Chandan Steel IPO - Date, Price Band & Details

Established in 1969 as a metal trading firm, Chandan Steel Limited has grown into one of India’s premier fully integrated manufacturers of stainless steel long products, flanges, and seamless pipes. Headquartered in Mumbai, the company operates a sprawling, technologically advanced production hub at Umbergaon in the Valsad district of Gujarat. Across more than five decades, this family-led enterprise has anchored its growth in the philosophy that steel is the foundational core of global development.

The operational heartbeat of Chandan Steel is its massive industrial capacity, capable of producing 60,000 metric tonnes of steel billets and hot-rolled bars annually. Its state-of-the-art facility features a complete manufacturing chain under one roof, integrating high-power electric arc melting, advanced refining converters, automated rolling mills, and high-precision forging units. This allows the company to craft a diverse portfolio of heavy-duty materials, ranging from specialized bright bars and complex profiles to seamless tubes that serve essential international infrastructure, defense, and automotive sectors.

Led by Chairman C.G. Chandan alongside directors Dilip Chandan and Vijay Chandan, the organization prioritizes structural sustainability over mere industrial output. The company has invested heavily in self-contained ecological solutions, utilizing a modern effluent treatment plant and a complete internal filtration system to run an eco-conscious manufacturing model. As Chandan Steel Limited continues to expand its cross-border market reach, it remains dedicated to combining intense metallurgical precision with responsible, clean engineering.