SUL INDIA LTD. was incorporated on 12th November,1980 with
the Registrar of Companies, Madhya Pradesh, Gwalior under
the name of Soya Udyog Pvt. limited Subsequently the company
was converted into Soya Udyog Limited on 5th April, 1985
and obtained fresh certificate of incorporation on 17th
April,1985. The company name was subsequently changed to
`SUL INDIA LIMITED' & the Comp. obtained a fresh
certificate of incorporation consequent on change of name
from the Registrar of Companies, Gwalior on 25th August,
1995 The Comp. started manufacturing of Raw/Refined
Soyabean & Rapeseed Edible Oil & Deoiled Cakes with an
installed capacity of 60 tpd Solvent Extraction Plant and
20 tpd Oil Refinery in 1983. The Comp. gradually
increased this capacity to 450 tpd of Solvent Extraction
and 35 tpd of Refinery in stages with modernisation /
upgradation technology. The expansion in Solvent Capacity
from 450 tpd to 600 tpd & Refinery from 35 tpd to 50 tpd
has been completed & started production.
The Comp. is presently engaged in manufacture of
Raw/Refined soyabean & rapeseed edible oil & deoiled
cakes. The Solvent Extraction Plant & Refinery are
located at Industrial Area, Shujalpur, Dist. Shajapur, in
main belt of Soyabean producing area in Madhya Pradesh. The
plant is well connected with Broad gauge Railways and
The Comp. has been growing steadily in terms of turnover
and profitability year by year. The turnover of Company
increased manifold from Rs. 22 Crores in the year 1989-90
to Rs. 70 crores in the year 1994-95. The Net Profit also
increased from Rs. 31 lacs in the year 1989-90 to Rs. 202
lacs in the year 1994-95. The average export turnover of
the Comp. during the last 3 years have been Rs. 1500 lacs.
The book value of Equity Shares as on 31.03.95 is Rs. 28.90
per share. The Comp. has been paying dividends since the
The Comp. came in Public Issue for first time in
1985. The issue was oversubscribed by about 16 times.
Subsequently the Comp. has made two Right Issues in the
years 1991 & 1993 respectively which were oversubscribed.
At present the Comp. is engaged in the business of
extraction of crude & refined oil in bulk & exporting
its Soya Extract to hard currency area. The Comp. has
been awarded the status of Export House by Ministry of
Commerce, Govt. of India.
The present installed capacity is 600 tpd of Soya Solvent
extraction & oil refinery extraction capacity of 50 tpd.
The Company products are well-accepted in the market and
it is a growing & profitable business as shown by the
financial highlights given below: