- CEO
- Anil Sainani
- Full Time Employees
- 33
- Sector
- Non-energy minerals
- Industry
- Steel
- Address
- Shiv Ashish Commercial Complex Mumbai MA India 400071
- IPO Date
- Jul 7, 2005
- Business
- Shree Steel Wire Ropes Limited manufactures and sells steel wire ropes, strands, slings, three pulley type regulating equipment, section insulator assemblies, and allied products including railway overhead equipment (OHE) components and non-ferrous castings such as aluminum alloys, aluminum bronze, and brass; the company operates a quality machine shop for machining cast items and maintains physical and chemical testing laboratories. Founded in 1972 and headquartered in Mumbai, India, with its manufacturing plant located at Khopoli near Mumbai, the company serves diverse industries including general engineering, shipping, fishing, mining, oil well exploration, construction, aerial applications, deep sea exploration, railways, port trusts, ONGC, Oil India, defense, steel plants, Department of Atomic Energy, and cold fields across India. Its products meet international standards such as BS, DIN, GOST, API, and Federal, with approvals from agencies including Lloyd's, American Bureau of Shipping, Bureau Veritas, and SGS India Ltd..
In recent developments, the company held its 33rd Annual General Meeting on August 25, 2025, approving director reappointments, related party transactions up to Rs. 1 crore, and the appointment of a new Managing Director, reflecting ongoing governance and leadership enhancements. Shree Steel Wire Ropes continues to focus on import substitution through indigenous development of engineering components, capacity expansion via new machinery replacements to boost production efficiency, and diversification into additional manufacturing items amid market conditions, while maintaining a near debt-free status with 46 employees. The company trades on the Bombay Stock Exchange under the ticker SSWRL.BO (513488) and remains a key supplier to major Indian infrastructure and industrial projects.