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IFB Agro Industries Ltd.

BSE: 507438 Sector: Consumer
NSE: IFBAGRO ISIN Code: INE076C01018
BSE 12:22 | 07 Dec 613.05 15.65
(2.62%)
OPEN

612.75

HIGH

613.05

LOW

604.50

NSE 12:14 | 07 Dec 610.45 12.70
(2.12%)
OPEN

603.00

HIGH

618.90

LOW

602.75

OPEN 612.75
PREVIOUS CLOSE 597.40
VOLUME 19
52-Week high 759.00
52-Week low 365.40
P/E 8.30
Mkt Cap.(Rs cr) 574
Buy Price 606.40
Buy Qty 8.00
Sell Price 611.70
Sell Qty 22.00
OPEN 612.75
CLOSE 597.40
VOLUME 19
52-Week high 759.00
52-Week low 365.40
P/E 8.30
Mkt Cap.(Rs cr) 574
Buy Price 606.40
Buy Qty 8.00
Sell Price 611.70
Sell Qty 22.00

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 companiesIFB Automotive Seating & Systems Pvt LtdNurpurGases Pvt Ltd and Asansol Bottling & Packing Co Pvt Ltd has divested its holdings during 2001-02.

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