Company lists
The Maharashtra edition · 2026

Metals and alloyscompanies in Maharashtra

Steel, aluminium & copper, galvanizing, metal recycling, construction metals and more: the companies building metals and alloys in Maharashtra, with their founders, funding, team size and business models.

370 company profiles46 with reported revenue0 with recorded fundingOctober 2026 edition
Maharashtra · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent metals and alloys business events in Maharashtra

Funding, M&A, contract wins and launches involving 384 metals and alloys companies in Maharashtra, last 24 months: 35 Contracts · 22 M&A deals · 5 funding rounds · 1 Launch. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

ContractTechnology

Bharatia · client: Jsw steel

Indian steel producer JSW Steel has signed a memorandum of understanding (MoU) with Bharatia, an Indian impact accelerator responsible for project development, ecosystem integration and…

Steel / Green Energy
M&AMerger · Announced

Jsw steel acquires Bmm Ispat

JSW Steel on Thursday said its board has approved raising up to ₹14,000 crore through a mix of non-convertible debentures, warrants and equity-linked instruments, while also clearing the…

Steel
Contract

John Cockerill India · client: Jsw steel

The company has bagged a ₹300 crore contract from JSW Steel

ContractSupply

Texmaco rail & engineering · client: Hindalco industries

Texmaco Rail & Engineering has announced the receipt of a significant order valued at ₹23.57 crores from Hindalco Industries Limited.

Rail Freight
M&AMerger · Announced

Jsw steel acquires Jfe steel

JFE Steel Corporation will invest Rs 15,750 crore to form a joint venture with the steel major

Steel
ContractSupply

Hilton metal forging · client: Na

Hilton Metal Forging Limited has entered into an interim sales agreement for the supply of 360,000 standard 155mm M107 empty artillery shells, marking a significant step in its expansion…

Defence
ContractTechnology

Shipwaves · client: Hindalco industries

Shipwaves Online Limited has secured a purchase order valued at ₹1.56 crore from Hindalco Industries Limited to deploy an end-to-end logistics digitalization platform aimed at improving…

ContractSupply

Hindalco industries · client: Embraer

Embraer and Hindalco Industries have signed a memorandum of understanding (MoU) to undertake exploratory activities aimed at assessing potential business opportunities in India.

Aerospace, aluminum manufacturing
ContractTechnology

Embraer · client: Hindalco industries

New Delhi: Brazilian aviation major Embraer, which is eyeing a multi-billion dollar contract from the Indian Air Force for its medium transport aircraft project, has signed a Memorandum…

Aerospace
ContractSupply

Bharat heavy electricals · client: Hindalco industries

Bharat Heavy Electricals Ltd. (BHEL) has secured an order worth ₹1,200-1,500 crore from Hindalco Industries for the Aditya Expansion Project Phase II in Odisha. The order is for the…

Energy and Infrastructure
ContractSupply

Bharat Heavy Electrical · client: Hindalco industries

Bharat Heavy Electrical (BHEL) secured an order in the range of Rs 1,200-1,500 crore from Hindalco Industries.

ContractSupply

Effwa Infra & Research Limited · client: Jsw steel

the company secured a Rs 313.40-crore domestic contract from JSW Steel to manufacture, supply, supervise, and operate an effluent treatment plant at Dolvi.

Water treatment
M&AAcquisition · Announced

Jfe steel acquires Jsw steel

As part of the joint venture, JFE Steel will invest ₹157.50 billion in two phases.

Steel
M&AAcquisition · Completed

Hindalco industries acquires EMIL Mines and Mineral Resources Limited

Hindalco Industries has completed the acquisition of a 100% equity stake in EMIL Mines and Mineral Resources Limited (EMMRL), a wholly owned subsidiary of Essel Mining & Industries…

ContractInfrastructure

Larsen & toubro · client: Hindalco

The company secured a contract from Hindalco to construct a 180,000 tonnes per annum aluminium smelter and Gas Treatment Centre for a greenfield project in Odisha.

Aluminium
ContractSupply

Hindustan Construction Company · client: Hindalco industries

Hindustan Construction Company (HCC) has secured a contract worth approximately ₹204 crore from Hindalco Industries Ltd for the fabrication, supply, and erection of pot shell and…

Construction
ContractSupply

Sharika enterprises · client: Jsw steel

SEL also received a repeat order from JSW Steel Limited for a 7 km turnkey 220kV EHV cable installation at their Dolvi plant, expanding a previous 4 km project.

