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Mukand | |
Formerly | Mukand Iron & Steel Works Limited (1937–1989) |
Company type | Public |
BSE: 500460 NSE: MUKANDLTD | |
Industry | Steel |
Founded | 1929Lahore | in
Founder | Seth Mukand Lal |
Headquarters | , India |
Key people | Mr Niraj Bajaj (chairman & MD)[2] |
Revenue | ₹5,190 crore (US$620 million) (2024) [3] |
₹102 crore (US$12 million) (2024) | |
Number of employees | 1,551 (including 881 workers) (2024) |
Parent | Bajaj Group |
Website | Official Website |
Mukand Limited (formerly Mukand Iron & Steel Works Limited) is an India-based manufacturer of stainless steel, alloy steel, and stainless steel billets, and is an exporter of hot rolled bars.[4] The company manufactures iron and steel products, steel castings, steel structurals, Electrical Overhead Travelling (EOT) and other cranes, and other industrial machinery. Mukand Ltd is part of the Bajaj Groups of companies. It makes India's largest gantry crane, with an 80-tonne capacity and 60-metre span, with monobox girder and underslung trolley.[5]
Mukand was established in 1929 in Lahore by Seth Mukand Lal. It was later acquired by Bajaj and moved to Mumbai in 1937. A steel plant at Kalwa, Thane commenced operations in 1965. It was renamed to Mukand Ltd from Mukand Iron & Steel Works Limited on 23 March 1989.[6]
It also operates a steel plant in Ginigera of Hospet district in collaboration with Kalyani Steel known as Hospet Steel Ltd.