Sky Alloys and Power Ltd.
Price Range
TBA
Issue Size
TBA
Lot Size
1 Shares
Min. Investment
TBA
Financial Summary
(in crores)| Particulars | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Operating Revenue | 8,192.4 | 6,296.88 |
| Other Income | 18.52 | 15.43 |
| Total Income | 8,210.92 | 6,312.31 |
| Total Expenses | 7,107.88 | 5,404.47 |
| Profit Before Tax | 723.49 | 635.69 |
| Total Profit | 530.46 | 449.67 |
Subscription Details
Use of Proceeds
| # | Purpose | Amount (₹ Cr) |
|---|---|---|
| 1 | Repayment and/or pre-payment of borrowings | 1,900 |
About the Company
We are a steel manufacturing company producing a diverse range of products, including Sponge Iron, Mild Steel Billets, Ferro-Alloys, and TMT bars from our manufacturing facilities located at Raigarh, in the State of Chhattisgarh. Our Company commenced operations with the installation of our first DRI plant in Raigarh, Chhattisgarh. Our Company’s product portfolio includes sponge iron, MS Billets, TMT bars, and ferro alloys, such as Silico Manganese. In line with our growth strategy, we undertook a significant expansion of our production capacities in Fiscal 2022which was approved by the Directorate of Industries, Government of Chhattisgarh. Our Company is recognized as a "Mega" Manufacturing Enterprise by the Directorate of Industries, Chhattisgarh and our Manufacturing Unit will obtain incentives under the "Be Spoke Policy" in accordance with the provisions of the Chhattisgarh State's Industrial Policy 2019-24.
Use of Proceeds
1. Repayment and/or pre-payment of borrowings; and 2. General corporate purposes.