Shri Bajrang Alliance Share price

SHRI BAJRANG ALLOYS LTD. 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 sevenmonths 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 30000 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 proposes to increase the installed capacity from 30000 M.T. per annum to 75000 M.T. p.a.