Indofil Industries Limited
+74.45 % 1 MAbout Indofil Industries Limited
A Comprehensive Overview of Price & Journey
Understanding Indofil Industries Limited Inception and Growth
Indofil Industries Limited is an unlisted company trading in the private market. Unlike listed companies, the valuation and share price of unlisted or Pre-IPO companies are determined via negotiation and demand & supply. Indofil Industries Limited is an unlisted share.
Investors looking for diversification of their portfolio should carefully analyze Indofil Industries Limited unlisted share price, valuation, and research report for the latest year. This is the comprehensive coverage of Indofil Industries Limited unlisted shares that answers simple questions of investors, such as how to buy unlisted. Pre-IPO shares of Indofil Industries Limited: What does Indofil Industries Limited do, and How has Indofil Industries Limited performed in recent years?
Overview
Indofil Industries Limited has been in the agro specialty and innovative solution business for about six decades. They are a diverse, equitable, and inclusive enterprise. They firmly believe in Environmental, Social, and Corporate Governance (ESG) and are committed to a sustainable business.
For over six decades, Indofil Industries Limited (the Company) has created a unique place for itself in both Agricultural Chemicals (ABD) and Indofil Innovative Solutions (IIS). In the agrochemical segment, the company has a diverse portfolio of patented and co-branded products in addition to formulations that aid in plant health and enhancement of agricultural productivity. The company also manufactures and supplies specialty performance chemicals across the plastic, leather, textile, coating, and construction sectors.
The company receives revenue of around 45% from Agro International, 40% from Agro Domestic, and the remaining 15% from the innovative solutions. It receives around 55% of its revenue from India, 23% from Latin America, 15% from ROW, and 8% from Europe.
The company has emerged as a strong market leader in both categories, owing to its technologically advanced manufacturing infrastructure, a result-oriented research & development team, and an excellent domestic and international distribution network. The company is one of the reputed suppliers of mancozeb formulations in 124 countries. In the domestic market, the company is successful in the strategic marketing of insecticides, fungicides, bactericides, herbicides, acaricides, surfactants, and plant growth regulators (PGR). The company is present in the micronutrients and bio-stimulants segments in partnership with a US-based company. The company is driven by the “Crop Care Concept” in the agriculture business.
Principal Business
Agro chemicals
- Fungicides
- Herbicides
- Insecticides
- Surfactants and Plant Growth Regulators
- Acaricides
Specialty & Performance Chemicals
- Leather: Preservatives | Degreasing Agents | Syntans
- Plastics: Acrylic Impact Modifiers | Acrylic Processing Aids
- Textiles: Acrylic Binders | Silicone Emulsions | Water Repellents
- Coatings and Construction: Water-based Emulsions | Cement Modifiers
- Other Solutions: Resins and Binders | Waxes and Fillers
- Waterproofing: Chemicals Tile Adhesives
Board of Directors
- Dr. Bina Modi, Chairperson & Managing Director
- Ms. Charu Modi, Executive Director
- Mr. Samir Modi, Non-Executive and Non-Independent Director
- Ms. Aliya Modi, Non-Executive and Non-Independent Director
- Mr. Mayur Maheshwari, Nominee Director
- Mr. S. Lakshminarayanan, Non-Executive and Independent Director
- Mr. M. N. Thakkar, Non-Executive and Independent Director
- Dr. Atchutuni L. Rao, Whole-time Director - Operations
Company Initiatives and New Ventures
- Embracing Green Chemistry: Diversified product portfolio with natural bio-fertilizers and bio-stimulants.
- Specialty Chemicals Venture: Entered the paint, leather, textile, and plastic industries with emulsifiers.
Core Strengths
- Keeping pace with technological advancements to understand the current pulse of the market in keeping with the global digitization trends.
- Boasts of a proficient team of experts capable of handling logistics and supply chains efficiently, led by their rich industry experience.
- Strategic organizational objectives and the day-to-day business operations are well aligned with each other.
- A vast product portfolio enables the company to offer diverse solutions to a variety of end-user segments.
- Strong market penetration is the backbone of the company's operations and has enabled it to build long-lasting relationships in both domestic and international markets.
