The company was originally incorporated as a public limited Company under the name of ‘Baheti Metal And Ferro Alloys Limited’ on December 28, 1994 under the provisions of the Companies Act, 1956 with the Registrar of Companies, Gujarat, Dadra & Nagar Haveli bearing registration number as 04-24001. Subsequently, the name of the company was changed from ‘Baheti Metal And Ferro Alloys Limited’ to ‘Baheti Recycling Industries Limited’ vide a fresh certificate of incorporation dated January 25, 2022, issued by the Registrar of Companies, Ahmedabad, Gujarat.
Incorporated in 1994, Baheti Recycling Industries is an aluminium recycling Company, primarily engaged in processing aluminium based metal scrap to manufacture aluminium alloys in the form of ingots and aluminium de-ox alloys in the form of cubes, ingots, shots and notch bar. The versatile properties of aluminium and its alloys, results in it being used in various industries, which include automobiles, construction, electrical transmission application, food packaging etc. Aluminium alloys are used in automobiles components due to its stiffness, corrosion resistance and excellent strength to weight ratio. The Aluminium de-ox alloys are used as deoxidizer in steel manufacturing units.
The company is a customer centric company, constantly striving to create value for its customers through products offered and committed deliveries. It primarily caters to the automotive parts and steel sector in India. Some of its esteemed customers includes ArcelorMittal Nippon Steel India, Tata Steel, Minda Corporation, Sigma Electric, Sunflag Iron & Steel Co. Ltd. etc. Currently, it markets its products to around 12 states & Union Territories in India of which majority portion of the revenue comes from the state of Gujarat, Maharashtra, Orissa and Jharkhand. The company also sells its products to the foreign buyers located in Japan, Canada, USA, China, Hong Kong, UAE, Taiwan etc. The company exports these products at the preferred location of the buyer, which is either the consignee’s country or buyer’s country. The company is also engaged in trading of scrap materials such as aluminium scrap, brass scrap, copper scrap, zinc scrap etc.
Business area of the company
The company is primarily engaged in processing aluminium-based metal scrap to manufacture aluminium alloys in the form of ingots and aluminium de-ox alloys in the form of cubes, ingots, shots and notch bar. It is also engaged in trading of scrap materials such as aluminium scrap, brass scrap, copper scrap, zinc scrap etc.
Major events and milestones
- 1994: Incorporation of the company as ‘Baheti Metal and Ferro Alloys Limited’ under the Companies Act, 1956.
- 1995-96: Commencement of manufacturing operations.
- 2005-06: Crossed revenue of Rs 50 crore.
- 2017-18: Crossed revenue of Rs 100 crore.
- 2022: Change in the name of the Company from Baheti Metal and Ferro Alloys Limited to Baheti Recycling Industries Limited.
- 2022: Amalgamation of ‘Yash Metals Private Limited’ with the Company.