Taban Niroo Sepahan CO.

What Taban Niroo Sepahan CO. does

Taban Niroo Sepahan CO., operating under the Takado brand, is an Iranian publicly listed investment holding company headquartered in Isfahan, established in 1990 (1369 SH) under Iran's privatization policies. The company operates as a parent of 7+ listed subsidiaries organized into four subsidiary holdings: Mining (coal extraction, coal washing, manganese mining via Maaden Manganez Iran, and mineral processing); Industrial & Technical Services (refractory production at Nosooz Ekbatan Sepahan, ferroalloy production under construction at FeroAlloy Nizar Ehya Sepahan in Qom, engineering and power services via Taban Niroo Sepahan itself, ceramic permanent magnets, and steel-related services); Financial/Securities/Banking; and Commercial & Transportation (including international trading). Takado is a subsidiary of the Mohammad Hassan Ehyaye Sepahan Complex conglomerate.

The group's core technology stack spans underground mining (including the Pirouzi manganese mine at 340m depth), coal washing and concentration, calcined dolomite refractory manufacturing, ceramic magnet production, ferrosilicomanganese smelting, and engineering services to industrial plants. Subsidiaries operate dedicated power transmission lines and specialized mineral processing facilities.

Takado's business model is B2B direct sales of raw materials and engineering services to Iran's steel industry. Primary customers include Zob Ahan Esfahan (described as the holding's 'spiritual parent'), Mobarakeh Steel Complex, Foolad Sangan, and Foolad Hormozgan. Revenue mechanics combine hardware sales (coal concentrate, manganese ore, calcined dolomite, ferroalloys, ceramic magnets), professional services (engineering, maintenance, power services), and capital market participation through its 7+ listed subsidiaries on the Iran Exchange and Farabourse. The company is listed on Iran's over-the-counter market (Farabourse) and is subject to the broader sanctions and macroeconomic environment affecting Iranian industrial groups.

Name

Taban Niroo Sepahan CO.

Legal name

Takado (تکادو)

Website

https://takado.ir

Company type

Public

Founded year

1990

Operating status

Operating

Headcount range

1–10 employees

Short description

Taban Niroo Sepahan CO. (Takado) is an Iranian publicly listed holding company that owns 7+ subsidiaries spanning coal and manganese mining, refractory materials, ferroalloy production, ceramic magnets, and industrial engineering services for Iran's steel industry. It serves major Iranian steelmakers including Zob Ahan Esfahan and Mobarakeh Steel.

Ownership category

akta.pro rank

Product category

Diversified Mining and Industrial Holding

NAICS

Iron and Steel Mills and Ferroalloy Manufacturing (3311)

SIC

Miscellaneous Metal Ores (1090), Bituminous Coal & Lignite Mining (1220), Wholesale-Metals & Minerals (No Petroleum) (5050)

akta.pro primary industry

Manganese Ore Mining & Concentrates (IMAKAFAF)

akta.pro secondary industries

Industrial Minerals Trading (Phosphate, Potash, Sulfur, Borates, Barite, Talc) (IMAKAJAF), Concentrates & Intermediate Feedstocks Marketing (Concentrates, Cathodes, Anodes, Alumina) (IMAKAJAJ)

Keywords

• Coal mining operations
• Manganese ore mining
• Ferroalloy manufacturing
• Industrial engineering services
• Refractory materials production

Headquarters

HQ city

Isfahan

HQ country

Iran

HQ region

Middle East

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Mining & Mineral Processing: Revenue from extraction and processing of coal, manganese ore, and other minerals. Subsidiaries include coal mining and washing operations (Zoghal Sang Najin Tabas, Zoghal Sang Tabas Ehya Sepahan, Faravari Zoghal Sang Parvadeh Tabas), manganese mining (Maadan Manganez Iran), and mineral processing.
2. Industrial & Engineering Services: Technical and engineering services provided to various industries including cement, steel, copper, and other sectors through subsidiaries like Taban Niroo Sepahan (power/engineering), Meghnatis Taban (ceramic magnets), Merat Polad (engineering), and Nasooz Akbatan (refractory dolomite).
3. Steel Value Chain Products: Production and supply of ferroalloys (ferrosilicon manganese) and downstream steel industry products including calcined dolomite refractories and steel-related processing services.
4. Capital Market Investments: The holding manages a portfolio of publicly listed companies, with more than 7 subsidiaries admitted to Iran Exchange (Bourse) and Farabourse, generating returns through dividends and capital market participation.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Taban Niroo Sepahan CO. (Takado) is a publicly listed Iranian investment holding company that extracts and processes coal and manganese ore, produces calcined dolomite refractories and ferrosilicon manganese ferroalloys, manufactures ceramic permanent magnets, and delivers engineering and maintenance services to steel, cement, copper, and other industrial plants. Its subsidiaries collectively form one of Iran's largest raw coal suppliers, one of the largest coal concentrate producers, and the largest manganese ore producer in the country.