Subsidiaries
- Good Investment (India) Ltd
- Quick Investments (India) Ltd
- Indofil Bangladesh Industries Pvt Ltd
- Indofil Industries Netherlands BV
- Indofil Industries (International) BV
- Indofil Costa Rica SA
- Indofil Industries DO Brazil LTDA
- Indofil Philippines, Inc.
- Agrowin Biosciences S.R.L.
Joint ventures of the company include:
-
PVC additives producer Reagans (San Giorgio, Italy)
-
Shanghai Baijin Chemicals Group Company Ltd | 2014.
Indofil Share Price & Indofil Share Price NSE
The Indofil Industries Limited Unlisted Share Price can be followed on our website, and investors can seek information on the Indofil share price NSE for the most up-to-date, real-time data. Individuals looking for the Indofil share price today can follow the latest information from the National Stock Exchange (NSE) for live market information.
Indofil Share Price Target 2025
For investors looking ahead, the Indofil Industries Limited unlisted share price target 2025 is a point of interest. But it's important to watch out for market trends, company performance, and expert financial analysis to accurately predict its future performance and Indofil Industries Limited Unlisted Share Price fluctuations.
IPO Details
There is no information provided by the company regarding the IPO plans.
Dividend Details
The Directors are pleased to recommend for approval of the Company’s Shareholders at the ensuing Annual General Meeting (AGM) a final Dividend of 100% for the year ended March 31, 2023, i.e., 10/- for each Fully Paid Up Equity. Share of 10 each and 3/- for each partly paid-up equity. Share of 3 each.
Right Issue
In 2014, Indofil issued rights at Rs. 264 per share (Premium of Rs. 254), and it got paid partly Rs. 80 per share (premium of Rs. 77). In a meeting held on 14th March, 2024, the BOD has decided to make the First and the Second Call of Rs.184 per share (Face Value of Rs.7 and Premium of 177) in respect of 2,295,822 outstanding partly paid-up shares.
Registered Office
The registered office of the company is located in Andheri, Mumbai, Maharashtra.
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Indofil Industries Limited is an unlisted company trading in the private market. Unlike listed companies, the valuation and share price of unlisted or Pre-IPO companies are determined via negotiation and demand & supply. Indofil Industries Limited is an unlisted share.
Investors looking for diversification of their portfolio should carefully analyze Indofil Industries Limited unlisted share price, valuation, and research report for the latest year. This is the comprehensive coverage of Indofil Industries Limited unlisted shares that answers simple questions of investors, such as how to buy unlisted. Pre-IPO shares of Indofil Industries Limited: What does Indofil Industries Limited do, and How has Indofil Industries Limited performed in recent years?
Overview
Indofil Industries Limited has been in the agro specialty and innovative solution business for about six decades. They are a diverse, equitable, and inclusive enterprise. They firmly believe in Environmental, Social, and Corporate Governance (ESG) and are committed to a sustainable business.
For over six decades, Indofil Industries Limited (the Company) has created a unique place for itself in both Agricultural Chemicals (ABD) and Indofil Innovative Solutions (IIS). In the agrochemical segment, the company has a diverse portfolio of patented and co-branded products in addition to formulations that aid in plant health and enhancement of agricultural productivity. The company also manufactures and supplies specialty performance chemicals across the plastic, leather, textile, coating, and construction sectors.
The company receives revenue of around 45% from Agro International, 40% from Agro Domestic, and the remaining 15% from the innovative solutions. It receives around 55% of its revenue from India, 23% from Latin America, 15% from ROW, and 8% from Europe.
The company has emerged as a strong market leader in both categories, owing to its technologically advanced manufacturing infrastructure, a result-oriented research & development team, and an excellent domestic and international distribution network. The company is one of the reputed suppliers of mancozeb formulations in 124 countries. In the domestic market, the company is successful in the strategic marketing of insecticides, fungicides, bactericides, herbicides, acaricides, surfactants, and plant growth regulators (PGR). The company is present in the micronutrients and bio-stimulants segments in partnership with a US-based company. The company is driven by the “Crop Care Concept” in the agriculture business.
