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SNXT50BETA · ETF > ETF Listing date: March 13, 2019

Vision Organics Ltd. was incorporated in 1994. The company is presently engaged in the manufacturing of whole range of PVC plasticizers and is one of the largest manufacturers of PVC plasticizers in India. Mr. Jatin H. Shah promoted this company and is its Chairman and Managing Director.

The production range of the company is Di Octyl Phthalate (DOP), Di Iso Octyl Phthalate (DIOP), Di Butyl Phthalate (DBP), Tri-Octyl Tri Mellitet (TOTM) and 2ISO Phthalate. The end customers for the company's products are the manufacturers of PVC Rexines, PVC Cables, PVC Pipes, PVC Films and PVC Shoes.

The company has taken up an expansion project with a view to increase the installed capacity of PVC plasticizers from 21,600 MT per annum to 45,900 MT per annum. The expansion project has been located at Naroli, Silvassa and has already commenced commercial production from FY99.

The company came up with a public issue of 3.6 m shares in the year 200. The main objectives of the issue were to meet the ongoing capital expenditure of the company and to meet the working capital margin.