Bedi Steels Limited - IPO

Incorporated in 1992, Bedi Steels Limited is engaged in manufacturing of alloy steel ingots in Northern India. The company specializes in producing high-quality alloy steel ingots and offers a diverse range of products, including round bars, square bars (RCS), hex bars, flat bars, and bright bars.

The company provides a variety of steel products such as TMT bars, steel bars, steel structures, and steel billets.

The company has a manufacturing plant in Doraha, Ludhiana, Punjab, covering 13,750 sq. yards. It features a 320x80 ft shed with two 10-tonne furnaces, producing 10 tonnes of ingots every two hours.

To enhance its value chain, the company is establishing a rolling mill in Ludhiana with an annual production capacity of 70,000 tons. This mill will produce round bars, RCS/square bars, hex bars, and flat bars, with operations expected to commence in April 2025.

Products Portfolio:

• Ingots: Metal blocks cast for storage, transportation, and manufacturing, available in 50 grades.
• Round Bars: Cylindrical bars used in automotive, aerospace, and machinery for gears, shafts, and fasteners.
• Hex Bars: Hexagonal bars ideal for fasteners, offering strong grip and torque in mechanical industries.
• Flat Bars: Rectangular bars used for brackets, frames, and agricultural equipment with broad surface areas.
• Square Bars: Uniform square bars for construction, engineering, tools, and automotive components with stable strength.

As of March 28, 2025, the company has a total of 25 permanent employees & 15-20 employees per shift on contract basis.

Competitive Strengths:

• Skilled Promoters and Management Team
• Wide Products Range and Customization Capability
• Cutting-edge Technology
• Wide acceptance of product across the industrie
• Improving Financial Position