Pulkit Group

What Pulkit Group does

Pulkit Group is a Chennai-headquartered, privately held integrated steel manufacturer founded in 1995 by Vinod Garg, producing Thermo-Mechanically Treated (TMT) reinforcement bars and Corrosion-Resistant Steel (CRS) bars for the construction sector. The group operates through wholly-owned subsidiaries Pulkit Metals Pvt. Ltd. (Puducherry), Pushpit Steels Pvt. Ltd. (Srikalahasti), Pushpit Green Pvt. Ltd., V.K. Enterprises, and Pulkit Alloys & Steel Ltd. (Lagos, Nigeria), with installed manufacturing capacity of 6 lakh (0.6 million) tonnes per annum and a group turnover of INR 1,000 Crores.

The company's core technology stack is vertically integrated from iron ore to finished bars: in-house Direct Reduced Iron (DRI/sponge iron) with 83-90% Fe content feeds induction-furnace billet production, which is rolled into TMT bars using licensed Thermex Quenching and Self-Tempering (QST) technology from Germany's Hennigsdorfer Stahl Engineering, plus India's second No Twist Mill (after JSW) commissioned in January 2022 at the Kalahasti plant. Products span Fe-415 through Fe-550D grades in 8-32mm diameters, with a differentiated CRS line that reduces rust penetration by over 40% — a South Indian first. Ancillary capabilities include in-house power generation (Waste Heat Recovery Boilers, 4MW wind, gas, coal) and India's first biomass gasifier in a steel plant, which displaces 7,000 litres of furnace oil daily.

Commercially, Pulkit runs a hybrid enterprise-plus-channel model: direct sales teams cover government departments and PSUs (CMRL, ISRO, NHAI, BHEL, NLC, TNEB), while a regional dealer/distributor network with yards in Ernakulam, Kannur, Bangalore, and a planned Thiruvananthapuram location serves real estate developers (Prestige, Sobha, Godrej Properties, Shapoorji Pallonji, Shriram Properties) and smaller builders. Pricing is per-piece by bar diameter and publicly disclosed for select grades and regions; differentiation rests on certifications (IS 1786, ISO 9001, CPWD, NABL, IGBC, GreenPro), brand longevity (30+ years), and an on-site "Lab on Wheels" mobile steel testing service — rather than on software, data, or AI capabilities.

Name

Pulkit Group

Legal name

Pulkit Metals Pvt. Ltd.

Website

https://pulkittmt.in

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Pulkit Group is a Chennai-headquartered integrated steel manufacturer producing TMT and CRS bars with 0.6 million tonnes annual capacity across India and Nigeria, serving South Indian government agencies, PSUs, and major real estate developers through direct sales and regional dealer networks.

Ownership category

akta.pro rank

Product category

Steel Reinforcement Bar Manufacturing

NAICS

Iron and Steel Mills and Ferroalloy Manufacturing (3311)

akta.pro primary industry

Direct Reduced Iron (DRI) & Hot Briquetted Iron (HBI) Production (IMAKABAC)

Keywords

• TMT steel bars
• Corrosion resistant steel
• Reinforcement bars manufacturing
• Integrated steel plant
• Construction materials supply

Headquarters

HQ city

Chennai

HQ country

India

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. TMT & CRS Steel Bars: Manufacture and sale of Thermo-Mechanically Treated (TMT) bars and Corrosion-Resistant Steel (CRS) bars. Products sold in various grades (Fe 415, Fe 500, Fe 500D, Fe 550, Fe 550D, Fe 550D CRS) and sizes (8mm to 32mm). Primary revenue stream from direct sales to construction companies, real estate developers, government projects, and infrastructure developers.
2. Billets and DRI: Sale of intermediate steel products including Direct Reduced Iron (DRI/Sponge Iron) and Billets to other steel manufacturers.
3. Power Generation: Internal power generation from Waste Heat Recovery Boilers (WHRB), windmills (4MW in Tamil Nadu), and gas/coal-based power supporting manufacturing operations.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

Pulkit Group manufactures and sells Thermo-Mechanically Treated (TMT) steel reinforcement bars and Corrosion-Resistant Steel (CRS) bars from a fully integrated steel plant producing DRI (sponge iron), billets, and finished TMT/CRS bars. The company serves construction companies, real estate developers, government departments, and infrastructure projects across South India and Nigeria.

