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Jindal Stainless - About the company

Jindal Stainless is an acquired company based in Delhi (India), founded in 1970 by Om Prakash Jindal. It operates as a Manufacturer and distributor recyclability of stainless steel products. Jindal Stainless has raised an undisclosed amount in funding. The company has 943 active competitors, including 11 funded and 185 that have exited. Its top competitors include companies like Tata Steel, Gerdau and Nucor.

Company Details

Manufacturer and distributor recyclability of stainless steel products. It offers wide range of stainless steel products, including stainless steel slab, bloom, coils, plates, sheets, precision strips, blade steel, and coin blanks. It also offers various types of stainless steel grades, including Austenitic, Ferritic and Martensitic & Duplex Stainless Steel.
Social
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Email ID
*****@jindalstainless.com
Part Of
Registered Address
6, Prithvi Raj Road, North East, New Delhi, Delhi, India, 110011
Key Metrics
Founded Year
1970
Location
Delhi, India
Stage
Acquired
Latest Funding Round
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
2,858 as on Jan 31, 2025
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by SBICAP (Sep 23, 2020)

Jindal Stainless's acquisition details

Jindal Stainless got acquired by SBICAP on Sep 23, 2020.
Click here to take a look at Jindal Stainless's acquisition in detail
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Jindal Stainless's funding and investors

Jindal Stainless has raised funding over 4 rounds. Its first funding round was on Mar 2010. Its latest funding round was a Post IPO round on Mar 02, 2020 for $*****. 1 investor participated in its latest round. Jindal Stainless has 2 institutional investors.

Here is the list of recent funding rounds of Jindal Stainless:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 02, 2020
3170626
Post IPO
3062341
2631036
1020534
8251827
Oct 09, 2017
5813222
Post IPO
1141610
7930645
8038198
Dec 2016
9874859
Conventional Debt
6353006
6871340
3598528
6301097
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Jindal Stainless' founders and board of directors

Founder? Claim Profile
The founders of Jindal Stainless is Om Prakash Jindal.
Here are the details of Jindal Stainless' key team members:

Jindal Stainless' employee count trend

Jindal Stainless has 2,858 employees as of Jan 25. The total employee count is 4.0% more than what it was in Jan 24. Here is Jindal Stainless's employee count trend over the years:
Employee count trend for Jindal Stainless
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Jindal Stainless's Competitors and alternates

Top competitors of Jindal Stainless include Tata Steel, Gerdau and Nucor. Here is the list of Top 10 competitors of Jindal Stainless, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Tata Steel
Tata Steel
1907, Jamshedpur (India), Public
Manufacturer of steel and related metal products
-
67/100
2nd
Logo for Jindal Stainless
Jindal Stainless
1970, Delhi (India), Acquired
Manufacturer and distributor recyclability of stainless steel products
-
65/100
3rd
Logo for Gerdau
Gerdau
1901, Porto Alegre (Brazil), Funding Raised
Manufacturer of steel products
-
65/100
4th
Logo for Nucor
Nucor
1955, Charleston (United States), Public
Manufacturer of steel products
-
65/100
5th
Logo for Voestalpine
Voestalpine
1851, Linz (Austria), Acquired
Steel-based technology and capital goods group
-
65/100
6th
Logo for Danieli
Danieli
1914, Buttrio (Italy), Public
Manufacturer of steel & aluminum products
-
63/100
7th
Logo for Goodluck India
Goodluck India
1986, Ghaziabad (India), Public
Manufacturer of steel and metal products
-
-
61/100
8th
Logo for Nippon Steel
Nippon Steel
1950, Chiyoda City (Japan), Acquired
Manufacturer and supplier of steel bars, plates & pipes
-
-
60/100
9th
Logo for Outokumpu
Outokumpu
1932, Helsinki (Finland), Public
Produces stainless steel products
-
58/100
10th
Logo for Vraj Iron And Steel
Vraj Iron And Steel
2004, Raipur (India), Public
Provider of iron and steel products for various industries
-
-
57/100
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Jindal Stainless's Investments and acquisitions

Jindal Stainless has made 1 investment in Mynd Integrated Solutions and acquired Chromeni Steels and Rabirun Vinimay.
Here is the list of these investments and acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Mar 26, 2025
Investments
2002
Gurugram (India)
May 01, 2024
Acquisition
2017
Ahmedabad (India)
Jan 10, 2024
Acquisition
1995
Kolkata (India)
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Reports related to Jindal Stainless

Here is the latest report on Jindal Stainless's sector:

News related to Jindal Stainless

lockFilter this list
Media has covered Jindal Stainless for a total of 23 events in the last 1 year, 10 of them have been about company updates and 5 about partnerships.
•
Jindal Stainless increases stake in SPV for solar projectUdaipur Kiran•Oct 29, 2026•Jindal Stainless
•
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FAQs about Jindal Stainless

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