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IFB Agro Industries Ltd.

BSE: 507438 Sector: Consumer
NSE: IFBAGRO ISIN Code: INE076C01018
BSE LIVE 15:42 | 18 Oct 552.70 85.30
(18.25%)
OPEN

481.00

HIGH

560.85

LOW

462.05

NSE 15:57 | 18 Oct 554.30 84.10
(17.89%)
OPEN

478.00

HIGH

563.70

LOW

461.00

OPEN 481.00
PREVIOUS CLOSE 467.40
VOLUME 21931
52-Week high 560.85
52-Week low 327.20
P/E 16.96
Mkt Cap.(Rs cr) 518
Buy Price 552.70
Buy Qty 461.00
Sell Price 0.00
Sell Qty 0.00
OPEN 481.00
CLOSE 467.40
VOLUME 21931
52-Week high 560.85
52-Week low 327.20
P/E 16.96
Mkt Cap.(Rs cr) 518
Buy Price 552.70
Buy Qty 461.00
Sell Price 0.00
Sell Qty 0.00

IFB Agro Industries Ltd. (IFBAGRO) - Company History

Incorporated in Jan.'82, IFB Agro Industries under the name Nag Bottling and Packaging Company. It became a public limited company in 1986 under the present name. It has been promoted by Bijon Nag, a qualified and experienced mechanical engineer. The company is engaged in the manufacture and marketing of extra neutral alcohol, Indian Made Foreign Liquor (IMFL) and marine products. Industrial alcohol has a wide variety of uses mainly in the pharmaceutical, chemical and homeopathic drug making industry. It is also used in the manufacture of a number of other organic components. The company has a technical collaboration with Starcosa, West Germany. Its second IMFL manufacturing unit at Maheshtala has started production. During 1997-98, the company has taken over an existing facility at Serampore for bottling of Country Spirit in Sep, 1997 and it has commenced production from Dec, 1997. In 1999-2000, the Company's Modernisation programme has been successfully completed. The Subsidiary companies,IFB Automotive Seating & Systems Pvt Ltd,NurpurGases Pvt Ltd and Asansol Bottling & Packing Co Pvt Ltd has divested its holdings during 2001-02.