INDO GULF CORPORATION LTD

INDO GULF CORPORATION LTD

Previous company name

Name change date

Company Overview
The company is primarily engaged in the manufacture and merchant wholesale distribution of fertilizers and nitrogen compounds. The registered headquarters of the company is located in Sultanpur,India.
The company provides a comprehensive range of turnkey products and services. It produces and sells nitrogen copper products which include a selection of copper rods, cathodes, gold, silver, di-ammonium phosphate and other similar products for the industrial sector. The fertilizer business of the company caters to the production and trade of urea as well as other fertilizer products for the agricultural industries. The company predominantly provides products within the domestic market and also provides export services globally.
Business Summary
The company Mainly engaged in manufacture and sale of fertilizers.The products is Shaktiman urea; Shaktiman range of crop protection agrochemicals.
Description and history
Indo Gulf Fertilisers Limited, an Aditya Birla Group company, is among the largest and most cost-efficient private sector fertiliser companies in India. Strategically located in the heart of the Indo-Gangetic plain in Uttar Pradesh, Indo Gulf manufactures and markets urea, a nitrogenous fertiliser. The company enjoys a leadership position in the nitrogenous fertiliser sector, with its strong brand of ‘Shaktiman’ urea, supported by a strong distribution and customer service network. Its marketing areas include Uttar Pradesh, Bihar, Jharkhand and West Bengal, which together account for over 40 per cent of the total urea consumption in the country.

The move to demerge the fertiliser business of Indo Gulf Corporation Limited into an independent entity and amalgamate the remaining copper business with Hindalco Industries Limited was a major strategic initiative, aimed at enhancing shareholder value. As a result of the exercise, Indo Gulf has emerged fully focused on fertilisers, commanding strong brand equity and a leadership position in the fertiliser industry. In its first year as a stand-alone fertiliser player, the company recorded an impressive turnover Rs. 675.2 crores for FY 03. The company’s production of urea for FY 03 stood at 8.65 lakhs MT, reflecting a 100 per cent capacity utilisation.

Milestone
2003
:: Indo Gulf wins the Golden Peacock Environment Management – Special Commendation Award.
:: Indo Gulf wins International Asia Pacific Quality Award 2003.
:: The amalgamation of Indo Gulf?s copper business with Hindalco is completed. Its urea fertiliser business becomes an independent entity Indo Gulf Fertilisers Ltd.

2002
:: Indo Gulf receives ISO 9001 : 2000 certification for the manufacturing of fertiliser grade urea.
:: The Award for Excellence in Consistent TPM Commitment is awarded to Indo Gulf by JIPM, Japan.
:: Indo Gulf is recognised as a ‘Best Managed Company’ by M/s Forbes Global, USA.
:: The Uttar Pradesh government awards the company the 7 Star Category Award for ‘Special Contribution in Industrial Development in U.P’.

2001
:: Indo Gulf receives ISO-9001 certification for investor services.
:: The comapny takes home the Good Corporate Citizenship Award by the PHD Chamber of Commerce and Industry.
:: Indo gulf receives OHSAS 18001 certification.
:: The IMC-Ramkrishna Bajaj National Quality Award – Trophy is presented to Indo Gulf.

2000
:: The IMC-Ramkrishna Bajaj National Quality Award – Certificate of Merit is awarded to Indo Gulf.
:: Indo Gulf becomes the only fertiliser company in India to get the Total Plant Maintenance (TPM) Excellence Award given by the Japan Institute of Plant Maintenance (JIPM).
:: Indo Gulf receives the Best Environment Protection Award by Fertiliser Association of India (FAI).

1999
:: Copper project goes into commercial production.
:: 1.02 million tonnes of urea produced; highest ever in a year.
:: Indo Gulf wins the coveted FAI Award for best production performance among nitrogenous fertiliser plants.

1998
:: The first fertiliser company in India to receive the ISO 14001 certification.

1997
:: Indo Gulf wins the ‘Productivity Award’ of the National Productivity Council for 1995-96.

1995
:: Indo Gulf bags the FAI award, for best environment protection among nitrogenous fertiliser plants.

1994
:: The first fertiliser unit to receive ISO-9002 certification.
:: A copper smelter project is planned.

1988
:: Indo Gulf’s fertiliser plant is commissioned.

1984
:: The foundation stone is laid for Indo Gulf’s gas-based fertiliser complex.

Members of the exchange are hereby informed that due to Scheme of demerger with Indo Gulf Fertilisers Ltd., and Amalgamation with Hindalco Industries Ltd., the company will be delisted with effect from Monday, April 7, 2003.

The Company INDO GULF CORPORATION LTD is Delisted from Bombay stock exchange on 4/1/2003.

Business Line
Engaged in the manufacture and merchant wholesale distribution of fertilizers and nitrogen compounds
Subsidiary

Advisor
LODHA & CO
IPO date

US SIC Code
2875
Company Address
P O Jadishpur
Industrial Area
City province or state postal code
227 817, SULTANPUR
Phone: +91 5361 270032
Fax: +91 5361 270165
Country address: INDIA
Website url: www.indo-gulf.com