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IFB Agro Industries Ltd.

BSE: 507438 Sector: Consumer
NSE: IFBAGRO ISIN Code: INE076C01018
BSE LIVE 15:00 | 18 Aug 395.30 -7.70
(-1.91%)
OPEN

392.25

HIGH

395.30

LOW

392.25

NSE 15:31 | 18 Aug 399.30 -1.15
(-0.29%)
OPEN

402.45

HIGH

402.45

LOW

395.25

OPEN 392.25
PREVIOUS CLOSE 403.00
VOLUME 64
52-Week high 496.90
52-Week low 327.20
P/E 12.13
Mkt Cap.(Rs cr) 370
Buy Price 395.30
Buy Qty 8.00
Sell Price 405.40
Sell Qty 30.00
OPEN 392.25
CLOSE 403.00
VOLUME 64
52-Week high 496.90
52-Week low 327.20
P/E 12.13
Mkt Cap.(Rs cr) 370
Buy Price 395.30
Buy Qty 8.00
Sell Price 405.40
Sell Qty 30.00

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.