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As On 02-Jun-2023 EOD, Market Closed
SENSEX
62,547.11
118.57 (0.19%)
NIFTY
18,534.10
46.35 (0.25%)
    No Companies Visited
A A A

Steel Exchange India Ltd is an India-based company. The company operates in six divisions, namely Trading Division, Steel Melting Division, Rolling Division, Wire Drawing and HC Wire Products & Galvanized Wire Division, Pyxis Software Division and Sponge Iron Division.

The company's Trading Division deals with a range of products, such as sponge iron, semi and finished steel products. They also deal with the products manufactured by RINL (Vizag Steel), their own manufacturing divisions and other manufacturers for special products. The Steel Melting Division manufactures ingots using sponge iron and scrap/ pig iron.

The Rolling Division of the company has two rolling units producing thousand metric tons (TMT) bars and steel rebars. The two units of Wire Drawing and HC Wire Products & Galvanized Wire Division produce wire products, carbon steel wire products and galvanized wire products.

The company's Pyxis Software Division deals with the development of software and software products. The Sponge Iron Division is located at Viziznagaram District, which is having a capacity of 225,000 TPA.

Steel Exchange India Ltd was incorporated in the year 1999 as a public limited company. Steel Exchange India Limited acquired a well-established steel specific vertical B2B portal www.steelexchangeindia.com, which had been promoted and developed by its holding company Pyxis Technology Solutions.

As per the scheme of amalgamation, Steel Exchange India Ltd and Simhadri Steels Pvt Ltd were amalgamated with the company and the name was changed to Steel Exchange India Ltd with effect from April 2003.

During the year 2006-07, the company entered a scheme of arrangement with Vizag Profiles Ltd for transferring the Steel Division of Vizag Profiles Ltd to the company. Vizag Profiles Ltd merged with the company with effect from April 1, 2006.

During the year 2008-09, the company took on lease 225,000 TPA Sponge Iron unit of GSAL (India) Ltd with effect from October 1, 2008. Also, they decided to sell/ dispose off the old Rolling Mill situated in Andhra Pradesh.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

The power of the database is harnessed by our fired-up reporters to generate interesting ideas. The reader-friendly presentation of the idea, supplemented by relevant data and information, can be accessed online through Capita Telefolio and Telefolio Gold. These ideas are used by individual investors as well as institutional investors to do further research and stay ahead.

Capital Market Publishers India Pvt. Ltd.

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Flash News 03-Jun-2023
  •  ( 15:57) NTPC arm declares commercial operation of last part of Nokhra Solar PV project  
  •  ( 15:00) Vedanta subsidiary enters into PDA with Serentica Renewables India  
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  •  ( 10:25) CRISIL reaffirms rating of Tata Chemicals at 'A1+'  
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  •  ( 10:15) Minda Corp board OKs proposal to raise funds up to Rs 600 crore  
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02 June 2023 00:00
3235.15
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926.00
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7023.00
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1456.55
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836.20
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2646.30
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1136.90
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2716.35
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937.05
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1288.10
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1298.65
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443.20
(0.77 %)
1939.75
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2235.25
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1341.05
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9488.80
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22040.60
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174.40
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234.60
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2454.95
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587.20
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999.35
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535.75
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108.00
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3304.40
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1122.30
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2859.60
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404.80
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