Swastik Pipes

What Swastik Pipes does

Swastik Pipe Limited is an Indian steel pipe manufacturer and exporter incorporated in 1973 and headquartered in Delhi. It manufactures ERW (Electric Resistance Welded) black and galvanized mild-steel and carbon-steel pipes and tubes (15mm to 300mm NB), API 5L line pipes for oil and gas, CRCA coils and sheets, swage tubular poles for power and telecom infrastructure, precision tubes, and fabricated products including solar module mounting structures and metal beam crash barriers. Manufacturing is carried out at two plants — Unit-1 in Bahadurgarh, Haryana (125,000 MT pipe and 100,000 MT CR coil capacity) and Unit-2 in Kotwan, Kosi Kalan, Uttar Pradesh (100,000 MT pipe capacity) — supported by automatic temperature-controlled welding, continuous hot-dip galvanizing, and tension leveling lines.

The company's primary customers are large Indian public-sector undertakings and enterprises including NTPC, ONGC, Indian Oil, BPCL, HPCL, BHEL, Indian Railways, DMRC, Power Grid, GAIL, Coal India, L&T, ABB, BSNL, EIL, and Reliance Industries, with exports distributed through overseas agents and buying agents to more than 40 countries. Revenue is generated through direct B2B sales of steel pipe, coil, sheet, pole, tube, and fabricated hardware at undisclosed unit pricing, with stated annual turnover of approximately INR 6,030 million and Government of India Recognized Export House status.

The business model is anchored by enterprise field sales to government and corporate buyers supported by a 14-location branch and distributor network across India, multi-year vendor approvals (ISO 9001:2008, ISO 14001, ISO 45001, APIQ1, UL, EN 10219, EN 10255, and multiple BIS specifications), and third-party inspection registrations with SGS, DNV, BVQI, and TUV. In October 2022 the company completed an IPO on Indian markets, transitioning from private to public-listed ownership.

Name

Swastik Pipes

Legal name

Swastik Pipe Limited

Website

https://swastikpipes.com

Company type

Public

Founded year

1973

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Swastik Pipe Limited, founded in 1973 in Delhi, is an Indian ERW steel pipe and tube manufacturer serving PSU and enterprise customers across oil and gas, power, telecom, railways, and construction, with two plants and exports to 40-plus countries.

Ownership category

akta.pro rank

Product category

Steel Pipes and Tubes

NAICS

Iron and Steel Pipe and Tube Manufacturing from Purchased Steel (33121), Fabricated Pipe and Pipe Fitting Manufacturing (332996), Iron and Steel Pipe and Tube Manufacturing from Purchased Steel (331210)

SIC

Steel Pipe & Tubes (3317), Steel Works, Blast Furnaces & Rolling & Finishing Mills (3310), Fabricated Plate Work (Boiler Shops) (3443)

akta.pro industry

PRIMARYIMAKABAI

Pipe & Tube Manufacturing (Seamless & Welded OCTG/Line Pipe/Structural Tube)

Industrials, Manufacturing & Construction/Metals & Mining/Steel Production & Processing

SECONDARYIMADALAC

Pipes & Tubing (Metal, Plastic & Composite)

Industrials, Manufacturing & Construction/Building Materials & Products/Plumbing Fixtures & Piping Products

SECONDARYIMADACAL

Bridge & Infrastructure Steel Components

Industrials, Manufacturing & Construction/Building Materials & Products/Structural Steel & Metal Building Products

Keywords

• Steel pipe manufacturing
• ERW steel tubes
• Galvanized steel pipes
• Structural steel sections
• API line pipes

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices15 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Steel Pipe and Tube Sales: Manufacturing and sale of ERW Black and Galvanized Steel Pipes and Tubes, ranging from 15mm NB to 300mm NB with installed capacity of 240,000 MT per annum.
2. Structural Steel Products: ERW Section Pipes (Round Hollow Sections and Square Hollow Sections), tubular poles, scaffolding pipes.
3. CRCA Coil and Sheet Sales: Cold Rolled Closed Annealed coils and sheets, width ranging from 14mm to 1250mm with thickness 0.20mm to 5.0mm, installed capacity of 100,000 MT per annum.
4. Precision Tubes: Precision tubes for automotive, heat exchangers, petroleum industry, construction, and electrical conduit applications.
5. Fabrication Products: Pre-fabricated galvanized items including lattice structures for power sub stations, solar module mounting structures, metal beam crash barriers, and scaffolding.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Swastik Pipe Limited manufactures and exports Mild Steel and Carbon Steel ERW (Electric Resistance Welded) Black and Galvanized Pipes and Tubes under the TT Swastik brand, ranging from 15mm NB to 300mm NB with an installed capacity of 240,000 MT per annum. The company also manufactures API 5L line pipes, swage tubular poles, CRCA coils and sheets, precision tubes, and fabricated products such as solar mounting structures, highway crash barriers, and scaffolding. Production is carried out at two manufacturing units in Bahadurgarh (Haryana) and Kotwan, Kosi Kalan (Uttar Pradesh).

