About S.A.L Steel Ltd 
S.A.L Steel Ltd
Micro Cap
Steel/Sponge Iron/Pig Iron
S.A.L. Steel Limited, incorporated in 2003, is engaged in manufacturing Sponge Iron, Ferro Alloys, Manganese Steel (MS) & Stainless Steel (SS) Angel and Power. Because of the Captive power generation, company has advantage of low power cost per unit of manufacturing. Company is generating 40 MW Power from waste Heat recovery Boiler & Fluidized Bed Combustion boiler with economic price. Power generated is used for captive consumption and surplus power is sold resulting profit.
Company Coordinates 
Company Details
5/1 Shreeji House 5th Floor, Behind M J Library Ashram Road Ahmedabad Gujarat : 380006
Registrar Details
Karvy Computershare Pvt Ltd, Plot No 17-24 , Near Image Hospital,, Reliance Cybervilae,Vithalrao Nagar,, Madhapur, Hyderabad
Capital Structure 
Present Equity Capital
INR None Cr
Number of Shares
None Cr
Face Value
INR None
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
No Details Available.
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Promoters
Pledged Promoter Holdings
45.3916
Mutual Funds
Held by 0 Schemes
FIIs
Held by 2 FIIs (0.05%)
Promoter with highest holding
Shah Alloys Limited (35.61%)
Highest Public shareholder
Jaideep Sampat (1.56%)
Individual Investors Holdings
42.46%
Management
Designation
Remuneration
Rajendra V Shah
Chairman (Non-Executive)
0
Sujal Shah
Whole-time Director
4.32 lacs
Babulal M Singhal
Whole Time Director & CFO
4.92 lacs
Ambalal C Patel
Independent Director
40.0 k
Harshad Shah
Independent Director
40.0 k
Tejpal S Shah
Independent Director
40.0 k
Srikant N Jhaveri
Independent Director
80.0 k
Shefali M Patel
Independent Director
80.0 k
Manish Daulani
Company Sec. & Compli. Officer
0
Jai Prakash Goyal
Whole-time Director
25.43 lacs
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
No Data Available for Raw Material Segmentation
No Data Available
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Sponge Iron
328.55
64.59%
Ferro Alloys
100.12
19.68%
Power Plant
39.33
7.73%
Sponge Iron
Sponge Iron
Ferro Alloys
Ferro Alloys
Power Plant
Power Plant
Revenue and Profits:
Net Sales:
194 Cr
(Quarterly Results - Dec 2024)
Net Profit:
-1 Cr
Steel/Sponge Iron/Pig Iron
INR 161 Cr (Micro Cap)
24.00
29
0.00%
2.74
14.14%
3.35