- CEO
- Karronn Naresh Bajaj
- Sector
- Commercial services
- Industry
- Miscellaneous commercial services
- Address
- Nashik India
- IPO Date
- Nov 3, 1992
- Business
- Magnus Steel and Infra Limited is an India-based infrastructure solutions and commodities trading company primarily engaged in the sourcing, distribution, marketing, and trading of iron and steel products, construction materials, and civil infrastructure support services. The company operates through two core business divisions: Steel and Metal Trading, and Infrastructure and Construction Services. Its comprehensive product and service portfolio comprises structural steel products, including universal beams, columns, angles, channels, and joists; thermo-mechanically treated (TMT) steel rebars, corrosion-resistant bars, and reinforcement steel for residential, commercial, and industrial construction; flat steel products, including hot-rolled (HR) coils, cold-rolled (CR) coils, galvanized sheets, and plates; long steel products, including billets, blooms, wire rods, and mild steel tubes and hollow sections; specialized fabrication steels and industrial metal consumables; general building and construction supplies; and civil contracting, site preparation, and infrastructure project management services. Magnus Steel and Infra Limited caters to a diversified client base comprising real estate developers, engineering, procurement, and construction (EPC) contractors, industrial fabricators, government infrastructure agencies, and institutional builders across domestic regional markets in India. Founded in 1991, the company is headquartered in Mumbai, Maharashtra, India, and its equity shares are listed on BSE Limited.
In recent developments, the company has executed a comprehensive strategic realignment to pivot its primary operational focus from legacy retail activities toward high-volume steel trading, industrial material supply, and infrastructure development support. As part of this corporate transformation, the enterprise completed a formal name change from Magnus Retail Limited to Magnus Steel and Infra Limited to reflect its expanded mandate across the infrastructure and metal supply chain ecosystems. In recent corporate and operational initiatives, the company has restructured its capital allocation framework to bolster working capital for large-scale steel procurement, established strategic distribution and sourcing arrangements with regional steel mills and primary manufacturers, and broadened its value-added service portfolio to include customized steel fabrication and bulk material delivery logistics for public and private construction projects across India.