(i) Electrosteel Steels Ltd has set up 2.51 Million Ton Per Annum (MTPA) Greenfield Integrated Steel Plant near Siyaljori village, in the Bokaro district of Jharkhand. 033 7103 4400 / 2283 – 9990 Fax. 10 each of Electrosteel Steels Limited (The Company or The Issuer) for cash at a price of Rs. SYSTEM CERTIFICATE. Contact Supplier Request a quote. Vedanta successfully bid for the bankrupt Electrosteel Steels Ltd in April this year, making it one of the first resolutions under India’s new Insolvency and Bankruptcy Code. IPO Synopsis . Electrosteel Steels Limited is a Public incorporated on 20 December 2006. 5,320-crore resolution plan from Vedanta Ltd for the company. Sector Metals & Mining. The companies, with a combined debt of Rs 1.6 lakh crore, include Essar Steel, Bhushan Steel, Bhushan Power & Steel, Monnet Ispat, Alok Industries and Electrosteel Steels… Under the terms of the its resolution plan for Electrosteel Steels, Vedanta would be acquiring a 90% stake in the company. That’s the bad news. DI Pipes Fittings & Special Other Products. Electrosteel Steels Limited. The Company’s shares were listed on the National Stock Exchange of India Limited and BSE Limited till October 29, 2018. Home IPO Listing closed-issues Electrosteel Steels Ltd IPO. POST APPLIED FOR: 2. Check out why Electrosteel Steels Ltd. share price is today. The Company is engaged in the business of manufacturing Ductile Iron (DI) Pipes, Ductile Iron Fittings (DIF) and Cast Iron (CI) Pipes. ISO 9001:2015. ECL has obtained mining blocks of iron ore and coking coal in the state of Jharkhand and has set up EIL for implementing the integrated steel and DI pipe plant. Kumar Plywood Store Verified Supplier. Shares of Srikalahasthi Pipes (SPL) and Electrosteel Castings (ECL) tanked up to 18 per cent on the BSE in the intra-day trade on Tuesday after their respective boards on Monday approved a draft scheme of amalgamation for the merger. The Company is the first to set up a Ductile Iron Pipe Plant in India. KOLKATA: Electrosteel Steels is set to become the first in an initial list of big defaulters to emerge from bankruptcy proceedings, with the National Company Law Tribunal’s Kolkata bench approving a Rs. Pursuant to Regulation 30 and other applicable Regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), please be informed that the Members of the Company, at their 65th Annual General Meeting held on 15 September, 2020, have, inter-alia: 1. However, Kolkata-based steel maker owns and operates a greenfield integrated steel manufacturing facility near Bokaro, Jharkhand, India, which has a current capacity of 1.5 million tonnes per annum (mtpa) and the potential to increase to 2.5 mtpa. closed-issues. Prospectus. It primarily consists of a Sinter Plant, Coke Oven, Blast Furnace, Basic Oxygen Furnace, Billet Caster, Wire Rod Mill, Bar Mill, and Power Plant. DI Pipes and Fittings. IPO Issues Open Now. Electrosteel Steels Ltd. share price live updates on The Economic Times. Know more. It provides techno-economic solutions for water supply and sewerage systems. NAME (In block letter) : 3. "The equivalent per share exit price post completion of Transaction Steps is INR 9.54 per equity share," the company said in a BSE filing. Public issue of 225,516,188 equity shares of Rs. Call +91-9435041261. ADDRESS: Present: Phone No. Signup Now! Kamrup Flat F-3, House No.11, House Of Jn Sarm, Udaychal Path, Christian Basti, Behind Christian Basti Petr, Udaychal Path, Guwahati - 781005, Dist. For further details, please refer to the section titled … 2289 – 4340 Part -A PERSONAL RESUME 1. More Manufacturers and Suppliers of Electrosteel TMT Bars . A pioneer in the manufacture of Alloy Steel Castings in India. Today the Company is India's leading pipeline solution provider. FEATURED FUNDS ★★★★ ★ SBI … The IPO opens on Sep 21, 2010, and closes on Sep 24, 2010.. KFintech Private Limited is the registrar for the IPO. SPL shareholders will receive 59 equity shares of ECL for every 10 equity shares held in the company. You are Here : Moneycontrol Markets IPO Electrosteel Steels. The rating is driven by strong support expected from ESL's ultimate parent, Vedanta Ltd (Vedanta; rated 'CRISIL AA/Stable/CRISIL A1+') and improvement in operational performance in fiscal 2019, after its acquisition. Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 This is further to our letter dated 7 June 2018. Get latest Electrosteel St News/Updates and Results/Analysis. Electrosteel Steels on Tuesday said that Vedanta Star will make a "delisting offer" after the competition of transaction steps. The name of our Company was changed to "Electrosteel Steels Limited" on May 5,2010. The minimum order quantity is 600 Shares. Electrosteel Steels. Time of Commencement of Meeting: 1130 Hours Time of Conclusion of … The issue is priced at ₹10 to ₹11 per equity share. This paves the way for the acquisition of Electrosteel Steels by the local unit of London-listed Vedanta Resources, the … Benchmarks . Please be informed that Electrosteel Steels Limited (ESL) had vide letter dated 14 June 2018 intimated the exchange the capital reduction and consolidation of the share capital of ESL. Electrosteel Steels Ltd IPO IPO Synopsis. Electrosteel Castings Limited (ECL) is a pioneer in the production of Ductile Iron Pipes in India, with a strong presence in over 70 countries across the globe. Electrosteel Steels Ltd has set up 2.51 Million Ton Per Annum (MTPA) Greenfield Integrated Steel Plant near Siyaljori village, in the Bokaro district of Jharkhand. Don’t have an account? Nifty 14,132.90 114.4. Our Parent Company, Electrosteel Castings Ltd, was founded over 5 decades ago in India under the name of Daima Iron and Steel Ltd. Do you like to find about Top Level of Executives and Decision makers of companies like Electrosteel Steels. 18,490,302,500. ELECTROSTEEL STEELS LIMITED Share Price Today, Live NSE Stock Price: Get the latest ELECTROSTEEL STEELS LIMITED news, company updates, quotes, offers, annual financial reports, graph, volumes, 52 week high low, buy sell tips, balance sheet, historical charts, market performance, capitalisation, dividends, volume, profit and loss account, research, results and more details at NSE India. NSE Gainer-Large Cap . Mr. Katial was CEO of Electrosteel Steels Limited from July 2016 to October 2018. Kamrup, Assam. Electrosteel IPO is a main-board IPO of 225,516,188 equity shares of the face value of ₹10 aggregating up to ₹248.07 Crores. Check the professional list by Designation, Email Id, Mobile and Social Profile and more. Udaychal Path, Guwahati, Dist. Electrosteel Castings Limited is a pipeline solution provider. The stock of SPL tanked 18 per cent to Rs 109.50 on the … Though Electrosteel’s current market price is Rs 1.10 per share, it’s well accepted that equity shares of an insolvent company are usually worth nothing. Our Heritage. Get detailed Electrosteel Steels Ltd. stock price news and analysis, Dividend, Bonus Issue, Quarterly results information, and more. Certifications . Mr. Katia I has been serving as the Chief Executive Officer of the Company with effect from 29 January, 2019. ELECTROSTEEL STEELS LIMITED (FORMERLY KNOWN AS ELECTROSTEEL INTEGRATED LIMITED) Our Company was incorporated as "Electrosteel Integrated Limited" on December 20, 2006 as a public limited company under the Companies Act, 1956. Internationally certified superior quality DI Pipes and Fittings. Its authorized share capital is Rs. Electrosteel Castings (UK) Ltd, Ambrose Yard, Broombank Trading Estate, Broombank Road, Chesterfield, Derbyshire S41 9QJ Email: ADDRESS : Permanent Phone No Email: 4. 6th-Jun-2018 12:29 Source: BSE. 11 per equity share (including a share premium of Re. Electrosteel Integrated Limited, promoted by Electrosteel Castings Ltd (ECL) to setup a 2.2 MTPA Integrated Steel and Ductile Iron Spun Pipes project in Jharkhand, India. Electrosteel Steels - Announcement under Regulation 30 (LODR)-Allotment . With more than double the tensile strength and much higher ductility than that of cast iron, ductile iron pipes are simple to joint, can be laid in all weather conditions and often without the need for selected backfill. It is classified as Non-govt company and is registered at Registrar of Companies, Jharkhand. PERSONAL PARTICULARS : - Father’s Name & Occupation: Date of Birth: Height: Weight: Languages - Speak: … Electrosteel Castings (UK) Ltd, Ambrose Yard, Broombank Trading Estate, Broombank Road, Chesterfield, Derbyshire S41 9QJ CRISIL has assigned its 'CRISIL AA/Stable/CRISIL A1+' ratings to the bank loan facilities of Electrosteel Steels Limited (ESL). Tata Steel (PP) 225.90 20.5. Electrosteel Castings Limited is engaged in the business of manufacturing Ductile Iron (01) Pipes, Ductile Iron Fittings and Cast Iron (CI) Pipes. ELECTROSTEEL CASTINGS LIMITED 19, Camac Street Kolkata - 700017 Ph. According to the order, the total admitted financial debt of the corporate debtor, Electrosteel Steels Ltd, was Rs 13,395 crore. SYSTEM CERTIFICATE. Ductile iron is an iron/carbon/silicon alloy with a nodular graphite structure that produces a strong, ductile material. Steel Fabrications. 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