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Steel Plants · Gujarat

Steel Plants in Gujarat

₹9,053 crore of revenue reported in the latest year (mostly FY25) by the 34 of Gujarat's 564 steel plants with accounts on file. The ten largest produce 80% of it; the typical filer earns ₹106 crore.

Active companies
564
steel plants on the register
Reported revenue
₹9,053 crore
34 companies with accounts
Profitable
82%
of filers · India 86%
Secured loans
45.6%
of companies have one on record

What stands out about Gujarat's steel plants

01
Revenue
₹9,053 crore

of revenue reported in the latest year (mostly FY25) by the 34 of Gujarat's 564 steel plants with accounts on file. The ten largest produce 80% of it; the typical filer earns ₹106 crore.

02
Profitability
82%

of filers reported a profit (India, same segment: 86%); the median net margin is 0.9% against 1.1% nationally.

03
Growth
+2%

median revenue growth across 34 companies with two consecutive years on file (India: +2%); 1 grew by more than half and 17 shrank. Only companies still filing are counted.

04
Labour cost
2%

of revenue goes on employee cost for the median filer (2% nationally), so this segment is less labour-intensive in Gujarat than across India.

05
Funding
8

steel plants in Gujarat have outside funding on record at Fliar Radar (investment, incubator or grant support). Most frequent backers: Nrups Consultants (1), Life Insurance Corporation of India (1).

06
Lending
45.6%

of Gujarat steel plants have a secured loan on record (India: 44.3%). Most frequent lenders: State Bank Of India (57), HDFC Bank (56), Bank Of Baroda (49). Open borrowings against company assets total ₹80,866 crore.

07
Where the money is
33%

of reported revenue comes from Ahmedabad, which holds 38% of Gujarat's steel plants.

Where Gujarat's steel plants are

Companies by the city or district of their registered address.

CityCompaniesShareReported revenueShare of revenue
Ahmedabad21237.6%₹2,994 crore33%
Bhavnagar7713.7%₹938 crore10%
Rajkot478.3%₹469 crore5%
Vadodara407.1%₹1,219 crore13%
Surat366.4%₹114 crore1%
Mahesana213.7%₹211 crore2%
Panch Mahals193.4%––
Anand183.2%₹1,911 crore21%
Gandhi Nagar162.8%₹835 crore9%
Sabarkantha122.1%––

Steel Plants in Gujarat by size

From the latest accounts each company has filed, split by annual revenue. Growth compares with the year before; net margin is profit after tax over revenue.

Bigger companies

₹100 crore+ revenue · 17 steel plants
01 · FY25 accounts · Anand

Laxcon Steels Limited

Ever since its foray into the steel trade in 1978, Gopal Group has established itself as name to reckon with, in the steel industry. Over the years, through meticulous quality control and outstanding customer care, it has built a reputation for quality, reliability and integrity.

Laxcon Steels Limited is a public company incorporated in 1999, with its registered office in Anand, Gujarat, classified under basic metals (iron, steel). In FY25 it reported revenue of ₹1,911 crore, up 7% on the year before, with a net margin of 2.9%.

  • Revenue (FY25)₹1,911 crore
  • Growth vs prior year+7%
  • Net margin2.9%
  • Net worth₹537 crore
  • Paid-up capital₹14.5 crore
  • AreaAnand
  • Incorporated1999 · Public company
  • Secured loans32 open
  • OffersHot Rolled Round Bars, Precision Quality Shaft Bars, Square And Hexagonal Bright Bars, Forged & Turned Round Bars
Directors on recordSanjay Kumar Garg, Gopal Swarup Gupta, Vinod Gupta6 directors
  • Sanjay Kumar GargDirector · since 2002
  • Gopal Swarup GuptaManaging Director · since 2002
  • Vinod GuptaDirector · since 2002
  • Rajan GargDirector · since 2004
  • Virinder KumarDirector · since 2016
  • Seema GargDirector · since 2020
ProductsHot Rolled Round Bars, Precision Quality Shaft Bars +46 products
Product 01 / 06

Hot Rolled Round Bars

  • PriceOn request
  • Range10 products listed by Laxcon Steels
Hot Rolled Round Bars
Product 02 / 06

Precision Quality Shaft Bars

  • PriceOn request
  • Range10 products listed by Laxcon Steels
Precision Quality Shaft Bars
Product 03 / 06

Square And Hexagonal Bright Bars

  • PriceOn request
  • Range10 products listed by Laxcon Steels
Square And Hexagonal Bright Bars
Product 04 / 06

Forged & Turned Round Bars

  • PriceOn request
  • Range10 products listed by Laxcon Steels
Forged & Turned Round Bars
Product 05 / 06

Hot Rolled Hexagonal & Sharp Cornered Square Bars

  • PriceOn request
  • Range10 products listed by Laxcon Steels
Hot Rolled Hexagonal & Sharp Cornered Square Bars
Product 06 / 06

Flat Bars

  • CategoryBright Bar
  • PriceOn request
  • Range10 products listed by Laxcon Steels
Flat Bars
1 / 6
02 · FY25 accounts · Vadodara

China Steel Corporation India Private Limited

Csci Steel Corporation India Private Limited is a leading based in Bharuch.we are committed to delivering quality products and services.

