Mahamaya Steel Industries Limited, formerly known Rajesh Strips Limited, was established in May, 1988. The name of the Company was changed from Rajesh Strips Limited to Mahamaya Steel Industries Limited during the period 2008-09. Mahamaya Steel a major industry in the group, is presently manufacturing steel structures in the shape of Angles, Beams, Joist, Channels, Rounds, Flats, Railway sleepers etc. It has high capacity structural rolling mills with full fledged supportive SMS. The manufacturing facilities are operated at Raipur, Madhya Pradesh.
Mahamaya has many prestigious customers ranging from BHEL, BHPV, MAHAGENCO, CSPDCL, TNEB, GETCO, MSPDCL, MPPDCL, DGVCL, PGVCL, MGVCL,ONGC, RAILWAYS, RELIANCE, JINDAL etc. It is also conversion agent of SAIL, JINDAL. Mahamaya has kept pace with modern time, by continuously modernizing its plant and equipment so that its product confers to specification as required by different customers.
The company came out with a public issue in Feb.'94 to part-finance its expansion-cum-modernisation programme to manufacture 50,000 tpa of steel structurals and 10,500 tpa of steel strip coils. The expanded capacity went on stream in Mar.'94.
In 1995-96, the company expanded by converting its single drive system to double drive operation syste...