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*Source: Third-party OTC market data. Not sourced from any recognised stock exchange. Accuracy and timeliness not guaranteed.
Disclaimer: Prices shown are indicative and subject to change without notice based on market availability. This information does not constitute financial advice.Last updated: 18 Jun 2026
Hira Ferro Alloys Limited, headquartered in Raipur, Chhattisgarh, is one of India's pioneering manufacturers of manganese-based ferro alloys, catering primarily to the steel-making and refining industry. It is a part of the Hira Group of Industries and manufactures ferro alloys, power, briquettes, and fly ash bricks, with an installed capacity of 26.6 MVA equivalent to 61,500 TPA of Ferro Manganese. It became a subsidiary of Godawari Power & Ispat Ltd in March 2011 following an amalgamation. It exports to countries such as the United States, Germany, Japan, and the United Kingdom, and sources raw materials primarily from within Chhattisgarh. HFAL is also committed to green energy, operating thermal, biomass, and windmill power plants, and follows strong environmental practices including rainwater harvesting, tree plantation, and fly ash brick manufacturing to minimize waste.
| Outstanding Shares | 2,31,88,500 |
| Face Value | ₹10 Per Equity Share |
| ISIN | INE573I01011 |
| Reference Value | ₹160 |
| PAN Number | AAACH5697M |
| GST Number | 22AAACH5697M1Z7 |
| Registration Date | 31-12-1984 |
| Category / Sub-Category | Public company limited by shares / Non-government company |
| Registered Office Address | 567B, Urla Industrial Area, Raipur - 493221, Chhattisgarh, India |
| Registrar & Transfer Agent | MUFG Intime India Private Limited |
| Name & Description of Main Products/Services | NIC Code | % to Total Turnover |
|---|---|---|
| Manufacture of ferro alloys, manganese-based steel inputs and generation of electricity for captive and related use | 24104 | 100% |
| S.No. | Shareholder Name | No. of Shares | % of Total |
|---|---|---|---|
| 1 | Godawari Power & Ispat Limited | 2,12,93,738 | 91.83% |
| 2 | Other shareholders | 18,94,762 | 8.17% |
| — | Total | 2,31,88,500 | 100% |
Ferro alloys demand is closely linked to steel production, infrastructure spending, alloy-steel consumption and manganese ore/input prices. Indian producers with captive or low-cost power access, proximity to mineral and steel clusters, and environmental compliance capabilities are better positioned because ferro alloy production is power intensive. Key risks remain steel-cycle volatility, power and raw material costs, import competition, environmental norms and customer concentration.
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