Raipur, India – Madhur Iron & Steel Ltd, headquartered in Bhilai, proudly announces the successful closure of its pre-IPO funding round, raising an impressive 10.85 crores. This significant milestone was achieved with the backing of notable investors, including Ankit Mittal, Planify Capital, and VPK Global Ventures Fund.
Under the guidance of Jayant and Umang Aggarwal, Madhur Iron & Steel has distinguished itself through cutting-edge manufacturing technologies and unwavering commitment to quality standards. Holding prestigious approval from PowerGrid, the company stands as the sole steel mill in the region with such distinguished endorsements.
Madhur Iron & Steel boasts a prestigious clientele, including esteemed organizations such as PowerGrid, Zetwork, Kalpatru Power, and Indian Railways. The company’s dedication to excellence has positioned it as a leader in the industry, catering to the diverse needs of its valued clients.
Expressing gratitude for the overwhelming support, CEO Jayant Aggarwal remarked, “We are immensely pleased with this substantial investment, which underscores our unwavering commitment to excellence and ambitious growth aspirations.”
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