Shiv Aum Steels Limited SME IPO

Incorporated in 2002, Shiv Aum Steels Limited (SASL) is a trader, distributor, and stockist of mild steel products and an authorized distributor of products from Jindal Steel & Power Limited (JSPL). SASL has entered into MoU with Rashtriya Ispat Nigam Limited (RINL) & Steel Authority of India (SAIL) to procure steel products. The company procures the products of Vandana Ispat Limited, Monnet Ispat & Energy Limited and other manufacturers as well. Shiv Aum Steels deals with various steel products like Plates, T - Angles, C Channels, I - Beams, Coils, H - Beams, TMT Bars, Columns and Rails in all sizes based on customer's requirements. The company follows the indirect sales model where it plays a connecting role between steel manufacturers and end-users. Currently, SASL is focussing on domestic markets only and supplies the products to small steel processing units, infrastructure & real estate developers and large EPC companies.

Company Promoters: Sanjay Bansal, Ajay Bansal, Jatin Mehta, and Jatin Mehta HUF