MoneyWorks4Me

Readymade Steel’s arm bags order worth Rs 115 crore

29 Aug 2013 Evaluate

Readymade Steel India's Singapore subsidiary, KH Foges, has won a contract worth S$22 million (Rs 115 crore) from Ministry of Health, Singapore. The contract involves Bored Piling works to construct Hospital at Yishun, Singapore. The project completion period is 8 months.

Readymade Steel India is one of the pioneers in introducing the concept of ready to use steel for the construction industry in the country. RMS's product offerings include ready to use steel, primarily re-bars to be used in construction activities in various sectors like roads, power plants, ports, airports, housing, bridges, metros, monorails etc.

Peers
Company Name CMP
JSW Steel 1254.30
Tata Steel 175.20
Steel Authority 168.75
Jindal Stainless 729.15
APL Apollo Tubes 2123.80
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