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Riddhi Siddhi Gluco Biols Ltd.

BSE: 524480 Sector: Others
NSE: N.A. ISIN Code: INE249D01019
BSE 14:29 | 23 May 275.00 11.50
(4.36%)
OPEN

275.00

HIGH

275.50

LOW

275.00

NSE 05:30 | 01 Jan Riddhi Siddhi Gluco Biols Ltd
OPEN 275.00
PREVIOUS CLOSE 263.50
VOLUME 114
52-Week high 635.00
52-Week low 221.35
P/E
Mkt Cap.(Rs cr) 196
Buy Price 256.20
Buy Qty 5.00
Sell Price 275.00
Sell Qty 17.00
OPEN 275.00
CLOSE 263.50
VOLUME 114
52-Week high 635.00
52-Week low 221.35
P/E
Mkt Cap.(Rs cr) 196
Buy Price 256.20
Buy Qty 5.00
Sell Price 275.00
Sell Qty 17.00

Riddhi Siddhi Gluco Biols Ltd. (RIDDHISIDDHIGL) - Company History

Promoted by Ganpatraj Chowdhary and Sampatraj Chowdhary, Riddhi Siddhi Gluco Boils Ltd. formerly known as Riddhi Siddhi Starch & Chemicals was incorporated as Riddhi Siddhi Chemicals Pvt Ltd in Jul.'90. The company became a public limited company in Feb.'92 and its name was changed to the present one in Apr.'92. The company came out with a public issue in Nov.'93 to part-finance a project to set up an unit to manufacture starch and its by-products in Junapadhar (Ahmedabad district), Gujarat. The company's products include maize starch powder, white dextrine, yellow dextrine, thin boiling starch and oxidised starch. These products are used in industries like food products, pharmaceutical formulations, packing materials, textiles, etc. The by-products generated during the manufacturing process are husk fibre, gluten, oil cake and maize oil. Husk fibre, gluten and oil cake are sold as cattle feed and maize oil is refined further to produce edible oil. The installed capacity of the Maize Starch & Allied Products is being expanded to 62700 mtpa.