda Pigments Private Limited, the company manufactures and supplies a specialized range of industrial pigment pastes, colorants, and functional additives formulated for paints, coatings, adhesives, dyes, and polymer matrix applications. In addition to its manufacturing operations, Amtech Esters maintains a commercial distribution segment supplying complementary composite manufacturing inputs; including fiberglass reinforcements such as chopped strand mats, woven rovings, and surface veils; curing catalysts and hardeners, including methyl ethyl ketone peroxide; cobalt accelerators; silicone release agents; and ancillary processing chemicals. In recent strategic developments, Amtech Esters completed its initial public offering in September 2026, raising approximately INR 17.88 crore through a fresh issue of equity shares and successfully listing on the BSE SME platform under the ticker AMTECH. Prior to the listing, the company reorganized its corporate structure in December 2023, converting from Amtech Esters Private Limited into a public limited company under its present name. To vertically integrate its product offerings and broaden its specialty chemical footprint, the company acquired complete ownership of Croda Pigments Private Limited, consolidating it as a wholly owned operating subsidiary. Additionally, Amtech Esters has undertaken operational expansion through the development of a new manufacturing unit at Village Asoda in Bahadurgarh, Haryana, aimed at scaling its aggregate resin production capacity, optimizing supply chain turnaround, and addressing growing domestic demand across the Indian composites industry.