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Indo Borax & Chemicals Ltd.

BSE: 524342 Sector: Industrials
NSE: N.A. ISIN Code: INE803D01013
BSE 00:00 | 30 Jul 1810.30 -54.30
(-2.91%)
OPEN

1885.00

HIGH

1885.00

LOW

1800.00

NSE 05:30 | 01 Jan Indo Borax & Chemicals Ltd
OPEN 1885.00
PREVIOUS CLOSE 1864.60
VOLUME 6833
52-Week high 2079.00
52-Week low 295.20
P/E 16.72
Mkt Cap.(Rs cr) 581
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 1885.00
CLOSE 1864.60
VOLUME 6833
52-Week high 2079.00
52-Week low 295.20
P/E 16.72
Mkt Cap.(Rs cr) 581
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Indo Borax & Chemicals Ltd. (INDOBORAXCH) - Company History

Indo Borax and Chemicals Limited (IBCL) is an India-based company. The Company is engaged in the manufacturing and selling of chemicals. Its product portfolio includes BORIC ACID (Tech. Grade) Powder BORIC ACID (Tech. Grade) Granular Boric Acid ( I. P.) Borax Decahydrate Granular and Borax Decahydrate Crystal. The Companys plant is located in Pithampur Madhya Pradesh. Its BORIC ACID (Tech. Grade) Powder is used for fluxes and metallurgical operation such as welding paste fluxes and soldering fluxes. The Companys subsidiary is Indoborax Infrastructure Pvt. Ltd (IIPL).Indo Borax came into existence in 1980 and the company establsiehd its first Boric Acid plant at Asangaon in Maharashtra in the year 1981 followed by the establishment of a Borax plant in 1983. The stock of the company was offered to Public in 1993 resulting in an overwhelming response from investors and was oversubscribed over 1600%.Today Indo Borax operates a most modern Boric Acid and Borax plant at Pithampur Madhya Pradesh. Situated near the commercially important town of Indore in the heart of the country the plant is well connected by an efficient transport network to all parts of India. The plant employs continuous process and is fully capable of generating its own power requirements. The plant also enjoys the approval of Food and Drug Administration for manufacturing pharmaceutical grade of Boric Acid.During the fiscal year ended March 31 2010 (fiscal 2010) the Company produced 6123 million tons of boron products. During fiscal 2010 the Comapny had an installed capacity of 14400 boron products.

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