Enlight Metals Targets 2028 IPO as National Expansion Accelerates
Steel

Enlight Metals Targets 2028 IPO as National Expansion Accelerates

Enlight Metals, one of India’s fastest-growing metal aggregation companies, has announced plans to launch an IPO by 2028—a key milestone in its rapid scale-up. The company has achieved Rs 1.50 billion in revenue this year and is projecting Rs 4 billion by FY26 and more than Rs 12 billion by FY27, driven by strong demand from India’s infrastructure and manufacturing sectors.

The company has emerged as a trusted supplier for major infrastructure projects, delivering more than 4,500 tonnes of steel to the Pune Metro and 1,300 tonnes to Udaipur Airport, while partnering with leading EPC players including Tata-Gulermak, Shapoorji Pallonji and J Kumar Infra. Enlight Metals currently works with over 500 OEMs—including Tata, JSW and Eicher—and aims to expand its customer base to more than 1,500 OEMs by FY27.

“Our vision is to build India’s most efficient and transparent metal aggregation platform,” said Vedant Goel, Director, Enlight Metals. “The 2028 IPO marks the next phase of our journey as we scale our footprint, strengthen our technology stack and redefine how metals are sourced and delivered across India. We are committed to sustainable, tech-driven growth that delivers long-term value for our partners and investors.”

Enlight Metals operates on a technology-enabled 24-hour delivery model using dark stores in Pune and Mumbai, supported by integrated ERP and CRM systems, WhatsApp-based order capture and AI-driven demand forecasting. The company plans to open eight additional dark stores and launch its first steel service centre—offering cutting, slitting and shearing—in FY26, significantly expanding its operational and value-added capabilities.

With a strong technology foundation, expanding partnerships and a clear roadmap to scale, Enlight Metals is positioning itself as a key player in modernising India’s metal supply chain and advancing toward a successful public listing by 2028.

Godrej Interio Powers Kerala Metro Projects 
In addition, KMRL has declared Interio by Godrej as the lowest bidder for the Architectural Finishing Contract for Kochi Metro Phase 2.
Interio by Godrej, Kerala infrastructure, Kochi Metro, KSITIL, Infopark Kochi, E&MVAC contract, Design-and-build project, Godrej

Interio by Godrej, a flagship furniture and turnkey solutions brand from the Godrej Enterprises Group, has expanded its presence in Kerala’s infrastructure development landscape by securing and executing projects worth more than ₹90 crore in Kochi. The portfolio includes a Rs 690 million Electrical & Mechanical (E&MVAC) work order from Kochi Metro Rail (KMRL) for Phase 2 of the Kochi Metro, along with the successful completion of a Rs 240 million design-and-build project for Kerala State Information Technology Infrastructure (KSITIL) at Kochi’s Infopark.

Speaking on the milestone, Swapneel Nagarkar, Senior Vice President & Business Head, Interio by Godrej, said, “Infrastructure is a key enabler of India’s journey to becoming a $26 trillion economy. At Interio, we are proud to partner with government and public sector enterprises to create spaces that are modern, efficient and human-centric. Our turnkey capabilities across design, engineering and execution demonstrate our ability to deliver large-scale, multi-disciplinary projects with precision and innovation. These partnerships in Kerala reinforce our commitment to shaping India’s infrastructure story through sustainability, inclusivity and forward-thinking design.”

The KMRL contract represents Interio’s first Electrical and Mechanical project, highlighting its expanding capabilities in integrated turnkey execution. The scope includes electrical systems, ventilation and air conditioning (VAC), and fire protection across 10 elevated metro stations, property development (PD) zones, and the viaduct between JLN Stadium (excluding) and Infopark Station.

Interio has also delivered India’s first neurodiverse-friendly workspace for KSITIL at Infopark—covering 50,000 sq ft of interiors and 65,000 sq ft of façade works as part of the Ernakulam South Metro Station PD area. The project integrates sensory-responsive design, adaptive lighting and inclusive layouts aligned with KSITIL’s goals of accessibility, innovation and sustainability. Scope of work included interior fit-outs, architectural finishes, façade engineering and full MEP integration.

In addition, KMRL has declared Interio by Godrej as the lowest bidder for the Architectural Finishing Contract for Kochi Metro Phase 2, covering block work, plumbing and interior finishing across five elevated stations—Palarivattom Junction, Alinchuvadu, Chembumukku, Vazhakkala and Padamughal.

The KSITIL project, located above an active metro station and beside a live railway corridor, was completed with zero safety incidents and has earned high commendation from KSITIL, Infopark, Indian Railways and KMRL for its design quality, precision execution and uncompromising safety standards.

