Phoenix Overseas Limited was originally incorporated as a private limited company under the Companies Act, 1956 in the name and style of ‘Phoenix Commodity Export Private Limited’ dated December 31, 2002, issued by the Registrar of Companies, Kolkata. Subsequently, the company changed its name to Phoenix Overseas Private Limited and a fresh Certificate of Incorporation was issued by Registrar of Companies, Kolkata dated December 16, 2008. The company was subsequently converted into public limited company pursuant to a shareholders’ resolution passed at an Extraordinary General Meeting held on September 30, 2011 and name of the company was changed to ‘Phoenix Overseas Limited’ and a fresh Certificate of Incorporation dated November 14, 2011, was issued by Registrar of Companies, Kolkata.
Phoenix Overseas is engaged into trading and marketing of animal feeds and agricultural produce and commodities such as corn, oil cakes, spices like dry red chilies, coriander, cumin seeds, food grains like rice, wheat, corn, sorghum and tea, pulses and agricultural feed like soya bean meal and rice bran de-oiled cake. It has engaged in import lentils, black urad dal and tur dal in India in bulk quantities. Its major exports are to Bangladesh among other Asian Countries. It is B2B traders, dealing majorly in corn / maize and oil cakes. It maintains stocks and distributes them to different institutional parties like manufacturers, exporters, etc. in bulk quantities. The company has developed business strategy to switch over exports/imports from one commodity to another with change in demand or inconsistency in pricing for any commodity during any season.
The company is also engaged in manufacturing of bags for men and women made of jute, cotton, canvas, and leather as well as various other fashion accessories for buyers based in European Countries like France, Italy, Germany, UAE and also in Australia. The company’s manufacturing facility is situated at Sodhpur, Kolkata. The company is also engaged in manufacturing of purse and wallets along with other shopping and fashion bags for its clients. The company is also engaged in food preservation business after acquisition of a multipurpose cold storage as well as potato storage facility. The division offers storage and preservation solutions for all types of food products ranging from apples, oranges, carrots, potatoes, chili, ginger, eggs, fish, ice creams, sweets.
Business area of the company
The company is engaged into trading and exporting of animal feeds and agricultural produce and commodities such as corn, oil cakes, spices like dry red chilies, coriander, food grains like rice, wheat, corn, pulses and agricultural feed like soya bean meal and rice bran de-oiled cake.
Awards and recognition
- 2013-14: Export Excellence Awards - Gold from Federation of India Export Organisations (Eastern Region) (FIEO).
- 2017-18: 2nd Highest Merchant Exporter Award from the Soyabean Processors Association of India (SOPA).
- 2018-19: 2nd Highest Merchant Exporter Award of Soyabean Meal from the Soyabean Processors Association of India (SOPA).
- 2021-22: Certificate of Excellence Elite Supplier from Godrej Agrovet.
History and milestones
- 2002: Incorporation of Company
- 2003: Acquisition of Partnership firm of promoters M/s Phoenix International and shares were allotted to the partners of the firm.
- 2008: Alteration of Name clause of Memorandum of Association. The Name of Company was changed from Phoenix Commodity Export Private Limited to Phoenix Overseas Private Limited.
- 2009: Amalgamation of the Company, Phoenix Cold Storage Private Limited with the Company.
- 2009: Initiation of Cold Storage and Preservation of food products and potato storage business.
- 2013: Setting up of a factory at Sodhepur for manufacture of jute, cotton and leather bags, wallets, purse and belt.
- 2021: Investment in subsidiary company i.e. KBC Solvex Private Limited.
- 2023: Investment in the Associate Company, M/s. BCL Bio Energy Private Limited.
- 2023: Recognition as “Three Star” Trading House by Govt. of India, Department of Commerce, Ministry of Commerce and Industry and Directorate General of Foreign Trade.