Ramsarup Industries
RAMSARUP · Infrastructure > Engineering - Construction · Chairman: Aashish Jhunjhunwala · MD: Aashish Jhunjhunwala · Listing date: July 9, 2007 · Kolkata · http://www.ramsarup.com

Ramsarup Industries, a Ramsarup Group company, was originally incorporated as Karunanidhi Investments & Trading Company Limited on July 09, 1979 under the Companies Act, 1956 with Registration No. 21-32113 with Registrar of Companies, West Bengal. The name was changed to Ramsarup Engineering Industries Limited on June 11, 2002 and subsequently changed to Ramsarup Industries Limited on March 30, 2005.

The company operates through its only office at Kolkata and works at Kalyani, Durgapur, Shyamnagar & Kharagpur  even though it sells material from Kutch to Kamrup and Kashmir to Kanyakumari in India.

The Ramsarup Group is one of the few manufacturers in India to provide the whole range of TMT products (Size range from 8mm to 40 mm) under Thermax technology. Further, the company is one of the largest steel wire producers in India with a capacity of 1,37,000 tonnes of wire drawing and 60,000 tonnes of galvanized wires per annum.

The company is listed at National Stock Exchange, Bombay Stock Exchange and Calcutta Stock Exchange.

Pursuant to the order of the KolkataHigh Court, esrtwhile Ramsarup Lohh Udyog Limited has been amlagmated with Ramsarup Industries Limited and functioning as one of the unit of RIL. Broad customer base both in terms of segment & geographical spread. Power is the major thrust area, with almost 40% of the topline coming from the power sector

Products manufactured by the company:

GI Wires

  • Galvanised Steel Strand
  • H.B. Wires for Nails 
  • Cable Armour Wires (Round)
  • Cable Armouring Formed Wire
  • ACSR Core Wire Single
  • ACSR Core Wire Stranded & Many more

TMT Bars

Ramsarup TMT Bars - Total Majbooti Aur Bachat - derives its strength from the following Raw Material used.The raw material used for producing the bars is of IS2830 Billets and the technology is Thermex, provided by H & K Rolling Mills Engineers Pvt. Ltd., Mumbai, the exclusive collaborator for Indian territory, of M/s HSE Germany, the developers and patent holder of the coveted Thermex® Technology.Technology adopted Complete size range from 8mm to 40 mm State-of-art Laboratory Dedicated workforce Customer friendly approach

Subsidiaries:

  • Ramsarup Industrial Corporation
  • Ramsarup Utpadak
  • Ramsarup Vidyut
  • Ramsarup Infrastructure
  • Ramsarup Nirman Wires
  • NC Das & Co.
  • Ramsarup Lohh Udyog

Milestones

  • 1979 Incorporation of Karunanidhi Investments & Trading Company Limited
  • 1980 Public Issue of 1,98,600 shares and listing of 200000 equity shares of the company
  • 2000 Transfer of control by acquisition of equity shares of the company through adherence of SEBI (SubstantialAcquisition of Shares and Takeovers) Regulations 1997 by  Ashish Jhunjhunwala.
  • 2000 Further Preferential Allotment to Ashish Jhunjhunwala
  • 2001 The company REIL which was promoted by Mr. Jhunjhunwala was amalgamated with the company KITL.
  • 2002 The name of KITL was changed to Ramsarup Engineering Industries Limited
  • 2002 Ramsarup Engineering Industries Limited acquired the steel division of Nicco Corporation Limited in August andthe activity of the unit is carried on under the name and style of Ramsarup Bars & Rods (RBR) as the second unit.
  • 2003 The loss making unit for Nicco Corporation was transformed into a profit making unit for the company
  • 2004 TMT Mill commenced production
  • 2005 Listing and trading permission received for the remaining equity share capital of 5446900 shares of the company.
  • 2005 Wind Mill of 3.75 MW commissioned in Dhule, Maharashtra
  • 2005 The name of REIL was further changed to Ramsarup Industries Limited
  • 2005 Awarded the status of One Star Export House

Future plan

Ramsarup Industries is in process to increase its wire capacity from 2,88,000 MTs. to 6,00,000 Mts per annum consisting of LRPC & other special grades of wires. Ramsarup Group is planning to produce various wires downstream products in order to have further value addition for power and infrastructure sector. The company has acquired 60 acres land in West Bengal. Major plant and machinery being imported from Italy.