| Company Name | ESL Electro Steel Limited |
|---|---|
| Promoter | Anil Agarwal |
| Est Year | 2006 |
| Industry | Manufacturing |
| ISIN No | INE481K01021 |
| Face Value | ₹10.00 |
| Website Link | https://www.eslsteel.com/ |
ESL Steel Limited, a part of the Vedanta Group, is a leading manufacturer of high-quality steel products in India. The company specializes in producing pig iron, billets, TMT bars, wire rods, and ductile iron pipes, catering to various industrial and infrastructural needs.
Under Vedanta's management, ESL Steel has witnessed significant financial growth, increasing its production capacity and improving operational efficiencies. The company's focus on backward integration and cost optimization has resulted in consistent profitability.
With India's rising demand for steel in construction and infrastructure, ESL Steel's Pre-IPO shares present an attractive opportunity for investors. The company's strong backing by Vedanta and its future expansion plans make it a compelling investment.
Growing steel demand, government infrastructure projects, and cost-efficient production techniques.
ESL Steel is expanding its product portfolio and adopting sustainable production practices to align with the global push for eco-friendly manufacturing.
Vedanta Group pushes forward with expanding ESL Steel's production capacity from 1.5 million to 3 million tonnes per annum, aiming to strengthen its position in the steel industry.
Vedanta Group hints at selling its steel business, including ESL Steel, if the right offer emerges - aligning with its broader restructuring strategy.
ESL Steel reports a net debt of ₹1,524 crore as of March 31, 2024, reflecting the financial strain amid ongoing expansion and restructuring efforts.
