Shree Sponge Steel & Casting Ltd. (An ISO 9001 accredited Company) was incorporated in 1992 to manufacture and supply high quality castings to specialized sectors in industry. The plant is strategically located in Western India at the POR GIDC Region, Vadodara. We have more than 23 years of experience in production of various types of castings for industries like Mining, Pumps, Valves, Turbines, and Pipe fittings. We adhere to the most stringent Indian as well as International Standards, ensuring high levels of product and service quality. We are acknowledged for our efficiency and performance by our discerning customers. We attain this level of excellence by deploying expert technical manpower as well as updated technology to meet and exceed the expectations of all our buyers. The entire process of manufacture follows stringent quality control norms that ensure excellence in all activities.
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Shree sponge steel and casting Outstanding Shares: |
42,38,000 |
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Face Value of Placid Share: |
Rs. 10 Per Equity Share |
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ISIN of Shree sponge steel and casting Share: |
INE199F01011 |
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Lot Size of Placid Share: |
100 |
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Placid Share Price: |
Best In Industry |
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PAN Number of Placid : |
AACCS5498K |
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GST Number of Placid : |
24AACCS5498K1ZV |
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Shree sponge steel and casting CIN Number |
U27100GJ1991PLC016203 |
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Shree sponge steel and casting Registration Date |
03-Sep-91 |
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Category / Sub-Category of Shree sponge steel and casting |
Public Companies having a share capital |
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Shree sponge steel and casting Registered Office Address |
6/1/1, GIDC, Por-Ramangamdi, National Highway No 8 Baroda Vadodara GJ 391243 IN |
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Shree sponge steel and casting Registrar & Transfer Agent Address & Contact Details |
- |
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Director |
Post |
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Mr. Devesh Amubhai Pathak |
Director |
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Mr. Vinaykumar Putrushottamdas Parikh |
Managing Director |
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Mr. Hasmukhlal Vithaldas Shah |
Director |
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Mr. Hrishit Vinay Parikh |
Wholetime Director |
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S. No. |
Name and Description of main products/services |
NIC Code of the product/service |
% to total turnover of the Company |
|
1 |
Manufacturing and Marketing of Steel andAlloys Steel Casting |
24319 |
51% |
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2 |
Trading of Metal Scrap |
46699 |
49% |
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S. No. |
Name of the Company |
Holding/Subsidiary/Associate |
% of Shares Held As on 2022 |
|
1 |
NA |
NA |
NA |
Particulars | No. Of Shares | % of Shares Held |
Promoter | 2182915 | 51.51% |
Public Shareholding | 2055085 | 48.49% |
Total | 4238000 | 100% |
FAQs on Shree Sponge Steel & Rolling Mills Ltd
Q: What is the face value of Shree Sponge Steel & Rolling Mills Ltd shares?
Answer: The face value of Shree Sponge Steel & Rolling Mills Ltd is ₹10 per equity share.
Q: What is the minimum lot size for buying Shree Sponge Steel & Rolling Mills shares through WWIPL?
Answer: The minimum lot size for Shree Sponge Steel & Rolling Mills shares is 100 equity shares.
Q: How can I buy Shree Sponge Steel & Rolling Mills unlisted shares through WWIPL?
Answer: Investors can complete the KYC process, confirm the transaction details with WWIPL, transfer funds, and receive shares directly in their Demat account.
Q: Why should I buy Shree Sponge Steel & Rolling Mills shares through WWIPL?
Answer: WWIPL offers transparent pricing, secure transactions, seamless Demat transfers, and dedicated support throughout the investment process.
Q: Is investing in Shree Sponge Steel & Rolling Mills Ltd a good idea?
Answer: Investors often evaluate Shree Sponge Steel & Rolling Mills based on its manufacturing operations, financial performance, valuation, and long-term growth potential in the steel industry.
Q: Why do investors buy Shree Sponge Steel & Rolling Mills shares before a potential IPO?
Answer: Investors seek early exposure to an unlisted steel manufacturer with the expectation of long-term value creation and potential liquidity through a future listing.
Q: What business does Shree Sponge Steel & Rolling Mills Ltd operate in?
Answer: According to WWIPL, Shree Sponge Steel & Rolling Mills operates in the Steel & Metal Manufacturing sector and is engaged in the production of sponge iron, steel products, and rolling mill operations.
Q: Who founded Shree Sponge Steel & Rolling Mills Ltd?
Answer: Shree Sponge Steel & Rolling Mills Ltd was incorporated as a public limited company and operates in the steel manufacturing industry.
Q: What makes Shree Sponge Steel & Rolling Mills different from other unlisted steel companies?
Answer: The company has an integrated manufacturing model with operations in sponge iron production and steel rolling, enabling it to participate across multiple stages of the steel value chain.
Q: What are the key growth drivers for Shree Sponge Steel & Rolling Mills Ltd?
Answer: Infrastructure development, rising steel demand, capacity utilization, operational efficiency, government spending on construction, and industrial growth are key growth drivers.
Q: What factors affect the valuation of Shree Sponge Steel & Rolling Mills shares?
Answer: Production volumes, steel prices, raw material costs, profitability, operating margins, market demand for unlisted shares, and future listing prospects are important valuation drivers.
Q: Are Shree Sponge Steel & Rolling Mills 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 Shree Sponge Steel & Rolling Mills shares through WWIPL?
Answer: Yes. WWIPL facilitates both buying and selling of unlisted shares, subject to market demand and share availability.
Q: What documents are required to buy Shree Sponge Steel & Rolling Mills 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 Shree Sponge Steel & Rolling Mills shares?
Answer: Investors should consider fluctuations in steel prices, raw material costs, cyclical demand, execution risks, environmental regulations, and liquidity constraints associated with unlisted shares.
Q: How does WWIPL help investors track Shree Sponge Steel & Rolling Mills investments?
Answer: WWIPL provides company updates, transaction assistance, market information, and investment insights to help investors stay informed.
Q: How long does it take for Shree Sponge Steel & Rolling Mills 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 Shree Sponge Steel & Rolling Mills Ltd?
Answer: Investors should assess the company's production capacity, financial performance, raw material sourcing, profitability, valuation, and long-term growth prospects.
Q: Can Shree Sponge Steel & Rolling Mills benefit from India's infrastructure and manufacturing growth?
Answer: Yes. Rising infrastructure investment, increasing steel consumption, government manufacturing initiatives, and industrial expansion may create significant long-term growth opportunities for the company.
