ABOUT US

Satyanarayan Sekhsaria Pvt. Ltd. (SSPL) an ISO-9001 certified company is one of India’s most established and reliable modern trading companies in the agro-commodities segment. We supply high-quality agro-commodities from an extensive network of producers and suppliers and seamlessly deliver them to customers worldwide.

SSPL is focused on trading and supplying of a wide range of agricultural commodities like Castor Seed, Guar Seed, Soya Bean, 

RM Seed, Castor Oil (FSG Grade), Gaur Gum (Guar Split), Cotton, Dhania (Coriander) and Chana both in India and Internationally. 

Capitalizing on India’s vast geographical spread, SSPL has successfully provided superior quality of agro products to its buyers all over the world. We are a specialized and agile trading organization, committed to building long term relationships with our customers.

The company is present in every aspect of trade of bulk agro-commodity from physical storage, handling, direct purchase from the market and selling domestically and internationally.

Being in this business for decades, the company has established a good relationship with the farmers, brokers, manufacturers, exporters and leading importers in the commodities business. Our long term relationship allows us to deliver directly from our warehouses or NCDEX accredited warehouses.

We are focused to grow exponentially by consolidating and further expanding our integrated portfolio of agro-commodities by utilizing our trading expertise and strategic alliances in the highly competitive and price sensitive agro-commodities market.

For decades SSPL activities have been steered and optimized through flawless reputation of being a dispute-free trading organization with mutually beneficial trade practices and a team of high calibre employees with impeccable business acumen and integrity. This has enabled us to successfully adapt to the dynamic and evolving agro-commodities markets and ensure that our clients and business associates are guaranteed high quality, efficiency and transparency along the supply chain.

SSPL has associated memberships with premier institutions that promotes India’s domestic and international trades such as

  •  1. Indian Merchants Chamber (IMC)
  • 2. Confederation of Indian Industry (CII)
  • 3. Federation of Indian Export Organisations (FIEO)
  • 4. Solvent Extractors Association  ( SEA)
  • 5. International Castor Oil Association (ICOA)

Vision

Be a successful trading company which is flexible and attuned to the customer’s needs and also capable of providing total integrated services to the clients in the rapidly changing environment.

We, constantly seek experienced and result-oriented associates and employees who add value to our company with their deep understanding of the agro-commodities markets, its trends and behaviour.

History

Incorporated in 1974, the founders of SSPL have over
7 decades of experience in the business of raw-cotton supplies to reputed textile mills. After gaining a strong foothold and having successfully managed the supply chain of raw-cotton business, SSPL expanded its business in agro-commodities as traders, commission agents, suppliers and exporters.

The trust earned by SSPL due to its long-term and successful association with renowned international merchants, trading houses and business enterprises has enabled them to gain a competitive edge and made a force to reckon with highly competitive and evolving agro-commodities markets.

SSPL outshines as a leading trading firm with a significant market share in commodity markets. Our leading position has enabled us to develop the much needed expertise with high degree of knowledge, intelligence, insight and foresight to cater to all the major requirements of our clients.

SSPL is head quartered in Mumbai (India) and has well established offices in other states of India such as Punjab, Rajasthan and Gujarat.

MILESTONES

CEMENT

  1. 1986: Gujarat Ambuja Cement Ltd. (GACL) starts operating with a 0.7-million-ton plant capacity. The cement is supplied in jute bags, later changed to HDPE bags to reduce spillage.
  2. 1993: For the first time in Indian history, a private port is set up by GACL exclusively to export cement and clinker and import coal and furnace oil for the company at Muldwarka, Gujarat, 12km from the plant. 
  1. GACL also builds the first cement-receiving terminal in Ulve on the outskirts of Mumbai. From this terminal, cement is supplied to prestigious projects such as the Bombay-Pune expressway and the Bharat Diamond Bourse at the Bandra Kurla Complex.
  2. 1997 GACL’s First acquisition: Modi Cements’ 1.4 million tons per annum (mtpa) plant at Raipur, Madhya Pradesh.
  3. 1999 GACL becomes the #4 cement company in the nation after acquiring a 51 per cent stake in the Delhi-based DLF Cement
  4. 2000 GACL buys the shareholding of Tatas in Associated Cement Companies (ACC)
  5. GACL imports 0.5 million tons of coal from China, Indonesia and South Africa and 1 lac ton of furnace oil. It also exports around 0.5 million 
  6. ton of cement to Singapore, Sri Lanka, Mauritius, Eden and Nigeria.
  7. 2006 GACL, India’s third biggest cement company with a 16.2 million ton capacity, is sold to Holcim, making Holcim the world’s largest cement maker

Cotton

  • Since 1970s have been working as established brokers to reputed textile corporations and dealers in domestic as well as overseas markets
  • Exporter of raw cotton for the past 40 years.

