The company was incorporated in 1997 and promoted by Shailendra Kumar Jain, Motilal Jain, Sukhnandan Jain and Sunil Kumar Jain with an object to implement an SSP Plant and has successfully implemented the SSP plant at Unit I in the year 1999. Later in year 2004 the company was taken- over by Pankaj Ostwal, Praveen Ostwal and Seasons Agro Chem India Pvt. Ltd. The company set up unit II of Beneficiated Rock Phosphate (BRP) with an installed capacity of which process the low grade rock phosphate into high grade rock phosphate and its commercial processing started in March 2012. The company’s manufacturing plant is situated at Sagar, Madhya Pradesh with total installed capacity of 180000 MT of SSP, 99000 MT of BRP and 36000MT of Sulphuric Acid.
Business area of the company
The company is manufacturing Beneficiated Rock Phosphate (BRP), Single Super Phosphate (SSP) and Sulphuric Acid which is used in large quantities for replenishing “P” (Phosphorus) in the soil and act as a fertilizer for the crop. The company has entered into the backward integration by manufacturing of Beneficiated Rock Phosphate (BRP) and Sulphuric Acid which is used as a raw material for manufacturing of SSP. It is also engaged in business of Purchase and Sale of (Trading) of Textiles and agricultural commodity.
Milestones
- 1997-98: Incorporation of the Company in the name and style of “Madhya Bharat Agro Products Private Limited”.
- 1998-99: Starting commercial production for manufacturing of SSP at Unit.
- 1999-00: Conversion of Company from Private Limited to Public Limited.
- 2002-03: Operations of the Company was closed and referred to BIFR for registration as Sick Company.
- 2004-05: The company was taken over by Existing Promoters.
- 2007-08: Revive from Board for Industrial and financial Reconstruction.
- 2009-10: Change in Registered office from Indore , Madhya Pradesh to Bhilwara, Rajasthan.
- 2011-12: Starting commercial production for manufacturing of BRP at Unit – II.
- 2014-15: Started Production for manufacturing of SSP at Unit-II.