Kathmandu. Siddhivinayak Steels Company, a subsidiary of Goenka Group, has made a turnover of around Rs 1.25 billion in the last fiscal year. Established in 2018, the company has a business of Rs. 1.11 billion by manufacturing MS Black Pipe and cutting materials.

The company has a turnover of Rs 1.01 billion in 2024. Similarly, the company had a turnover of Rs 1.31 billion in 2023. The company has a rating of Rs 2.65 billion for long-term and short-term loans. The company has rated Rs 1.08 billion for long-term loan and Rs 1.56 billion for short term loan.

The company has been operating the factory with an annual capacity of 73,000 metric tons. Ram Gopal Goenka is the chairman of the company.