Enlight Metals, a rapidly growing Indian metal aggregation company, plans to launch an IPO by 2028. The company has achieved Rs 1.5 billion in revenue this year and aims for Rs 4 billion by FY26, with projections exceeding Rs 12 billion by FY27, fuelled by strong demand in the infrastructure and manufacturing sectors. Enlight Metals has supplied over 4,500 tonnes of steel for the Pune Metro and 1,300 tonnes for Udaipur Airport while collaborating with major EPC firms such as Tata-Galderma and Shapoorji Pallonji. Currently serving over 500 OEMs, it aims to expand to 1,500 by FY27, operating a technology-enabled 24-hour delivery model and planning additional dark stores and a steel service center.
This strategic roadmap positions Enlight Metals as a key player in modernizing India’s metal supply chain In a defining moment for India’s industrial transformation, Enlight Metals has announced plans to pursue an Initial Public Offering (IPO) by 2028, signaling its evolution from a mid-sized regional metal manufacturer to a nationwide leader in sustainable metal production. The company’s vision aligns perfectly with India’s Make in India and Net Zero 2070 agendas, setting a high benchmark for corporate responsibility and growth in the metals and manufacturing sector Over the past five years, Enlight Metals has established itself as a key player in aluminum.
Steel, and specialty metal solutions, serving sectors such as Infrastructure Automotive, and renewable energy. Its current focus on national expansion involves setting up new plants in Maharashtra, Odisha, and Gujarat regions known for industrial excellence. According to company executives, this expansion is expected to triple production capacity by 2027, boosting both domestic and export markets To further strengthen its position, Enlight Metals has partnered with state governments and local suppliers to ensure inclusive growth, skill development, and job creation an approach that resonates with India’s broader industrial ecosystem.
Technological Transformation and Smart Manufacturing
A major component of Enlight Metals’ growth strategy lies in Technological Innovation The company has invested in AI-based quality control, IoT-enabled monitoring systems, and predictive maintenance platforms. These innovations not only reduce downtime but also ensure a significant cut in energy consumption, aligning with its ESG (Environmental Social, and Governance) commitments The firm’s smart plants employ automated casting, recycling, and smelting systems that meet global standards for carbon efficiency. This move is consistent with the industry’s shift toward Industry 4.0, where technology enables real-time optimization and transparency in operations.
The announcement of a 2028 IPO marks a pivotal chapter in Enlight Metals’ journey. Insiders suggest the company is preparing to raise significant capital to fund its expansion and sustainability projects. The upcoming IPO is designed to attract long-term investors focused on green and industrial transformation, distinguishing Enlight Metals from conventional metal producers Financial analysts believe the company’s robust revenue growth, clear sustainability goals, and national footprint make it one of the most promising IPOs in India’s upcoming industrial wave. Moreover, by going public, Enlight Metals aims to strengthen transparency, enhance investor trust, and foster innovation through diversified ownership.
Sustainability as Core Strategy
Enlight Metals’ sustainability roadmap is not merely an add-on; it is integrated into the company’s DNA. From waste recycling to energy recovery units, the firm’s operations are guided by circular economy principles. By reusing process waste and converting by-products into usable materials, the company has reduced carbon emissions by over 40% in the past three years This approach aligns with the Paris Climate Agreement and India’s Sustainable Development Goals (SDGs). The company also partners with global NGOs and research institutions to develop low-carbon alloys and bio-based coating materials that reduce environmental impact.
Enlight Metals’ rise mirrors the broader trend of industrial consolidation in India, where domestic manufacturers are gaining global competitiveness. The company’s reputation for high-grade recycled metals and custom alloy solutions has opened new export markets in Southeast Asia and Europe Experts note that Enlight Metals is strategically positioned to benefit from India’s growing demand for renewable infrastructure particularly in solar panel frames, EV battery casings, and green building materials. Its product line supports both heavy industries and next-generation tech sectors, making it a bridge between traditional manufacturing and clean energy innovation.
Leadership, Vision, And Human Capital
Behind this transformation stands a visionary leadership team that emphasizes ethical governance, gender inclusion, and youth employment. The CEO, board members, and investors share a unified vision of turning Enlight Metals into India’s most sustainable industrial brand by 2030 Employee training programs in metallurgy, robotics, and data analytics reflect the company’s focus on skill development. Enlight Metals is also collaborating with technical institutes to nurture future engineers and metallurgists, ensuring a continuous talent pipeline for its expanding operations In addition to national expansion, Enlight Metals has entered strategic collaborations with global technology providers in Japan.
Germany, and the U.S. These partnerships aim to exchange expertise in energy-efficient smelting and recycling systems. The company’s cross-border learning initiatives signify India’s emergence as a trusted global hub for sustainable manufacturing Enlight Metals’ joint ventures (India) and R&D partnerships are expected to accelerate product innovation, reduce environmental footprint, and create value across the supply chain. The company’s ambition to be listed publicly by 2028 underscores a confident stride toward global competitiveness.
As Enlight Metals gears up for its 2028 IPO, it exemplifies a new generation of Indian enterprises ambitious, sustainable, and globally aligned. Its national expansion, backed by digital innovation and responsible manufacturing, reflects the future of industrial growth in India. The company’s journey is not just about capital markets; it’s about redefining how industries can grow responsibly while creating long-term value for investors, communities, and the planet.
Q1. When is Enlight Metals planning its IPO?
Enlight Metals aims to go public in 2028, aligning with its expansion roadmap across India.
Q2. What drives Enlight Metals’ rapid national expansion?
Strategic investments, sustainable production, and increased demand for green metals.
Q3. Which sectors benefit from Enlight Metals’ growth?
Automotive, renewable energy, and construction industries benefit the most.
Q4. How is Enlight Metals ensuring sustainability?
By adopting energy-efficient smelting and recycling practices aligned with ESG goals.
Q5. Where can I learn more about Enlight Metals?
Visit their (Enlight metals) for updates and investor information.
