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BSF India has recently got approval from German and UK buyers ofBrass book screws and male female screw

BSF India ( http://www.screws-fasteners.in ) has recently got approval from German and UK buyers of Brassbook screws and male female screw posts. The comapny has diversiedin to this folder screws Book binding screws business withacquisition of new Russian/Italian machines and can offer screws upto 6" in length .

The market of Chicago screws and book biding screws is largelydominated by European companies and BSF will be first Indiancorporation to breach in to this highly quality conscious market.

The cold heading and bar turning machines can give accuracy of upto 30 microns which is a god standard for the industry. The cost ofnew machines ahs been 4.5 Mn US$ which has been met from internalaccruals and bridge loan from SBL Bank.

BSF India with a workforce of 232 people is large exporter andmanufacturer of anchor fasteners cheese head screws Pan head screwsDIn 84 and DIN 85 with a strong foothold in UK USA GermanyAustralia etc. With its brand new facility at Rajkot BSF also plansto introduce 8.8 grade high tensile fasteners for automobileindustry along with other cold formed parts and radiatoraccessories.

The company has already got first sample approval from some leadingauto names in the country and Europe for HT fasteners in metricsizes. ( http://www.screws-fasteners.in/resourcess.htm ) . Brass anchors ( http://brass-anchors.screws-fasteners.in/ ) produced by BSF are used for door and wedge fastening acrosscentral European countries.

The company plans to hit the capital market with an IPO in about 12montsh for generation of funds to meet working capital requirementspost expansion and product approval with the auto companies.

Mr. Sayal the CFO of the company is confident of achieving 20% YOYgrowth in top line and bottom-line. The present turnover of thecompany is 23 Mn US$ inclusive of exports.