About SMW ISPAT
SMW ISPAT is a company based in Wardha (India) founded in 2004 was acquired by OfBusiness in May 2022.. The company has 799 employees as of February 11, 2025.
- Headquarter Wardha, India
- Employees 799 as on 11 Feb, 2025
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Sectors
Industrial Goods & Manufacturing
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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 Smw Ispat Private Limited
- Jurisdiction Ahmadabad City, Gujarat, India
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Annual Revenue
$204.54 M (USD)7.38as on Mar 31, 2023
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Net Profit
$-13.58 M (USD)-235.45as on Mar 31, 2023
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EBITDA
$-7.23 M (USD)-191.54as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
799
as on Feb 11, 2025
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Acquired by
OfBusiness
(May 19, 2022)
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Funding Insights of SMW ISPAT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SMW ISPAT
SMW ISPAT has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include OfBusiness. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Provider of B2B platform for raw material procurement and credit access
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SMW ISPAT
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - SMW ISPAT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Smw Ispat Comparisons
Competitors of SMW ISPAT
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about SMW ISPAT
When was SMW ISPAT founded?
SMW ISPAT was founded in 2004.
Where is SMW ISPAT located?
SMW ISPAT is headquartered in Wardha, India. It is registered at Wardha, Maharashtra, India.
How many employees does SMW ISPAT have?
As of Feb 11, 2025, the latest employee count at SMW ISPAT is 799.
What is the annual revenue of SMW ISPAT?
Annual revenue of SMW ISPAT is $204.54M as on Mar 31, 2023.
What does SMW ISPAT do?
SMW ISPAT was established in 2004 in Wardha, India, within the steel manufacturing sector. Operations are centered on the production of steel products, including various grades and forms for industrial use. The facility is located in Wardha, serving regional and national markets. Ownership is held by Yogesh Mandhani, with focus maintained on core manufacturing processes since inception.
Who are SMW ISPAT's investors?
SMW ISPAT has 1 investor. Key investors include OfBusiness.
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