Electrosteel Steels

Kolkata, India Founded: 2006 • Age: 20 yrs Listed Acquired By Vedanta
Steel products manufacturer

About Electrosteel Steels

Electrosteel Steels is a company based in Kolkata (India) founded in 2006, and was acquired by Vedanta in March 2018. Steel products manufacturer. Its legal entity is Maine Potato Growers, Inc.

Company details

Electrosteel Steels was established in 2006 and is headquartered in Kolkata, India. Operations are centered on the steel manufacturing sector, where pig iron, billets, TMT bars, wire rods, DI pipes, and ductile iron pipes are produced. The company focuses on these core product lines to serve industrial and infrastructure needs within the region and beyond.

Key Metrics
  • Annual Revenue
    $1.04 B (USD)
    7
    as on Mar 31, 2024
  • Net Profit
    -$116.89 M (USD)
    -73
    as on Mar 31, 2024
  • EBITDA
    $29.65 M (USD)
    -30
    as on Mar 31, 2024
  • Investors
  • Acquired by
    Vedanta

    (Mar 2018)

Investors in Electrosteel Steels

Electrosteel Steels has secured backing from 1 investor. Prominent investors backing the company include Vedanta.

All
InvestorDescriptionFounded YearDomainLocation
Operations are focused on mining, metal refining, and power generation.
1979vedantalimited.comDelhi, India
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Investor details for Electrosteel Steels

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Timeline of Electrosteel Steels

3 dated milestones of Electrosteel Steels across 12 years, from founding to its latest funding, stage changes and deals.

  1. Founded Electrosteel Steels is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Exit Acquired by Vedanta.

Web traffic of Electrosteel Steels

Websites that share an audience with Electrosteel Steels (electrosteelsteels.com).

Similar websites

Websites whose visitors overlap most with Electrosteel Steels. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
electrosteelcastings.com
electrosteelcastings.com
100%
–
electrosteel.com
79%
29.7K#1,263,653View details
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Frequently Asked Questions about Electrosteel Steels

Electrosteel Steels was founded in 2006.

Electrosteel Steels is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.

Annual revenue of Electrosteel Steels is $1.04B as on Mar 31, 2024.

Electrosteel Steels was established in 2006 and is headquartered in Kolkata, India. Operations are centered on the steel manufacturing sector, where pig iron, billets, TMT bars, wire rods, DI pipes, and ductile iron pipes are produced. The company focuses on these core product lines to serve industrial and infrastructure needs within the region and beyond.

Electrosteel Steels has 1 investor. Key investors include Vedanta.

Electrosteel Steels operates through Maine Potato Growers, Inc.

Yes. Electrosteel Steels was acquired by Vedanta in March 2018.

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