Rimjhim Ispat

What Rimjhim Ispat does

Rimjhim Ispat Ltd. is a privately held, integrated Indian stainless steel manufacturer headquartered in Kanpur, Uttar Pradesh, founded in 2007. The company operates composite manufacturing facilities spanning a steel melting shop using Electro Arc Furnace (EAF) technology, wire rod and round bar/structure rolling mills, bright bar plants, wire drawing lines, and hot-rolled (HR) and cold-rolled (CR) coil mills, with a plates mill currently under commissioning. Its ten core product lines — HR coils, CR coils, plates, wire rods, wire and fine wire, bright bars (round/square/hex), angles and channels, flats, rebars, and billet/bloom/slab — are produced across austenitic (200/300 series) and ferritic (400 series) stainless grades, supported by annual rolling capacity of 300,000 tons (HR) and 180,000 tons (CR).

The company serves six primary end-markets: construction, automotive, container, appliance, industrial machinery, and oil & gas, with named anchor customers including NTPC, BHEL, and Indian Railways. It also maintains a group structure with wholly owned subsidiaries Rimjhim Stainless Ltd., Juhi Alloys Ltd., and Novel Sugar Ltd., and acquired BRG Iron & Steel in December 2021 to consolidate upstream feedstock. Geographically, Rimjhim serves the domestic Indian market and exports to Europe and other global regions via a dedicated export sales channel, with manufacturing presence at the original Kanpur/Unnao site and a Kharagpur plant. Its go-to-market is direct sales — domestic and export — with no disclosed tiered pricing or digital channels, and its workforce exceeds 2,000 workers.

Name

Rimjhim Ispat

Legal name

Rimjhim Ispat Ltd.

Website

https://rimjhimispat.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

51–100 employees

Short description

Rimjhim Ispat Ltd. is an integrated Indian stainless steel manufacturer producing HR/CR coils, plates, wire rods, bars, and rebars via EAF melting and rolling mills, serving construction, automotive, container, appliance, industrial machinery, and oil & gas customers including NTPC, BHEL, and Indian Railways, with exports to Europe.

Ownership category

akta.pro rank

Headquarters

HQ city

Unnao

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Stainless Steel Product Sales: Manufacturing and selling stainless steel products including HR coils, CR coils, plates, wire rods, bright bars, wire, angles, channels, rebars, and billet/bloom/slab. Revenue is generated through one-time product transactions to customers in construction, automotive, container, appliance, industrial machinery, and oil & gas industries.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Rimjhim Ispat is an integrated stainless steel manufacturer producing HR coils, CR coils, plates, wire rods, bright bars, angles & channels, flats, rebars, and billets/blooms/slabs from composite manufacturing facilities. The company uses an Electro Arc Furnace for melting raw materials and operates hot rolling, cold rolling, wire drawing, bright bar, and plate processing lines to serve construction, automotive, container, appliance, industrial machinery, and oil & gas industries.

Product overview

Rimjhim Ispat Ltd is an integrated stainless steel manufacturer offering a diverse portfolio of stainless steel products. The company operates composite manufacturing facilities including steel melting shop, wire rod rolling mill, round bar/structure rolling mill, bright bar plants, wire drawing, and HR/CR coils and plates mills. The product portfolio consists of ten core product lines: HR Coils and CR Coils (flat-rolled products in various thicknesses and finishes), Plates (including 2-meter-wide plates), Wire Rods and Wire & Fine Wire (wire products), Bright Bar in round/square/hex shapes, Angles & Channel (structural products), Flats, Rebars (construction-grade reinforcement), and Billet/Bloom/Slab (semi-finished steel). All products are available in austenitic (200, 300 series), ferritic (400 series), and martensitic grades. The company exports to Europe and global markets, serving clients including NTPC, BHEL, and Indian Railways.

