Top Steel Manufacturing companies in Madhya Pradesh


Mahamaya Steel Industries Ltd is counted among the top notch steel production companies of India that was started in 1988.

Company has more than 20 years of steel production experience. It is the part of eminent Mahamaya Group that has following companies in iron steel production arena - Mahamaya Steel Industries Ltd, Mahamaya Ispat Ltd., Devi Iron and Power Ltd, Shree Shyam Sponge.  Overall Group has turnover of Rs 1000 crore and manufacture steel in the structure of Angles, Beams, Joist, Channels, Rounds, Flats, Railway sleepers etc.

Because of excellent quality product development, company has good clients that includes the eminent names of Indian industries like BHEL, BHPV, MAHAGENCO, CSPDCL, TNEB, GETCO etc


Establishment : 1988 | Revenue : 55.2273 ( USD in Millions ) | Market Cap : 702.94672 ( Rs. in Millions ) | Total Income - Rs. 2978.322 Million ( year ending Mar 2014)  | Net Profit - Rs. 29.671 Million ( year ending Mar 2014) | Website: www.mahamayagroup.in


Corporate Address : B-8/9,Sector - C,Urla Industrial Area, SaroraRaipur-493221, Madhya Pradesh



Malanpur Steel Ltd is a growing steel manufacturing company, started in 1944. Company is listed in Bombay and National stock exchange and has market capitalization of Rs 281.819343 ( Rs. in Millions ). Company has talented pool of engineers that manufacture high quality steel using cost effective solutions.


Key Executives:


Narendra Kumar Jaipuria , Additional Director | Pradeep Kumar Rateria , Additional Director | M S Mehta , Executive Director | K C Jain , Company Secretary


Head Office :Mody Building, 20 Sir R N Mukherjee Road, Kolkata, West Bengal-700001 | Phone : West Bengal-91-33-2480166/68/14 / West Bengal-


Pithampur Steels Ltd is another well know steel production company of Madhya Pradesh, located in MargIndore. Company was started in 1985 and has been providing excellent services from last 25 years. Company is listed in stock market and has market capitalization of Rs 10.462056 ( Rs. in Millions ).


Key Executives:


Chairperson - Suresh Sharma  | MD - Sachin Sharma | Directors - Daljeet Singh Matharu, Giriraj Prasad Sharma, Hemant Kokatay, Rajen Navnitlal, Rampratap Singh, Sachin Sharma, Suresh Sharma


Establishment : 1985 | Revenue                : 4.68486 ( USD in Millions ) | Market Cap              : 10.462056 ( Rs. in Millions ) | website : www.pithampursteels.com


Corporate Address : 509,Chetak Centre,12/2 R N T MargIndore-452001, Madhya Pradesh



Steel Tubes Of India Ltd is a 50 years old steel production company, located in PalasiaIndore (MadhyaPradesh). Company was started in 1959 and manufacture high quality stainless steel pipes, stainless steel tubes, steel flanges, steel butt weldings, steel pipe fittings. Company has huge distribution network in Pan India and also export in following countries USA, Europe, Africa, Far-East, Australia. Steel Tubes Of India Ltd is ISO 9001 and ISO 14001 certified company and using innovative technology to produce cost effective solutions.


Date of Establishment : 1959 | Market Cap : 25.42000205 ( Rs. in Millions ) | Website: www.stitubes.com


Corporate Address : Badgara House,13/1,New PalasiaIndore-452001, Madhya Pradesh