JSW Steel

company

About

JSW Steel is India’s leading integrated steel producer with a capacity of 14.3 MTPA.

Details

Last Funding Type
Post-IPO Debt
Last Funding Money Raised
₹51.85B
Industries
Energy,Mineral,Mining,Mining Technology,Power Grid
Founded date
Jan 1, 1982
Number Of Employee
5001 - 10000
Operating Status
Active

JSW Steel is among the world’s most illustrious steel companies and is India's leading primary integrated steel producer.

The flagship company of the over $11 billion JSW Group, JSW Steel is testament to decades of experience and a dynamic culture that have culminated in the company becoming the leading manufacturer of value added and high end steel in India.

Sustainability powers JSW Steel’s business vision. We realise that only by creating a sustainable future can we pave the way for our goal of a self-reliant India. This belief has always stood us in good stead. With a conviction in our values, we have grown from a single steel plant in 1982 to the large operations that define us today.
JSW Steel is a pioneer in the use of innovative technology that keeps us ahead of the competition. Not only do we offer the widest product portfolio in India, we also further leverage our capability to customise offerings to match customer expectations.

Our strategy of always staying on the leading edge of technical advancement has led to partnerships with global sector leaders such as JFE Steel, Marubeni Itochu Steel, Praxair and Severfield Rowen Plc. This technological edge has helped our plants rank among the lowest-cost steel producers in the world and differentiated us from our competitors.

The strong focus on innovation and R&D has led to JSW Steel being recognised worldwide as a purveyor of high-end, value-added steel. Nearly 40 percent of our products today are high value steels; we intend to take this figure up to 50 percent. Nearly one fifth of our products are exported and we are India’s largest exporter of steel with a presence in over 140 countries.
Our strategic approach to growth has driven the Company’s forward and backward integration initiatives. Our steel plants in Karnataka, Tamil Nadu and Maharashtra have a combined installed capacity of 18 million tonnes per annum (MTPA). With the objective of touching 40 million tonnes in the next decade, we are expanding capacities at our existing sites and setting up plants in new locations.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
₹51.85B $400M
JSW Steel has raised a total of ₹51.85B $400M in funding over 2 rounds. Their latest funding was raised on May 11, 2021 from a Post-IPO Debt round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
May 11, 2021 Post-IPO Debt ₹51.85B Detail
Sep 25, 2019 Debt Financing $400M Detail

Investments

Number of Investments
Number of Lead Investments
1
0
JSW Steel has made 1 investments. Their most recent investment was on Nov 30, 2016, when Entropik Technology raised $200K.
Date Company Name
Round Money Raised Industry Lead Investor
Seed $200K Artificial Intelligence

Employee Profiles

Number of Employee Profiles
13
JSW Steel has 13 current employee profiles, including Employee Seshagiri Rao M.V.S

Exits

JSW Steel has had 1 exits. JSW Steel most notable exits include Brahmani River Pellets Ltd.

Date Company Name Exit Type Industry
Dec 23, 2016 Brahmani River Pellets Ltd. M&A Mining Detail

Acquisition

JSW Steel has acquired 4 organizations. Their most recent acquisition was Praxair India on Aug 16, 2016. They acquired Praxair India for $36M.

Date Company Name
Industry Acquisition Type Price
Aug 16, 2016 Praxair India
Business Development acquisition $ 36M Detail
Mar 29, 2018 Acero Junction
Industrial acquisition $ 81.85M Detail
May 18, 2018 Aferpi
Manufacturing acquisition $ 88M Detail
Precious Metals acquisition Detail