Indo Borax & Chemicals Limited - Company Profile

It is a chemicals and materials public limited company based in Mumbai, Maharashtra, India, established in 1980.

1980 Mumbai, Maharashtra, India Active

Last Updated: January 06, 2026

About Indo Borax & Chemicals Limited

Indo Borax & Chemicals Limited, a active public limited company, was established on 23 September 1980 in Mumbai, Maharashtra, India. Engaging in specialty chemicals within the manufacturing sector, it holds CIN: L24100MH1980PLC023177. Registered under ROC Roc Mumbai. it is listed on BSE: 524342 and NSE: INDOBORAX. It has an authorized capital of ₹6.00 Cr and a paid-up capital of ₹3.21 Cr.

Formerly known as Indo Borax & Chemicals Pvt Limited. It upholds a compliant status. In 2023, it reported revenue of ₹223.25 Cr and a net worth of ₹254.81 Cr. Employing 101 professional, Its leadership includes Parameswaran Pillai Naga Prasad (Additional Director), Sunil Malhotra (Additional Director), Govind Ramlal Parmar (Whole-Time Director). Past directors included Shiamlal Jain, Govind Ramlal Parmar, Yogesh Pratap Patil. It holds ₹11.75 Cr open charges and ₹34.18 Cr settled loans. Its latest AGM occurred on 25 September 2025, with the balance sheet filed on 31 March 2025. It is based at 302, Link Rose, Linking Road, Santacruz (West),, Mumbai, Maharashtra, 400054.

Company Details

CIN/LLPIN
L24100MH1980PLC023177
Registration Number
023177
Incorporation Date
23 September 1980
Authorized Capital
₹6.00 Cr
Paid-Up Capital
₹3.21 Cr
ROC Code
Roc Mumbai
Listing Status
Listed (BSE: 524342, NSE: INDOBORAX)
Company Status
Active

Key Metrics

Authorised Capital ₹ 6.00 Cr as on 06-01-2026
Paid Up Capital ₹ 3.21 Cr as on 06-01-2026
Company Age 45 Year, 5 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 11.75 Cr as on 06-01-2026
Satisfied Charges ₹ 34.18 Cr as on 06-01-2026
Revenue Growth **** 25.00% (FY 2023)
Profit Growth **** 38.84% (FY 2023)
Ebitda **** 29.64% (FY 2023)
Net Worth 22.97% (FY 2023)
Total Assets **** 24.07% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Indo Borax & Chemicals Limited — 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 Indo Borax & Chemicals Limited?

Current Directors

Name	Designation	Appointment Date	Status
Parameswaran Pillai Naga Prasad	Additional Director	23 Jan 2026	Current
Sunil Malhotra	Additional Director	23 Jan 2026	Current
Govind Ramlal Parmar	Whole-Time Director	30 May 2011	Current
Yogesh Pratap Patil	Director	13 Feb 2024	Current
Sachin Nagarmal Gupta	Director	12 Nov 2021	Current
Yatin Narendra Shah	Director	13 Feb 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	30 May 2011	Past
Pramod Abcsdd	Director	12 Nov 2021	Past
Pramod Abcsdd	Additional Director	25 Mar 2024	Past
Pramod Abcsdd	Director	26 Aug 2010	Past
Pramod Abcsdd	Director	31 Mar 2024	Past
Pramod Abcsdd	Additional Director	29 Dec 2021	Past

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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%.

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

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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%

*******

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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 Pattern (FY 2024)

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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Charges (Loans)

Open Charges

₹117,500,000.00

Satisfied Charges

₹341,810,106.00

Charges Breakdown by Lending Institutions

Kotak Mahindra Bank Limited : 11.75 Cr

Latest Charge Details

Date	Lender	Amount	Status
09 Nov 2011	Kotak Mahindra Bank Limited	₹11.75 Cr	Open
26 Dec 2003	Syndicate Bank	₹6.00 M	Satisfied
21 Oct 2003	Syndicate Bank	₹2.60 Cr	Satisfied
14 Jan 1998	Syndicaste Bank	₹5.00 M	Satisfied
14 Jan 1998	Syndicaste Bank	₹9.30 M	Satisfied

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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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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

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

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 Indo Borax & Chemicals

Recent Activity within the Organization

Director Appointment

Progress on Parameswaran Pillai Naga Prasad was appointed as a Additional Director was appointed as a Additional Director on 23 Jan 2026 & has been associated with this company since 1 month 2 days . was documented.
23 Jan 2026
Director Appointment

Sunil Malhotra was appointed as a Additional Director was appointed as a Additional Director on 23 Jan 2026 & has been associated with this company since 1 month 2 days . was recorded as a recent event.
23 Jan 2026
Annual General Meeting

Indo Borax & Chemicals Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records. was recorded as a recent event.
25 Sep 2025
Balance Sheet

Progress on Indo Borax & Chemicals Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.
31 Mar 2025
Director Appointment

Progress on Yogesh Pratap Patil was appointed as a Director was appointed as a Director on 13 Feb 2024 & has been associated with this company since 2 years 13 days . was documented.
13 Feb 2024
Director Appointment

Progress on Yatin Narendra Shah was appointed as a Director was appointed as a Director on 13 Feb 2024 & has been associated with this company since 2 years 13 days . was documented.
13 Feb 2024

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