Deem Roll-Tech Ltd - Stock Valuation and Financial Performance

Deem Roll-Tech Limited was originally incorporated as a private limited company in the name and style of ‘Deem Roll-Tech Private Limited’ under the Companies Act, 1956 vide certificate of incorporation dated May 1, 2003 issued by Assistant Registrar of Companies, Gujarat, Dadra & Nagar Haveli. Subsequently, the Company was converted from a private limited company to a public limited company, pursuant to a resolution passed in the extraordinary general meeting of its members held on February 12, 2008 and consequently, the name of the Company was changed to ‘Deem Roll-Tech Limited’, and a fresh certificate of incorporation consequent upon conversion from private company to public company dated March 4, 2008 was issued by the Assistant Registrar of Companies, Gujarat, Dadra & Nagar Haveli.

The company is one of the manufacturers of high-quality steel and alloy Rolls in India, which is the building block of the iron and steel rolling mill industry. The Rolls manufactured by the company finds its application in the iron and steel rolling mill industries in the domestic and international markets. With many years of experience, the company has been synonymous with quality and reliability in the Roll manufacturing industry which it manufactures both under standard specification and tailored as per the customer specific requirements. The company supplies its Rolls directly to rolling mill manufacturers (OEMs) and in the replacement market to the iron and steel rolling mills through a network of dealers / distributors and agents. It exports its Rolls to over 10 countries, such as USA, Germany, Europe, Middle East, Oman, Saudi Arabia, South Africa, Nepal and Bangladesh. 

The company manufactures its products from steel scrap, roll scrap, pig iron, nickel, ferro molybdenum, other ferro alloys, resin coated sand, etc. conforming to international standards. It has a highly sophisticated and technically competent manufacturing units located in Gandhinagar, Gujarat (Manufacturing Unit 1), Mehsana, Gujarat (Manufacturing Unit 2) and in Hoogly, West Bengal (Manufacturing Unit 3).

Business area of the company

The company is engaged in the business of supplying Rolls directly to rolling mill manufacturers (OEMs) and in the replacement market to the iron and steel rolling mills through a network of dealers / distributors and agents.

Products of the company

• S.G iron or Ductile iron rolls
• Indefinite chill alloy cast iron
• Alloy steel base
• Double poured alloy indefinite chil
• High-Speed Steel (HSS) rolls

History and milestones

• 2003: Incorporation as a private limited Company.
• 2004: Production of Rolls started at Manufacturing Unit 1 at Chhatral, Gujarat.
• 2008: Conversion of company into public limited company.
• 2009: Production of Rolls Started at manufacturing unit 2 at Ganeshpura, Gujarat.
• 2009: ISO-9001:2008 awarded for manufacturing unit 2 at Ganeshpura, Gujarat.
• 2011: Business Gaurav SME Awards 2011 (Best small enterprise metal and metal products).
• 2012: Production of Rolls started at manufacturing unit 3 at Sinhet, West Bengal.
• 2020: Recognition of its in-House R&D Unit from DSIR.