177:
In 2007, Ballarpur
Industries Limited (BILT), acquired Sabah Forest Industries (SFI) of Malaysia in its first overseas acquisition. This acquisition transformed BILT into a major regional player in the paper industry and elevated the company's global ranking to be among the top 100 paper companies
628:
198:
In the 1990s the company was under siege from
Southeast Asian companies, who set up greenfield projects in India. However, in 2001, Ballarpur Industries turned around and was able to buy out its Indonesian competitor's
422:
190:
established the company in 1945 as
Ballarpur Paper and Straw Board Mills Limited, with 'Three Aces' (paper) and 'Wisdom' (stationery) being its first two brands. In 1969, Shree Gopal Paper Mills Limited in
605:
747:
727:
426:
397:
342:
Due to poor internal performance of the company, its stock has fallen more than 95% in a span of three years (as of March, 2020). The equity shares of BILT are listed on
722:
323:
The company has been reporting losses for numerous financial years and was taken to the bankruptcy court by its lenders on
January, 2020. BILT's major lenders include
166:
BILT has six manufacturing units across India, which give the company geographic coverage over most of the domestic market. BILT has a dominant share of the high-end
580:
174:
market, an impressive 85% of the bond paper market and nearly 45% of the hi-bright
Maplitho market, besides being India's largest exporter of coated paper.
717:
661:
370:
178:
worldwide. It also entered into a partnership with Red Roses
Publications, Norway in 2013, which is owned and managed by a multi-billionaire.
732:
29:
343:
474:
449:
500:"Ballarpur Inds.: Reports, Company History, Directors Report, Chairman's Speech, Auditors Report of Ballarpur Inds. - NDTV"
737:
148:, and was once india's largest manufacturer of writing and printing paper. The current chairman of the company is
499:
524:
742:
160:
163:, and BILT Tree Tech Limited (BTTL), which runs BILT's farm forestry program in several states in India.
353:
On March 31,2023 NCLT Mumbai approved
Finquest Financial Solutions bid to acquire Ballarpur Industries.
347:
297:
293:
270:
53:
702:
246:
554:
250:
195:
was merged with the company. In 1975, the organization was renamed
Ballarpur Industries Limited.
187:
669:
636:
274:
200:
171:
57:
39:
711:
288:
260:
222:
149:
145:
103:
47:
203:
Indian division and entered into a partnership with Red Roses
Publications, Norway.
167:
606:"Introducing Ballarpur Industries (NSE:BALLARPUR), The Stock That Collapsed 98%"
264:
254:
241:
218:
192:
153:
328:
237:
673:
640:
336:
332:
278:
226:
159:
BILT subsidiaries include Sabah Forest
Industries (SFI), Malaysia's largest
28:
312:
107:
301:
284:
84:
206:
The name BILT emerged after a corporate rebranding exercise in 2002.
308:
170:
segment in India. The company accounts for over 50% of the coated
90:
532:
111:
324:
629:"Finquest's offer for Ballarpur Industries gets NCLT nod"
697:
129:
232:The company has the following manufacturing units:
125:
117:
97:
79:
71:
63:
45:
35:
217:It has three central nurseries, each located in
398:"BILT buys paper mill in Malaysia for $ 261 mn"
748:Companies listed on the Bombay Stock Exchange
475:"India's Ballarpur takes over SFI | The Star"
214:BILT is headquartered in Gurgaon in Haryana.
8:
21:
728:Manufacturing companies established in 1945
307:The company also has one of its office in
20:
581:"Thapar Group's BILT in bankruptcy court"
723:Manufacturing companies based in Gurgaon
662:"CM meets officials of BILT buyer, ITC"
362:
7:
396:Mishra, Bisheshwar (19 March 2007).
450:"India's Ballarpur takes over SFI"
339:and Finquest Financial Solutions.
14:
718:Pulp and paper companies of India
319:Financials and bankruptcy process
344:National Stock Exchange of India
27:
152:, who succeeded his late uncle
425:. 15 July 2011. Archived from
16:Located in Chandrapur District
1:
627:Vyas, Maulik (3 April 2023).
733:1945 establishments in India
371:"BILT: Growing aggressively"
138:Ballarpur Industries Limited
22:Ballarpur Industries Limited
764:
26:
294:Unit : Shree Gopal
161:pulp and paper company
75:Lala Karamchand Thapar
525:"Forestry Operations"
348:Bombay Stock Exchange
298:Yamuna Nagar District
259:Unit : Bhigwan,
247:Unit : Ballarpur
144:) is a subsidiary of
738:Forestry in Malaysia
535:on 17 February 2004
251:Chandrapur District
236:Unit : Ashti,
130:http://www.bilt.com
23:
668:. 9 January 2024.
666:The Times of India
633:The Economic Times
585:The Economic Times
479:www.thestar.com.my
402:The Times of India
283:Unit : Sewa,
188:Karam Chand Thapar
448:Vanar, Muguntan.
423:"The PPI Top 100"
275:Warangal District
135:
134:
755:
685:
684:
682:
680:
658:
652:
651:
649:
647:
624:
618:
617:
615:
613:
602:
596:
595:
593:
591:
576:
570:
569:
567:
565:
559:www.bseindia.com
551:
545:
544:
542:
540:
531:. Archived from
521:
515:
514:
512:
510:
496:
490:
489:
487:
485:
471:
465:
464:
462:
460:
445:
439:
438:
436:
434:
419:
413:
412:
410:
408:
393:
387:
386:
384:
382:
367:
31:
24:
763:
762:
758:
757:
756:
754:
753:
752:
708:
707:
694:
689:
688:
678:
676:
660:
659:
655:
645:
643:
626:
625:
621:
611:
609:
608:. 15 March 2020
604:
603:
599:
589:
587:
579:Rebello, Joel.
