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Electrosteels Steel Limited unlisted shares
Electrosteels Steel Limited unlisted shares
Manufacturing and Industrial
*The above chart is presented for indicative purposes only and may not be accurate. The figures represented above are taken on an average basis, and may or may not match with the prevailing situation. Users are requested to not completely rely on the above chart and to consult an independent financial adviser and to take their investment decisions.
Overview
Electrosteel Steel Ltd (ESL Steel Limited) – Validated & Expanded Overview
Company Overview
ESL Steel Limited is an integrated steel producer located in Bokaro, Jharkhand, with a fully backward- and forward-integrated steel manufacturing setup.
- Incorporated: 2006 as a public limited company
- Acquisition by Vedanta: June 2018, through the Corporate Insolvency Resolution Process (CIRP)
- Parent Company: Vedanta Limited (part of Vedanta Resources)
After the acquisition, ESL moved from a stressed asset to a profitable and fast-growing steel subsidiary under Vedanta.
Capacity & Expansion
- Current steelmaking capacity: 1.5 MTPA
- Installed/commissioned greenfield capacity: 2.5 MTPA
- Planned expansion: Upgradation and brownfield expansion to 3 MTPA, part of Vedanta’s broader steel strategy to strengthen its presence in the Indian steel market.
Vedanta is investing to turn ESL into a large-scale, high-margin steel asset that complements its iron ore and power businesses.
Manufacturing Facility
The Bokaro plant is a fully integrated steel facility with end-to-end operations, consisting of:
- Sinter Plants
- Coke Oven Batteries
- Blast Furnaces
- Oxygen Plant
- Basic Oxygen Furnaces (BOF)
- Continuous Billet Caster
- Wire Rod Mill
- Bar Mill
- Ductile Iron (DI) Pipe Plant
- Captive Power Plant
This enables ESL to maintain strong control over cost efficiency, raw material quality, and production reliability.
Product Portfolio
ESL produces a diverse range of steel and ductile iron products used in infrastructure, construction, water supply networks, and engineering applications.
Key Products:
- Pig Iron
- Steel Billets
- TMT Bars
- Wire Rods
- Ductile Iron Pipes (DI Pipes)
Product Branding
ESL recently restructured and rebranded its product line under the Vedanta Steel brand ecosystem:
- V-DUCPIPE → Ductile Iron Pipes
- V-XEGA → TMT Bars
- V-WIRRO → Wire Rods
This branding aligns ESL’s product identity with Vedanta’s strong presence and reputation in metals.
Business Turnaround & Performance
ESL became profitable within the first year of acquisition (FY19), demonstrating operational turnaround under Vedanta management.
Significant improvements were achieved in:
- Plant utilization
- Operating efficiencies
- Raw material integration
- Cost optimization
ESL's turnaround is often cited as one of the successful post-CIRP restructuring examples in India's steel industry.
Strategic Importance to Vedanta
Vedanta aims to transform ESL into:
A scalable steel platform, leveraging integration with its mining, iron ore, and power operations
A long-term contributor to India’s surging demand for steel, driven by infrastructure, construction, and urbanization
A foundation for becoming one of India’s top integrated steel manufacturers
Future Outlook
- Aggressive brownfield expansion towards 3 MTPA and beyond
- Enhanced focus on high-grade steel segments
- Strengthening of water infrastructure business via DI pipes
- Higher value-added product mix and brand positioning
- Sustainable manufacturing aligned with Vedanta’s ESG roadmap
Board Members
| Name | Designation |
| Mr. Arun Misra | Non-Executive Director |
| Mr. Thomas Mathew | Non-Executive Independent Director |
| Mr. Subodh Kumar Rai | Non-Executive Independent Director |
| Mr. Agnivesh Agarwal | Additional Non- Executive Director |
| Ms. Poovannan Sumathi | Non-Executive Woman Director |
| Mr. Ravish Sharma | Chief Executive Officer & Whole Time Director |
Consolidated Results
| Particulars (in INR Cr) | FY22 | FY23 | FY24 | FY25 |
| Revenue from Operations | 6596 | 7977 | 8508 | 8147 |
| EBIDTA | 563 | 274 | 161 | 415 |
| EBIT | 218 | (170) | (302) | (29) |
| PBT | 24 | (471) | (649) | (318) |
| PAT | (94) | (558) | (967) | (266) |
| EPA (INR) | (0.51) | (3.02) | (5.23) | (1.44) |
Reports
Company Details
| Particulars | Details |
| Face Value (INR) | 10 |
| ISIN Number | INE481K01021 |
News
FAQs
There is no restriction on transfer of unlisted shares until the IPO cut-off date which is generally a week before listing. However, after listing SEBI norms are applicable to these shares. As per SEBI regulations, all unlisted shares go in a lock-in period of 6 months from the date of listing of shares.
In case you have any queries, you may call us on +91 8958 212121 or write to us at [email protected]
All unlisted shares can be transferred only to Demat accounts. Unlisted shares can be checked in two ways:
1. Option 1
- Download the NSDL or CDSL mobile application from the Google Play or App Store.
- Enter your DP ID + Client ID (total of 16 characters)
2. Option 2
You may also check the credit of your shares, by logging in to your Demat account and checking under DP Holdings in your respective DP.
In case you have any queries, you may call us on +91 8958 212121 or write to us at [email protected].
All unlisted shares can be transferred only to Demat accounts. Unlisted shares can be checked in two ways:
1. Option 1
- Download the NSDL or CDSL mobile application from the Google Play or App Store.
- Enter your DP ID + Client ID (total of 16 characters)
2. Option 2
You may also check the credit of your shares, by logging in to your Demat account and checking under DP Holdings in your respective DP.
In case you have any queries, you may call us on +91 8958 212121 or write to us at [email protected].
In the case of CDSL, the first 8 digits of your Demat Account Number are depository participant ID and the last 8 digits are your customer ID with the depository participant. The same goes for NSDL where ‘IN’, the 6 digits are depository participant ID and the rest of the numbers reflect your customer ID with a depository participant.
National Securities Depository Limited (NSDL): The Demat account number of NSDL starts with alphabets ‘IN’ followed by 14 numeric digits.
For e.g. IN30000012345678.
Central Depository Service Limited (CDSL) : The entire DEMAT account number of CDSL is numeric.
For e.g.1234567800001234
In case you have any queries, you may call us on +91 8958 212121 or write to us at [email protected].
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The financials are available in the Research Report, DRHP, and Annual Reports of Electrosteels Steel Ltd Unlisted Shares, which may be found under the Reports section of the company's specific page. You can download all the reports after logging in.
If you liquidate the Electrosteels Steel Ltd unlisted shares within 2 years of its acquisition, then you will be required to pay tax on the short-term capital gain (STCG) as per the individual tax slab rate. Liquidating the shares after 2 years will attract a long-term capital gain (LTCG) which will be taxed at the rate of 12.5% without indexation benefits
Investors should consult with an independent third-party taxation advisor prior to making investment decisions.
In case you have any queries, you may call us on +91 8958 212121 or write to us at [email protected]