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Steel Exchange India Limited

Private sector steel producer with integrated plant for manufacturing TMT rebars and captive power generation.

1999 Andhra Pradesh, Andhra Pradesh (India) Active

About

Basic Data Updated:

4 years ago

Steel Exchange India Limited, according to its credit rating report, is known for producing TMT Rebars in the private sector in the state of Andhra Pradesh. The company has an integrated steel plant (ISP) that is responsible for manufacturing steel rebars. This plant includes a sponge iron unit with a capacity of 2,20,000 TPA, a billet unit with a capacity of 2,50,000 TPA, and a rolling mill with a capacity of 2,25,000 TPA. These facilities are strategically located near the railway line and Vishakhapatnam port, which is approximately 50 km away. Additionally, SEIL is a publicly listed company on both the BSE and NSE. The company also boasts a 60MW Captive Power Plant, with 16MW generated from Waste Heat Recovery of DRI Kilns and the remaining through a Coal Based CFBC Boiler. This power plant caters to the in-house power requirements of the current facilities and is also equipped to meet the future expansion needs of the company. SEIL was established in 1999 and has its registered office situated in Andhra Pradesh.

Industry

Company Details

  • Location
    Andhra Pradesh, Andhra Pradesh
  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNL74100AP1999PLC031191
Company No.031191
Stock Symbol BSE : 534748 NSE : STEELXIND
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date24 Feb 1999
Date of AGM30 Sep 2019
Date of Balance Sheet31 Mar 2019
Listing StatusListed
ROC CodeRoc-Vijayawada

Products or Services related to Steel Exchange India Limited

Sponge Iron

Iron Ore

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Steel Exchange India Limited offers a wide range of products and services, including: Minerals and Ores, Iron Ore.

Financials of Steel Exchange India Limited

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Steel Exchange India Limited, for the financial year ended 2019, experienced modest growth in revenue, with a 9.55% increase. The company also saw a substantial improvement in profitability, with a 78.44% increase in profit. The company's net worth observed a substantial decline by a decrease of 28.72%.

Corporate Structure

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Unlock access to Steel Exchange India's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Steel Exchange India Limited

Executive Team (3)

  • satish_kumar_bandi_427925.png
    Satish Bandi In Managing Director

    Appointment Date: 01-Oct-2007

    Status: Current

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    Mannem Babu In Company Secretary

    Appointment Date: 31-Dec-2017

    Status: Current

  • BK

    Bandi Kumar In Chief Financial Officer

    Appointment Date: 14-Dec-2017

    Status: Current

Board Members(9)

Charges (Loans)

Open Charges Satisfied Charges

₹2,897.30 cr

₹899.13 cr

LenderAmountStatus

Canara Bank

Creation Date: 20 Apr 2016
₹10.00 CrOpen

Lakshmi Vilas Bank Limited

Creation Date: 24 Mar 2016
₹10.00 CrOpen

State Bank Of India

Creation Date: 09 Dec 2014
₹100.00 CrOpen

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Steel Exchange India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Steel Exchange India's trajectory.

Rating

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Alert

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Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Annual General Meeting

    Steel Exchange India Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019
  • Activity

    Balance Sheet

    Steel Exchange India Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with RoC-Vijayawada.

    31 Mar 2019
  • Activity

    Charges

    A charge registered on 29 Jan 2015 via Charge ID 10545580 with Ifci Venture Capital Funds Limited was fully satisfied on 19 Jul 2018.

    19 Jul 2018
  • Activity

    Charges

    A charge registered on 04 Jul 2014 via Charge ID 10514254 with Venus India Asset-Finance Private Limited was fully satisfied on 24 Apr 2018.

    24 Apr 2018
  • Activity

    Charges

    A charge registered on 23 Sep 2015 via Charge ID 10597402 with State Bank Of India was fully satisfied on 19 Dec 2016.

    19 Dec 2016

Recent News, Updates & Announcement

Frequently asked questions

What is the Incorporation or founding date of Steel Exchange India Limited?

Steel Exchange India Limited was incorporated 25 years 2 months ago on 24 Feb 1999 with Registrar of Companies RoC-Vijayawada.

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