China Steel Corporation India Private Limited is a private company incorporated in 2011, with its registered office in Vadodara, Gujarat, classified under basic metals (iron, steel). In FY25 it reported revenue of ₹1,115 crore, up 5% on the year before, with a net margin of −11.2%.

  • Revenue (FY25)₹1,115 crore
  • Growth vs prior year+5%
  • Net margin−11.2%
  • Net worth₹192 crore
  • Paid-up capital₹729 crore
  • AreaVadodara
  • Incorporated2011 · Private company
  • Secured loans2 open
  • OffersGlobal Oracle Practice, SAP Consulting Services, Application Modernization, Oracle Solutions
Directors on recordKuei Sung Tseng, Ming Yuan Chen, Hung Tai Chou4 directors
  • Kuei Sung TsengDirector · since 2016
  • Ming Yuan ChenDirector · since 2018
  • Hung Tai ChouDirector · since 2018
  • Han Chuan LaiManaging Director · since 2019
ProductsGlobal Oracle Practice, SAP Consulting Services +46 products
Product 01 / 06

Global Oracle Practice

  • CategoryApplication Development Service
  • PriceOn request
  • Range10 products listed by China Steel Corporation India
Global Oracle Practice
Product 02 / 06

SAP Consulting Services

  • CategoryApplication Development Service
  • PriceOn request
  • Range10 products listed by China Steel Corporation India
SAP Consulting Services
Product 03 / 06

Application Modernization

  • CategoryApplication Development Service
  • PriceOn request
  • Range10 products listed by China Steel Corporation India
Application Modernization
Product 04 / 06

Oracle Solutions

  • CategoryApplication Development Service
  • PriceOn request
  • Range10 products listed by China Steel Corporation India
Oracle Solutions
Product 05 / 06

Microsoft Software

  • CategoryApplication Development Service
  • PriceOn request
  • Range10 products listed by China Steel Corporation India
Microsoft Software
Product 06 / 06

Transformer

  • PriceOn request
  • Range10 products listed by China Steel Corporation India
Transformer
1 / 6
03 · FY25 accounts · Gandhi Nagar

Vinayak Tmt Bars Private Limited

Manufacturer of thermo-mechanically treated steel bars for reinforced concrete construction. The company focuses on providing durable building materials through quality assurance. It is part of a larger group with interests in pharmaceuticals and steel pipes. The company seeks distributors to broaden its market presence.

Vinayak Tmt Bars Private Limited is a private company incorporated in 2008, with its registered office in Gandhi Nagar, Gujarat, classified under basic metals (iron, steel). In FY25 it reported revenue of ₹835 crore, down 14% on the year before, with a net margin of 0.3%.

  • Revenue (FY25)₹835 crore
  • Growth vs prior year−14%
  • Net margin0.3%
  • Net worth₹60.6 crore
  • Paid-up capital₹3.4 crore
  • AreaGandhi Nagar
  • Incorporated2008 · Private company
  • Secured loans2 open
  • OffersTMT Bars, pharmaceuticals, steel pipes, Cold Storage
Directors on recordKarshanbhai Patel, Prakashbhai Karshanbhai Patel, Vasant Shivdasbhai Patel4 directors
  • Karshanbhai PatelDirector · since 2008
  • Prakashbhai Karshanbhai PatelDirector · since 2009
  • Vasant Shivdasbhai PatelDirector · since 2009
  • Priyankkumar Rajubhai ParikhDirector · since 2017
ProductsTMT Bars, pharmaceuticals +46 products
Product 01 / 06

TMT Bars

  • AboutListed by Vinayak TMT Bars as one of its products or services; details on vinayaktmtbars.com.
Product 02 / 06

pharmaceuticals

  • AboutListed by Vinayak TMT Bars as one of its products or services; details on vinayaktmtbars.com.
Product 03 / 06

steel pipes

  • AboutListed by Vinayak TMT Bars as one of its products or services; details on vinayaktmtbars.com.
Product 04 / 06

Cold Storage

  • AboutListed by Vinayak TMT Bars as one of its products or services; details on vinayaktmtbars.com.
Product 05 / 06

