06 May, EOD - Indian

SENSEX 80641.07 (-0.19)

Nifty 50 24379.6 (-0.33)

Nifty Bank 54271.4 (-1.18)

Nifty IT 35869.2 (-0.34)

Nifty Midcap 100 53435.85 (-2.27)

Nifty Next 50 63824.9 (-2.42)

Nifty Pharma 21534.35 (-1.11)

Nifty Smallcap 100 16195.15 (-2.50)

06 May, EOD - Global

NIKKEI 225 36830.69 (1.04)

HANG SENG 22662.71 (0.70)

S&P 5638.5 (-0.80)

LOGIN HERE

flagRama Steel Tubes Ltd

You are Here : Home > Markets > CompanyInformation > Company Background
BSE Code : 539309 | NSE Symbol : RAMASTEEL | ISIN : INE230R01035 | Industry : Steel |


Company History

Rama Steel Tubes Limited was incorporated on February 26, 1974 in New Delhi. The Company is engaged in manufacturing of Steel Pipes & tubes and related products. The Company's manufacturing facilities are located at Sahibabad, in Ghaziabad District of Uttar Pradesh and Khopoli, in Raigarh District of Maharashtra.

The total installed capacity stood at 96,000 MT. The product applications have usage in various industries including automobiles, infrastructure, real estate, and furniture. The key products in portfolio include Galvanized Tubes, ERW Black Steel Pipes & Tubes, Scaffolding Pipes & Tubes, Structural Steel Products and Hollow Sections. The Company also has a wholly owned foreign subsidiary in Dubai, UAE in the name of RST International Trading FZE, which is engaged in trading of building & construction material item. Initially in 1981, the Company setup a unit with 10,000 tonnes per annum and reached to an installed capacity of 2,64,000 metric tonnes per annum.

During the year 2016-17, the Company acquired 100% stake in its wholly owned subsidiary, Lepakshi Tubes Private Limited.

In August 2016, the Company doubled the capacity to 72000 MTPA at Khopoli in the second phase of expansion. The Company commenced operations in Southern India facility in 2017-18. It further increased the installed capacity by upgrading the Maharashtra facility and adding a new facility in Andhra Pradesh, which stood at 1,68,000 MTPA in 2018.

In 2017-18, the Company commissioned first captive Solar Power Plant of 750 KW at Khopoli Unit, Maharashtra. In 2022-23, the Company acquired 51% stake in M/s Ashoka lnfrasteel and a 50% stake in M/s Hagar Mega Mart Pvt. Ltd. and further has been holding 25% stake in Peer Panchal Construction (JV).

Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.

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.

Copyright @ Capital Market Publishers India Pvt.Ltd

Designed, Developed and maintained by CMOTS Infotech (ISO 9001:2015 Certified)

Site best viewed in Internet Explorer Edge ,   Google Chrome 115.0.5790.111 + ,   Mozilla Firefox 115.0.3 + ,   Opera 30.0+, Safari 16.4.1 +