Home >> Business Profiles >> Isibars Ltd |
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Iron & Steel |
Business Summary |
Isibars stands for the modern industrial spirit in India. It is a company geared to the highest global standards over a wide range of steel long products. The Isibars Group is founded as India Steel Industries, with a plant in Wadala, Central Mumbai for manufacturing Bright Bars and other items. Isibars starts a plant in Turbhe, Navi Mumbai for manufacture of Stainless Steel Bright Bars. Isibars gets listed on the Stock Exchange with an initial public offer of Rs. 16.7 million, which is heavily oversubscribed. Isibars integrates backward into Steel Melting and Hot-Rolling by acquiring a steel plant in Khopoli, and work begins to expand capacity, upgrade technology and increase product range. Isibars floats a joint venture marketing company, Isibars Europe GmbH based in Dusseldorf, Germany, for better customer service, and starts a wire division by setting up a Wire-Drawing plant at Khalapur under the name Isinox Steels Ltd. A Bright Bar Division is started at Khopoli and the Bright Bar capacity at Navi Mumbai is increased. Isibars sets up a state-of-the-art Bar & Rod Rolling Mill sourced from Pomini S.p.A. of Italy, at Khopoli. Isibars is well on its way to becoming a leading global player in stainless steel long products. |
Company Website | http://www.isibar.com |
Phone | +91-22-24145582 |
Contact Address Details |
Office Address |
C 63, MIDC Estates, TTC Area, Turbhe, Navi Mumbai 400705
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