Arjas Steel

Specialty Steel Manufacturingarjas.com

Arjas Steel is an India-based integrated specialty steel manufacturer, now a ~99% subsidiary of SMIORE following its November 2024 acquisition, supplying value-added steel to the automotive, defence, railways, energy, and export sectors.

Company typePrivate
Founded1960
HeadquartersBengaluru, India
Headcount251–500
GTM typeB2B
OfferingHardware or Manufacturing

Arjas Steel firmographics

Firmographics

Name: Arjas Steel
Legal name: Arjas Steel
Website: https://arjas.com
Company type: Private
Founded year: 1960
Operating status: Acquired
Headcount range: 251–500 employees
Short description: Arjas Steel is an India-based integrated specialty steel manufacturer, now a ~99% subsidiary of SMIORE following its November 2024 acquisition, supplying value-added steel to the automotive, defence, railways, energy, and export sectors.
Ownership category
akta.pro rank

Arjas Steel industry classification

Industry

Product category: Specialty Steel Manufacturing
NAICS: Iron and Steel Mills and Ferroalloy Manufacturing (331110), Primary Metal Manufacturing (331)
SIC: Miscellaneous Primary Metal Products (3390)
akta.pro primary industry: Specialty & Alloy Steel (Stainless, Tool Steel, Electrical Steel, High-Strength/HSLA) (IMAKABAJ)
akta.pro secondary industry: Integrated Steelmaking (BF-BOF) (IMAKABAA)

Keywords

Specialty steel manufacturing
Integrated steel plant
Automotive grade steel
Defence steel products
Railway steel supply

Where Arjas Steel is headquartered

Location

Headquarters

HQ city: Bengaluru
HQ country: India
HQ region: Asia

Markets served

Arjas Steel business model

Business model

GTM type: B2B
Offering type: Hardware or Manufacturing
Cost components: Supply Chain, Operations, Personnel, Infrastructure

Arjas Steel product offering

Product offering

Core offering

Arjas Steel operates as an integrated steel plant manufacturing specialty steel products for industrial sectors including automotive, defence, railways, energy, and exports. The company supplies grade-specific steel tailored to the engineering requirements of original equipment manufacturers and infrastructure builders. Following its acquisition by SMIORE in November 2024, the business is positioned as part of an integrated metals and mining value chain from manganese and iron ore mining through finished specialty steel.

Differentiator

Problem solved

Functional benefit

Companies that use Arjas Steel

Customer profile

Segments5 records

Ideal customer profiles1 record

Arjas Steel technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Arjas Steel partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

Sandur Manganese & Iron Ores Limited (SMIORE)coreStrategic or Co-development Partner · 11 November 2024SMIORE completed strategic acquisition of Arjas Steel on 11 November 2024, acquiring approximately 99% equity ownership. The transaction has an enterprise value of around ₹3,000 crore and equity value of ₹2,000 crore. Arjas Steel becomes a material subsidiary of SMIORE, advancing SMIORE's strategy to transform from a mining company into an integrated metals and mining entity.

Scale indicators3 records

Arjas Steel competitors and assessment

Company assessment

Direct peers

Tata Steel: Major Indian integrated steel producer supplying automotive, construction, and industrial segments including specialty grades. Direct competitor to Arjas in automotive and infrastructure-grade steel.
Steel Authority of India Limited (SAIL): Public-sector Indian steel major with extensive specialty steel capacity serving railways, defence, and infrastructure. Directly comparable to Arjas across multiple primary customer segments.
Sunflag Iron & Steel: Indian specialty steel producer serving automotive, railways, and engineering sectors. Mid-sized specialty player comparable to Arjas in scale and product focus.
JSW Steel: India's largest steel producer with a significant specialty and value-added steel portfolio serving automotive and infrastructure customers. Comparable to Arjas in end-market exposure and product mix, though at materially larger scale.
Mahindra Sanyo Special Steel: Specialty steel manufacturer focused on clean steel for automotive, bearings, and engineering applications. Closest direct competitor to Arjas in specialty steel end-uses.
Jindal Steel & Power: Indian integrated steel producer with diversified end-market exposure including rails, infrastructure, and energy. Operates in similar specialty and structural steel categories as Arjas.
Rashtriya Ispat Nigam Limited (RINL): Public-sector integrated steel producer supplying specialty steel to railways, defence, and infrastructure — directly overlapping Arjas' primary segments.

Emerging players

Kalyani Steels: Specialty steel manufacturer focused on automotive and engineering applications. Comparable to Arjas in product mix though smaller in scale and narrower in sector exposure.

Others

Sandur Manganese & Iron Ores Limited (SMIORE): Parent company and acquirer of Arjas Steel; integrated upstream miner with manganese and iron ore assets. Comparable as a vertical-integration counterparty rather than a direct competitor.

Broad incumbents

Voestalpine: Global specialty steel leader with high-end automotive, railway, and tool steel products. Comparable to Arjas on product sophistication but at vastly larger international scale.

Market position

Customer concentration

Arjas Steel financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Arjas Steel leadership team

Management profile

Number of profiles

Arjas Steel funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

Arjas Steel M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about Arjas Steel

What does Arjas Steel do?

Is Arjas Steel a public or private company?

Arjas Steel is a private company. It is classified as corporate owned and is currently acquired.

When was Arjas Steel founded?

Arjas Steel was founded in 1960. It employs 251 to 500 people.

Where is Arjas Steel based?

Arjas Steel is headquartered in Bengaluru, India, in the Asia region.

Who are Arjas Steel's main competitors?

Direct peers on record are Tata Steel, Steel Authority of India Limited (SAIL), Sunflag Iron & Steel, JSW Steel, Mahindra Sanyo Special Steel, Jindal Steel & Power and Rashtriya Ispat Nigam Limited (RINL). Kalyani Steels is listed as an emerging player. Sandur Manganese & Iron Ores Limited (SMIORE) is listed as an others. Voestalpine is listed as a broad incumbent.

Does Arjas Steel have an API?

No public API is recorded for Arjas Steel.

What industry is Arjas Steel in?

Arjas Steel's product category is Specialty Steel Manufacturing. Its primary akta.pro industry code is IMAKABAJ, Specialty & Alloy Steel (Stainless, Tool Steel, Electrical Steel, High-Strength/HSLA), with a secondary code of IMAKABAA, Integrated Steelmaking (BF-BOF). Its NAICS code is 331110 and its SIC code is 3390.