Oswal Minerals Limited is a leading body corporate of "Oswal Group". The Oswal Group is a leading trading house dealing in various low and high-carbon ferroalloys, nitrogen-bearing ferroalloys, stainless steel scraps, virgin metals, super alloy scraps, inoculants, rare earth metals, minerals, ferrous and non-ferrous metal scraps, allied products, and refractories.
Oswal Minerals Limited is based in Bengaluru, India. The Company is engaged in the business of "import, export, sale, trade of all kinds of ferroalloys ferrous and non-ferrous metals, nitrogen-bearing ferroalloys, etc.". The company caters to the complete need of the Ferro Alloy Industry spread globally. Oswal Minerals Limited’s customer bases are in Europe, the USA, Africa, the Middle East, and Far East Asia.
Oswal Mineral Limited has a presence in pan India with the best warehousing facility and an insight into the various aspects of Ferro& Non-Ferro Alloys, Metals & Minerals which has made it one of the most recognized names in the Industry. The branches and warehouses facilities of Oswal Minerals Limited are located in Hyderabad (Telangana), Visakhapatnam (Andhra Pradesh), Coimbatore (Tamil Nadu), Kolhapur (Maharashtra), Kolkata (West Bengal), Bhiwandi (Maharashtra), Faridabad (Haryana), Ludhiana (Punjab), Hospet (Karnataka), Rajkot and Ahmedabad (Gujarat).
The equity shares of Oswal Minerals Limited are listed on the Metropolitan Stock Exchange of India Limited.
| Oswal Minerals Outstanding Share: | 75,50,400 |
| Face Value of Oswal Minerals Unquoted Share: | Rs. 10 Per Equity Share |
| ISIN of Oswal Minerals Unquoted Share: | INE469B01017 |
| Lot Size of Oswal Minerals Unquoted Share: | 100 Shares |
| Oswal Minerals Share Price: | Best in Industry |
| PAN Number of Oswal Minerals: | AACCM6499G |
|
CIN of Oswal Minerals |
L30006TN1996PLC035973 |
|
Registration Date of Oswal Minerals |
4 July 1996 |
|
Category/Sub-category of Oswal Minerals |
Company Limited by Shares |
|
Oswal Minerals Registered office and contact details |
“Oswal’s”, 1034, 2nd Floor, Dr. Rajkumar Road, 4th Block, Rajajinagar, Bengaluru – 560010 Ph: 080-43090000 |
|
Oswal Minerals Registrar and Transfer Agent |
Cameo Corporate Services Limited #1, Subramanian Building, Club House Road, Mount Road, Chennai – 600002 Ph: (044) 28460390 |
|
Name and Description of main products/services |
NIC Code of the product/service |
% to total turnover of the Company |
|
Manganese Ore |
4662 |
41.13% |
Sripal Kumar Mohanlal (Managing Director)
Mohanlal Bharath Kumar Jain (Whole-time Director)
Subhash Chand Mohanlal (Director & CFO)
Seema Jain (Non-Executive Director)
Saritha Devi (Non-Executive Director)
Sapna Jain (Non-Executive Director)
Manish Kumar Jain (Independent Director)
Bhagchand Ghisulal Jain (Independent Director)
Dinesh Kumar (Independent Director)
Oswal Minerals Limited does not have any subsidiary or associate company.
|
S. No. |
Shareholders’ Name |
Number of shares |
% of total Shares of the company |
|
1 |
Mohanlal Subhash Jain (Promoter) |
15,82,800 |
20.96% |
|
2 |
Hirachand Mohanlal (Promoter) |
9,99,400 |
13.24% |
|
3 |
Sripal Kumar Jain |
9,88,960 |
13.09% |
|
4 |
Other Promoters |
19,85,832 |
26.31% |
|
5 |
Public Shareholding |
19,93,408 |
26.40% |
|
|
Total |
75,50,400 |
100.00% |
Ferro Chrome is an important input in the production of stainless steel as it disseminates the unique non-corrosive property and adds strength and luster. During the Cumulative Year 2019, global ferrochrome output rose by 3% to touch a total of 14.73 million tonnes and China registered a growth of 13% to take the top position. In fact, around 50% of the world’s ferrochrome is now produced in China which is remarkable given that it is entirely dependent on imported chrome ore. South Africa’s decline as a ferrochrome producer continued and production in India was muted.
The demand for ferrochrome is directly linked to the stainless steel industry and has been on an increasing trend given the focus on infrastructure development. Even though imports of stainless steel have also increased in this period, it is expected that the ‘Make in India’ policy adopted by the Government will encourage more domestic production and value addition.
The steel sector contributes over 2% to the GDP of India. Finished steel consumption in India was 66.461 Million Tonnes from April 2019 to November 2019. The automotive industry accounts for around 10% of the demand for steel in India. With increasing capacity addition in the automotive industry, demand for steel from the sector is expected to be robust.
Ferro Chrome prices in the country have firmed up by nearly 46% in the last 2 months of CY 2020 because of reduced raw material supply and anticipation of a pick-up in demand from the stainless steel industry. Production of Chrome ore, which goes into making ferrochrome was impacted due to the COVID lockdown which consequently pushed up the prices of ferrochrome. With the stainless steel industry gradually ramping up production in anticipation of a pick-up in demand, the demand for ferrochrome is likely to increase. In such a scenario, less Ferrochrome ore output is likely to push up prices in the near term.
