limited file jsw frameless type public company traded as bse 500305 nse ispatind industry steel founded 1984 headquarters kalmeshwar dist nagpur india key people sajjan jindal chairman b.k singh chief executive officer products sponge iron hot rolled coils cold rolled coils galvanized sheets coils colour coated sheets revenue 105 786.9 million us 1.6 billion 2010 1 net income 3 223.4 million us 48 million number of employees 3 000 2008 parent jindal south west jsw group website www.ispatind.com jsw ispat steel ltd jisl bse 500305 nse ispatind was set up as nippon denro ispat limited in may 1984 by founding chairman mr m l mittal . 2 the company have operations in iron steel mining energy and infrastructure . it has two integrated steel plants located at dolvi and kalmeshwar in the state of maharashtra . the 1 200 acres 4.9 km2 dolvi complex houses the 3 million tonne per annum hot rolled coils plant which combines the latest technologies the conarc process for steel making and the compact strip process csp introduced in asia . the company is listed on bombay stock exchange and national stock exchange of india . it is headquartered at mumbai and employs about 3000 people . ispat industries was ranked 5th among major next to tata steel and jsw steel companies in india for the year 2008 by business world . 3 contents 1 history 2 major units 3 takeover by jsw steel 4 see also 5 references 6 external links history edit nippon denro ispat limited was incorporated in 1984 4 and was granted the first industrial license by government of india for manufacturing galvanised plain corrugated sheets . iil was set up as a cold rolling reversing mill in collaboration with hitachi ltd. of japan to manufacture a wide range of cold rolled carbon steel strips . in 1988 it installed a color coating line and was granted industrial license for cold rolled sheets . in 1994 business interests within the group were demarcated . the eldest son mr. l n mittal continued managing the international operations while mr. pramod mittal and mr. vinod mittal the younger brothers focused on steel and other businesses in india . in 1994 it commissioned the world s largest gas based single mega module plant for manufacturing direct reduced iron sponge iron at its maharashtra based dolvi plant . in 1995 hot strip mill with continuous strip processing csp technology was installed at dolvi . in 1998 integrated steel plant for the production of hot rolled coils was launched using technologies such as the conarc process for steel making and the compact strip process . year 2000 saw the erection and commissioning of a 2 mtpa blast furnace at the dolvi steel complex . sponge iron capacity was increased from 1.2 mtpa to 1.4 mtpa in the year 2003 . year 2004 saw the increase in capacity of hot rolled coil from 1.5 mtpa to 2.4 mtpa and sponge iron from 1.4 mtpa to 1.6 mtpa . major units edit 1 . integrated steel plant at dolvi maharashtra the dolvi complex has a captive port located close to it on the amba river which opens into the arabian sea . this port can handle barges and mini bulk carriers up to 4000 dry weight tonnage dwt . moreover a jetty adjoining the complex is capable of handling cargo of up to 10 million tonnes per annum . manufacturing facilities dri sponge iron plant blast furnace compact strip production 2 . integrated steel plant at kalmeshwar maharashtra the integrated steel plant at kalmeshwar uses the latest steel manufacturing technology to produce galvanised sheets and products apart from cold rolled coils . the kalmeshwar complex houses a total of three advanced plants a 0.325 million tonnes galvanized plain galvanized corrugated plant a 0.33 million tonne cold rolled coils plant and a 60 000 tonne colour coated sheets plant . manufacturing facilities cold rolling mill galvanizing line colour coating line takeover by jsw steel edit on 21 december 2010 it was declared that jsw steel will buy controlling interest in ispat industries at an enterprise value of 3 billion to emerge as india s largest private producer of the steel with an annual capacity of 14.3 million tonnes . on april 2013 the complete merger of jsw steel and jsw ispat steel has been completed . see also edit companies portal references edit http www.bseindia.com bseplus stockreach advancestockreach.aspx scripcode 500305 welcome to ispat industries limited . ispatind.com . retrieved 2010 10 30 . business world industry rankings pdf . business world . 2008 . ispat s mohan mittal makes way for son . rediff.com . 12 july 2002 . retrieved 2010 07 16 . external links edit ispat industries ltd. corporate website v t e steel industry of india companies steel bhushan steel bramhani industries essar steel goel tmt ispat industries ltd jai balaji group jsw steel ltd jindal steel and power mahindra ugine steel mukand ltd posco india prakash industries rashtriya ispat nigam steel authority of india limited tata steel uttam galva steels visa steel allied industries bharat refractories limited ferro alloys corporation nspcl tayo rolls tube products of india welspun corp ltd welspun maxsteel ltd plants integrated bhilai steel plant bokaro steel plant durgapur steel plant essar steel india ltd plants iisco steel plant rourkela steel plant visakhapatnam steel plant alloy mini visvesvaraya iron and steel plant under construction nagarnar steel plant related topics coalfields of india power stations of india automotive companies of india category v t e jsw group companies jsw energy jsw group jsw infrastructure jsw steel ltd ispat industries ltd jsw cement retrieved from https en.wikipedia.org w index.php title jsw ispat steel & oldid 651635687 categories companies based in mumbaisteel companies of indiacompanies listed on the bombay stock exchangecompanies established in 1984companies based in maharashtrajsw grouphidden categories use british english from march 2013use dmy dates from march 2013 navigation menu personal tools not logged 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