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Insilco Ltd
Chemicals
₹ (%)
₹ (%)
- NSE
- BSE
Overview
- BSE Code 500211
- NSE Symbol INSILCO
- ISIN Demat INE901A01011
- Book Value (₹) 5.87
- Face Value (₹) 10.00
- Market Cap (₹ Cr.) 52.43
- P/E (TTM) 0.00
- EPS (TTM) 0.00
- Div Yield (%) 0.00
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About Insilco Ltd
Jointly promoted by Vam Organic Chemicals and De Gussa, Germany, Insilco produces spray dried silica. The company's product is a versatile raw material used in a wide range of industries. It is used as a reinforcing agent in rubber products like tyres, rice rollers, footwear, conveyor belts, etc. It is used as a carrier for active ingredients in pesticides and also as a grinding aid. In toothpastes, it is used as a thickening agent. In poultry feed additives, it is used to convert liquid into powder. In spices, food pre-mixes, etc, it is used as a free-flow and anti-caking agent to increase the shelf life. The company came out with a public issue to part-finance a project in Jan.'92. The company has been accredited by the BVQI with the prestigious ISO 9002 _x000D_
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During the year 1999-2000, the Company acquired the assets of the Silica Manufacturing unit of MTZ (India) Ltd. at a price of US$ 5500000. The plant has a capacity of 5500 TPA and has been approved for expansion to 9000 TPA which is expected to be completed by 2001. The Company issued partly convertible debentures of Rs 250/- each ammounting to 300 Mio on rights basis to existing shareholders in January, 2000 to part finance the acquisition of the Patalganga Unit. _x000D_
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Insilco is looking at the possibility of 10,000 tpa of additional capacity to meet future demand growth in India. The company plans to focus on non-rubber applications, especially in areas like pharmaceuticals and food products. It is also exploring the possibilities of introducing a new grade of silica, Ultrasil 7000 GR._x000D_
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During the year 2000-2001, in the Gajraula Plant of the Company, the existing programmable Logic Control System(PLC) was replaced by the next Generation Process Controls ie. Distributed Control Systems(DCS)._x000D_
| Founded | : 1988 |
| Chairman | : Sonia Prashar |
| Managing Director | : Vinod Paremal |
| Address | : A-5 UPSIDC Indl Estate, Bhartiagram Jyotiba Phule Ngr, Gajraula, Uttar Pradesh, 244223, |
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