OCL Iron And Steel Suspended Share Price

OCL Iron And Steel Limited Unlisted Shares - Company Overview

OCL Iron & Steel Limited [OISL] was established in the year 2001-02 as coal based Direct Reduced Iron [DRI] production unit at Rajgangpur, District Sundergarh, Orissa. It is strategically located in the Iron Ore and Coal rich belt of Eastern India with Govt allocated Iron Ore and Coal Blocks in proximity.
OISL further forayed in to steel making by setting–up Steel Melt Shop (SMS) and billet casting facilities.Through the Memorandum of Understanding [MoU] dated 27th Nov 2004 with Orissa state Govt., OISL has affirmed their commitment to establish an integrated steel plant of capacity 0.25 MTPA.OCL Iron & steel Ltd (OISL) has taken initiative in expansion of the plant by setting-up additional DRI Kilns, Coal Washery, Power Plant, Steel Melt Shop, Rolling Mills and associated Raw Material Handling System, Utility & Electricals. Connectivity to the state grid was established for the export of excess power generated in the plant.
The company has been provisionally allocated mines or iron ore at Kundaposi near Barbil and Coal at Radihkapur near Talcher. This makes OISL self sufficient in terms of its raw materials.OISL has further plans to develop mines and go for Iron Ore Benefication and Pellet Plant at the pit head.

OCL Iron And Steel Limited Share Price, Share Details as of March 31, 2019

OCL Iron And Steel Limited Incorporation Details

OCL Iron And Steel Limited Board of Directors

OCL Iron And Steel Ltd Principal Business Activities

OCL Iron And Steel Limited Particulars of Holding, Subsidiaries, & Associate Companies

OCL Iron And Steel Limited Shareholding Pattern (As of 31-03-2023)

Particulars	No. Of Shares	% of Shares Held
Promoter	91737232	68.39
Public Shareholding	42405928	31.61
Total	134143160	100

FAQs on OCL Iron & Steel Ltd 

Q: What is the face value of OCL Iron & Steel Ltd shares?
Answer: The face value of OCL Iron & Steel Ltd is ₹1 per equity share.

Q: What is the minimum lot size for buying OCL Iron & Steel shares through WWIPL?
Answer: The minimum lot size is typically 100 shares, depending on availability in the unlisted market.

Q: How can I buy OCL Iron & Steel unlisted shares through WWIPL?
Answer: Investors complete KYC, confirm trade details with WWIPL, transfer funds, and receive shares directly in their Demat account after settlement.

Q: Why should I buy OCL Iron & Steel shares through WWIPL?
Answer: WWIPL provides access to unlisted shares with assisted execution, transparent pricing, secure settlement, and Demat transfer support.

Q: Is investing in OCL Iron & Steel Ltd a good idea?
Answer: OCL Iron & Steel is a distressed integrated steel producer with historically weak profitability, high debt stress, and volatile operations, making it a high-risk turnaround / speculative industrial exposure rather than a stable investment.

Q: Why do investors buy OCL Iron & Steel shares before a potential turnaround or listing?
Answer: Investors typically speculate on asset value, capacity revival, steel cycle upturn, and restructuring outcomes, rather than steady earnings.

Q: What business does OCL Iron & Steel Ltd operate in?
Answer: The company operates as an integrated steel producer, manufacturing direct reduced iron (DRI), steel billets, and related steel products, with facilities including steel melting and casting operations.

Q: What makes OCL Iron & Steel different from other unlisted companies?
Answer: It is a capital-intensive, heavily leveraged steel manufacturing company where valuation is driven more by cycle recovery and restructuring expectations than consistent profitability.

Q: What are the key growth drivers for OCL Iron & Steel Ltd?
Answer: Potential drivers include steel price cycles, capacity utilization improvement, debt restructuring, and operational efficiency recovery.

Q: What factors affect the valuation of OCL Iron & Steel shares?
Answer: Valuation depends on leverage levels, steel cycle pricing, asset base, operating margins, and liquidity in the unlisted/suspended market.

Q: Are OCL Iron & Steel shares available in Demat form?
Answer: Yes. Shares are held in dematerialized form (NSDL/CDSL) and can be transferred between Demat accounts.

Q: Can I sell my OCL Iron & Steel shares through WWIPL?
Answer: Yes, but liquidity is limited and dependent on buyer availability in the unlisted market.

Q: What documents are required to buy OCL Iron & Steel shares through WWIPL?
Answer: PAN, Aadhaar, Client Master Report (CMR), and bank details are typically required.

Q: What are the risks of investing in OCL Iron & Steel shares?
Answer: Key risks include high debt burden, cyclical steel pricing, weak financial stability, and low liquidity in unlisted markets.

Q: How long does it take for OCL Iron & Steel shares to be credited to a Demat account?
Answer: Credit typically occurs after trade settlement and counterparty confirmation, depending on liquidity.

Q: What should investors evaluate before investing in OCL Iron & Steel Ltd?
Answer: Investors should assess debt position, capacity utilization, steel price cycle outlook, restructuring progress, and cash flow stability.

Q: Can OCL Iron & Steel benefit from steel sector growth?
Answer: Yes, but only if it successfully manages debt and improves operational efficiency, as cyclical tailwinds alone are insufficient in a stressed balance sheet structure.