Agni Steels
- Company typePrivate
- Founded1989
- HeadquartersErode, India
- Headcount501–1,000
- GTM typeB2B
- OfferingHardware or Manufacturing
Agni Steels firmographics
Firmographics- Name
- Agni Steels
- Legal name
- Agni Steels Private Limited
- Website
- https://agnisteels.com
- Company type
- Private
- Founded year
- 1989
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Ownership category
- akta.pro rank
Agni Steels industry classification
Industry- Product category
- Steel Manufacturing
- NAICS
- Iron and Steel Mills and Ferroalloy Manufacturing (3311)
- SIC
- Steel Works, Blast Furnaces & Rolling & Finishing Mills (3310)
- akta.pro primary industry
- Hot Rolling & Primary Mills (Plate, Hot-Rolled Coil/Sheet, Strip) (IMAKABAE)
- akta.pro secondary industries
- Integrated Steelmaking (BF-BOF) (IMAKABAA), Specialty & Alloy Steel (Stainless, Tool Steel, Electrical Steel, High-Strength/HSLA) (IMAKABAJ)
Keywords
Where Agni Steels is headquartered
LocationHeadquarters
- HQ city
- Erode
- HQ country
- India
- HQ region
- Asia
Offices3 records
Markets served
Agni Steels business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D
Revenue model
- TMT Steel Bars Sales: Revenue from manufacturing and selling Fe 550D grade TMT steel bars in various sizes (6mm to 32mm). Products sold through dealer network across South India.
- Billets Sales: Semi-finished steel products (billets) sold to other manufacturers or used internally for TMT bar production.
- Sponge Iron Sales: Sponge iron products sold to other steel manufacturers or used as raw material in company's own steel production.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Fe550D 8mm TMT Bars |
| Unit Pricing | Pay-as-you-go | Fe550D 10mm TMT Bars |
| Unit Pricing | Pay-as-you-go | Fe550D 12mm TMT Bars |
| Unit Pricing | Pay-as-you-go | Fe550D 16mm TMT Bars |
| Unit Pricing | Pay-as-you-go | 10mm & 12mm TMT Bars |
| Unit Pricing | Pay-as-you-go | 16mm & 20mm TMT Bars |
| Unit Pricing | Pay-as-you-go | 25mm & 32mm TMT Bars |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Agni Steels product offering
Product offeringCore offering
Agni Steels manufactures and sells Thermo-Mechanically Treated (TMT) steel reinforcement bars in Fe 550D grade, steel billets, and sponge iron. The company runs integrated steel-making operations from its facilities in Perundurai and Erode in Tamil Nadu, India, with an additional manufacturing presence in Port Elizabeth, South Africa. Its products serve construction, infrastructure, and industrial customers requiring BIS-certified reinforcement steel (IS 1786:2008).
Product overview
Agni Steels is a steel manufacturing company producing a vertically integrated product portfolio spanning from raw materials to finished steel products. The core offerings include Fe 550D Grade TMT bars (primary consumer product for construction reinforcement), Billets (intermediate steel product for further processing), and Sponge Iron (in-house raw material for steelmaking). The manufacturing operations include a Steel Casting Unit, Steel Melting Division, Sponge Iron Manufacturing Unit, and Billet Manufacturing Unit, all located in Perundurai, Tamil Nadu, with an additional automated steel plant in Port Elizabeth, South Africa established in 2013.
Differentiator
Problem solved
Functional benefit
Products and services
- Fe 550D Grade TMT Bars
Quantifiable outcome
- 20,000 tons of billet production capacity per month at South Africa facility
- +2 more outcomes
Companies that use Agni Steels
Customer profileSegments4 records
Ideal customer profiles2 records
Agni Steels technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Agni Steels partnerships and signals
Strategic signalScale indicators3 records
Recent moves7 records
Expansion highlights5 records
Agni Steels competitors and assessment
Company assessmentBroad incumbents
- Vizag Steel (Rashtriya Ispat Nigam Limited): Public-sector integrated steel producer based in Visakhapatnam with a TMT bar product line. Comparable as a producer of BIS-certified reinforcement bars competing for government infrastructure and construction contracts across India.
