SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

DPED appoints IFCI as advisor for PSIDC’s stake sale in PACL

27 Jun 2013 Evaluate

IFCI has been appointed as a global advisor for divesting state owned Punjab State Industrial Development Corporation (PSIDC) 44.26% stake in Punjab Alkalies & Chemicals (PACL). The decision was taken by Directorate of Public Enterprise and Divestment (DPED), Punjab. PSIDC has 44.26% stake in PACL comprising 90.90 lakh equity shares.

Punjab government has been waiting to get the right price before divesting its stake in PACL. In 2010, Punjab government has invited Expression of Interest (EOI) where almost 14 companies had evinced interest in buying the stake of PSIDC in PACL.

Punjab Alkalies & Chemicals is engaged in the manufacturing of caustic soda, liquid chlorine, hydrogen and hydrochloric acid with capacity of 300 Tonne Per Day. The product produced by the company is used in paper industry, vegetable oil, aluminium and textile sectors.

Primo Chemicals Share Price

24.15 -0.69 (-2.78%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
BASF India 3703.10
Tata Chemicals 709.05
SRF 2493.65
Pidilite Inds. 1393.25
Deepak Nitrite 1538.00
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×