Steel Exchange India Ltd Company Summary

Steel Exchange India Ltd is an India-based company. The company operates in six divisions, namely Trading Division, Steel Melting Division, Rolling Division, Wire Drawing and HC Wire Products & Galvanized Wire Division, Pyxis Software Division and Sponge Iron Division.The companys Trading Division deals with a range of products, such as sponge iron, semi and finished steel products. They also deal with the products manufactured by RINL (Vizag Steel), their own manufacturing divisions and other manufacturers for special products. The Steel Melting Division manufactures ingots using sponge iron and scrap/ pig iron. The Rolling Division of the company has two rolling units producing thousand metric tons (TMT) bars and steel rebars. The two units of Wire Drawing and HC Wire Products & Galvanized Wire Division produce wire products, carbon steel wire products and galvanized wire products. The companys Pyxis Software Division deals with the development of software and software products. The Sponge Iron Division is located at Viziznagaram District, which is having a capacity of 225,000 TPA.Steel Exchange India Ltd was incorporated in the year 1999 as a public limited company. Steel Exchange India Limited acquired a well-established steel specific vertical B2B portal www.steelexchangeindia.com, which had been promoted and developed by its holding company Pyxis Technology Solutions.As per the scheme of amalgamation, Steel Exchange India Ltd and Simhadri Steels Pvt Ltd were amalgamated with the company and the name was changed to Steel Exchange India Ltd with effect from April 2003.During the year 2006-07, the company entered a scheme of arrangement with Vizag Profiles Ltd for transferring the Steel Division of Vizag Profiles Ltd to the company. Vizag Profiles Ltd merged with the company with effect from April 1, 2006.During the year 2008-09, the company took on lease 225,000 TPA Sponge Iron unit of GSAL (India) Ltd with effect from October 1, 2008. Also, they decided to sell/ dispose off the old Rolling Mill situated in Andhra Pradesh.The Draft Scheme of Amalgamation of Simhadri Power Limited (SPL) and Steel Exchange India Ltd (SEIL/ the Company) was approved by the Board in July, 2013 and made effective from 1st April, 2013, as the Appointed Date. Consequently, the transfer of and vesting of the business Undertaking of SPL stood transferred and was taken over by SEIL.

ATTENTION INVESTORS

Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

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Risk Disclosure on Derivatives

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to Rs. 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.

ATTENTION INVESTORS

Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

Risk Disclosure on Derivatives

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to Rs. 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.

Steel Exchange India Ltd Company Summary

ATTENTION INVESTORS

Risk Disclosure on Derivatives

We are ISO 27001:2013 Certified.

MARKET

IDEAS

MUTUAL FUNDS

TRADING DOCUMENTATION

CALCULATOR

GLOSSARY (A-Z)

ATTENTION INVESTORS

Risk Disclosure on Derivatives

We are ISO 27001:2013 Certified.