|₹2180.4 / ₹1176.3|
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Vinati Organics Ltd is engaged in manufacturing of speciality organic intermediates and monomers and polymers. It manufactures iso butyl benzene, the prime raw material for the manufacture of ibuprofen, a vital bulk drug. The company's manufacturing facilities are located at Mahad and Lote Parashuram, Maharashtra. Incorporated in Jun. '89, Vinati Organics Ltd is promoted by Maharashtra Petrochemicals Corporation (MPCL) and Vinati Enterprises, a partnership firm where Vinod Saraf was the principal partner. Vinati Organics came out with a public issue in Nov. '91 to set up a plant to manufacture 1200 tpa of iso butyl benzene, in Mahad (Raigad district), Maharashtra. Commercial production commenced in Jul.