| Market Cap (cr): | ₹3,100 Cr | Book Value: | ₹915 |
|---|---|---|---|
| Lot Size: | 100 | 52 Week High: | ₹1,700 |
| 52 Week Low: | ₹1,100 | EPS: | ₹155 |
| Demat Account: | PB: | 1.55 | |
| Face Value: | ₹10 | Debt To Equity: | 0.16 |
| No Of Shares: | 3.00 Cr | Url: | https://www.indofil.com/ |
Overview :
Key Takeaways
- Indofil Industries Limited is a well-established Indian agrochemicals and specialty chemicals company, part of the K.K. Modi Group — a diversified Indian business house.
- The company is best known for crop protection products — fungicides, insecticides and herbicides — with Dithane (mancozeb) among its flagship product lines, plus a specialty and performance chemicals division.
- Indofil is a significant exporter, supplying crop protection products to markets across Latin America, Europe, Asia and Africa — giving it foreign-currency revenue and geographic diversification.
- Recent unlisted price references have been in the ₹1,400s per share, making it one of the more actively quoted mid-size unlisted industrials. PAN: AABCI4568D.
- Important: request the latest audited financials from Arms Securities before investing — public disclosure for unlisted companies is limited.
Company Overview & Fundamentals
| Parameter | Details |
|---|---|
| Company Name | Indofil Industries Limited |
| Group | K.K. Modi Group |
| Industry | Agrochemicals and Specialty Chemicals |
| PAN | AABCI4568D |
| Key Product Line | Dithane (mancozeb) and other crop protection products |
| Business Divisions | Crop Protection and Specialty & Performance Chemicals |
| Recent Price Reference | ~₹1,400s |
| Listing Status | Unlisted |
Business Divisions
1. Crop Protection (Agrochemicals) — the core
Indofil manufactures and markets:
- Fungicides — including mancozeb-based products, one of the world’s most widely used broad-spectrum protectant fungicides
- Insecticides
- Herbicides
- Plant growth regulators and micronutrients
Why mancozeb matters: it is a multi-site protectant fungicide used across a vast range of crops globally — grapes, potatoes, tomatoes, cereals and more. Because it acts on multiple biochemical sites, pathogens do not readily develop resistance to it, which makes it a cornerstone of resistance-management programmes worldwide. This gives the product genuine longevity.
2. Specialty and Performance Chemicals
A diversified chemicals portfolio serving industrial applications including coatings, adhesives, textiles, leather and polymers — providing revenue that is not correlated with the agricultural cycle, an important stabiliser.
Export Franchise
Indofil exports crop protection products to numerous international markets. Why this matters for investors:
- Foreign currency revenue provides a natural hedge and rupee-depreciation benefit
- Registration barriers — selling agrochemicals in any country requires product registration, a multi-year, expensive regulatory process. Once obtained, registrations are valuable, defensible assets
- Diversification — export markets buffer weak Indian monsoon years
- Global agrochemical demand grows with food security requirements and shrinking arable land per capita
The K.K. Modi Group
The K.K. Modi Group is a diversified Indian business house with historical interests spanning tobacco, agrochemicals, chemicals, education, retail, entertainment and travel. Group standing provides institutional stability, though investors should note that promoter-group structures can involve related-party dealings requiring trust in fair pricing.
Why Investors Buy Indofil Industries Unlisted Shares
- Established agrochemicals franchise with recognised brands and long market presence
- Mancozeb longevity — multi-site fungicides face low resistance risk, giving unusual product durability
- Export revenue with foreign-currency earnings and geographic diversification
- Registration moat — international agrochemical registrations take years and substantial cost to obtain
- Two-division structure — specialty chemicals revenue is uncorrelated with the agricultural cycle
- K.K. Modi Group backing — an established diversified business house
- Structural food security demand — global agrochemical consumption grows with the need to raise yields on limited arable land
- Active OTC quotation — Indofil is among the more regularly quoted unlisted industrials, aiding price discovery
Risks to Consider — Read Carefully
- Limited public financial disclosure. Request the latest audited financials from Arms Securities before investing.
