Incorporated in 1929, IVP Limited has grown from a vegetable oil business into an established name in India's industrial chemicals sector. Company is a manufacturer of vanaspati, vegetable oils, plasticisers, spark plugs, foundry chemicals, etc. Initially known as Indian Vegetable Products, it was later taken over by the Atlanta Group in 1985, from its owner, Forbes, Forbes and Campbell. Pioneering the manufacture of vanaspati in India in the thirties, the company has diversified and added a host of products in the past several decades. The Company operates in two core business: Phenolic Resins and Polyurethane Resins. It works manufacturing plants at Tarapur and Bengaluru, with a combined capacity of 50,000 TPA.
In 1964, the company started the foundry chemicals division. IVP Ltd were the first company to manufacture Foundry Chemicals in India in technical collaboration with M/s Ashland Inc way back in 1965.
In 1978, the company diversified into industrial ceramics and spark plugs. It produces hi-alumina ceramic products like spray-dried hi-alumina powder for spark plugs and ceramic industries, hi-alumina thread guides for use in textile machinery and hi-alumina grinding media for the production of refractories, paints, cement and pharmaceuticals. The hi-alumina thread project was undertaken in collaboration with Fedmuhle Akg, Germany. The company also manufactures plasticisers and paints. IVP entered into an agreement with Industrie Magneti Marelli, Milan, Italy, for ... the production of automotive spark plugs. To improve the efficiency of the steel division, the company has entered into an agreement with London and Scandinavian Metallurgical Company, UK.
In 1983, IVP made a breakthrough on the export front. Its overseas markets include the US, the UK, Germany, Italy, France, Poland, Czechoslovakia, Malaysia, UAE, Saudi Arabia, etc.
During 2001 the company made a buyback of shares of 1,03,26,263 equity shares of Rs.10/- each at a price not exceeding Rs.22/- per Equity Share.
In 2007, the Company sold its Ceramics Division. It expanded the Tarapur and Bangalore plants in 2008. New reactors installed at Tarapur to increase capacity during year 2009. The Company sold assets of its Industrial Ceramics Division on a slump sale basis in 2011. It modernized Tarapur, Bengaluru plants and commenced a New Coating Plant at Tarapur in 2017. A new Shell Resin Plant commissioned in 2018. The Company introduced new Polyurethane chemical product during the year 2018-19.
The Company transitioned the business into the SAP S/4HANA Public Cloud platform in October 2024.
Yes, you can invest in IVP Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track IVP Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade IVP Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does IVP Ltd pay dividends? ›
Yes, IVP Ltd has a consistent history of rewarding its shareholders through dividend payouts. Dividend frequency and amounts vary depending on the company’s financial performance and board approvals. Investors holding IVP Ltd shares on the record date announced by the company are eligible to receive dividends directly into their bank accounts linked with their Demat holdings.
3. What is the current share price of IVP Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for IVP Ltd. is ₹ 181.67 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of IVP Ltd ? ›
The 52-week high and low of IVP Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
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