Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares

(i) AMOL DICALITE LIMITED was established in the year 1979 to produce, for the first time in India, Perlite Filteraids and Perlite products under the technical and financial collaboration with an American company Grefco, Inc. USA, pioneers and world leaders of Perlite products.

However, in 2018-19, Grefco Inc., USA, one of the erstwhile Promoters has sold its entire shareholding in the Company to the Indian promoters and accordingly has been declassified as Promoter. Moreover, the Company has also executed the Termination Agreement with GrefcoInc, the USA for the termination of perpetual terms of Technology Agreement which was signed by the Company at the time of its incorporation.

(ii) The company started commercial production in the year 1982. The Company’s Corporate Office is at Ahmedabad and the Plant is located at Kadi in Mehsana District, 50 km, north of Ahmedabad. During the last 38 years, the company makes steady progress in developing import substitution products in Filteraids and has successfully met the requirements of the majority of users.

Today, as on 31.03.2019, from a small beginning of 600 M.Tons per annum, they have now reached about 9000 M.Tons and developed many new applications. During this time the company’s performance improved consistently and is a profitable organization.

(iii) Amol Dicalite Limited in 2018-19, continues to be the largest producer of Perlite based products in the country with a sizeable market share. It commands a strong leadership position in the product market and brand loyalty.

The Company produces high-quality Perlite based products and supplies to domestic as well as international markets.

The Company has a wide range of products to cater to different industries depending upon the application.

(iv) The company also undertakes cryogenic insulation jobs. It has specially designed Portable Plants to carry out ON-SITE jobs. At present, the company owns 7 such Portable Plants. Large jobs have been executed in a short period of time and the technical team has acquired a high degree of expertise in performing these jobs with required high precision working.

Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares Details:

Total Available Shares:	500
Face Value:	₹ 10 Per Equity Share
ISIN:	INE701C01011
Retail Discount:	Bulk Deal (1%)

Promoters And Management:

(i) Mr. Shreyas C. Sheht Chairman & Managing Director (ii) Mrs. Priti S. Sheth Director (iii) Mr. Naishadh I. Parikh Independent Director (iv) Mr. Ashok C. Gandhi Independent Director

Financials of Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares:

(Figures in lakhs) 1. Revenue, PAT and ROCE Analysis

Year	Revenue	EBITDA	OPM	PAT	NPM	Shares	F.V.	EPS	CE	ROCE
2016	3,477	734	21%	129	4%	7.20	10	17	2,857	5%
2017	3,808	922	24%	321	8%	7.20	10	44	2,878	11%
2018	4,798	1,399	29%	805	17%	7.20	10	111	3,603	22%
2019	3,306	652	20%	247	7%	7.20	10	34	3,804	6%
2020	3753	1268	34%	772	21%	6.77	10	111	4750	16%
2021	4093	824	20.1%	478	11%	6.77	10	70	4793	18.6%
2022	4712	625	13.26%	282	6%	6.77	10	41	4702	15%

2. Debt and Net Worth Analysis

Year	Long-Term Debt	Short-Term Debt	Total Debt	NW	Debt/NW	RONW
2016	259	503	763	2,403	0.32	5%
2017	36	131	168	2,705	0.06	12%
2018	0	59	59	3,510	0.02	23%
2019	0	137	137	3,698	0.04	7%
2020	0	65	65	4673	0.01	17%
2021	956	30	986	3763	0.26	12%
2022	627	495	1122	4012	0.27	7%

3. Current Ratio, Receivable Days and Free Cash Flow Analysis

Year	Current Assets	Current Liabilities	Current Ratio	Receivable Days	CFO	Capital Exp.	FCF
2016	2,480	1,126	2.20	47	338	28	309
2017	2,437	747	3.26	55	310	12	297
2018	3,293	629	5.23	74	706	54	652
2019	3,414	437	7.81	55	303	249	54
2020	4661	475	9.81	63	310	3.20	306
2021	5203	829	6.34	84	230	11	219
2022	5237	1197	4.37	75	-33	11	-44

