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M P Agro Industries Ltd.

BSE: 506543 Sector: Agri and agri inputs
NSE: N.A. ISIN Code: INE468C01017
BSE 14:37 | 23 Jan 6.25 0.29
(4.87%)
OPEN

5.67

HIGH

6.25

LOW

5.67

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 5.67
PREVIOUS CLOSE 5.96
VOLUME 4500
52-Week high 6.25
52-Week low 5.14
P/E 6.13
Mkt Cap.(Rs cr) 4
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 5.67
CLOSE 5.96
VOLUME 4500
52-Week high 6.25
52-Week low 5.14
P/E 6.13
Mkt Cap.(Rs cr) 4
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

M P Agro Industries Ltd. (MPAGROINDS) - Company History

Incorporated in Dec.'75, M P Agro Industries (formerly M P Agro Fertilisers) commenced business from Jul.'76. The company was originally promoted by the M P State Agro Industries Development Corporation, Bhopal, and Dharamsi Morarji Chemicals. In Oct.'91, it was taken over by Liberty Fertilisers, a group company of the Dhamani group, which also has Sayaji Hotels as a group company. It is presently managed by chairman Abdul Razak D Dhamani. In Jun.'93, the company came out with a rights issue (5:1) of 23.4 lac equity shares at par aggregating Rs 2.34 cr to finance the cost of additional machinery and building and to meet long-term working capital requirements. It produces NPK granulated mixtures in the fertiliser sector. In 1999-2000, the company issued 30 lakhs equity shares of Rs 10/- each on private placement basis to promoters and their associates for additional working capital requirement.