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Electrosteel Steels Limited logo
UNLISTED COMPANY PROFILE

ELECTROSTEEL STEELS LIMITED

MATERIALS LINE
INDICATIVE PRICE / SHARE
₹36
▼ 5.3% · 30-DAY
OTC REFERENCE PRICE · NOT AN OFFER TO DEAL
PRICE AS OF 02 SEPT 2026
VIEW DATA METHOD →
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INDICATIVE PRICE HISTORY · DATED OBSERVATIONS SINCE 2021

PRICE HISTORY.

Use the left and right arrow keys to inspect dated observations. Home selects the first observation and End selects the latest.

₹69
₹32
01 Apr 2128 Mar 2602 Sept 26

ALL-TIME LOW
₹32
ALL-TIME HIGH
₹69
WINDOW
ALL
NOT A STOCK-EXCHANGE QUOTE · NOT AN OFFER TO DEAL
THE TIMETABLE · KEY NUMBERS

Key numbers

Published fundamentals and the date each figure was recorded.

CALCULATION METHOD →
Market cap
₹7,211 Cr
Latest available company data
Min. investment
₹10,080
Indicative price × lot size
Lot size
280
P/B ratio
1.54
EPS
-1.44
ROE
-6.14%
Book value
₹23.42
Face value
₹10
Debt / equity
0.5
ISIN
INE481K01021
Company security identifier
THE BUSINESS · HOW IT EARNS

ESL Steel Limited, formerly Electrosteel Steels Limited, operates a fully integrated iron and steel unit at Siyaljori Village in Bokaro, Jharkhand. The company manufactures and supplies billets, TMT bars, wire rods and ductile iron pipes, and also deals in iron ore, pig iron and iron-and-steel scrap associated with its manufacturing activities. Metallurgical coke, sinter and power are produced for captive consumption. The annual report states that its products serve construction, automobile, industrial machinery and equipment, and water-infrastructure development. It reports 1.7 MTPA hot-metal-production capacity, with an expansion plan to reach 3 MTPA. The business is a subsidiary of Vedanta Limited. Its operating model combines raw-material and captive-input production with steelmaking, rolling and pipe production to supply multiple industrial and infrastructure end markets.

About this company

Electrosteel Steels Limited, now operating under the name ESL Steel Limited, is an integrated steel producer headquartered at its plant complex in the Siyaljori area of Bokaro district, Jharkhand. Incorporated in 2006, the company built a greenfield integrated steel facility and today runs operations with an installed capacity of roughly 2.5 million tonnes per annum. Its product slate spans the long-products value chain, including pig iron, billets, TMT reinforcement bars, wire rods and ductile iron pipes, supplying construction, infrastructure and industrial customers across India. The company's defining corporate event was its acquisition by Vedanta Limited in 2018 through the Corporate Insolvency Resolution Process under India's Insolvency and Bankruptcy Code. Vedanta gained management control and majority ownership, and the company was subsequently removed from the stock exchanges, transitioning into the unlisted market while continuing as a Vedanta group steel asset. It has since been rebranded as ESL Steel Limited. As part of a large, diversified natural-resources conglomerate, ESL benefits from group-level access to raw materials, capital and operational expertise, while its registrar and transfer functions are handled through KFin Technologies, with shares held in dematerialised form via NSDL and CDSL. In the unlisted-shares market, Electrosteel Steels draws attention primarily because of its association with the Vedanta group and the recurring corporate-action narrative around it. Vedanta has, at various points, indicated intentions involving its steel portfolio, and market participants track the company partly for visibility into how that vertical evolves. Its scale as a multi-million-tonne integrated plant, its presence in eastern India's steel belt close to raw-material sources, and its identity as a formerly listed entity now trading off-exchange all contribute to investor curiosity. As an unlisted security, its shares are traded over the counter at indicative prices that reflect negotiated transactions rather than a continuous exchange order book.

