Gallant Ispat Limited-Profile

Our company is one of the growing companies in Uttar Pradesh engaged in the manufacturing and marketing of Sponge Iron, Mild steel billets, Re-Rolled products (TMT bars and Mild Steel Structural) and wheat flour products.

Our Company was incorporated in February 2005 at Kolkata and is promoted by Mr. Chandra Prakash Agrawal, Mr. Prem Prakash Agarwal, Mr. Nitin M Kandoi, M/s Chandra Prakash Agarwal & Sons HUF and M/s Gallantt Metal Ltd.

Our Company was incorporated with a view to setup an integrated steel plant and modern roller flour mill at Sector- 23, GIDA, Sahjanwa, Gorakhpur- Uttar Pradesh, to manufacture Sponge Iron, Mild steel billets, Re-Rolled products (TMT bars), flour. Considering the power requirements of our existing manufacturing facilities, our Company also proposes to setup a captive power plant to meet its present requirement of power. Our Company has already commenced commercial productions for Mild steel billets, Re-Rolled products (TMT bars) in May 2009 and wheat flour products in March 2009. Our Company also proposes to expand its business into Sponge iron production.

The in house consumption of entire Sponge Iron to manufacture billets which is further rolled into TMT bars along with installation of captive power plant to utilize the waste heat would improve the profitability of the project thereby making it economically more viable.

At GIL, success is measured in terms of customer satisfaction and quality that is built into every product. The value of commitment to quality is also cherished by each of our 256 staff members. Our Company has met standards of Bureau of Indian Standards and has received the IS 1786:2008 certification for high strength deformed steel bars for concrete reinforcements (TMT).

Setting up the integrated steel plant and flour mill in Gorakhpur, Uttar Pradesh also provides our Company with benefits like Interest free loan equivalent to Sales Tax Amount for a period of 15 years, Transport subsidy for 15 years, 20% subsidy of fixed capital investment, 5% additional subsidy of fixed capital investment being first unit under this scheme and Exemption of Mandi tax-2% on wheat purchase, among other benefits.

• Creating a distinct status for ourselves in the Integrated Steel business.
• Driving growth through both organic & inorganic initiatives.
• Keeping shareholders’ interests at the core of business and put customer satisfaction on top of the agenda.

Our mission is to:

• To offer at affordable prices, a range of products that eliminates manual labour, save time and energy and add to comfort and enjoyment.
• To manufacture products that meets international quality standards and provides trouble-free performance.
• To continuously innovate and add value to products, if needed to be through technical collaboration.

Gallantt Ispat Limited, a public limited company incorporated in February,2005 at Kolkata, has its Registered Office at “ASHYANA”, 29C, Bentinck Street, Kolkata – 700 069 (West Bengal). Our Company’s proposed project will consist of an Integrated Steel Plant with a Captive Power Plant and a Flour Mill at AL- 5, Sector – 23, Gorakhpur Industrial Development Authority, Sahjanwa, Gorakhpur, Uttar Pradesh – 273 209.

Our Company has already commenced commercial productions for Mild steel billets, Re-Rolled products (TMT bars) in May 2009 and flour in March 2009. Our Company also proposes to expand its business into Sponge iron production and Captive Power generation.

Product	Capacity
Sponge Iron	99,000 MTPA
M. S. Billets	1,62,380 MTPA
Re-rolled Products	1,67,400 MTPA
Captive Power Plant	16 MW
Flour Mill*	1,80,000 MTPA

*of the total proposed capacity, the commercial production for 1,08,000 MTPA commenced in March, 2009.