OCL Iron & Steel Ltd Company Summary

OCL Iron and Steel Ltd is engaged in the manufacture of MS Billets. The company manufactures and sells steel billets and sponge iron products in India. They also generate and sell electricity. They are having their manufacturing facility located at Rajgangpur in Orissa.OCL Iron and Steel Ltd was incorporated on February 20, 2006 as a wholly owned subsidiary of OCL India Ltd to engage in the business of manufacturing all kinds of Iron & Steel etc. The company obtained certificate for commencement of business on March 20, 2006.As per the scheme of arrangement, the steel undertaking of OCL India Ltd was de-merged and transferred into the company. The scheme became effective from December 20, 2007 and the appointed date under the scheme was January 1. 2007. Also, the company ceased to the subsidiary of OCL India Ltd as a result of allotment of shares by the respective company to the shareholders of the company as per the scheme of arrangement.In September 20, 2007, the company entered into an MoU with Kuettner GmbH & Co KG (KKG), Germany for engineering and supply of Iron & Steel making plant based on the OXYCUP technology to product 2 lakh tonne per annum of quality steel.During the year 2009-10, Garima Buildprop Pvt Ltd acquired 60.83% shares from the outgoing promoters of the company and further acquired 15.38% shares from the general public through open offer which resulted in acquisition of 76.21% equity stake in the company. Consequent to the above acquisition, Garima Buildprop Pvt Ltd became the holding company and the new promoter of the company.

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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

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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.

OCL Iron & Steel Ltd Company Summary

ATTENTION INVESTORS

Risk Disclosure on Derivatives

We are ISO 27001:2013 Certified.

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ATTENTION INVESTORS

Risk Disclosure on Derivatives

We are ISO 27001:2013 Certified.