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* - Tentative Dates
The Company proposes to utilize the net proceeds from the Issue towards funding the following objects.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 3.76 | 3.54 | 4.64 |
| Revenue | 17.26 | 11.1 | 1.23 |
| Profit After Tax | 0.26 | 2.37 | 0.32 |
| Reserves and Surplus | -2.11 | -2.37 | -1.26 |
| Amount in ₹ Crore | |||
Indian Extractions Limited is a trusted name in trading of chemicals, dyes, pigments and raw materials. Initially, IEL focused on manufacturing and exporting solvent extraction and groundnut oil. Since then, the company has specialised in the export trade and registration of chemicals, targeting the US and European markets. Now IEL is expanding into warehousing and developing logistics services with the aim of becoming a major player in the Indian warehousing sector.
IEL Limited is embarking on an ambitious diversification into warehousing and management with the aim of developing, operating and managing warehousing facilities across India. These state-of-the-art facilities will include warehouses, cold storages and godowns equipped with advanced technology for efficient logistics and distribution management. The amendment to the Memorandum of Association positions IEL as a key player in the fast-growing warehousing sector, catering to the increasing demand for reliable warehousing and distribution solutions across various industries.
