Incorporated in 1995, the company Narayani Steels, promoted by Shri Sunil Choudhary, started its operations with acquisition of a steel rolling plant in Vizianagaram. The company further acquired its second plant in 2012. The company strengthened its roots in Vishakhapatnam steel industry by expanding its business operations on a wide scale over the years. This fact is evidenced by increase in its business turnover from over Rs 200 crore in Financial Year 2011 to over Rs 500 crore in Financial Year 2016.

Currently, the company operates from two manufacturing units, both of which are situated in Vizianagaram district; one being used for production of angles, flats, channels, rounds, etc while the second unit is used for production of TMT Bars. The company procures billets and blooms from Rashtriya Ispat Nigam Limited (RINL), a Government of India undertaking which is renowned for its superior quality steel products.

The company provides TMT Bars as per approved industrial standards, and ensures that all its products have the appropriate content of various chemical compositions. Further, the company has an in-house testing facility for testing chemical composition of its products. With a goal to maintain standards in terms of quality and customer satisfaction, it is committed to satisfy customer compliance by supplying Narayani TMT Rebars as per the prescribed quality controls by government. The company has developed a wide network for the sales and distribution of its products across Andhra Pradesh, Telangana and other states in India.

Business area of the company

The company is engaged in trading and manufacturing of hot rolled long products of value added steel. The company primarily trade in blooms, billets, TMT bars, pellets, etc and also manufacture TMT bars and other long products such as rounds, flats, angles, channels, etc.