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Balmer Lawrie

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Balmer Lawrie
बामर लॉरी
FoundedCalcutta, British India (1867; 157 years ago (1867))
Headquarters,
OwnerGovernment of India
Websitebalmerlawrie.com

Founded by two Scotsmen, George Stephen Balmer and Alexander Lawrie, in 1867 in Kolkata, India, Balmer Lawrie & Co. Ltd. started as a Partnership Firm on 1 February 1867. Today Balmer Lawrie is a Mini-Ratna I Public Sector Enterprise under the Ministry of Petroleum and Natural Gas, government of India, with a turnover of Rs. 2762 crores and a profit of Rs. 223 crores.

Along with its six joint ventures in India and abroad, today it is a conglomerate with a presence in both manufacturing and service sectors. Balmer Lawrie products include steel barrels, industrial greases, specialty lubricants, corporate travel and logistics services. It has a presence in performance chemicals and logistics infrastructure.

It is the largest manufacturer of steel barrels in India.[citation needed] The company is headquartered in Kolkata, and has offices throughout India and in Bedford in the UK.

Listings

Balmer Lawrie is listed on the following indexes:

Code

  • BSE code: 523319
  • NSE code: BALMLAWRIE
  • Reuters: BLMR.BO

History

Balmer Lawrie Investments (BLI) is a listed special purpose vehicle which holds the majority stake in Balmer Lawrie.[1]

Balmer, Lawrie & Co Ltd were sole agents for India, Calcutta and Bombay for the famous London company [MERRYWEATHER AND SONS] Ltd, manufacturers of fire engines, fire fighting equipment and other products. When they left their factory in South Wales in 1984, Merryweather and Sons still had in stock at least one brass plaque inscribed with this information.

References

  1. ^ Jayanta Mallick (28 February 2004). "Balmer Lawrie Investments sees bulk deals". The Hindu Business Line. Retrieved 28 June 2012.