- Regulatory risk on mancozeb is genuine and material. Mancozeb has faced regulatory review and restriction in the European Union and scrutiny in other jurisdictions on health and environmental grounds. Any company with meaningful mancozeb exposure carries this risk — ask specifically about the current regulatory position and product diversification before investing. This is the single most important question for this company.
- Monsoon and agricultural cycle dependence in the Indian business.
- Raw material volatility — agrochemical intermediates are petrochemical-linked with volatile pricing.
- Intense competition from global majors (Bayer, Syngenta, Corteva, BASF, UPL) and numerous Indian generics manufacturers.
- Chinese supply of agrochemical intermediates and finished products periodically pressures pricing.
- Environmental compliance — chemical manufacturing faces tightening pollution norms requiring capital investment.
- Currency risk on export revenue and imported inputs.
- No IPO announced — assume OTC-only liquidity.
- Related-party considerations within a promoter-group structure.
How to Buy from Arms Securities
Call/WhatsApp +91-8882245112 → request the latest audited financials and ask specifically about mancozeb regulatory exposure and product diversification → confirm price and lot → share CMR → pay via NEFT/RTGS → shares credited in 24–48 hours.
FAQs
What is the current price of Indofil Industries unlisted shares?
Recent references place Indofil in the ₹1,400s per share, though prices move with OTC demand. For today’s confirmed Arms Securities quote and available quantity, call +91-8882245112.
What does Indofil Industries make?
Indofil operates in two divisions: Crop Protection — fungicides (including mancozeb-based products such as Dithane), insecticides, herbicides and plant growth regulators — and Specialty & Performance Chemicals serving industrial applications including coatings, adhesives, textiles and polymers.
Which group does Indofil belong to?
Indofil Industries is part of the K.K. Modi Group, a diversified Indian business house with interests spanning multiple sectors.
What is mancozeb and why does it matter to Indofil?
Mancozeb is a multi-site protectant fungicide used across a wide range of crops globally. Because it acts on multiple biochemical sites, pathogens do not readily develop resistance to it, making it a cornerstone of global resistance-management programmes. However, mancozeb has faced regulatory review and restriction in the European Union and scrutiny elsewhere — investors should ask specifically about the company’s current regulatory position and product diversification.
Does Indofil export?
Yes. Indofil supplies crop protection products to international markets, providing foreign-currency revenue and geographic diversification. International agrochemical registrations take years and substantial investment to obtain, making them defensible assets once secured.
Is Indofil Industries profitable?
Detailed audited financials are not comprehensively available in the public domain for unlisted companies. Request the latest available financial statements from Arms Securities at +91-8882245112 before investing.
Also Read: T. Stanes and Company Unlisted Shares | Resins and Plastics Unlisted Shares
+91-8882245112 | contact@armssecurities.com
Entity Summary, Analysis & FAQ
Indofil Industries at a glance
| Full legal name | Indofil Industries Limited |
| Group | K.K. Modi Group |
| Sector | Agrochemicals + Specialty Chemicals |
| PAN | AABCI4568D |
| Flagship product | Dithane (mancozeb) fungicide |
| Listing status | Unlisted (not on NSE or BSE) |
| Recent price reference | ~₹1,400s per share |
| Where to buy/sell | Arms Securities — +91-8882245112 |
Can I buy Indofil Industries unlisted shares?
Yes. Indofil is a K.K. Modi Group agrochemicals company whose shares trade in the OTC market. Arms Securities executes purchases with settlement into your demat account in 24–48 hours. Call +91-8882245112.
Is Indofil an export company?
Yes. Indofil supplies crop protection products internationally, giving it foreign-currency revenue. International agrochemical registrations take years to obtain, making them defensible assets.
The One Question Every Indofil Buyer Must Ask
Mancozeb regulatory exposure.
