**Sampat Aluminium Limited**
Sampat Aluminium Limited, established in 1999, is a Gujarat-based company engaged in the manufacturing of aluminium wires and rods. Initially operating as a private limited entity, it transitioned into a public limited company with a revised incorporation certificate issued on September 19, 2024. The company specializes in recycling aluminium scrap to produce a wide range of continuously cast and hot-rolled aluminium products using the proprietary "Properzi process."
The company commenced its journey with the production of aluminium rods of varying thicknesses (7.50 mm to 20 mm) and later diversified into manufacturing aluminium wires (5.50 mm thickness). Its manufacturing facility in Kalol district, Gujarat, houses a plant with an installed production capacity of 8,400 MTPA. The facility operates across various divisions, including engineering, mold making, melting, casting, machining, quality control, and dispatch, ensuring an integrated and streamlined production process.
Sampat Aluminium Limited caters primarily to sectors such as electrical power, construction, manufacturing, building wiring, and steel. In addition to direct product supply, the company has engaged in job work services by meeting custom requirements for aluminium rods and wires on select occasions. This diversification highlights its adaptability to industry-specific needs and customer preferences.
The company plans to expand its market reach and operations by offering an IPO of 2.6 million equity shares at Rs 10 each through a fresh issuance. This step aims at fueling its growth momentum, making it an appealing prospect for traders seeking exposure to the aluminium manufacturing and recycling sector.