Fortran Steel Private Limited - Manufacturer from Taloja, Raigad, India

Profile

Founded in the year 1991, Fortran Steel Private Limited is trusted and established Manufacturing and Trader firm, providing premium quality of Industrial Bars, Industrial Wires, I-Beams and MS Plates. Our offered product is manufactured on quality specifications and generating us maximum benefit for its ease of installation, industrial design, reliable performance, and practicable cost. We are dedicated to provide satisfactory application of our offered machinery, which earned us valuable trust of a wide number of prestigious clients from widely known food companies, highly acknowledged restaurants and well established caterers.

We offer free sampling for our clients who look forward to check and then buy the product. This enables us to prove the quality of the product. We offer free samples on request from our valuable customers all around the world. We provide the samples from the same set of products that we offer in bulk.

Under the supervision of Mr. Nitin Mohite, our firm is achieving heights of achievement. We also provide various amenities to the patrons to put their demands forward and get them solve timely and as per their requirements.

Company Factsheet

Basic Information

Nature of Business	Exporter and Manufacturer
Additional Business	Exporter Trader
Company CEO	Jatin Parekh
Key Customers	M/s. Udhe India Ltd. M/s. Technoplast India Ltd. M/s. Bygging India Ltd. M/s. Hyundai Heavy Industries Co. Ltd. M/s. WMI Cranes Ltd.
Registered Address	A-111, Satyam Shopping Center, M.G Road, Ghatkopar (E),, Raigad- 421 204, Maharashtra, India
Industry	Manufacturing, Importing and Exporting of Steel Products.
Total Number of Employees	101 to 500 People
Year of Establishment	1991
Legal Status of Firm	Limited Company (Ltd./Pvt.Ltd.)
Promoter	Mr. Jatin Parekh
Annual Turnover	Rs. 100 - 500 Crore
Top Export Countries	Saudi Arabia Bangladesh Nepal United States Of America Sri Lanka

Trade & Market

Export Percentage

20-40%

Infrastructure

Location Type	URBAN
Building Infrastructure	Permanent
Size of Premises	1000 square feet
Space Around	Front porch

Company USP

Primary Competitive Advantage	Experienced R & D Department
Quality Measures / Testing Facilities	Yes

Statutory Profile

Import Export Code (IEC)	03940*****
Tan No.	MUMF0*****
Banker	HDFC BANK HDFC BANK
GST No.	27AAACF4202A1ZH
CIN No.	U27106MH1991PTC063422

Packaging/Payment and Shipment Details

Customized Packaging	Yes
Payment Mode	Cash Cheque DD Credit Card
Shipment Mode	By Road By Sea By Cargo

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Quality Policy:

In adherence to quality control measures we are able to offer an impeccable range of products with zero defects. Our quality control squad keeps an eye on the entire production procedure and vigilantly checks each and every stage of manufacturing process. They check the products to prevent manufacturing defects and offer quality proven products to our clients. Our manufacturing method proceeds as per the quality standards of organizations such as BS, ASM and IS. We own in-house laboratories where the products are tested prior to they are finally dispatched to our customers. Our finished products pass stringent test and functionality test before they reach to the assigned client. We manage our projects efficiently in order to complete them on time and make certain that they meet the international standards and are delivered on scheduled time frame.We have our own lab including Spectrometer, Hardness Machine, Temperature Meter, Chemical lab, Vernier, Micrometer etc.

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ISO Certification

ISO9001:2008 CERTIFICATION.

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Our Product Gamut

We offer a wide range of hot rolled and structural steel products to our global clients. Our products are manufactured from superior quality mild steel billets which are procured from the leading vendors in the market. Our wide spectrum of products includes M. S. Bars, M. S. Wire, and CO2 Wires, Structural Steel and HR Sheet and plates. The products we manufacture are:

Easy to use

Durable

High functionality

Easy operation

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Clientele Base:

We cater to our clients based in South East Asia, Middle East Asia, Europe and Africa. We serve our quality proven products and impeccable services to the domestic as well as the international market. Our list of vast clientele base includes:

Indiana Grating- India

Reliance- India

Larsen and Turbro - India

Gabriel

Tata Group

Essar oil

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Why Us?

Competitive prices

Dedicated to quality

Excellence in engineering products

Specialized packaging

On time delivery

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Professional Executive Management

Mr. Gopal A. Parekh (Founder)
Mr. Dilip A. Parekh (B.com, 40 yrs Exp – Sr. Manager)
Mr. Jatin G.Parekh (B.Com, Management Qualified, 25yrs.Exp. – Managing Director)
Mrs. Hemali J. Parekh (B.Com,5 yrs Exp – Director)
Mr. Mulraj Chheda (C.A.,25 yrs Exp – Director)
Mr. Sunil Nair (B.Com, ICWA (Inter) 5 yrs Exp – Director)
Mr. Mohan Nair (B.A., Diploma in Mech. Engg.,25 yrs Exp – General Manager-Works)
Mr. Madhu Mhatre B.Com.,Diploma In Finance,17 yrs Exp – Accounts & Financial Manager
Mr. Raju Singh (SSC, 22yrs Exp in Steel Rolling Mills – Foreman)
Mr. Alok Singh (MBA Marketing, 15 yrs Exp – Sales Manager)
Mr. Raghu Raj (B.Com, 15 yrs Exp – Marketing Manager)
Mr. Manish Chauhan (B.Com, ‘O’ Level (DOEACC, New Delhi.) 7 yrs Exp Sr.Accountant)
Mr. Vijay Doshi (B.Com. – 12 yrs Exp – Asst. Sales Manager)

