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KIOCL
4.0
based on 65 Reviews
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Company Overview
Company Locations
Working at KIOCL
Company Summary
KIOCL operates in iron ore mining and pelletization, contributing to the steel industry with a strong history and advanced production facilities.
Overall Rating
4.0/5
based on 65 reviews
3% above
industry average
Highly rated for
Salary, Skill development, Work satisfaction
Critically rated for
Promotions
Work Policy
Monday to Saturday
64% employees reported
Flexible timing
55% employees reported
No travel
40% employees reported
Day shift
100% employees reported
View detailed work policy
Top Employees Benefits
Child care facility
2 employees reported
Office gym
2 employees reported
Cafeteria
2 employees reported
Job/Soft skill training
2 employees reported
View all benefits
About KIOCL
Founded in1976 (49 yrs old)
India Employee Count1k-5k
Global Employee Count1k-5k
India HeadquartersBangalore/Bengaluru, Karnataka, India
Office Locations
--
Websitekioclltd.in
Primary Industry
Other Industries
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View in video summary
KIOCL Limited (Formerly known as Kudremukh Iron Ore Company Limited), a Flagship Company under the Ministry of Steel, Govt. of India was formed on 2 April 1976 for mining and beneficiation of low grade iron ore at Kudremukh, Karnataka, India.
KIOCL has been a pioneer with over four decades of experience in operating Iron Ore Mining, Beneficiation and Iron–Oxide Pelletisation in the Country. KIOCL is having facilities to operate 3.5 MTPA Iron-oxide Pellet Plant, Blast Furnace Unit to manufacture 2.16 lakh tonnes per annum Pig iron at Mangaluru, Karnataka.
KIOCL is an EoU and a profit making, continuous dividend paying Company with a positive net worth and Mini Ratna Category I PSU is also an ISO9001:2015, ISO14001:2015 and ISO45001:2018 certified Company. The Company is...
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KIOCL Ratings
based on 65 reviews
Overall Rating
4.0/5
How AmbitionBox ratings work?
5
32
4
23
3
3
2
3
1
4
Category Ratings
4.0
Salary
4.0
Skill development
3.9
Work satisfaction
3.8
Work-life balance
3.6
Company culture
3.6
Job security
3.3
Promotions
KIOCL is rated 4.0 out of 5 stars on AmbitionBox, based on 65 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
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KIOCL Reviews
Top mentions in KIOCL Reviews
Compare KIOCL with Similar Companies
 |  Change Company |  Change Company |  Change Company | |
|---|---|---|---|---|
Overall Rating | 4.0/5 based on 65 reviews | 3.3/5 based on 669 reviews | 4.3/5 based on 583 reviews | 3.5/5 based on 1.2k reviews |
Highly Rated for | Skill development Salary Work satisfaction |  No highly rated category | Job security Skill development Work-life balance | No highly rated category |
Critically Rated for | Promotions | Promotions Salary Company culture |  No critically rated category | Promotions Company culture Salary |
Primary Work Policy | - | Work from office 78% employees reported | Work from office 73% employees reported | Work from office 85% employees reported |
Rating by Women Employees | 4.1 Good rated by 7 women | 1.7 Bad rated by 10 women | 4.7 Excellent rated by 15 women | 2.4 Poor rated by 37 women |
Rating by Men Employees | 3.9 Good rated by 53 men | 3.4 Average rated by 636 men | 4.2 Good rated by 536 men | 3.5 Good rated by 1.1k men |
Job security | 3.6 Good | 3.3 Average | 4.2 Good | 3.2 Average |
View more
KIOCL Salaries
KIOCL salaries have received with an average score of 4.0 out of 5 by 65 employees.
Electrical Engineer
(19 salaries)
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₹5.5 L/yr - ₹8.7 L/yr
Accountant
(11 salaries)
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₹3.6 L/yr - ₹5.3 L/yr
Mechanical Engineer
(8 salaries)
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₹3.1 L/yr - ₹7.8 L/yr
Assistant Geologist
(7 salaries)
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₹5 L/yr - ₹6 L/yr
Graduate Engineer Trainee (Get)
(5 salaries)
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₹6.3 L/yr - ₹13 L/yr
Account Assistant
(5 salaries)
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₹2.6 L/yr - ₹3.3 L/yr
Civil Engineer
(5 salaries)
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₹2 L/yr - ₹7.8 L/yr
Maintenance Engineer
(5 salaries)
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₹2.3 L/yr - ₹8.1 L/yr
Officer
(5 salaries)
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₹3.3 L/yr - ₹3.6 L/yr
Graduate Apprenticeship Trainee
(4 salaries)
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₹1.2 L/yr - ₹2.5 L/yr
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KIOCL News
Stock Market Highlights 17 February 2025: Sensex, Nifty crawl up to close marginally higher
- Sensex is getting support near 75,400 with resistance around 77,100. Nifty Bank index's immediate outlook is unclear, finding support near 48,700. Long-term supports include Nifty 50 at 22,500-22,000, Sensex at 74,000-72,000, and Nifty Bank at 48,000-46,600.