COMPANY AT A GLANCE
Sector lineMaterials
SettlementNSDL / CDSL
Incorporated2006
Listing statusUnlisted / Pre-IPO
*INDICATIVE · TIMELINE MAY CHANGE · NOTHING FINAL UNTIL THE RHP

COMPANY REGISTRY · ON FILE

PUBLIC OR ADMIN-SUPPLIED DATA · VERIFY INDEPENDENTLY
CIN
U27310JH2006PLC012663
PAN
AABCE6875H
Incorporated
2006
Outstanding shares
1,84,90,30,224 (1.849 billion equity shares)
Registered office
Village Siyaljori, Post Jogidih, O.P. Bangaria, P.S. Chandankyari, Bokaro 828303, Jharkhand, India
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THE LOGBOOK · FINANCIALS BY YEAR

WHAT THE ENGINE HAS DONE.

AMOUNT UNIT NOT VERIFIEDFY21FY22FY23FY24FY25
REVENUE4,68,3006,48,4007,85,3008,30,3007,92,800
PAT2,73,200-9,460-55,790-96,760-26,620
EPS (₹)15-1-3-5-1
PAT MARGIN58%-1%-7%-12%-3%
CAUTION · AMOUNT UNIT AND FIELD-LEVEL SOURCES HAVE NOT BEEN VERIFIED · DO NOT RELY ON THESE FIGURES WITHOUT CHECKING THE COMPANY FILING

THE CREW · BOARD & MANAGEMENT

Arun Misra
Non-Executive Director / Chairman
Thomas Mathew T
Independent Director
Subodh Kumar Rai
Independent Director
Agnivesh Agarwal
Director
Poovannan Sumathi
Director
Ravish Sharma
Whole Time Director
COMPANY TIMELINE · EVENTS
13th Annual General Meeting scheduled (29 Sep 2020)
READ THE NOTICE →
THE GLOVEBOX · ANNUAL REPORTS
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NON-BINDING · NO PAYMENT · NOT AN OFFER TO DEAL
RESEARCH DESK · QUESTIONS

COMMON QUESTIONS.

Is Electrosteel Steels Limited listed on the stock exchange?+

No. As of 2 September 2026, Electrosteel Steels Limited is an unlisted company whose shares trade over-the-counter; it would list only if and when it completes an IPO.

What is the Electrosteel Steels Limited unlisted share price?+

As of 2 September 2026, the indicative unlisted share price of Electrosteel Steels Limited is ₹36 per share. This is an over-the-counter reference price, not a stock-exchange quote.

What indicative minimum amount is displayed for Electrosteel Steels Limited unlisted shares?+

The displayed unit count is 280 share(s); at the indicative price of about ₹36, the displayed amount is approximately ₹10,080. This is a display convention, not evidence of inventory, an order minimum or a quote.

What is the ISIN of Electrosteel Steels Limited?+

The recorded ISIN of Electrosteel Steels Limited is INE481K01021. An ISIN is a 12-character security identifier. Verify it against the issuer and the relevant depository record before using it for any transfer or documentation.

Is trading in Electrosteel Steels Limited unlisted shares legal in India?+

Unlisted shares can be transferred off-market in India, but the legal, tax and compliance position depends on the security, parties, documents and current rules. Verify the intermediary, issuer restrictions and applicable requirements before proceeding.

Is there a lock-in period for unlisted shares?+

A post-listing lock-in may apply under the rules in force at the time. The period and any exemptions can depend on the holder and acquisition, so check the current regulation and the issuer's offer documents rather than relying on a generic period.

Do you guarantee returns?+

No. Unlisted shares carry higher risk and lower liquidity than listed shares. Returns depend on company performance, market conditions and future listing outcomes. This is information only, not investment advice.

SIMILAR COMPANY PROFILES
MATERIALS LINE.
Prices shown are indicative over-the-counter reference prices, not an offer to deal. This page is information only and not investment advice. Unlisted shares carry higher risk and lower liquidity than listed shares. Settlement to your own demat account via NSDL / CDSL through registered intermediaries.
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