Indian Borax Ltd - Company Profile

It is a chemicals and materials public limited company based in Baroda, Gujarat, India, established in 1995.
1995 Baroda, Gujarat, India Active
Last Updated:
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About Indian Borax Ltd

Indian Borax Ltd, a active public limited company, was established on 17 February 1995 in Baroda, Gujarat, India. Engaging in industrial chemicals within the manufacturing sector, it holds CIN: U74999GJ1995PLC024692. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹0.55 M.

It upholds a compliant status. Its leadership includes Bhavin Kishor Shah (Director), Kishorkumar Shah (Director), Manhar Kothari (Director). Past directors included Manhar Kothari, Dhirajlal Sukhlal Turakhia, Ashwin Amritlal Shah. Its latest AGM occurred on 12 September 2025, with the balance sheet filed on 31 March 2025. It is based at Synergy House Gorwasubhanpura, Baroda, Gujarat, 390023.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U20119GJ1995PLC024692

  • Registration Number

    024692

  • Incorporation Date

    17 February 1995

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹0.55 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 0.55 M
  • Company Age 31 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** -12.73%
  • Profit Growth **** -246.85%
  • Ebitda **** 38.55%
  • Net Worth -45.73%
  • Total Assets **** 17.10%
Company report

Indian Borax Ltd

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Indian Borax Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Indian Borax Ltd?
Current Directors
Name Designation Appointment Date Status
Bhavin Kishor Shah Director 02 Apr 2009 Current
Kishorkumar Shah Director 17 Feb 1995 Current
Manhar Kothari Director 14 Dec 2020 Current
Sharad Bhaskar Dave Director 01 Dec 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 23 Sep 2021 Past
Pramod Abcsdd Director 01 Sep 2009 Past
Pramod Abcsdd Director 28 Feb 2017 Past
Pramod Abcsdd Director 10 Dec 2020 Past
Pramod Abcsdd Director 01 Sep 2009 Past
Pramod Abcsdd Additional Director 23 Sep 2021 Past

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Financial Performance of Indian Borax.

Indian Borax Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.73% decrease. The company also saw a substantial fall in profitability, with a 246.85% decrease in profit. The company's net worth observed a substantial decline by a decrease of 45.73%.

Indian Borax revenue growth over time
Indian Borax profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 -12.73%
*******
*******
*******
*******
Revenue from Operations
*******
 -8.09%
*******
*******
*******
*******
Total Assets
*******
 17.10%
*******
*******
*******
*******
Profit or Loss
*******
 -246.85%
*******
*******
*******
*******
Net Worth
*******
 -45.73%
*******
*******
*******
*******
EBITDA
*******
 38.55%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Indian Borax?

In 2023, Indian Borax had a promoter holding of 88.97% and a public holding of 11.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Indian Borax?

Unlock and access historical data on people associated with Indian Borax, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Indian Borax, 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 Indian Borax's trajectory.

Rating
Graph displaying rating trends over time

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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.

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Latest Updates, News, and FAQs on Indian Borax
Recent Activity within the Organization
  • Annual General Meeting

    The activity Indian Borax Ltd last Annual general meeting of members was held on 12 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Indian Borax Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.

  • Director Appointment

    Manhar Kothari was appointed as a Director was appointed as a Director on 14 Dec 2020 & has been associated with this company since 5 years 4 months . was recorded as a recent event.

  • Director Appointment

    Progress on Sharad Bhaskar Dave was appointed as a Director was appointed as a Director on 01 Dec 2020 & has been associated with this company since 5 years 5 months . was documented.

  • Director Appointment

    The activity Bhavin Kishor Shah was appointed as a Director was appointed as a Director on 02 Apr 2009 & has been associated with this company since 17 years 1 month . was completed.

  • Director Appointment

    Progress on Kishorkumar Shah was appointed as a Director was appointed as a Director on 17 Feb 1995 & has been associated with this company since 31 years 2 months . was documented.

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Frequently Asked Questions
What is the CIN of Indian Borax Ltd?

The CIN of Indian Borax Ltd is U20119GJ1995PLC024692.

Where is Indian Borax Ltd headquartered?

Indian Borax Ltd is headquartered at Synergy House Gorwasubhanpura, Baroda, Gujarat, 390023.

When was Indian Borax Ltd incorporated?

Indian Borax Ltd was incorporated on 17 February 1995.

Who are the current directors of Indian Borax Ltd?

The current directors of Indian Borax Ltd are

What is the primary industry of Indian Borax Ltd?

The primary industry of Indian Borax Ltd is Manufacturing.

Is Indian Borax Ltd a listed company?

Indian Borax Ltd is unlisted.

What is the capital structure of Indian Borax Ltd?

The authorized capital of Indian Borax Ltd is ₹5.00 M, and the paid-up capital is ₹0.55 M.

What is the compliance status of Indian Borax Ltd?

The compliance status of Indian Borax Ltd is Compliant.

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