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IFB Agro Industries Ltd.

BSE: 507438 Sector: Consumer
NSE: IFBAGRO ISIN Code: INE076C01018
BSE 00:00 | 20 Jul 510.00 -5.05
(-0.98%)
OPEN

518.00

HIGH

518.00

LOW

510.00

NSE 00:00 | 20 Jul 526.20 1.10
(0.21%)
OPEN

527.95

HIGH

530.00

LOW

510.05

OPEN 518.00
PREVIOUS CLOSE 515.05
VOLUME 28
52-Week high 938.90
52-Week low 379.05
P/E 15.12
Mkt Cap.(Rs cr) 478
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 518.00
CLOSE 515.05
VOLUME 28
52-Week high 938.90
52-Week low 379.05
P/E 15.12
Mkt Cap.(Rs cr) 478
Buy Price 0.00
Buy Qty 0.00
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.