Varrsana Ispat Limited is a wholly owned subsidiary of Stata Mater Investments Limited. Stata Mater Investments Limited (“SMIL”) is incorporated in the Republic of Mauritius as a private limited company on 14 October 2020 under the Mauritius Companies Act and is granted a Global Business Licence under the Financial Services Act 2007 on 15 October 2020.
The registered office of SMIL is located at Suite 203, 2nd Floor NG Tower, Ebene Cybercity, Mauritius. SMIL has been established as a special purpose vehicle (SPV) for the purpose of holding and managing investments on behalf of Triton Special Opportunities Fund Limited. SMIL is principally involved in investing in the metals and mining space. SMIL’s focus is to capture opportunities in this sector in high growth and high potential economies including South Asia, Middle East Asia and Africa.
Varrsana Ispat Limited is among Gujarat's leading integrated steel manufacturers, delivering a comprehensive portfolio of high-quality steel products across India. Our state-of-the-art manufacturing facility, strategically located in the Kutch region of Gujarat, is equipped with advanced technology to produce superior-grade steel that meets the evolving demands of infrastructure and industrial development.
Our diverse product portfolio includes TMT bars, heavy and medium structural steel products such as beams, channels, and angles, as well as transmission line towers up to 765 KV. These products serve a wide range of sectors, supporting some of India's fastest-growing infrastructure and construction projects.
As Gujarat's only fully integrated steel manufacturer with operations spanning the entire value chain—from iron ore and coal to finished steel products—we maintain complete control over every stage of production. This end-to-end integration enables us to ensure consistent quality, reliable deliveries, operational efficiency, and resilience against market fluctuations.
Within a relatively short period, Varrsana Ispat Limited has earned the trust of leading corporate and government organizations, including Reliance Industries Ltd., MPPTCL, Associated Power Structures Pvt.Ltd., O2 Power Pvt.Ltd., RRVPNL, NHAIL, GETCO, PGCIL, Adani Green Energy Limited, Ampin Energy Transition Pvt.Ltd. Our commitment to quality has also enabled us to establish a strong presence in international markets, with exports to quality-conscious customers across the Middle East.
“To lead the industry by setting new standards of excellence, driven by innovation, uncompromising quality, and enduring customer trust.”
VisionDriven by excellence, we combine quality, innovation, and reliability to create lasting value and exceed customer expectations.
Our Integrated Workflow from Iron Ore to Finished Steel
Processing of Iron Ore & Coal as the primary raw material.
Converted in 4 Rotary Kilns to produce high-grade Sponge Iron.
Melting in Electric Induction Furnaces to produce molten steel.
Refined in Ladle Refining Furnace to achieve desired chemistry.
Continuous Casting Machine converts molten steel into Billets.
High speed rolling and Thermex quenching for TMT Bars.