INDIAN MET

Indian Metals & Ferro Alloys Ltd. engages in the production of Ferro alloys. The company is headquartered in Bhubaneshwar, Orissa and currently employs 2,128 full-time employees. The company went IPO on 2010-07-22. The firm is a producer of ferro chrome in India. The company operates through three segments: Ferro Alloys, Power and Mining. The firm has established two captive mines, located in Sukinda and Mahagiri in Jajpur, Odisha. The firm has a captive power generation capacity of over 204.55 megawatts (MW) and solar power capacity of approximately 4.55 MW. The firm operates two manufacturing units at Therubali and Choudwar, which are situated in Odisha with a total production capacity of 284,000 and a smelting capacity of over 190 megavolt-amperes (MVA). The company has approximately 190 MVA installed furnace capacity backed up by 204.55 MW captive power facilities and extensive chrome ore mining tracts. The Company’s ferro chrome output is primarily exported to Korea, China, Japan and Taiwan. Its subsidiaries include Indmet Mining Pte. Ltd., Utkal Coal Ltd. and IMFA Alloys Finlease Ltd.