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Century 21st To Acquire Jay Ambe Gowri Chem

By : Charmi Gutka | 16 January 2012
Industry : Basic Industries

Century Twentyfirst Portfolio Limited is planning to acquire Jay Ambe Gowri Chem Limited for its inorganic growth.

According to annual report 2010, Century Twentyfirst is working on improving the performance by following organic and inorganic modes for which the company is looking out for acquisitions of companies engaged in agri related areas.

Founded in 2006 by Narender Kumar Patel and M Madhu, Jay Ambe Gowri Chem Ltd is engaged in business of trading of chemicals and solvents.

Some of the major products the company is dealing are Amino-Methyl-Propylpayrazole, Benzene Methanol, Toulene, Iso Propohyl Alcohol and N-Hexane. The company imports chemicals and solvent products in bulk from countries like Singapore, Taiwan, Germany, Korea and China. JGCL has a godown for storage of goods at Bonthapally, Medak Distt., and Andhra Pradesh.

Hyderabad based Century Twentyfirst engages in trading equities and commodities. The company also engages in wealth management, and portfolio and software development operations.

For the FY2010, the company posted total income of R5.16 Mn with PAT of R1.01 Lakhs.

Century Twentyfirst on BSE

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KVEZAR VIEW

  DEAL TRACKER FOR
DateTransactionTypeBuyerSize ($mn)
16/01/12  Jay Ambe Gowri Chem - Century Twentyfirst M&A  CENTURY TWENTYFIRST PORTFOLIO LIMITED 
 
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  Profiles

Company

NamePromotersOfficeCompetitorWebsite
CENTURY TWENTYFIRST PORTFOLIO LIMITED  Hemraj Baid   8-2-682/3/A&B, Suite No.404, Mayfair Gardens, Road No.12, Banjara Hills    
Jay Ambe Gowri Chem Limited (Formerly Jay Ambe Gowri Petro Chem Limited)  Narender Kumar Patel   Sy No. 353 / 469, Domadugu (V), Jinnaram (M)     www.jayambe.com
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