Steel Exchange India

Name

Steel Exchange India

Legal name

Steel Exchange India Limited

Website

https://seil.co.in

Company type

Public

Founded year

1999

Operating status

Operating

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Product category

TMT Rebar Manufacturing

NAICS

Iron and Steel Mills and Ferroalloy Manufacturing (33111)

SIC

Steel Works, Blast Furnaces & Rolling & Finishing Mills (3310)

akta.pro primary industry

Long Products Manufacturing (Rebar, Wire Rod, Merchant Bar, Sections/Beams) (IMAKABAH)

akta.pro secondary industry

Rebar Fabrication & Reinforcing Products (IMADACAH)

Keywords

• TMT rebar manufacturing
• Integrated steel plant
• Sponge iron production
• Corrosion resistant steel
• Construction steel products

Headquarters

HQ city

Hyderabad

HQ country

India

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Technology or R&D, Personnel, Marketing or Sales

Revenue model

1. TMT Rebar Manufacturing and Sales: Manufacturing and sale of SIMHADRI TMT rebars (Fe500D, Fe550D, Fe500D CRS) through dealer/distributor network and direct institutional sales to government and private sector clients. FY26 total income of ₹1,066.42 crore with EBITDA of ₹138.03 crore.
2. Steel Trading: Trading of steel and allied products, originating from the company's steel trading background established via steelexchangeindia.com portal in 1999.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Steel Exchange India manufactures and sells SIMHADRI TMT thermo-mechanically treated rebars in Fe-500D, Fe-550D, and Fe-500D CRS (High Strength Corrosion Resistant) grades, produced through a fully integrated process at its Vizianagaram plant — from sponge iron via DRI kilns, through steel melt shop billets, to finished rebar via a continuous rolling mill using TEMPCORE technology from CRM Group Belgium. The company supplies these rebars to government infrastructure projects, defence establishments, and private construction companies, supported by 60 MW of captive power.

Product overview

Steel Exchange India Limited operates as an integrated steel manufacturer producing SIMHADRI TMT branded rebars through a fully integrated manufacturing process. The company converts high-grade iron ore into sponge iron at its DRI kilns, which is then melted into crude steel at the Steel Melt Shop and cast into MS Billets. These billets are then thermo-mechanically treated into finished TMT rebars using the TEMPCORE process from Belgium. The product portfolio includes Fe-500D (premium high strength), Fe-550D (super premium high strength and ductility), and Fe-500D CRS/HSCRM (corrosion resistant grade for coastal and industrial environments). The company also operates a 60 MW captive power plant to support its manufacturing operations.

Differentiator

Problem solved

Functional benefit

Brands

• SIMHADRI TMT Rebars: Premium TMT (Thermo-Mechanically Treated) rebars manufactured using TEMPCORE technology from CRM Group of Belgium. Product range includes Fe-500D, Fe-550D, and Fe-500D CRS (Corrosion Resistant) grades for construction and infrastructure projects.

Products and services

• SIMHADRI TMT Fe-500D Rebars Premium high-strength thermo-mechanically treated rebars with best UTS/YS ratio and high ductility, suitable for construction in earthquake-prone areas. Manufactured using TEMPCORE process technology licensed from CRM Group Belgium. Yield stress 520-560 N/mm², compliant with IS 1786:2008 Fe-500D standards. Available in diameters 8mm to 32mm in straight length, bend, and random forms. Target customers: government infrastructure bodies, EPC firms, construction companies, and retail dealers.
• SIMHADRI TMT Fe-550D Rebars Super-premium high-strength and high-ductility rebars for ordinary residential, commercial, and infrastructure construction. Manufactured using TEMPCORE process technology. Yield stress 570-610 N/mm², high percentage elongation, BIS-certified under IS 1786:2008. Available in diameters 8mm to 32mm. Target customers: construction companies, infrastructure developers, and approved for APCRDA Amaravati Capital City development.
• SIMHADRI TMT Fe-500D CRS (HSCRM) Rebars High-strength corrosion-resistant rebars designed for coastal areas, high-salinity environments, industrial areas, marine structures, and locations with high acid content in the air. Manufactured using TEMPCORE process with chromium (0.40-0.65%) and copper (0.20-0.30%) alloying. Meets IS 1786:2008 Fe-500D CRS standards. Available in diameters 8mm to 32mm. Target customers: port construction, marine infrastructure, coastal residential and commercial projects, and industrial facility developers.

Quantifiable outcome

• Q4 FY26 net profit increased 442.80% QoQ and 159.87% YoY to ₹12.37 crore
• +3 more outcomes

Named customers21 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators12 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• SAIL (Steel Authority of India Limited): Government-owned integrated steel major with national TMT rebar distribution; competes with SEIL on government infrastructure tenders (CPWD, NHAI, Indian Railways) and represents the PSU benchmark for approved rebar supply.
• JSW Steel (JSW NeoSteel): One of India's top three steel manufacturers with multi-MTPA integrated capacity; JSW NeoSteel is a premium TMT rebar brand that competes head-to-head with SIMHADRI TMT in southern and western India, sharing the same long-products and high-strength positioning.
• Jindal Steel & Power (JSPL / Jindal Panther): Major integrated long-products manufacturer with Jindal Panther TMT rebar brand; operates at national scale with strong rail, infrastructure, and defence customer relationships comparable to SEIL's MES and NHAI qualifications.
• Tata Steel (Tata Tiscon TMT): India's largest private-sector steel producer; produces SIMHADRI's category equivalent — TMT rebars under the Tata Tiscon brand — with national distribution and substantially larger capacity, making it the dominant broad incumbent against which SEIL competes for premium TMT positioning.

Direct peers

• Shyam Steel: Mid-sized Indian TMT rebar specialist with integrated manufacturing; competes in the same premium ductile and corrosion-resistant rebar categories as SIMHADRI TMT and shares a similar regional-to-national growth trajectory.
• Captain Steel: TMT rebar manufacturer with similar grade and diameter portfolio targeting construction and infrastructure customers; positioned in the same mid-cap TMT segment as SEIL and competing for the same private sector EPC clients.
• Rashtriya Ispat Nigam Ltd (RINL / Vizag Steel): Located in Visakhapatnam — the same city as SEIL's corporate office — RINL is India's largest long products public-sector steel producer and the most direct geographic and product peer. The two firms compete for the same AP/Telangana institutional and government contracts.
• Gallantt Ispat: Listed Indian integrated steel and TMT rebar manufacturer of comparable scale to SEIL; competes in long products, sponge iron, and billets — a direct capacity and product analogue in the mid-cap Indian steel space.
• SRMB Steel: Indian TMT rebar manufacturer focused on infrastructure-grade Fe-500D and Fe-550D products; directly comparable product mix and target customer base (EPC contractors and institutional buyers), competing with SEIL for premium rebar tenders.

Emerging players

• Kalyani Steels: Specialty steel and long products manufacturer with presence in billets, bars, and structural sections; partial product overlap with SEIL's rebar and billet operations, and competes for some of the same automotive and engineering customer segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries4 records

Funding overview

Funding rounds1 record

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Steel Exchange India