Mancozeb is Indofil’s cornerstone product — a multi-site protectant fungicide used across a vast range of crops globally. Because it acts on multiple biochemical sites, pathogens do not readily develop resistance to it, which gives the product unusual longevity.
But mancozeb has faced regulatory review and restriction in the European Union and scrutiny in other jurisdictions on health and environmental grounds.
Before you buy Indofil shares, ask us: 1. What percentage of revenue comes from mancozeb-based products? 2. What is the geographic split — how much goes to regulated Western markets? 3. What product diversification has the company achieved? 4. What is the Specialty & Performance Chemicals division contributing?
We obtain these answers for clients before they commit. This is the difference between an informed investment and a guess. Call +91-8882245112.
FAQ
What is Indofil’s ISIN and how do I verify my holding?
Indofil’s PAN is AABCI4568D. For ISIN and holding verification, call Arms Securities at +91-8882245112 — we confirm details before every transaction.
How does the Indian monsoon affect Indofil?
Significantly on the domestic side. Crop protection demand rises and falls with rainfall, sowing acreage and farmer income. A poor monsoon reduces agrochemical consumption directly. The export business and specialty chemicals division provide partial insulation.
Is Indofil affected by Chinese agrochemical competition?
Yes. Chinese supply of agrochemical intermediates and finished products periodically pressures Indian pricing. Ask us about the company’s current cost position.
What is the difference between Indofil’s two divisions?
Crop Protection — fungicides (including mancozeb-based Dithane), insecticides, herbicides and plant growth regulators, sold to farmers and distributors. Specialty & Performance Chemicals — industrial chemicals for coatings, adhesives, textiles, leather and polymers. The second is not correlated with the agricultural cycle, which stabilises group results.
Can I sell Indofil shares I already hold?
Yes. Arms Securities buys Indofil shares. Call +91-8882245112 with your quantity and holding format for a firm bid.
Related Companies & Guides
Related agri and chemicals companies: - T. Stanes and Company — fertiliser blends and bio-products, Amalgamations Group - Resins and Plastics Limited — specialty synthetic resins - A.V. Thomas & Co — plantations serving the same rural economy - Empire Spices and Foods — Ram Bandhu Masale, agri-linked FMCG
Guides: - Best Unlisted Shares to Buy in India 2026 - How to Buy Unlisted Shares — Step-by-Step - Capital Gains Tax on Unlisted Shares
How to Buy Indofil Industries Unlisted Shares — Complete Process
Buying Indofil Industries unlisted shares takes 24–48 hours from first call to shares landing in your demat account. Arms Securities has executed off-market transfers since 1990 — we are among the founder members of India’s unquoted stock market.
Step 1 — Get today’s live buy price
Call or WhatsApp +91-8882245112 or email contact@armssecurities.com with the company name (Indofil Industries) and the quantity or investment amount you have in mind. We reply with today’s confirmed buy price, available quantity and minimum lot size.
Unlisted share prices are not exchange-quoted — they move with OTC supply and demand — so a live quote matters more than any published figure.
Step 2 — Confirm the deal terms
We lock in the price per share, total quantity and consideration, settlement timeline (typically T+1 to T+2) and applicable stamp duty (0.015% on off-market transfers). Nothing moves until you confirm in writing on WhatsApp or email.
Step 3 — Share your demat details
Send your Client Master Report (CMR) — a one-page PDF from your broker’s app or Depository Participant containing your DP ID, Client ID, beneficiary name, depository (NSDL or CDSL) and PAN.
You do not need a special account. Indofil Industries shares are credited to your existing demat account — the same one you use for listed shares.
Step 4 — Transfer payment
Pay by NEFT, RTGS or IMPS to Arms Securities’ verified bank account. We share full details in writing with the deal confirmation. Never pay to an account shared verbally or by an unverified number — always confirm on +91-8882245112.
Step 5 — Receive shares in your demat account
We initiate the off-market transfer through NSDL or CDSL. Shares are credited within 24–48 hours of payment confirmation. You receive SMS and email from the depository, and the holding appears in your regular demat statement.