Ceramic

  • AboutListed by Vinayak TMT Bars as one of its products or services; details on vinayaktmtbars.com.
Product 06 / 06

Construction Materials

  • AboutListed by Vinayak TMT Bars as one of its products or services; details on vinayaktmtbars.com.
1 / 6
04 · FY25 accounts · Ahmedabad

Agarwal Tmt Industries Private Limited

Vibrant TMT

Manufacturer of thermo-mechanically treated steel bars for the construction industry. The company produces high-quality steel bars using advanced technology and premium raw materials. A focus on quality control ensures consistent performance and reliability. The manufacturing process incorporates stringent quality checks throughout, from raw material selection to final product delivery. The company provides end-to-end handling services, encompassing production, quality control, and distribution. This ensures seamless delivery of products to meet diverse construction needs.

Agarwal Tmt Industries Private Limited is a private company incorporated in 2012, with its registered office in Ahmedabad, Gujarat, classified under basic metals (iron, steel). Its latest accounts on file are for FY25; revenue, growth and margin are locked below.

  • Revenue (FY25)
  • Growth vs prior year
  • Net margin
  • Net worth
  • Paid-up capital
  • AreaAhmedabad
  • Incorporated2012 · Private company
  • Secured loans2 open
  • Key peopleJacob Jones (Founder & CEO)
Founders & leadershipJJacob Jones1 person
JJ
Jacob Jones
Founder & CEO
  • ProfileFounder & CEO-Vibrant TMT
ProductsWonder Wings Ultra Silky…, 20mm TMT Bars +46 products
Product 01 / 06

Wonder Wings Ultra Silky Touch

  • CategorySanitary Napkins
  • PriceOn request
  • Range10 products listed by Vibrant TMT
Wonder Wings Ultra Silky Touch
Product 02 / 06

20mm TMT Bars

  • CategoryTMT Bars
  • PriceOn request
  • Range10 products listed by Vibrant TMT
Product 03 / 06

8mm TMT Bars

  • CategoryTMT Bars
  • PriceOn request
  • Range10 products listed by Vibrant TMT
Product 04 / 06

10mm TMT Bars

  • CategoryTMT Bars
  • PriceOn request
  • Range10 products listed by Vibrant TMT
Product 05 / 06

32mm TMT Bars

  • CategoryTMT Bars
  • PriceOn request
  • Range10 products listed by Vibrant TMT
Product 06 / 06

16mm TMT Bars

  • CategoryTMT Bars
  • PriceOn request
  • Range10 products listed by Vibrant TMT
1 / 6
05 · FY25 accounts · Bhavnagar

Kb Ispat Private Limited

KB TMT

KB TMT is a company that was established three decades ago in the field of steel billet manufacturing with a vision to revolutionize industrial productions. They focus on producing FE 500D TMT bars made from 100% billets using advanced cooling technology for consistent quality.

Kb Ispat Private Limited is a private company incorporated in 2010, with its registered office in Bhavnagar, Gujarat, classified under basic metals (iron, steel). Its latest accounts on file are for FY25; revenue, growth and margin are locked below.

  • Revenue (FY25)
  • Growth vs prior year
  • Net margin
  • Net worth
  • Paid-up capital
  • AreaBhavnagar
  • Incorporated2010 · Private company
  • Secured loans3 open
  • Key peopleKumar Vora (CEO)
Founders & leadershipKKumar Vora1 person
KV
Kumar Vora
CEO
  • ProfilePriti Steel And Pipes.
ProductsMild Steel Angle, M.S. Flat Bars +35 products
Product 01 / 05

Mild Steel Angle

  • CategoryTMT Bars
  • PriceOn request
  • Range5 products listed by KB TMT
Mild Steel Angle
Product 02 / 05

M.S. Flat Bars

  • CategoryTMT Bars
  • PriceOn request
  • Range5 products listed by KB TMT
M.S. Flat Bars
Product 03 / 05

M.S. Square

  • CategoryTMT Bars
  • PriceOn request
  • Range5 products listed by KB TMT
M.S. Square
Product 04 / 05

M.S. Round

  • CategoryTMT Bars
  • PriceOn request
  • Range5 products listed by KB TMT
M.S. Round
Product 05 / 05

TMT Bars

  • CategoryTMT Bars
  • PriceOn request
  • Range5 products listed by KB TMT
1 / 5
06 · FY25 accounts · Ahmedabad

S A L Steel Limited

SAL Steel

Manufacturer of steel, steel products, and ferro alloys

S A L Steel Limited is a public company incorporated in 2003, with its registered office in Ahmedabad, Gujarat, classified under machinery & equipment. Its latest accounts on file are for FY25; revenue, growth and margin are locked below.

