Bluenile Rolling Mills Limited

 
 
The group split from one of the country’s largest producer of building materials to form a manufacturing outfit in 2006 which now comprises of 2 totally diverse industries. While each division is independently managed and run, they are at the same time governed by common policies and goals. The company’s main operating lines of businesses are steel manufacturing, real estate, trading, and export. In the last eleven years the manufacturing outfit has grown from strength to strength to become one of the leading Commercial business houses in Kenya.

 

Blue Nile Group is composed of:

§   Blue Nile Wire Products Limited – Wire products manufacturing factory.

§   Blue Nile Rolling Mils Limited – Steel product manufacturing factory.

The Blue Nile group is a well known success story among the steel manufacturing sector in the country.

 

The group has grown to have a capacity of 100,000 TPA .The company believes in installing state of the art technology and keeps upgrading its machinery in due time. This helps us to produce high quality steel and helps maintain the safety standards. Our products are deemed fit for usage by the KEBS which is the body responsible to maintain standards in the country. Over the years the group has developed a large regular client base which include some of the top business houses of the country.

The company is led by people with immense experience and is guided by top notch people in the field of finance, law and administration. The promoters of the organisation have immense experience in major companies both locally and internationally.

On a daily the company offers approximately 500 job opportunities to the Kenyan citizens and produces and average of 6000 tonnes per month.

 

Blue Nile Wire Products is working to further reinforce its position as a market leader and is therefore expanding its international presence in various upcoming markets. The company has also recently invested in infrastructure and plant & machinery to expand its product offering. The company achieved a 300% growth in sales between 2007 and 2010 and sales are currently estimated at KES1.5 billion (USD 16 million).

The Kenyan Bureau of Standards and ISO 9002 accredit the facility.

 

MANAGEMENT

 

With vast experience in manufacturing and trading activities, the Directors are steering the company to greater heights. Having been in the industry for over 39yrs and being backed up with relevant academic scores, the company is well steered and the result can be seen from the output.

They Include;

1.Kotni R. S Rao Executive Director, Chairman/MD

2.Botu J. Rao Executive Director, C.E.O and Director(Commercial)

3.    Raghu Chandra – Executive Director (Technical)

4.    Varasi Romesh kumar – Non Executive Director

5.Saleem Mohammed Non ExecutiveDirector

PRODUCTS OFFERED

 

       
   

 

Barbed Wire                                                             Chain Link

 

 

TEE Sections                                                           Expanded Mesh

   

 

Flats                                                                         Welded Wire Mesh

 

Round Bars                                                              WireRod Coils

 

IBUKA

 

       
   
 

 

 

BlueNile Rolling Mills Ltd was admitted into the Ibuka program – Acceleration Board on 27th March 2019.

The platform has provided visibility and steered guidance to set up requisite governance, company restructuring and compliance structures to enable it raise capital, attract investors and potential partners and take advantage of capital markets products.

The firm is geared towards listings at the bourse.

 

CONTACT INFORMATION

Physical Address: Garissa Road, Thika, Kenya Telephone Number: +254 (0) 722816044 Email Address: This e-mail address is being protected from spambots. You need JavaScript enabled to view it. Website: https://www.bluenile-group.com

 

Market Summary

Summary as of 18 June 2021
Indices
NSE ALL SHARE INDEX 173.48
NSE 20 SHARE INDEX 1,908.57
NSE 25 SHARE INDEX 3,766.20
ETF in Units-Total Deals 0.00
ETF Turnover in KES 0.00
FTSE NSE Kenya 15 Index 202.32
FTSE NSE Kenya 25 Index 227.86
FTSE NSE Kenya Govt. Bond Index 96.76
FTSE ASEA Pan African Index 1,058.35
More trading Stats
MARKET CAPITALIZATION (KES billions ) 2,684.28
TOTAL SHARE TRADED 18,190,100.00
EQUITY TURNOVER 694,543,617.00
TOTAL EQUITY DEALS 1,591.00
I-REIT TURNOVER 32,426.00
TOTAL I-REIT DEALS 12.00
DERIVATIVES TURNOVER 652,050.00
TOTAL DERIVATIVES DEALS 1.00
TOTAL DERIVATIVES OPEN INTEREST 167.00
TOTAL DERIVATIVES VOLUME 13.00

Market Status

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0930 Hrs-0931 Hrs(+3 GMT)Auction
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