Ahmedabad Steelcraft Share Price

Ahemdabad Steelcraft was originally set up as a partnership firm in the late sixties. The company had a lot of teething troubles at the initial stage in getting rolling technology and also due to non-availability of raw materials. Thereafter, the operations of the company was streamlined in 1972 when the partnerhship firm was dissolved and the unit was converted into a private limited company and incorporated under the name and style of Ahmedabad Steelcraft & Rolling Mills Pvt. Ltd. Subsequently the name of the Company was changed to its present one in Jan.'89. It initially started its operations by manufacturing the most commonly used structurals like rods, flats, etc, and gradually gained expertise to roll hi-tech sections. Subsequently, the company also ventured into rolling more complicated sections and full range of ISI, British and Belgium Standard sections. Presently the company is a leading manufacturer of mild steel window sections, door & ventilator sections. It is also a leading exporter of the sections for the last several years. The company has diversified and has started bright bar division for manufacturing special profiles and shapes of high precision for textile machinery manufacturers. ASL was selected for 'ALL INDIA CERTIFICATE FOR EXCELLENCE' for the year 1998-99 by Engineering Export Promotion Council. The company's windmill, which has closed down due to severe cyclone in June, 1998, starting refunctioning in June, 1999. During 2000-2001 the company has restarted the Second rolling mill, as the scope is more brighter for this sector.