Other Private Equity/Strategic Investments
Swiss mining co. IMR invests Rs.300-Cr in Steel Exchange India
International metals and mining conglomerate IMR Group has invested INR 300 crore in Hyderabad-headquartered Steel Exchange India Ltd (SEIL) via share warrants. The investment will be made through IMR’s Indian entities - India Coke and Power and IMR Steel.Established in 1999, SEIL is a leading manufacturer of TMT rebars. It is primarily engaged in the manufacturing of steel products and allied activities at its integrated steel plant near Visakhapatnam. It has the capacity to produce 2.20 lakh tonnes per annum of sponge iron, 3.62 lakh TPA of billets, 3.57 lakh TPA of TMT/rebars, and 60 MW of power.Headquartered in Switzerland and with operations in over 17 countries, IMR Group operates a fully integrated metals platform spanning global mineral trading, mining and downstream steel production.
In Oct 2025, Steel Exchange India had attracted about USD 39 M from Kotak Alternate and others.For FY25, Steel Exchange India had reported about INR 1,144 Cr in Operating Income and about INR 26 Cr in PAT.
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