Review of 2018-19 (i) During the year, the revenue has been Rs. 33 Cr compared to last year of Rs. 47 Cr. (ii) Earnings before Interest, Depreciation, and Tax Adjustment (EBIDTA) have been Rs. 7.96 Cr as against Rs. 12.27 Cr of last year. (iii) Net profit for the year is at Rs. 3.94 Cr as against Rs. 6.32 Cr of last year after providing tax liability. (iv) The Board of Directors has recommended a dividend of Rs.2.50/- per share. Reviews of FY19-20 (i) During the year under review sales and operating income has been INR 33 Crores compared to last year’s INR 30 Crores. (ii) Earnings before Interest, Depreciation and Tax Adjustment (EBIDTA) have been INR 12 Crores as against INR 8 Crores of last year. (iii) Net profit for the year is at INR 7 Crores as against INR 4 Crores of last year after providing tax liability. Reviews of FY20-21 (i) During the year under review sales and operating income has been INR 26 Crores compared to last year’s INR 37 Crores. (ii) Earnings before Interest, Depreciation and Tax Adjustment (EBIDTA) have been INR 4.35 Crores as against INR 12 Crores of last year. (iii) Net profit for the year is at INR 2.74 Crores as against INR 7.7 Crores of last year after providing tax liability. (iv) EPS has reduced from Rs.111 to Rs.40 in FY21. Amol Minechem Unlisted Share Performance in FY21-22 1. The sales has increased from 40 Crores in Fy21 to 48 Crores in Fy22. 2. The EBITDA is down from 8.24 Crores in Fy21 to 6.25 Crores in Fy22. The main reason is increase in cost of raw materials due to inflation. 3. PAT has also gone down from 4.78 Crores in Fy21 to 2.82 Crores in Fy22. 4. During the year, company has received order dated January 03, 2022, on the Scheme of Amalgamation of Perlcon Premix Private Limited (“Transferor Company”) with Amol Minechem Limited (“Transferee Company”), from the Hon’ble National Company Law Tribunal, Ahmedabad Bench. 5. Amol Minechem has given a dividend of Rs. 2.5 per share in Fy21-22. Amol Minechem Annual Report 2023 Amol Minechem Annual Report 2022 Amol Minechem Annual Report 2021 Amol Minechem Annual Report 2020 Amol Minechem Annual Report 2019 Amol Minechem Annual Report 2018 Amol Minechem Annual Report 2017

Company Address:

401, “Akshay”, 53, Shrimali Society, Navrangpura, Ahmedabad-380009. T +91 79 40246246 F +91 79 26569103 E mail : info@amolminechem.com Website : www.amolminechem.com

Frequently Asked Questions:

Please find below the procedure for buying Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares at UnlistedZone.

1. You confirm booking of Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares with us at a trading price.
2. You provide your client master report (ask the broker if not available) along with PAN Card and Cancelled Cheque in case you are not transferring funds from the bank account as mentioned in the CMR Copy. These are KYC documents required as per SEBI regulations.
3. We will provide the bank details.
4. You need to transfer funds in that account.
5. Payment has to be done in RTGS/NEFT/IMPS CHEQUE TRANSFER. No CASH DEPOSIT.
6. Payment has to be done from the same account in which shares are to be credited.
7. We will transfer the shares in 24 hours if funds are credited before 2 pm.

Important Note: Please note that the lock-in period for selling Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares is 6 months after listing. Hence you can’t sell Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares which you bought in Pre-IPO for 6 months after its listing. i.e. You can sell it only after 6 months calculated from the listing date. For any queries, please contact us at sales@unlistedzone.com

Please find below the procedure for selling Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares at UnlistedZone.

