|Shri Bajrang Alloys Limited, a listed company is flagship of the well known Goel group. Now the company is producing range of Mild Steel Structurals & Elastic Rail Clips and is market leader in its products.
The Company was incoporated on 16th August, 1990 with it's registered office at Raipur (M.P.). The Certificate of Commencement of Business was obtained on 7th November, 1990. The Company has set up 18' Structural Rolling Mill at Urla Industrial Complex, Raipur in the state of Madhya Pradesh. The Project was completed within seven months and started commercial production during March, 91. Unit was set-up at a cost of Rs. 147 lacs by promoters from their own resources. Presently the Company is engaged in manufacture of various rolled products such as Joists, Channels, Angles, Beams of heavier sizes. The present installed capacity is 30,000 M.T. per annum.
The Company had also been appointed as an authorised conversion agent by TISCO, SAIL, BHILAI STEEL PLANT and consignment agent of Rashtriya Ispat Nigam Ltd for Eastern M.P.
The product manufactured by the Company find application infabrication of heavy structures, fabrication jobs, construction and general engineering. Rapid industrialisation and electrification programmes have provided boom to the demand for Company's products. The Company now has an installed capacity of 75,000 M.T. p.a.
-Shri Bajrang Alloys Ltd has delisted the Securities of the Company from Ahmedabad Stock Exchange (ASE).
-The Company has issued Bonus Shares in the Ratio of 2:1.