Steel Exchange India LtdBOM 534748 Stock Report

Steel Exchange India Ltd. is engaged in the manufacturing and sale of iron and steel products and generation and sale of power. The company is headquartered in Vishakhapatnam, Andhra Pradesh and currently employs 995 full-time employees. The company went IPO on 2017-07-20. The firm operates through two segments: Steel and Power. The Steel segment includes production and marketing operations of sponge iron and billets and rebars (TMT). The power segment includes generation and marketing operations of thermal and gas based power. The Company’s products include TMT bars, Sponge Iron, Billets, Rebars, and Coal Power. Its Sponge Iron products include Lump, Fines, and Briquettes. The firm provides various manufacturing facilities, which includes sponge iron unit, billet/steel melting shop, rolling mill, and captive thermal power plant. Its integrated steel manufacturing hub consists of approximately 0.5 million ton sponge iron unit, approximately 0.3 million ton billet unit and 220,00 tons per annum rolling mill. The firm has a captive power plant with a capacity of approximately 60 megawatts.