Incorporated in 2012, Banka BioLoo Limited provides sanitation infrastructure and human waste management solutions and services. They offer innovative and simple bio-digester technology patented by Defense Research and Development Organisation (DRDO), the R&D arm of the Indian Ministry of Defence. They manufacture, supply and install bio-tanks for digestion of human waste.

They also provide sanitation operations and maintenance (O&M) services to the Indian Railways. The anaerobic bio-digester technology helps users to manage waste onsite, without depending on expensive and energy-consuming sewage infrastructure. They are involved in the rental and AMC of mobile biotoilets; handling of low cost housing projects for sanitation requirement at rural area, sale of spares of control discharge toilet system to the Indian Railways and provision of consultancy services for development of large bio tanks, as well as waste water treatment and recycling solutions.

Banka BioLoo have installed over 6,000 bio-toilet units across India and currently undertake 12 O&M service contracts with the Indian Railways. Their solutions can be used for many purposes like Household Bio-toilets, Mobile Bio-toilets, School Bio-toilet Blocks, Bio-toilets at worksites and Bio-digester Tanks for various user groups.

Banka Bioloo LTD SME IPO Issue Details

Company Promoters:

Namita Banka is the promoter of the company.

Objects of Banka BioLoo Limited - SME IPO Issue:

1. Finance capital expenditures at existing Inoculum unit at Aler;
2. Finance capital expenditures at proposed new unit at Ibrahimpatnam
3. Finance working capital requirements
4. General corporate purposes
5. Issue related expenses

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