- Stock markets rebounded with Sensex closing higher by 57 points, driven by value buying in blue-chip stocks. Indian rupee depreciated against the US dollar due to foreign fund outflows and global uncertainty impacting the forex market.
- Eurobank partners with LTIMindtree to establish a Global Delivery Centre in Pune, enhancing banking operations and IT services. Various stocks like KIOCL Limited and Shakti Pumps (India) witnessed fluctuations in trading on the NSE.
- Arrow Capital, regulated by the Dubai Financial Services Authority (DFSA), has expanded its services globally. InCred acquires Arrow Capital, broadening its financial solutions globally.
- Quality Power Electrical Equipments' IPO saw 62% subscription on day 1, with Ajax Engineering IPO listing at a slight discount. Glenmark Pharma Chairman discussed US tariffs and upcoming launches.
- Financial highlights for various companies, such as Swan Energy, Kitex Garments, and UFLEX, with their net profits and revenues compared year-over-year.
- Earnings data for Q3FY25 & 9MFY25 showed growth in pre-provision operating profit and profit after tax, indicating resilience in the lending sector.
- Q3FY25 results for BSE500 and Nifty companies were modest, with slight improvement sequentially. Earnings downgrades continued, albeit at a slower pace, impacting valuations.
- Institutional flows remained resilient despite market corrections. Macroeconomic events like Federal Reserve meeting minutes and China loan rates are expected to influence market focus in the upcoming week.
- Nifty 50 closed with a loss of 2.68%, while Nifty Bank maintained a 2.11% loss. Weekly fund-flow activities showcased FIIs selling equities and DIIs buying in the cash segment.
HinduBusinessLine | 17 Feb, 2025
Stock Market Today: All You Need To Know Going Into Trade On Feb. 14
- The Nifty 50 and Sensex closed lower for the seventh consecutive session, with Infosys Ltd. and HDFC Bank Ltd. impacting Nifty 50 the most.
- Foreign portfolio investors sold stocks worth around Rs 2,789.9 crore, while domestic institutional investors bought equities worth Rs 2,934.5 crore.
- Indian rupee closed flat at 86.89 against the US dollar, maintaining its previous day's closing value.
- Key earnings highlights include Hindalco Industries, KNR Constructions, Carborundum Universal, Senco Gold, Titagarh Rail Systems, United Breweries, HCC, KIOCL, and more.
- Stocks to watch include Mahindra Lifespace Developers, Manappuram Finance, Bank of Baroda, TCS, Ultratech Cement, and more with various corporate actions and developments.
- IPO offerings mention Hexaware Technologies subscription status and Quality Power Electrical Equipments forthcoming public offer details.
- Insider trading activities reported acquisitions by promoters of companies like Mangalam Cement, Jindal Drilling & Industries, Jindal Steel & Power, and others.
- Market trading tweaks, F&O cues, currency update about the Indian rupee closing flat against the US dollar, and other financial market insights are also shared.
Bloomberg Quint | 14 Feb, 2025
Public Sector Undertakings Have Lost Over Rs 8 Lakh Crore In Market Cap So Far In 2025
- Indian markets have been on correction mode since the start of 2025, with the total market having lost around Rs 36.5 lakh crore in market capitalisation.
- The aggregate market capitalisation of PSU stocks has fallen by Rs 8.03 lakh crore, marking a 13% fall in market capitalisation among PSU counters year-to-date.
- Life Insurance Corp. of India has lost the most market capitalisation among PSUs with a loss of Rs 75,500 crore.
- KIOCL, Bharat Earth Movers, ITI, RITES, and Titagarh Rail Systems are the top five companies that have lost the most market capitalisation in percentage terms.
Bloomberg Quint | 12 Feb, 2025
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KIOCL FAQs
When was KIOCL founded?
KIOCL was founded in 1976. The company has been operating for 49 years primarily in the Iron & Steel sector.
Where is the KIOCL headquarters located?
KIOCL is headquartered in Bangalore/Bengaluru, Karnataka.
How many employees does KIOCL have in India?
KIOCL currently has approximately 1,700+ employees in India.
Does KIOCL have good work-life balance?
KIOCL has a Work-Life Balance Rating of 3.8 out of 5 based on 60+ employee reviews on AmbitionBox. 85% employees rated KIOCL 4 or above, while 15% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read KIOCL reviews for more details.
Is KIOCL good for career growth?
Career growth at KIOCL is rated as moderate, with a promotions and appraisal rating of 3.3. 15% employees rated KIOCL 3 or below, while 85% employees rated it 4 or above on promotions / appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading KIOCL reviews for more detailed insights.
What are the pros and cons of working in KIOCL?
Working at KIOCL comes with several advantages and disadvantages. It is highly rated for salary & benefits, skill development and work satisfaction. However, it is poorly rated for promotions / appraisal, job security and company culture, based on 60+ employee reviews on AmbitionBox.
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