Shri Bajrang Power & Ispat Share Price

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• Shri Bajrang Power & Ispat Ltd. was founded in 2002 and began operations in the steel manufacturing industry. Over the years, it has grown into one of the major integrated steel plants in central India.
• The company operates three steel plants, a pipe plant, a mine, a solar plant, and three thermal power plants.
• The TMT Division produces TMT bars. This division has implemented backward and forward integration strategies. This includes establishing a steel melting shop to manufacture billets and blooms of various steel grades, a wire rod mill, and a captive power plant. This unit has a production capacity of 100,000 TPA of billets, 250,000 TPA of TMT bars, 100,000 TPA of wire rod/HB wire, and 5,000 TPA of binding wire. It also manufactures 30 million fly ash bricks annually.
• The Borjhara Division manufactures billets and TMT bars. It has two sponge iron plants with a combined capacity of 210,000 TPA, a continuous casting machine with a capacity of 129,000 TPA, an 8 MVA ferro alloys plant with a capacity of 14,400 TPA, a 0.6 million ton coal washery, a rolling mill with a capacity of 1.20 LTPA, and a fly ash brick manufacturing plant with a capacity of 30 million bricks per year.
• The Tilda Division was established with a vision for future growth and expansion. The company signed a Memorandum of Understanding (MoU) with the Government of Chhattisgarh for an investment of Rs 1400 Crores. This division has a 2 MTPA iron beneficiation plant, a 1.4 MTPA pellet plant, a 150,000 TPA sponge iron plant, and a 16  MW power plant.
• The Pipe Division manufactures pipes under the Goel TMT brand, a well-known and reputed steel and TMT manufacturer in India. It has an installed capacity of over 2.5 lakh MT per annum.
• The company operates the Shri Bajrang Iron Ore Mine, located in Chhattisgarh. The mine has a production capacity of 0.6 MTPA and a lifespan of 12 years based on the current production rate and remaining mineral reserves. However, exploration drilling suggests that the total resources could be around 10 million tons. Since the mine began operation, 30% of the iron ore requirement has been met from captive resources, and the remaining 70% is sourced from the secondary market in Odisha and NMDC.
• Finally, Shri Bajrang Power and Ispat Ltd. generate power for its three steel plants, making it completely self-sufficient in terms of power needs. The company utilizes a combination of solar and thermal power plants to achieve this.​