A Cash-Rich and Near Debt-Free Integrated Steel Company with ₹1100+ Crore Cash and Bank Balances, Captive Iron Ore Mines and 63.18% Promoter Holding

Introduction Established in the year 1999, this is a 27-year-old company engaged in iron ore mining, pellet manufacturing, sponge iron production, steel manufacturing, ferro alloys and power generation. Godawari Power & Ispat Limited (GPIL), the flagship company of the Raipur-based Hira Group, operates an integrated business spanning captive raw materials, intermediate steel products and finishedContinue reading "A Cash-Rich and Near Debt-Free Integrated Steel Company with ₹1100+ Crore Cash and Bank Balances, Captive Iron Ore Mines and 63.18% Promoter Holding"