Differentiator

Problem solved

Functional benefit

Products and services

• HR Coils Hot Rolled Coils produced for industrial buyers needing strength and workability in widths up to 1500mm and thicknesses 2mm–10mm, available in No.1/HRAP and HR Black finishes.
• CR Coils Cold Rolled Coils supplied to industries requiring precise thickness tolerances, with widths up to 1250mm and thicknesses 0.4mm–2mm in BA, 2B, and No.4 finishes.
• Plates Hot Rolled Stainless Steel Plates up to 2 meters wide, 12 meters long, and 120mm thick for heavy industrial applications including power generation, railway, and infrastructure.
• Wire Rods Hot Rolled or Hot Rolled Annealed and Pickled stainless steel wire rods in 5.5mm–28mm sizes across 200, 300, and 400 series grades.
• Wire & Fine Wire Stainless steel standard wire (1.2mm–8mm) and fine wire (0.2mm–0.7mm) available in Soft Annealed, Bright Hard Drawn, and full hard supply conditions.
• Bright Bar (Round, Square, Hex) Stainless steel bright bars in round, square, and hexagonal shapes in Hot Rolled, Cold Drawn, Peeled, and Centerless Ground supply conditions for machining and industrial components.
• Angles & Channel Stainless steel angles and channels in Fe-415, 500, and 550 grades per IS 1785-1786 ISI specifications, sized 8mm–75mm for structural and construction applications.
• Flats Stainless steel flat products with cross sections 750–3500 mm², widths up to 190mm, lengths of 6 meters or custom, available in 200, 300, and 400 series grades.
• Rebars Stainless steel rebars (grade 410L per IS16651-2017) in 8mm–32mm diameters, 12m length or coil form, with pickled surface finish for corrosion-resistant construction reinforcement.
• Billet/Bloom/Slab Semi-finished stainless steel products including Billets, Blooms, and Slabs in all AISI 200, 300, and 400 series grades, supplied for further industrial processing.

Quantifiable outcome

• 2-meter-wide stainless steel plates - unique capability in India
• +3 more outcomes

Named customers3 records

Segments6 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 indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Jindal Stainless: India's largest stainless steel manufacturer producing a comparable portfolio of coils, plates, bars, and wire rods across austenitic, ferritic, and martensitic grades. Rimjhim competes with Jindal Stainless across most product categories domestically and in export markets.
• Viraj Profiles: Indian stainless steel long products manufacturer (wire rods, bars, bright bars, profiles). Directly comparable in the stainless long products segment where Rimjhim also competes with wire rod, bright bar, and wire offerings.
• Shah Alloys: Gujarat-based integrated stainless steel producer of flat and long products including coils and plates. Competes with Rimjhim in the Indian stainless steel mid-market for HR/CR coils and plates.
• Mukand Ltd: Indian integrated steel maker with stainless steel long products, wire rods, and bars. Comparable in stainless long products and wire rod categories where Rimjhim also has significant manufacturing presence.

Broad incumbents

• Salem Steel Plant (SAIL): Steel Authority of India's specialty stainless steel division producing HR/CR coils and plates. Operates as a much larger state-owned incumbent across multiple steel categories, overlapping with Rimjhim's flat-product portfolio.
• Acerinox: Global stainless steel manufacturer with European production footprint. Relevant competitor for Rimjhim's export ambitions into Europe, particularly in flat products and plates.
• Outokumpu: European-headquartered global stainless steel leader across coils, plates, and long products. Competes with Rimjhim in export markets for stainless flat products and serves similar oil & gas and industrial end-markets.
• Tata Steel (Stainless Steel Division): Tata Steel's specialty stainless operations produce coils and plates comparable to Rimjhim's portfolio. Operates as a much larger incumbent with broader geographic reach and stronger brand recognition.

Regional players

• Sunflag Iron & Steel: Indian specialty steel producer focused on alloy and stainless long products including bars and wire rods. Comparable product mix in the Indian domestic long-products stainless market.

Others

• BRG Iron & Steel: Acquired by Rimjhim Ispat in December 2021, BRG Iron & Steel provides context as an acquired comparable in Indian steel. Listed here as a transaction reference rather than an active competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/rimjhim_ispat
• LinkedInlinkedin.com/company/rimjhim-ispat-ltd.

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about Rimjhim Ispat