Balasore Alloys is a company primarily engaged in the extraction of chrome ore from its captive mines located in Odisha and the manufacturing and selling of Ferro Chromes of various grades. Belonging to the Ispat - Mittal Pramod K business group, the company operates in the Ferro Alloys industry within the Mining & Mineral products sector. The company was incorporated on May 31, 1984.
| Balasore Alloys Outstanding Shares: | 9,33,25,411 |
| Face Value of Balasore Alloys Suspended Share: | Rs. 5 Per Equity Share |
| ISIN of Balasore Alloys Suspended Share: | INE135A01024 |
| Lot Size of Balasore Alloys Suspended Share: | 100 Shares |
| Balasore Alloys Share Price: | Best in Industry |
| PAN Number of Balasore Alloys: | AAACI3967P |
| GST Number of Balasore Alloys: | 21AAACI3967P1Z9 |
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CIN Number of Balasore Alloys |
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Registration Date of Balasore Alloys |
31 May 1984 |
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Category / Sub-Category of Balasore Alloys |
Company limited by Shares/ Non-govt company |
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Balasore Alloys Registered Office Address |
Balgopalpur – 756020 Dist. Balasore, Odisha, India |
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Balasore Alloys Registrar and transfer agent |
MCS Share Transfer Agent Limited Unit: Balasore Alloys Ltd. 383 Lake Gardens, 1st Floor Kolkata - 700 045, India. Tel No. +91-33-4072 4051/4052/4053 |
Mr. Akula Nagendra Kumar, Managing Director
Mr. Saivenkat Chitisureshbabu Chigurupali, Executive Director
Mr. Rajib Das, Non-Executive Director
Mr. Ramen Ray Mandal, Independent Director
Mr. Paramesh Bhattacharya, Independent Director
Mr. Pravakar Mohanty, Independent Director
Ms. Shweta Jain, Independent Director
Mr. K.C.Raut, Nominee Director – SBI
FAQ's on Balasore Alloys
Q: What is the face
value of Balasore Alloys Ltd shares?
Answer:
The face value of Balasore Alloys Ltd is ₹5
per equity share.
Q: What is the
minimum lot size for buying Balasore Alloys shares through WWIPL?
Answer:
The minimum lot size for Balasore Alloys shares is 100 equity shares.
Q: How can I buy
Balasore Alloys unlisted shares through WWIPL?
Answer:
Investors can complete KYC, confirm the transaction details with WWIPL,
transfer funds, and receive the shares directly in their Demat account.
Q: Why should I buy
Balasore Alloys shares through WWIPL?
Answer:
WWIPL offers transparent pricing, secure transactions, seamless Demat
transfers, and end-to-end support for investing in unlisted shares.
Q: Is investing in
Balasore Alloys Ltd a good idea?
Answer:
Investors generally evaluate Balasore Alloys based on its chrome ore reserves,
ferrochrome manufacturing business, financial performance, export potential,
and long-term demand from the stainless steel industry.
Q: Why do investors
buy Balasore Alloys shares?
Answer:
Investors seek exposure to India's ferro alloys industry and evaluate the
company for its integrated mining operations, captive chrome ore resources, and
potential turnaround opportunities.
Q: What business
does Balasore Alloys Ltd operate in?
Answer:
Balasore Alloys is engaged in mining chrome ore from captive mines in Odisha and
manufacturing ferrochrome of various grades used primarily in stainless steel
production.
Q: What makes
Balasore Alloys different from other alloy manufacturers?
Answer:
The company benefits from captive chrome ore mines, which provide raw material
security and support integrated ferrochrome production.
Q: What are the key
growth drivers for Balasore Alloys Ltd?
Answer:
Rising stainless steel demand, ferrochrome prices, mining output, export
demand, capacity utilization, and operational efficiency are key growth
drivers.
Q: What factors
affect the valuation of Balasore Alloys shares?
Answer:
Chrome ore prices, ferrochrome demand, production volumes, operating margins,
export performance, profitability, and mining operations significantly
influence valuation.
Q: Are Balasore
Alloys shares available in Demat form?
Answer:
Yes. Shares purchased through WWIPL are transferred directly to the investor's
Demat account.
Q: Can I sell my
Balasore Alloys shares through WWIPL?
Answer:
Yes. WWIPL facilitates both buying and selling of unlisted shares, subject to
market demand and availability.
Q: What documents
are required to buy Balasore Alloys shares through WWIPL?
Answer:
Investors generally need PAN, Aadhaar, Client Master Report CMR, and bank
account details to complete the transaction.
Q: What are the
risks of investing in Balasore Alloys shares?
Answer:
Investors should consider commodity price volatility, mining and regulatory
risks, fluctuations in stainless steel demand, export market conditions, and
liquidity constraints associated with unlisted shares.
Q: How does WWIPL
help investors track Balasore Alloys investments?
Answer:
WWIPL provides company updates, transaction assistance, market insights, and
ongoing investment support to help investors stay informed.
Q: How long does it
take for Balasore Alloys shares purchased through WWIPL to be credited to a
Demat account?
Answer:
Shares are generally transferred to the investor's Demat account after
successful completion and verification of the transaction.
Q: What should
investors evaluate before investing in Balasore Alloys Ltd?
Answer:
Investors should assess the company's mining assets, ferrochrome production
capacity, financial performance, profitability, valuation, and long-term
industry outlook.
Q: Can Balasore
Alloys benefit from the growth of the stainless steel industry?
Answer:
Yes. Increasing global demand for stainless steel and ferrochrome, along with
efficient mining operations, may create long-term growth opportunities for the
company.
