Binani Industries Ltd is an Indian business group based in Mumbai. It belongs to the Braj Binani Group. The business portfolio of Binani Industries includes sectors like cement, zinc, glass-fiber, and downstream composite products.
Binani Industries Ltd is a holding company, which operates through their subsidiaries. The companys subsidiaries include Binani Cement Ltd (BCL), Binani Zinc Ltd (BZL), Goa Glass Fibre Ltd (GGFL), BT Composites Ltd (BTCL) and Wada Industrial Estate Ltd (WIEL).Binani Industries Ltd was incorporated in the year 1962. The company was promoted by Binani Metals in technical and financial collaboration with Cominco, Canada with the name Cominco Binani Zinc. In May 1991, when Cominco disinvested their holding, the company was renamed as Binani Zinc. And in the year 1996, they got their present name, Binani Industries Ltd.In the beginning, the company manufactures zinc and its by-products, sulphuric acid and cadmium. And latter, they diversified into cement and glass fibre manufacture. They set up a state-of-the-art glass fibre plant at Colvale, Goa, with technical assistance from Bishop Technology, US which is the single largest glass fibre manufacturing plant in the country. The cement division of the company was hived off and transferred to their wholly owned subsidiary, Binani Cement Ltd with effect from November 1, 1997. As a part of restructuring and refocusing, the company transfered their glass fibre division to a wholly owned subsidiary Vishakha Enterprises (India) Ltd which was renamed as Goa Glass Fibre Ltd.The Zinc division of the company was hived off and transferred to Binani Zinc Ltd with effect form April 1, 2002. In July 2003, Munga Holdings Ltd was amalgamated with Binani Cement Ltd. The paid up capital of Binani Cement Ltd has increased to Rs 4229.10 million from Rs 4000.10 million and Binani Cement Ltd has ceased to be a wholly owned subsidiary of the company with effect from July 3, 2003 but continues to be a subsidiary of the company.During the year 2006-07, the moulding division of the company was hived off and transferred to their wholly owned subsidiary company BT Composites Ltd. Consequently the company ceased to have any manufacturing activity.
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Binani Industries Limited Outstanding Shares: |
15,43,48,025 |
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Face Value of Binani Industries Share: |
Rs. 10 Per Equity Share |
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ISIN of Binani Industries Limited Share: |
INE071A01013 |
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Lot Size of Binani Industries Share: |
1000 |
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Binani Industries Share Price: |
Best In Industry |
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PAN Number of Binani Industries : |
AABCB0979M |
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GST Number of Binani Industries : |
27AABCB0979M1ZB |
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Binani Industries Limited CIN Number |
L24117WB1962PLC025584 |
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Binani Industries Limited Registration Date |
02 August 1962 |
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Category / Sub-Category of Binani Industries Limited |
Public Companies having a share capital |
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Binani Industries Limited Registered Office Address |
37/2, Chinar Park, New Town, Rajarhat Main Road P.O. Hatiara Kolkata Kolkata WB 700157 IN. |
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Binani Industries Limited Registrar & Transfer Agent Address & Contact Details |
C-101, 247 Park, L.B.S. Marg, Vikhroli (W), Mumbai – 400 083. |
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Director |
Post |
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Mr. Rajesh Kumar Bagri |
Non - Executive Director |
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Mr. Manoj Thakorlal Shroff |
Independent Director |
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Mr. Sanjib Ranjan Maity |
Independent Director |
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Mrs. Archana Manoj Shroff |
Managing Director & CFO |
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Mr. Pradyut Meyur |
Independent Director |
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Mrs. Pankti Patel Poojari |
Independent Women Director |
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Mr. Milin Jagdish Ramani |
Independent Director |
Answer: The face value of Binani Industries Ltd is ₹10 per equity
share.
Q: What
is the minimum lot size for buying Binani Industries shares through WWIPL?
Answer: The minimum lot size for Binani Industries shares is 1,000
equity shares.
Q: How
can I buy Binani Industries unlisted shares through WWIPL?
Answer: Investors can complete the KYC process, confirm the transaction
details with WWIPL, transfer funds, and receive shares directly in their Demat
account.
Q: Why
should I buy Binani Industries shares through WWIPL?
Answer: WWIPL provides transparent pricing, secure execution, and
end-to-end assistance including Demat transfer support for unlisted equity
transactions.
Q: Is
investing in Binani Industries Ltd a good idea?
Answer: Investors typically evaluate Binani Industries based on its
holding-company structure, legacy industrial assets, subsidiary exposure,
balance sheet stress, and potential restructuring or value-unlocking events.
Q: Why do
investors buy Binani Industries shares before a potential IPO?
Answer: The rationale is event-driven upside—any restructuring, asset
monetisation, or listing-related development could potentially unlock value
from its underlying subsidiaries.
Q: What
business does Binani Industries Ltd operate in?
Answer: Binani Industries is a holding company under the Braj Binani
Group, with historical exposure to cement, zinc, glass fibre, and
composite materials through subsidiaries.
Q: When
was Binani Industries Ltd incorporated?
Answer: The company was incorporated in 1962.
Q: What
makes Binani Industries different from other unlisted companies?
Answer: It is primarily a holding and restructuring-driven entity,
with value largely tied to subsidiaries and past industrial assets rather than
standalone operations.
Q: What
are the key growth drivers for Binani Industries Ltd?
Answer: Potential drivers include asset monetisation, restructuring
outcomes, subsidiary performance improvements, and any strategic corporate
actions involving underlying businesses.
Q: What
factors affect the valuation of Binani Industries shares?
Answer: Valuation is driven by net asset value of subsidiaries, debt
levels, restructuring clarity, legal outcomes, liquidity in unlisted markets,
and any future listing or resolution events.
Q: Are
Binani Industries shares available in Demat form?
Answer: Yes. Shares purchased through WWIPL are transferred directly to
the investor’s Demat account.
Q: Can I
sell my Binani Industries shares through WWIPL?
Answer: Yes. WWIPL facilitates both buying and selling, subject to
market liquidity in the unlisted segment.
Q: What
documents are required to buy Binani Industries shares through WWIPL?
Answer: Typically PAN, Aadhaar, Client Master Report (CMR), and bank
account details are required.
Q: What
are the risks of investing in Binani Industries shares?
Answer: Key risks include holding-company complexity, financial
leverage, restructuring uncertainty, low liquidity, and dependence on outcomes
of subsidiary-level events.
Q: How
does WWIPL help investors track Binani Industries investments?
Answer: WWIPL provides transaction support, market updates, and
information tracking for unlisted share positions.
Q: How
long does it take for Binani Industries shares to be credited to Demat?
Answer: Shares are typically credited after completion of trade confirmation
and depository processing.
Q: What
should investors evaluate before investing in Binani Industries Ltd?
Answer: Investors should assess net asset value, debt structure,
subsidiary performance, legal/restructuring status, and realistic exit liquidity.
Q: Can
Binani Industries benefit from value unlocking in its subsidiaries?
Answer: Yes. Any successful restructuring, asset sale, or
subsidiary-level value realization can potentially act as a major driver of
long-term value.