Company lists
The Mumbai edition · 2026

Metals and alloyscompanies in Mumbai

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

186 company profiles29 with reported revenue0 with recorded fundingOctober 2026 edition
Mumbai · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent metals and alloys business events in India

Funding, M&A, contract wins and launches involving 888 metals and alloys companies in India, last 24 months: 113 Contracts · 60 M&A deals · 14 funding rounds · 11 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

ContractSupply

Innomet Advanced Materials · client: Na

Innomet Advanced Materials Limited has officially secured a new international purchase order valued at USD 222,290.

Advanced metallurgy
ContractSupply

Innomet Advanced Materials · client: Federal-Mogul Goetze (India)

On June 1, 2026, the company successfully finalized a domestic contract valued at over ₹88.99 lakh (approximately USD 107,000) with Federal-Mogul Goetze (India) Limited to supply…

Metallurgy
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
LaunchZinc Galvanization Information Hub

Hindustan zinc

As part of the campaign, the company has introduced a dedicated Zinc Galvanization Information Hub on its website.

Information Hub
LaunchJindal Infinity

Jindal stainless

Jindal Stainless Limited has introduced its stainless steel rebars, branded ‘Jindal Infinity’, in the retail segment with an initial launch in Punjab.

Stainless steel rebars
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
ContractService

RITES Limited · client: National Aluminium

Shares of RITES Limited surged more than 4% after the company announced a significant upward revision in its ongoing contract with National Aluminium Company Limited (NALCO). The revised…

Infrastructure
ContractSupply

Sms group · client: Resources Pellets Concentrates

India’s Resources Pellets Concentrates Pvt. Ltd. (RPCL) Bengaluru, a joint venture between BKG Mining Private Limited and Fomento Resources Pvt. Ltd., has placed an order for a compact…

Mining
ContractService

Rites · client: National Aluminium

RITES has announced a significant amendment to its existing contract with National Aluminium Company Limited (NALCO), enhancing the contract value from ₹79.73 crore to ₹118.89 crore,…

Infrastructure
M&AAcquisition · Announced

Welspun corp acquires Welspun Mauritius Holdings Limited

Welspun Corp has announced a delay in the acquisition of approximately 2.57% equity stake in its subsidiary, Welspun Mauritius Holdings Limited (WMHL).

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

Welspun corp · client: Na

Welspun Corp shares gained 4% on Monday after the steel and plastics products maker said it won a large order for supply of pipes from the firm’s US facility valued at approximately Rs…

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
ContractSupply

Oyster Renewable Energy Pvt Ltd · client: Jindal stainless

In 2024, the stainless steel maker had signed a power purchase agreement (PPA) with Oyster Renewable for hybrid power (solar and wind) supply.

Renewable Energy / Power Supply
Funding

MM Forgings

The Board of MM Forgings decided on Wednesday that the company will raise funding of an amount not exceeding ₹600 crore by way of issue of equity shares through any permissible mode.

ContractSupply

Vibhor steel tubes · client: Jindal Pipes

VSTL, which has a contract manufacturing agreement with Jindal Pipes to manufacture and supply finished goods under the brand name Jindal Star, currently sees over 80% of its total…

M&AMerger · Announced

Neelachal ispat nigam acquires Neelachal ispat nigam

Tata Steel’s board has approved Neelachal Ispat Nigam Limited, a wholly owned subsidiary of the company, to merge with itself.

M&AMerger · Announced

Tata steel acquires Neelachal ispat nigam

The company approved the amalgamation of Neelachal Ispat Nigam Limited (NINL), its wholly owned subsidiary, into Tata Steel.

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

CMR Green Technologies Limited · client: Hindustan zinc

Hindustan Zinc Limited, one of the world’s largest integrated zinc producers and among the top five silver producers globally, has signed a Memorandum of Understanding (MoU) with CMR…

Zinc alloy manufacturing
Contract

Tripura Group · client: Hindustan zinc

This marks the second major partnership for Zinc Park in Rajasthan, following Hindustan Zinc’s earlier MoU with Tripura Group.

M&AAcquisition · Announced

JSL Overseas Holding Limited acquires Jindal stainless

JSL Overseas Holding Limited has acquired 6,39,612 equity shares of Jindal Stainless Limited through a market purchase on March 2, 2026.

