Visa Steel Ltd
NSE: VISASTEEL BSE: 532721
₹28.37
(-4.99%)
Fri, 03 Apr 2026, 02:09 am
Market Cap3.58B
PE Ratio0
Dividend0
Company History
1996
- The company was incorporated as VISA INDUSTRIES LIMITED.
1999
- The company's Registered Office shifted to its own premises at 11, Ekamra Kanan, Nayapalli, Bhubaneswar - 751 015, Orissa.
2004
- The High Court of Orissa and the High Court at Calcutta approved the Scheme of Amalgamation of Visa Energy Resources Limited into the company.
- The RoC issued the Certificate of registration of order of the High Court of Orissa, Cuttack.
- Visa Energy Resources Limited was amalgamated into the company.
2005
- The company changed its name from Visa Industries Ltd. to Visa Steel Ltd.
- The company was issued a fresh certificate of incorporation by the RoC.
2006
- Visa Steel fixed the price band for its initial public offering at Rs 52-57 per share.
- The company entered the capital market with an issue of 3.5 crore shares of Rs 10 each through a 100 per cent book-building process.
2008
- Visa Steel Ltd appointed Mr. Shiv Dayal Kapoor as an Additional Director on the Board of Directors of the Company.
2009
- Visa Steel recommenced operation of its Ferro Chrome Plant.
- The company commenced operation of its 2nd 25MW Power Plant situated at Kalinganagar Industrial Complex, Jaipur, Orissa.
2010
- Visa Steel signed an MOU with the Madhya Pradesh Trade & Investment Facilitation Corporation Ltd.
2011
- Visa Steel Ltd recommended a dividend of 10% on Equity shares.
2012
- Visa Steel inked an agreement with SunCoke to establish a cokemaking joint venture.
2013
- The Company approved the Scheme of Amalgamation of Kalinganagar Metcoke Private Limited with VISA Steel Limited.
- Visa Steel formed a joint venture with SunCoke Energy, Inc. with 51% ownership.
- Visa Steel and Suncoke Energy formed a joint venture in India.
2014
- The Company appointed Mr. Punkaj Kumar Bajaj as Joint Managing Director and CEO (Steel Business) of the Company.
2015
- The Company merged VISA Bao Limited with Visa Steel Limited.
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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