Principal Business
Agro chemicals
- Fungicides
- Herbicides
- Insecticides
- Surfactants and Plant Growth Regulators
- Acaricides
Specialty & Performance Chemicals
- Leather: Preservatives | Degreasing Agents | Syntans
- Plastics: Acrylic Impact Modifiers | Acrylic Processing Aids
- Textiles: Acrylic Binders | Silicone Emulsions | Water Repellents
- Coatings and Construction: Water-based Emulsions | Cement Modifiers
- Other Solutions: Resins and Binders | Waxes and Fillers
- Waterproofing: Chemicals Tile Adhesives
Board of Directors
- Dr. Bina Modi, Chairperson & Managing Director
- Ms. Charu Modi, Executive Director
- Mr. Samir Modi, Non-Executive and Non-Independent Director
- Ms. Aliya Modi, Non-Executive and Non-Independent Director
- Mr. Mayur Maheshwari, Nominee Director
- Mr. S. Lakshminarayanan, Non-Executive and Independent Director
- Mr. M. N. Thakkar, Non-Executive and Independent Director
- Dr. Atchutuni L. Rao, Whole-time Director - Operations
Company Initiatives and New Ventures
- Embracing Green Chemistry: Diversified product portfolio with natural bio-fertilizers and bio-stimulants.
- Specialty Chemicals Venture: Entered the paint, leather, textile, and plastic industries with emulsifiers.
Core Strengths
- Keeping pace with technological advancements to understand the current pulse of the market in keeping with the global digitization trends.
- Boasts of a proficient team of experts capable of handling logistics and supply chains efficiently, led by their rich industry experience.
- Strategic organizational objectives and the day-to-day business operations are well aligned with each other.
- A vast product portfolio enables the company to offer diverse solutions to a variety of end-user segments.
- Strong market penetration is the backbone of the company's operations and has enabled it to build long-lasting relationships in both domestic and international markets.
Subsidiaries
- Good Investment (India) Ltd
- Quick Investments (India) Ltd
- Indofil Bangladesh Industries Pvt Ltd
- Indofil Industries Netherlands BV
- Indofil Industries (International) BV
- Indofil Costa Rica SA
- Indofil Industries DO Brazil LTDA
- Indofil Philippines, Inc.
- Agrowin Biosciences S.R.L.
Joint ventures of the company include:
-
PVC additives producer Reagans (San Giorgio, Italy)
-
Shanghai Baijin Chemicals Group Company Ltd | 2014.
Indofil Share Price & Indofil Share Price NSE
The Indofil Industries Limited Unlisted Share Price can be followed on our website, and investors can seek information on the Indofil share price NSE for the most up-to-date, real-time data. Individuals looking for the Indofil share price today can follow the latest information from the National Stock Exchange (NSE) for live market information.
Indofil Share Price Target 2025
For investors looking ahead, the Indofil Industries Limited unlisted share price target 2025 is a point of interest. But it's important to watch out for market trends, company performance, and expert financial analysis to accurately predict its future performance and Indofil Industries Limited Unlisted Share Price fluctuations.
IPO Details
There is no information provided by the company regarding the IPO plans.
Dividend Details
The Directors are pleased to recommend for approval of the Company’s Shareholders at the ensuing Annual General Meeting (AGM) a final Dividend of 100% for the year ended March 31, 2023, i.e., 10/- for each Fully Paid Up Equity. Share of 10 each and 3/- for each partly paid-up equity. Share of 3 each.
Right Issue
In 2014, Indofil issued rights at Rs. 264 per share (Premium of Rs. 254), and it got paid partly Rs. 80 per share (premium of Rs. 77). In a meeting held on 14th March, 2024, the BOD has decided to make the First and the Second Call of Rs.184 per share (Face Value of Rs.7 and Premium of 177) in respect of 2,295,822 outstanding partly paid-up shares.
Registered Office
The registered office of the company is located in Andheri, Mumbai, Maharashtra.
About Indofil Industries Limited
IPO Details, Price movement
Performance Highlights for FY 2023-24
- Revenue from operations increased by 0.7% from INR 3047 crore in FY23 to INR 3069 crore in FY24.
