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BASF
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About BASF India
History of BASF India Limited
Incorporated in 1943, BASF India Limited is involved in the manufacturing and trading of chemicals and chemical products. Originally, the company was incorporated as R.A. Cole Limited and started manufacturing expandable and expanded polystyrene and synthetic tanning agents. In 1963, the company’s name was changed to Indoplast Ltd, which was changed to BASF India Ltd in 1967 after the company had collaborated with Badische Anilin & Soda-Fabric AG (BASF), West Germany. In 1967, the company signed an agreement with the National Research Development Corporation of India (NRDC) and agreed to offer the know-how developed by the Central Leather Research Institute for certain synthetic tanning agents. The next year, the company went public. In 1980, the company set up an agrochemical plant on the Thane-Belapur road. In 1998, BASF India Limited established 2 new plants in Mangalore to manufacture leather chemicals, auxiliaries, acrylic polymers, etc. By 1999, the company had five divisions - leather chemicals, chemicals, plastics, crop protection chemicals and colour dispersions. In 2013, BASF India Limited launched a new brand to enter into the construction sector. As of March 2023, the company has 4 manufacturing facilities in India, and they cater to 28 states in India and 37 countries worldwide.Business Segments of BASF India Limited
The company has 6 business segments for their 11 divisions.- Chemicals: Under this segment, the company caters to chemicals, construction, hygiene, automotive, detergent, packaging, textile and plastic industries. They provide various petrochemicals and intermediate products.
- Materials: Under this segment, BASF India Limited provides performance materials and monomers, such as engineering plastics, biodegradable plastics, caprolactam, ammonia, adipic acid, chlorine, etc. They cater to various industries, such as automotive, footwear, sports, packaging, etc.
- Industrial Solutions: In this segment, the company provides dispersions, additives, electronic materials, antioxidants and resins. They cater to industries like electronics, paints and coatings, etc.
- Surface Technologies: Under this segment, the company offers catalysts and coatings. They serve the automotive and chemical sectors, encompassing various industries, featuring automotive OEM and refinish coatings, surface treatment, catalysts, battery materials, and services related to precious and base metals.
- Nutrition and Care: In this segment, the company provides care chemicals and nutrition and health additives, such as vitamins, enzymes, omega-3 fatty acids, polymers, cosmetic active ingredients, UV filters and many more for the cosmetics, pharmaceutical, cleaners and detergents industries.
- Agricultural Solutions: In this segment, the company provides seeds and seed treatment products, such as herbicides, fungicides, insecticides, etc.
Key Personalities of BASF India Limited
Alexander Gerding, Managing Director Alexander Gerding has been the Managing Director of BASF India Limited since January 2023. He comes with more than 20 years of experience in the business of agricultural solutions. He joined BASF in 2000 and held several positions across the world, including the US, Argentina, etc. As the Head of BASF Group Companies in the country and Managing Director of BASF India Limited, he primarily focuses on the expansion of the business.Parent Organisation
MNC Asc-BASF
Managing Director
Pradip P Shah
Founded
1943
NSE Symbol
BASF
Community Discussion
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AngelOne
10th July 2024
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AngelOne
10th July 2024
BASF India Ltd-latest-market-updates-74982
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Basf India Ltd FAQs
What is the share price of Basf India Ltd (BASF) shares?
Basf India Ltd (BASF) share price as of July 26, 2024, on NSE is Rs 5829 (NSE) and Rs 5829 (BSE) on BSE.
Can I buy Basf India Ltd (BASF) from Angel One?
Yes, You can buy Basf India Ltd (BASF) shares by opening a Demat account with Angel One.
How do I buy Basf India Ltd (BASF) from Angel One?
Basf India Ltd (BASF) share can be bought through the following modes:
1. Direct investment: You can buy Basf India Ltd (BASF) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Basf India Ltd (BASF) shares.
1. Direct investment: You can buy Basf India Ltd (BASF) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Basf India Ltd (BASF) shares.
What is the main business of BASF India?
The main business of BASF India is to produce chemicals and materials and provide industrial solutions, nutrition & care, surface technologies, and agricultural solutions.
Who are the promoters of BASF India?
The top two promoters of BASF India are BASF Societas Europaea and BASF Schweiz Ag.
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