CHEMICALS

  • 1979 Set up Sekhsaria Chemicals Pvt. Ltd.
  • 1979 to provide process research and undertake USFDA approved contract manufacturing of active pharmaceutical ingredients (API) and related intermediaries.
  • 2006  Sekhsaria Chemicals Pvt. Ltd. was acquired by Watson Pharmaceuticals Inc, the third-largest pharmaceuticals company in the US. At the time of sale, the Company had over 15 United States Drug Master Files (DMFs) on file or approved.

PROMOTER

Mr. Pulkit Sekhsaria

Pulkit Sekhsaria is the Managing Director of Satyanarayan Sekhsaria Pvt. Ltd. (SSPL). Pulkit has been actively involved in investments and wealth management across various fields. Under his astute leadership and dynamic vision SSPL has grown by leaps and bounds and is today renowned as one of the leading and most reputed trading organizations dealing in agro-commodities.

 

 

Pulkit’s proven leadership qualities and vision had elevated him to the role of Chairman of Manufacturing Committee at YEW – a wing of Indian Merchant Chambers, and also become a member of the Quality Control Committee of the Bombay Management Association.

An alumnus of Wharton, Indian School of Business, London School of Business and INSEAD, he began his career with Ambuja Cements Ltd (Initially called Gujarat Ambuja Cement Ltd). Pulkit had been instrumental in the execution, management and expansion of the company’s ships and terminals at Mumbai, Surat and Muldwarka of Ambuja Cement Ltd. Under his leadership, the shipping fleet grew twice and became a blueprint for competitors to imitate.

MANAGEMENT

With an extensive experience in commodities business, the management at SSPL are amongst the most experienced, knowledgeable and segment driven people from the various industry.  They are responsible for leading and driving the business strategy to ultimately provide unmatched value to the customers.

Mr. Janardhan N Sekhsaria

A seasoned financial services executive with extensive experience in finance, accounting, taxation and law Mr. Janardhan Sekhsaria graduated with a B.Com from Sydenham College.   His shrewd financial acumen has been instrumental in providing SSPL with strategic financial guidance and developing all the necessary policies and procedures to ensure sound financial management and control of the businesses.

Mr. Ramprakash Khatod

Mr. Ramprakash Khatod a qualified Chartered Accountant from the Institute of Chartered Accountants of India (ICAI) has been associated with the promoters of SSPL since 2013.  

He began his career in 1996 with the Mumbai based Somani Group having diversified interests in the glass industry, packaging, chemical, engineering & textile industries. During those initial years, he worked in various capacities in accounts and finance, taxation, MIS, project planning and implementation, labour management and legal.

Mr. Bankatlal Gaggar

Mr. Bankatlal Gaggar is the Director and Advisor at SSPL. He has had an illustrious and prolifically successful career of over four decades of professional excellence in various capacities and roles, both as an independent consultant as well in corporate management. 

He is rated amongst the top accounting and corporate consultants and has handled structuring assignments for several companies, presented papers at conferences, workshops and study circles.

He was also elected as Chairman of the Institute of Company Secretaries of India (ICSI) of its Western India Regional Council. 

Mr. Bankatlal Gaggar has developed and implemented many good corporate governance practices. He has also set new benchmarks in financial performance and corporate management as well as implemented and supported various M&A projects.  Multiple publications, books and articles under his name are a testimony to his valuable professional excellence.

COMMODITIES

SSPL is involved in trading of agro commodities such as Castor Seed, Castor Oil (FSG Grade), Guar Seed, Guar Gum (Guar Split), Soya Bean, Cotton, Dhania (Coriander), RM Seed, Chana.  

Our team has a track record of being able to identify and maintain the quality parameters of each given commodity. We are able to meet the urgent and bulk requirements of our customers due to the state-of-the-art infrastructure facilities installed at various locations. We have the storage capacity of 30,000 MT and are streamlined in the handling process of the commodities.

PRODUCTS

Cotton

The use of cotton for fabric is known to date in prehistoric times. The Indus cotton industry was well developed and some methods used in cotton 

spinning and fabrication continued to be used until the industrialization of India. Cotton is essentially grown for its fibre, which is used world-over to make  textile. Cotton fibre is one of the most important textile fibres, accounting for around 35% of the world’s total textile fibre used. Cotton seed is crushed to make cottonseed cake, which is used in livestock feed; and cotton seed oil which is the 5th major edible oil consumed in the world. Central zone accounts for about 59% of the total cotton production in India. The main states of cotton production are Gujarat, Maharashtra and Madhya Pradesh where cotton is cultivated as full season crop.

Soya Bean

Soyabean is widely regarded as the Golden Bean is very rich in protein. The oil extracted from Soyabean is one of the most widely used edible oil in India. 

The beans contain significant amounts of phytic acid, dietary minerals and B vitamins. Soy vegetable oil is used in food and industrial applications, is another product of processing the soybean crop. The Soybean is a species of legume native to East Asia, widely grown for its edible bean, which has numerous uses. With 12 million tonnes of production; Soyabean is one of the fastest growing crops in India. Soyabean is grown as a Kharif crop in India. The top three Soyabean growing states are Madhya Pradesh, Maharashtra and Rajasthan. Madhya Pradesh and Maharashtra have 45 and 40% share in production respectively.

