Neco India

Nagpur, India Founded: 1976 • Age: 50 yrs
Iron and steel castings are manufactured for diverse industries.
Annual revenue $696.9M Latest available
Total funding - Funding intelligence
Employees 4031 Tracked headcount
Investors - Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Neco India

Neco India is a company based in Nagpur (India) founded in 1976 by Basant Lall Shaw. It operates as a Direct-to-Consumer (D2C) and B2B2C. The company has 4,031 employees as of April 06, 2024. Neco India offers products and services including Integrated Alloy Steel, Iron & Steel Castings, and Mining Products. Neco India operates in a competitive market with competitors including Maini Precision Products, Ramkrishna Forgings, Bharat Forge, Dynamatic Technologies and Nemak, among others.

  • Headquarter Nagpur, India
  • Employees 4031 as on 06 Apr, 2024
  • Founders Basant Lall Shaw
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
    Transportation, Automotive & Logistics
  • Phone
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  • Website
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  • Social
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  • Legal Name Jayaswal Neco Industries Limited
Operational Areas
Industrial Goods & Manufacturing → Industrial Materials & Resources Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Automotive Manufacturing & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $696.92 M (USD)
    1.14
    as on Mar 31, 2025
  • Net Profit
    $13.23 M (USD)
    -46.34
    as on Mar 31, 2025
  • EBITDA
    $112.72 M (USD)
    -7.24
    as on Mar 31, 2025
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    4031

    as on Apr 06, 2024

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IPO & Listings of Neco India

Neco India is a publicly listed company on the NSE with ticker symbol JAYNECOIND in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSE · Ticker: JAYNECOIND · Sector: Producer manufacturing · India

Products & Services of Neco India

Neco India offers a comprehensive portfolio of products and services, including Integrated Alloy Steel, Iron & Steel Castings, and Mining Products.

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Category locked
Primary

High-quality alloy steel is produced for industrial applications.

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Precision castings are manufactured for various industrial sectors.

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Iron ore is extracted from captive mining operations.

People of Neco India

Headcount 5000-10000
Employee Profiles 1
Employee Profiles
People
Kapil Shroff
Chief Financial Officer

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Teams

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Funding Insights of Neco India

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Detailed funding history for Neco India

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Investments & Acquisitions by Neco India

Investments
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Investment portfolio details for Neco India

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Financial Statements - Neco India

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Neco India Comparisons

Neco India Primary company
Description
Iron and steel castings are manufactured for diverse industr...
Location
Nagpur, India
Founded Year
1976
Annual Revenue
$696.92 M (USD)
Net Profit
$13.23 M (USD)
EBITDA
$112.72 M (USD)
Employees
4,031
As of 2024
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Peer comparison for Neco India

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Competitors of Neco India

Neco India operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Maini Precision Products, Ramkrishna Forgings, Bharat Forge, Dynamatic Technologies and Nemak, among others.

Company Name Domain Founded year HQ Location Description
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Manufacturer & supplier of precision products and assemblies
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Ramkrishna Forgings is engaged in metal forming and manufacturing.
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Technology-enabled automotive tools, forging, and machining materials are manufactured.
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Products for automotive, aeronautic, hydraulic, and security sectors are manufactured.
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Automotive aluminium components are manufactured and supplied to OEMs worldwide.
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Precision stamped components are manufactured and supplied to automotive OEMs.
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Detailed competitors of Neco India

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Latest news on Neco India

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Frequently Asked Questions about Neco India

Neco India was founded in 1976.

Neco India is headquartered in Nagpur, India. It is registered at Nagpur, Maharashtra, India.

As of Apr 06, 2024, the latest employee count at Neco India is 4,031.

Annual revenue of Neco India is $696.92M as on Mar 31, 2025.

Jayaswal Neco Industries Limited is recognized as a prominent manufacturer of alloy steel and iron castings in India. Operations are fully integrated, encompassing steel production, castings, and mining with captive resources. The company serves diverse sectors including automotive, engineering, construction, and railways. High-quality, tailored solutions are provided to meet dynamic industry demands. Sustainability is embedded in strategies, with initiatives focused on environmental protection, community welfare, and governance. Innovation and reliability are prioritized to support industrial progress globally.

Neco India's top competitors include Bharat Forge, Maini Precision Products and Ramkrishna Forgings.

Neco India offers Integrated Alloy Steel, Iron & Steel Castings, and Mining Products.

Yes, Neco India is publicly traded on NSE under the ticker symbol JAYNECOIND.

The ticker symbol of Neco India is JAYNECOIND on NSE.

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