Supershakti Metaliks Ltd. Stock Analysis 541701.BO

Supershakti Metaliks Ltd. engages in the manufacturing of iron and steel products. The company is headquartered in Kolkata, West Bengal and currently employs 445 full-time employees. The company went IPO on 2018-07-30. The firm operates a steel melting shop to produce semifinished products, such as billets, along with a rolling mill to produce wire rods and hard bright (HB) wires. The firm is using Electrotherm equipment for its induction furnace and Armec engineering machinery for its block mill. The firm's primary products are billets, wire rods, binding wire and HB wire. Its wire rods are used in nails, wire, power industry and others. Its billet is used in rolling mills, infrastructure and others. The company produces different sizes of wire rods ranging from 5.5 millimeters (mm)-12mm as per customer requirements. The company manufactures HB wire ranging from eight Standard Wire Gauge (SWG) to 12 SWG sizes in thickness from 1.0mm to 3.5mm. The company produces binding wire of 20 gage and 22 gage. The firm's integrated steel plant is located at Durgapur, West Bengal.