Gallantt Ispat
GALLANTT · Metals & Mining > Steel & Iron Products · Chairman: Chandra Prakash Agrawal · MD: Chandra Prakash Agrawal · Listing date: April 4, 2006 · Employees: 1047 · KUTCH · http://www.gallantt.com/gallantt-metal-limited/

Gallantt Ispat (GIL) is a flagship of the Gallantt Group and has swiftly risen to become a leading integrated steel producer in India. Operating major manufacturing facilities in Gujarat and Uttar Pradesh, GIL’s backward-integrated model, captive mining assets and advanced technology reinforce its competitive edge in the steel industry.

The Company manufactures a gamut of iron & steel products, strengthened by captive power plant that ensures resilience, cost efficiency and long-term sustainability. Its journey is powered by modernisation, capacity expansion and digital transformation, while also venturing into real estate and infrastructure to broaden horizons.

Business area of the company

The company is engaged in the business of manufacture of Iron and Steel and power generation. Customers include Real Estate Developers, Construction Industries, Government Organisations and corporate customers. Products are sold through the network of dealers and distributors. Also, the company sells products directly to the bulk buyers and participate in auction of Government and Non-Government organisations. Further, the company is also engaged in the business of Real Estate.

Products of the company

The company offers an integrated steel solution for a wide range of industry needs. Its product portfolio includes:

  • High-strength TMT bars for construction
  • MS Billets
  • Iron ore pellets
  • Power (for captive consumption)

Awards and accolades 

  • 2018-19: The “Top Challengers Award 2018” by Construction World Magazine.
  • 2018-19: Cover Story in Steel 360 Magazine in May 2018 edition.
  • 2019-20: Listed “200 BEST UNDER A BILLION COMPANIES” in Forbes Asia Magazine, July/August 2019 edition.
  • 2020-21: Industry outlook Magazine recognised Gallantt under “TOP 10 TMT IRON & STEEL MANUFACTURES 2021”.
  • 2022-23: North India Best Employer Brand: Awarded by Employer Branding Institute.
  • 2023-24: Gallantt Group recognised as the highest tax payers for financial year 2023-24 by the State Tax Department, Gorakhpur, Uttar Pradesh.
  • 2024-25: Company was awarded the IIA Kohinoor Award from the Indian Industries Association, Lucknow for excellence in steel manufacturing.

Milestones

  • 2005: Commencement of commercial operations at a 1.7 lakh MTPA integrated steel plant in Kutch, Gujarat with Sponge Iron capacity of 99,000 MTPA, MS Billets capacity of 1,76,420 MTPA and TMT Bars capacity of 1,68,300 MTPA.
  • 2006: Launch of Initial Public Offering (IPO) and listing of shares.
  • 2009: Commissioning of a 1.67 lakh MTPA integrated steel plant at Gorakhpur, Uttar Pradesh.
  • 2010: Establishment of a private railway siding at the Gorakhpur unit.
  • 2014: Prepayment of term loan availed for setting up the Gorakhpur unit.
  • 2015: Acquisition of around 27.5 acres of prime land in the heart of Gorakhpur city.
  • 2020: Completion of premium real estate housing projects at Mahanagar, Lucknow, in partnership with Shalimar Corp.
  • 2021: Appointment of Superstar Ajay Devgn as brand ambassador of the Company.
  • 2022: Major capacity expansions across both Gujarat and Gorakhpur units, consolidating operations into a stronger integrated model.
  • 2022: Captive power plant capacity standing at 129 MW across both units after successive installations and upgrades.
  • 2022: Commencement of development of Gorakhpur Medicity and installation of a modern Wagon Tippler at the Gorakhpur unit.
  • 2023: Completion of backward integration with the commissioning of a Pellet Plant at Gorakhpur Unit (capacity: 7,92,000 MTPA).
  • 2023: Acquisition of two railway rakes for smooth movement of raw materials from ports and mining regions to manufacturing facilities with an investment of Rs 5,500 Lakhs.
  • 2024: Commissioning of a Additional Direct Reduced Iron (DRI) Kiln with a capacity of 1,65,000 MTPA at Gorakhpur, with a total project cost of Rs 12,500 Lakhs.
  • 2024: Installation of an additional 30-ton furnace, enhancing production capability by 10% and improving utilisation.
  • 2024: Declared as successful “Preferred Bidder” for the Todupura Iron Ore Block (District Karauli, Rajasthan).
  • 2025: Declared as successful “Preferred Bidder” for Iron Ore mines at Block - B, Bharhari and Block C, Near Sobna Chakriya in the State of Uttar Pradesh.