Power Transmission and Distribution
M&AAcquisition · Announced

Foseco India acquires Morganite Crucible (India) Limited

Foseco has agreed to acquire 75% stake in Morganite Crucible (India) Limited for Rs. 653 crore, both companies said in separate stock exchange disclosures.

Crucible manufacturing
ContractInfrastructure

POSCOPKX · client: Jsw steel

POSCOPKX has signed a non-binding Heads of Agreement (HoA) with JSW Steel to explore setting up a 6 million tons per annum (MTPA) integrated steel plant in India.

Steel
ContractTechnology

POSCO Group · client: Jsw steel

JSW Steel Ltd, engaged in the manufacturing and distribution of iron and steel products, has announced that they have signed a non-binding Heads of Agreement (HoA) with POSCO Group to…

Steel
ContractSupply

Sterlite · client: State utilities

Sterlite Electric Ltd secured Rs 1500 crore in total orders during Q1 FY ’26, reflecting sustained demand for its advanced conductors, power cables, and Optical Ground Wire products in…

Infrastructure
ContractSupply

Sterlite · client: Na

Sterlite Electric Ltd, formerly known as Sterlite Power Transmission Limited and a global leader in the cable and conductor industry, has announced that it secured orders worth ₹1,500…

Electrical Transmission
ContractService

South west pinnacle · client: Hindalco industries

South West Pinnacle Exploration Limited (SWPE) has received a Letter of Intent from Hindalco Industries Limited for undertaking exploration and related services in a copper block located…

Mineral exploration
ContractService

Ritco logistics · client: Jsw steel

JSW Steel Contract – A major addition to Ritco’s industrial logistics portfolio, JSW Steel has awarded a one-year transportation contract

Transportation
Funding

Poshs Metal Industries

The auto-grade flat steel processing company Poshs Metal Industries has raised Rs 43 crore ($5 million) in a funding round headed by Aavishkaar Capital.

Steel processing
ContractInfrastructure

Larsen & Toubro (L&T) M&M · client: Hindalco

Larsen & Toubro (L&T) M&M business has secured a significant contract from Hindalco to develop an 850 KTPA greenfield alumina refinery in Odisha. The scope includes engineering,…

Alumina Refinery
ContractInfrastructure

Larsen & Toubro (L&T) minerals & metals (M&M) · client: Hindalco

Larsen & Toubro's (L&T) minerals & metals (M&M) business has secured a major contract from Hindalco for the development of a greenfield alumina refinery plant in Odisha, with a capacity…

Alumina Refinery
ContractService

Larsen & toubro · client: Hindalco

Larsen & Toubro announced that its minerals & metals (M&M) business vertical of L&T secured large order from Hindalco for setting up an 850 KTPA (kilo tonne per annum) greenfield alumina…

Aluminium refinery
ContractSupply

Ayana renewable power · client: Hindalco industries

Last September, Hindalco signed a power purchase agreement with Ayana Renewable Power to invest in Ayana Renewable Power Four, a special-purpose vehicle to set up a 153 MW solar project…

Renewable Energy

Metals and alloys companies in Maharashtra, by revenue

Browse metals and alloys companies in Maharashtra by reported revenue, one-year revenue growth, revenue model, age and stage. The 46 companies below are the largest by their most recent reported revenue among 46 metals and alloys companies in Maharashtra that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 46

Manufacturer of aluminium

Metals and alloys
₹224,459.00 crFY 2022-23
Not reported
15,314-4% 12 mo to Mar 2024LinkedIn · Oct 2026
68 yr1958
0none in 3 months

Manufacturer of flat and long steel products

Metals and alloys
₹169,518.00 crFY 2024-25
-4%2024–2025
24,295-14% 12 mo to Sep 2023LinkedIn · Oct 2026
44 yr1982
0none in 3 months

Manufacturer of cold-rolled and galvanized steel products

Metals and alloys
₹12,059.40 crFY 2024-25
+5%2024–2025
770+4% 12 mo to Feb 2024recorded Feb 2024
14 yr2012
0none in 3 months