Product overview

Swastik Pipe Limited is a manufacturer and exporter of steel products since 1973, operating under the TT Swastik brand. The company's product portfolio is organized as a multi-category steel manufacturing business comprising ERW Black and Galvanized Pipes and Tubes (including Galvanized Steel Pipes, MS ERW Pipes, HRS & RHS Hollow Sections, and Galvanized Steel Conduit), Swage Tubular Poles for power and telecom infrastructure, CRCA Coil & Sheet products for further processing, Precision Tubes for industrial applications, and Fabrication products including Solar Module Mounting Structures, Metal Beam Crash Barriers, Scaffolding, and Power Sub Station Lattice Structures. The company also manufactures API 5L Line Pipes for oil, gas, and petroleum transportation. Products are manufactured at facilities in Bahadurgarh, Haryana (Unit-1) and Kotwan, Kosi Kalan, Mathura in Uttar Pradesh (Unit-2) with a combined installed capacity exceeding 350,000 MT per annum.

Differentiator

Problem solved

Functional benefit

Products and services

• Galvanized Steel Pipe
• MS ERW Pipe
• HRS & RHS (Hollow Structural Sections)
• Galvanized Steel Conduit
• Swage Tubular Pole
• CRCA Coil & Sheet
• Precision Tubes
• API 5L Line Pipes
• Solar Module Mounting Structure
• Metal Beam Crash Barrier
• Scaffolding
• Lattice Structure for Power Sub Station

Quantifiable outcome

• Installed capacity of 240,000 MT per annum for steel pipes and tubes
• +2 more outcomes

Named customers15 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

Feature4 records

Scale indicators8 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• JSW Steel: One of India's largest steel producers with extensive tube and pipe product lines. Competes broadly with Swastik on structural tubes and infrastructure-grade pipes through scale advantages.
• Tata Steel: Integrated steel major with downstream pipe and tube operations serving oil & gas, construction, and infrastructure. A much larger incumbent that competes on large PSU tenders where Swastik also bids.
• Jindal Steel & Power: Large integrated steel and pipe producer with line pipe capability and broad infrastructure exposure. Competes for oil & gas and structural steel tube orders in the same PSU channels as Swastik.

Direct peers

• Goodluck India: Manufactures ERW steel pipes, galvanized tubes, hollow sections, and structural tubes. Overlaps with Swastik's product range and serves similar industrial and infrastructure end-markets in India.
• APL Apollo Tubes: India's largest producer of structural steel tubes (RHS/SHS/channels), directly competing with Swastik's hollow structural sections and structural steel tube franchise across construction and infrastructure.
• Maharashtra Seamless (part of ONGC group): Producer of seamless and ERW pipes for oil & gas, power, and process industries. Comparable in API and high-grade pipe capability serving PSUs and engineering clients.
• Surya Roshni: Manufactures ERW steel pipes and tubes, GI pipes, and structural hollow sections — overlapping product mix with Swastik in water, gas, and structural applications. Competes for similar dealer and project channels across India.
• Welspun Corp: One of India's largest welded steel pipe manufacturers, supplying line pipes (API 5L), HSAW, and structural tubes to oil & gas and water sectors globally. Closest direct peer to Swastik on ERW/API line pipe product lines and PSU customer base.
• Ratnamani Metals & Tubes: Manufacturer of stainless steel and carbon steel pipes and tubes including API line pipes for oil & gas, heat exchangers, and process industries. Direct overlap with Swastik's API 5L line pipe and precision tube categories.

Others

• Steel Authority of India Limited (SAIL): India's largest state-owned steelmaker and a key HR coil supplier to Swastik. While primarily a raw-material supplier rather than a direct pipe competitor in the same grade range, SAIL's downstream pipe products place it in adjacent competition for some government orders.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/swastikpipePvtLtd
• LinkedInin.linkedin.com/company/swastik-pipe-limited
• Instagraminstagram.com/swastikpipe

Compliance17 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Swastik Pipes