1. We will confirm our buying price of Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares.
2. We will give you our client master report and you will transfer the Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares to our demat account.
3. We will ask for bank details of yours once the Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares are received in our demat account..
4. We will transfer the funds in your bank account within 24 hrs of receiving the Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares.
5. Payment will be made in RTGS / NEFT / CHEQUE TRANSFER/IMPS. No CASH DEPOSIT.
6. Payment will be given in the same account which is linked to demat account or you need to provide the cancelled cheque shows your name to verify. As per SEBI regulations, the transfer of funds in the third party account is not legal and our policy refrain us from doing so.

Note: The price at which we are buying the share is fixed for 3 days. If you cant sell your stock within 3 days, then the price of that day will be applicable when we receive shares in our demat.

Lock-in period of Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares depends upon category of investors.

1. Venture Capital Funds or Foreign Venture Capital Investor - lock-in Period of 6 months from the date of acquisition of Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares.
2. AIF-II - There is no locking period.
3. Other Investors (include Retail, HNIs or Body Corporate) lock-in Period of 6 months from the date of listing of IPO of Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares.

This new SEBI rule was introduced in the month of August-2021, wherein the SEBI has reduced the lock-in period previously from 1 year to 6 months to encourage more and more funds to be invested in startups which are going to public or IPO in near future. Reduction of lock-in is seen as big step and after that many PMS funds are advising their clients to invest in Pre-IPO shares to get the benefit of early stage investment.

DIS - Delivery Instruction Slip is the way through which an investor can sell or transfer the Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares from his/her demat account to any other demat account. There are two Types of DIS Slip.

1. Offline-DIS - This is an offline mode of transfer of shares wherein the investors needs to fill DIS form and give it to their broker for transferring the shares. Following are the fields which are required to be filled.
- a. ISIN number of Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares.
- b. Name of Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares
- c. Quantity of Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares
- d. Cosideration Amount
- e. Target DP ID and Client ID
- f. Annexure
2. Online DIS - Some of the broker these days gives facility of transferring the Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares via online DIS. So, please check with your broker whether such facility is available or not. For example: Angel Broking proivdes the facility of Online-DIS from its platform. As an investor he/she simply needs to add a beneficiary into it and send the Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares by filling the details similar to Ofline-DIS.

Read our article to understand more about this. https://unlistedzone.com/how-do-i-sell-my-unlisted-shares/

In the last 4-5 years, the unlisted share market has become quite big and as a result of that, the ticket size has reduced from usual 5-10 Lac to 35-50k in today's scenario. So, via our UnlistedZone platform, if somebody wants to buy Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares then minimum investment would be 35-50k.

Yes, buying and selling of unlisted shares in India is 100% legal.

If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.

If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 20% with indexation benefits.

After listing of shares, the unlisted shares which you have bought through unlisted market, will be taxed at listed rates, if sold through exchange. So, taxes of listed market will be applicable. And, to calculate holding time, for determining LTCG or STCG, the purchase date of unlisted shares will be applicable.

If you buy Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares from UnlistedZone then these shares can checked in two ways. However, before we tell you the process of checking of shares, it is intimated that as per SEBI regulations, the shares can be transferred in demat account only.

Check credit of Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares Instantly?

1.You can download the NSDL or CDSL application from google play-store and check. If you want to check whether your stock broker is registered with NSDL or CDSL then check the following procedure.
By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.
Demat Account = DP ID + Client ID. (16 Characters )
"DP ID is the unique identification of the Broker. Every broker gets a unique number from CDSL or NSDL.By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.
Client ID is the unique identification of the Client. Every client gets this unique number which represents his/her portfolio.
In CDSL, all these characters are numbers (1234567891234567) first 8 digits are DP ID and next 8 digits are Client Id whereas in NSDL the first two characters are letters which are in accordance with the country that you are from (IN12345678912345), then 6 unique digits for Broker and next 8 digits are client ID.
Example:
CDSL = 12345678(DP ID) and 91234567(Client ID).
NSDL = IN123456 (DP ID) and 78912345(Client ID).
Check in brokers application?
Credit of Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares can be checked in brokers application as well but it takes T+2 days to show the shares.

The Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares are credited in demat account same day of transferring funds in our company's bank account.