Trader and manufacturer of metals and other products

Metals and alloys
₹6,306.85 crFY 2021-22
Not reported
693+52% vs previous recordLinkedIn · Oct 2026
52 yr1974
1postings · last posted Aug 2026

Manufacturer of iron, steel, and pallet products

Metals and alloys
₹5,243.25 crFY 2024-25
Not reported
1,001recorded
24 yr2002
0none in 3 months

Manufacturer & exporter of stainless steel metals

Metals and alloys
₹1,848.09 crFY 2024-25
-7%2024–2025
622+4% 12 mo to Sep 2024LinkedIn · Jul 2026
37 yr1989
0none in 3 months

Metaroll - The Power of Steel

Building materials
₹1,672.52 crFY 2024-25
+7%2024–2025
161LinkedIn · Oct 2026
12 yr2014
0none in 3 months

Company that specializes in the procurement and supply of ferrous and non-ferrous metals

Metals and alloys
₹1,188.68 crFY 2024-25
+80%2024–2025
8LinkedIn · Oct 2026
7 yr2019
0none in 3 months

Manufacturer and supplier of TMT 500 round bars with certified ISI standards

Metals and alloys
₹1,149.18 crFY 2024-25
+9%2024–2025
41LinkedIn · Oct 2026
9 yr2017
0none in 3 months

Processor of hot rolled and cold rolled steel coils and sheets

Metals and alloys
₹907.15 crFY 2024-25
-8%2024–2025
162LinkedIn · Jul 2026
28 yr1998
1postings · last posted Aug 2026

Manufacturer of carbon, alloy, and special steel products in various forms

Metals and alloys
₹890.84 crFY 2024-25
-1%2024–2025
375recorded
41 yr1985
0none in 3 months

Manufacturer and seller of aluminum products

Metals and alloys
₹692.91 crFY 2024-25
+19%2024–2025
163+15% 12 mo to Sep 2024LinkedIn · Oct 2026
43 yr1983
0none in 3 months

Manufacturer of iron, steel and non ferrous foundries

Metals and alloys
₹498.89 crDec 2023
Not reported
222-13% 12 mo to Sep 2024recorded Sep 2024
94 yr1932
—No postings tracked

Manufacturer of copper and copper-based products

Metals and alloys
₹438.29 crFY 2024-25
+25%2024–2025
21LinkedIn · Jul 2026
31 yr1995
0none in 3 months

Manufacturer of molded rubber parts

Metals and alloys
₹368.22 crFY 2021-22
Not reported
614+2% 12 mo to Sep 2024recorded Sep 2024
48 yr1978
—No postings tracked

Manufacturer of radiator and distribution tank solutions

Manufacturing services
₹283.09 crFY 2022-23
Not reported
375recorded
37 yr1989
—No postings tracked

Manufacturer of aluminum alloy ingots and electrical wires

Metals and alloys
₹190.99 crFY 2024-25
+26%2024–2025
26-10% 12 mo to Mar 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months · last posted Jun 2026

Steel manufacturer producing a range of products, including bright bars, leaf springs, coil springs, and rotavator blades, catering to the needs of various industries

Metals and alloys
₹184.40 crFY 2024-25
-8%2024–2025
34LinkedIn · Jul 2026
36 yr1990
0none in 3 months

Manufacturer of high-grade copper and aluminum based alloys ingots for various industries

Metals and alloys
₹156.72 crFY 2021-22
Not reported
15LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Provider of aerospace-grade metals and alloys

Metals and alloys
₹166.98 crFY 2024-25
+138%2024–2025
—Not available
32 yr1994
0none in 3 months

Manufacturer of copper pipes and tubes for various industries

Metals and alloys
₹164.73 crFY 2024-25
+11%2024–2025
—Not available
43 yr1983
0none in 3 months

Manufacturer and distributor of high-quality stainless steel wires and metal powders for welding industry

Metals and alloys
₹138.67 crFY 2021-22
Not reported
—Not available
38 yr1988
0none in 3 months

Manufacturer of steel products

Metals and alloys
₹153.09 crFY 2023-24
Not reported
82-2% 12 mo to Sep 2024recorded Sep 2024
62 yr1964
—No postings tracked

Manufacturer of stainless tubes and pipes, specializing in high-performance stainless steels and nickel alloys

Metals and alloys
₹150.33 crFY 2024-25
+6%2024–2025
73-26% 12 mo to Sep 2024LinkedIn · Jul 2026
20 yr2006
1postings · last posted Sep 2026

Manufacturing company importing and trading color coated steel sheets

Metals and alloys
₹89.38 crFY 2021-22
Not reported
93+3% 12 mo to Sep 2024recorded Sep 2024
70 yr1956
—No postings tracked
46 of 370 companies shown here · the full list is on Radar
Fliar Radar

Explore all 370 metals and alloys companies in Maharashtra on Radar

This page shows the top 46. Radar has the complete, filterable list with contacts and live company signals.

Open metals and alloys in Maharashtra on Radar
  • Every company, not just 50All 370 metals and alloys companies in Maharashtra, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
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Explore metals and alloys companies in Maharashtra by what you are looking for

Browse the top metals and alloys companies in Maharashtra, from steel makers to aluminium and copper producers. Find metal alloy manufacturers in India, galvanizing specialists and metals and alloys startups in Maharashtra.

8 ways to explore metals and alloys in Maharashtra

Steel & iron manufacturersAluminium, copper & non-ferrous metal companiesGalvanizing, casting & metal fabrication servicesMetal recycling & scrap companiesMetal products for construction & infrastructureMetals and alloys startups in Maharashtra

Steel & iron manufacturers

Makers of flat and long steel, stainless steel, TMT bars and ferrous products.

  1. JSW Steel

    Manufacturer of flat and long steel products

    Metals and alloys
    See in list
  2. Chandan Steel

    Manufacturer & exporter of stainless steel metals

    Metals and alloys
    See in list
  3. Metarolls

    Metaroll - The Power of Steel

    Building materials
    See in list
  4. Gajkesari Steels and Alloys

    Manufacturer and supplier of TMT 500 round bars with certified ISI standards

    Metals and alloys
    See in list
  5. POSHS metal industries

    Processor of hot rolled and cold rolled steel coils and sheets

    Metals and alloys
    See in list

Aluminium, copper & non-ferrous metal companies

Producers of aluminium, copper tubes and rods, lead and other non-ferrous metals and alloys.

  1. Hindalco

    Manufacturer of aluminium

    Metals and alloys
    See in list
  2. R L Steels and Energy

    Manufacturer of carbon, alloy, and special steel products in various forms

    Metals and alloys
    See in list
  3. MMPIL

    Manufacturer and seller of aluminum products

    Metals and alloys
    See in list
  4. Leebo Group

    Manufacturer of copper and copper-based products

    Metals and alloys
    See in list
  5. Jaisingh Alloys

    Manufacturer of aluminum alloy ingots and electrical wires

    Metals and alloys
    See in list

Galvanizing, casting & metal fabrication services

Hot-dip galvanizing, foundry castings, sheet metal and fabricated metal parts.

  1. POSHS metal industries

    Processor of hot rolled and cold rolled steel coils and sheets

    Metals and alloys
    See in list
  2. Hi-Tech Radiators

    Manufacturer of radiator and distribution tank solutions

    Manufacturing services
    See in list
  3. Sigma Galvanizig

    Provider of hot-dip galvanizing services

    Manufacturing services
    See in list
  4. Sujeet Industries

    Manufacturer of galvanized poles for various applications

    Manufacturing services
    See in list
  5. Lada Foundry

    Company specialization in spheroidal graphite and ductile iron castings

    Manufacturing services
    Website

Metal recycling & scrap companies

Companies that recycle, trade and process metal scrap into reusable metal products.

  1. Alpine International

    Manufacturer of ferrous and non-ferrous scrap metals

    Metals and alloys
    See in list
  2. kalyaani metalink

    Kalyaani Metalink is a stainless steel-scrap company.

    Metals and alloys
    Website
  3. Aston

    Metal recycling company processing scrap and manufacturing copper rods and alloys

    Solid waste management tech
    Website
  4. Alux Metal

    Provider of non-ferrous scrap metal processing, trading, and structured selling

    Metals and alloys
    Website
  5. Metal Trade

    Manufacturer and exporter of metal scrap & steel products

    Metals and alloys
    Website

Metal products for construction & infrastructure

Steel sections, pipes, rolls and metal building materials used in construction.

  1. Metarolls

    Metaroll - The Power of Steel

    Building materials
    See in list
  2. Rajco Group

    Manufacturer of copper pipes and tubes for various industries

    Metals and alloys
    See in list
  3. Krystal Global Engineering

    Manufacturer of stainless tubes and pipes, specializing in high-performance stainless steels and nickel alloys

    Metals and alloys
    See in list
  4. Jvsipl

    Provider of carbon seamless pipes and stainless steel products

    Metals and alloys
    See in list
  5. Sachiyasteel

    Manufacturer of stainless steel pipe fittings, flanges, pipes, tubes, and fasteners

    Metals and alloys
    See in list

Metals and alloys startups in Maharashtra

Newer metals and alloys companies founded in the last few years in Maharashtra.

  1. Ferron Steel & Alloys

    Manufacturer, wholesaler, trader, exporter, and supplier of stainless steel products

    Metals and alloys
    Website
  2. Alux Metal

    Provider of non-ferrous scrap metal processing, trading, and structured selling

    Metals and alloys
    Website
  3. Exxcel International

    Manufacturer of precision quality stainless steel wires, bars, and welding wires

    Metals and alloys
    Website
  4. Shree Impex Alloys

    Manufacturer and supplier of stainless steel pipes, seamless pipes, welded pipes, seamless tubes, and welded tubes

    Metals and alloys
    Website
  5. MAK Thermal Systems India

    Manufacturer of industrial gas burners and foundry equipment

    Metals and alloys
    Website
13 companies in Maharashtra

Metals and alloys companies hiring in Maharashtra

Metals and alloys companies in Maharashtra with open jobs right now.

  1. MTC Group

    Trader and manufacturer of metals and other products

    Metals and alloys
    See in list
  2. POSHS metal industries

    Processor of hot rolled and cold rolled steel coils and sheets

    Metals and alloys
    See in list
  3. Jaisingh Alloys

    Manufacturer of aluminum alloy ingots and electrical wires

    Metals and alloys
    See in list
  4. Krystal Global Engineering

    Manufacturer of stainless tubes and pipes, specializing in high-performance stainless steels and nickel alloys

    Metals and alloys
    See in list
  5. Kotech

    Manufacturer of structural steel products for heavy mechanical industry

    Metals and alloys
    See in list
7 companies in Maharashtra

Listed metals and alloys companies in Maharashtra

Publicly listed metals and alloys companies based in Maharashtra.

  1. Hindalco

    Manufacturer of aluminium

    Metals and alloys
    See in list
  2. JSW Steel

    Manufacturer of flat and long steel products

    Metals and alloys
    See in list
  3. MMPIL

    Manufacturer and seller of aluminum products

    Metals and alloys
    See in list
  4. Foseco India

    Manufacturer of iron, steel and non ferrous foundries

    Metals and alloys
    See in list
  5. Latim Metal And Industries

    Manufacturing company importing and trading color coated steel sheets

    Metals and alloys
    See in list
17 companies in Maharashtra
The business behind the activity

Metals and alloys financials in Maharashtra

Revenue, profit and growth from the filed annual accounts of 42 metals and alloys companies in Maharashtra for FY24-25 — 50 of the 370 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 97% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹251,151.01 cr

42 companies filing accounts

combined net profit₹13,927.13 cr

5.5% aggregate margin

are profitable90%

38 of 42 companies

median revenue~₹88.3 cr

the typical company

median revenue growth+2%

into FY24-25

earned by the top five97%

revenue concentration

Six-year view

Combined revenue of filing companies

₹78,065.36 crFY19-2040 filers
₹82,729.19 crFY20-2141 filers
₹141,218.07 crFY21-2241 filers
₹158,655.89 crFY22-2343 filers
₹246,556.14 crFY23-2445 filers
₹251,151.01 crFY24-2542 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 39 companies over three years

-1%
FY22-23₹158,026.11 cr₹5,179.28 cr net
FY23-24₹162,658.01 cr₹8,990.58 cr net
FY24-25₹156,498.46 cr₹7,544.88 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr1100% profitable
₹1–10 cr333% profitable
₹10–100 cr1889% profitable
₹100–1,000 cr13100% profitable
Over ₹1,000 cr7100% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking19
0–20%13
20–50%5
50–100%1
Doubled+4

42 companies with accounts for both years; median growth +2%.

