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About Riddhi Siddhi Gluco Biols Ltd
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Riddhi Siddhi Gluco Boils Limited was formerly incorporated as Riddhi Siddhi Starch & Chemicals Private Limited, as a Private Limited Company in July, 1990. The company became a public limited company in February, 1992 and its name was changed to Riddhi Siddhi Starch & Chemicals Limited in April, 1992 and was again changed to Riddhi Siddhi Gluco Boils Limited in March, 2002. The Company is engaged in the business of generation and selling power through windmills and in business of trading in agriculture and metal commodity items. The Company had sold its Corn Processing Business during FY 2011-12, and invested the sale proceeds realized into various treasury instruments to optimize the return on surplus / idle funds. The company came out with a public issue in Nov.`93 to part-finance a project to set up an unit to manufacture starch and its by-products in Junapadhar (Ahmedabad district), Gujarat. The company`s products include maize starch powder, white dextrine, yellow dextrine, thin boiling starch and oxidised starch. These products are used in industries like food products, pharmaceutical formulations, packing materials, textiles, etc. The by-products generated during the manufacturing process are husk fibre, gluten, oil cake and maize oil. Husk fibre, gluten and oil cake are sold as cattle feed and maize oil is refined further to produce edible oil. The Company enhanced the capacity of down stream products with substantial increase in the basic capacity of maize crushing and implemented a 6 MW Bio Mass based Co-generation Power Plant at its Gokak unit during the year 2001-02. During 2007-08, the Company expanded the Viramgam unit from 100 tpd to 250 tpd of corn grinding. It implemented the new plant in Rudrapur, Uttarakhand, having 1500 tpd of corn grinding capacity costing Rs 125 crore. Resulting to this, the said Unit commenced operations and the total corn grinding capacity of the Company reached 5 lac tonnes per annum in 2008. The Company expanded capacity at Pantnagar Unit in Uttarakhand in 2009-10. In 2010-11, 7.65MW Wind Energy Plant was commissioned in Tamil Nadu, Maharashtra and Gujarat. During 2011-12, the Scheme of Arrangement for Demerger and Transfer of Demerged Undertaking of the Company to Riddhi Siddhi Corn Processing Private Limited (RSCPPL) became effective from May 29, 2012. Accordingly, the Company`s Corn Wet Milling business along with its assets and liabilities got transferred to RSCPPL effective on October 1, 2011. The Company became the Subsidiary of the Creelotex Engineers Private Limited on March 31, 2017.
Riddhi Siddhi Gluco Biols share price as on 19 Jan 2026 is Rs. 485.05. Over the past 6 months, the Riddhi Siddhi Gluco Biols share price has decreased by 16.32% and in the last one year, it has decreased by 16.87%. The 52-week low for Riddhi Siddhi Gluco Biols share price was Rs. 405 and 52-week high was Rs. 691.
524480
INE249D01019
Sep
Riddhi Siddhi Gluco Biols Ltd FAQs
You can buy Riddhi Siddhi Gluco Biols Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Riddhi Siddhi Gluco Biols Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jan 16, 2026 04:01 PM the closing price of Riddhi Siddhi Gluco Biols Ltd was Rs.485.05.
The latest PE ratio of Riddhi Siddhi Gluco Biols Ltd as of Jan 16, 2026 04:01 PM is -12.53
The latest PB ratio of Riddhi Siddhi Gluco Biols Ltd as of Jan 16, 2026 04:01 PM is 0.22
The 52-week high of Riddhi Siddhi Gluco Biols Ltd share price is Rs. 691.00 while the 52-week low is Rs. 405.00
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jan 16, 2026 04:01 PM, the market cap of Riddhi Siddhi Gluco Biols Ltd stood at Rs. 345.84 Cr.
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