Manufacturing Facility

About Amtech Esters Limited

Amtech Esters Limited (formerly Amtech Esters Private Limited) was incorporated on May 21, 2002 by Avtar Singh Bawa and his son Ajit Singh Bawa. Converted to a Public Limited Company on December 12, 2023.

We manufacture Unsaturated Polyester Resins in 18+ grades at our Bahadurgarh plant and trade Fiberesin, hardeners, silicone products, and ancillaries. Through our wholly owned subsidiary, Croda Pigments Private Limited, we manufacture industrial pigments under the registered "Croda" brand.

Our operations are ISO 9001:2015 certified, backed by in-house R&D and QC facilities, serving a pan-India B2B customer base.

  • Registered Office: Flat No. 102, Plot A-3, Magnum House 1, Karam Pura, New Delhi – 110015
  • Corporate & Plant: 2012 MIE, Bahadurgarh, Jhajjar, Haryana – 124507
  • CIN: U24129DL2002PLC115465
  • ISO 9001:2015 Certified Quality Management System
Founded 2002 ISO 9001:2015

Company History

2002
Incorporated as Amtech Esters Private Limited by Avtar Singh Bawa & Ajit Singh Bawa. Manufacturing unit established at 2012 MIE, Bahadurgarh, Jhajjar, Haryana.
2009
Mrs. Gurpreet Kaur Bawa appointed as Non-Executive Director, strengthening governance.
October 2023
Agreement signed to set up new manufacturing unit at Village Asoda, Bahadurgarh — adding 480 MT/month resin capacity.
December 2023
Status changed to Public Limited Company. Ajit Singh Bawa designated Managing Director for a 5-year term. Acquired Croda Pigments Pvt. Ltd. as subsidiary (95.78%).
January 2024
Independent Directors Mr. Rahul Sharma (FCA) and Mr. Paras Suri (MBA) appointed. Audit, NRC & Stakeholders Relationship Committees constituted.
May 2026
Draft Red Herring Prospectus (DRHP) filed for IPO on BSE SME Platform

Our Strengths

What sets Amtech Esters apart in the polyester resin and industrial chemicals market.

01

Diversified Product Portfolio

50+ SKUs across resin grades, Fiberesin, silicone, pigments, and ancillaries — serving multiple industries and reducing concentration risk.

02

ISO 9001:2015 Quality Assurance

Stringent QC at every production stage — from raw material receipt to dispatch. In-house R&D lab continuously modifies processes to meet evolving requirements.

03

Experienced Promoter & Management

Led by MD Ajit Singh Bawa with 22+ years in polyester resin manufacturing, supported by a dedicated sales, production, QC, and customer service team.

04

Operational Efficiency

Local raw material sourcing minimizes transport costs. Lean strategies reduce wastage. Strategic vendor relationships ensure competitive pricing without compromising quality.

05

Strong Supplier Network

Long-standing relationships with MEG, PG, DEG, Maleic Anhydride, and Phthalic Anhydride suppliers enabling seamless operations and competitive procurement.

06

Horizontal Integration

Croda Pigments Pvt. Ltd. uses our resins as base raw material — creating internal synergies, reducing dependency, and maximizing resource utilisation.

Croda Pigments

Croda Pigments Private Limited

Acquired on December 30, 2023. CPPL manufactures industrial and household pigments at its Bahadurgarh plant. Amtech holds a 95.78% shareholding in CPPL.

A horizontal integration model — our manufactured polyester resins serve as the base raw material for CPPL's pigment production, creating operational synergies and resource efficiency.

CPPL has an installed capacity of approx. 382.2 MT/year supported by triple roll mills, sand mills, and testing lab. Products marketed under the registered trademark "Croda" (Reg. No. 462356, valid till October 28, 2027).

  • Pigment Paste
  • Cobalt Octoate
  • Accelerator
  • Resin Hardener
  • BP Paste
Registered Trademark "Croda" 95.78% Owned by Amtech