Sikko Industries Share price

The Company was originally incorporated as ?Sikko Sprayers Private Limited? on February 8 2000 under the provisions of Companies Act 1956 vide certificate of Incorporation issued by Deputy Registrar of Companies Gujarat Dadra and Nagar Haveli at Ahmedabad. Consequent up on the conversion of the Company into public limited company the name of the Company was changed to ?Sikko Sprayers Limited? vide fresh certificate of incorporation dated March 16 2010 issued by the Assistant Registrar of Companies Gujarat Dadra and Nagar Haveli. Subsequently the name of the company was changed to ?Sikko Industries Limited? and Fresh certificate of Incorporation pursuant to change of name was issued by Assistant Registrar of Companies Gujarat and Dadra Nagar Haveli on March 17 2010. The Corporate Identification Number of the Company is U51909GJ2000PLC037329. In the year 1998 the Promoter was running proprietorship firm namely Sikko Sprayers & Exports Co. which was engaged in the manufacturing of ?Growth Promoters? and its used as supplements in agriculture by farmers. In the blanket of Growth Promoters various products are sold namely Vakil Diamond Vasool Biomono which are in combination of granules and liquid form. In addition firm was engaged in assembling of different parts of Spray Pump having Inside and cylinder without bearing. The spray pumps are used by farmers in agriculture to sprey pesticides. In the year 2000 the Company was incorporated as Sikko Sprayers Private Limited. the Company acquired Sikko Sprayers & Exports Co. proprietorship concern Mr. Pravinbhai M. Kumbhani in the year 2000 and consequent to which entire assets-liabilities including outstanding creditors of the said proprietorship concern were taken over by the company for which there was no formal agreement for acquisition of the said business was entered. During the year 1997 to 2000 the Company was manufacturing following growth promoters; VAKIL (Bio Stimulant in Ampoule) SIKZYME Plus (Growth Promoter) VASOOL (Zyme Granules-Sea Weed Based) HUMISIK-12% (Humic Acid-12% LiquidGrowth Promoter HUMISIK-95%(Humic Acid -95% + Fulvic-5%-Growth Promoter SIKKO TONE (Micronutrient Liquid Fertilizer) MONO-TEJ ( Pest Repellent ) SULPHO-100 (Liquid Sulphur-Growth Promoter + Anti Fungus agent) VOOM SPRAY(Nitrobenzene-Growth Promoter). In the year 2001-2002 various products are added to the basket namely Zinc Plus ?Nutrient Fertilizer? Sikko Zyme ?Growth Plant Promoter? Sikko Tone- Micro Nurtinent Liquid.In the year 2001-2005 the company started manufacturing of NEEMOX (Neem Oil- Pest Repellent) BIO M-45 (Organic Fungus Repellent). In the year 2008 the Company started pesticide unit. Further during the year 2006-2010 the Company started manufacturing of VAKIL-3D Gr. (Organic Fertilizer) VAT ( Bio Pest Repellent Powder) SIKSTIK(Sticking & Spreading Agent) SAFAYO (Mealy Bug & Sucking Pest Repellent) HI- ZIB (Growth Promoter Powder) VOLVINO (Fungus Repellent) SICOP (Liquid Copper-Growth Promoter PHORATO ( Herbal Pest Repellent +Sea Weed ) KHANJAR(Larva Repellent) SHAKTI (Thrips Repellent). During the year 2011 to 2016 following new products were added to the basket of pesticides fertilizer and growth promoter which help in plant growth and work as a safeguard against pests.1. VAKIL Capsule (Bio Stimulant Capsule)2. VAKIL (Gr)(Concentrated Zyme Granules-Organic Fertilizer)3. MUNDAMAR (Grub Preventer Granules)4. MOGAMBO(Growth Promoter Powder)5. BPH Plus (Brown Plant Hooper Repellent)6. SIGNATIC ( Amino Based Growth Promoter)7. BLACK SURIYA (Best Soil Conditioner)8. FUNGI Plus (Fungus Repellent Powder)9. FERTISIK – 90% WG (Sulphur-90% WGGrowth Promoter + Anti Fungus agent)10. BHAGAMBHAG(Pig Repellent)11. DOKAMAR (Fruit & Shoot Borer Repellent)12. SUPRA (White Fly & Sucking Pest Repellent)13. MITE WIN (Red Mite Repellent) NILGO (Nil Gai Repellent).To avail the rich experience of the promoters in the field of agrochemicals and after establishing strong foot hold in the field of agro chemicals and pesticides the Company also started fertilizer unit on March 30 2011. This has improved the top line. The Company also started seed division and added following product to its existing portfolio: Seeds of Bhindi (Okra) F1 Hybrid Bhindi (Okra Super -350) OP Cluster Bean Super-350 Cow Pea Super -350 Bottle Gthed Super-350 Bitter Gthed Super-350 Tomato Super -350 Brinjle Super -350 etc. In addition to manufacturing of pesticides and fertilizer the Company the Company is in process of starting up of new project of Bio CNG and BIO Fertilizer for which we have made an application with UP State Bio Energy Development Board Lucknow. Major EventsThe major events of the company since its incorporation in the particular financial year are as under:1999-2000-The company was incorporated and commenced the business.-Acquired the entire business of Sikko Sprayers & Exports Co. proprietorship concern of Mr. Pravinbhai M. Kumbhani2005-06-Awarded World Economic Progress Award 2006 by Achiever Society Technology and Social Developments New Delhi2006-07-Awarded Bhartiya Krishiv Vikas Rattan Award 20062007-08-Started Pesticide Unit2008-09-Awarded Rashtriya Udyog Ratna Award by Council for Economic Growth and Research.2009-10-Converted company from Private Limited into Public Limited.2010-11-Started Ferltilizers Unit2013-14-Awarded for Exemplary Achievement in Manufacturing Sector from Small and Medium Business Development Chamber of India -Gujarat SME Excellence Award 20132014-15-Awarded Bharat Udyog Ratan Award by All India Business Development Association2015-16-The Company got Quality Mark Trust award 2015 for outstanding performance in Agriculture Pesticides-The Company got Quality Mark Trust award 2016 for outstanding performance in Agriculture Pesticides