What Kisco does

Kisco Castings India Ltd is an Indian specialty steel manufacturer founded in 1992 and headquartered in Mandi Gobindgarh, Punjab. The company produces alloy, stainless, tool, and die steel products from a 450,000 square foot manufacturing facility, with a Steel Melting Division rated at 24,000 metric tonnes per annum. Kisco employs more than 450 people and serves customers across aerospace and defence, oil and gas, power generation, mining and engineering, railways, automotive, and steel rolling mills. Its product portfolio includes steel round bars, square and flat bars, forged bars and rings, ingots, die blocks, bright bars, tool steels, and RCS/hex bars.

The company's technical capabilities center on Vacuum Oxygen Decarburization (VOD) for clean steel production, open die forging, in-house heat treatment, and a continuous casting machine supplied by Primetals UK and commissioned in 2022. Kisco holds an extensive certification stack relevant to safety-critical end markets: ISO 9001 (since 2001), ISO 14001, ISO 45001, ISO 50001, PED 2014/68/EU for European pressure equipment, BIS, IBR for boilers, AS9100 for aerospace quality management, NABL accreditation, and Lloyd's Register Works Approval. Green Steel Certification was obtained in 2025 to align with sustainability procurement mandates.

Kisco operates a B2B direct sales model with batch-based minimum order quantities of 8,000-20,000 kg. The company exports to more than 29 countries across five continents and supplies 49-plus multinational corporations, including Sandvik Asia, Seco Tools, Sandvik Mining, SAIL, RINL, SKS, Vandana, Galwalia, and Skipper. The company is family-owned, led by Chairman Kuldeep Goel and Managing Director Raghav Goel, with international commercial reach supported by a sales office in Sheffield, UK, and a US subsidiary, Kisco Global LLC.

Name

Kisco

Legal name

Kisco Castings India Ltd

Website

https://kiscosteel.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

101–250 employees

Short description

Kisco Castings India Ltd is a Punjab-based specialty steel manufacturer founded in 1992, producing alloy, stainless, tool, and die steel for aerospace, mining, oil and gas, and industrial customers across 29+ countries and 49+ multinational clients.

Ownership category

akta.pro rank

Product category

Alloy Steel Manufacturing

NAICS

Steel Foundries (except Investment) (331513), Foundries (3315)

SIC

Iron & Steel Foundries (3320), Metal Forgings & Stampings (3460)

akta.pro primary industry

Specialty & Alloy Steel (Stainless, Tool Steel, Electrical Steel, High-Strength/HSLA) (IMAKABAJ)

akta.pro secondary industries

Steel Casting (Continuous Casting, Ingots, Semi-Finished Slabs/Billets/Blooms) (IMAKABAD), Hot Rolling & Primary Mills (Plate, Hot-Rolled Coil/Sheet, Strip) (IMAKABAE), Industrial Furnaces, Kilns & Thermal Processing Equipment (IMAHAEAE)

Keywords

• Alloy steel manufacturing
• Tool steel bars
• Forged steel products
• Steel die blocks
• Bright bar production

Headquarters

HQ city

Mandi Dabwali

HQ country

India

HQ region

Asia

Offices12 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. Steel Products Sales: Kisco generates revenue primarily through the sale of manufactured steel products including round bars, square/flat bars, forged bars and rings, ingots, die blocks, bright bars, and tool steels. Revenue is derived from batch orders with typical MOQ of 10MT, sold directly to industrial customers globally.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Kisco Castings India Ltd is an integrated alloy steel manufacturer that produces carbon, alloy, stainless, tool and die steel products including round bars, square and flat bars, forged bars and rings, ingots, die blocks, bright bars, tool steels and RCS/HEX bars. The company operates an in-house Steel Melting Division with Electric Melting Furnace, Ladle Refining Furnace, VOD and continuous casting, followed by rolling, forging, machining and heat treatment capabilities to deliver custom grades meeting EN, SAE, ASTM, DIN and GOST specifications for industrial customers.

Product overview

Kisco Castings India Ltd is a specialized alloy steel manufacturer offering a comprehensive portfolio of steel products including Steel Round Bars, Square and Flat Bars, Forged Bars and Rings, Ingots, Die Blocks, Bright Bars, Tool Steels, and RCS/HEX Bars. The company operates as a fully integrated steel manufacturer with in-house steel melting, rolling, forging, machining, and heat treatment capabilities, serving customers across 29+ countries in industries including aerospace, oil & gas, power generation, mining, railways, defense, and engineering goods.

