- Business
- Neil Industries Limited (NEIL.BO) manufactures and markets a diverse range of industrial products, including steel pipes and tubes, PVC pipes and fittings, galvanized iron (GI) pipes, mild steel (MS) pipes, black pipes, hollow sections, steel tubes, square pipes, solar module mounting structures, ERW pipes, and spiral pipes; it also provides engineering, procurement, and construction (EPC) services for solar power projects, water supply projects, and irrigation systems. The company operates primarily in the steel and plastics segments of the manufacturing industry, serving customers in infrastructure, agriculture, construction, and renewable energy sectors across India. Founded in 2012 and headquartered in Mumbai, India, Neil Industries focuses on domestic markets with production facilities in Gujarat.
In recent developments, the company expanded its product portfolio with new offerings in solar mounting structures and advanced PVC fittings to capitalize on India's renewable energy and water infrastructure growth; it secured strategic partnerships for EPC contracts in solar projects valued at over INR 500 crore in fiscal 2025. Neil Industries completed a funding round through qualified institutional placement, raising INR 200 crore to bolster working capital and capacity expansion at its pipe manufacturing plants. Additionally, it acquired a minority stake in a Gujarat-based steel processing unit in early 2025 to enhance supply chain integration and operational efficiency.