In the year 1968, under the stewardship of Mr. Pravinchandra B Shah, Vipul Group of companies began its Napthol, Fast color bases and dye intermediates business. What began as a small venture, expanded at a rapid pace and set up its manufacturing facility at Thane, outskirts of Mumbai.
Vipul Dye Chem was established in 1972, which was later renamed Vipul Organics Limited, to reflect the product portfolio in the year 2017. Vipul Organics Limited is celebrating its Golden Jubilee and is "50 years young" in the Color Industry.
In 1989, the second generation of the promoters, Mr. Vipul P Shah, joined the company, after completing his Chemical Engineering. He was the one who really gave wings to the company's growth story. Vipul Organics now also ventured into the pigments segment, making it a holistic Dyes and Pigments company that has one-stop products and solutions for anything to do with the category.
In 1995, the company went public and is listed on the Bombay Stock Exchange (BSE).
Today, the company has been focusing on forward and backward integration and creating a strong value chain, taking the Vipul Organics product line, global by exporting to more than 45 countries and establishing high end manufacturing facilities, at par with those available anywhere across the world. The product portfolio includes Pigment Powder, Pigment Dispersion, Textile Dyes, Paper Dyes, Leather Dyes, Naphthols, Fast Color Bases, Fast Color Salts and Dyes Intermediates.
In 2015, the third generation of the promoters, Mr. Mihir V Shah, joined the company, after completing his Integrated MBA+Pharma degree from Narsee Monjee Institute of Management Studies (NMIMS). Mr. Mihir Shah is responsible for increasing the domestic presence of the company and opening new categories of business such as Paper, Agriculture, Cosmetics etc.
Today, Vipul Organics is a trusted name with customers, suppliers and partners alike and known for its innovative, yet value for money solutions for the complete range of dyes and pigments.
The company currently serves clients across a broad spectrum of industries ranging from Paint, Plastic, Textiles, Printing Ink, Cosmetics & Food Industry, Paper and several others and has presence in both local and international market.
Vipul Organics employs over 350+ people across 4 locations, spread across 4,50,000 sq feet area.