Empowering global infrastructure through exceptional services and solutions
Fedders Holding Ltd. (the ‘holding company’) owns subsidiary companies, manage investments, and provide strategic direction to the subsidiaries including Fedders Electric and Engineering Limited (FEEL)
The holding company acquired FEEL with 100% stake in 2021 to enter into new markets and expand its market presence
FEEL (the ‘Company’) ventured into the sectors of iron ore mining and manufacturing steel structures.
The Company envisions to oversees the full spectrum from iron ore mining through to TMT bar manufacturing, encompassing activities like iron ore beneficiation, and steel billet production
FEEL also exports iron ore sourced from affiliated mines and is actively developing a complete TMT bar manufacturing facility
FEEL is a leading supplier to the Ordnance Factory***, dedicated to providing high-quality solutions that meet the stringent requirements of the Ordnance Factory
The Group expanded from cylinder manufacturing to become an iron ore and steel producer
The Board of Directors of Fedders Holding Limited have taken note of the acquisition of land measuring around 60 Acre in Odisha for the purpose of setting
up of Iron Ore Beneficiation Plant having capacity of 1.5 MMT* per annum by its subsidiary company namely M/s. Fedders Electric and Engineering Limited, at
its Board Meeting held on July 8, 2024
Key Milestones Achieved
1996
Founded LPG Cylinder
spare parts manufacturing
2001
Manufacturing of
Galvanized Iron Pipes
2009
Manufacturing of
LPG Cylinder
2016
Establishment of
Bhubaneshwar LPG
cylinder unit
2020
Acquired IM+
Capital, a listed
Investment Company
2021
Acquired FEEL* &
Iron Ore Mines in
Odisha
2023
Bought 3 Freight carriers trains of 61
wagons (each) Bought 60 acres of
land for Sundergarh
Iron Ore Plant
Mission, Vision and Values
Strives for global leadership through innovation, customer-centricity, and operational efficiency
Vision
- Expansion and innovation of the Defence Sector as an approved vendor leveraging company expertise
- To integrate high-quality steel manufacturing, seamlessly transforming iron ore into products like TMT bars and MS/GI pipes
Mission
- To lead with expertise in iron ore processing, pioneering sustainable solutions for sponge iron, TMT bars and iron beneficiation
- To deliver superior products through innovation and environmental stewardship, with a focus on stakeholders and local communities
Values
Excellence in quality, innovation, integrity, and customer satisfaction, ensuring
sustainable growth and leadership in the industry
Company’s Achievements & Awards
The Company has achieved tremendous milestones and received awards for its excellence
“Life Time Achievement Award” from Hon’ble Chief Minister, Uttar Pradesh, Mr. Yogi Aditya Nath, for playing an essential role in economic development through promoting entrepreneurship and self-reliance
Received an Award for “Best on-time performance for medium engineering goods” from Bharat Petroleum Corporation Limited for consecutive two years
Received “Certificate of appreciation” from Ministry of Finance, Government of India, for prompt filing of all GST returns and payments
Geographic Prescence & Company Assets
Operates across 3 states in India, with facilities including plants, iron mines, and manufacturing sites
Company key assets details
| Asset | Location | Size |
| Shed/Building | Haridwar | 20,000 Sq. meter |
| Land/Building | Rudrapur | 24,000 Sq. meter |
| Land/Shed/Building | Vadodara | 32,000 Sq. meter |
| Land/Shed/Building | Noida | 24,000 Sq. meter |
| Land/Factory | Sikandrabad | 45,000 Sq. meter |
| Land/Factory | Bhubaneshwar | 20,000 Sq. meter |
| Guest House | Barbil | 1,800 Sq. meter |
| Steel Plant | Sanindpur/Odisha | 60 Acre |
| Land | Vrindavan | 20 Acre |
Locations
Uttar Pradesh
Head Office: Ghaziabad
GI and MS Pipe Manufacturing Site:
Sikandrabad (100,000 sq ft.)
Office Space: Noida (300,000 sq ft.)
Odisha
Steel Plant: Sanindipur
LPG Cylinder Manufacturing Plant:
Bhubaneshwar
Iron Ore Mine: Koira
Uttarakhand
Industrial Shed land building: Haridwar
(50,000 sq ft.)
Land & Building: Rudrapur(60,000 sq ft)
Company Growth Strategies & Pipeline Activities
Driving growth via market expansion, operational efficiency, and core capability enhancement
Key Strategies
Market Expansion: Continually grow the addressable market by investing in new geographies and industry verticals
Operational Revitalization: Focus on resuming non-operational plants or setting up new plants
Business Enhancement: Strengthen the export of power equipment and components to multilateral agency-funded projects and expand the export of iron ore fines
Iron Ore Plant: The company is setting up a government-approved plant in Sundergarh, Odisha, with a capital investment of Rs. 533 crores
Management Team
Vishal Singhal
Managing Director
Education Background
Graduated from Delhi University
MBA from SP Jain Institute of Management and Research
Experience
Joined family business in 2016
Played crucial role in acquiring Fedders Electric and Engineering Limited
Rakesh Singhal
Director
Oversees strategic decision-making and governance, guiding the company towards its objectives
Mohit Kansal
CFO
Manages financial plans, budgets, and projections to ensure the financial health and stability
Sakshi Goel
Company Secretary
Ensures compliance with corporate governance and regulatory requirements
Major Clients
The company boasts a global client base, strengthening its extensive networking with clients
Headquarter Switzerland
Headquarter Singapore
Headquarter India
Headquarter Singapore
Headquarter UAE
Headquarter Hong Kong
Headquarter Singapore
Indian Iron Ore & Steel Market
India's steel sector growth is fueled by local iron ore resources and affordable labor
- Iron ore fuels India’s industrial growth, boasting the world’s fifth-largest reserves of this foundational mineral
- Iron ore is crucial for steel production, with changes in one market affecting the other significantly
- The demand is primarily increasing, fueled by infrastructure development, industrial growth, and urbanization
Let’s talk
Fedders Electric and Engineering Limited