Stainless Steel
M&AAcquisition · Announced

Sar televenture acquires Grand foundry

SAR Televenture Limited has announced a mandatory open offer to acquire additional equity shares of Grand Foundry Limited following its agreement to purchase a controlling 70.17% stake…

M&AAcquisition · Completed

Gravita india ltd acquires Rashtriya Metals Industries Limited (RMIL)

Jaipur based Gravita India Ltd has acquired Rashtriya Metals Industries Limited (RMIL) for Rs 565 crore and has now entered the into large-scale copper recycling segment.

Copper recycling
ContractInfrastructure

Hindustan zinc · client: Tripura Group

Hindustan Zinc Limited (HZL), the world’s largest integrated zinc producer and amongst the top five silver producers globally, has signed a Memorandum of Understanding (MoU) with Tripura…

Zinc
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
M&AAcquisition · Completed

Maithan alloys acquires Bank of baroda

Maithan Alloys purchased 6,59,000 equity shares, representing 0.01% shareholding in Bank of Baroda.

Metals and alloys companies in Mumbai, by revenue

Browse metals and alloys companies in Mumbai by reported revenue, one-year revenue growth, revenue model, age and stage. The 29 companies below are the largest by their most recent reported revenue among 29 metals and alloys companies in Mumbai, 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 29

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

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

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 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 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

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 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

Manufacturer of aluminium alloys and zinc alloys with years of experience in casting and ingot productions

Metals and alloys
₹84.11 crFY 2021-22
Not reported
4+0% 12 mo to Sep 2024recorded Sep 2024
53 yr1973
—No postings tracked

Manufacturer of solar powered products

Metals and alloys
₹81.11 crFY 2024-25
-16%2024–2025
8LinkedIn · Jul 2026
30 yr1996
0none in 3 months

Company dealing in ferrous and non-ferrous metals for two decades

Metals and alloys
₹75.60 crFY 2024-25
-20%2024–2025
20+25% 12 mo to Sep 2024recorded Sep 2024
29 yr1997
0none in 3 months

Provider of ferro alloys

Metals and alloys
₹57.49 crFY 2021-22
Not reported
157+24% 12 mo to Feb 2024recorded Feb 2024
14 yr2012
0none in 3 months

Manufacturer of wear-resistant alloy components and crushing equipment for industries

Manufacturing services
₹59.98 crFY 2024-25
+0%2024–2025
—Not available
25 yr2001
0none in 3 months

Provider of carbon seamless pipes and stainless steel products

Metals and alloys
₹53.73 crFY 2024-25
+27%2024–2025
—Not available
13 yr2013
0none in 3 months

Provider of hot-dip galvanizing services

Manufacturing services
₹40.21 crFY 2024-25
-3%2024–2025
7+7% 12 mo to Jul 2024LinkedIn · Jul 2026
37 yr1989
0none in 3 months

Trader of metals, alloys, ores, and residues including nickel and chromium

Metals and alloys
₹25.45 crFY 2024-25
+19%2024–2025
—Not available
34 yr1992
0none in 3 months

Manufacturer of stainless steel, nickel alloy flanges, and pipe fittings

Metals and alloys
₹23.05 crFY 2024-25
-26%2024–2025
2LinkedIn · Jul 2026
46 yr1980
0none in 3 months

Manufacturer of ferrous and non-ferrous scrap metals

Metals and alloys
₹20.44 crFY 2024-25
-51%2024–2025
—Not available
41 yr1985
0none in 3 months
29 of 186 companies shown here · the full list is on Radar
Fliar Radar

Explore all 186 metals and alloys companies in Mumbai on Radar

This page shows the top 29. Radar has the complete, filterable list with contacts and live company signals.

Open metals and alloys in Mumbai on Radar
  • Every company, not just 50All 186 metals and alloys companies in Mumbai, 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 Mumbai by what you are looking for

Find metals and alloys companies in Mumbai, including steel, aluminium and copper manufacturers. Compare the metal alloys manufacturers in Mumbai and across India by the metal they work with.

