Late Shri Chimanlal K Mehta, who hailed from Amreli in Gujarat, was revered as a visionary leader and as a great philanthropist. A legend whose dreams were small only to his big heart. He was highly respected and trusted in the chemical sector because of his extensive trading operations knowledge and expertise. It was this very trust that gave Deepak Nitrite’s very first IPO great success and a show of confidence from investors as it got oversubscribed 20 times, even before the company had started manufacturing. Committed to his words and true to his reputation, Shri Mehta ensured the company lived up to its shareholders’ expectations and in 1972-73, merely two years of manufacturing, Deepak Nitrite posted profit. The company has since grown to newer heights and bigger horizons, balancing business prosperity with social and community welfare to deliver inclusive growth.
Growing on principles of sustainable and Responsible Chemistry, Deepak Nitrite has completed over five glorious decades in operations. Regarded as one of the leading chemical manufacturers of India, serving clients across the globe, Deepak Group has metamorphized into a global conglomerate that is ‘Making in India for the World’.
A pioneer and a visionary with over five decades of versatile experience in Chemical Trade and Industry, Late Shri. Chimanlal K Mehta was a first-generation entrepreneur. He leveraged his skills in trading and manufacturing to set up Deepak Nitrite in 1970. He is credited with leading an able Board and laying the foundation of a strong professionally driven organization on principles of deep-rooted values and commitment to excellence.
His aspiration to usher in a social change inspired Deepak Group to look beyond business needs and initiating many CSR initiatives and in establishing Deepak Foundation.