Company Overview



Name of the Company Swarmup FZ LLC
Incorporation Date 14.05.2012
License No. RAKIA 51 FZ3 05 12 5540
Registration Address P.O. Box – 31291, Al-Jazeera, Al-Hamra, Ras Al Khaimah,UAE
Branch Office 250 MZ, Warehouse No. A2-093, P.O.Box – 122560, Sharjah – UAE


Shareholding Pattern



Sr. No. Name Nationality Shareholding (%)
1 Mr. Sanjiv Agrawal Indian 50 %
2 Mr. Niraj Nanda Indian 50 %

The Company’s products are sold in UAE as well as international market which are used indifferent industries as given below:

• Consumer Packaging Industry (Flexible packaging manufacturing for health care products,soaps and detergents, food and beverages, carry bags etc.), labels and pressure sensitivetape (BOPP, Polyester tapes, etc.)
• Industrial Packaging (HDPE bags, paper bags, cartons bottles, etc.)
• Chemicals (inks, surface coating material)

The fortunes of the printing ink industry are linked to the economy, particularly the publishing and packaging sectors. Due to the high growth in printing and packaging sector in GCC countries in the recent past, the growth of company’s sale has been continuously increasing.

The Fast Moving Consumer Goods (FMCG) industry presents the biggest opportunity for the packaging industry .FMCG is the avid consumer of flexible packs that has spurred the growth of flexible packaging in UAE. The benefits of flexible packaging like aroma, light weight, strength, barrier against moisture has led to extensive applications in packing products like tea, snacks, Ready to Cook, Ready to Eat, staples, Cosmetics, skin and hair care, tetra packs etc.

The biggest opportunity for packaging industry is the unprecedented growth of food processing industry. UAE consume higher amounts of processed foods in their regular meals as compared to other countries. Increasing incomes and proportionally busier lifestyles have created a new consumer group for processed food which has led to high use of flexible packaging.

Global Ink Industry

The worldwide market for printing ink in 1991 was estimated at US $ 9.25 billion, at a volume of 1.69million metric tons. The market leaders in printing ink manufacture are USA, Europe and Japan.

SWARMUP registered a growth of 59.35% in its Turnover for the FY 2013-14 as compared figures of the previous FY 2012-13 along with an increase in profit margin to the extent of around 81%. From the above numbers it is quite evident that our establishment has already put its foot on acceleration pedal with devotion and dedication of an energized and enthusiastic employee team.

SWARMUP combines Chemistry & Technology, ensures Quality & Consistency & assures pre & post Technical Support for establishing longevity in business relationships with customers at affordable prices – there by creating a robust “value chain” and win - win situation for all the stake holders. Thus, with its high-value (quality and price competitive) products and intelligent solutions, SWARMUP intends to carve out and important and long-lasting place for itself in the International Printing Ink markets.

Offset Inks and Digital Inks being next on line for near future introduction. The company has put together a dedicated “Service Engineer Team” for providing “after sales service” to our customers (convertors) by selecting internationally experienced printers, with added knowledge of printing inks and their impact on print quality.

SWARMUP is well connected with some of the well-equipped State of Art R&D and QA laboratories complimenting technically apt professionals to design, analyze & formulate products to meet exacting requirements from customers.

Moreover, a strong & dynamic team of experienced professionals specializing in specific functions being Technical, Marketing, Manufacturing, Procurement, Finance and People Management, ensures value addition within functional & organizational level. At SWARMUP, the company hire experienced professionals specializing in specific functions - technical, marketing, manufacturing, procurement, finance and people management, to form a strong team to give impetus to company’s progress. And above all, positive attitude towards customer queries coupled with culture of cooperation, understanding and customizing products with a resolve to offer “value for money” products.

Our Business Drivers

Product Mix & Customer Focus (Strong Distribution Network, focused direct marketing to key customers in India and in Foreign Market.)

Promoters and Key Management Personnel

Mr. Sanjiv Agrawal

Chairman and Managing Director

Mr. Sanjiv aged 50 years, is a Commerce Graduate and a Fellow Member of the Institute of Chartered Accountants of India. Mr. Agarwal has an experience of over 16 years in the Ink Industry. He has been instrumental in designing and structuring technological up gradation & modernization and expansion program being undertaken by the Company. He has hands-on experience in the areas of finance, taxation and accounting department. He is able assisted by senior level executives and family members in various managerial functions of the business

Mr. Niraj Nanda

Designation

Mr. Niraj Nanda aged about 35 years is a young and dynamic person known to Mr. Sanjiv Agrawal since more than last 10 years. He has international exposure of the same trade and is widely connected with chemical industry. He is a science graduate and has a wide experience of trading of chemical good and printing segment.

Mr.Prakash Dawda

DGM Sales and Marketing

Mr.Prakash Dawda is working as a DGM Sales and Marketing. He has more than 20 years of experience in sales and marketing with various MNC’s in various countries which deal in ink manufacturing, chemicals and other allied product .He has a vast experience in the international business. He is a keen strategist with expertise in managing entire operations with focus on profitability by ensuring optimal utilization of resources.

Mr.Sanjeet Kumar

Accounts and Finance

Mr.Sanjeet Kumar is a Commerce graduate and qualified Fellow Chartered Accountant with more than 6 years in the field of Finance & Accounting, Taxation, Statutory Compliance, Forecasting & Budgeting, MIS and Financial Due Diligence. He is responsible for the maintenance and finalization of accounts, preparation of MIS, variance analysis and building internal financial controls.