8 ways to explore metals and alloys in Mumbai

Steel manufacturers & suppliersAluminium companiesCopper & non-ferrous metal companiesMetal scrap & recycling companiesMetal fabrication & alloy componentsMetals and alloys startups in Mumbai

Steel manufacturers & suppliers

Makers and traders of steel, stainless steel and special steel 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. Hi-Tech Radiators

    Manufacturer of radiator and distribution tank solutions

    Manufacturing services
    See in list
  4. Minex

    Provider of alloying solutions to iron & steel, aluminum, welding industries

    Metals and alloys
    Website
  5. Krystal Global Engineering

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

    Metals and alloys
    See in list

Aluminium companies

Manufacturers of aluminium products, conductors and alloys.

  1. Hindalco

    Manufacturer of aluminium

    Metals and alloys
    See in list
  2. Minex

    Provider of alloying solutions to iron & steel, aluminum, welding industries

    Metals and alloys
    Website
  3. Jaisingh Alloys

    Manufacturer of aluminum alloy ingots and electrical wires

    Metals and alloys
    See in list
  4. Metal Care Alloys

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

    Metals and alloys
    See in list
  5. Radiant Metals & Alloys

    Manufacturer of aluminium alloys and zinc alloys with years of experience in casting and ingot productions

    Metals and alloys
    See in list

Copper & non-ferrous metal companies

Copper, brass and other non-ferrous metal producers and fabricators.

  1. Advance Metal Powder

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

    Metals and alloys
    See in list
  2. Lyon Copper Alloys

    Manufacturer of copper tubes, pipes, fittings, and coils

    Metals and alloys
    Website
  3. Shangrila India

    Manufacture of basic precious and non-ferrous metals

    Enterprise collaboration services
    Website
  4. Alpine International

    Manufacturer of ferrous and non-ferrous scrap metals

    Metals and alloys
    See in list
  5. Aston

    Metal recycling company processing scrap and manufacturing copper rods and alloys

    Solid waste management tech
    Website

Metal scrap & recycling companies

Companies that recycle metal scrap into reusable metal products.

  1. Alpine International

    Manufacturer of ferrous and non-ferrous scrap metals

    Metals and alloys
    See in list
  2. Aston

    Metal recycling company processing scrap and manufacturing copper rods and alloys

    Solid waste management tech
    Website
  3. Metal Trade

    Manufacturer and exporter of metal scrap & steel products

    Metals and alloys
    Website

Metal fabrication & alloy components

Makers of alloy components, wear parts, galvanizing and metal engineering services.

  1. Hi-Tech Radiators

    Manufacturer of radiator and distribution tank solutions

    Manufacturing services
    See in list
  2. Imcoalloys

    Manufacturer of wear-resistant alloy components and crushing equipment for industries

    Manufacturing services
    See in list
  3. Sigma Galvanizig

    Provider of hot-dip galvanizing services

    Manufacturing services
    See in list
  4. Supreme Special Steel

    Manufacturer of special steels, superalloys, wires, bright bars, and fine profiles

    Metals and alloys
    See in list
  5. associated

    Associated is a manufacturer and supplier of conductors and aluminium rods.

    Manufacturing services
    Website

Metals and alloys startups in Mumbai

Recently founded metals and alloys companies in Mumbai.

  1. Ferron Steel & Alloys

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

    Metals and alloys
    Website
  2. Artha Alloy

    Provider of stainless steel products catering to various industrial applications

    Metals and alloys
    Website
  3. Copper Link International

    Manufacturer of copper and copper alloy products

    Metals and alloys
    Website
  4. Bhavya Steel Pipe

    Manufacturer of various types of industrial gaskets

    Metals and alloys
    Website
  5. Shree Impex Alloys

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

    Metals and alloys
    Website
9 companies in Mumbai

Metals and alloys companies hiring in Mumbai

Metals and alloys companies in Mumbai with open roles right now.

  1. MTC Group

    Trader and manufacturer of metals and other products

    Metals and alloys
    See in list
  2. Jaisingh Alloys

    Manufacturer of aluminum alloy ingots and electrical wires

    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. Galena Metals

    Manufacturer of lead metal products

    Metals and alloys
    See in list
  5. Aston

    Metal recycling company processing scrap and manufacturing copper rods and alloys

    Solid waste management tech
    Website
5 companies in Mumbai

Listed metals and alloys companies in Mumbai

Publicly listed metals and alloys companies headquartered in Mumbai.

