Rama Steel Tubes

What Rama Steel Tubes does

Rama Steel Tubes Limited is an Indian publicly-listed steel pipe and tube manufacturer incorporated in 1974 in Delhi and headquartered in Noida, Uttar Pradesh (registered office in New Delhi). Founded by Harbans Lal Bansal, the company operates manufacturing facilities in Khopoli (Maharashtra) and Anantapur (Andhra Pradesh), with a further expansion underway in Andhra Pradesh. Installed capacity is 264,000 metric tonnes per annum, scaled from an initial 10,000 TPA unit set up in 1981. The product portfolio spans ERW Steel Pipes, CR Pipes, GI Pipes, M.S. Poles, hollow sections, and proprietary branded lines including Rama Scaffold, Rama Glaze (groove-rolled pipes), Rama Light Poles, Rama Classic Fire-Fix, Rama Galvanic Agro/Enviro, Rama Casing, and Rama Structural Hollow Sections.

The company runs a B2B enterprise sales motion targeting government power corporations, state electricity boards, gas distribution utilities, oil refineries, and infrastructure developers through direct engagement and project-based supply contracts. Named institutional customers include BSES Rajdhani, BSES Yamuna, UPCL, J&K Power Projects, HP State Electricity Board, Purvanchal and Dakshinanchal Vidyut Nigam, Noida Power Corporation, Gujarat Gas, and HPCL. The company holds ISO 9001:2015 certification and an EEPC India National Export Award for export performance.

In 2024-2025, Rama Steel Tubes executed a strategic pivot: it raised capital from Ebisu Global Opportunities Fund and Minerva Ventures Fund, incorporated a wholly-owned defence subsidiary (Rama Defence Private Limited), announced Andhra Pradesh capacity expansion, took a stake in a 225 MW PM-KUSUM solar project, signed a strategic collaboration with JSW Steel, and in December 2025 jointly acquired UAE-based Automech Group Holding Limited for AED 296 million (approximately Rs 728 crore) to enter higher-margin fabrication and precision engineering. Wholly-owned subsidiaries include Lepakshi Tubes Private Limited (domestic manufacturing), RST International Trading (FZE) in Sharjah (international trading and Automech vehicle), and Rama Defence Private Limited. FY26 sales were Rs 1,124.12 crore with net profit of Rs 12.58 crore (down 44.73% YoY), and the company targets FY27E consolidated revenue exceeding Rs 2,200 crore post-Automech.

Name

Rama Steel Tubes

Legal name

Rama Steel Tubes Limited

Website

https://ramasteel.com

Company type

Public

Founded year

1974

Operating status

Operating

Headcount range

251–500 employees

Short description

Rama Steel Tubes Limited is an Indian publicly-listed manufacturer of ERW, GI, and CR steel pipes, hollow sections, and poles serving government power utilities, gas distributors, and infrastructure developers. Founded 1974, 264,000 MTPA capacity, pivoting into defense, fabrication, and renewables.

Ownership category

akta.pro rank

Product category

Steel Tubes and Pipes Manufacturing

NAICS

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

SIC

Steel Pipe & Tubes (3317)

akta.pro primary industry

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

akta.pro secondary industry

Pipes & Tubing (Metal, Plastic & Composite) (IMADALAC)

Keywords

• Steel pipe manufacturing
• ERW steel tubes
• Galvanized iron pipes
• Structural hollow sections
• Steel scaffolding systems

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices6 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 Tubes and Pipes Sales: Manufacturing and selling steel tubes and pipes including ERW Steel Pipes, CR Pipes, GI Pipes, M.S. Poles, Hollow Sections, and related products. Revenue generated from direct product sales to infrastructure companies, power corporations, and government utilities.
2. Engineering and Fabrication Services (Post-Automech Acquisition): Acquisition of Automech Group UAE for AED 296 million (approximately Rs 728 crore) to pivot from commodity steel tubes into higher-margin fabrication and precision engineering. Target FY27E consolidated revenue exceeding Rs 2,200 crore.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Rama Steel Tubes Limited manufactures and sells steel tubes and pipes, including ERW (Electric Resistance Welded) Steel Pipes, CR Pipes, GI Pipes, M.S. Poles, Hollow Sections, and branded products such as scaffolding, grooved pipes, light poles, casing pipes, and HVAC fire-fix piping. The company operates manufacturing facilities in Khopoli (Maharashtra) and Anantapur (Andhra Pradesh) with an installed capacity of 264,000 metric tonnes per annum, serving infrastructure, power, gas distribution, construction, and industrial customers in India and select export markets.

Product overview

Rama Steel Tubes Limited is a leading Indian manufacturer of steel pipes and tubes established in 1974, with an installed capacity of 264,000 metric tonnes per annum. The company operates as a single unified manufacturing operation producing a diversified portfolio of steel tube and pipe products. Their core offerings include ERW (Electric Resistance Welded) Steel Pipes, CR (Cold Rolled) Pipes, G.I. (Galvanized Iron) Pipes, M.S. Poles, Hollow Sections, and specialized branded products such as Rama Scaffold, Rama Glaze, Rama Light Poles, Rama Classic Fire-Fix, Rama Galvanic Agro, Rama Galvanic Enviro, Rama Casing, and Rama Structural Hollow Sections. The company has recently expanded into higher-margin fabrication and precision engineering through the acquisition of UAE-based Automech Group, and diversified into defense sector operations and renewable energy (225 MW solar power project).

