Part of Gujarat based KP Group, founded by Dr. Farukbhai Gulambhai Patel. Since 1994, KP Group has completed 25+ years of its operations consisting of 30+ companies. It has diversified into sectors including fabrication and galvanizing, renewable energy sector (Solar & Wind), Telecom Infrastructure (Telecom Towers and OFC Network set up) and Green Hydrogen and Ammonia.

Incorporated in 2001, the company manufactures fabricated and hot-dip galvanized steel products. Products include Lattice Towers Structures, Substation Structures, Solar Module Mounting Structures, Cable trays, Earthing strips, Beam Crash Barriers and other infrastructure solution products. Apart from the above it also provides Fault Rectification Services (FRT) w.r.t. Optical Fiber Cables to various telecom operators, Job work for galvanizing and Solar Installation services.

With manufacturing facility located at Vadodara, Gujarat, company is an accredited vendor with GETCO (Gujarat Energy Transmission Corporation Limited) and MSETCL (Maharashtra State Electricity Transmission Company) for upto 400 Kw and 220 Kw, respectively.

The company is planning to expand into existing businesses along with the addition of High Masts, Floor Gratings, Pre-Engineered Buildings and Heavy Fabrications to meet evolving market demands. A new manufacturing plant proposed to be set up at Matar, Bharuch with a capacity of 2,90,000+ MT, an increase from the current capacity of 53,000 MT.

Steel production and consumption are frequently seen as measures of a country's economic development because it is both a raw material and an intermediary product. The Indian steel industry is classified into three categories - major producers, main producers and secondary producers. India is the world’s second-largest producer of crude steel, with an output of 125.32 MT of crude steel and finished steel production of 121.29 MT in FY23. India’s steel production is estimated to grow 4-7% to 123-127 MT in FY24.

The primary challenge for the Indian stainless-steel industry is the high level of imports, constituting ~20% of the domestic market in stainless steel flat products. This has created a serious bottleneck in the growth of domestic production, leading to low-capacity utilization along with financial and job losses.

Risk factors for the issue:

• A significant portion of revenue is attributable to the Sale of Products for various solutions. Any adverse changes in the Infrastructure Industry could adversely impact business.
• Revenues are highly dependent on operations in Gujarat. Top 10 customers contribute approximately 70% of revenue.
• The company have only one Manufacturing Facility. Which shows a strong concentration on the facility, any harm can stop the complete flow.
• The launch of new products i.e., High Masts, Floor Gratings, Pre-Engineered Buildings and Heavy Fabrications, if prove to be unsuccessful could affect growth plans which could adversely affect business.

Part of Gujarat based KP Group, founded by Dr. Farukbhai Gulambhai Patel. Since 1994, KP Group has completed 25+ years of its operations consisting of 30+ companies. It has diversified into sectors including fabrication and galvanizing, renewable energy sector (Solar & Wind), Telecom Infrastructure (Telecom Towers and OFC Network set up) and Green Hydrogen and Ammonia.

Incorporated in 2001, the company manufactures fabricated and hot-dip galvanized steel products. Products include Lattice Towers Structures, Substation Structures, Solar Module Mounting Structures, Cable trays, Earthing strips, Beam Crash Barriers and other infrastructure solution products. Apart from the above it also provides Fault Rectification Services (FRT) w.r.t. Optical Fiber Cables to various telecom operators, Job work for galvanizing and Solar Installation services.

With manufacturing facility located at Vadodara, Gujarat, company is an accredited vendor with GETCO (Gujarat Energy Transmission Corporation Limited) and MSETCL (Maharashtra State Electricity Transmission Company) for upto 400 Kw and 220 Kw, respectively.

The company is planning to expand into existing businesses along with the addition of High Masts, Floor Gratings, Pre-Engineered Buildings and Heavy Fabrications to meet evolving market demands. A new manufacturing plant proposed to be set up at Matar, Bharuch with a capacity of 2,90,000+ MT, an increase from the current capacity of 53,000 MT.

Steel production and consumption are frequently seen as measures of a country's economic development because it is both a raw material and an intermediary product. The Indian steel industry is classified into three categories - major producers, main producers and secondary producers. India is the world’s second-largest producer of crude steel, with an output of 125.32 MT of crude steel and finished steel production of 121.29 MT in FY23. India’s steel production is estimated to grow 4-7% to 123-127 MT in FY24.

The primary challenge for the Indian stainless-steel industry is the high level of imports, constituting ~20% of the domestic market in stainless steel flat products. This has created a serious bottleneck in the growth of domestic production, leading to low-capacity utilization along with financial and job losses.

Risk factors for the issue:

• A significant portion of revenue is attributable to the Sale of Products for various solutions. Any adverse changes in the Infrastructure Industry could adversely impact business.
• Revenues are highly dependent on operations in Gujarat. Top 10 customers contribute approximately 70% of revenue.
• The company have only one Manufacturing Facility. Which shows a strong concentration on the facility, any harm can stop the complete flow.
• The launch of new products i.e., High Masts, Floor Gratings, Pre-Engineered Buildings and Heavy Fabrications, if prove to be unsuccessful could affect growth plans which could adversely affect business.