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Established as a public limited company in India, India Steel Works is engaged in the manufacturing and trading of steel products such as hot rolled bars and bright bars. Operating under the motto 'Inner Vision. Global Action', the company has produced key materials like billets, wire rods, and bars used in safety-related automobile parts. Currently, the company's manufacturing activities have been stopped, and its financial position is under severe stress, leading to the closure of its plant operations. Due to its financial situation, the company's factory premises have been taken into the possession of Kotak Mahindra Bank Limited. In a strategic shift, the company has obtained shareholder approval to enter the real estate sector, with plans to operate as builders and contractors. The company has an authorized share capital of ?107 crores, indicating its established corporate structure despite the current operational halt.;