Parikh Steel

Name

Parikh Steel

Legal name

Parikh Steel

Website

https://parikhsteel.com

Company type

Private

Founded year

1942

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Steel Trading and Distribution

NAICS

Cutting Tool and Machine Tool Accessory Manufacturing (333515), Iron and Steel Pipe and Tube Manufacturing from Purchased Steel (331210)

SIC

Metalworkg Machinery & Equipment (3540), Machine Tools, Metal Cutting Types (3541), Steel Pipe & Tubes (3317)

akta.pro primary industry

Sheet Metal Machinery (Laser/Plasma/Waterjet Cutting, Punching) (IMAHADAD)

Keywords

• Steel import export
• Tubular products trading
• Oilfield equipment supply
• Robotic plasma cutting
• Steel agency house

Headquarters

HQ city

Kolkata

HQ country

India

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales

Revenue model

1. Steel Import/Export Trading: Parikh Steel acts as an agency house earning margins from import and export of steel, tubular products, and oilfield equipment. They represent leading manufacturers and work with major Indian steel producers for export while also importing steel products for Indian customers.

Go-to-market motion2 records

Distribution channels1 record

Core offering

Parikh Steel is an India-based agency house that imports, exports, and supplies steel, tubular products, and oilfield equipment, representing leading global manufacturers and major Indian steel producers (SAIL, Jindal, JSW). In addition to its trading business, the company distributes the proprietary RoboPlazma line of robotic plasma cutting systems for steel plate, beam, pipe, and hot plate processing applications used in construction, automotive, and heavy industry.

Product overview

Parikh Steel operates as a steel trading company (import/export) with over 50 years of experience in steel, tubular products, and oilfield equipment. The company offers two distinct portfolios: (1) Steel Trading - import and export of flat products (plates, HR coils, CR coils, galvanized coils), semi-products (billets, blooms, slabs), long products (deformed bars, wire rods, angles), special steels, tubular products, and raw materials (coking coal, metallurgical coke, iron ore); (2) RoboPlazma Product Line - a proprietary range of robotic plasma cutting systems developed in partnership with Plazma Technologies, including the Plate & Beam System, Beam System, Fixed Base Robot, Hot Plate Cutting, Large Plate Processing, CNC Plasma Cutting, Trolley Cutting, and Hand Cutting systems, all powered by the RoboSwift Software platform.

Differentiator

Problem solved

Functional benefit

Brands

• RoboPlazma: World's first and only plate and beam plasma cutting system, developed by Plazma Technologies Pvt. Ltd., offered through Parikh Steel. Includes various models for 2D and 3D cutting, plate processing, beam systems, and fixed base robots.

Products and services

• Export Steel Products Export portfolio of Indian steel products including flat products (plates, HR coils, CR coils, galvanized coils, pre-painted coils), semi-products (billets, blooms), and tubular products (black/galvanized welded pipes, ERW pipes, seamless pipes) sourced from Indian mills and supplied to overseas customers.
• Import Steel Products Import portfolio for the Indian market including semi-products (slabs, blooms, billets), flat products (HR coils, CR coils, plates), long products (deformed bars, wire rods, angles), and special steels (bars, wires, strips, shapes and profiles) sourced from international producers.
• Raw Materials Trading Trading of raw materials including coking coal, metallurgical coke, anthracite coal, steam coal, iron ore and pellets, HBI (Hot Briquetted Iron), and manganese ore, supplied to steel manufacturers.
• RoboPlazma Plate & Beam System Robotic plasma cutting system that combines band sawing, drilling, coping, notching, slotting, pipe and tube cutting, marking, and CNC plate cutting in a single machine for steel processors and fabricators.
• RoboPlazma Beam System Cantilevered moving robot system for processing I-beams, channels, angles, tubes, pipes, and large plates, with capabilities including bolt hole production, miter cuts, beam splitting, and plasma marking.
• Fixed Base Robot Cost-effective modular cutting cell featuring a Fanuc Japan robot on a fixed cantilever arm for 3D component trimming and cutting, accepting direct CAD input to eliminate trimming dies in sheet metal prototyping.
• Hot Plate Cutting System Robotic unmanned self-intelligent red-hot steel cutting plasma system with an 8-axis robot and proprietary self-calibrating software, enabling precise cutting at red-hot temperatures and interface compatibility with steel mill online systems.
• RoboPlazma Large Plate Processing Robotic plasma cutting system for large plates up to 30 meters in length using Fanuc robots, Plazma power supplies, GUDEL precision rails, and RoboSwift software, with auto nesting, automatic plate alignment, stitch cutting, beveling, and weld edge preparation.
• CNC Plasma Cutting System X-Y robot system for 2D nested cutting applications with auto torch height controller, available in 4M, 6M, and 8M widths, with multiple gas stations and touch sensing capabilities.
• Trolley Cutting System US patented mechanized torch on a simple linear trolley for linear and circular cutting up to 100mm thickness, with high speed of 2000 mm/min, dual speed setting, and cutting accuracy of +/- 1mm.
• Hand Cutting System US and worldwide patented plasma torch combined with a rugged non-electronic power source for metal cutting from 1mm to 75mm thickness, featuring a water-cooled design and CE-certified torch for hand-held cutting operations.

