- Business
- Manaksia Limited Manaksia Limited (MANAKSIA.BO), headquartered in Kolkata, India, and founded in 1984 as Hindusthan Seals Limited, operates as a holding company focused on manufacturing steel products, aluminum coils and sheets, paper packaging, and metal products through subsidiaries primarily in Nigeria, Ghana, and India. The company produces galvanized steel and pre-painted profiled sheets under the Sumo brand for roofing and cladding; color-coated aluminum sheets, coils, and alloy ingots for automotive and construction applications; kraft paper for packaging; roll-on-pilfer-proof closures, crown closures with PVC-free gaskets, plastic caps, and metal containers for beverages and pharmaceuticals; and other items including cold rolled coils, hot dipped galvanized steel, flooring sheets, and mosquito repellent coils under the Mortein brand. Its subsidiaries include MINL Limited and Jebba Paper Mills Limited in Nigeria, Dynatech Industries Ghana Limited, and Mark Steels Limited in India, serving mass consumer markets in Africa and Asia with an emphasis on construction, FMCG packaging, and alco-beverage sectors. In recent developments, Manaksia Limited introduced premium two-tone roofing sheets under the Sumo Nova brand in Nigeria during fiscal 2023-24; increased packaging paper capacity by 30% in fiscal 2022-23; and continues capacity expansions through affiliates, such as Manaksia Steels Limited's planned INR 40 crore investment for a second color coating line to reach 138,000 MT by fiscal 2026 and Manaksia Coated Metals & Industries Limited's fundraising for Alu-Zinc steel upgrades and pre-painted steel expansion.