- CEO
- Shantilal K Shah
- Full Time Employees
- 36
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- Gandhinagar India
- IPO Date
- Jan 9, 2025
- Business
- Parmeshwar Metal Limited is an India-based metal processing and recycling company engaged in the manufacturing, processing, and trading of non-ferrous and ferrous metals, alloys, and secondary metal products. The company specializes in the recovery, melting, refining, and casting of industrial scrap into commercial-grade metal commodities and precision alloys. Its core product and service portfolio includes copper ingots, wire rods, strips, and busbars; aluminum alloy ingots, billets, and deoxidizers; brass rods, billets, and extruded sections; zinc die-casting alloys, ingots, and sheets; lead ingots and remelted lead bullion; customized master alloys; segregated ferrous and non-ferrous metal scraps; as well as toll smelting, scrap sorting, metal refining, and custom alloy blending services tailored to client specifications. Parmeshwar Metal caters to a broad spectrum of industrial sectors, including automotive manufacturing, electrical and electronics, power transmission, construction, renewable energy, and general engineering across regional and nationwide markets. Founded in 2021 and headquartered in Ahmedabad, Gujarat, India, the company operates specialized processing and foundry facilities equipped with induction furnaces, casting machinery, and metallurgical testing laboratories. In recent developments, the company transitioned from a private limited company to a public corporate structure and initiated capital-raising initiatives and listing procedures on the BSE SME exchange to fund the expansion of its manufacturing footprint, upgrade refining technology, and meet incremental working capital needs. Furthermore, Parmeshwar Metal has recently diversified its value-added product lines to supply higher-grade refined copper and specialty aluminum alloys for the electric vehicle (EV) supply chain and clean energy applications, while expanding its regional scrap sourcing network to enhance circular economy recycling capabilities.