Aditya Ispat Ltd Company Profile: Products, Promoters and Clients

Aditya Ispat Ltd Company Description

Aditya, Ispat Limited is a Private Limited Company incorporated on 18 December 1990 with its registered office in Andhra Pradesh. It was subsequently converted into a Public Limited Company in May 1992. It is a central industrial hub in India, allowing it to meet regional demand and explore export potential.

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Question 1: What are the Product and service offerings of the Aditya Ispat?

The company can manufacture Bright Steel Bars of Mild Steel, Carbon Steel, Alloy steel, HB wire, including Binding wire. The Product has wide applications in automobiles, engineering fan shafts, agriculture/irrigation implements, dairy, marine, Pharmaceuticals, and hardware industries. Their prominent products are:

• Bright Steel bar: These are of 2 types viz. Cold Drawn and Peeled, Turned. It is a primary raw material for bolts, nuts, shafts, fasteners, tools, and manual irrigation equipment.
• HB wire: Hard Bright wire is the primary raw material for welding mesh, electrodes, and hardware products.
• Annealed wire: It is a type of HB wire which has undergone the Annealing Process in the furnace and is mainly used for making Binding wire used by the construction industry.
• Steel wires: These are primarily used for making various fasteners, weld mesh, welding electrodes in the civil sector, electrical conductors and also many domestic cum commercial applications.
• Sections: Round bars, Square Bars, Hexagons, Flat Bars, Round Corner Square.

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Question 2: Who are the promoters of the Aditya Ispat?

Shri Satya Bhagwan Chachan-Managing Director

The Company was promoted by Shri S B Chachan, who is a fellow Member of the Institute of Chartered Accountants of India; apart from being a Law Graduate and Master of Commerce, he has gained vast experience In Iron and Steel during the audit of concerns engaged in Manufacturing Trading and Export of Iron and Steel. He had studied the potential of Bright Steel Bars and had vast experience in this industry over two decades.

Shri Sanjay Solanki- Independent Director

Shri Sanjay Solanki is a qualified Chartered Accountant specialising in financial restructuring and BIFR matters. In addition to their academic achievements, He has developed a model for financial restructuring for Indian corporate. He is the Chairman of the Audit Committee and a member of the Investment Grievance Committee of the company. He is also the Director of Pan Securities Ltd.

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Shri Shiv Kumar Chirania- Independent Director

Shri Shiv Kumar Chirania is a qualified Chartered Accountant engaged in practice, specialising in company acts and income tax matters.

Smt. Usha Chachan- Women Director

Smt. Usha Chauhan, the spouse of the Company's Managing Director, has business experience in small-scale industries. She is a matriculate by qualification.

Question 3: Who are the clients of Aditya Ispat Ltd?

Aditya Ispat Limited serves a diverse range of clients across various manufacturing segments. Here are some of the sectors where their products are extensively used: Automobiles, Agricultural / Irrigation implements, Dairy, Marine, Pharmaceutical, Food processing, Transformers & Switchgears, Fans & Fasteners, Construction, Hydraulic & Pneumatic, Defense & Aerospace, Components & Bearings, Engineering Industries.

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