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Riddhi Siddhi Gluco Biols Ltd.

BSE: 524480 Sector: Others
NSE: N.A. ISIN Code: INE249D01019
BSE 00:00 | 26 Oct 226.75 -6.80
(-2.91%)
OPEN

238.95

HIGH

238.95

LOW

220.00

NSE 05:30 | 01 Jan Riddhi Siddhi Gluco Biols Ltd
OPEN 238.95
PREVIOUS CLOSE 233.55
VOLUME 333
52-Week high 309.00
52-Week low 156.00
P/E 2.44
Mkt Cap.(Rs cr) 162
Buy Price 226.75
Buy Qty 114.00
Sell Price 233.50
Sell Qty 50.00
OPEN 238.95
CLOSE 233.55
VOLUME 333
52-Week high 309.00
52-Week low 156.00
P/E 2.44
Mkt Cap.(Rs cr) 162
Buy Price 226.75
Buy Qty 114.00
Sell Price 233.50
Sell Qty 50.00

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.

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