S H Kelkar & Co.Ltd.

S H Kelkar & Company Ltd (Keva) is the largest fragrance and flavour companies in India by revenue, with a market share of approximately 12.0%. The journey of the company begin in 1922 as a manufacturer of industrial perfumes in British India.Company has four manufacturing facilities, three of which are located in India and one in The Netherlands, with a total installed manufacturing capacity of over 19,819 tons annually.Last year company manufactured and supplied over 6,300 fragrances, including fragrance ingredients and flavours for the personal and home care products, food and beverage industries, either in the form of compounds or individual ingredients. Company has a large and diverse mix of over 3,500 customers, including leading national and multi-national FMCG companies, blenders of fragrances and flavours and fragrance and flavour producers.The flavour products produced by the company are used as a raw material by producers of baked goods, dairy products, beverages and pharmaceutical products. Company has over 300 customers for its flavour products.S H Kelkar dedicated research team of 21 scientists. Company's research team has developed 12 molecules over the last three years of which company has filed patent applications for three.

S H Kelkar & Co.Ltd. proposes to utilise the net proceeds from the Issue for the following objects: