Everest Steel

What Everest Steel does

Everest Steel is a Mumbai-based, privately held supplier of steel pipes, tubes and related products that markets itself to industrial buyers in India and overseas. Its catalogue spans seamless, ERW, LSAW and spiral-welded pipes; hollow sections; pipe fittings; stainless, alloy and carbon-steel variants; plus specialty items such as OCTG, hydraulic pipes, low-temperature tubes, boiler tubes, DI pipes, steel coils and TMT bars. The company self-reports roughly 36 years of operating history (founded circa 1989) and claims an export footprint covering six continents and more than 30 countries.

The firm's go-to-market centres on tender-based and repeat sales to Indian public-sector undertakings and large EPC contractors — named clients include ONGC, Oil India, HPCL, BPCL, BHEL, Larsen & Toubro and Reliance — across oil & gas, power, infrastructure and water sectors. There is no indication of in-house manufacturing capacity; with a disclosed headcount of approximately seven employees, the operating model is consistent with a trading and distribution intermediary that sources product from third-party mills and resells to project and procurement customers, rather than a vertically integrated producer.

Name

Everest Steel

Legal name

Everest Steel

Website

https://evereststeel.co.in

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

1–10 employees

Short description

Everest Steel is a Mumbai-based private supplier of steel pipes, tubes, fittings and related products serving oil & gas, power, infrastructure and EPC customers in India and across 30+ countries.

Ownership category

akta.pro rank

Product category

Steel Pipes and Tubes Manufacturing & Supply

NAICS

Iron and Steel Pipe and Tube Manufacturing from Purchased Steel (33121), 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

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

Keywords

• Steel pipes and tubes
• Seamless and erw pipes
• Industrial pipe fittings
• Oil and gas piping
• Structural hollow sections

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Marketing or Sales

Revenue model

1. Steel Pipes and Tubes Product Sales: Revenue generated from the sale of steel pipes, tubes, fittings, and related steel products to industrial customers. Products include Seamless, ERW, LSAW, Spiral pipes, Hollow Sections, and Pipe Fittings in various steel grades. Sales are project-based and quote-driven for B2B customers including oil refineries, power plants, infrastructure projects, and government entities.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Everest Steel manufactures and supplies a wide range of steel pipes and tubes including Seamless (1/8" to 48"), ERW (1/2" to 24"), LSAW (16" to 60"), and Spiral (18" to 140") pipes, along with Hollow Sections, Pipe Fittings, and Stainless Steel pipes in alloy, carbon, and stainless steel grades. It also offers specialized products such as OCTG, Hydraulic, Low Temperature, Boiler, Air Pre-Heater, and DI Pipes, plus Coils and TMT Bars, primarily serving oil & gas, power, infrastructure, and government projects.

Product overview

Everest Steel is a Mumbai-based steel products company with nearly 36 years of experience in the iron and steel industry. The company operates as a single unified product portfolio centered on industrial piping solutions. The core product lineup includes Seamless Pipe Range (1/8" to 48"), ERW Pipe Range (1/2" to 24"), LSAW Pipe Range (16" to 60"), Spiral Pipe Range (18" to 140"), Hollow Sections Range (square and rectangular), Pipe Fittings, and Stainless Steel (SS) Pipe. These products are manufactured from various materials including Alloy Steel, Carbon Steel, and Stainless Steel, complemented by specialized products such as OCTG Pipes, Hydraulic Pipes, Low Temp Tubes, Boiler Tubes, Air Pre-Heater Tubes, DI Pipes, Coils, and TMT Bars. The company maintains large ready-to-go inventory and an extensive distribution network serving six continents across more than 30 countries.