Product overview

Takado (شرکت تکادو) is a diversified investment holding company established in 1990 (Solar Hijri 1369) in Isfahan, Iran. The company operates four main subsidiary holdings: Mining (encompassing coal mining, coal processing, and manganese mining), Industrial & Technical Services (covering refractory products, ferroalloys, power services, and steel engineering), Financial/Securities/Banking, and Commercial & Transportation. The portfolio includes major subsidiaries such as Maaden Manganez Iran (largest manganese producer in Iran), Zoghal Sang Negin Tabas, Nosouz Ekbatan Sepahan (calcined dolomite for steel), Taban Niroo Sepahan (engineering/power services), Gostaresh Moad Maghnetisi Taban (ceramic permanent magnets), FarroAliayezh Nizar Ehya Sepahan (ferroalloy plant under construction), Fooladafza Sepahan (steel), Merat Polad Engineering, Hotel Espadana (hospitality), and several others spanning the mineral, industrial, financial, and commercial sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Coal and Coal Concentrate Supply Extraction, washing, and concentration of coal from mines in the Tabas region of South Khorasan Province; one of Iran's largest raw coal suppliers and coal concentrate producers, supplying coking coal to steel mills.
• Manganese Ore Production Underground extraction of manganese ore from the Pirouzi mine at approximately 340 meters depth; the largest manganese ore producer in Iran, supplying manganese to steel producers.
• Calcined Dolomite (Refractory Materials) Production of calcined dolomite refractories for Iran's steel industry, manufactured at Razi Industrial City of Shahin Shahr by Nosooz Ekbatan Sepahan; serves as a flux material in steelmaking.
• Ferrosilicon Manganese (Ferroalloy) Ferroalloy plant under construction in Pars Gostar Nizar Industrial City of Qom Province, producing ferrosilicon manganese for the steel industry; operated by FeroAlloy Nizar Ehya Sepahan subsidiary.
• Ceramic Permanent Magnets and Magnetic Powders Production of ceramic permanent magnets and magnetic powders at the Eshtejran Industrial Park; one of the largest producers of ceramic permanent magnets in Iran, operated by Gostaresh Moad Maghnetisi Taban.
• Industrial Engineering and Technical Services Engineering, power, and maintenance services delivered to major steel producers including Mobarakeh Steel, Sangan, and Hormozgan Steel, as well as cement and copper plants, via the Taban Niroo Sepahan subsidiary.
• Steel Products and Services Steel sector products and services delivered from the Mobarakeh Steel Complex by Fooladafza Sepahan, supporting downstream steel industry customers.
• Hospitality and Accommodation Services Hospitality services including restaurant and banquet facilities operated under Hotel Espadana (Aeine Khane Espadana) in Isfahan.

Quantifiable outcome

• Capital increase from 399 to 700 billion Toman approved in extraordinary general meeting (75.4% increase)
• +1 more outcomes

Named customers4 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

AI capability1 record

Partnerships

One partnership is on record.

• Etemad Gostar Sepahan (اعتماد گستر سپاهان)coreChannel Partner/ Reseller/ DistributorEtemad Gostar Sepahan serves as the designated shareholder services agent (مجری امور سهام) for Takado. The company manages Takado's non-resident shareholder services and provides shareholder relations through its website at etemadgs.ir.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Glencore: Global mining and commodity-marketing major with significant coking-coal and ferroalloy exposure. Comparable to Takado's coal concentrate trading/distribution business and bulk-commodity marketing model.
• South32: Diversified global miner spun out of BHP with significant manganese and coking-coal exposure alongside aluminum, nickel, and zinc. Comparable as a diversified industrial-minerals and ferroalloy-feedstock producer.
• Cleveland-Cliffs: US-listed integrated iron/steel producer with captive mining of metallurgical coal and iron ore feeding downstream steel operations. Comparable as a vertically integrated mining-to-steel platform with similar value-chain economics.
• IMERYS: Global specialty minerals producer including refractory and industrial-mineral product lines. Comparable to Takado's calcined dolomite refractories subsidiary Nosooz Ekbatan Sepahan serving steel industry customers.

Regional players

• Golgohar Mining and Industrial Company: Major Iranian iron-ore miner listed on Tehran Stock Exchange. Comparable as a publicly listed Iranian mining holding serving the domestic steel industry, with similar Farabourse/Bourse listing dynamics.
• Mobarakeh Steel Company: Iran's largest steel producer and a core Takado customer, but also a vertical comparator given its integrated steel value chain anchored by domestic raw-material supply (coal, iron ore, ferroalloys) — directly comparable end-market and feedstock exposure within Iran.
• Chadormalu Mining and Industrial Company: One of Iran's largest iron-ore producers and a publicly listed industrial-mining peer. Comparable as a large-scale Iranian mining operator supplying domestic steelmakers, similar regulatory and macro exposure.

Emerging players

• Mersen: Industrial specialty materials manufacturer including carbon and magnetic materials for industrial customers. Comparable to Takado's Gostaresh Mavadd Maghtaeisi Taban subsidiary producing ceramic permanent magnets and magnetic powders.

Direct peers

• Eramet: French mining and metallurgical group that is one of the world's largest producers of manganese ore and a major producer of manganese ferroalloys. Directly comparable to Takado's manganese mining plus ferrosilicon-manganese value chain.
• OM Holdings: Australia-listed manganese and ferrosilicon-alloy producer with integrated mining-to-ferroalloy operations. Closely mirrors Takado's manganese mining plus downstream ferrosilicon-manganese plant structure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeaparat.com/TAKADO
• LinkedInlinkedin.com/company/taban-niroo-sepahan-co

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries14 records

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 Taban Niroo Sepahan CO.