Inter State Oil Carrier Ltd

Inter State Oil Carrier Limited (ISOCL) was initially incorporated as a Partnership Entity in the name of 'Interstate Oil Carriers' in 1971 by founder Promoter, Mr. Shanti Lal Jain. Thereafter, the Entity was incorporated as Patodi Dalmia Investors Private Limited as a private entity in West Bengal in May 1984. Name of the Company was later renamed as Inter State Financial Services and further to Inter State Oil Carrier Limited in 1999-2000. The Company is a leading player in transport industry, which operates a total of 18 fleets throughout India. With a fleet of 300-400 owned and attached vehicles, it provide reliable transportation services for a variety of materials, including white edible oils, chemicals like Methanol, Emulsion, Cyclo-pentene, and Acid Slurry, as well as LPG, Butane 1, Proylene, Propane, Butadine, and C4. It has camp offices in Chennai, Kandla, Hazira, Baroda and Mumbai from were loading and unloading takes place. The Company is widely acknowledged as a leading transporter of bulk liquids and gases in India today with a strong presence in the Eastern Region. There vehicles are easily spotted in the East to West, East to North and East to South corridors and vice versa. There bulk liquid carrier fleet includes single and multi-compartment tankers, SS Tankers, and the newly introduced integrated tanker trailers with high end facilities. In 1995, the company diversified into bulk tanker transportation, goods transportation and leasing business in which the promoters have two decade of experience. To part-finance it's diversification programme of transportation business (for acquiring tanker lorries) and augment long term resources it came out with a public issue in Mar 1995. In 1996-97, the due to unfavorable market conditions both in bourses and industrial scenario the company's plans viz. increasing the fleet of tankers etc went awry. Later, it diversified into the area of infrastructural development by purchasing earth moving equipments and dumpers in 2006. Apart from these, Company specializes in transportation of Methanol, Acetic Acid, Acetone , Formalin, Linear Alkylbenzene, Acid Slurry, Mixed Xylene, Solvents, Naptha, Exxsol D-8, Exxsol KD-80, Phenol, C-9, C10, Chryso AMA, Bentone SP Oil, Cyclopentane, MEK, Butyl Acetate, MIBK, Sodium Silicate, Bio-Diesel, Toluene, Emulsion, N-Butanol etc. The capacity of tankers for gases are 18MT and 21MT with 1 MT being 1000 kg. Oils include castor seed oil, coconut oil, linseed oil, palm oil, PFAD, RBD Palm Oil, Refined Soyabean Oil, Rice Bran oil, Sesame oil, Soya crude.