KIOCL LtdNSE KIOCL Stock Report

KIOCL Ltd. is a steel producer, which engages in the provision of iron ore mining, filtration technology, and production. The company is headquartered in Bangalore, Karnataka and currently employs 654 full-time employees. The company went IPO on 2016-11-29. The firm is primarily engaged in the business of iron ore mining, beneficiation and production of high-quality Pellets. The firm has diversified into operation and maintenance (O&M) services and mineral exploration pertaining to its various core areas of expertise. Its products include iron ore pellet and pig iron castings. Its services are engaged in O and M Projects, which are followed by O&M of Beneficiation and Pellet Plant at Donimalai, O&M of Chrome Ore Beneficiation Plant (COB) at Kaliapani and Mineral Exploration Works. The Company’s pellets have been used in blast furnaces of steel mills in Australia, China, Japan, Taiwan, Turkey and a host of other countries. Its pellets have also been used in steel plants of Hungary, Yugoslavia, United States of America, West Germany, Poland, Czechoslovakia, Indonesia and in some of the direct reduction plants in India.