Ankit Metal & Power

Established in 2002, Ankit Metal & Power Limited is a significant manufacturer of Iron and Steel in Eastern India, commencing commercial production in 2005. The management is confident of a higher growth ratio, believing the company is well-placed as an integrated player to benefit from increased market demand. The company's business activity is focused within a single segment, which is Iron and Steel. It is engaged in manufacturing products like Iron Ore Pellets, Sponge Iron, MS Billets, and other Re-Rolled products. A key part of its integrated model is a Captive Power Plant whose energy is entirely consumed for its own manufacturing processes. The company achieved total revenue from operations of ?85,399.17 Lacs in fiscal year 2022-23, which is a 12.85% increase from the previous year.;