Support and Resistance Levels
Past performance
About Hariom Pipe Industries Ltd Hariom Pipe Industries Limited, originally established as Hari Om Concast And Steels Private Limited in 2007, is an integrated steel manufacturer based in South India. The company, led by founders Rupesh Kumar Gupta and Sailesh Gupta, specializes in the production of Mild Steel (MS) Pipes, Scaffolding, HR Strips, MS Billets, and Sponge Iron. It operates two manufacturing units in Telangana and Andhra Pradesh, which supply products primarily to southern and western India. The firm utilizes iron ore to produce Sponge Iron, which serves as a raw material for its final products, making the production process cost-effective.
Hariom Pipe Industries markets its products under the brand 'Hariom Pipes' and caters to a diverse range of sectors including housing, infrastructure, and automotive. The company emphasizes quality control and has obtained several quality certifications, including ISO 9001:2015. In recent years, it has expanded production capabilities significantly, including an increase in MS Pipes capacity to 132,000 MTPA and the addition of a Galvanized Pipe Mill. The company went public with an IPO in April 2022, raising significant capital for further growth.