Newmalayalam Steel Limited
NNSE:NMSTEEL22.35
INR
+0.05
(+0.22%)
ISIN
INE0TP801012
Return %
Stock
S&P 500
1Y
-29.05
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Varghese Vazhappily Davis
- Full Time Employees
- 119
- Sector
- Non-energy minerals
- Industry
- Steel
- Address
- Thrissur India
- IPO Date
- Dec 27, 2024
- Website
- demacsteel.com
- Similar Companies
- Business
- Newmalayalam Steel Limited is an India-based steel manufacturing company primarily engaged in the production, processing, and marketing of galvanized and mild steel structural products. Marketed predominantly under the brand name Demac Steel, the company provides a comprehensive portfolio of steel solutions, including: electric resistance welded (ERW) galvanized plain (GP) and mild steel (MS) pipes and tubes in circular, square, and rectangular profiles; galvanized iron (GI) structural tubing; high-durability galvanized steel sheets; weather-resistant roofing systems; precision-engineered solar module mounting structures; and customized structural steel components for building construction, industrial infrastructure, plumbing, agriculture, automotive, and interior design applications. Founded in 2017 and headquartered in Thrissur, Kerala, India, Newmalayalam Steel operates specialized manufacturing facilities equipped with automated ERW tube mills, serving commercial builders, infrastructure developers, agricultural users, and retail fabricators across regional Indian markets. In recent corporate developments, the company transitioned from a private entity to a public limited company in February 2024 and successfully completed an initial public offering (IPO) on the NSE Emerge platform in December 2024, raising approximately INR 41.76 crore in fresh capital to finance technological modernizations of its production lines, the construction of an expanded factory shed, the implementation of captive solar power generation facilities, and working capital requirements.