- Total revenue increased by 0.8% from INR 3095.5 crore in FY23 to INR 3118.7 crore in FY24.
- Profit Before Tax increased by 27.8% from INR 284.5 crore in FY23 to INR 363.7 crore in FY24.
- The company's profit after tax rose by 46.2% from INR 187.3 crore in FY23 to INR 274 crore in FY24.
- Net cash used in operating activities was INR 67 crore in FY23, and its cash flow from operating activities was INR 427 crore in FY24.
- Cash flow from investing activities was INR 1.1 crore in FY23, and it was INR 48 crore in FY24.
- Net cash used in financing activities was INR 184 crore in FY23 and was INR 257 crore in FY24.
Fundamentals
Financials
All values are INR Cr except per share value
| P&L Statement | 2022 | 2023 | 2024 |
|---|---|---|---|
| Revenue | 2795.09 | 3046.63 | 3068.77 |
| Other Income | 75.03 | 48.82 | 49.94 |
| COGS | 1666.85 | 1689.39 | 1427.50 |
| Gross Profit | 1203.27 | 1406.06 | 1691.21 |
| Total Expense | 771.76 | 978.37 | 1198.83 |
| EBIDTA | 431.51 | 427.69 | 492.38 |
| D&A | 89.87 | 86.84 | 89.36 |
| EBIT | 341.64 | 340.85 | 403.02 |
| Interest Expense | 45.23 | 46.07 | 39.34 |
| PBT | 296.41 | 284.46 | 363.68 |
| TAX | 89.36 | 97.16 | 89.76 |
| PAT | 207.05 | 187.30 | 273.92 |
| Diluted EPS | 102.49 | 112.94 | 155.57 |
| Basic EPS | 102.49 | 112.94 | 155.57 |
| Total income | 2,870.12 | 3,095.45 | 3,118.71 |
ASSETS
| CURRENT ASSETS | 2022 | 2023 | 2024 |
|---|---|---|---|
| Cash and Cash Equivalents | 390.82 | 140.51 | 358.15 |
| Trade Payables | 784.71 | 758.01 | 902.88 |
| Inventory | 641.32 | 688.90 | 525.29 |
| Other Current Assets | 301.56 | 242.62 | 194.59 |
| Total Current Assets | 2,118.41 | 1,830.04 | 1,980.91 |
| NON CURRENT ASSETS | 2022 | 2023 | 2024 |
|---|---|---|---|
| Plant Property and Equipment | 634.42 | 626.12 | 585.10 |
| Long Term Investment | 786.77 | 1373.03 | 2274.62 |
| Other Non Current Assets | 304.38 | 303.37 | 315.70 |
| Total Non Current Assets | 1,725.57 | 2,302.52 | 3,175.42 |
| Total Assets | 3,843.98 | 4,132.56 | 5,156.33 |
|---|
| CURRENT LIABILITES | 2022 | 2023 | 2024 |
|---|---|---|---|
| TRADW Payable | 818.50 | 438.92 | 477.19 |
| Other Current Liab | 568.87 | 520.56 | 394.57 |
| NON CURRENTLIABILITIES | 2022 | 2023 | 2024 |
|---|---|---|---|
| Long Term Debt | 175.76 | 116.28 | 53.32 |
| Deffered Tax Liab | 25.61 | 107.47 | 209.30 |
| Other Non Current Liab | 32.88 | 31.80 | 27.90 |
LIABILITIES
| EQUITY | 2022 | 2023 | 2024 |
|---|---|---|---|
| Share Capital | 21.35 | 21.35 | 21.35 |
| Other Equity | 2201.50 | 2896.18 | 3973.00 |
| Total Equity | 2,222.85 | 2,917.53 | 3,994.35 |
| Total Liabilities & Equity | 2,222.85 | 2,917.53 | 3,994.35 |
|---|
| CASH FLOW STAT | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Cash Flow from operating | - | 333.44 | 769.69 | 397.22 |
| Cash Flow from financing | - | -275.50 | -536.05 | -150.96 |
| Cash Flow from investing | - | -70.22 | -134.50 | -98.56 |
| Net cash flow | 0.00 | -12.28 | 99.14 | 147.70 |
Revenue Growth
PAT Growth %
EPS Growth %
TOTAL ASSETS Growth %
QUICK RATIO Growth %
LONG TERM DEBT TO EQUITY RATIO Growth %
Shareholding Pattern
2026
| Name | Designation | Share % |
|---|---|---|
| K.K. Modi Investment and Financial Services | NA | 43.87% |
| U.P. State Industrial Development Corporation | NA | 9.45% |
| Rajputana Developers Limited | NA | 8.89% |
| APMS Investment Fund Limited (FII) | NA | 6.81% |
| Modi Industries Limited | NA | 5.08% |
| Others | NA | 25.90% |
Events
| Name | Date | Details |
|---|---|---|
| No events available. | ||
Frequently Asked Questions
Like any other financial product or commodity, the price of unlisted shares is discovered at the intersection of demand from buyers and supply from sellers of particular unlisted shares.