  • Revenue (FY25)
  • Growth vs prior year
  • Net margin
  • Net worth
  • Paid-up capital
  • AreaAhmedabad
  • Incorporated2003 · Public company
  • BackingCorporate
  • Secured loans6 open
  • Key peopleKailash Thatoi (CEO & Managing Director)
Founders & leadershipKKailash Thatoi1 person
KT
Kailash Thatoi
CEO & Managing Director
  • ProfileCEO & Managing Director-SAL Steel
ProductsFlame Cutting, Blanchard Grinding +24 products
Product 01 / 04

Flame Cutting

  • PriceOn request
  • Range4 products listed by SAL Steel
Product 02 / 04

Blanchard Grinding

  • PriceOn request
  • Range4 products listed by SAL Steel
Product 03 / 04

Industrial Furnace

  • PriceOn request
  • Range4 products listed by SAL Steel
Product 04 / 04

Abrasive Blasting Service

  • PriceOn request
  • Range4 products listed by SAL Steel
1 / 4
Financials locked for 14 of 17 bigger steel plantsRevenue, growth, margin and net worth for every one of them are in Fliar Radar.
Unlock in Radar

Mid-size companies

₹10–100 crore · 13 steel plants
01 · FY25 accounts · Ahmedabad

Steel Strong Valves (india) Private Limited

SteelStrong

Steelstrong Valves is a company that specializes in manufacturing and supplying industrial valves in India such as Gate Valve, Globe Valve, Swing Check Valve, and Forged Gate Globe Check Valve. They offer excellence in industrial flow solutions and provide a variety of valve options.

Steel Strong Valves (india) Private Limited is a private company incorporated in 1993, with its registered office in Ahmedabad, Gujarat, classified under fabricated metal products. In FY25 it reported revenue of ₹98.4 crore, down 26% on the year before, with a net margin of 1.8%.

  • Revenue (FY25)₹98.4 crore
  • Growth vs prior year−26%
  • Net margin1.8%
  • Net worth₹28.2 crore
  • Paid-up capital₹99.7 lakh
  • AreaAhmedabad
  • Incorporated1993 · Private company
  • Brand founded1982
  • Secured loans2 open
  • OffersIndustrial Valves, Ball Valves, Soft Valves, Metal Seated Valves
Directors on recordSmita Ramesh Shetty, Ramesh Subaiya Shetty, Thomas George5 directors
  • Smita Ramesh ShettyDirector · since 1993
  • Ramesh Subaiya ShettyManaging Director · since 1993
  • Thomas GeorgeDirector · since 2010
  • Sagar Ramesh ShettyDirector · since 2011
  • Deepa Ramesh ShettyDirector · since 2018
ProductsSwing Check Valve, Ball Valve +35 products
Product 01 / 05

Swing Check Valve

  • PriceOn request
  • Range9 products listed by SteelStrong
Swing Check Valve
Product 02 / 05

Ball Valve

  • PriceOn request
  • Range9 products listed by SteelStrong
Ball Valve
Product 03 / 05

Gate Valve

  • PriceOn request
  • Range9 products listed by SteelStrong
Gate Valve
Product 04 / 05

Globe Valve

  • PriceOn request
  • Range9 products listed by SteelStrong
Globe Valve
Product 05 / 05

Forged Gate Valve

  • PriceOn request
  • Range9 products listed by SteelStrong
Forged Gate Valve
1 / 5
02 · FY25 accounts · Ahmedabad

Aakaf Steel Private Limited

Aakaf Steel is a leading trader engaged in trading of M.S. Beams, M.S. Plates (Mild Steel Plates), and G.P. Sheets. The company's total approach towards marketing ensures the delivery of the highest quality steel products.

Aakaf Steel Private Limited is a private company incorporated in 2000, with its registered office in Ahmedabad, Gujarat, classified under basic metals (iron, steel). In FY25 it reported revenue of ₹89 crore, down 12% on the year before, with a net margin of 0.8%.

  • Revenue (FY25)₹89 crore
  • Growth vs prior year−12%
  • Net margin0.8%
  • Net worth₹11.4 crore
  • Paid-up capital₹3.3 crore
  • AreaAhmedabad
  • Incorporated2000 · Private company
  • Secured loans1 open
  • Key peopleJaved Nagani (CEO)
  • OffersIron and Steel Plates Sheets, Beam, Channel, Angel Chequared Plate CTD Bars
Founders & leadershipJJaved Nagani1 person
JN
Javed Nagani
CEO
    ProductsIron and Steel Plates Sheets, Beam +46 products
    Product 01 / 06

    Iron and Steel Plates Sheets

    • AboutListed by Aakaf Steel as one of its products or services; details on aakafsteel.com.
    Product 02 / 06