Product overview

Pulkit Group operates as a fully integrated steel manufacturing company producing TMT (Thermo-Mechanically Treated) bars and CRS (Corrosion-Resistant Steel) bars. The product portfolio centers on Pulkit TMT Bars available in multiple grades (Fe-415, Fe-500, Fe-500D, Fe-550, Fe-550D, Fe-550D CRS), complemented by upstream products including Direct Reduced Iron (DRI) and Billets manufactured in-house. The company offers the Pulkit Lab on Wheels as a mobile testing service for quality verification. All TMT bars are produced using Thermex QST (Quenching and Self-Tempering) German technology at their integrated manufacturing facilities.

Differentiator

Problem solved

Functional benefit

Brands

• Pulkit TMT: Primary brand for Thermo-Mechanically Treated (TMT) bars and Corrosion-Resistant Steel (CRS) bars for construction applications
• Pulkit Lab on Wheels
• Pulkit Barbenders Academy
• Pulkit First Aid Centre

Quantifiable outcome

• Reduces rust penetration by over 40% with CRS bars
• +4 more outcomes

Named customers18 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Four partnerships are on record, tiered core, key and supporting.

• NavBharat EngineeringcoreTechnology or Integration · 1 January 2021Supplier of rolling mill equipment with FUJI Gemco technology and Thermax technology license. Supplied the No Twist Mill for Pushpit Steels Kalahasti plant (3 lakh tonnes per annum capacity) and also for the Nigeria plant of Pulkit Group. Led by Mr. Bhisham Kumar, IIT graduate.
• Hennigsdorfer Stahl Engineering (HSE)coreTechnology or IntegrationGerman engineering firm that developed and branded the Thermex process in the 1970s. Pulkit Metals Private Limited and Pushpit Steels Private Limited have been granted license rights to use the Thermex quenching system for TMT bar manufacturing.
• Korus EngineeringkeyImplementation/ SI/ Consulting PartnerMulti-disciplinary engineering consultancy led by Mr. D D Kapur (JMD of Korus) who has worked on all major steel projects in India. Provided engineering consultancy for the new rolling mill installation at Pushpit Steels Kalahasti.
• Pondicherry Engineering College (PEC)supportingOthersEducational institution partnership for conducting the Pulkit Barbenders Academy certification course, training young men in barbending skills for placement in construction companies.

Scale indicators8 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• JSW Steel: Headquartered in Karnataka, JSW is one of India's largest integrated steel producers with major South India presence. Manufactures TMT bars under the NeoSteel brand and was the first in India to deploy No Twist Mill technology (Pulkit was second). Direct TMT competitor across Pulkit's core South India markets.
• Tata Steel: India's largest private-sector integrated steel company; produces branded TMT rebar under the Tata Tiscon brand with nationwide distribution. Competes with Pulkit across construction-grade rebar including in South India and on large government infrastructure contracts.
• Kamdhenu Limited: Indian branded TMT bar manufacturer operating a franchise-based distribution model (Kamdhenu Nxt, Kamdhenu Pasquila). Competes with Pulkit in retail rebar market through similar dealer-network GTM in northern and western India.
• Shyam Steel: Indian branded TMT and structural steel producer with multi-state dealer presence. Competes in the premium construction rebar category with overlapping product grades (Fe 500/550) and infrastructure-construction customer mix.
• Captain Steel: Indian steel manufacturer producing TMT bars and structural sections across multiple grades. Competes with Pulkit in the branded rebar segment with similar mid-market positioning and channel-led distribution.
• Mesco Steels: Integrated Indian steel manufacturer with DRI and steelmaking operations, producing rebar products that compete with Pulkit's TMT bars in mid-tier construction and infrastructure segments.

Broad incumbents

• Steel Authority of India Limited (SAIL): State-owned integrated steel major with central government backing and wide TMT product range across its Bhilai, Bokaro and other plants. Competes for government infrastructure tenders (NHAI, CPWD) where Pulkit also supplies and benefits from same regulatory approvals.
• Jindal Steel & Power: Major integrated Indian steel and power producer with TMT bar offerings across multiple geographies. Competes in construction rebar segment including structural and CRS-style products overlapping Pulkit's portfolio.

Regional players

• Sathavahana Ispat: South India-headquartered integrated steelmaker (Telangana-based) producing billets and TMT rebar. Direct competitor to Pulkit's southern regional markets with comparable product portfolio and government infrastructure exposure.
• Gallantt Ispat: Indian steel manufacturer with integrated DRI and rolling operations producing TMT rebar and structural products. Competes with Pulkit in branded construction steel and has overlapping government-project approvals.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/pulkittmt
• YouTubeyoutube.com/@pulkittmtbar
• Facebookfacebook.com/PulkitTMT
• LinkedInlinkedin.com/company/pulkit-metals-private-limited
• Instagraminstagram.com/pulkittmt?igshid=e3avng8fvcmi

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries4 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 Pulkit Group