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M P Agro Industries Ltd.

BSE: 506543 Sector: Agri and agri inputs
NSE: N.A. ISIN Code: INE468C01017
BSE 00:00 | 07 Aug 2.25 0.10
(4.65%)
OPEN

2.25

HIGH

2.25

LOW

2.25

NSE 05:30 | 01 Jan M P Agro Industries Ltd
OPEN 2.25
PREVIOUS CLOSE 2.15
VOLUME 100
52-Week high 4.81
52-Week low 1.63
P/E
Mkt Cap.(Rs cr) 1
Buy Price 2.25
Buy Qty 100.00
Sell Price 1.63
Sell Qty 100.00
OPEN 2.25
CLOSE 2.15
VOLUME 100
52-Week high 4.81
52-Week low 1.63
P/E
Mkt Cap.(Rs cr) 1
Buy Price 2.25
Buy Qty 100.00
Sell Price 1.63
Sell Qty 100.00

M P Agro Industries Ltd. (MPAGROINDS) - Company History

Incorporated in Dec.'75, M P Agro Industries (formerly M P Agro Fertilisers) commenced business from Jul.'76. The company was originally promoted by the M P State Agro Industries Development Corporation, Bhopal, and Dharamsi Morarji Chemicals. In Oct.'91, it was taken over by Liberty Fertilisers, a group company of the Dhamani group, which also has Sayaji Hotels as a group company. It is presently managed by chairman Abdul Razak D Dhamani. In Jun.'93, the company came out with a rights issue (5:1) of 23.4 lac equity shares at par aggregating Rs 2.34 cr to finance the cost of additional machinery and building and to meet long-term working capital requirements. It produces NPK granulated mixtures in the fertiliser sector. In 1999-2000, the company issued 30 lakhs equity shares of Rs 10/- each on private placement basis to promoters and their associates for additional working capital requirement.