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IFB Agro Industries Ltd.

BSE: 507438 Sector: Consumer
NSE: IFBAGRO ISIN Code: INE076C01018
BSE 00:00 | 20 Sep 383.20 5.55
(1.47%)
OPEN

379.00

HIGH

407.65

LOW

365.00

NSE 00:00 | 20 Sep 383.10 4.25
(1.12%)
OPEN

387.00

HIGH

405.00

LOW

373.85

OPEN 379.00
PREVIOUS CLOSE 377.65
VOLUME 1676
52-Week high 705.00
52-Week low 241.05
P/E 14.49
Mkt Cap.(Rs cr) 359
Buy Price 383.20
Buy Qty 50.00
Sell Price 415.00
Sell Qty 10.00
OPEN 379.00
CLOSE 377.65
VOLUME 1676
52-Week high 705.00
52-Week low 241.05
P/E 14.49
Mkt Cap.(Rs cr) 359
Buy Price 383.20
Buy Qty 50.00
Sell Price 415.00
Sell Qty 10.00

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.