Documents required to buy Indofil Industries shares
| Document | Format | Notes |
| PAN Card | Scan or photo | Mandatory for all securities transactions |
| Client Master Report (CMR) | PDF from your DP | Contains DP ID, Client ID, beneficiary details |
| Aadhaar / Address Proof | Scan or photo | For KYC |
| Cancelled Cheque | Scan or photo | Bank account verification |
| Payment Confirmation | UTR / screenshot | After NEFT/RTGS transfer |
Everything can be submitted digitally on WhatsApp or email. No physical paperwork, no courier, no branch visit.
Minimum investment in Indofil Industries shares
Minimum investment depends on the prevailing price and the minimum lot available at that moment — both change. Call +91-8882245112 for today’s exact minimum. For allocations above ₹10 lakh, see our bulk unlisted share transactions service.
Is it legal and safe to buy Indofil Industries unlisted shares?
Yes — trading in unlisted shares is completely legal in India.
| Safeguard | How it works |
| Official depository system | Every transfer runs through NSDL or CDSL — the same infrastructure that settles listed shares |
| Your own demat account | Shares are credited directly in your name. Nothing is held on your behalf by us |
| Audit trail | The depository generates an electronic record of every transfer |
| Stamp duty compliance | 0.015% collected by the depository under the Indian Stamp Act 2019 |
| PAN-linked | All holdings are reported against your PAN for tax purposes |
One caution: SEBI has warned investors against unauthorised electronic platforms offering unlisted securities. Deal only with established intermediaries who settle through the depository system and who you can speak to on a phone number.
Buy Indofil Industries shares — call/WhatsApp +91-8882245112
Related: buy unlisted shares in India • off-market share transfer • our transfer procedure • how to buy unlisted shares — step-by-step guide
Sell Your Indofil Industries Unlisted Shares — We Buy
Arms Securities buys Indofil Industries unlisted shares. If you hold them and want to exit, we provide a firm bid, handle the entire transfer, and pay by NEFT/RTGS within 24 hours of receiving the shares.
We buy in every format
| You hold | How we handle it |
| Demat shares | Standard off-market transfer via DIS — fastest route |
| Physical share certificates | Authentication, valuation, transfer deed or dematerialisation |
| Inherited shares | Full transmission support — name transfer from the deceased holder |
| Bulk blocks | Large quantities executed discreetly with preferential pricing |
| NRI holdings | FEMA-compliant documentation and repatriation guidance |
Why sellers come to Arms Securities
Most brokers cannot help you. Your regular stockbroker can only trade listed shares on the exchange. Unlisted shares have no exchange — you need a dealer with an actual buyer network.
We have been that dealer since 1990. We are among the founder members of India’s unquoted stock market, we deal in physical certificates that most modern platforms refuse to touch, and we maintain a standing book of HNI and institutional buyers across 15+ states.
How to sell Indofil Industries shares — step by step
Step 1 — Tell us what you hold. Call/WhatsApp +91-8882245112 with the company name, quantity, and whether your shares are in demat or physical form.
Step 2 — Receive our bid. We quote a firm buy price based on current OTC demand. No obligation.
Step 3 — Submit documents.
For demat holdings: Demat account statement / Client Master Report • PAN card copy • Cancelled cheque • Delivery Instruction Slip (DIS)
For physical certificates: Original share certificates • PAN card copy • Address proof • Cancelled cheque • Transfer deed (Form SH-4) • If inherited: death certificate, succession certificate or legal heir documents
Step 4 — Transfer the shares. Demat: Submit a DIS to your DP transferring shares to Arms Securities — A/C 11323830, DP ID IN302365, DP: Shri Parasram Holdings Pvt. Ltd. You can also execute online via CDSL Easiest or NSDL Speed-e. Physical: Courier the certificates with signed transfer deed. We guide you through the exact process.
Step 5 — Receive payment. On confirmation of share receipt, we release payment by NEFT or RTGS — typically within 24 hours.