578:
577:
573:
563:
561:
553:
552:
548:
538:
536:
523:
522:
518:
508:
506:
498:
497:
493:
483:
481:
473:
472:
468:
458:
456:
447:
446:
442:
432:
430:
429:on 15 July 2011
421:
420:
416:
406:
404:
395:
394:
390:
380:
378:
377:. 22 March 2007
369:
368:
364:
359:
321:
212:
201:Sinar Mas Group
184:
172:wood-free paper
100:
93:
87:
50:
17:
12:
11:
5:
761:
759:
751:
750:
745:
740:
735:
730:
725:
720:
710:
709:
706:
705:
703:Paper Division
700:
693:
692:External links
690:
687:
686:
653:
619:
597:
571:
546:
516:
491:
466:
440:
414:
388:
361:
360:
358:
355:
320:
317:
305:
304:
291:
281:
267:
257:
244:
211:
208:
183:
180:
133:
132:
127:
123:
122:
121:USD 70 Million
119:
115:
114:
101:
98:
95:
94:
89:
83:
81:
77:
76:
73:
69:
68:
65:
61:
60:
51:
46:
43:
42:
40:Public company
37:
33:
32:
15:
13:
10:
9:
6:
4:
3:
2:
760:
749:
746:
744:
743:Avantha Group
741:
739:
736:
734:
731:
729:
726:
724:
721:
719:
716:
715:
713:
704:
701:
699:
696:
695:
691:
675:
671:
667:
663:
657:
654:
642:
638:
634:
630:
623:
620:
607:
601:
598:
586:
582:
575:
572:
560:
556:
550:
547:
534:
530:
526:
520:
517:
505:
501:
495:
492:
480:
476:
470:
467:
455:
451:
444:
441:
428:
424:
418:
415:
403:
399:
392:
389:
376:
375:@businessline
372:
366:
363:
356:
354:
351:
349:
345:
340:
338:
334:
330:
326:
318:
316:
314:
310:
303:
299:
295:
292:
290:
286:
282:
280:
276:
272:
268:
266:
262:
261:Pune District
258:
256:
252:
248:
245:
243:
239:
235:
234:
233:
230:
228:
224:
220:
215:
209:
207:
204:
202:
196:
194:
189:
181:
179:
175:
173:
169:
164:
162:
157:
155:
151:
150:Gautam Thapar
147:
146:Avantha Group
143:
139:
131:
128:
124:
120:
116:
113:
109:
105:
104:Gautam Thapar
102:
96:
92:
86:
82:
78:
74:
70:
66:
62:
59:
55:
52:
49:
44:
41:
38:
34:
30:
25:
19:
677:. Retrieved
665:
656:
644:. Retrieved
632:
622:
610:. Retrieved
600:
588:. Retrieved
584:
574:
562:. Retrieved
558:
549:
537:. Retrieved
533:the original
528:
519:
507:. Retrieved
504:www.ndtv.com
503:
494:
482:. Retrieved
478:
469:
457:. Retrieved
453:
443:
431:. Retrieved
427:the original
417:
405:. Retrieved
401:
391:
379:. Retrieved
374:
365:
352:
341:
322:
306:
269:Unit :
231:
216:
213:
205:
197:
185:
176:
168:coated paper
165:
158:
141:
137:
136:
80:Headquarters
36:Company type
18:
459:15 December
271:Kamalapuram
265:Maharashtra
255:Maharashtra
242:Maharashtra
219:Maharashtra
193:Yamunanagar
154:L.M. Thapar
712:Categories
612:13 October
590:13 October
564:13 October
555:"BSEINDIA"
509:13 October
484:13 October
433:13 October
407:13 October
381:13 October
357:References
329:ICICI Bank
238:Gadchiroli
99:Key people
674:0971-8257
641:0013-0389
337:IDBI Bank
333:Axis Bank
279:Telangana
227:Telangana
210:Locations
48:Traded as
529:bilt.com
454:The Star
313:Malaysia
108:Chairman
302:Haryana
285:Jeypore
182:History
126:Website
118:Revenue
85:Gurgaon
72:Founder
64:Founded
56::
679:2 July
672:
646:2 July
639:
539:6 June
289:Orissa
223:Orissa
58:500102
309:Sabah
186:Lala
91:India
698:BILT
681:2024
670:ISSN
648:2024
637:ISSN
614:2020
592:2020
566:2020
541:2022
511:2020
486:2020
461:2023
435:2020
409:2020
383:2020
346:and
225:and
142:BILT
110:and
67:1945
350:.
325:SBI
112:CEO
54:BSE
714::
664:.
635:.
631:.
583:.
557:.
527:.
502:.
477:.
452:.
400:.
373:.
335:,
331:,
327:,
315:.
311:,
300:,
296:,
287:,
277:,
273:,
263:,
253:,
249:,
240:,
229:.
221:,
156:.
106:,
88:,
683:.
650:.
616:.
594:.
568:.
543:.
513:.
488:.
463:.
437:.
411:.
385:.
140:(
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
