Essar Hypermart
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Essar Hypermart is a steel retail chain headquartered at
Mumbai Mumbai (, ; also known as Bombay — List of renamed Indian cities and states#Maharashtra, the official name until 1995) is the capital city of the Indian States and union territories of India, state of Maharashtra and the ''de facto'' fin ...
, India. It has a steel retailing network of 520 outlets. Essar Hypermart is a part of the multinational conglomerate, the
Essar Group Essar Group is an Indian multinational conglomerate company, founded by Shashi Ruia and Ravi Ruia in 1969. As Essar Global Fund Limited (EGFL), the company controls a number of assets across the core sectors of energy (oil refining, oil a ...
.


History

The company was an initiative of Essar Steel, a 14 MTPA steel producer and one of India's largest; to bring steel directly to SMEs and end-users. With its origins in India, Essar Steel sought to eliminate the role of intermediaries in the steel-buying process. The first Essar Hypermart opened in
Gandhidham Gandhidham, initially known as Sardarganj, is the largest and most populous city in Kutch District, Gujarat, India. It was created in the early 1950s for the resettlement of Sindhi Hindu refugees from Sindh (now in Pakistan) in the aftermath ...
, Gujarat in 2006. Since then, its network has grown to include smaller franchisees and the 100th Essar Hypermart opened in Ranchi in 2010. For the financial year 2009/2010, the company reported revenue of .


About Essar Hypermart

Essar Hypermart is a store for all steel products. It houses under a variety of steel products that cater to a variety of industry segments. Its product portfolio is backed by Essar Steel – a global steel producer with a presence in steel consuming markets like Asia and North America. Essar Hypermart also offers financing options like channel financing, letter of credit and bank guarantee facilities, and has introduced personalised services like the Door Delivery Model that delivers steel products directly to the consumer's doorstep. Essar Hypermart is also supported by the Essar Steel processing and distribution facilities that enable Essar Hypermart to meet the needs of customers with steel from a single to a few tonnes, customised in sizes and widths as per their requirements.


Products and services

The Essar Hypermart portfolio includes cold-rolled steel, hot-rolled steel, galvanised plain, galvanised corrugated sheets, chequered plates, shot-blasted plates, heavy plates, colour-coated steel and TMT bars.


Hot-rolled steel

Rolled to its final dimensions while hot enough to scale, Essar's hot-rolled steel is an amalgamation of the various qualities of steel. It is a useful input in various industrial applications. Hot Rolled Steel is in the form of plates, sheets and coils. Its applications are in automobiles, fabrication, general engineering, infrastructure etc. Its specific dimensions are: thickness: 1.6 mm – 20 mm, width: 1250 mm – 2000 mm, length: 2500 mm – 6300 mm.


Essar Group

Essar Hypermart is a part of the Essar Group – a multinational conglomerate in the sectors of Steel, Oil & Gas, Power, Communications, Shipping Ports & Logistics, Construction, and Mining & Minerals. With operations in more than 20 countries across five continents, the Group employs 65,000 people, with revenues of US$15 billion.


References

{{Essar Group Retail companies of India Retail companies established in 2006 Companies based in Mumbai Essar Group Indian companies established in 2006 2006 establishments in Maharashtra