Coriander

All parts of Coriander plan are edible, but the fresh leaves and the dried seeds are traditionally used in cooking. It is the common term 

in North America  for coriander leaves, due to their extensive use in Mexican cuisine.  India is the largest producer and consumer of coriander seed. Coriander production has increased significantly in the past decade and currently hovering around 5 lakh tonnes. The rise in the output was primarily on account of rise in yields. It is mainly cultivated as a rabi crop in India as Coriander requires cool climate during growth and warm dry climate during seed maturity. It can be cultivated in all types of soils but comes up well on well drained loamy soils. It is cultivated across the country though the production is concentrated in Rajasthan, Madhya Pradesh, Assam, Gujarat and Andhra Pradesh.

Castor Seed

Castor seed is a non-edible oilseed crop, with an average of 46 per cent oil recovery. It is grown in arid and semi-arid regions of the world. Castor oil is extracted from castor seed and its derivatives have an indispensable usage in many industries like cosmetics, surface coatings, 

toiletries, pharmaceuticals, perfumes, soap, medicines and lubricating formulations. Castor oil is used either in crude form or in refined hydrogenated form. India is a major producing country followed by China, Brazil and Thailand. India is the leader in global castor seed production and dominates international trade in castor oil, meeting about 80% of the total global demand of this commodity. In India, it is a kharif crop, sown in July and August, and harvested in the months of  December and January . Gujarat is a major producing state in India which accounts about 80% of domestic production, followed by Andhra Pradesh and Rajasthan. These 3 states account for about 96% of the total castor seed production in India.

Castor oil

Castor oil is a vegetable oil pressed from castor beans. Castor oil and its derivatives are used in the manufacturing of soaps, lubricants, hydraulic and brake fluids, paints, dyes, coatings, inks, cold resistant plastics, waxes and polishes, nylon, pharmaceuticals and perfumes. Castor oil enjoys tremendous demand world-wide,

estimated at about 220,000 tonnes per annum. The major castor producing states in India are Gujarat, Rajasthan and Andhra Pradesh. Together, these states account for more than 90% of total domestic production with Gujarat being the largest castor oil seed producing state.

Guar Seed

The guar or cluster bean is an annual legume and the source of guar gum. It is also known as gavar, guwar or guvar bean. This legume is a valuable plant in a crop rotation cycle, as it lives insymbiosis with nitrogen-fixing bacteria. Agriculturists in semi-arid regions of Rajasthan followcrop-rotation and use guar to 

replenish the soil with  essential fertilizers and nitrogen fixation, before the next crop. Guar has many functions for human and animal nutrition, but the gellingagent in its seeds is the most important use. About 80% of world production occurs in India andPakistan. While Thar, Punjab dry areas in Pakistan and Rajasthan, Gujarat, Kutch regionoccupies the largest area under guar cultivation in India.

RM Seed

Rapeseed Mustard are the small round seeds of various mustard plants. They are an important spice in many regional foods and many come from one of three different plants. Mustard seed comprises about 60-65% of cake and the availability of an intermediary price benchmark is seen as 

helping the entire value chain, including farmers, traders, millers, exporters and the feed industry. The oilcake is produced by crushing mustard seed, and is used as cattle feed; the de-oiled cake obtained by processing the oilcake is exported. India is among the top three producers of mustard seeds. Mustard seed (RM Seed) is the second most important oil seed crop in India after soybean. It accounts for nearly 20-22% of the total oilseeds produced in the country.

Gram

Chana is one of the major pulses cultivated and consumed in India. It is also known as Bengal gram or gram or chickpea. Chana is a major and cheap source of protein compared to animal protein. India is the major producing country for Chana, contributing for over 75% of total production in the world.

Chana is cultivated for its seeds. They are rich source of protein and form an important part of vegetarian diet. India is the largest consumer of chickpea in the world. Production of Chana is concentrated in central and southern parts of India. Madhya Pradesh is the single largest producer in the country. While states like Rajasthan, Maharashtra, Uttar Pradesh and Andhra Pradesh are the other producers of Chana seeds.

Guar Gum

Guar gum is also called as guaran, extracted from guar beans that have thickening and stabilizing properties useful in food, feed and industrial applications. It is typically produced as a free-flowing, off-white powder. The guar bean is principally grown in India, Pakistan, US, Australia and Africa.

In India, Rajasthan, Gujarat and Haryana are the main producing regions and Jodhpur in Rajasthan is the major guar trading markets. India exports guar gum to 145 countries. Guar gum splits are further processed in some countries for different applications. The major part of guar gum is consumed by oil and natural gas industry after that major quantity goes to food processing industry. Guar gum is used primarily as a proppant transport/proppant suspending agent in hydraulic fracturing.

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