Electrosteel Steels unlisted share price

Price history

About

ESL Steel Limited, earlier called Electrosteel Steels Limited, is a fully integrated iron and steel maker. Its plant is at Siyaljori village in Bokaro, Jharkhand. The company makes and sells billets, TMT bars, wire rods and ductile iron (DI) pipes. It also deals in iron ore, pig iron and scrap linked to its manufacturing, and makes metallurgical coke, sinter and power for its own use. The plant currently has a hot metal capacity of 1.7 MTPA. An expansion to 3 MTPA is under way. In FY25 the company produced 1.427 MT of hot metal, down 3% from the year before, and saleable production of 1.337 MT, down 4%. The annual report links the dip to a shutdown for debottlenecking of the steel melting shop and major maintenance of the oxygen plant. The numbers below are from the audited FY25 financial statements, which are in ₹ lakh. Revenue from operations was ₹8,14,707.69 lakh, against ₹8,57,831.07 lakh in FY24. The company still made a loss after tax of ₹26,619.31 lakh in FY25, much narrower than the loss of ₹96,756.82 lakh in FY24. Basic and diluted EPS was minus ₹1.44. Total equity at 31 March 2025 was ₹4,33,095.00 lakh. ESL was taken over by Vedanta Limited through an insolvency resolution plan approved by the NCLT. Vedanta Limited holds 95.49% of the equity, which is 1,76,55,53,040 shares of ₹10 each. The company has 1,84,90,30,224 equity shares of ₹10 each in issue. The annual report records that operations continue under the direction of the Supreme Court while the plant's environmental clearances and consent to operate are pending. ESL Steel is not listed on any stock exchange and has not announced an IPO. Its unlisted shares are traded off-market between private parties, and the price on this page is an indicative figure, currently ₹34 per share with a lot size of 1000 shares. At that price the implied market cap is about ₹6286.7 crore. Prices can move quickly and there is no exchange to guarantee a trade.