Praj Industries Ltd logo

Praj Industries Ltd

NSE: PRAJIND BSE: 522205

₹287.70

+1 (0.35%)

Sun, 25 Oct 2026, 09:09 am

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Market Cap (in Cr)5269
PE Ratio175.63
Dividend1.26
Industrial ServicesIndustrial Services
Engineering & ConstructionEngineering & Construction
24.5K24.5K

Praj Industries Ltd Company History

1985

1985

  • The company was promoted by Pramond Chaudhari

1994

1994

  • PIL came out with a public issue of Rs.6.20 crore in January 1994

2004

2004

  • Praj Industries bags order worth over $15 mn
  • Praj Industries gets nod to delist shares from Pune Stock Exchange Ltd with effect from January 16, 2004
  • Praj Industries Ltd has informed that The Stock Exchange, Ahmedabad, has approved the proposal for delisting of securities of the Company from the Exchange w.e.f. March 31, 2004

2005

2005

  • Company's R&D facility Matrix- the Innovation Center develops 'MashTone' an innovative new bionutrient for the ethanol industry
  • Praj Industries has given the Bonus in the Ratio of 1:1
  • Company has splits its Face value of Shares from Rs 10 to Rs 2

2007

2007

  • Praj Industries Ltd has appointed Mr. Daljit Mirchandani as an Additional Director of the Company
  • Praj Industries has announced a joint venture with engineering and construction company Aker Kvaerner
  • Praj Industries forms JV with Brazilian Engineering Major for Ethanol Plants
  • The Company has issued Bonus Shares in the Ratio of 1:1

2008

2008

  • Praj industries has achieved a breakthrough technology for production of bioethonol from lignocellulosic feedstock which Will address the food vs. fuel issue in terms of creating alternate agri-waste feedstock for ethanol production
  • Praj Industries Ltd has opened its research and development centre, Matrix, at Pirangut in Pune
  • Praj receives contract for another bioethanol plant in Europe
  • Praj technology selected for the largest European Plant for Vivergo Biofuels

2009

2009

  • PRAJ Collaborates with Novozymes A/S on Advanced Biofuels
  • Praj inaugurated the Cellulosic Ethanol Pilot Plant at Praj Matrix at Urawade
  • Praj entered into Critical Process Equipment Sector
  • Praj receives ISO 9001-2008 status

2010

2010

  • Praj ventures into Water & Water Treatment Solutions
  • Commissioned bio-ethanol plant for Biowanze, Belgium

2011

2011

  • Praj enters into alliance with Qteros for producing lignocelluloses to ethanol packages
  • The Company has formed a new wholly owned step subsidiary by name Praj Industries (Tanzania) Ltd. at Dar Es Salaam, Tanzania through its subsidiary Praj Industries (Africa) (Pty) Ltd. in South Africa
  • Praj Matrix bagged the 'Green Innovation Award' for Outstanding Research in the field of Green Chemistry & Engineering
  • Praj gets OHSAS 18001 certification

2012

2012

  • The Company has acquired a majority stake in Neela Systems Limited (Neela) for approximately Rs. 64 crores
  • Praj accelerates 2nd Generation Ethanol Technology Development by launching a Commercial Demo Plant
  • Praj flags off its Industrial Biobased Product facility
  • Praj Bags B.G. Deshmukh CSR Award

2013

2013

  • Riopaila Castilla SA, Colombia contracts Praj for a large ethanol plant
  • Praj honored with ABLE Award
  • Pramod Chaudhari receives Maxell Lifetime Achievement Award 2013
  • Praj Maha - Intrapreneur 2013 Lifetime Achievement Award for Dr. Raghunath Mashelkar

2014

2014

  • Praj embarks on growth through transformation - Unveils new identity
  • Praj renames NeelaSystems as Praj HiPurity Systems
  • Praj launches the Water Master Class knowledge forum in Chennai
  • Praj wins order from Petrobras
  • The Registered Office of the Company has been shifted from 'Praj House', Bavdhan, Pune-411021 to 'Praj Tower', 274 & 275/2, Bhumkar Chowk-Hinjewadi Road, Hinjewadi, Pune - 411057

2016

2016

  • Praj to be the first Indian technology provider to launch 'Green Fund' for 2G ethanol projects
  • IndianOil inks MoU with Praj Industries Ltd. for development of 2G Ethanol
  • Praj develops solution for disposing agri waste
  • Praj partners with leading OMCs to set up 2G Bio-ethanol plants
  • Praj enters into binding agreement with Indian Oil Corporation Limited

2017

2017

  • Praj Industries bags procurement excellence award at ELSC
  • Praj Industries signs joint development agreement with Gevo to unveil a new commercial opportunity in renewable bioproducts

2018

2018

  • Praj has won this award at 12th Express Logistics & Supply Chain Conclave
  • Praj Bagged this award for Best Project implementation methodology

2019

2019

  • Praj Industries has entered into a cooperation agreement with Dedini Industrias de Base to provide ethanol production technologies to the Brazilian market
  • Praj Industries has been awarded the Prestigious Golden Peacock Eco Innovation Award 2019 in the Engineering sector in recognition of 'enfinity'

2020

2020

  • Praj industries ranked no.1 among the Best places to work in the advanced bioeconomy 2020 by Biofuels Digest
  • Praj grabs CII 3rd Award 2020 for Excellence in Design, Innovation and Developing Product Generating Minimum/Zero Waste at user end
  • Praj Industries signs MoU with Ministry of Petroleum & Natural Gas

2021

2021

  • Praj Industries ranks 2nd in the list of world's 50 Hottest companies in global bioeconomy for 2021 by US based Biofuels Digest in Low Carbon Fuels & Renewable Chemicals Category
  • Praj Industries signs MoU with Indian Oil Corporation
  • Praj Industries bags Rs 226.90 cr order from Indian Oil Corporation

2022

2022

  • Praj & ESIIC Partner to Accelerate Bioeconomy in Egypt
  • IOCL's 2G Ethanol Bio-Refinery based on Praj's technology inaugurated by Prime Minister Modi
  • Praj Industries Won the prestigious fortune india's the next 500 award in the engineering sector
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