KANISHK STEEL INDUSTRIES LTD
Company Overview
Fact Sheet
- Location:Tamil Nadu, India
- Business Type:Manufacturer, Distributor / Wholesaler, Exporter
- Turnover:Rs. 50 - 500 Crore
(or USD 10 Million - USD 100 Million) - Main Products:TMT Bars, Structurals
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Overview
Kanishk Steel Industries Ltd., an ISO 9001:2000 certified company listed in BSE. Kanishk Steel is promoted by late Shri. O.P Gupta, who has established steel related business in Tamilnadu.
Kanishk Steel Industries Ltd., has a turnover of Rs.273.93 crores and the group turnover is of Rs.500 Crores. Kanishk Steel employs around 450 people. The company manufactures steel products (Finished goods) both Constructional steel and Structural steel conforming to the Bureau of Indian Standards BIS 1786 and IS 2062 (equivalent to ASTM, BS, DIN).
As a pioneer in the recently developed field of TMT bars, Kanishk Steel Industries has emerged as a dominant player in the market and has been continuously providing value to the customers over the years ensuring quality and cost effectiveness.
The major customers in Public Sector of Kanishk Steels include BHEL-Trichy, BHEL-Ranipet, TANSI, Neyveli Lignite Corporation (NLC), DRDA Units, Tamil Nadu Government, ICF, Atomic Energy Kalpakkam, LIC of India, Chennai Corporation and others.
Kanishk Steel also supplies to major project customers like Jindal South West (JSW), Madras Cements, Singapore Realty, Petron, Skanska Cementation, Khivraj Tech Park, Shapoorji Palloni, DLF INFO City, Tube Product of India, Matha Amirthananda Mayi Math, Shriram EPG Ltd., Suzlon Energy Ltd., Boss Infrastructures Pvt. Ltd., GMR Ullundurpet Express Ways Pvt. LTd., EMAMI Biotech Ltd and others.
Kanishk Steel also supplies to SEZ project customers like SEP Sons (India) Ltd., East Coast Constructions & Industries Ltd., EMAS Engineers & Contractors Pvt. Ltd., Mahindra Zesco Developers Ltd., Coromandel Engineering Company Ltd. (Murugappa Group), NAPC Ltd. and others.
Facilities
Kanishk Steel Industries has established facilities in Gummidipoondi, Thiruvallur district of Tamilnadu, which is about 40 kms from Chennai. The facility uses the latest technology machinery to manufacture top quality TMT bars, CTD bars; structural steel items like wire rods, joists, profiles, channels, rounds, angles, special profiles, wire rods, spring steel flats and carbon alloy construction steel.
The Gummidipoondi facility has received the ISO 9001:2000 certification for the manufacturing and supply of TMT Bars and Structural steel products. The certification recognises the high-quality manufacturing system and success in giving the best for Kanishk Steel's customers. It confirms the quality of the services and operations of the company and underscores the value created for the customers.
Kanishk Steel has the latest testing equipment - SpectroMAXx Spectrometer at its Gummidipoondi facility. With this, the testing equipment at the facility will be the best ensuring better, efficient, accurate and precise analysis in the quality of the products being manufactured. The SpectroMAXx will further enhance the existing stringent quality process at Kanishk Steel and provide competitive advantage in the entire process of manufacturing from selection of the raw material to the finished product. The SpectroMAXx has been specifically equipped for Kanishk Steel's requirements
A sponge iron plant has been set up in Gummidipoondi with an annual capacity of 60,000 tons. The sponge iron from the plant is used as raw material for the steel mill, which will in turn be used for manufacturing TMT bars. It has the flexibility of using indigenous 100 per cent iron ore lumps or any mix of lump ore and pellets.
Sponge iron is the product created when iron ore is reduced to metallic iron, usually with some kind of flux at temperatures below the melting point of iron. Sponge iron is used as a raw material, substituting and supplementing indigenous and imported scrap for making steel in electric arc furnaces and induction furnaces. It is used as a constituent in manufacturing steel and steel related products.