Binaca Synthetic Resins, formerly known as Baroda Synthetic Resins, was incorporated on April 23, 1993. It got its present name in 1993 and went public in January 1994.
The company was promoted by Shekhar Jain and Sandeep Mittal.
Binaca Synthetic Resins is engaged in manufacturing of all types of resins with an installed capacity of 6000 tpa and uses developed technology. Synthetic resins are industrial raw materials used by the paint, printing ink and tyre industries.