  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. Latim Metal And Industries

    Manufacturing company importing and trading color coated steel sheets

    Metals and alloys
    See in list
  4. Supreme Special Steel

    Manufacturer of special steels, superalloys, wires, bright bars, and fine profiles

    Metals and alloys
    See in list
  5. The Indian Link Chain Manufacturers

    Manufacturer of steel chains

    Metals and alloys
    See in list
12 companies in Mumbai
The business behind the activity

Metals and alloys financials in Mumbai

Revenue, profit and growth from the filed annual accounts of 26 metals and alloys companies in Mumbai, Maharashtra for FY24-25 — 31 of the 186 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 99% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹234,605.90 cr

26 companies filing accounts

combined net profit₹12,833.71 cr

5.5% aggregate margin

are profitable88%

23 of 26 companies

median revenue~₹108.7 cr

the typical company

median revenue growth+4%

into FY24-25

earned by the top five99%

revenue concentration

Six-year view

Combined revenue of filing companies

₹67,280.92 crFY19-2023 filers
₹74,003.90 crFY20-2124 filers
₹124,939.72 crFY21-2224 filers
₹142,461.25 crFY22-2326 filers
₹230,507.47 crFY23-2428 filers
₹234,605.90 crFY24-2526 filers

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

Like-for-like

The same 24 companies over three years

-2%
FY22-23₹142,442.26 cr₹5,522.24 cr net
FY23-24₹146,768.60 cr₹8,766.45 cr net
FY24-25₹139,964.88 cr₹6,451.55 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 cr250% profitable
₹10–100 cr1080% profitable
₹100–1,000 cr8100% profitable
Over ₹1,000 cr5100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking11
0–20%7
20–50%5
50–100%1
Doubled+2

26 companies with accounts for both years; median growth +4%.

Profitability

Profit is concentrated at the top

23profitable
3loss-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
KalapurnaKALAPURNA STEEL AND ENGG. PRIVATE LIMITED+138%₹166.98 cr
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%
JvsiplJ V SEAMLESS INDIA PRIVATE LIMITED+27%₹53.73 cr
Jaisingh AlloysJAISINGH ALLOYS PRIVATE LIMITED+26%₹190.99 cr
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%
HindalcoHINDALCO INDUSTRIES LIMITED6.7%₹94,638.00 cr
Metalomed IndiaMETALOMED INDIA PRIVATE LIMITED
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Metals and alloys22₹234,107.90 cr~₹135.1 cr91%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%
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%
Leebo GroupLEEBO METALS PRIVATE LIMITED₹438.29 cr₹11.72 cr2.7%+25%
Hi-Tech RadiatorsHI-TECH RADIATORS PRIVATE LIMITED₹397.46 cr₹37.17 cr9.4%+40%
Jaisingh AlloysJAISINGH ALLOYS PRIVATE LIMITED₹190.99 cr₹1.17 cr0.6%+26%
KalapurnaKALAPURNA STEEL AND ENGG. PRIVATE LIMITED₹166.98 cr₹15.50 cr9.3%+138%
Rajco GroupRAJCO METAL INDUSTRIES PVT LTD₹164.73 cr₹3.52 cr2.1%+11%
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.

Industry landscape report

AdTech Industry Landscape of Mumbai

The financials above are one chapter. The full metals and alloys landscape of Mumbai maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the metals and alloys landscape of Mumbai
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 Mumbai 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, India60

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 India

53Acquisition
7Merger

Most active acquirers

  1. Jsw steel15
  2. Maithan alloys5
  3. Hindalco industries5
  4. Jindal stainless5
  5. Electrosteel castings3

Most acquired or merged

  1. Arjas steel3
  2. BPSL2
  3. Neelachal ispat nigam2
  4. EMIL Mines and Mineral Resources Limited2
  5. Aluchem2

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

Founders and momentum in Mumbai

Meet the people behind metals and alloys companies in Mumbai. 51 of 186 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Mumbai metals and alloys companies by sub-sector

The most common specialisations among metals and alloys companies in Mumbai. 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