Jai Mata Engineering Limited

Jai Mata Engineering Limited (JMEL) is an India-based B2B stainless-steel manufacturer supplying long and flat products to industries such as engineering, fabrication, infrastructure and construction. Starting in 1996 as a mild-steel trading business, the company gradually evolved into an integrated manufacturer by entering processing, rolling and in-house melting operations and setting up a Jaipur manufacturing facility, with plans for further expansion and a future public listing. JMEL procures scrap and alloys, produces billets and ingots, converts them into products like wire rods, bars, flats, angles and rebars, and also sells billets to other manufacturers. With installed capacity of about 72,000 MTPA (targeting ~1.8 lakh MTPA), presence across major Indian cities and an overseas office in Houston, its growth depends on infrastructure and industrial demand cycles, while key risks include commodity price volatility and competition from large steel players.