Differentiator

Problem solved

Functional benefit

Products and services

• Steel Round Bars Precision-engineered steel and alloy round bars available in carbon steel, alloy steel, stainless steel and tool steel grades with multiple heat treatment options including annealing, normalizing, stress relieving, quenching and tempering, and spheroidizing annealing, for industrial customers across aerospace, defence, oil & gas, power, mining and engineering sectors.
• Square and Flat Bars Steel square and flat bars manufactured in carbon steel, alloy steel, stainless steel, and tool & die steel grades, precisely straightened to eliminate bends, with sizes up to 55mm square, 160mm round-cornered square, and flats from 4mm to 65mm thickness and 30mm to 450mm width.
• Forged Bars and Rings Hot forged round bars, flats, step shafts and rings produced from premium-quality ingots through advanced hot forging with heat treatment including spheroidised annealing and hardening & tempering, available in sizes 140mm to 600mm for industrial customers.
• Ingots Premium quality alloy steel forging ingots produced using the bottom-pouring method with hot tops and vacuum degassing, available in sizes from 250x300mm to 800x900mm with single piece weights from 800kg to 9000kg.
• Die Blocks Hot die steels and die blocks manufactured per DIN 1.2714/DB6 international specifications, designed for extreme mechanical and thermal stresses in die-casting, forging and hot stamping applications, with a 0% rejection quality standard.
• Bright Bars High-quality bright steel bars processed using peeling, reeling, cold drawing and proof machining with MPI testing and crystal clean surface finishes, available in sizes from 30mm to 650mm diameter, with a 10 MT MOQ.
• Tool Steels High-strength tool steel bars designed for cutting tools, dies and molds, alloyed with chromium, vanadium and molybdenum, available in grades including DIN 1.2343/H11, DIN 1.2344/H13, 51CrV4 and EN-31/52100/90Cr8.
• RCS and HEX Bars Alloy steel casted rolls and reels for TMT mills, structural mills, paper mills and bar mills, available with proof machining or CNC finish machining, in sizes 150mm to 800mm and weights from 100kg to 14,000kg single piece.

Quantifiable outcome

• Phosphorus content as low as 0.015% achieved through VOD technology
• +3 more outcomes

Named customers9 records

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• Primetals UK (Concast India)coreTechnology or Integration · 10 August 2022Primetals UK supplied a state-of-the-art closed continuous casting machine equipped with Electro Magnetic Stirring (EMS) technology. This partnership enables Kisco to produce very clean steel that continuously goes through the casting machine without any contact with air or refractory materials.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Others

• Sandvik AB: Swedish global engineering group with a materials technology division producing tool steel and wear-resistant materials. Comparable as both an indirect competitor and a Kisco customer (Sandvik Asia, Sandvik Mining are listed customers).

Direct peers

• ISMT Limited: Indian specialty steel manufacturer producing alloy steel, carbon steel, and seamless tubes for automotive, energy, and engineering applications. Comparable as a mid-sized Indian specialty steel player with similar export orientation.
• Villares Metals: Brazilian specialty steel producer of tool steel, high-speed steel, and special alloys for automotive, oil & gas, and industrial applications. Comparable as a regional specialty steel mill competing in similar export markets.
• Carpenter Technology Corporation: US-based global specialty alloy producer of high-performance alloys including tool steel, stainless, and titanium for aerospace, defense, medical, and energy markets. Comparable on premium specialty alloy positioning and aerospace/defense customer base.
• Vardhman Special Steels: Indian specialty alloy steel manufacturer producing alloy steel billets, round bars, and forged components serving automotive, engineering, and industrial customers. Most direct comparable in product mix, customer base, and Indian mid-cap specialty positioning, though materially larger in capacity.
• Daido Steel: Japanese specialty steel manufacturer producing tool steel, stainless steel, and high-alloy products for automotive, industrial machinery, and aerospace customers. Comparable on specialty steel grade portfolio and export-driven model.
• Aarti Steels: Indian alloy and special steel manufacturer producing ingots, billets, and rolled products for industrial applications. Comparable as a smaller-scale Indian alloy steel competitor with similar melting-casting-rolling integration.
• Mukand Limited: Indian specialty steel producer of alloy and stainless steel long products for automotive, power, and engineering sectors. Comparable as a domestic alloy steel competitor with similar customer verticals.
• Sunflag Iron & Steel Company: Indian integrated specialty steel producer manufacturing alloy steel, stainless steel, and tool steel products for automotive, defense, and industrial applications. Closely comparable in alloy/tool steel focus and Indian manufacturing footprint.

Broad incumbents

• Voestalpine (Bohler-Uddeholm): Austrian-headquartered global specialty steel group with a dedicated high-performance tool steel and specialty alloys division (Bohler-Uddeholm). Comparable on tool steel and specialty alloys, though operating at far larger scale and broader portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/indiakisco
• Facebookfacebook.com/kiscosteel
• LinkedInlinkedin.com/company/kiscosteel

Compliance14 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 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 Kisco