ArcelorMittal Nippon Steel India Limited
Manufacturing · Steel
Awaiting a verified source quote. No third-party quote is on record for this company yet, so there is no indicative price to show — and we would rather leave it blank than print a number we cannot stand behind. Our team can confirm the current dealable level directly.
Indicative private-market reference — not an exchange quote. Not investment advice.
- Implied valuation
- Not available
- Revenue growth
- Not disclosed
- EBITDA margin
- Not disclosed
- Prospera Score
- Not yet scored
What the market says, and what we know.
Two separate things, deliberately shown side by side: a sourced private-market price reference, and the depth of research that actually stands behind this company today.
No third-party quote has been sourced for this company yet, so there is no market reference to show. Ask us to check the current level and we will come back with what the market is actually doing.
- Research Universe — availableCatalogued as a strategically relevant private-market company.
- Basic Research — availableBusiness and ownership facts verified against primary sources — 2 sourced records on file.
- Deep Research — not availableNot started. No financials, no implied valuation and no Prospera Score exist for this company.
- Prospera Recommendation — not availableNo Prospera view has been published. Presence in the universe is not a recommendation.
Indicative Private-Market Price History
Real, dated third-party observations only — plotted where they exist, never interpolated, extended or carried forward. This is a record of private-market sightings, not a live exchange chart.
Price history not available. No dated third-party quotes have been sourced for this company yet.
The business, in plain English.
Assembled only from records that exist for this company. Anything not disclosed says so.
- Founded
- 2019
- Headquarters
- Mumbai, Maharashtra
- Sector
- Manufacturing · Steel
- Promoters
- Not disclosed
What it does
AM/NS India is an integrated flat carbon steel producer formed in December 2019 as a 60:40 joint venture between ArcelorMittal and Nippon Steel Corporation, built around the former Essar Steel's Hazira plant acquired through India's insolvency process. Its Hazira facility in Gujarat has 9 million tonnes per annum of crude steel capacity spanning iron-making to downstream rolling and coated products. The company is investing about Rs 60,000 crore to expand Hazira to 15 MTPA and, since March 2025, has been acquiring land in Andhra Pradesh for a new 7.3 MTPA integrated steel plant.
Source: Nippon Steel Corporation / Business StandardWhy it matters
Competes with Tata Steel, JSW Steel and state-run SAIL in India's flat and specialty steel markets.
Source: Not attributedOwnership structure
60% ArcelorMittal, 40% Nippon Steel Corporation
Private-market context
Unlisted joint venture; no listing announced
What to understand before investing
- Unlisted shares can be difficult to sell. There may be no continuous market and no guaranteed buyer at the price you see.
- Any price shown here is an indicative private-market reference, not an exchange quote and not an executable price.
- An expected IPO may be delayed, repriced or never happen at all.
- A good company can still be a poor investment at the wrong valuation.
Research is not yet complete for this company.
We would rather say that plainly than publish a page that looks finished.
No financials, no implied valuation and no peer comparison have been researched for this company yet.
No Prospera Private Market Score and no Prospera view exist. Being in our universe is not a recommendation, and we will not manufacture one to fill this space.
What you can rely on above is what has actually been verified: the company's identity and business facts, any sourced price observations on record, and any risks that have been documented. If you want us to prioritise deeper work here, ask — that is genuinely how the queue gets set.
What could go wrong.
Documented, per-company risks — grouped by the categories the research itself recorded. There is no risk score here, because we do not compute one.
Financial
1 recorded riskAM/NS India's roughly Rs 60,000 crore Hazira expansion to 15 MTPA requires sustained capital commitments from its JV parents at a time of cyclical global steel oversupply and pricing pressure from low-cost imports.
Source: Business StandardWhat's happened, and why it matters.
Dated, sourced events only — recorded as they were reported, in reverse order of significance to a private-market holder.
- Other28 Mar 2025
AM/NS India begins land acquisition for 7.3 MTPA Andhra Pradesh steel plant
Marks the company's first greenfield steel plant outside Gujarat, part of a broader capacity expansion beyond its Hazira base
Source: Nippon Steel Corporation
Everything traceable.
Every figure on this page comes from one of the records below. Where a source published a link, it is here.
| Field | Source | As of |
|---|---|---|
| Business Description | Nippon Steel Corporation / Business Standard | Not disclosed |
| Competitive Position | Not attributed | Not disclosed |
Interested in ArcelorMittal Nippon Steel India Limited?
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We will come back with the current dealable level, the available lot size and what the process actually involves. Indicative prices shown on this page are private-market references, not executable quotes.