    Beam

    • AboutListed by Aakaf Steel as one of its products or services; details on aakafsteel.com.
    Product 03 / 06

    Channel

    • AboutListed by Aakaf Steel as one of its products or services; details on aakafsteel.com.
    Product 04 / 06

    Angel Chequared Plate CTD Bars

    • AboutListed by Aakaf Steel as one of its products or services; details on aakafsteel.com.
    Product 05 / 06

    Square bars

    • AboutListed by Aakaf Steel as one of its products or services; details on aakafsteel.com.
    Product 06 / 06

    Section –T

    • AboutListed by Aakaf Steel as one of its products or services; details on aakafsteel.com.
    1 / 6
    03 · FY22 accounts · Ahmedabad

    Mahavir Rolling Mill Private Limited

    Mahavir Group

    Mahavir Group is a diversified conglomerate with operations in ship recycling, manufacturing of mild steel products, and automotive sales. The group has a strong presence in the Indian market and is known for its commitment to quality and customer satisfaction. Mahavir Group's businesses span multiple sectors, including industrial chemicals, education, and technology, showcasing its adaptability and resilience in a rapidly changing business landscape.

    Mahavir Rolling Mill Private Limited is a private company incorporated in 1992, with its registered office in Ahmedabad, Gujarat, classified under fabricated metal products. In FY22 it reported revenue of ₹86.1 crore, up 44% on the year before, with a net margin of 3.5%.

    • Revenue (FY22)₹86.1 crore
    • Growth vs prior year+44%
    • Net margin3.5%
    • Net worth₹33 crore
    • Paid-up capital₹4.3 crore
    • AreaAhmedabad
    • Incorporated1992 · Private company
    • Brand founded1988
    • Secured loans8 open
    Directors on recordKishorechand Kakaram Bansal, Gulshan Kishorechand Bansal, Moulik Kishorechand Bansal3 directors
    • Kishorechand Kakaram BansalDirector · since 1992
    • Gulshan Kishorechand BansalDirector · since 1995
    • Moulik Kishorechand BansalDirector · since 2004
    04 · FY25 accounts · Kachchh

    Vibrant Steel Tradex Private Limited

    Vibrant TMT

    Manufacturer of thermo-mechanically treated steel bars for the construction industry. The company produces high-quality steel bars using advanced technology and premium raw materials. A focus on quality control ensures consistent performance and reliability. The manufacturing process incorporates stringent quality checks throughout, from raw material selection to final product delivery. The company provides end-to-end handling services, encompassing production, quality control, and distribution. This ensures seamless delivery of products to meet diverse construction needs.

    Vibrant Steel Tradex Private Limited is a private company incorporated in 2006, with its registered office in Kachchh, Gujarat, classified under basic metals (iron, steel). Its latest accounts on file are for FY25; revenue, growth and margin are locked below.

    • Revenue (FY25)
    • Growth vs prior year
    • Net margin
    • Net worth
    • Paid-up capital
    • AreaKachchh
    • Incorporated2006 · Private company
    • Brand founded2012
    • Secured loans1 open
    • Key peopleJacob Jones (Founder & CEO)
    Founders & leadershipJJacob Jones1 person
    JJ
    Jacob Jones
    Founder & CEO
    • ProfileFounder & CEO-Vibrant TMT
    05 · FY25 accounts · Vadodara

    Varahaa Steelworks Private Limited

    Provider of business outsourcing services

    Varahaa Steelworks Private Limited is a private company incorporated in 2014, with its registered office in Vadodara, Gujarat, classified under basic metals (iron, steel). Its latest accounts on file are for FY25; revenue, growth and margin are locked below.

    • Revenue (FY25)
    • Growth vs prior year
    • Net margin
    • Net worth
    • Paid-up capital
    • AreaVadodara
    • Incorporated2014 · Private company
    Directors on recordKrishnan Venkatraman, Ramamurthy Natarajan Iyer, Prajit Jayantkumar Mehta3 directors
    • Krishnan VenkatramanAdditional Director · since 2014
    • Ramamurthy Natarajan IyerDirector · since 2018
    • Prajit Jayantkumar MehtaDirector · since 2019
    06 · FY22 accounts · Kheda

    Suryamani Glassed Steel Equipment Private Limited

    Suryamani is a manufacturer of glass-lined equipment with a focus on creating high-quality products using advanced techniques. The company offers a range of glass-lined products for various industries and applications.

    Suryamani Glassed Steel Equipment Private Limited is a private company incorporated in 2018, with its registered office in Kheda, Gujarat, classified under business services (consulting, advertising, staffing). Its latest accounts on file are for FY22; revenue, growth and margin are locked below.

