Rathi Steel & Power Ltd
NSE: BSE: 504903
₹21.95
(-0.99%)
Tue, 03 Mar 2026, 07:29 pm
Market Cap1.9B
PE Ratio20.56
Dividend0
Non-Energy Minerals
Steel
24.5KCompany History
1940
- Late Shri Gordhan Das Rathi and his two brothers setup a Steel Rolling Mill in Delhi under the name and style Rathi Steel Rolling Mill.
1971
- Company was incorporated.
1972
- Started installation of Rolling Mill plant at Ghaziabad.
1973
- Commercial production started.
- Company entered the capital market with an equity issue.
1976
- Company entered the capital market with an equity issue of 3,80,000 Equity Shares of Rs.10/- each.
1977
- Wire Rod Mill was setup.
1978
- Company came under Grade A of ISI.
1981
- Term Loan was sanctioned by Pick up for rolling lower diameters of Wire Rods.
1982
- Expansion program for rolling lower diameters of wire rod completed.
1983
- Expanded the installed capacity from 25,000 TPA to 95,000 TPA.
1985
- Increase in the Paid up Capital via Rights Issue.
1989
- Bonus shares were issued in the ratio of two Bonus shares for every five existing equity shares.
- Company made a Rights Issue, which was over-subscribed.
- Company undertook expansion/diversification/modernization program with the financial assistance of the IFCI.
1992
- Expansion/diversification/modernization program was completed.
1993
- Company made a Rights Issue.
1999
- Company obtained ISO Certification, ISO 9002 for its quality products.
2001
- Start of production of TMT bars under THERMEX technology.
2003
- The Company recommended a dividend at 10% on the equity shares of the company.
2004
- The Company recommended a dividend at 10% on the equity shares of the company.
2005
- The Company Expanded the installed capacity from 95,000 TPA to 1,25,000 TPA.
- Installation of High Speed No Twist Block Mill for producing high quality wire rods.
- The Company Signed an MoU with the Government of Orissa for setting up an Integrated Steel Plant at Sambalpur District.
- Company appointed OSIL as a Technical Consultant.
- Installed Steel Melting Shop of 40,000 TPA.
- The Company received sanctions from Bank of Baroda and Syndicate Bank for its upcoming Integrated Steel Plant at Sambalpur.
2006
- Commencement of Production of Alloys Steel/Stainless Steel.
2007
- The Company recommended dividend of 5%.
2008
- Company name was changed from Rathi Udyog Ltd to Rathi Steel & Power Ltd.
- The Company recommended dividend at 5%.
2009
- The Company proposed Dividend at Rs. 0.30 (3%) per share.
2010
- The Company approved a Dividend at Re 0.30 (3%) per share.
2011
- The Company recommended a dividend at 3% per share.
2014
- The Registered office of the Company was shifted from old location to Chauhan Market, Madanpur Khadar, New Delhi.
2024
- Company received an order to supply stainless steel products to Bansal Wire Industries Limited.
- Company commenced implementing Cost Optimisation Project.
Open Your Free Demat Account Now!
Facebook
Twitter
Instagram
LinkedIn
Youtube
Calculators
Popular Calculators
Group Stocks
Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800