ESL Steel Limited Formerly known as Electrosteel Steels Limited is a fully integrated iron and steel manufacturing unit.
It is a public limited company in India having its registered office at, Siyaljori, P.O. Jogidih, O.P. Bangaria, P.S. Chandankyari, Bokaro, Jharkhand and is engaged in the manufacture and supply of Billets, TMT Bars, Wire Rods and Ductile Iron(DI) Pipes and also deals in Pig Iron and Iron and Steel Scrap products generated while manufacturing these products.
ESL Steel share are available on unlisted market . Electrosteel share price used to change regularly. ESL Steel share price keeps fluctuating on daily basis.
It also produces Metallurgical Coke, Sinter and Power for captive consumption. The Company caters to the needs of construction, automobile, industrial machinery and equipments and water Infrastructure development. The company planning its expansion and has plans to double its existing capacity.
The Holding Company of ESL Steel Ltd is Vedanta Limited (VEDL).
| ESL Steel Outstanding Shares: | 1,849,030,224 |
| Face Value of ESL Steel Unlisted Share: | Rs. 10 Per Equity Share |
| ISIN of ESL Steel Unlisted Share: | INE481K01021 |
| Lot Size of ESL Steel Unlisted Share: | 100 Shares |
| Electrosteel share price: | Best in Industry |
| PAN Number of ESL Steel: | AABCE6875H |
| Date of Delisting of ESL Steel: | 20-Dec-18 |
| Rate of Delisting of ESL Steel: | Rs. 31.11 |
| Reason of Delisting of ESL Steel: | Under section 31 of the Insolvency and Bankruptcy Code 2016 read with sub-regulation (3)(a) of regulation 3 of SEBI delisting Reg 2009 |
ESL Steel CIN Number |
U27310JH2006PLC012663 |
|
ESL Steel Registration Date |
20-Dec-2006 |
|
Category / Sub-Category of ESL Steel |
Company Limited by Shares |
|
ESL Steel Registered Office Address |
ESL Steel Limited, Vill. Siyaljori, Post - Jogidih, O.P. - Bangaria, P.S. - Chandankyari, Bokaro - 828303, Jharkhand |
|
ESL Steel Registrar & Transfer Agent Address and Contact Details |
Kfin Technologies Limited, Selenium, Tower B, Plot No- 31 & 32, Financial District, Nanakramguda, Serilingampally Hyderabad Tel. :+ 91-40-67162222 |
|
Mr. Mahendra Singh Mehta, Non-Executive Independent Director
Mr. Prasun Kumar Mukherjee, Non-Executive Independent Director
Mr. Navnath Laxman Vhatte, Chief Executive Officer & Whole Time Director
Ms. Poovannan Sumathi, Non-Executive Director
|
Name of the Company |
Holding/Subsidiary /Associate |
% of Shares Held |
|
Vedanta Limited (VEDL) |
Holding |
95.49% |
|
S. No. |
Shareholders’ Name |
Number of shares |
% of total Shares of the company |
|
1 |
Vedanta Limited (Promoter) |
1,76,55,53,040 |
95.49% |
|
2 |
Public Shareholding |
8,34,77,184 |
4.51% |
|
|
Total |
1,84,90,30,224 |
100.00% |
In the past 10–12 years, India's steel sector has expanded significantly. Production has increased by 75% since 2008, while domestic steel demand has increased by almost 80%.
In FY22, the production of crude steel and finished steel stood at 133.596 MT and 120.01 MT, respectively. The consumption of finished steel stood at 105.751 MT in FY22. In April 2022, India's finished steel consumption stood at 9.072 MT. In April-July 2022, the production of crude steel and finished steel stood at 40.95 MT and 38.55 MT respectively.
In FY22, exports and imports of finished steel stood at 13.49 MT and 4.67 MT, respectively. In FY22, India's export rose by 25.1% YoY, compared with 2021. In FY21, India exported 9.49 MT of finished steel. In July 2022 exports of finished steel stood at 3.80 lakh MT.
The annual production of steel is anticipated to exceed 300 million tonnes by 2030–2031. By 2030–31, crude steel production is projected to reach 255 million tonnes at 85% capacity utilisation achieving 230 million tonnes of finished steel production, assuming a 10% yield loss or a 90% conversion ratio for the conversion of raw steel to finished steel. With net exports of 24 million tonnes, consumption is expected to reach 206 million tonnes by the years 2030–1931. As a result, it is anticipated that per-person steel consumption will grow to 160 kg.
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