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ELLENBARRIE INDUSTRIAL GASES LTD.

01 August 2025 | 12:00

Industry >> Industrial Gases

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ISIN No INE236E01022 BSE Code / NSE Code 544421 / ELLEN Book Value (Rs.) 35.15 Face Value 2.00
Bookclosure 52Week High 638 EPS 5.91 P/E 95.15
Market Cap. 7924.81 Cr. 52Week Low 486 P/BV / Div Yield (%) 16.00 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Our Company was incorporated as a public limited company under the Companies Act, 1956 as `Ellenbarrie Industrial Gases Limited', pursuant to a certificate of incorporation dated November 23, 1973 issued by the RoC. Our Company received a certificate for commencement of business issued by the RoC dated April 9, 1974. Our Company was listed on the Calcutta Stock Exchange on May 3, 1976. Further, pursuant to the Board Resolution dated August 3, 2016 our company applied for voluntary delisting on August 3, 2016. Consequently, our Company was voluntarily delisted from Calcutta Stock Exchange, pursuant to the approval provided by the Calcutta Stock Exchange, on June 29, 2018, with effect from July 2, 2018.

Major Events and Milestones:
1973
- Our Company was incorporated as a public limited company under the Companies Act, 1956.

1976
-Our Company's Equity Shares got listed on the Calcutta Stock Exchange.
-Set-up the first oxygen plant, in Kalyani, West Bengal.

2004
- Established the Company's first air separation unit for manufacture of industrial gases (elemental gases, liquid or compressed air, acetylene refrigerant gases, and mixed industrial gases) in Uluberia, West Bengal.

2009
- Established the Company's second air separation unit for manufacture of industrial gases (elemental gases, liquid or compressed air, acetylene refrigerant gases, and mixed industrial gases) in Parawada (Visakhapatnam), Andhra Pradesh.

2012
- Established the Company's third air separation unit for manufacture of industrial gases (elemental gases, liquid or compressed air, acetylene refrigerant gases, and mixed industrial gases) in (Hyderabad) Jadcherla, Telangana.

2013
- Air Water Inc., acquired upto 51% of the subscribed and fully paid-up Equity Shares of ? 10 of the Company.

2017
- Achieved turnover of more than ? 1,000.00 million.

2018
- Commenced facility for cylinder filling station at Panagarh, West Bengal.
- Our Company was voluntarily delisted from the Calcutta Stock Exchange.

2019
- Entered into an agreement with a major steel manufacturing company in India, for leasing of equipment, for onsite production and pipeline supply of gases.

2020
- Secured a contract to build a plant in Bangladesh on an engineering, procurement, and construction basis.

2021
- Our Company became a 100% Indian company, through divestment of their entire shareholding by Air Water Inc., Japan to the promoters of our Company.
- Entered into a pipeline supply agreement with Jairaj Ispat Limited for setting up the Company's largest plant of 600 TPD capacity.

2022
- Achieved turnover of more than ? 2,000.00 million.

2023
- Entered into a contract with steel manufacturing company in India owned by the Government of India, for operation and maintenance of their oxygen plant with a capacity of 2500 TPD.