The two determinants of price are dynamic factors and keep changing constantly, hence share price tends to fluctuate constantly – every day, every minute.
Upon successful completion of a deal, the unlisted shares are credited electronically directly to your standard demat account that is usually created with CDSL or NSDL (Central Depository Services Limited or National Securities Depository Limited).
The lock-in period of Purple Style Labs Limited varies depending on the category of the investor:
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Venture capital or foreign venture capital investors are subject to lock-in period of 6 months from the date of acquisition of shares
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For AIF investors of Category-II are not subject to any lock-in.
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Any other investor, including retail investors, HNI or corporate investors are subject to a lock-in period of 6 months from the date of listing.
Note – The above-mentioned lock-in is for mainboard, however for SME IPO the applicable lock-in period is 1 Year.
There is no regulatory minimum limit to invest in unlisted shares. However, minimum investment size varies with the per share price. Earlier, the typical investment size often ranges between 70K – 100K, but with the growing awareness and increased participation the investment size has been down sized to 50k.
Short-Term Capital Gain tax is applicable when you sell your unlisted shares within a year from date of acquisition. Realized gain is taxable at your slab rate after consolidating in total income for the year. Hence, the rate of tax depends on your overall income for the particular financial year.
Long-Term Capital Gain taxes are applicable when you sell your unlisted shares after two years from the date of acquisition. LTCG tax is calculated on profits realized on sale of unlisted shares at 12.5%. Investors particularly retail or HNI must understand the concept clearly as it impacts strategy and tax planning.
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You can download the NSDL or CDSL application and login into the account and check whether the shares have been credited or not.
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Credit of Unlisted Shares/Pre-IPO shares can be checked in brokers application as well but it takes T+2 days to show the shares.
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You would also get email confirmation of credit of shares via email
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The value of share in unlisted space is determined in the same way as it is done in the listed market. Demand and supply decide the price of any share. If the demand is more than the supply, then the price of the share increases and vice versa.
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When a new share is introduced in the unlisted space, the value of the company is decided upon the last funding raised by the company. If the company hasn’t raised any funding in the past, then the valuation is decided upon the fundamentals of the company.
Yes, investing in unlisted shares is legal in India, the activity is regulated and governed under the rules and guidelines laid by SEBI (Securities and Exchange Board of India). Related parties must comply with the regulations and guidelines to ensure legal and financial standards.
Investing in unlisted shares in India carries a significant and distinctive risk profile such as limited liquidity, lack of transparent pricing and regulatory oversight because unlisted shares do not trade on listed stock exchange, they are bought or sold in OTC (over the counter) market that makes vulnerable to following risks:
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Liquidity risk, unlisted shares are difficult to buy and sell,
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Lack of transparent pricing, as share price of pre-IPO or unl;isted company is often determined by narrative not fundamentals
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Lack of information disclosure, unlisted companies are not mandated for disclosures like listed companies
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Tax ambiguity, because determination of fair market value and cost of acquisition of unlisted shares is often disputed
Hence, investors should carefully examine related facts before investing in Pre-IPO or unlisted shares.