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    BIHAR SPONGE IRON LTD.

    16 May 2025 | 12:00

    Industry >> Steel - Sponge Iron

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    ISIN No INE819C01011 BSE Code / NSE Code 500058 / BIHSPONG Book Value (Rs.) -10.74 Face Value 10.00
    Bookclosure 28/09/2024 52Week High 27 EPS 0.83 P/E 15.08
    Market Cap. 112.22 Cr. 52Week Low 10 P/BV / Div Yield (%) -1.16 / 0.00 Market Lot 1.00
    Security Type Other

    History of Company

    The company history sections lists out major chronological events that happened to the company.
    The company was incorporated on 16th April 1982.

    The company is an Indo German venture promoted in the joint sector by Modi Industries Ltd., their friends relatives and associates along with the Bihar state Industrial Development Corporation Ltd., as Indian promoters and Lurgi GmbH of Frankfurt, Federal Republic of Germany and DEG-Cologne, Federal Rederal Republic of Germany as German promoters.

    The company has set up a project at Chandil, District Singhum in Bihar for the manufacture of sponge Iron.

    The project cost was estimated at 112 crores. The project implementation was on schedule and trial production of sponge iron commenced on 1st May 1989 and commercial production started on 1st July 1989.

    The main object of the company is to manufacture Sponge Iron.

    2006

    -Bihar Sponge Iron Ltd has informed that Mr. Turan Caglayan, Nominee of DEG, one of the promoters of the Company has tendered his resignation from the Board of Directors.

    2008

    -Bihar Sponge Iron Ltd has appointed Mr. Vijay K Modi as Alternate Director to Dr. W Janke.

    2011 -Chandil Power Ltd has become a subsidiary Company of Bihar Sponge Iron Ltd .

    2012

    -Mr. B. K. Thakur has been appointed as Director- Finance of the Company.

    2013

    - Mr. Sudhir Kumar, IAS has been appointed as Director of the company.

    2014

    -Mr. S. K. Gupta has been appointed as the Whole-time Director of the Company designated as Executive Director (works) of the Company.

    Way2Wealth Brokers Private Limited - CIN U67120KA2000PTC027628 Stock Broking: SEBI Regn No.: INZ000178638 | Exchange Membership ID: NSE: 11502, BSE: 3117, MSEI:51000, MCX: 56730 Depository Participant: SEBI Regn No. IN-DP-472-2020 | CDSL ID: 12062900 & 12031500, NSDL ID: IN303077 PMS: SEBI Regn No.INP000000829 | Register with AMFI ARN: 77558 (Date of Initial registration - 8th Dec 2009, Date of expiry - 24th Jan 2027) | PFRDA: POP226012019

    Way2Wealth Commodities Private Limited - CIN U51229KA2006PTC039880 Stock Broking: SEBI Regn No.: INZ000049130 | Exchange Membership ID: NCDEX : 00908

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