Our Mission

To deliver quality ingredients sustainably and efficiently in the personal care and bulk drug industry for customers worldwide.

Our Vision

To be the global leader in manufacturing niche personal care ingredients, using sustainable practices.

Key Milestones

Our Approach

  • 1Sustainable growth
  • 2Continuous technological upgradation & process optimisation
  • 3Strict adherence to Good Manufacturing Practices
  • 4Good environment protection & management and safety systems
  • 5Customer service and HRD culture
  • 6Quality improvement as a continuous process

Suncare | Haircare | Vitamin C
Antibacterial Ingredients | API Intermediates

We are among the global leaders and one of the largest manufacturers of UV absorbents / filters.

Our products are manufactured at our facility located in Taloja, Maharashtra. This facility has been audited and approved by the United States Food and Drug Administration ("US FDA"), making us one of a few global companies in the pharmaceutical intermediates and FMCG segments that is registered with the US FDA (Source: Frost & Sullivan Report)

Read More

Board of Directors

Mr. Rushabh Vora

Managing Director
Mr. Rushabh Vora is responsible for the overall management of the...

Mrs. Priya Vora

Whole Time Director
Mrs. Priya Vora holds a bachelor's degree in economics from St ...

Mr. Mitul Vora

Non Executive Director
Mr. Mitul Vora holds a bachelor's degree of science in business ...

Mrs. Shruti Vora

Non-Executive Director
Mrs.Shruti Vora holds a B.Com(Hons.) from ...

Mr. Ashish Dagade

Chief Operating Officer
Mr. Ashish Dagade oversees the company's day to day operations ...

Our Founder

Mr. Jayant Vora

Mr. Jayant Vora is an expert in the insurance field with over 41 years experience in Direct Insurance, Reinsurance, Finance Insurance, and Risk Insurance.

He founded Bhaichand Amoluk Consultancy Services, a full-fledged insurance service, which worked as a principal agent to the Commercial Union in western zones up to 1954 and National Insurance Company up to 1972. He then diversified into specialty chemicals, founding Chemspec Chemicals in 1978.

Today, he still serves as chairman of Bhaichand Amoluk Consultancy Services and is active in its subsidiary companies, Chemspec Chemicals Pvt Ltd and Health India TPA Services Pvt Ltd (involved in the field of insurance third party administration services).

He led Bhaichand's investment into a software company, Admin Server, a transacting platform in life insurance and annuity products, catered to the U.S market. This company was subsequently sold to Oracle in 2008 at US $125 Million.

He has also led investments into software company, Graphite GTC, and London based travel service, Ellidore Events Limited.

Mr. Jayant Vora is also a six times Indian National Champion in Table Tennis and winner of the ARJUNA AWARD in 1963.

CSR Activities

The primary aim of the company's CSR activities is to support the younger generation in India to pursue their dreams and objectives by empowering them through education.

Chemspec makes sizeable donations to each of these institutions annually:

  • D.Y Patil Educational Trust
  • Dr. Vithalrao Vikhe Patil Educational Foundation
  • Pimpri Chinchwad Education Trust
  • Pravara Institute of Research and Education in Natural and Social Science

Credit Rating

Chemspec Chemicals has a credit rating of CRISIL A1 on the short term obligations of the company.

Crisil is one the leading and most stringent credit rating agencies in India, and is a subsidiary of US based S&P. This rating is further supported by healthy cash accruals, zero capital expenditure needs, diversity in customer base and extensive promoter operating history.

We do not have any long term debt and hence no long term debt rating.