Steel Authority Of India Limited logo

Steel Authority Of India Limited

Leading state-owned steel producer in India with diverse product portfolio.

1973 Central Delhi, Delhi (India) Active

About

Basic Data Updated:

15 days ago

"Introducing Steel Authority of India Limited - the leading state-owned steel producer in India. With a majority stake of 65% held by the Government of India, SAIL has established itself as a powerhouse in the steel industry. Boasting five integrated steel plants, including Bhilai, Durgapur, Rourkela, Bokaro, and IISCO, as well as three special steel plants, SAIL offers a diverse range of high-quality products such as hot-rolled and cold-rolled coils, perforated metal plates, rounds, bars, wire rods, and rails. These products cater to a wide range of industries, including construction, engineering, power, railways, automotive, consumer durables, and defense. With a strong presence in the market, SAIL has 37 branch offices, 37 warehouses, and a network of 4,842 dealers across India. Founded in 1973, SAIL continues to be a trusted and reliable source for all steel needs."

Industry

Company Details

  • Location

    Central Delhi, Delhi, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNL27109DL1973GOI006454
Company No.006454
Stock Symbol BSE : 500113 NSE : SAIL
Company ClassificationPublic Limited Union Government Company
Incorporation Date24 Jan 1973
Date of AGM27 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Delhi

Financials of Steel Authority Of India Limited

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Steel Authority Of India Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 49.05% increase. The company also saw a substantial improvement in profitability, with a 212.08% increase in profit. The company's net worth Soared by an impressive increase of 19.59%.

Corporate Structure

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People in Steel Authority Of India Limited

Executive Team (2)

  • AP

    Amarendu Prakash In Managing Director

    Appointment Date: 28-Sep-2020

    Status: Current

  • MB

    Mangudi Balakrishnan In Company Secretary

    Appointment Date: 01-Jul-2019

    Status: Current

Board Members(14)

Charges (Loans)

Open Charges Satisfied Charges

₹42,400.20 cr

₹54,097.73 cr

LenderAmountStatus

State Bank Of India

Creation Date: 01 Aug 2023
₹4,700.00 CrOpen

The South Indian Bank Limited

Creation Date: 31 Jul 2023
₹300.00 CrOpen

Bank Of India

Creation Date: 28 Mar 2023
₹1,500.00 CrOpen

Deals i

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Rating

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Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alert

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Recent activity within the organization

  • Activity

    Annual General Meeting

    Steel Authority Of India Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

    27 Sep 2023
  • Activity

    Charges

    A charge with State Bank Of India amounted to Rs. 4,700.00 cr with Charge ID 100765412 was registered on 01 Aug 2023.

    01 Aug 2023
  • Activity

    Charges

    A charge with The South Indian Bank Limited amounted to Rs. 300.00 cr with Charge ID 100763888 was registered on 31 Jul 2023.

    31 Jul 2023
  • Activity

    Balance Sheet

    Steel Authority Of India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023
  • Activity

    Charges

    A charge with Bank Of India amounted to Rs. 1,500.00 cr with Charge ID 100707834 was registered on 28 Mar 2023.

    28 Mar 2023

Recent News, Updates & Announcement

Frequently asked questions

What is the Incorporation or founding date of Steel Authority Of India Limited?

Steel Authority Of India Limited was incorporated 51 years 4 months ago on 24 Jan 1973 with Registrar of Companies Roc Delhi.

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