Neo Metaliks

What Neo Metaliks does

Neo Metaliks Limited (NML) is a private Indian pig iron manufacturer incorporated in 2003 and headquartered in Kolkata, with manufacturing operations at Durgapur, West Bengal. The company is promoted by Rupa & Company Ltd, a leading Indian hosiery-goods manufacturer, and operates as a B2B industrial producer supplying foundry and steel manufacturers, primarily across Eastern India. Neo Metaliks employs 101-250 staff and is registered under CIN U27109WB2003PLC097231.

The company's product portfolio centers on seven pig iron grades — foundry grades Neo 2 through Neo 5 and basic/steel grades Neo 1(E) and Neo 1(F) — distinguished by tight chemistry specifications including sulphur under 0.06% and phosphorus under 0.150% for foundry grades and under 0.140% for steel grades. Production is based on blast furnace manufacturing using superior iron ore and low ash coke, with an in-house laboratory and ISO 9001:2015-certified processes supporting quality control. The firm also sells metallurgical by-products (pig iron skull, chips, granulated slag, slag bolder), and lists ongoing Environment Compliance reporting from April 2018 through March 2025.

The business model is direct B2B sales from a Kolkata corporate office to foundries and steel manufacturers, with quote-based pricing set per grade, volume, and delivery terms. The company markets minimalistically through its corporate website and a WordPress blog, with no disclosed revenue, no external institutional or PE/VC investment, and no confirmed execution of its long-announced Rs. 5,100 crore proposal for a 1.5-million tonne greenfield integrated steel plant in West Bengal. CSR activities (health camps, scholarships, women empowerment) are funded at a modest Rs. 84.6 lakh for FY 2023-24.

Name

Neo Metaliks

Legal name

Neo Metaliks Limited

Website

https://neometaliks.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

251–500 employees

Short description

Neo Metaliks is a private Indian pig iron manufacturer, headquartered in Kolkata with a Durgapur blast furnace plant, supplying low-sulphur and low-phosphorus foundry and steel-grade pig iron directly to foundries and steel manufacturers across Eastern India.

Ownership category

akta.pro rank

Headquarters

HQ city

Kolkata

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Pig Iron Manufacturing and Sales: Core revenue stream from manufacturing and selling various grades of pig iron (Neo 1 through Neo 5) for foundry and steel applications. Revenue is generated through direct B2B sales to foundries and steel manufacturers in Eastern India and beyond.
2. By-product Sales: Sale of pig iron manufacturing by-products including Pig Iron Skull, Pig Iron Skull Chips Unscreened, Pig iron Chips Unscreened, Granulated Slag, and Slag Bolder

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Neo Metaliks manufactures and sells pig iron (foundry grades Neo 2-5 and basic/steel grades Neo 1(E) and Neo 1(F)) produced via blast furnace using superior iron ore and low ash coke to achieve low sulphur (under 0.06%) and low phosphorus content suitable for ductile iron castings. The company also sells manufacturing by-products including pig iron skull, pig iron chips, granulated slag, and slag bolder, primarily supplying foundries and steel manufacturers.

Product overview

Neo Metaliks Limited (NML) is a leading pig iron manufacturer in India, producing high-quality pig iron with low sulphur and low phosphorus content using superior iron ore and low ash coke. The company's product portfolio consists of foundry grade pig iron (Neo 5, Neo 4, Neo 3, Neo 2) and basic/steel grade pig iron (Neo 1(F), Neo 1(E)) variants, all suitable for manufacturing ductile grades of castings. Additionally, the company supplies by-products including pig iron skull, pig iron skull chips, pig iron chips, granulated slag, and slag bolder. The products are supported by ISO 9001:2015 certified quality management systems.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Low sulphur content under 0.06% across all grades
• +1 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators4 records

Recent moves8 records

Expansion highlights4 records

Broad incumbents

• Tata Steel Limited: India's largest integrated steel producer with captive iron ore and blast furnace operations. Comparable on pig iron / steelmaking technology but vastly larger scale and downstream integration.
• Vedanta Limited: One of India's largest diversified metals and mining conglomerates, producing pig iron and steel alongside iron ore, aluminum, and zinc. Broader portfolio but overlapping pig iron and steel-making capability.
• JSW Steel Limited: Major Indian integrated steel producer with blast furnace ironmaking. Comparable end products and customer base, but at substantially greater scale and with deeper downstream value chain.
• Jindal Steel & Power Limited: Indian integrated steel producer with captive iron ore mining and blast furnace pig iron production. Overlaps with Neo Metaliks on the ironmaking step but operates at much larger scale across steel, mining, and power.

Direct peers

• Rashmi Metaliks: Indian integrated manufacturer of pig iron, DRI, and steel with a comparable blast furnace footprint. Directly comparable on product (pig iron), production process, and Indian mid-market customer base.
• Kirloskar Ferrous Industries: Listed Indian manufacturer of pig iron and steel using blast furnace route. Closely comparable on production technology, product mix, and Indian foundry/steel customer base.
• Visa Steel: Indian pig iron and steel producer operating blast furnaces and downstream steelmaking. Comparable product portfolio including foundry-grade pig iron and Indian mid-market customer focus.
• Neelachal Ispat Nigam Limited: Indian pig iron and steel manufacturer based in Eastern India, sharing regional customer overlap and similar blast-furnace-based product mix targeted at foundry and steel-mill customers.

Others

• Electrosteel Castings Limited: India's largest ductile iron pipe manufacturer and a major consumer of low-phosphorus pig iron. Comparable because it represents Neo Metaliks' downstream foundry end-market and validates demand for ductile-grade pig iron in India.
• NMDC Limited: India's largest iron ore miner and a key upstream supplier of iron ore feedstock to Indian pig iron and steel producers. Comparable as the upstream counterparty in Neo Metaliks' raw material supply chain.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/neometaliks

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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 Neo Metaliks