Profitability

Profit is concentrated at the top

38profitable
4loss-making
5.5%aggregate margin
2.2%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
KotechKOTECH INFRA PRIVATE LIMITED
KalapurnaKALAPURNA STEEL AND ENGG. PRIVATE LIMITED+138%₹166.98 cr
Rampal SteelRAMPAL STEEL PRIVATE LIMITED+128%
AsierASIER METALS PRIVATE LIMITED+80%₹1,188.68 cr
Hi-Tech RadiatorsHI-TECH RADIATORS PRIVATE LIMITED+40%₹397.46 cr
MV Super AlloysMV SUPER ALLOYS PRIVATE LIMITED+35%
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Chandan SteelCHANDAN STEEL LIMITED11.8%₹1,760.10 cr
Hi-Tech RadiatorsHI-TECH RADIATORS PRIVATE LIMITED9.4%₹397.46 cr
KalapurnaKALAPURNA STEEL AND ENGG. PRIVATE LIMITED9.3%₹166.98 cr
MV Super AlloysMV SUPER ALLOYS PRIVATE LIMITED8.7%
POSCO MaharashtraPOSCO MAHARASHTRA STEEL PRIVATE LIMITED8.2%₹12,059.40 cr
PolybondPOLYBOND (INDIA) PVT LTD7.7%₹443.94 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Metals and alloys37₹250,631.39 cr~₹121.9 cr92%5.5%
Leaders

Largest metals and alloys companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
JSW SteelJSW STEEL LIMITED₹129,567.00 cr₹5,837.00 cr4.5%-5%
HindalcoHINDALCO INDUSTRIES LIMITED₹94,638.00 cr₹6,387.00 cr6.7%+13%
POSCO MaharashtraPOSCO MAHARASHTRA STEEL PRIVATE LIMITED₹12,059.40 cr₹993.20 cr8.2%+5%
Shri Bajrang Power & IspatSHRI BAJRANG POWER AND ISPAT LIMITED₹5,169.65 cr₹308.15 cr6.0%+2%
Chandan SteelCHANDAN STEEL LIMITED₹1,760.10 cr₹207.98 cr11.8%-11%
AsierASIER METALS PRIVATE LIMITED₹1,188.68 cr₹4.15 cr0.3%+80%
Gajkesari Steels and AlloysGAJKESARI STEELS AND ALLOYS PRIVATE LIMITED₹1,149.18 cr₹2.74 cr0.2%+9%
R L Steels and EnergyR. L. STEELS & ENERGY LIMITED.₹890.84 cr₹3.33 cr0.4%-1%
POSHS metal industriesPOSHS METAL INDUSTRIES PRIVATE LIMITED₹833.37 cr₹13.07 cr1.6%-10%
MMPILMmp Industries Limited₹693.41 cr₹33.34 cr4.8%+20%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Metals and alloys funding and M&A across India

12 recorded equity rounds have gone to 888 metals and alloys companies in India — how much, at which stage, into which sub-sectors, from whom, and how Maharashtra compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months1

US$14.84m

equity rounds, last 24 months1

US$14.84m

raised over five yearsUS$20.75m

2 rounds in India

M&A deals, Maharashtra22

last 24 months

Capital by year

Equity funding into metals and alloys in India

amount rounds
$26k20201
$5.9m20231
$15m20261

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2023, with US$5.92m across 1 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

Series AUS$5.92m1 rounds · median US$5.92m
Series BUS$14.84m1 rounds · median US$14.84m
Where the money went · five years

Most-funded sub-sectors

Metals and alloysUS$14.84m1 rounds · 1 companies
Textile machineryUS$5.92m1 rounds · 1 companies
Corporate activity · last 24 months

M&A in Maharashtra

19Acquisition
3Merger

Most active acquirers

  1. Jsw steel15
  2. Hindalco industries5
  3. Jfe steel1
  4. Foseco India1

Most acquired or merged

  1. BPSL2
  2. EMIL Mines and Mineral Resources Limited2
  3. Aluchem2
  4. Bmm Ispat1
  5. Jfe steel1

Each deal appears in the events strip at the top of the page.

Founders and momentum in Maharashtra

Meet the people behind metals and alloys companies in Maharashtra. 73 of 370 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Maharashtra metals and alloys companies by sub-sector

The most common specialisations among metals and alloys companies in Maharashtra. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring metals and alloys in India and nearby markets.

Coming soon