Ankit Metal & Power Limited Company Profile: Products,Promoters and Clients

Ankit Metal & Power Limited 

Using a captive power plant (CPP), Ankit Metal & Power Limited was founded in 2002 and is primarily involved in the production of iron ore pellets, sponge iron, MS Billets, and rolled goods.

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Q1.What are the Products and Service offerings of the Company?

1- Sponge Iron:
Ankit Metal & Power Limited produces sponge iron, an essential raw material for steel production. This high-quality product, with minimal impurities, is created through the direct reduction of iron ore in the absence of air.

2- M.S. Billets:
The company manufactures M.S. billets, which are long, rectangular steel products used as the base material for further processing into various steel items such as beams, channels, and angles.

3- Re-Rolled Products:
Ankit Metal & Power Limited offers a diverse range of re-rolled products, including TMT (Thermo-Mechanically Treated) bars, widely utilized in construction and infrastructure projects. These products are renowned for their high strength, durability, and corrosion resistance.

4- Power:
In addition to steel products, the company generates power to support its operations. This capability ensures a reliable and consistent energy supply.

5- Pig Iron:
The company produces pig iron, characterized by its high carbon content, which serves as a raw material in steel production and is utilized in various steel-making processes.

6- Ferro Silicon:
Ankit Metal & Power Limited also manufactures ferro silicon, an alloy with a high silicon content used in numerous industrial applications, including steel production. This alloy enhances the quality and strength of steel products.

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Other Products and Services

Additional Products and Services:

1. Steel Products: Ankit Metal & Power Limited provides a variety of steel products, including beams, channels, angles, and other structural steel items.

2. Ferro Alloys: The company manufactures a diverse range of ferro alloys such as ferro silicon, ferro manganese, and ferro chrome, which are essential for various industrial applications.

3. Steel Fabrication: Ankit Metal & Power Limited offers comprehensive steel fabrication services, including cutting, bending, and welding of steel products to meet specific customer requirements.

4. Steel Trading: The company is also engaged in steel trading, sourcing high-quality steel products from various suppliers and distributing them to customers across the region.

Q2.Who are the Promoters of the Company?

Mr. Suresh Kumar Patni

Mr. Suresh Kumar Patni, the Chairman of the Company, is a seasoned professional with over two decades of experience in the steel sector. Holding a formal education in Commerce, Mr. Patni has made significant contributions as a trader, manufacturer, importer, and exporter of various Ferro Alloys, Metals, Minerals, and Steel-related products through his promoted venture, M/s. Impex Ferro-Tech Limited.Leveraging his extensive expertise and established presence in the Ferro Alloys sector, Mr. Patni spearheaded the diversification into the core consumer-based steel sector. 

Mr. Ankit Patni

Mr. Ankit Patni, CFA, joined the company as an Executive Director in November 2004. With a robust background in finance and marketing, he was subsequently promoted to Managing Director. In his role, Mr. Ankit Patni oversees the overall affairs of the company, ensuring operational excellence and strategic growth. His leadership and expertise in finance and marketing have been instrumental in driving the company's success and expanding its market presence.

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(By Medhansh Bairaria)