Kridhan Infra Ltd Summary
Kridhan Infra Limited was erstwhile known as Readymade Steel India Limited established on March 21, 2006. The Company name was changed from Readymade Steel India Limited to Kridhan Infra Limited w.e.f. June 24, 2014.
Kridhan Infra Limited is a steel service provider to the fast growing infrastructure sector. It operates the processing of steel used in the construction industry primarily reinforcement bars into various shapes and sizes like cranked bars, stirrups, verticals, column/ beam cages etc. Their product include ready to use steel, primarily re-bars to be used in construction activities in sectors like roads, power plants, ports, airports, housing, bridges, metros, monorails etc.The Company is having their manufacturing facilities located at Khopoli in Maharashtra and is engaged in trading in iron and steel and allied materials.
The Company has evolved from a steel products manufacturer to a niche foundation engineering company. Initially, the company set up their facilities at Bangalore and commenced their test operations in 2007. But, they ceased their operations from Bangalore units during the year same year itself.
In 2008, it set up a new unit in Khopoli, Maharashtra with an installed capacity of 27000 MTPAThe Company acquired KH Foges Pte. Limited through its wholly owned subsidiary Readymade Steel Singapore Pte. Limited in Jul 2012-13.
KH Foges Pte. Ltd incorporated its wholly owned subsidiary KH Foges India Private Limited in May 2013 to expand their operations of piling and other foundation engineering works in India. The Company established Readymade Steel Hong Kong Limited a wholly owned subsidiary company in Hong Kong.
The Company acquired 42% stake in Singapores leading civil construction company, Swee Hong Limited (SHL) in February, 2016. It developed some of the marquee projects in Singapore such as Gardens By The Bay and Changi Ferry Terminal.During the year 2017-18, the Company acquired 41.47% stake in Vijay Nirman Company Pvt. Ltd.
(VNC) and resultant to said acquisition, VNC became an associate Company of KIL.Kridhan lnfra Solutions Private Limited was incorporated as a wholly owned subsidiary of the Company in FY2024-25.