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Eswari Global Metal Industries Ltd.

unknown

Price Range

TBA

Issue Size

TBA

Lot Size

1 Shares

Min. Investment

TBA

Financial Summary

(in crores)
ParticularsFY 2024-25
Operating Revenue14,075.61
Other Income500.23
Total Income14,575.84
Total Expenses13,812.14
Profit Before Tax416.21
Total Profit301.6

Subscription Details

Subscription data not yet available

IPO Timeline

IPO Offer Start

TBA

IPO Offer Ends

TBA

Listing Date

TBA

Use of Proceeds

#PurposeAmount (₹ Cr)
1Prepayment or re-payment, in full or in part, of certain outstanding borrowings 2,500

Promoters

Nithin Arumugam

Promoter Shareholding

Pre-IPO

95.00%

Promoter stake

Post-IPO

N/A

Promoter stake

About the Company

We are an integrated multi-metal and waste recycling and value-added manufacturing company with a legacy spanning nearly 39 years, committed to advancing the circular economy and delivering sustainable and responsible material solutions across India and key international markets. The Company has established a longstanding expertise in the recycling and manufacturing of non-ferrous metals, with a focus on environmentally responsible practices that span nearly four decades (Source: CRISIL Report). We were the largest exporter of lead alloy products from India and the third largest exporter of lead and lead alloy products from India, in each case in terms of value, during the nine months ended December 31, 2025 (Source: CRISIL Report). According to the CRISIL Report, we are the only Indian company to hold London Metal Exchange (“LME”) accreditation for two purity level lead brands i.e., 99.97% and 99.985% purity levels. Further, we are the only Indian company with a 99.985% purity level lead brand registered with the LME. (Source: CRISIL Report) We focus on manufacturing of value-added non-ferrous metal products such as lead, tin and aluminium, copper and plastics, by way of recycling of non-ferrous metals, plastic and e-waste scrap. Our product offerings include pure lead and lead alloys, aluminium alloys, copper ingots, tin products and plastic granules. These products cater to a wide range of end-use industries, including battery manufacturing, automotive, industrial and allied sectors, across domestic and international markets, and are tailored to meet specific industry and customer requirements.

Use of Proceeds

a. part-financing the capital expenditure requirements of our Company towards expansion of Phase 2 of our manufacturing facility situated at Mundra, Gujarat (“Mundra Project”); b. prepayment or re-payment, in full or in part, of certain outstanding borrowings availed by our Company and/or investment in our Subsidiaries, for pre-payment/ re-payment, in full or in part, of certain outstanding borrowings availed by our Subsidiaries; and c. general corporate purposes.