Kajaria Iron Castings was incorporated in Aug.'86 as Prudential Marketing. It became public and the name was changed to the present one in 1989. It was promoted by Ravi Kumar Kajaria.
The company procures pig iron, gets it converted into castings according to its specifications, and exports the products. The major clients of the company are located in west Europe, the US, the UK and west Asia.Its major products are cast iron manhole covers and cast iron gully gratings and covers. The company came out with a public issue in Oct.'94 (premium : Rs 30).
As a step towards backward integration, the company proposes to set up a pig iron plant with a capacity, to produce 90,000 tpa in Raturia, Durgapur. The civil construction work of the project is started. It has retained the services of Tata Korf Engineering for technical know-how and consultancy. The company has setting up a wholly-owned subsidiary in the UK.