Indo Borax & Chemicals Limited

This company manufactures boric acid and borax products with a workforce of 300 employees.

1980 | Mumbai, Maharashtra (India) | Active
Last Updated:

Indo Borax & Chemicals Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 3.21 Cr
  • Company Age 44 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.75 Cr
  • Satisfied Charges ₹ 34.18 Cr
  • Revenue Growth 25.00%
  • Profit Growth 38.84%
  • Ebitda 29.64%
  • Net Worth 22.97%
  • Total Assets 24.07%

About Indo Borax & Chemicals

Indo Borax & Chemicals Limited (IBCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 September 1980 and has a history of 44 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 524342 and on the National Stock Exchange(NSE) under INDOBORAX.

The Corporate was formerly known as Indo Borax & Chemicals Pvt Limited. The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 3.21 Cr.

The company currently has active open charges totaling ₹11.75 Cr. The company has closed loans amounting to ₹34.18 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Indo Borax & Chemicals Limited India are Pravin Chavan as COMPANY SECRETARY and Sajal Jain as Cfo. Minakshi Pawan, Yogesh Patil, Sachin Gupta, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L24100MH1980PLC023177

  • Company No.

    023177

  • Stock Symbol

    BSE : 524342 NSE : INDOBORAX

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Sep 1980

  • Date of AGM

    27 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

What products or services does Indo Borax & Chemicals Limited offer?

Indo Borax & Chemicals Limited offers a wide range of products and services, including Fertilizers and Soil Additives, Micronutrient Fertilizers, Boric Acid, Borax.

Company report

Indo Borax & Chemicals Limited

Explore comprehensive data for Indo Borax & Chemicals Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Indo Borax & Chemicals?

Executive Team (2)

NameDesignationAppointment DateStatus
Pravin Chavan Country flag representing In Company Secretary31-Mar-2015Current
Sajal Jain Country flag representing In CFO01-Dec-2020Current

Board Members (5)

NameDesignationAppointment DateStatus
Yatin Shah Country flag representing In Director 13-Feb-2024Current
Minakshi Pawan Country flag representing In Director 01-Jun-2024Current
Yogesh Patil Country flag representing In Director 13-Feb-2024Current
Sachin Gupta Country flag representing In Director 12-Nov-2021Current
Govind Parmar Country flag representing In Whole-Time Director 30-May-2011Current

Financial Performance of Indo Borax & Chemicals.

Indo Borax & Chemicals Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25% increase. The company also saw a substantial improvement in profitability, with a 38.84% increase in profit. The company's net worth Soared by an impressive increase of 22.97%.

Indo Borax & Chemicals revenue growth over time
Indo Borax & Chemicals profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
25.00%
Revenue from Operations
22.55%
Total Assets
24.07%
Profit or Loss
38.84%
Net Worth
22.97%
EBITDA
29.64%

What is the Ownership and Shareholding Structure of Indo Borax & Chemicals?

In 2023, Indo Borax & Chemicals had a promoter holding of 53.00% and a public holding of 47.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.75 Cr

Satisfied Charges

₹34.18 Cr

Charges Breakdown by Lending Institutions

  • Kotak Mahindra Bank Limited : 11.75 Cr

Latest Charge Details

DateLenderAmountStatus
09 Nov 2011Kotak Mahindra Bank Limited₹11.75 CrOpen
26 Dec 2003Syndicate Bank₹6.00 MSatisfied
21 Oct 2003Syndicate Bank₹2.60 CrSatisfied
14 Jan 1998Syndicaste Bank₹5.00 MSatisfied
14 Jan 1998Syndicaste Bank₹9.30 MSatisfied

How Many Employees Work at Indo Borax & Chemicals?

Indo Borax & Chemicals has a workforce of 101 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Indo Borax & Chemicals Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Indo Borax & Chemicals, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Indo Borax & Chemicals's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Indo Borax & Chemicals

Recent activity within the organization

  • Annual General Meeting

    Indo Borax & Chemicals Limited last Annual general meeting of members was held on 27 Aug 2024 as per latest MCA records.

  • Director Appointment

    Minakshi Bansal Pawan was appointed as a Director was appointed as a Director on 01 Jun 2024 & has been associated with this company since 10 months 25 days .

  • Balance Sheet

    Indo Borax & Chemicals Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Yogesh Pratap Patil was appointed as a Director was appointed as a Director on 13 Feb 2024 & has been associated with this company since 1 year 2 months .

  • Director Appointment

    Yatin Narendra Shah was appointed as a Director was appointed as a Director on 13 Feb 2024 & has been associated with this company since 1 year 2 months .

  • Director Appointment

    Sachin Nagarmal Gupta was appointed as a Director was appointed as a Director on 12 Nov 2021 & has been associated with this company since 3 years 5 months .

Frequently asked questions

  • What is the Incorporation or founding date of Indo Borax & Chemicals Limited?

    Indo Borax & Chemicals Limited was incorporated on 23 Sep 1980.

  • What is authorized share capital and paid-up capital of Indo Borax & Chemicals Limited?

    The authorized share capital of Indo Borax & Chemicals Limited is ₹ 6.00 Cr and paid-up capital is ₹ 3.21 Cr.

  • Who are the current board members & directors of Indo Borax & Chemicals Limited?

    Currently 8 directors are associated with Indo Borax & Chemicals Limited.

    • Minakshi Bansal Pawan
    • Pravin Prabhakar Chavan
    • Sajal Sushilkumar Jain
    • Yogesh Pratap Patil
    • Sachin Nagarmal Gupta
    • Yatin Narendra Shah
    • Govind Ramlal Parmar
    • Sajal Sushilkumar Jain

  • What is the registered address of Indo Borax & Chemicals Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Indo Borax & Chemicals Limited is 302 Link Rose Linking Road Santacruz (West), India, Mumbai, Maharashtra, 400054.

  • What is the corporate identification number (CIN) and company number of Indo Borax & Chemicals Limited?

    The corporate identification number (CIN) of Indo Borax & Chemicals Limited is L24100MH1980PLC023177 and the company number is 023177 as per Ministry of Corporate Affairs (MCA).

  • Is Indo Borax & Chemicals Limited registered with any stock exchange in India?

    Yes, Indo Borax & Chemicals Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): INDOBORAX.

  • What is the official website of Indo Borax & Chemicals Limited?

    The Official website of Indo Borax & Chemicals Limited is https://www.indoborax.com

  • What has been the recent revenue trend for Indo Borax & Chemicals Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Indo Borax & Chemicals Limited has risen by 25.00%.

  • How many employees does Indo Borax & Chemicals Limited currently have?

    As Per 2023 financial reports, 101 employees are currently employed by Indo Borax & Chemicals Limited.

  • What change has been observed in the net worth of Indo Borax & Chemicals Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Indo Borax & Chemicals Limited has experienced an upsurge of 22.97%.

  • What are the total open charges for Indo Borax & Chemicals Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Indo Borax & Chemicals Limited amount to ₹ 11.75 Cr.

  • When was the last Balance Sheet of Indo Borax & Chemicals Limited filed with the ROC?

    The most recent Balance Sheet for Indo Borax & Chemicals Limited was filed with the ROC on 31 Mar 2024.

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