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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
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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
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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
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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
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The company has been reporting losses for numerous financial years and was taken to the bankruptcy court by its lenders in
January 2020. BILT's major lenders include
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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
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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.
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worldwide. It also entered into a partnership with Red Roses
Publications, Norway in 2013, which is owned and managed by a multi-billionaire.
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511:"Ballarpur Inds.: Reports, Company History, Directors Report, Chairman's Speech, Auditors Report of Ballarpur Inds. - NDTV"
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On March 31,2023 NCLT Mumbai approved
Finquest Financial Solutions bid to acquire Ballarpur Industries.
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was merged with the company. In 1975, the organization was renamed
Ballarpur Industries Limited.
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Indian division and entered into a partnership with Red Roses
Publications, Norway.
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617:"Introducing Ballarpur Industries (NSE:BALLARPUR), The Stock That Collapsed 98%"
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BILT subsidiaries include Sabah Forest
Industries (SFI), Malaysia's largest
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The name BILT emerged after a corporate rebranding exercise in 2002.
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segment in India. The company accounts for over 50% of the coated
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640:"Finquest's offer for Ballarpur Industries gets NCLT nod"
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243:The company has the following manufacturing units:
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228:It has three central nurseries, each located in
409:"BILT buys paper mill in Malaysia for $ 261 mn"
759:Companies listed on the Bombay Stock Exchange
486:"India's Ballarpur takes over SFI | The Star"
225:BILT is headquartered in Gurgaon in Haryana.
739:Manufacturing companies established in 1945
318:The company also has one of its office in
592:"Thapar Group's BILT in bankruptcy court"
734:Manufacturing companies based in Gurgaon
673:"CM meets officials of BILT buyer, ITC"
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407:Mishra, Bisheshwar (19 March 2007).
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461:"India's Ballarpur takes over SFI"
350:and Finquest Financial Solutions.
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729:Pulp and paper companies of India
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330:Financials and bankruptcy process
355:National Stock Exchange of India
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436:. 15 July 2011. Archived from
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27:Located in Chandrapur District
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638:Vyas, Maulik (3 April 2023).
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744:1945 establishments in India
382:"BILT: Growing aggressively"
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149:Ballarpur Industries Limited
33:Ballarpur Industries Limited
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305:Unit : Shree Gopal
172:pulp and paper company
86:Lala Karamchand Thapar
536:"Forestry Operations"
359:Bombay Stock Exchange
309:Yamuna Nagar District
270:Unit : Bhigwan,
258:Unit : Ballarpur
155:) is a subsidiary of
749:Forestry in Malaysia
546:on 17 February 2004
262:Chandrapur District
247:Unit : Ashti,
141:http://www.bilt.com
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679:. 9 January 2024.
677:The Times of India
644:The Economic Times
596:The Economic Times
490:www.thestar.com.my
413:The Times of India
294:Unit : Sewa,
199:Karam Chand Thapar
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459:Vanar, Muguntan.
434:"The PPI Top 100"
286:Warangal District
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16:(Redirected from
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619:. 15 March 2020
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388:. 22 March 2007
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280:Unit :
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179:coated paper
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91:Headquarters
47:Company type
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470:15 December
282:Kamalapuram
276:Maharashtra
266:Maharashtra
253:Maharashtra
230:Maharashtra
204:Yamunanagar
165:L.M. Thapar
723:Categories
623:13 October
601:13 October
575:13 October
566:"BSEINDIA"
520:13 October
495:13 October
444:13 October
418:13 October
392:13 October
368:References
340:ICICI Bank
249:Gadchiroli
110:Key people
685:0971-8257
652:0013-0389
348:IDBI Bank
344:Axis Bank
290:Telangana
238:Telangana
221:Locations
59:Traded as
540:bilt.com
465:The Star
324:Malaysia
119:Chairman
313:Haryana
296:Jeypore
193:History
137:Website
129:Revenue
96:Gurgaon
83:Founder
75:Founded
67::
690:2 July
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657:2 July
650:
550:6 June
300:Orissa
234:Orissa
69:500102
320:Sabah
197:Lala
102:India
709:BILT
692:2024
681:ISSN
659:2024
648:ISSN
625:2020
603:2020
577:2020
552:2022
522:2020
497:2020
472:2023
446:2020
420:2020
394:2020
357:and
236:and
153:BILT
121:and
78:1945
18:BILT
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336:SBI
123:CEO
65:BSE
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