    • Revenue (FY22)
    • Growth vs prior year
    • Net margin
    • Net worth
    • Paid-up capital
    • AreaKheda
    • Incorporated2018 · Private company
    • Secured loans6 open
    • OffersGlassed-Steel, Heat Exchanger (Disc Type / Shell in…, Glass lined Reactors AE Type, Min Sensible Volume V2 in
    Directors on recordSurykant Ashabhai Patel, Sunilkumar Arvindbhai Patel2 directors
    • Surykant Ashabhai PatelDirector · since 2018
    • Sunilkumar Arvindbhai PatelDirector · since 2018
    ProductsMSGL Agitated Nutsche…, Glass lined Reactors CE Type +35 products
    Product 01 / 05

    MSGL Agitated Nutsche Filters And Dryers

    • PriceOn request
    • Range5 products listed by Suryamani
    MSGL Agitated Nutsche Filters And Dryers
    Product 02 / 05

    Glass lined Reactors CE Type

    • PriceOn request
    • Range5 products listed by Suryamani
    Glass lined Reactors CE Type
    Product 03 / 05

    Glass Lined Reactors

    • PriceOn request
    • Range5 products listed by Suryamani
    Glass Lined Reactors
    Product 04 / 05

    Glass Lined Vertical Storage Tank & Receiver

    • PriceOn request
    • Range5 products listed by Suryamani
    Glass Lined Vertical Storage Tank & Receiver
    Product 05 / 05

    Glass Lined Vertical Un Jacketed Storage Tank

    • PriceOn request
    • Range5 products listed by Suryamani
    Glass Lined Vertical Un Jacketed Storage Tank
    1 / 5
    Financials locked for 10 of 13 mid-size steel plantsRevenue, growth, margin and net worth for every one of them are in Fliar Radar.
    Unlock in Radar

    Smaller companies

    under ₹10 crore · 4 steel plants
    01 · FY25 accounts · Ahmedabad

    Agew Steel Manufacturers Pvt Ltd

    Agew Steel Manufacturers Private Limited is an Indian manufacturer and exporter of steel windows and doors, with a focus on custom-made products. The company offers a range of steel doors, fire doors, and windows with international accreditations such as UL and BIS. With over a decade of experience, Agew Steel serves local and international markets, providing quality products with flexible design solutions.

    Agew Steel Manufacturers Pvt Ltd is a private company incorporated in 1970, with its registered office in Ahmedabad, Gujarat, classified under fabricated metal products. In FY25 it reported revenue of ₹4.4 crore, up 9% on the year before, with a net margin of −36.2%.

    • Revenue (FY25)₹4.4 crore
    • Growth vs prior year+9%
    • Net margin−36.2%
    • Net worth−₹13.7 crore
    • Paid-up capital₹1.2 crore
    • AreaAhmedabad
    • Incorporated1970 · Private company
    • Brand founded1998
    • Secured loans1 open
    Directors on recordVipulbhai Manubhai Shah, Pallav Babubhai Shah, Sunali Maneklal Shah4 directors
    • Vipulbhai Manubhai ShahWholetime Director · since 1989
    • Pallav Babubhai ShahWholetime Director · since 1989
    • Sunali Maneklal ShahDirector · since 2015
    • Payalben Vipul ShahDirector · since 2015
    ProductsFire Resistant Steel Doors, Fire Rated Steel Door +35 products
    Product 01 / 05

    Fire Resistant Steel Doors

    • CategoryFire Resistant Doors
    • Price₹6,200 per square meter
    • Range5 products listed by Agew Steel
    Fire Resistant Steel Doors
    Product 02 / 05

    Fire Rated Steel Door

    • CategoryFire Resistant Doors
    • Price₹5,250 per square meter
    • Range5 products listed by Agew Steel
    Fire Rated Steel Door
    Product 03 / 05

    Special Steel Doors

    • CategoryFire Resistant Doors
    • Price₹5,750 per sq ft
    • Range5 products listed by Agew Steel
    Special Steel Doors
    Product 04 / 05

    Pressed Steel DoorFrames

    • CategoryFire Resistant Doors
    • Price₹380 per piece
    • Range5 products listed by Agew Steel
    Pressed Steel DoorFrames
    Product 05 / 05

    Fabricated Steel Doors

    • CategoryFire Resistant Doors
    • Price₹5,250 per sq ft
    • Range5 products listed by Agew Steel
    Fabricated Steel Doors
    1 / 5
    02 · FY25 accounts · Ahmedabad

    Gopal Iron And Steels Company (gujarat) Limited

    Gopal Iron & Steels

    Gopal Iron & Steels Co (Gujarat) Ltd is an India-based company. It is engaged in the manufacturing of structural steel like channels, angles, beams, sections, electric resistance welded pipes, and bars. Its products comprise ERW Pipes / Tubes (RHS, SHS, CHS) and Bars like Round Bars, Square Bars, HR/CR/SS Galvanized coils, strips, and Flat Bars. The company is also engaged in green power generation through windmills.

