Suncare Traders Limited, established in 1997 in Gujarat, was originally a private entity before becoming a public limited company in 2000. Specializing in the trading of laminates and plywood/MDF, it holds exclusive distributorship for Olive brand laminates produced by Bloom Dekor Limited. With strategic branches in Jaipur and Bhiwandi, Suncare Traders effectively caters to regional demands in Rajasthan and Maharashtra. The company offers a diverse range of laminate finishes, including Gloss, Matt, Suede, Rainwood, and Lumera.
In December 2015, Suncare Traders went public, raising Rs 24.21 Crore through the issuance of 3.784 million equity shares. While the company's core business remains in trading laminates, it diversified in 2016-17 by acquiring a 49.07% stake in Madhav Power Private Limited, entering the solar power generation sector. This diversification marks a significant expansion beyond its traditional trading operations.
