- Business
- ISMT Limited (BSE: ISMTLTD) manufactures and sells seamless pipes and tubes for the oil and gas, power, engineering, and automotive sectors. The company produces a range of products including carbon steel seamless pipes, alloy steel pipes, line pipes, and boiler tubes; it also offers customized tubular solutions for high-pressure applications and structural components. ISMT operates manufacturing facilities in India and serves domestic and international markets across Asia, Europe, and the Middle East. Founded in 1977 and headquartered in Mumbai, India, the company focuses on precision engineering for energy and infrastructure industries, with key customers including major oil refineries, power plants, and automotive manufacturers. In recent developments, ISMT Limited expanded production capacity through strategic equipment upgrades in 2024 and formed a partnership with international steel technology providers to enhance alloy steel offerings; it also secured a significant funding round for sustainable manufacturing initiatives amid growing demand for green energy pipes.