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I G Petrochemicals Ltd logo

I G Petrochemicals Ltd

NSE: IGPL BSE: 500199

₹428.75

(0.21%)

Mon, 27 Jul 2026, 04:11 pm

Company History

1988

  • IG Petrochemicals Limited was incorporated on October 18th.
  • The company obtained a certificate of commencement of business on October 31st.

2006

  • The company delisted its shares from the Delhi Stock Exchange.

2009

  • Prof. A K A Rathi was appointed as an additional director on the board of the company.

2011

  • Mr. Nikunj Dhanuka was re-appointed as managing director.
  • Mr. J K Saboo was appointed as executive director of the company.
  • The company's registered office was shifted from Kamat Towers to Jairam Complex in Panaji, Goa.

2012

  • Mr. P H Ravikumar joined the board as an independent director.

2013

  • IG Petrochemicals commenced commercial production and stabilized the operation of the plant.
  • The company's Phthalic Anhydride Plant (PA-1) at Taloja restarted production and stabilized operations after a change of catalyst.

2014

  • The company's Phthalic Anhydride Plant (PA-2) at Taloja restarted production and stabilized operations after a change of catalyst.

2015

  • India Ratings & Research upgraded the ratings assigned to the bank facilities of IG Petrochemicals.
  • IG Petrochemicals entered into a joint venture with Dubai Natural Gas Company Ltd for the manufacture of Maleic Anhydride in Dubai through its wholly owned subsidiary IGPL (FZE).
  • IG Petrochemicals was listed in the Fortune India Next 500.

2016

  • IG Petrochemicals formed a wholly owned subsidiary in Dubai.
  • IG Petrochemicals purchased the Maleic Anhydride business.

2017

  • The company approved the expansion of the Phthalic Anhydride plant with a capacity of 53,000 MTPA at the existing location and decided to foray into downstream products.

2020

  • The company commenced commercial production of the PA-4 plant at Taloja, Maharashtra.

2021

  • The company commenced commercial production of the downstream product, Advance Plasticizer, at Taloja, Maharashtra.

2024

  • The Company commenced production of the PA-5 plant at Taloja, Maharashtra.

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