The price of Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares can be checked in two ways. First, you can join our telegram channel where on daily basis we share the latest prices of all the unlisted shares in the morning and secondly, you can register on UnlistedZone.live platform to see the historical graphs and prices of all the shares at one place.

If you see the thesis of investment in the unlisted shares then it is being done mainly to take the advantage of IPO market. And, if the IPO plans of company get delayed due to market conditions or any other reason then demand suddenly drops in the market. The unlisted market works mainly on demand and supply and if there is no IPO news then getting exit would be difficult.

"UnlistedZone is India's fastest and leading marketplace to buy and sell unlisted shares. In the last 3 years, we have already served more than 1 million users on the platform. The total transactions value done from the platform is already more than 100 Crores. The name of our Co-founders Mr. Umesh Paliwal and Dinesh Gupta publish regularly in leading newspapers like MoneyControl, Business-Standard, ET etc for their views on IPO and Unlisted market. In the last 3 years, UnlistedZone has made a good name for itself in the industry and gained a trust of their users. So, the new investors should not be worried about any kind of fraud that is mostly happens with unkown brokers in the market while doing investment with UnlistedZone."

We at UnlistedZone do the valuation based on 2 methods.

1. We check the last funding that is being done in the Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares to ascertain the benchmark valuation.
2. If there is no funding happened in the company, then we try to find a business similar to Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares in the listed space and do comparison method to ascertain the valuation.

As an investor in the unlisted space, we would always recommend that you must check all the risk parameter carefully before investing in the unlisted space.

We source shares either from the employees or initial investors looking to liquidate their Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares.

Pre-IPO shares means which are planning for an IPO in near future. So, all the shares which are traded on the platform are not Pre-IPO Shares. However, if the company's business is going good and then demand will always be there in the unlisted space, so even if the IPO does not come, the investors can easily liquidate their Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares in the unlisted market itself.

Rules and regulations of SEBI are applicable in the Unlisted space like lock-in period of 6 months, paying of Stamp Duty, and DP Charges for every transaction etc. However, to become an unlisted broker there is no such regulation by SEBI as of yet.

For tracking news and other information about Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares, one can visit our website wherein we post news and other information on daily basis and one can also join our telegram channel.

Discussion on Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares:

5 Comments

Umesh Paliwal

11:05 AM, 4 March 2021

They have done buyback of shares at Rs. 475 per share.

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Market Wizard

7:52 AM, 15 March 2020

Grefco Inc., USA, one of the erstwhile Promoters has sold its entire shareholding in the Company to the Indian promoters and accordingly has been declassified as Promoter. Moreover, the Company has also executed the Termination Agreement with GrefcoInc, USA for the termination of perpetual terms of Technology Agreement which was signed by the Company at the time of its incorporation.

Further, the Board of Directors at their meeting held on 6th May, 2019 has proposed to change the name of the Company from “Amol Dicalite Limited” to “Amol Minechem Limited” or any other name as may be approved by Registrar of Companies, Gujarat.

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Market Wizard

10:04 AM, 14 March 2020

The Company name has been changed with effective date 15/07/2019 to Amol Minechem Limited.

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Pradip Modi

1:38 PM, 12 February 2019

I m holding 100 shares want to sell @ 900

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sonam kumar yadac

12:52 PM, 10 June 2021

ok sell me

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Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares

Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares Details:

Promoters And Management:

Financials of Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares:

Company Address:

Frequently Asked Questions:

Discussion on Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares:

5 Comments

Umesh Paliwal

Market Wizard

Market Wizard

Pradip Modi

sonam kumar yadac

Leave a Reply Cancel reply

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Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares

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Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares Details:

Promoters And Management:

Financials of Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares:

Company Address:

Frequently Asked Questions:

Discussion on Amol Minechem (Earlier Amol Dicalite) Limited Unlisted Shares:

5 Comments

Umesh Paliwal

Market Wizard

Market Wizard

Pradip Modi

sonam kumar yadac

Leave a Reply Cancel reply

Imp. Links

Imp. Links

Our Office :