The Comp. is promoted by Sri Tarachand S. Jain & Sri Ram Niranjan Daga.
The Comp. was established as a Private Limited Comp. on 29th January, 1990 with the main object to cutting & slitting of HR/CR coil & sheet & then was converted into a Public Limited Comp. w.e.f. 15th July, 1992. The Comp. is presently setting up its plant at Raigad District for manufacture of Black & Galvanised Steel Tubes & Pipes. The Comp. established its presence in the industry, since it was engaged in cutting & slitting of HR/CR coils, trading of HR Coils/Strips.