Selling inherited or old Indofil Industries share certificates
This is our specialism, and very few dealers in India offer it.
If you have found old Indofil Industries share certificates among family papers — perhaps belonging to a parent or grandparent — you likely have a valid, transferable asset.
- Do not discard them. Old certificates frequently retain real value.
- Photograph them and send to +91-8882245112. We verify authenticity and current status at no cost.
- We check the company’s position — active, merged, renamed, delisted or dissolved — and tell you honestly what your holding represents today.
- If the shares have value, we quote and buy. If not, we explain the position and the capital-loss tax set-off available to you.
Full physical share certificate guide →
Tax when you sell Indofil Industries unlisted shares
| Holding Period | Classification | Tax Rate |
| More than 24 months | Long-Term Capital Gain (LTCG) | 20% with indexation benefit |
| 24 months or less | Short-Term Capital Gain (STCG) | Your applicable income slab rate |
- No STT (Securities Transaction Tax) applies to unlisted share transactions
- Stamp duty of 0.015% applies on off-market transfers, collected by the depository
- For inherited shares, the holding period includes the original owner’s period — often making gains long-term automatically
- For NRIs, TDS provisions apply; we guide on documentation
If the shares later list, post-listing tax treatment changes to listed-share rules (12-month LTCG threshold), with the holding period counted from your original purchase date.
Complete tax guide on unlisted shares • Capital gains tax on unlisted shares
Consult a Chartered Accountant for your specific situation.
Sell your Indofil Industries shares — call/WhatsApp +91-8882245112 for a firm bid
Related: sell unlisted shares in India • physical & demat share assistance
Trust & Contact
Why Buy and Sell Indofil Industries Shares Through Arms Securities?
| Arms Securities | Typical online platform | |
| Years in business | 35+ years (since 1990) | 3–8 years |
| Market standing | Founder member of India’s unquoted stock market | Recent entrant |
| Physical certificates | ✅ Full handling — authentication, transmission, demat | ❌ Usually refused |
| Delisted / suspended shares | ✅ Specialism | ❌ Not offered |
| Inheritance / transmission | ✅ Complete support | ❌ Not offered |
| We buy as well as sell | ✅ Two-way market | ⚠️ Often buy-side only |
| Direct phone access | ✅ Speak to a dealer | ⚠️ Ticket systems |
| HNI clients served | 2,300+ | — |
| Geographic reach | 15+ states | — |
Our pre-IPO track record
Arms Securities identified and supplied pre-IPO shares in companies that became genuine multibaggers for our clients:
DLF • D-Mart (Avenue Supermarts) • Nazara Technologies • LUX Industries • ISGEC Heavy Engineering • L&T Infotech (now LTIMindtree)
The full 35-year Arms Securities story • Arms Securities vs UnlistedZone • ⭐ Client success stories
Contact: +91-8882245112 (Call/WhatsApp) • +91-9899131155 • +91-11-47000023 contact@armssecurities.com • www.armssecurities.com Mon–Fri 9:30–18:00 • Sat 10:00–14:00
Related guides: What are unlisted shares in India • Best unlisted shares to buy in 2026 • Full unlisted share price list • Unlisted shares FAQ • Contact Arms Securities
Shareholding Pattern (March 31, 2025)
| Category | No. of Shares | % Holding |
|---|---|---|
| Promoters | 1,96,22,753 | 65.4 |
| Institutional Investors | 54,67,235 | 18.2 |
| Public | 49,35,469 | 16.4 |
| Total | 3,00,25,457 | 100.0 |
Sector
- Industry: Chemicals & Agrochemicals
- Segment: Crop Protection, Specialty & Performance Chemicals
Why Choose Arms Securities?
Trust Arms Securities for safety, transparency, and expert service in every Indofil Industries Limited unlisted share transaction.
