This Company was incorporated for the setting up of an Industrial Estate in Rajpura, District Patiala, Punjab pursuant to a Memorandum of Understanding entered into between Mawana Sugars Limited (Formerly known as Siel Limited) and the State Government of Punjab. Siel Industrial Estate Limited has so far acquired 596 acres of land through Government of Punjab, out of which about 140 acres has been sold to various parties including Mawana Sugars for setting up of its Chemical Plant.