Quantifiable outcome

• Cutting time reduced from 3.5 hours to 15 minutes per beam for L&T project at Hazira
• +3 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

19 partnerships are on record, tiered core and major.

• Calvi S.p.A (Italy)coreStrategic or Co-development PartnerItalian producer of steel products represented by Parikh Steel as part of the Calvi Group.
• Sipa S.p.A (Italy)coreStrategic or Co-development PartnerItalian producer represented by Parikh Steel as part of the Calvi Group.
• Siderval S.p.A (Italy)coreStrategic or Co-development PartnerItalian producer represented by Parikh Steel as part of the Calvi Group.
• Falci S.r.l (Italy)coreStrategic or Co-development PartnerItalian producer represented by Parikh Steel as part of the Calvi Group.
• Cefival S.A. (France)coreStrategic or Co-development PartnerFrench producer represented by Parikh Steel as part of the Calvi Group.
• Rathbone (United States)coreStrategic or Co-development PartnerUS producer represented by Parikh Steel.
• Deutsche Nickel GmbH (Germany)coreStrategic or Co-development PartnerGerman producer represented by Parikh Steel.
• Moto Mecanica ArgentinacoreStrategic or Co-development PartnerArgentine producer of well heads and Xmas trees for petroleum industry.
• VA Intertrading AG (Austria)majorChannel Partner/ Reseller/ DistributorTrading company partner for steel products.
• Grosvenor House Trading Ltd. (London)majorChannel Partner/ Reseller/ DistributorTrading company partner for steel products based in London.
• GloResCo AG (Switzerland)majorChannel Partner/ Reseller/ DistributorTrading company partner for steel products based in Switzerland.
• Trasteel AG - Pekari division (Switzerland)majorChannel Partner/ Reseller/ DistributorTrading company partner for steel products based in Switzerland.
• Steel Authority of India Ltd. (SAIL)coreStrategic or Co-development PartnerMajor Indian steel producer providing HR Coils, HR Plates, Wire Rods, Blooms, Billets, Beams, and Special Quality Bars for export through Parikh Steel.
• Jindal Steel & Power Ltd.coreStrategic or Co-development PartnerIndian steel producer providing HR Coils, HR Plates, Rails, Semis, Wire Rods for export through Parikh Steel.
• JSW Steel Ltd.coreStrategic or Co-development PartnerIndian steel producer providing HR Coils, CR Coils, HR Plates, Galvanized Coils, Pre-painted, Wire Rods for export through Parikh Steel.
• Neelachal Ispat Nigam Ltd.coreStrategic or Co-development PartnerIndian steel producer providing Pig Iron and Billets for export through Parikh Steel.
• APL Apollo Tubes Ltd.coreStrategic or Co-development PartnerIndian producer providing ERW Steel Tubes for export through Parikh Steel.
• Ratnamani Metals and Tubes Ltd.coreStrategic or Co-development PartnerIndian producer providing ERW Steel Tubes, Longitudinal Submerged Arc Welded Pipes, and Helical/Spiral Submerged Arc Welded Pipes for export.
• Electrosteel Steel LtdcoreStrategic or Co-development PartnerIndian steel producer providing Billets and Wirerods for export through Parikh Steel.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Messer Cutting Systems: German manufacturer of oxyfuel, plasma, and laser cutting systems for plate and beam processing — directly comparable to RoboPlazma's plate & beam robotic cutting technology.
• Hypertherm: U.S.-based manufacturer of plasma, waterjet, and laser cutting systems for metalworking — directly comparable to RoboPlazma's robotic plasma cutting product line for industrial steel fabrication.
• Tata International: Indian trading arm of the Tata Group, dealing in steel, minerals, and commodities import/export. Most direct comparable to Parikh Steel's agency house model in the Indian market.
• Stemcor: Global steel trading house historically focused on distribution of flat and long products, tubular goods, and raw materials — closely matches Parikh Steel's import/export agency business.

Broad incumbents

• Reliance Steel & Aluminum: Largest U.S. metals service center company with global operations providing steel processing and distribution; comparable end-markets though much larger and vertically integrated.
• TRUMPF: German global leader in machine tools including laser and plasma cutting systems; much larger but overlapping technology in industrial sheet/plate metal cutting.
• Kloeckner Metals: European steel and metals distribution and service company with significant processing operations; comparable to Parikh Steel's trading and processing positioning though at much greater scale.
• Lincoln Electric Holdings: Global manufacturer of welding, cutting, and brazing products with plasma cutting systems in portfolio; overlaps with RoboPlazma's industrial steel cutting applications.
• Marubeni-Itochu Steel: Joint venture of major Japanese trading houses handling global steel distribution and processing; significantly larger but operates the same agency/trading model for steel and tubular products.
• ESAB Corporation: Global leader in welding and cutting equipment including plasma systems; broader portfolio but overlaps meaningfully with RoboPlazma in industrial steel cutting applications.

Market position

Strengths5 records

Weaknesses2 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

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 Parikh Steel