About Indo Amines Limited

Indo Amines Limited, established in 1994, is an Indian chemical manufacturer specialising in Fine, Specialty and Performance Chemicals used across Pharmaceuticals, Agrochemicals, Fertilisers, Petrochemicals, Road Construction, Pesticides, Perfumery Chemicals, Dyes and Intermediates. The company offers a broad product basket and technical services to customers in India and overseas, with manufacturing facilities located at Baroda, Dhule, Mahad, Badlapur and Dombivli. Its quality systems are certified to ISO 9001, ISO 22000, ISO 14001 and ISO 45001, underscoring its focus on quality, safety and environmental management.

Indo Amines has a global footprint with customers in 70+ countries, supported by marketing entities in key regions. The company reports a 500+ product basket and an installed capacity of 1,10,000 MTPA, and serves long-standing international clients. As on March 31, 2025, it has five subsidiaries; these include entities in India and overseas that support sales and manufacturing integration across markets.

Key Milestones of Indo Amines Limited

Key milestones trace Indo Amines’ evolution from a domestic amine manufacturer to a global export-focused innovator. Highlights include going public and emerging as Indo Amines Ltd with two manufacturing sites (1994), setting a marketing base in Europe & South East Asia (2007), achieving ISO 9001 certification (2009), obtaining AEO accreditation and REACH permission (2011), acquisitions and amalgamations to expand manufacturing (2014–2016), opening Indo Americas LLC in the United States (2017), starting the Performance Chemical Division (2020), and receiving NCLT approvals for mergers, stock split approval and NSE listing (2021–2022). Recent developments include environment clearances for capacity expansion in Maharashtra (2023) and notable 2024 milestones: recognition as a Three Star Export House, acquisition of industrial land at Mahad, and NCLT approval to merge with Pious Engineering Pvt Ltd.

Indo Amines Limited Business Verticals and Geographical Presence 

Revenue segmentation by end-use verticals:

• Water Treatment Chemicals: 20%
• Agro Chemicals: 18%
• Coatings: 15%
• Amines & Surfactants: 14%
• Chemicals & Plastics: 12%
• Pharmaceuticals: 11%
• Mining: 8%
• Others: 2%

Indo Amines has manufacturing facilities at Baroda, Dhule, Mahad, Badlapur and Dombivli, serving customers in 70+ countries across Asia-Pacific, Europe and the Americas.

Indo Amines Limited Business Segment

Indo Amines Limited manufactures Fine, Specialty and Performance Chemicals used in sectors such as pharmaceuticals, agrochemicals, fertilisers, petrochemicals, road construction, pesticides, perfumery and dyes/intermediates. The company reports a 500+ product basket with an installed capacity of 1,10,000 MTPA. Manufacturing facilities are located at Baroda, Dhule, Mahad, Badlapur and Dombivli, serving customers in 70+ countries.

Indo Amines Limited Key Management

• Pradeep Thakur – Chairman & Director
• Vijay B. Palkar – Managing Director & CEO
• Rahul Palkar – Joint Managing Director
• Suniti Thombre – Chief Financial Officer
• Tripti Sawant – Company Secretary

Latest Updates on Indo Amines Limited

• Product launch: In April 2025, the company launched “Morpholine and Derivatives” in the “Aliphatic Amines” category at its J5, MIDC, Dhule unit to serve domestic and international markets, including Asia-Pacific, North America and Europe.
• Recognition and assets: Indo Amines received a Certificate of Recognition as a Three Star Export House; it also acquired industrial land at Plot No. C-105 & C-105/1, Mahad, MIDC, Raigad.
• M&A approvals: NCLT approved the merger with Pious Engineering Pvt Ltd (2024), following earlier approvals for amalgamations that strengthened the platform for growth.
• Credit rating: CRISIL accorded a credit rating of A- Stable during the year, and the company reported a revised rating of A- Stable in 2025 milestones.
• Governance change: On March 26, 2025, BSE and NSE approved the reclassification of Ms. Ashwini Hemant Raje from the “Promoter and Promoter Group” to “Public” category under Regulation 31A of SEBI (LODR) Regulations, 2015.
• Business continuity: A fire incident at the Dombivli facility triggered the company’s Business Continuity Plan; production was shifted to alternate sites and capacity at existing facilities was increased to ensure uninterrupted service.
• Worldwide reach: The company highlighted sales to 70+ countries and showcased a global customer base across regions such as Asia-Pacific, Europe and the Americas.