When was Shyam Metalics founded?

Shyam Metalics was founded in 1991 and raised its 1st funding round 33 years after it was founded.

Where is Shyam Metalics located?

Shyam Metalics is headquartered in Kolkata, India. It is registered at P-19, Plate No. D403, CPT Colony, Taratala Road, Taratala Road, Kolkata, Kolkata, West Bengal, India, 700088.

How many employees does Shyam Metalics have?

As of Mar 31, 2025, the latest employee count at Shyam Metalics is 4593.

Is Shyam Metalics a funded company?

Shyam Metalics is a funded company, having raised a total of $***** in its 1st and only funding round, a Post IPO round on Jan 10, 2024.

When was the latest funding round of Shyam Metalics?

Shyam Metalics' latest funding was a $***** Post IPO round on Jan 10, 2024, with participation from 3 investors.

What is the annual revenue of Shyam Metalics?

Annual revenue of Shyam Metalics is more than ₹1,000 Cr as on Mar 31, 2026

Where does Shyam Metalics rank among its competitors?

Shyam Metalics ranks 6th amongst 1087 active competitors, of which 8 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Glencore, which secured $11M in May, 2024.

Who are the top competitors of Shyam Metalics?

Shyam Metalics' top competitors include Rio Tinto, Glencore and Korean Zink. Among them, Glencore secured the most recent funding round in May, 2024.

Shyam Metalics - 2026 Company Profile, Team, Funding, Competitors & Financials

Shyam Metalics is a public company based in Kolkata (India), founded in 1991 by Mahabir Prasad Agarwal. It operates as a Manufacturer of steel and metal products. Shyam Metalics has raised an undisclosed amount in funding. The company has 1087 active competitors, including 8 funded and 222 that have exited. Its top competitors include companies like Rio Tinto, Glencore and Korean Zink.

Company Details

Manufacturer of steel and metal products. It offers a diverse portfolio of products including carbon steel, stainless steel, ferro alloys, and aluminium foil. It produce billets, TMT bars, structural steel, wire rods, and sponge iron

Website: shyammetalics.com
Social
Email ID: *****@shyamgroup.com
Phone Number: +91 **********, +91 **********
Registered Address: P-19, Plate No. D403, CPT Colony, Taratala Road, Taratala Road, Kolkata, Kolkata, West Bengal, India, 700088

Key Metrics

Founded Year

1991

Location

Kolkata, India

Stage

Public

Latest Funding Round

Post IPO, Jan 10, 2024, $*****

Investors

Societe Generale & 2 more

Ranked

6^th among 1087 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2026

Employee Count

4,593 as on Mar 31, 2025

Investment & Acquisitions

Mittal

Similar Companies

Rio Tinto & 1114 more

Exit Details

Public

View Shyam Metalics' full profile

Shyam Metalics is associated with 5 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
SHYAM ORES(JHARKHAND) PRIVATE LIMITED CIN: U13100WB2008PTC126792 , India, Active	Jun 23, 2008	₹10 - ₹50 Cr (As on Mar 31, 2025)	-
SHYAM METALICS PRIVATE LIMITED CIN: U01122WB1995PTC073938 , India, Amalgamated	Aug 31, 1995	-	3783 (As on Oct 31, 2023)
SHYAM SEL AND POWER LIMITED CIN: U27109WB1991PLC052962 , India, Active	Sep 05, 1991	₹1,000+ Cr (As on Mar 31, 2025)	5288 (As on Apr 01, 2026)
KALPATARU HOUSEFIN & TRADING PVT LTD CIN: U65922WB1992PTC054891 , India, Active	Mar 24, 1992	₹10 - ₹50 Cr (As on Mar 31, 2025)	-
SHYAM METALICS AND ENERGY LIMITED CIN: L40101WB2002PLC095491 , India, Active	Dec 10, 2002	₹1,000+ Cr (As on Mar 31, 2026)	347 (As on Oct 31, 2024)

Shyam Metalics got listed on Jun 24, 2021.

Click here to take a look at Shyam Metalics's IPO in detail

Shyam Metalics has raised funding over 1 round. Its latest funding round was a Post IPO round on Jan 10, 2024 for $*****. 3 investors participated in its latest round. Shyam Metalics has 2 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Shyam Metalics:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 10, 2024	6886979	Post IPO	6378508	9877705	8374237	7756626

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View details of Shyam Metalics's funding rounds and investors

The founders of Shyam Metalics is Mahabir Prasad Agarwal.

Here are the details of Shyam Metalics' key team members:

Mahabir Prasad Agarwal: Founder & Chairman of Shyam Metalics.

View details of Shyam Metalics's Founder profiles and Board Members

Shyam Metalics' employee count trend

Shyam Metalics has 4,593 employees as of Mar 25. Here is Shyam Metalics's employee count trend over the years:

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Top competitors of Shyam Metalics include Rio Tinto, Glencore and Korean Zink. Here is the list of Top 10 competitors of Shyam Metalics, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Rio Tinto 1873, London (United Kingdom), Public	Manufacturer of metals and minerals	-	Umbono, Greyrock Investments & 10 others	74/100
2nd	Glencore 1974, Baar (Switzerland), Public	Producer and supplier of metals and minerals	$2.2B	First Reserve, Capital Group & 6 others	70/100
3rd	Korean Zink 1974, Seoul (South Korea), Public	Mining and Industrial group	-	-	58/100
4th	POSCO 1968, Pohang si (South Korea), Public	Platform offering steel production	-	J&M Partners, IMM Holdings & 1 others	57/100
5th	Mueller Industries 1917, Collierville (United States), Public	Manufacturer of brass, copper, plastic, and aluminium plumbing products	-	-	57/100
6th	Shyam Metalics 1991, Kolkata (India), Public	Manufacturer of steel and metal products	-	Societe Generale, Reliance Money & 1 others	56/100
7th	GFG Alliance 1955, London (United Kingdom), Funding Raised	Producer of steel, aluminum, and resources for sustainable industry	-	Australian Renewable Energy Agency, Trafigura ... & 1 others	55/100
8th	Vedanta 1979, Mumbai (India), Public	Conglomerate active in mining, metal refining and power generation	-	HDFC Mutual Fund, ICICI Prudential Asset Management Company ... & 2 others	55/100
9th	Aurubis 1866, Hamburg (Germany), Public	Manufacturer of various metals, metal products, and recycling solutions	-	Europa	53/100
10th	Modison 1965, Mumbai (India), Public	Manufacturer of silver and copper-based electrical contact materials and precision components for low, medium, high, and extra-high voltage applications	-	-	53/100