Sharda Ispat Limited (SIL) was formerly incorporated as a Private Limited Company with the name, 'Sharda Industries & Engineering Works Pvt Ltd' in September, 1960. The Company got converted into a Public Limited Company under the name, 'Sharda Ispat Limited' on 12 March, 1985 and acquired its present name in Oct.'89. The present Promoters of the Company are J K Sarda, G D Sarda. Presently, it is engaged in Manufacturing and job work of alloy steel flat / rolled products which are used in automobile component industries. Its product range includes hot rolled products of all grades.
The Company is in steel business since 1960.For more than six decades SIL is supplying alloy, carbon & spring steel rolled products to various automobile OEM component manufacturer, as well forging & bright b ...ar industries. Apart from these, it is supplying spring steel flat to approved vendors of TATA Motors, Ashok Leyland, Mahindra & Mahindra, Eicher Motors, Force Motors, AMW, etc. The Company is an established leader in all their product segment with the production capacity of the unit as 60000 Metric Tons Per Annum.
The Company had set-up unit at Hingna in 1982-83 with an installed capacity of 25,000 tpa. For the proposed expansion, the company came out with a public issue of 19,50,000 equity shares of Rs 10 each for cash at a premium of Rs 10 each per share aggregating to Rs 390 lac.
In 1995-96, the company came out with modernisation-cum-expansion for iron and steel to increase the installed capacity by 35,000 tpa. The New project of automatic rerolling mill at Kamptee Road and modernisation project at Hingna have been completed.
Due to the general slow down in economy accompanied by declinig demand for steel, during the year 1999, the company is going to make reference to the BIFR for a Sick Company and measures for rehabilitation.
The Company was declared sick and the company is expecting that with the rehabilitation measures and support from bank and financial institutions,the company will come out from its present crisis within a short period and regain its position.
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2. Does Sharda Ispat Ltd pay dividends? ›
Sharda Ispat Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Sharda Ispat Ltd ? ›
As of
04-12-2025 the share price for Sharda Ispat Ltd. is 191.05 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Sharda Ispat Ltd ? ›
The 52-week high and low of Sharda Ispat Ltd share price is ₹ 175.1 - ₹ 382.9 as of
04-12-2025 .
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