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ESL Steel Limited Unlisted Shares
Pre-IPO
Steel Company
About Company:
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ESL steel limited, an integrated steel producer, is a wholly-owned subsidiary that incorporated in 2006 and acquired in 2018. Today, the company has set up a greenfield integrated manufacturing facility and has established excellence at every stage of production. It provides international expertise and solutions from reputed and professional manufacturers. The plant, with the latest technology, operates in synchronization with the highest ecological standards.
Company Overview
Unlisted Mitra has upgraded itself with the technology so that it could operate from any possible location. ESL, the subsidiary of Vedanta ltd. has strong support from the group and has helped ESL in making the operating efficiency improvements. The company has recently introduced the rebranded product range as it's committed to completely shifting to EVs by 2025. The face value of unlisted shares of ESL is Rs 1 per equity share, lot size is 1000 shares and the retail discount is 1% on bulk deals. ESL had a PAT of 2732 crores and had also shown a loss of 21 million dollars in 2021.
Promoter-Management
Name Designation
Mr. Mahendra Singh Mehta Non-Executive Independent Director
Mr. Prasun Kumar Mukherjee Non-Executive Independent Director
Mr. Navnath Laxman Vhatte CEO & Whole Time Director
Ms. Poovannan Sumathi Non-Executive Director
Mr. Mahesh Iyer Chief Financial Officer
Shareholders Pattern
Category of shareholder Holding (in %)
Promoter and Promoter Group 90.00 Institutional 7.05
Non-Institutional 2.95 Total Outstanding 100
Annual Reports
Investing Opportunities
According to the research, ESL steel ltd. is the largest private player in project portfolio with a market share of 26%. It has established excellence and its range of products includes Pig Iron, Billets, Wire Rods, etc. In 2021, the revenue growth of the company is 9.3% and has an integrated steel capacity of 1.5 MTPA. In 2018 June, the management control of ESL was acquired by Vedanta for addressing the resolution of non-performing assets. Unlisted Mitra is a complete solution for research and investment. The team guides you in the friendliest manner to bring you to the best-researched investment ideas that help you to own an idea with no hidden information. Unlisted Mitra can also help you to invest in ESL with a minimum investment amount.