Enlight Metals, one of India’s fastest-growing metal aggregation companies, has announced plans to launch an IPO by 2028—a key milestone in its rapid scale-up. The company has achieved Rs 1.50 billion in revenue this year and is projecting Rs 4 billion by FY26 and more than Rs 12 billion by FY27, driven by strong demand from India’s infrastructure and manufacturing sectors.The company has emerged as a trusted supplier for major infrastructure projects, delivering more than 4,500 tonnes of steel to the Pune Metro and 1,300 tonnes to Udaipur Airport, while partnering with leading EPC players including Tata-Gulermak, Shapoorji Pallonji and J Kumar Infra. Enlight Metals currently works with over 500 OEMs—including Tata, JSW and Eicher—and aims to expand its customer base to more than 1,500 OEMs by FY27.“Our vision is to build India’s most efficient and transparent metal aggregation platform,” said Vedant Goel, Director, Enlight Metals. “The 2028 IPO marks the next phase of our journey as we scale our footprint, strengthen our technology stack and redefine how metals are sourced and delivered across India. We are committed to sustainable, tech-driven growth that delivers long-term value for our partners and investors.”Enlight Metals operates on a technology-enabled 24-hour delivery model using dark stores in Pune and Mumbai, supported by integrated ERP and CRM systems, WhatsApp-based order capture and AI-driven demand forecasting. The company plans to open eight additional dark stores and launch its first steel service centre—offering cutting, slitting and shearing—in FY26, significantly expanding its operational and value-added capabilities.With a strong technology foundation, expanding partnerships and a clear roadmap to scale, Enlight Metals is positioning itself as a key player in modernising India’s metal supply chain and advancing toward a successful public listing by 2028.Godrej Interio Powers Kerala Metro Projects In addition, KMRL has declared Interio by Godrej as the lowest bidder for the Architectural Finishing Contract for Kochi Metro Phase 2.Interio by Godrej, Kerala infrastructure, Kochi Metro, KSITIL, Infopark Kochi, E&MVAC contract, Design-and-build project, GodrejInterio by Godrej, a flagship furniture and turnkey solutions brand from the Godrej Enterprises Group, has expanded its presence in Kerala’s infrastructure development landscape by securing and executing projects worth more than ₹90 crore in Kochi. The portfolio includes a Rs 690 million Electrical & Mechanical (E&MVAC) work order from Kochi Metro Rail (KMRL) for Phase 2 of the Kochi Metro, along with the successful completion of a Rs 240 million design-and-build project for Kerala State Information Technology Infrastructure (KSITIL) at Kochi’s Infopark.Speaking on the milestone, Swapneel Nagarkar, Senior Vice President & Business Head, Interio by Godrej, said, “Infrastructure is a key enabler of India’s journey to becoming a $26 trillion economy. At Interio, we are proud to partner with government and public sector enterprises to create spaces that are modern, efficient and human-centric. Our turnkey capabilities across design, engineering and execution demonstrate our ability to deliver large-scale, multi-disciplinary projects with precision and innovation. These partnerships in Kerala reinforce our commitment to shaping India’s infrastructure story through sustainability, inclusivity and forward-thinking design.”The KMRL contract represents Interio’s first Electrical and Mechanical project, highlighting its expanding capabilities in integrated turnkey execution. The scope includes electrical systems, ventilation and air conditioning (VAC), and fire protection across 10 elevated metro stations, property development (PD) zones, and the viaduct between JLN Stadium (excluding) and Infopark Station.Interio has also delivered India’s first neurodiverse-friendly workspace for KSITIL at Infopark—covering 50,000 sq ft of interiors and 65,000 sq ft of façade works as part of the Ernakulam South Metro Station PD area. The project integrates sensory-responsive design, adaptive lighting and inclusive layouts aligned with KSITIL’s goals of accessibility, innovation and sustainability. Scope of work included interior fit-outs, architectural finishes, façade engineering and full MEP integration.In addition, KMRL has declared Interio by Godrej as the lowest bidder for the Architectural Finishing Contract for Kochi Metro Phase 2, covering block work, plumbing and interior finishing across five elevated stations—Palarivattom Junction, Alinchuvadu, Chembumukku, Vazhakkala and Padamughal.The KSITIL project, located above an active metro station and beside a live railway corridor, was completed with zero safety incidents and has earned high commendation from KSITIL, Infopark, Indian Railways and KMRL for its design quality, precision execution and uncompromising safety standards.

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