About Nirmal group
Nirmal group is a company based in Kolkata (India) founded in 1971 by Ram Autar Saraf. Nirmal group has raised $3.05 million across 4 funding rounds from investors including Altico Capital and Gajendra Mercantiles. The company has 269 employees as of March 29, 2024. Nirmal group offers products and services including GI Wires and Aluminium Conductors.
- Headquarter Kolkata, India
- Employees 269 as on 29 Mar, 2024
- Founders Ram Autar Saraf
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Email
Locked
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Phone
Locked
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Website
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Social
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- Legal Name Nirmal Wires Pvt Ltd
- Jurisdiction Kolkata, West Bengal, India
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Annual Revenue
$154.21 M (USD)274.48as on Mar 31, 2023
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Net Profit
$1.63 M (USD)22as on Mar 31, 2023
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EBITDA
$3.65 M (USD)33.48as on Mar 31, 2023
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Total Equity Funding
$3.05 M (USD)
in 4 rounds
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Latest Funding Round
$75.06 M (USD), Debt – Venture
Sep 28, 2016
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Investors
Altico Capital
& 1 more
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Employee Count
269
as on Mar 29, 2024
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Products & Services of Nirmal group
Nirmal group offers a comprehensive portfolio of products and services, including GI Wires and Aluminium Conductors.
GI wires are manufactured for applications ranging from single to stranded wires with various coatings, which are utilized in industries like fencing and transmission.
Aluminium conductors are produced for the power industry, where they are employed in transmission and other electrical solutions.
People of Nirmal group
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Funding Insights of Nirmal group
Nirmal group has successfully raised a total of $3.05M across 4 strategic funding rounds. The most recent funding activity was a Debt – Venture round of $75.06 million completed in September 2016. 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.
Investors in Nirmal group
Nirmal group has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Altico Capital and Gajendra Mercantiles.
| Investor | Description | Founded Year | Domain | Location |
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Systematically important NBFC focused on the real estate sector
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Investments & Acquisitions by Nirmal group
Investment portfolio details for Nirmal group
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Financial Statements - Nirmal group
Detailed financials for Nirmal group
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Nirmal Group Comparisons
Peer comparison for Nirmal group
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Competitors of Nirmal group
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Latest news on Nirmal Group
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Frequently Asked Questions about Nirmal group
Nirmal group was founded in 1971 and raised its 1st funding round 40 years after it was founded.
Nirmal group is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Nirmal group is a funded company, having raised a total of $3.05M across 4 funding rounds to date.
As of Mar 29, 2024, the latest employee count at Nirmal group is 269.
Annual revenue of Nirmal group is $154.21M as on Mar 31, 2023.
The Nirmal Group was founded in 1971 by Ram Autar Saraf in Kolkata, India, where operations are centered. Focus is placed on the manufacturing sector, with production of galvanized iron wires, electrical conductors, and hot rolled steel products. Activities encompass wire drawing, conductor assembly, and rolling processes, serving industrial needs across domestic markets. Headquarters remain in Kolkata, supporting regional distribution.
Nirmal group offers GI Wires and Aluminium Conductors.
Nirmal group has 2 investors. Key investors include Altico Capital, and Gajendra Mercantiles.