SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

BMW Industries acquires two step down subsidiary companies

02 Jan 2020 Evaluate

BMW Industries has acquired two step down subsidiary companies namely ‘BMW Iron & Steel Industries’ and ‘Nippon Cryo’ on December 31, 2019. BMW Iron & Steel Industries is engaged in manufacturing of iron and steel products and transportation. Besides, Nippon Cryo is engaged in manufacturing of iron and steel products. On acquisition, both companies becomes wholly owned step down subsidiaries of the company and the business of company will expand. 

BMW Industries is a secondary steel producer and engaged in the manufacture of two product types - longs (towers, structures and TMT) and flats (pipes, galvanised plain and galvanised corrugated) - one of few to do so in India’s secondary steel sector. Besides, it is engaged in tubes galvanisation and the manufacture of tubular poles/structures, transmission line towers and rebars.

BMW Industries Share Price

42.40 -0.95 (-2.19%)
21-Apr-2026 11:07 View Price Chart
Peers
Company Name CMP
Tata Steel 212.85
JSW Steel 1291.35
SAIL 176.85
Jindal Stainless 796.15
APL Apollo Tubes 2133.25
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×