Indo Euro Indchem Ltd

Indo Euro Indchem Ltd (524458)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-5.52 %
3 Month Return-23.3 %
1 Year Return97.19 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 92
Rank 93
Rank 102
Dividend Yield
Rank 69
Rank 144
Price To Book Ratio
Rank 84
Debt To Asset
Rank 102

Company Information

Rinku Polychem RPL was incorporated on 11 Jul.90 as a private limited company to manufacture textile auxiliaries. It was converted into a public limited company on 22 Apr.92. It was promoted by Jaysukh Shah Mahesh Shah and others. Jaysukh Shah is the chairman and managing director. In Jan.94 the company came out with a public issue of 60 lac equity shares at par aggregating Rs 6 cr to partfinance its Rs 10.85cr project to manufacture dyes dyeintermediates and speciality chemicals at MIDC Osmanabad Maharashtra.This project has backward and forward linkages with other chemical industries. The backward linkages are with industries like petrochemicals organic and inorganic chemicals the forward linkages is with industries like textiles plastics paints varnishes pharmaceuticals and fine chemicals.RPL has entered into an MoU for marketing with Universal Man Hong Kong for promotion of its products in the overseas market. To manufacture speciality chemicals RPL has entered into a technical collaboration with Yusa Technica Company Japan. About 60 of its production is exported. Bahubali Chemicals Pvt Ltd is a group company of RPL. Foreign Exchange Earnings during 1996 were Nil.
OrganisationIndo Euro Indchem Ltd