Kolkata based, Shakambhari Ispat and Power Limited (SIPL) was incorporated in 2001 as Ma Chhinnamastika Steel & Power Private Limited. Later in December 2010, the company was acquired by Shakambhari Group and the name of the company was changed to Shakambhari Ispat and Power Limited. SIPL also has an integrated manufacturing facility of TMT bars with captive sponge iron and mild steel billets plants supported by captive power plants. The company sells its TMT bars under the brand name of ‘Thermocon’ and ‘Elegant’. As on date, the company has been amalgamated with Ess Dee Aluminium Limited. The directors of the Company were Mr. Ramabatar Agarwal, Mr. Ranjit Banerjee, Mr. Ashok Kumar Sharma, Mr. Deepak Kumar Agarwal, Ms. Priyanka Goenka and Mr. Vikrant Ranjan.

SPS Steels Rolling Mills Limited (SPS)
SPS Steels Rolling Mills Limited (SPS) was established in 1981 by Mr. Bipin Vohra and has its registered office located in Kolkata, West Bengal. The company is an integrated steel manufacturing unit with facilities of sponge iron, billets and rolling mill. The manufacturing unit of the company is in Durgapur, West Bengal and Purulia, West Bengal. The company sells its TMT bars under the brand name of ‘Elegant.’ The company was acquired by the Shakambhari Group from NCLT in April 2019. SPS’s manufacturing unit is in Durgapur, West Bengal. The company deals in sponge iron, billet, rolled product, ferro alloys and has a 10MW for captive power plant. Directors of the company are Mr. Deepak Kumar Agarwal, Mr. Ashok Kumar Sharma, Ms. Priyanka Goenka, Mr. Pranab Sarkar and Mr. Vikrant Ranjan.
Eloquent Steel Private Limited (ESPL)
Eloquent Steel Private Limited (ESPL) was incorporated in 2012 and the company was engaged in trading of goods. However, in November 2017, the company was taken over by Mr. Deepak Agarwal. ESPL acquired existing plants in Q3FY18, through auction from Official Liquidator of Honourable High Court, Kolkata, and through bidding in auction notice from bank. Both the plants consisted of Ferro Alloy manufacturing facilities as well as steel melting shop. The production has started in November 2018 of Ferro Alloys. The company deals in Ferro Products, billets and rolled products. It has its registered office in Kolkata. Directors of the company are Mr. Ramabatar Agarwal, Mr. Deepak Kumar Agarwal and Ms. Swati Agarwala.
Bravo Sponge Iron Private Limited (BSIPL)
Bravo Sponge Iron Private Limited (BSIPL: erstwhile known as Piyushrippon Finance Private Limited) was incorporated in 1997 by Jamshedpur-based Bhalotia group. BSIPL’s plant was shut down during April 2014 to May 2015 as the plant was making loss. In June 2015, Kolkata-based Shakambari Group took over the control of the company. BSIPL deals in sponge iron, billet, pellets and 23.9 MW of captive power plant at its plant located at Rukni, Purulia in West Bengal. As on date, the company has been amalgamated with Shakambari Ispat and Power Limited. Subsequently, Shakambari Ispat and Power Limited is amalgamated into Ess Dee Aluminium Limited (now renamed to Shakambari Ispat and Power Limited). The directors of the Company were Mr. Deepak Agarwal, Ms. Swati Agarwala, Mr. Sanjeev Kumar Sachan and Mr. Ramabatar Agarwal.
Shakambhari Ispat And Power Limited (Erstwhile ESS DEE Aluminium Limited)
The company was acquired from NCLT by Shakambhari Group in February 2023 as Ess Dee Aluminum Limited. The company was engaged in manufacturing of aluminium products. Post the NCLT order for the scheme of amalgamation dated 10^th June 2025, SIPL and BSIPL were amalgamated into Ess Dee Aluminum Limited, and the name of the latter entity was changed into Shakambhari Ispat and Power Limited. The ongoing operations of earlier SIPL and BSIPL are being continued in Shakambhari Ispat and Power Limited (Erstwhile ESS DEE Aluminium Limited), the company is also into aluminium bare foil manufacturing presently. Directors of the company are Mr.  Deepak Kumar Agarwal, Mrs. Swati Agarwala, Mr. Ashok Kumar Sharma, Mrs. Priyanka Goenka, Mr. Pranab Sarkar and Mr. Vikrant Ranjan.
 

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­Manufacture of metals has a substantial environmental impact. The production of basic metals is extremely power intensive. Steel is still produced with blast furnaces, releasing large amounts of carbon dioxide, nitrogen oxide, and particulate matters into the air. On the social front, occupation and workforce health & safety management are of primary importance to this industry given the dangerous nature of operations. Furthermore, factors such as ethical business practices, management compensation and board administration hold primary importance within this industry. Shakambhari Group’s CSR initiative, in collaboration with the Elegant Foundation, focused on enhancing the wellbeing of communities surrounding their plant. The group aimed to provide essential education, clean water, and other necessities, while also fostering community development through sports and educational sponsorships. Together, they demonstrated a strong commitment to improving lives and building stronger community relations.

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