Gallantt Group of Industries Gallantt Group of Industries
Gallantt Group of Industries
Gallantt Group of Industries
Gallantt Group of Industries
Gallantt Group of Industries
Gallantt Group of Industries
Gallantt Group of Industries
Gallantt Group of Industries Gallantt Group of Industries Gallantt Group of Industries Gallantt Group of Industries Gallantt Group of Industries
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Gallant
Gallant
Gallant
Gallant
Gallantt Group of Industries
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GALLANTT METAL LIMITED

COMPANY OVERVIEW

Gallantt Metal Limited (GML) has become a well established public limited company, listed on both the premier stock exchanges of India viz. Bombay Stock Exchange Limited and National Stock Exchange of India Limited. GML is one of the companies of "Gallantt Group" which was incorporated in 2005 The Company was incorporated in February 2005 at Kolkata and is promoted by Mr. Chandra Prakash Agrawal, Mr. Dinesh Kumar Agrawal, and Mr. Nitin M Kandoi, with an object to carry on the business of manufacturers, producers etc. in all kinds of iron and steel products such as sponge iron, pig iron, cast iron, bars, rods, billets, Captive power plant etc.

It is one of the fast and aggressively growing organizations, which has captured a substantial market of Sponge Iron, M.S., Billets and TMT Bars in the Western region of India within a short span of time. The group has about three decades of experience in steel and food processing industries and is well known by its brand name "Gallantt" which is ISO 9001:2008 & ISI certified. We are currently catering to various reputed clients such as Adani, Reliance, L&T, Sapur Ji Palan Ji etc.

The in house consumption of entire Sponge Iron to manufacture billets which is further rolled into TMT bars along with installation of captive power plant to utilize the waste heat improves profitability of the company thereby making it economically more viable. At GML, success is measured in terms of customer satisfaction and quality that is built into every product. The value of commitment to quality is also cherished by each of our staff members. This growth has been achieved by a maintained strategy of continual investment in our manufacturing facilities and technology.  As a testimony to this "Gallantt" has become one the major secondary steel producers in India.

Company sells substantial part of its production in Gujrat, Maharashtra and Rajasthan Acknowledging the region’s enormous potential for steel consumption, we have planned to expand the present installed capacity in a phased manner.  Such a step would require a huge investment within a short span of two years, for which Company is well equipped with. At Gallantt Metal, we have evolved an agile business model, which can respond to the rapidly evolving market realities with speed and has helped us to consistently achieve volume guidance over the years. During past few years, despite sluggish demand, our model of marketing achieved higher sales target.

Company has set up an integrated steel plant at Survey No. 175/1, Village Samakhyali, Taluka Bachau, Kutch - Gujrat, to manufacture Sponge Iron, Mild steel billets, Re-Rolled products (TMT bars). Considering the power requirements of our existing manufacturing facilities, our Company also set up a captive power plant of 25 MW to meet its requirement of power. Company has already commenced commercial production of all the units.

The in house consumption of entire Sponge Iron to manufacture billets which is further rolled into TMT bars along with installation of captive power plant to utilize the waste heat would improve the profitability of the project thereby making it economically more viable.

EXPANSION PLAN

Company has already taken an expansion plan as detailed below, with an investment of approx Rs.100 crores and part of it has already become operational and the rest shall be completed by end of 2015.
                                                                                                     Capacity in MTPA

Products

Existing Capacity

Proposed

TOTAL

Sponge Iron

175500

49500

225000

Steel Melt Shop

178200

158400

336600

Rolling Mill

171963

158037

330000

Captive Power Plant

25 MW

8 MW

33 MW

KARNATKA PROJECT

A new project of 0.6 million ton Pellet Plant with an investment of Rs.200 crores at Hospet, Karnataka is under detailed planning and 100 acres of land for the same has already been procured.

EXCELLENT TRACK RECORD OF LOAN REPAYMENT

An amount of Rs. 190 crores was sanctioned and disbursed to Gallantt Metal Limited, Gujrat,  by State Bank of India and other consortium member banks which was due to be repaid by September 2016; but company has repaid Rs.176 crores by October 2014 leaving just Rs. 14 crores which shall be repaid before March 2015 thus making the company debt free except for the working capital loan.



 




OUR PRODUCTS
Sponge Iron | M. S. Billets | Rolling Mill| Wheat Products