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ESL Steel Limited

Manufacturing

Delisted

ESL Steel Ltd, previously known as Electrosteel Steels Limited, is a prominent steel manufacturing company in India. Established in 2006, the company has grown to become a significant player in the Indian steel industry, known for its high-quality products and advanced manufacturing capabilities. ESL Steel is a subsidiary of Vedanta Limited, one of the world's largest diversified natural resource companies. ESL is an integrated steel producer with a greenfield manufacturing facility in Bokaro, Jharkhand, India, which is currently commissioned at a capacity of 2.5 MT per annum. ESL is engaged in manufacturing and supply of billets, TMT bars, wire rods, and ductile iron (DI) pipes. It also deals in iron ore, pig iron, and iron and steel scrap products related to its manufacturing. Additionally, ESL produces metallurgical coke, sinter, and power for its own use. It recently introduced its rebranded product range in the market under three new brands, V-DUCPIPE for DI pipes, V-XEGA for TMT bars and V-WIRRO for wire rods.


Key Highlights

• Billets • TMT Bars • Wire Rods • DI Pipes • PIG Iron • And other related products • Brands: V-DUCPIPE for DI pipes, V-XEGA for TMT bars and V-WIRRO for wire rods.


FAQs

Unlisted shares of ESL Steel Limited can be bought through a stockbroker or dealer specializing in unlisted shares like unlistedassets.com where you will find the best price for the unlisted shares and can also read about the unlisted companies’ profile and read its financials which helps users to get comfortable with unlisted company information before they can invest in the ESL Steel Limited unlisted shares.

You can sell unlisted shares of ESL Steel Limited through a stockbroker or through a platform like Unlistedassets.com, etc. Once the deal is confirmed, you can transfer the unlisted shares to the buyer through the Depository Participant (DP)/demat account.

Typically, the lock-in period for unlisted shares ranges from 6 months to 3 years. However, the exact lock-in period for unlisted shares varies from company to company and is subject to the company's board of directors.

(i) AIF-II - There is no locking period for Unlisted Shares.

(ii) Other Investors (include Retail, HNIs or Body Corporate) lock-in Period of 6 months from the date of listing of IPO of ESL Steel Limited

The expected IPO date of ESL Steel Limited has not been announced yet. Please keep a check on Unlisted Assets.com for getting the recent updates on ESL Steel Limited unlisted shares
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