- CEO
- Saket Agrawal
- Full Time Employees
- 1,212
- Sector
- Non-energy minerals
- Industry
- Steel
- Address
- South City Business Park Kolkata WB India 700107
- IPO Date
- Jun 20, 2005
- Business
- MSP Steel & Power Limited (MSPL.NS) manufactures and sells steel products including sponge iron, billets, TMT bars, structural steel, wire rods and ferro alloys. The company operates integrated steel plants with captive power generation; provides engineering, procurement and construction services for steel plants; and engages in mining activities. MSP Steel & Power serves domestic markets in India, primarily construction, infrastructure and manufacturing sectors, with operations concentrated in the states of Chhattisgarh and Rajasthan; the company was founded in 2005 and is headquartered in Raipur, India.
In recent developments, MSP Steel & Power completed the acquisition of Abhijeet Infrastructure Limited's integrated steel plant in Patratu, Jharkhand, in 2024, significantly expanding its production capacity to over 800,000 tonnes per annum. The company secured a Rs 500 crore funding commitment from Norquant Analytics in late 2024 to support operational enhancements and debt reduction following the acquisition. Additionally, MSP Steel & Power launched expanded TMT bar production lines at its Raigarh plant in early 2025, targeting increased market share in eastern India.