![]() | A major contributor to this article appears to have a
close connection with its subject. (November 2020) |
![]() | |
Amreli Steels Limited [1] | |
Formerly |
|
Company type | Public |
PSX: ASTL | |
Industry | Steel |
Founded | 1972 |
Founder | Abbas Akberali ( Chairman) [3] |
Headquarters | Karachi, Pakistan |
Area served | Pakistan |
Key people | Shayan Akberali (
CEO)
[4]
Hadi Akberali ( COO) Kinza Shayan ( Director) Mariam Akberali ( Director) |
Products | Rebar [5] |
Revenue | ![]() |
![]() | |
Website |
www |
Amreli Steels Limited (امریلی اسٹیلزلمیٹڈ) is a publicly held Pakistani company which manufactures steel rebars. [7] It is based in Karachi, Pakistan. [8]
It was founded in 1972 by Abbas Akberali and is named after Amreli District, Gujarat, India from where their ancestors migrated to Pakistan. [8]
As of 2013, the company's production capacity was estimated to be 150,000 tonnes, [2] which by 2017 had increased to 180,000 tonnes. [9] [10]
In 2018, the company established a new production facility in Dhabeji with a 400,000 tonnes capacity. [11] [12] A strategic goal of the firm has been to be the first Pakistani company to reach annual production of 1 million tonnes of rebar product. [4]
Amreli transitioned from a private to public firm in 2015, when it was listed on the Pakistan Stock Exchange following an initial public offering in October 2015. [9] [10]
Amreli Steels’ posted Rs1.1 billion total loss for the fiscal year 2020, which resulted in Rs 3.79 loss per share. [13]
![]() | A major contributor to this article appears to have a
close connection with its subject. (November 2020) |
![]() | |
Amreli Steels Limited [1] | |
Formerly |
|
Company type | Public |
PSX: ASTL | |
Industry | Steel |
Founded | 1972 |
Founder | Abbas Akberali ( Chairman) [3] |
Headquarters | Karachi, Pakistan |
Area served | Pakistan |
Key people | Shayan Akberali (
CEO)
[4]
Hadi Akberali ( COO) Kinza Shayan ( Director) Mariam Akberali ( Director) |
Products | Rebar [5] |
Revenue | ![]() |
![]() | |
Website |
www |
Amreli Steels Limited (امریلی اسٹیلزلمیٹڈ) is a publicly held Pakistani company which manufactures steel rebars. [7] It is based in Karachi, Pakistan. [8]
It was founded in 1972 by Abbas Akberali and is named after Amreli District, Gujarat, India from where their ancestors migrated to Pakistan. [8]
As of 2013, the company's production capacity was estimated to be 150,000 tonnes, [2] which by 2017 had increased to 180,000 tonnes. [9] [10]
In 2018, the company established a new production facility in Dhabeji with a 400,000 tonnes capacity. [11] [12] A strategic goal of the firm has been to be the first Pakistani company to reach annual production of 1 million tonnes of rebar product. [4]
Amreli transitioned from a private to public firm in 2015, when it was listed on the Pakistan Stock Exchange following an initial public offering in October 2015. [9] [10]
Amreli Steels’ posted Rs1.1 billion total loss for the fiscal year 2020, which resulted in Rs 3.79 loss per share. [13]