    Gopal Iron And Steels Company (gujarat) Limited is a public company incorporated in 1994, with its registered office in Ahmedabad, Gujarat, classified under basic metals (iron, steel). In FY25 it reported revenue of ₹3.2 crore, down 25% on the year before, with a net margin of −0.8%.

    • Revenue (FY25)₹3.2 crore
    • Growth vs prior year−25%
    • Net margin−0.8%
    • Net worth₹88.8 lakh
    • Paid-up capital₹4.9 crore
    • AreaAhmedabad
    • Incorporated1994 · Public company
    • BackingCorporate
    • OffersStructural Steels, Flat Bars, ERW Pipe/Tube ( SHS ), Channels
    Directors on recordPrabhubhai Laxmanbhai Patel, Rakeshkumar Motilal Moghariya, Kundanben Bhaveshbhai Patel5 directors
    • Prabhubhai Laxmanbhai PatelDirector · since 1994
    • Rakeshkumar Motilal MoghariyaDirector · since 2014
    • Kundanben Bhaveshbhai PatelManaging Director · since 2018
    • Prafful Jagdishbhai BuradDirector · since 2020
    • Mukesh JaniAdditional Director · since 2021
    ProductsERW Pipe And Tube1 product
    Product 01 / 01

    ERW Pipe And Tube

    • PriceOn request
    ERW Pipe And Tube
    1 / 1
    03 · FY15 accounts · Surat

    Essar Steel Logistics Limited

    Essar Steel Logistics Limited is a public company incorporated in 2013, with its registered office in Surat, Gujarat, classified under land transport. In FY15 it reported revenue of ₹58.3 lakh, down 100% on the year before, with a net margin of −111.6%.

    • Revenue (FY15)₹58.3 lakh
    • Growth vs prior year−100%
    • Net margin−111.6%
    • Net worth₹5.6 crore
    • Paid-up capital₹5 lakh
    • AreaSurat
    • Incorporated2013 · Public company
    Directors on recordVineet Khemka, Anil Matoo, Santosh Maniklal Mundhada3 directors
    • Vineet KhemkaDirector · since 2019
    • Anil MatooDirector · since 2020
    • Santosh Maniklal MundhadaDirector · since 2020
    04 · FY23 accounts · Ahmedabad

    Hans Ispat Limited

    Electrotherm (India) Ltd. Has been engineering metal melting industry since 1983. In Electrotherm from inception, R&D has been our core competency with a common focus on developing and adopting technologies to customize customer needs making it a key driver in our Multi-Divisional growth story.

    Hans Ispat Limited is a public company incorporated in 1991, with its registered office in Ahmedabad, Gujarat, classified under wholesale trade. Its latest accounts on file are for FY23; revenue, growth and margin are locked below.

    • Revenue (FY23)
    • Growth vs prior year
    • Net margin
    • Net worth
    • Paid-up capital
    • AreaAhmedabad
    • Incorporated1991 · Public company
    • Secured loans4 open
    • OffersElectro Tlt Angles & Structurals, High Quality Steel Billets, Electro T.M.T Plus Bars, Stainless Steel
    Directors on recordShailesh Bhanwarlal Bhandari, Chaitanyapratap Harish Sharma, Lubna Walia4 directors
    • Shailesh Bhanwarlal BhandariDirector · since 2010
    • Chaitanyapratap Harish SharmaDirector · since 2015
    • Lubna WaliaDirector · since 2020
    • Gouranga Charan RoutAdditional Director · since 2021
    ProductsElectro Tlt Angles &…, High Quality Steel Billets +35 products
    Product 01 / 05

    Electro Tlt Angles & Structurals

    • PriceOn request
    • Range5 products listed by Hans Ispat
    Electro Tlt Angles & Structurals
    Product 02 / 05

    High Quality Steel Billets

    • PriceOn request
    • Range5 products listed by Hans Ispat
    High Quality Steel Billets
    Product 03 / 05

    Electro T.M.T Plus Bars

    • PriceOn request
    • Range5 products listed by Hans Ispat
    Electro T.M.T Plus Bars
    Product 04 / 05

    Stainless Steel

    • PriceOn request
    • Range5 products listed by Hans Ispat
    Stainless Steel
    Product 05 / 05

    Batteries for Electric Vehicles

    • PriceOn request
    • Range5 products listed by Hans Ispat
    1 / 5
    Financials locked for 1 of 4 smaller steel plantsRevenue, growth, margin and net worth for every one of them are in Fliar Radar.
    Unlock in Radar

    Standout steel plants in Gujarat

    Steel plants with at least ₹5 crore of revenue: the fastest growing (two consecutive years on file) and the most profitable.