Balance Sheet of Indofil Industries Unlisted Shares
in ₹ Cr.
| category | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 |
|---|---|---|---|---|---|---|---|---|---|
| Equity | 2293.96 | 1949.22 | 1731.23 | 1564.04 | 1415.74 | 1296.93 | 1267.88 | 1099.15 | 945.35 |
| Liabilities | 822.91 | 887.66 | 1069.91 | 1531.48 | 1247.56 | 1521.82 | 1749.09 | 1539.85 | 1138.82 |
| Total Equity and Liabilities | 3116.87 | 2836.88 | 2801.14 | 3095.52 | 2663.30 | 2818.75 | 3016.97 | 2639.00 | 2084.17 |
| Net Fixed Assets | 630.27 | 659.31 | 671.10 | 658.62 | 722.83 | 830.92 | 854.52 | 507.28 | 515.89 |
| Capital Work-in-progress | 11.48 | 11.42 | 32.92 | 58.98 | 57.69 | 78.62 | 67.58 | 354.97 | 136.55 |
| Other Non current Assets | 421.16 | 405.11 | 406.44 | 423.07 | 466.58 | 442.23 | 349.49 | 327.72 | 264.55 |
| Current Assets | 2053.96 | 1761.04 | 1690.68 | 1954.85 | 1416.20 | 1466.98 | 1745.38 | 1449.03 | 1167.19 |
| Total Assets | 3116.87 | 2836.88 | 2801.14 | 3095.52 | 2663.30 | 2818.75 | 3016.97 | 2639.00 | 2084.17 |
Profit and Loss of Indofil Industries Unlisted Shares
in ₹ Cr.
| category | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 |
|---|---|---|---|---|---|---|---|---|---|
| Net Revenue | 3073.04 | 2793.72 | 2837.36 | 2673.57 | 2286.80 | 2037.35 | 2177.20 | 1993.26 | 1892.96 |
| Total Operating Cost | 2622.87 | 2414.80 | 2465.21 | 2341.31 | 1858.16 | 1806.45 | 1837.99 | 1656.27 | 1547.23 |
| Operating Profit (EBITDA) | 450.17 | 378.92 | 372.15 | 332.26 | 428.64 | 230.90 | 339.21 | 336.99 | 345.73 |
| Other Income | 85.77 | 37.52 | 39.99 | 56.88 | 16.73 | 42.45 | 15.77 | 16.32 | 16.63 |
| Depreciation and Amortization Expense | 80.51 | 76.10 | 76.17 | 78.44 | 93.99 | 102.81 | 76.49 | 55.65 | 46.92 |
| Profit Before Interest and Taxes | 455.43 | 340.34 | 335.97 | 310.70 | 351.38 | 170.54 | 278.49 | 297.66 | 315.44 |
| Finance Costs | 22.12 | 36.41 | 45.03 | 43.92 | 59.91 | 87.13 | 63.62 | 55.34 | 34.65 |
| Profit Before Tax and Exceptional Items Before Tax | 433.31 | 303.93 | 290.94 | 266.78 | 291.47 | 83.41 | 214.87 | 242.32 | 280.80 |
| Exceptional Items Before Tax | 0.00 | 0.00 | 10.32 | 0.00 | -69.33 | -31.41 | 0.00 | 0.00 | 0.00 |
| Profit Before Tax | 433.31 | 303.93 | 280.62 | 266.78 | 222.14 | 52.00 | 214.87 | 242.32 | 280.80 |
| Income Tax | 104.12 | 74.10 | 90.92 | 90.95 | 93.39 | -15.17 | 37.16 | 28.36 | 62.75 |
| Profit for the Period from Continuing Operations | 329.19 | 229.83 | 189.70 | 175.83 | 128.75 | 67.17 | 177.71 | 213.96 | 218.04 |
| Profit for the Period | 329.19 | 229.83 | 189.70 | 175.83 | 128.75 | 67.17 | 177.71 | 213.96 | 218.04 |
Net Sales (in cr.)
Total Income (in cr.)
Operating Profit (in cr.)
Net Profit (in cr.)
Shareholder Funds (in cr.)
Total Assets (in cr.)
Frequently Ask Question