- CEO
- Jayesh Raichandbhai Thakkar
- Full Time Employees
- 9
- Sector
- Energy minerals
- Industry
- Oil & gas production
- Address
- Tundav Anjesar Road Vadodara GJ India 391775
- IPO Date
- Jun 28, 2011
- Business
- Evexia Lifecare Limited engages primarily in the trading and manufacturing of various chemicals and consumer products across India. The company offers a diversified portfolio including pharma chemicals, edible oils such as cottonseed, groundnut, mustard, soybean, sunflower, and corn oil; petrochemical downstream products like special oils, special chemicals, petroleum sulphates, and solvents utilized in industries such as rubber, leather, ink, and paint. Additionally, Evexia Lifecare provides plastic granules, lubricants and greases for automotive and industrial machinery applications, and operates a plastic reprocessing plant. The company also delivers technology services including website, mobile application, and software development, alongside manufacturing electric bikes (eBikes). It operates in multiple segments such as chemicals trading, agri-products, petrochemicals, electric vehicle manufacturing, software services, and precious metals trading including gold and diamonds.
Founded in 1990 and headquartered in Vadodara, Gujarat, India, Evexia Lifecare Limited was formerly known as Kavit Industries Limited until its name change in January 2021. Recent strategic developments include the expansion of its technology services to offer global web and software development solutions and its progressive venture into electric vehicle manufacturing. The company continues to focus on diversifying its product lines and expanding operations in domestic and international markets. It also undertakes consulting, implementation, and business transformation services for clients worldwide. Evexia Lifecare has made significant operational adjustments in the last two years, including reclassification of promoter shares, board changes such as the appointment of independent directors, and steady financial performance improvement with sales rising markedly in recent quarters.
The company operates primarily within India's geographic market and maintains subsidiaries supporting its varied business lines. Evexia Lifecare serves industrial, automotive, consumer goods, technology, and precious metals sectors and targets both business and individual customers. Its comprehensive product and service offerings position it as a diversified enterprise within chemicals, petrochemicals, agri-products, technology services, and sustainable mobility solutions. The leadership team is headed by CEO Jayesh Thakkar.
Overall, Evexia Lifecare Limited stands as a multifaceted company engaged in chemical trading and manufacturing, technology solutions, and electric vehicle production, with recent corporate restructuring and strategic expansions underscoring its evolving business model and market footprint.