Siyaram Recycling Industries Ltd.
BBSE:SIYARAM33.85
INR
+0.93
(+2.83%)
ISIN
INE0QSK01017
Return %
Stock
S&P 500
1Y
-65.62
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Company Description
- CEO
- Bhavesh Ramgopal Maheshwari
- Full Time Employees
- 40
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- Jamnagar India
- IPO Date
- Dec 21, 2023
- Website
- siyaramindustries.co.in
- Similar Companies
- Business
- Siyaram Recycling Industries Limited is an India-based metal recycling and manufacturing company engaged in the segregation, processing, and recycling of non-ferrous metal scrap, as well as the manufacturing of brass and copper alloy products. The company operates across integrated processing and manufacturing segments, offering a comprehensive product and service portfolio that includes: brass billets and brass ingots formulated for casting, forging, and re-rolling applications; extruded brass rods, hollow sections, and custom profiles in various specifications for precision machining; manufactured brass components, including sanitary fittings, plumbing inserts, pipe connectors, and valve bodies; electrical and electronic brass hardware, such as terminal blocks, neutral links, meter parts, switchgear components, and earthing accessories; industrial fasteners, automotive parts, and gas fittings; and segregated non-ferrous metal scrap, including copper, aluminium, zinc, lead, and tin alloys for foundry and industrial re-melting use. The company procures scrap feedstock both domestically and internationally, processing materials through dedicated manufacturing and recycling units situated in Jamnagar, Gujarat, India. Siyaram Recycling Industries serves industrial clients across the electrical, automotive, construction, plumbing, electronics, and engineering sectors, distributing products domestically across India as well as exporting to select international markets. Founded in 2007, Siyaram Recycling Industries Limited is headquartered in Jamnagar, Gujarat, India. In recent corporate developments, the company transitioned to a public limited entity and completed its initial public offering (IPO) on the BSE SME platform in December 2023 to support its growth strategy. The company has deployed capital toward expanding its smelting, casting, and extrusion capacities at its Jamnagar facilities, scaling direct procurement networks for scrap imports from Europe, North America, and the Middle East, and investing in advanced sorting and testing machinery to improve yield, material purity, and production efficiency for high-grade brass alloy components.