Kimia Bio-sciences Limited (Formerly known Laurel Organics Limited) was incorporated in September, 1993 led by the Promoters, A K Bansal, K S Varma, Atul Sharma, A P Godiyal, D K Gupta and R K Bansal. The Company has own manufacturing of Bulk Drugs-APIs at its plant located at Gurgaon, Haryana. The Company is engaged into the business of Pharamaceutical products.
The company set up a bulk drug manufacturing unit at Gurgaon, Haryana, at a project cost of Rs 10.41 cr. It came out with a public issue in Feb.'95 to part-finance the project. Commercial production commenced in May '95.
During the 1998-99, the company has become a sick industrial units.
The Hon'ble BIFR vide order dated 27th December, 2005 had deregistered the Company as Sick Industrial Undertaking on the ground that 10 ...0% of the capacity was utilized for manufacture of the intermediate products for M/s Ranbaxy Laboratoty Limfted (RLL) and , thereby, turning-out to be an ancillary industrial Undertaking. .The Hon'ble AAIFR disposed the appeal of M/s Ranbaxy Lab. Ltd vide its Order dated 30.08.2006, directing them to file an application before the Ho'ble BIFR only to redress grievances. Therefore, M/s Ranbaxy Lab. Ltd had filed an application-dated 31.10.06 before the Hon'ble BIFR, requesting them to consider issuance of appropriate corrective orders. The Board has re-confirmed its earlier order. Therefore, despite negative net worth, the Company is out of BIFR purview.
During the year 2017-18, the Scheme of Arrangement for Amalgamation of the Company with M/s Kimia Biosciences Limited was made effective from September 17, 2018. Upon Scheme of Amalgamation becoming effective on 17.09.2018, M/s. Kimia Biosciences Limited Holding Company having 37,28,100 Equity Shares (50.48%) of Rs. 10/- each of the Company got merged under reverse merger with the Company.
1. Can I buy Kimia Biosciences Ltd from PL Capital? ›
Yes, you can invest in Kimia Biosciences Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Kimia Biosciences 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 Kimia Biosciences Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Kimia Biosciences Ltd pay dividends? ›
Kimia Biosciences Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Kimia Biosciences Ltd ? ›
As of
01-10-2025 the share price for Kimia Biosciences Ltd. is 35.42 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Kimia Biosciences Ltd ? ›
The 52-week high and low of Kimia Biosciences Ltd share price is ₹ 34.25 - ₹ 86.85 as of
01-10-2025 .
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