- JSW Steel: One of India's largest integrated steel manufacturers with a substantial TMT bar portfolio (JSW NeoSteel) sold through a pan-India dealer network. Directly comparable in TMT bar manufacturing technology and end-market focus, but operates at materially greater scale with national distribution.
- Tata Steel: India's largest private-sector steel producer and a major manufacturer of TMT reinforcement bars under the Tata Tiscon brand. Competes with Agni in construction rebar and shares the same end markets across India, though at significantly larger scale and broader product portfolio.
- Steel Authority of India Limited (SAIL): India's largest public-sector steel producer and a major supplier of TMT bars (SAIL SeQR) for government infrastructure projects. Competes in the same BIS-certified reinforcement steel category as Agni and is a frequent competitor in government procurement tenders.
- Jindal Steel & Power: Major Indian integrated steel producer with a significant TMT bar and structurals portfolio. Competes in the same construction rebar category and shares procurement scale advantages that mid-sized players like Agni lack.
Emerging players
- APL Apollo Tubes: India's largest structural steel tube manufacturer with a growing presence in construction-grade steel products. Adjacent competitor in the steel construction materials space with overlapping dealer networks and customer segments.
Direct peers
- Kamdhenu Limited: Indian manufacturer of TMT bars (Kamdhenu TMT) and structural steel products, with a franchise-based dealer distribution model across India. Closely comparable in product focus, target market (residential and commercial construction), and mid-sized manufacturing scale.
- Shyam Steel: An Indian steel manufacturer focused on TMT reinforcement bars under the Shyam TMT brand, with a comparable target customer base of construction contractors and dealers. Shyam is one of the closest direct competitors in the mid-sized TMT bar segment where Agni competes.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Agni Steels social profiles
Digital presenceAgni Steels compliance and trust
Trust signalCompliance1 record
Agni Steels financial estimates
Financial estimateRevenue estimate
Valuation estimate
Agni Steels leadership team
Management profileNumber of profiles
Agni Steels subsidiaries and ownership
Company hierarchySubsidiaries5 records
Agni Steels funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Agni Steels M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Agni Steels
What does Agni Steels do?
Agni Steels manufactures and sells Thermo-Mechanically Treated (TMT) steel reinforcement bars in Fe 550D grade, steel billets, and sponge iron. The company runs integrated steel-making operations from its facilities in Perundurai and Erode in Tamil Nadu, India, with an additional manufacturing presence in Port Elizabeth, South Africa. Its products serve construction, infrastructure, and industrial customers requiring BIS-certified reinforcement steel (IS 1786:2008).
Is Agni Steels a public or private company?
Agni Steels is a private company. It is classified as unknown and is currently operating.
When was Agni Steels founded?
Agni Steels was founded in 1989. It employs 501 to 1,000 people.
Where is Agni Steels based?
Agni Steels is headquartered in Erode, India, in the Asia region.
How does Agni Steels make money?
Three revenue lines are on record. TMT Steel Bars Sales are the primary driver. The others are billets Sales and sponge Iron Sales.
Who are Agni Steels's main competitors?
Broad incumbents on record are Vizag Steel (Rashtriya Ispat Nigam Limited), JSW Steel, Tata Steel, Steel Authority of India Limited (SAIL) and Jindal Steel & Power. APL Apollo Tubes is listed as an emerging player. Direct peers are Kamdhenu Limited and Shyam Steel.
Does Agni Steels have an API?
No public API is recorded for Agni Steels.
What industry is Agni Steels in?
Agni Steels's product category is Steel Manufacturing. Its primary akta.pro industry code is IMAKABAE, Hot Rolling & Primary Mills (Plate, Hot-Rolled Coil/Sheet, Strip), with a secondary code of IMAKABAA, Integrated Steelmaking (BF-BOF). Its NAICS code is 3311 and its SIC code is 3310.