Shlokka Dyes

About the Company

Shlokka Dyes Limited, incorporated in 2021 and converted to a public company in 2024, manufactures reactive and other synthetic dyes used in textiles, leather, paper, and paints. Its Gujarat-based ISO-certified facility has a 9,000 MT annual capacity with in-house testing for quality control. Led by experienced promoters Vaibhav Shah and Shivani Rajpurohit, the company offers a diverse dye portfolio and specializes in customized solutions for domestic and international clients.

Strengths

• Diverse portfolio of reactive and other dyes serving textiles, leather, paper, and paints industries.
• ISO 9001, 14001, and 45001 certifications ensuring quality, environmental, and safety standards.
• Modern Gujarat-based facility with 9000 MT annual capacity and in-house testing lab.
• Achieved over ₹60 crore turnover in FY24 and growing export participation (China Interdye 2024).
• Experienced promoters and gradual shift from proprietary to corporate structure boosting credibility.

Risks

• Heavy reliance on spot procurement of raw materials exposing it to price and supply volatility.
• No long-term contracts with customers; dependent on repeat orders for revenue stability.
• Promoter’s proprietary firm (Equinox Impex) operates in same line of business creating potential conflicts.
• Pending conversion of licenses/approvals from Pvt. Ltd. to Public Limited status.
• Competition, regulatory changes, or technology shifts may impact growth and profitability.