About Maithan Ispat
Maithan Ispat is a company based in Jajpur (India) founded in 2004 was acquired by Mesco Steel in June 2015. Maithan Ispat has raised $18.26 million across 1 funding round from investors including ORIX, IIML and Mesco Steel. The company has 238 employees as of April 06, 2024.
- Headquarter Jajpur, India
- Employees 238 as on 06 Apr, 2024
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Email
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Phone
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Website
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Social
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- Legal Name Maithan Ispat Limited
- Jurisdiction Kolkata, West Bengal, India
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Annual Revenue
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Net Profit
-$5.54 M (USD)-3.2as on Mar 31, 2021
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EBITDA
-$42.36 K (USD)95.74as on Mar 31, 2021
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Total Equity Funding
$18.26 M (USD)
in 1 rounds
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Latest Funding Round
$18.26 M (USD), Series A
Feb 26, 2008
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Investors
ORIX
& 2 more
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Employee Count
238
as on Apr 06, 2024
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Acquired by
Mesco Steel
(Jun 01, 2015)
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Funding Insights of Maithan Ispat
Maithan Ispat has successfully raised a total of $18.26M through 1 strategic funding round. The most recent funding activity was a Series A round of $18.26 million completed in February 2008. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $18.3M
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First Round
First Round
(26 Feb 2008)
- Investors Count 2
Investors in Maithan Ispat
Maithan Ispat has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include ORIX, IIML and Mesco Steel.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments in multiple sectors are managed via private equity.
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Founded Year | Domain | Location | |
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Provider of financial services
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Founded Year | Domain | Location | |
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Steel production, iron ore mining, and raw material handling in India.
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Founded Year | Domain | Location |
Investments & Acquisitions by Maithan Ispat
Financial Statements - Maithan Ispat
Maithan Ispat Comparisons
Competitors of Maithan Ispat
Latest news on Maithan Ispat
Frequently Asked Questions about Maithan Ispat
Maithan Ispat was founded in 2004 and raised its 1st funding round 4 years after it was founded.
Maithan Ispat is headquartered in Jajpur, India. It is registered at Jajpur, Odisha, India.
Maithan Ispat is a funded company, having raised a total of $18.26M across 1 funding round to date. The company's 1st funding round was a Series A of $18.26M, raised on Feb 26, 2008.
As of Apr 06, 2024, the latest employee count at Maithan Ispat is 238.
Maithan Ispat was founded in 2004 and is based in Jajpur, India. Operations are centered on the production of secondary cast steel products within the steel manufacturing sector. Facilities are maintained to support casting processes for various industrial applications. The company serves domestic markets through its established infrastructure, with a focus on quality-controlled output from the eastern Indian region.
Maithan Ispat has 3 investors. Key investors include ORIX, IIML, and Mesco Steel.