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Our Strengths

Selling 25,000 M.T. of Steel Products per Annum.
One among Large Steel Suppliers & Producers.
Market Presence of 45 years
Professional management
Cutting edge technology
Trusted Business track record
Ethical business practices
Transparency in dealings
Engineering excellence
Globally competitive rates
Time bound deliveries
Undivided Personal attention -Short chain of command.
Wide Range of Steel Products under one roof.

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Approx. 4500tonnes Distributed Every Month

Why Fortran steel-Parekh Group?

Strengths:

Range of products
Open to innovative ideas,
A T M – “Any Time Material”
Strong core team
Good will & credit worthiness
Market location advantage
1. Near to JNPT Port
2. Hot Steel – Rolling Mill : 1500 M.T. Per Month
3. WIRE DRAWING
4. Bright Bar Unit

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Approx. 4500tonnes Distributed Every Month

We serve a wide cross section of Industries

Automobiles / Truck-Bus body building
Construction and Infra-structure projects
Power transmission
Oil refineries
Railways
Airport
Road Infra Company
Nut Bolt Fastener industries
Textiles
Fastener, Nails and Bright bars
Plastics / sugar/ furniture
Bucket handle & kitchen trolleys etc. and ….
Export markets

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We serve a wide cross section of Industries

Wide range of Products Marketed / Sold by us

Structural Steel

M.S. Heavy Flats Size : 12 mm×3 mm to 300 mm×25 mm
MS Square Size from 16 mm x 16 mm to 53x53mm
MS Round 16mm to 53mm
Bright Flat bar 40 mm×10 mm to 100 mm×25 mm
Bright Square 6mm to 65mm
Bright Round 3mm to 80mm
Hex Bar 10mm to 50mm
M.S. wire 1mm to 16mm wire coil from HB/HHB/Annealed wire from MS/HC/Born/EN1a/SS.

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Wide range of Products Marketed / Sold by us

A few of Our Valued Clients

Reliance India
L & T
ABB
Tata Group
Great Weld
Technocraft Industries
Tata bluescope Steel Limited
Konecranes
Mahendra Group
Bajaj Group
Kirloskar Group
Ashok Leyland
Uhde India Ltd.
Hyundai Heavy Industries Co. Ltd.
Bajaj Electrical Ltd.
Blue Star
Ray Construction Ltd.

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What are the Customer's Expectation from Steel Mills and Steel Suppliers?

SAFETY (material quality, safer devices and mechanisms, automation)‏

Human life above anything

Cost and Process:

Lead continuous improvement process and cost reduction
Capacity to solve problems and identifying causes
Recycling of Steel waste

Flexibility, Knowledge and Speed:

Possibility to change from focus on cost to focus on production quickly
Knowledge management and continuous assessment best practices
Working capital management by inventory control
Steel performance and cost , reporting capabilities

DREAM: The “infinite” Relationship - cost effective Steel from Fortran- Steel (Parekh Group).

Three “do Not” For Steel- Salesman:
“My costs are increasing, therefore I need a price increase” – Price is market, not cost
“STEEL is only a small portion of Customer's Overall cost” – Everything matters on the overall cost
“I can not understand why I do not sell to you” – AM I LACKING IN market Study?, homework?

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What are the Future Challenges for Steel

Steel Industry:

The focus now is on improving and consolidate the current assets.
The challenge of the steel industry is to be competitive against China and CIS, which accounts for more than 50% of the global steel production.
This can be achieved ,only through innovation, differentiation, and by adding services to our products.

Steel Supply Chain:

The Steel industry is more consolidated and more vertically integrated than Others, however the rising competition is a future threat.
The challenge is to increase the ability to provide a broad solution to the customer base (maybe through consolidation or Joint Ventures between companies).
To develop and increase performance in all Steel Products
Apart from Our own Produce of Rolling Mill / Wire Plant / Bright Bars, We also Supply steel from Main producers , Like SAIL, RINL, Tata Steel, Jindal, Essar Steel etc.
To secure good quality raw materials (upstream or with a strong supply chain).
To be prepared for a sudden increase in the demand of Steel .
Retain and develop people with technical skills and knowledge.

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Our Vision

Vision Statement:-

Creating value in the lives of people through innovation, thereby developing as sense of pride for those associated with us.

Established in 1991
Fast growing company with ISO 9001 – 2000 certification
Cutting edge technology ,State of Art plant
Manufacturing, Supplying wide range of high quality of Steel Structural products