I G Petrochemicals Ltd - Company Profile

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I G Petrochemicals Ltd: Overview

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I G Petrochemicals Ltd (IGPL) is a manufacturer and distributor of petrochemical products. Its products include phthalic anhydride (PAN), maleic anhydride (MAN), benzoic acid, and diethyl phthalate (DEP). IGPL's products are used in various industries, including plastics, paints, coatings, packaging, agriculture, automotive, electronics, construction and personal care. The company's products find application in plasticizers, unsaturated polyester resins, alkyd resins, and CPC pigments. IGPL products are also used in pharmaceuticals, perfumes and fragrances, personal care products, incense sticks, cosmetics, toiletries, and other industrial applications. Its manufacturing unit is located at Taloja, Maharashtra. The company offers its products to chemical manufacturers, detergent producers, insecticide and fungicide companies, and personal care product manufacturers globally. IGPL is headquartered in Mumbai, Maharashtra, India.

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Headquarters India

Address 401/404 Raheja Centre, 214, Nariman Point, Free Press Journal, Mumbai, Maharashtra, 400021


Telephone 91 224 0586100

No of Employees 500

Industry Chemicals

Ticker Symbol & Exchange IGPL (NSE)

Revenue (2025) $263.7M 5.1% (2025 vs 2024)

EPS XYZ

Net Income (2025) XYZ 175.1% (2025 vs 2024)

Market Cap* $146.7M

Net Profit Margin (2025) XYZ 162.2% (2025 vs 2024)

* As of and is in US$
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I G Petrochemicals Ltd premium industry data and analytics

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on I G Petrochemicals Ltd’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products
Benzoic Acid
Diethyl Phthalate
Maleic Anhydride
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2017 Acquisitions/Mergers/Takeovers In March, the company completely acquired the MaleicAnhydride (MA) business from Mysore Petro Chemicals Ltd. (MPCL).
2016 Corporate Changes/Expansions In September, IG Petrochemicals formed a subsidiary IGPL International Ltd.
2015 Contracts/Agreements In November, I G Petrochemicals entered into a joint venture agreement with Dubai Natural Gas Company (DUGAS) to setup a Maleic Anhydride manufacturing facility. The joint venture company will be named as ENOC - I G Petrochemicals LLC.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Learn more
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Competitor Comparison

Key Parameters I G Petrochemicals Ltd UPC Technology Corp Tata Chemicals Ltd Pidilite Industries Ltd Thirumalai Chemicals Ltd
Headquarters India Taiwan India India India
City Mumbai Taipei Mumbai Mumbai Chennai
State/Province Maharashtra Taipei Maharashtra Maharashtra Tamil Nadu
No. of Employees 500 1,381 4,789 8,153 533
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Nikunj Dhanuka Chairman; Managing Director Executive Board 2025 -
Mayank Dhanuka Chief Executive Officer; Director Executive Board 2025 -
Pramod Bhandari Chief Financial Officer Senior Management - -
Umang Dhanuka Chief Marketing Officer Senior Management - -
Rajkumar VP Chief Human Resources Officer Senior Management - -
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
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