Synergy Advanced Metals IPO - Date, Price Band & Details

Originally established in 1973 as Paliwal Mini Steel and later known widely as Synergy Steels, Synergy Advanced Metals Limited (SAML) has built a stellar five-decade legacy in India’s metallurgical sector. Headquartered in New Delhi, the company operates a massive, fully integrated manufacturing facility in Alwar, Rajasthan, turning industrial scrap into premium, high-performance stainless steel.

The defining strength of the enterprise lies in its extensive, end-to-end industrial capacity. With an annual production footprint of 1,90,000 tonnes, Synergy manages the entire production cycle under one roof from raw steel melting to precision finishing. Its highly diversified product catalog spans stainless steel wire rods, bright bars, flats, and specialized fasteners engineered to withstand extreme stress. These high-grade materials serve critical components in demanding industries, including aerospace, renewable energy, automotive engineering, and defense.

Led by veteran industry leaders Subhash Chander Kathuria and Anubhav Kathuria, the organization operates on a global scale, exporting its indigenous products to over 45 countries, including major hubs in Germany, Mexico, and the UAE. Generating a solid operational revenue of nearly ₹2,000 crore in Fiscal 2025, the company recently filed its Draft Red Herring Prospectus (DRHP) with SEBI for a mainboard public listing on the NSE and BSE. Backed by decades of metallurgical expertise, Synergy Advanced Metals Limited continues to drive innovation, reinforcing India’s role as a primary supplier of high-value industrial metals worldwide.