Next-Generation GI & GP Pipe & Tube Manufacturing
Caprizar Industries Private Limited is engineering an ultra-modern 24,000 MT/Annum integrated High-Frequency ERW welding and hot-dip galvanizing production ecosystem in IDCO Industrial Estate, Khurda, Odisha.
Institutional Governance & Corporate Profile
Incorporated under the Companies Act, 2013, Caprizar Industries Private Limited combines experienced corporate governance with high-tech steel production engineering.
Statutory Corporate Identity
| Company Name: | Caprizar Industries Private Limited |
| Incorporation Date: | 16 December 2025 (CIN: U24103OD2025PTC051750) |
| Tax Credentials: | PAN: AANCC3504B | TAN: BBNC03769D |
| Registered Office: | Patharmunda, Kaniha, Talcher, Angul – 759117, Odisha |
| Plant Location: | IDCO Industrial Estate, Haladipada, Khurda, Odisha |
Promoter Directors & Plant Management Staff
Led by seasoned industrialists, engineering professionals, and statutory administrators overseeing 252 plant personnel.
252 Direct Employment Personnel Breakdown
Plant WorkforceNIRANJAN BISWAL
Directs turnkey factory shed civil engineering, 35' spine road gantry corridors, heavy crane installation, and statutory single-window approvals with IDCO and IPICOL.
MANISHA BEHERA
Leads institutional project financing, term loan structuring, treasury deployment, legal agreements, and long-term hot-rolled coil supply MoUs with primary steel plants.
SANATAN SAHOO
Oversees 24,000 MT/year continuous production across solid-state 400 kHz induction welding, continuous 450°C hot-dip galvanizing baths, and 50-bar hydro NDT testing.
High-Precision GI & GP Pipes & Structural Sections
Engineered with continuous High-Frequency induction welding and hot-dip zinc coating to international standards (IS 1239 / IS 3589).
GI Galvanized Iron Tubes
Hot-dip zinc coated steel pipes designed for superior corrosion protection. Essential for drinking water networks under the Jal Jeevan Mission, municipal distribution, and firefighting systems.
| 100% Annual Sales Revenue: | ₹129.36 Crore |
| Specification Standard: | IS 1239 (Part 1) / IS 3589 |
| Zinc Coating Bath: | 360 - 550 g/m² (Hot-Dip Bath @ 450°C) |
GP Tubes & Hollow Sections
High-strength round, square, and rectangular structural sections used extensively in building scaffolding, industrial roofing sheds, greenhouses, and storage racks.
| 100% Annual Sales Revenue: | ₹94.08 Crore |
| Specification Standard: | IS 4923 / IS 1161 |
| Scaffolding Market Usage: | 50% Usage Share in Infrastructure |
Process Scrap Recycling
Operates at a tight 98% material yield with only 2% process loss (end trimmings). All scrap is bundled and sold to regional steel melting furnaces.
| 100% Annual Revenue: | ₹1.30 Crore |
| Quantity: | 480 Metric Tons (2% of 24,000 MT input) |
| Scrap Realization Price: | ₹27,000 per MT |
Factory Process & Operations
High-precision sequence: Slitting → Pipe Making / Plate Shearing → Galvanizing → QA, Bundling & Dispatch.
Stage 01: Precision Master Coil Slitting Line
SPEED: 120 m/minCoil Slitting Line
Master steel coils are uncoiled and fed through rotary tungsten carbide knives to slit strips to exact widths tailored to the outer diameter of each pipe or section.
| Input Material: | Master GP / HR Coils |
| Operational Speed: | 120 m/min continuous |
| Tolerance: | ±0.1 mm width precision |
| Next Destination: | Pipe Roll Forming / Shearing Line |
(304,920 SFT)
(ERW & Zinc)
(GP Mills)
Loading Bays
Model: NIRANJANMANISHA-MODEL
Road Access: 100' Front & 35' Spine Road
Power: 1,500 KW Connected Grid
Water: 500 kL Fire Res. + Zero ETP
Means of Finance & 5-Year Financial Statements
Robust financial structure with strong debt servicing capability (DSCR 2.77) and low break-even point (22.93%).
Promoter contribution.
Term Loan @ 11% p.a.
Working capital CC.
5-Year Projected Financial Statement (₹ Crore)
| Financial Metric | Year 1 (60%) | Year 2 (65%) | Year 3 (70%) | Year 4 (75%) | Year 5 (80%) |
|---|---|---|---|---|---|
| Gross Revenue from Sales | ₹134.84 Cr | ₹146.08 Cr | ₹157.32 Cr | ₹168.55 Cr | ₹179.79 Cr |
| Gross Profit | ₹10.37 Cr | ₹11.58 Cr | ₹13.11 Cr | ₹14.62 Cr | ₹16.09 Cr |
| EBITDA | ₹12.54 Cr | ₹13.36 Cr | ₹14.54 Cr | ₹15.76 Cr | ₹16.97 Cr |
| Net Profit After Tax (PAT) | ₹4.41 Cr | ₹5.48 Cr | ₹6.77 Cr | ₹8.05 Cr | ₹9.30 Cr |
Project Timeline & Financial Terminal
Inspect the 18-month execution milestones under Odisha IPR 2022 policy, and simulate projected operational debt service metrics.
18-Month Milestone Schedule
| Dec 26 – Jan 27: | IDCO Land Acquisition & Clearances (Under Process) |
| Feb 27 – May 27: | Site Development & Boundary Wall Construction |
| Jun 27 – Nov 27: | Civil Construction of Factory Sheds & Office |
| Jul 27 – Dec 27: | Machinery Ordering & Procurement |
| Jan 28 – Mar 28: | Equipment Erection & Commissioning |
| May 2028: | Trial Production Runs & QA Certification |
| Jun 2028 Onward: | COMMERCIAL PRODUCTION LAUNCH |
Odisha IPR 2022 Policy Subsidies
- • Capital Investment Subsidy: Direct state subsidy on Plant & Machinery.
- • 100% Net SGST Reimbursement: Full Net SGST reimbursement for 7 to 10 years.
- • 100% Stamp Duty Exemption: Complete stamp duty waiver on IDCO land lease deed.
- • Power Tariff Concession: Subsidized concessional industrial electricity tariff.
Terminal Operational Controls
Terminal Output Metrics
Request Quotation & Business Inquiry
Business Inquiry Form
Corporate HQ & Direct Contacts
Registered Office: Caprizar Industries Private Limited, Patharmunda, Kaniha, Talcher, Angul – 759117, Odisha, India.
Plant Site: IDCO Industrial Estate, Haladipada, Khurda, Odisha.
📞 Phone: +91 9438857050 / +91 7438857050
✉ Email: info@caprizar.com | Social: @caprizar_industries