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ITL Industries Ltd.

BSE: 522183 Sector: Engineering
NSE: N.A. ISIN Code: INE478D01014
BSE 00:00 | 24 Sep 137.35 -0.50
(-0.36%)
OPEN

142.00

HIGH

142.00

LOW

136.10

NSE 05:30 | 01 Jan ITL Industries Ltd
OPEN 142.00
PREVIOUS CLOSE 137.85
VOLUME 6144
52-Week high 225.00
52-Week low 57.05
P/E 6.84
Mkt Cap.(Rs cr) 44
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 142.00
CLOSE 137.85
VOLUME 6144
52-Week high 225.00
52-Week low 57.05
P/E 6.84
Mkt Cap.(Rs cr) 44
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

ITL Industries Ltd. (ITLINDUSTRIES) - Company History

Incorporated in Jan.'89 ITL Industries (formerly Indore Tools) was incorporated as a private limited company and was converted into a public limited company in Feb.'93. It is being engaged in the business of manufacturing bandsaw machines an import substitute product and other special purpose machines and tools and promoted by Madan Singh Jain Manohar Singh Jain Vipin Kasat and Rakesh Baj.In 1993 the company undertook an expansion-cum-diversification programme. It expanded and modernised the plant facilities at Indore. It also introduced new line of products like welding machines bricquetting machines slotting machines etc. To part-finance the project the company came out with a public issue in Aug.'93.In 1994-95 the company diversified into agro products field and launched its potato french fries under the McDon brand name in the western region of the country. In Mar.'96 the company entered into a technical collaboration with a buy-back arrangement with Keuro Machinenbau GmbH & Co Germany.The company exported Special Purpose Machines worth Rs.757 lacs to US based Power Generating company. It has invested around Rs.100 lacs for necessary infrastructure facility during 2001-02. The company has invested Rs.55 lacs for necessary infrastructure & facilities.

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