Differentiator

Problem solved

Functional benefit

Products and services

• Seamless Pipe Range Seamless steel pipes sized 1/8" to 48" used for transfer of oil and gas, general structure, mechanical structures, hydraulic equipment, automotive industry, superheated pipelines, steam pipelines, boiler heat exchangers, oil drilling, oil and gas processing, engineering, railways, energy, chemical processing, and textile applications. Conforms to ASME/ASTM, API 5L, API 5CT, and SA 213 specifications.
• ERW Pipe Range Electric Resistance Welded pipes sized 1/2" to 24" used for water supply, infrastructure, agriculture, industrial equipment, mechanical equipment, automotive industry, fire fighting, wastewater management, gas lines, gas processing units, thermal power plants, pumps, and sugar processing. Conforms to ASME/ASTM, API 5L, IS 1239/3589/6286/4270, and BS 3059 specifications.
• LSAW Pipe Range Longitudinal Submerged Arc Welded pipes sized 16" to 60" used for oil and gas pipelines, construction, piling, water treatment, thermal industry, sewerage, offshore platforms, and fluid conveyance. Conforms to API 5L PSL1/PSL2 and ASTM A53/A572/A252 specifications.
• Spiral Pipe Range Spiral welded pipes sized 18" to 140" used for construction, heating, ventilation, air and cooling systems, chemical processing, petrochemical industries, water and wastewater treatment, electrical power, agriculture, exhaust fume, piling, structural application, slurry, dredging, and pipelines. Conforms to IS 3589 (Fe 330/410) and API 5L up to X80 PSL2.
• Hollow Sections Range Structural hollow sections in square (25x25 mm to 250x250 mm) and rectangular (50x25 mm to 300x200 mm) profiles used for structural, construction, and modern architecture applications.
• Pipe Fittings Pipe fittings for residential purpose, industrial processes, transfusion of water and flammable gases, oil and gas applications, process instrumentation, marine, and dredging operations.
• Stainless Steel (SS) Pipe Stainless steel pipes in seamless (0.23" to 6") and welded (0.23" to 72") ranges used for petroleum refineries, chemical plants, aviation, marine equipment, cryogenic transportation, medical industry, architecture, instrumentation, textile, and residential purposes. Conforms to ASTM A213/A249/A268/A269/A270/A312/A358/A376/A554/A688/A778/A789/A790/A999 and ASME SA 304/B36.19M specifications.
• OCTG Pipes Oil Country Tubular Goods pipes used for oil and gas drilling and production applications.
• Hydraulic Pipes Hydraulic pipes used for fluid power systems in industrial applications.
• Boiler Tubes Boiler tubes used for heat exchange and power generation applications.
• Low Temp Tubes Low temperature tubes used for cryogenic applications.
• Air Pre-Heater Tubes Air pre-heater tubes used in thermal power plants and industrial heating systems.
• DI Pipes Ductile Iron pipes used for water supply and infrastructure applications.
• TMT Bars Thermo-Mechanically Treated bars used for construction and reinforcement applications.
• Steel Coils Steel coils supplied for various industrial processing and manufacturing applications.

Quantifiable outcome

• Deliver products within predefined timeframe through extensive distribution network
• +1 more outcomes

Named customers7 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• APL Apollo Tubes: India's largest structural steel tube and hollow section manufacturer — directly comparable on the hollow sections and structural pipe products that form a core Everest SKU.
• Surya Roshni: Indian manufacturer of steel pipes and tubes (ERW, GI, hollow sections) serving water, oil & gas, and infrastructure — comparable product mix with overlapping Indian PSU distribution.
• Ratnamani Metals & Tubes: Indian manufacturer of seamless/welded stainless steel and carbon steel pipes and tubes serving oil & gas, power, chemical, and water — directly overlapping with Everest's core product range and customer verticals.
• Welspun Corp: India's largest line pipe manufacturer (ERW, LSAW, spiral, HSAW) supplying global oil & gas and water projects — closest direct peer in size, product mix, and end-market exposure.
• Maharashtra Seamless: Indian seamless pipe and tube producer specializing in OCTG and line pipes for oil & gas — directly competes with Everest in the seamless pipe segment with overlapping PSU customers.
• Jindal Saw: One of India's largest pipe manufacturers producing seamless, ERW, LSAW, and spiral pipes for oil & gas, water, and infrastructure — directly comparable product portfolio and end-customer set as Everest Steel.

Broad incumbents

• Tata Steel: Integrated Indian steel major with downstream pipe and tube operations serving the same oil & gas, infrastructure, and construction customers — competes with Everest broadly rather than in a single product niche.
• Jindal Steel and Power: Diversified Indian steel producer with plate, pipe, and structural products serving industrial and infrastructure markets — broad incumbent competing across multiple Everest verticals.
• Vallourec: Global leader in seamless OCTG and line pipe for oil & gas — comparable on the seamless/OCTG side of Everest's portfolio and a reference point for premium pipe economics in the same end-markets.
• Steel Authority of India Limited (SAIL): India's largest state-owned steel producer with pipe and tube product lines serving PSUs and infrastructure — broad incumbent and potential competitor for Everest's PSU tender pipeline.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/everest-steel

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 Everest Steel