IEL Ltd (INDXTRA) — shareholding pattern, promoter holding, financials and share price

IEL Ltd operates in the Other Food Products industry, within the Fast Moving Consumer Goods sector. It trades on the NSE as INDXTRA and on the BSE under scrip code 524614. Its ISIN is INE056E01024.

Incorporated in 1956, IEL Ltd is engaged to build, run, manage and otherwise of Warehousing, Storage house, godowns, cold storage and other related activities including trading of chemicals. [1]

IEL Limited operates in the warehousing and logistics industry, strategic in its positioning within India’s rapidly-growing infrastructure sector. They are embarking on a significant project to develop a state-of-the-art integrated logistics park in Lucknow. This initiative will include build-to-suit warehousing and cold storage solutions, providing optimized, energy-efficient facilities. They aim to leverage location advantages to cater to e-commerce, logistics, and manufacturing sectors, enhancing customer service and operational efficiencies.

The logistics park expansion is set in a high-potential area, taking advantage of Lucknow's strategic access to major highways, enhancing distribution capabilities. The phased development plan will span multiple years with an extensive investment in cold storage and warehousing facilities, aiming to meet increasing demand in the market.

Listed peers in Other Food Products: Rukmani Devi Garg Agro Impex Ltd, Leo Dryfruits & Spices Trading Ltd, Kovilpatti Lakshmi Roller Flour Mills Ltd, NHC Foods Ltd, Gujarat Peanut & Agri Products Ltd, Team24 Consumer Products Ltd.