Differentiator

Problem solved

Functional benefit

Brands

• Rama Scaffold: Steel scaffolding products for construction applications.
• Rama Glaze
• Rama Light Poles
• Rama Galvanic Agro
• Rama Classic Fire-Fix
• Rama Galvanic Enviro
• Rama Casing
• Rama Structural Hollow Sections

Products and services

• Rama Scaffold Steel scaffolding products for construction applications including power plants, infrastructure, and building projects.
• Rama Glaze Pipes with grooves directly rolled into the pipe ends, achieved using automatic groove rolling systems with hydraulically controlled rollers for fast jointing applications.
• Rama Light Poles Light poles and steel structures for highway and street lighting, including traffic signal poles and customized steel structures.
• Rama Galvanic Agro ERW Galvanised Pipes & Tubes and Black Steel tubes & pipes for Water, Gas, Air & Steam applications.
• Rama Classic Fire-Fix Fire-Fix end piping system that serves as a versatile, economical and reliable HVAC mechanical pipe joining system.
• Rama Galvanic Enviro Quick delivery of made-to-order customized ERW Galvanised Pipes & Tubes for environmental applications.
• Rama Casing Casing pipes for protecting water wells and boreholes from collapsing, manufactured with superior grade of steel for water well applications.
• Rama Structural Hollow Sections Square/Rectangular Pipes and Tubes Hollow Sections manufactured and exported as per customer requirements with anti-rust oil coating on inside and outside surfaces.
• ERW Steel Pipe Electric Resistance Welded steel pipes used across various industrial and infrastructure applications.
• M.S Poles Mild Steel poles used for electrical distribution and infrastructure applications including rural electrification and power distribution networks.
• G.I Pipe Galvanized Iron pipes for water supply, gas distribution, and industrial fluid transport applications.

Quantifiable outcome

• Annual sales volume growth of 7.26% to Rs 1124.12 crore in FY26
• +2 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core, minor and strategic.

• Automech Group Holding LimitedcoreStrategic or Co-development Partner · 15 December 2025UAE-based engineering and industrial services group acquired for AED 296 million (approximately Rs 728 crore). Deal structure: UAE subsidiary acquiring 78.38% for AED 232 million in cash and listed entity acquiring 21.62% via share swap. Automech had FY2024 turnover of AED 192.30 million and assets of AED 198.73 million. Strategic pivot from commodity steel tubes to higher-margin fabrication and precision engineering.
• Onix Renewable Ltd.minorStrategic or Co-development Partner · 4 September 2024Strategic collaboration for green and renewable energy solutions, supporting Rama Steel's entry into renewable energy sector with stake in 225 MW PM-KUSUM Solar Power Project.
• JSW SteelstrategicTechnology or Integration · 9 July 2024Strategic collaboration with JSW Steel for steel supply and distribution, leveraging domestic steel demand in infrastructure and real estate sectors.
• Government of Uttar PradeshstrategicStrategic or Co-development Partner · 12 January 2023MOU signed with Government of UP for infrastructure projects and manufacturing initiatives in the state.

Scale indicators11 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Surya Roshni: Diversified Indian manufacturer of ERW steel pipes, GI pipes, and lighting poles — overlapping product portfolio with Rama Steel's tubes, hollow sections, and Rama Light Poles offerings.
• Goodluck India: Manufacturer of ERW steel tubes, GI pipes, and structural hollow sections serving domestic and export markets — a closely comparable mid-sized peer in the same Indian tubes-and-pipes category.
• APL Apollo Tubes: India's largest structural steel tube and hollow section manufacturer, directly competing in ERW tubes, galvanized pipes, and structural hollow sections across infrastructure, construction, and industrial segments — Rama Steel's closest direct competitor.
• Jindal Pipes: Indian ERW and line pipe manufacturer serving oil & gas, water supply, and structural applications — a directly comparable peer with overlapping product mix and customer segments.
• Welspun Corp: Major Indian manufacturer of steel pipes for oil & gas, water, and infrastructure — directly comparable to Rama Steel's ERW/line pipe products serving gas distribution, refinery, and utility customers.
• Man Industries (India): Indian manufacturer of large-diameter steel pipes for oil & gas, water, and infrastructure — directly comparable to Rama Steel's pipe offerings for refinery and distribution customers like HPCL and Gujarat Gas.
• Maharashtra Seamless (Jindal Group): Indian manufacturer of seamless and ERW steel pipes serving oil & gas, power, and infrastructure — closely comparable to Rama Steel's pipe portfolio with overlapping refinery, utility, and government customers.

Broad incumbents

• Steel Authority of India Limited (SAIL): India's largest state-owned steel producer with significant downstream pipe and structural product offerings — a broad incumbent in the Indian steel value chain overlapping with Rama Steel's end markets.
• Tata Steel: One of India's largest integrated steel producers with downstream tubes and pipes offerings; a broad incumbent competing across steel supply chains that include Rama Steel's product categories.
• JSW Steel: India's largest steel manufacturer by capacity; a current strategic supply partner of Rama Steel and a broad incumbent whose downstream products and raw material pricing influence the competitive landscape for ERW pipe makers.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/RamaSteelTubes
• LinkedInlinkedin.com/company/rama-steel---india
• Instagraminstagram.com/ramasteel.india

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 records

Funding overview

Funding rounds1 record

Investors2 records

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

M&A

Investments1 record

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

Frequently asked questions about Rama Steel Tubes