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Southern Ispat and Energy Limited was incorporated as Southern Ispat Limited on June 27, 1995  with the Registrar of Companies , Kerala vide Registration Number . 09-09171 and obtained Certificate of Commencement of business on August 30, 1995  and started commercial production. The name of the company was subsequently changed to Southern Ispat and Energy Limited on September 18, 2008 with the Registrar Of Companies, Kerala vide registration number. L45309KL1995PLC009171. The Registered Office of the company is situated at 19/629 (1) ,”Shreyas”, West Yakkara, Palakkad, Kerala- 678001.

SIEL owns about 4.02 acres of land at Village Kottayi, District Pallakkad in the State of Kerala where the Company’s factory is located. This factory is presently having a manufacturing capacity of 21600 tonnes per annum (TPA) of Ingots.

The Company came out with a Public issue on February 1996, which was oversubscribed.  The shares of the Company are listed with Bombay Stock Exchange Limited, Cochin Stock Exchange Limited, Madras Stock Exchange Limited and Ahmedabad Stock Exchange Limited.

SIEL is in the process of amalgamation with M/s Kerala Sponge Iron Limited; a Kerala based company having its Registered Office at XV/D No. 810, Manthuruthy, Kanjikode West P.O, Palakkad, Kerala. The amalgamation is expected to result in substantial procurement cost reduction, greater leverage in operations planning, process optimization etc.

SIEL AT A GLANCE
Date of Incorporation: 27th June 1995 (As Southern Ispat Limited).
Chairman & Managing Director: Shri Vivek Agarwal
Constitution: Public Limited Company
Details of Listing Listed in Bombay / Cochin / Chennai & Ahmedabad Stock Exchanges
Existing Business Steel Ingots & Billets (Capacity 21600 TPA)
Proposed Business

Sponge Iron (Capacity 65000 TPA)
Steel Ingots & Billets (Capacity 43200 TPA)
Captive Power Plant (Capacity 8 MW)Re-Rolled Products (Capacity 73125 TPA)

Present Authorised Capital of the Company The Authorised share capital of the company is Rs.18,00,00,000/- (Rupees Eighteen crores only divided into 1,80,00,000 (one crore eighty lakhs) equity shares of Rs. 10/- (Rupees Ten Only) each
Issued / Subscribed / Paid Up Capital Rs.11,02,57,000 (1,10,25,700 Equity Shares of Rs. 10/- each fully paid up)

OUR VISION

  1. To promote, run, establish, install, takeover or set up mini steel plants, integrated steel plants, composite steel plants, hot rolling steel mills, cold rolling mills, blooms and billet mills, steel furnaces, concasts, rolling mills, induction furnaces for the manufacturing, producing, converting, extracting, treating or processing of all types, grades and size of steels, stainless steels, corrosion resisting steel, heat resisting steel, free cutting steels, spring steels, silico manganese steels, structural steels, ship building quality steels, armour steel, magnet steel, hot rolled and cold rolled grain oriented electrical steels or any other type of steels present or future and any products, by products and alloys thereof.

  2.  To enter into the business of generation, distribution and sale of all types of energy such as electric, fuel, wind, natural gas and conventional and non-conventional by setting up of appropriate Power Plant(s)

  3. To act as agent, commission agent, broker, stockists, trader, buyer, seller, importer, exporter, job work or otherwise to deal in all goods, materials or things that need not necessarily be the products the Company mainly deals with.
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