    Fastest growing
    CompanyRevenueGrowth
    Kotecha Steel Forge Private Limited
    Kb Ispat Private Limited
    Mahavir Rolling Mill Private Limited₹86.1 crore+44%
    Nyalkaran Steel Private Limited
    Suryamani Glassed Steel Equipment Private Limited
    Shree Balram Rolling Mills Private Limited
    Asra Ispat Private Limited
    Shilpan Steelcast Private Limited
    Highest margins
    CompanyRevenueNet margin
    Steel Cast Limited
    Manglam Steelcast Private Limited
    Ashok Steel Craft Private Limited
    Shilpan Steelcast Private Limited
    Suryamani Glassed Steel Equipment Private Limited
    Steelfur System Private Limited
    Mahavir Rolling Mill Private Limited₹86.1 crore3.5%
    Theis Precision Steel India Private Limited
    Financials locked for 14 of 34 companiesRevenue, growth, margin and net worth for every one of them are in Fliar Radar.
    Unlock in Radar

    How big are they?

    Annual revenueCompaniesShare of filersShare of revenueProfitable
    Under ₹1 crore26%0%0%
    ₹1–10 crore26%0%0%
    ₹10–100 crore1338%7%92%
    ₹100–1,000 crore1544%59%93%
    ₹1,000 crore and above26%33%50%

    Gujarat against India

    GujaratIndia (steel plants)
    Companies with accounts on file34422
    Median revenue₹106 crore₹136 crore
    Share reporting a profit82%86%
    Median net margin0.9%1.1%
    Median revenue growth+2%+2%
    Employee cost as share of revenue2%2%
    Companies with a secured loan45.6%44.3%
    Top-10 share of revenue80%77%

    Who lends to Gujarat's steel plants

    Secured loans registered against company assets. The median open loan is ₹2.7 crore.

    LenderCompaniesLoansOpen borrowings
    State Bank Of India57113₹12,324 crore
    HDFC Bank5687₹607 crore
    Bank Of Baroda49125₹594 crore
    Dena Bank2745₹26.8 crore
    Punjab National Bank2670₹488 crore
    Bank Of India2480₹70.6 crore
    Gujarat State Financial Corporation2123₹5.7 crore
    Axis Bank2039₹151 crore

    Backed steel plants in Gujarat

    Companies with venture, private-equity, incubator or grant funding on Fliar Radar, most recent rounds first.

    CompanyBackingLatest roundBackers on recordNamed backers
    JSW GroupPublicPost IPO · 2022-0915Life Insurance Corporation of India
    Welcast SteelPublic–––
    Gopal Iron & SteelsCorporate–––
    Panchmahal SteelFunding Raised–––
    SteelcastCorporate––Nrups Consultants
    SAL SteelCorporate–––
    GPT Steel IndustriesFormerly PE-Backed–––
    TheisAcquired–––

    Frequently asked questions

    How many steel plants are there in Gujarat?

    The register lists 564 active steel plants in Gujarat; 34 have filed accounts and 30 are tracked in Radar.

    What is the biggest of the steel plants in Gujarat?

    By latest revenue: Laxcon Steels Limited (₹1,911 crore, FY25); China Steel Corporation India Private Limited (₹1,115 crore, FY25); Vinayak Tmt Bars Private Limited (₹835 crore, FY25).

    How much revenue do steel plants in Gujarat generate?

    The 34 companies with accounts on file reported ₹9,053 crore in their latest year; the median is ₹106 crore and the top ten make up 80%.

    Are steel plants in Gujarat profitable?

    82% of filers reported a profit and the median net margin is 0.9%; median revenue growth is +2%.

    Which city in Gujarat has the most steel plants?

    Ahmedabad (212); Bhavnagar (77); Rajkot (47).

    Which banks lend to steel plants in Gujarat?

    State Bank Of India (57 companies); HDFC Bank (56 companies); Bank Of Baroda (49 companies); Dena Bank (27 companies).

    Companies come from the Ministry of Corporate Affairs register (active companies; incorporations through 2022). Revenue, profit and net worth are the latest statutory accounts on file for companies that file them, standalone where available; companies without accounts are not in revenue figures. Secured loans are charges registered against company assets. Hiring is from Fliar Radar job tracking. Directory figures come from business-directory listings collected in 2026 (reviews to 2021). Counts are a floor: some incorporation years are only partly covered.

    Steel Plants in other cities

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