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History

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1959
India Steel Industries founded by Mr. Harbanslal Gupta as, with a plant for manufacturing bright bars & several other products in Central Mumbai with a capacity of about 4000 tons per annum
1980
The industries narrows its focus to production of bright bars
1987
Emphasis shifted from carbon steels to stainless steels.
1990
One of the Group Company, Isibars Pvt Ltd (ISI standing for India Steel Industries) is floated and sets up in Turbhe, Navi Mumbai for the manufacture of stainless steel bright bars.
1992
Isibars Limited, got listed on the Bombay Stock Exchange with an initial public offer, which was heavily oversubscribed.
1994
Isibars Limited integrated backwards into steel melting and hot-rolling by setting-up a steel-plant in Khopoli, near Mumbai
1995
Major expansion plan kicks off to modernize the steel-plant, expand capacity, and increase product range
1996
Bright bar division started at Khopoli and bright bar capacity at Navi Mumbai is increased
1997
A wire division is started under the name Isinox Steels Ltd at Savroli near Mumbai
1998
A state-of-the-art bar and rod rolling mill is bought from Pomini S.p.A. (now Siemens VA) of Italy & commissioned successfully.
2013
New furnaces and combined drawing machines are added to increase finishing capacity & improve quality. Steel-melting capacity is increased to achieve full potential of Hot-rolling facilities. Bright Bar capacity in Navi Mumbai shifted and merged into the Khopoli facilities.
2016
The name of the Company was changed from Isinox Steels Limited to Isinox Limited (w.e.f. 1st October, 2016), which indicates that the Company is into Stainless Steels Products.