Batliboi Explained

Batliboi Limited
Type:	Public
Founder:	Jehangir Framji Batliboi
Location:	Surat and Bangalore, India
Key People:	Nirmal Bhogilal

Batliboi Ltd is one of the oldest Indian engineering companies, founded in 1892.^[1] The company is involved in Machine Tools, Textile Air Engineering, Textile Machinery, Air Conditioning, Environmental Engineering,^[2] Wind Energy, Electrical Engineering, and International Marketing and Logistics. Batliboi Ltd. has been registered in Bombay Stock Exchange.

History

It was founded by Jehangir Framji Batliboi. In 1916, the company was acquired by Bhogilal Leherchand, a diamond trader. It went public in 1978.

Notes and References

1. News: 4 January 2008 . Batliboi to issue shares worth 1 bln rupees . https://web.archive.org/web/20160303172912/http://in.reuters.com/article/idINIndia-31244320080104 . 2016-03-03 . 24 December 2010 . Reuters . Mumbai.
2. News: 21 May 2010 . TEXT-Fitch rates Batliboi Environmental Engineering 'B+(ind)' . https://web.archive.org/web/20160304055940/http://in.reuters.com/article/idINWLA468620100521 . 2016-03-04 . 24 December 2010 . Reuters.