About the Company:

Incorporated in the year 1987, according to the CRISIL Report, Company is one of the leading players in the Indian decorative aesthetics industry in terms of revenue in Fiscal 2020 and as of March 31, 2021. It offers the widest range of aesthetic products in India. The company is a design-to-delivery” aesthetics solutions provider with the ability to design, develop and manufacture a diverse product portfolio for a wide range of customers primarily in the automotive and consumer appliance industries.

The company has supplied over 115 million parts with more than 6,000 SKUs in Fiscal 2021 to around 170 customers in approximately 90 cities across 20 countries. The firm has developed long-standing relationships with several customers. As of March 31, 2021, the Company’s relationship with its 10 largest customers in terms of revenue averaged approximately 15 years.

The company manufactures its products from modern manufacturing facilities located in Bengaluru and Pune in India, with the facility in Pune acquired as part of the recent acquisition of our Subsidiary. As of March 31, 2021, the annual production capacity of the Bengaluru and Pune facilities was 208.61 million and 29.50 million products, respectively.

Outstanding Litigation:

Financial Statements: