POSHS Metal Industries
Auto-grade steel processing for automotive and white goods.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | $5.0m | Growth Equity non VC | |
| Total Funding | 000k | ||
POSHS Metal Industries Pvt. Ltd., founded in 1998, is a steel processing service center specializing in auto-grade steel for the automotive and white goods manufacturing sectors. The company's services include trapezoidal blanking, slitting, cut-to-length, and die blanking, which are designed to reduce material wastage for clients. POSHS processes a variety of steel types such as CRCA DD, EDD, IF, and DP up to 650 Mpa.
The company was founded by Ashok Kapoor and currently has directors including Asheer Ashok Kapoor and Pooja Asheer Kapoor. Headquartered in Mumbai, POSHS operates manufacturing units in Taloja, Shikrapur (near Pune), and Shirwal (near Pune). The business model is centered on providing value-added processing services, functioning as a critical intermediary in the supply chain between steel mills and original equipment manufacturers (OEMs). As an authorized service center for TATA Steel, POSHS has established long-term relationships with major clients. Its customer base includes TATA Motors ancillaries, BAJAJ Auto and its ancillaries, Mahindra & Mahindra ancillaries, Blue Star, LG, and Godrej and Boyce. The company also serves Tier I suppliers to major automotive brands like Volkswagen, Volvo, and General Motors.
A key operational feature is its sustainable steel pallet system, designed in-house to replace traditional wooden pallets, making its logistics more eco-friendly. The company recently secured ₹43 crore in a funding round led by Aavishkaar Capital. These funds are allocated for a new processing facility in Aurangabad to enhance its production capacity and better serve its OEM clients. The company is also developing a new steel service center and warehousing facility in Aurangabad, with a project cost of ₹166.32 crore, expected to be completed by November 2025.
Keywords: steel processing, automotive components, white goods manufacturing, steel service center, trapezoidal blanking, coil slitting, die blanking, cut-to-length, auto-grade steel, TATA Steel authorized center, flat steel products, steel supply chain, metal fabrication, industrial machinery, CRCA steel, sheet metal processing, Pune manufacturing, Aurangabad industry, steel pallets, metal blanking