Surani Steel Tubes Ltd (NSE: SURANI) is a Gandhinagar, Gujarat-based company in the Steel Pipes and Tubes industry. With a market capitalisation of ₹202 Cr, it ranks #2,655 by market cap among the 6,137 Indian listed companies on FinBizNet, and #15 of 22 in Steel Pipes and Tubes. At ₹129.00 (as of 25 Oct 2026), the share price is 26.0% below its 52-week high of ₹174.25 and 168.8% above its 52-week low of ₹48.00. The share price is up 45.9% over one year and up 22.0% over three months.
| Current Price | ₹129.00 |
|---|---|
| Market Cap | ₹202 Cr |
| NSE Symbol | SURANI |
| Sector | Materials > Metals and Mining > Processing |
| Sub-Industry | Steel > Steel Pipes and Tubes |
| P/E Ratio | 98 |
| Return on Equity | 1.67% |
| Return on Assets | -0.77% |
| 52-Week Range | ₹48.00 – ₹174.25 |
| 1-Year Price Change | +45.9% |
| 3-Month Price Change | +22.0% |
| Beta (1Y) | 0.5 |
| Headquarters | Gandhinagar, Gujarat |
| Website | www.suranisteel.com |
Surani Steel Tubes Limited engages in the manufacture and supply of ERW MS pipes and steel tubes in India. Its products portfolio includes square and rectangle hollow sections for use in plumbing, water supply systems, and oil and gas transmission systems; ERW round pipes and tubes for use in irrigation, sewage systems, and boilers, as well as oil and gas transportation; MS slit coils and strips that are used in agriculture, construction, medical, and various engineering industries; and hot rolled MS coils for industrial applications. The company serves infrastructure, defence, energy and engineering, irrigation and agriculture, power distribution, highways, bridges and flyovers, airports, heavy vehicles, water distribution, construction and building materials, solar energy, oil and gas, automotive, wire and cable, and petrochemical industries. Surani Steel Tubes Limited was incorporated in 2012 and is based in Gandhinagar, India.
1. Manufacturing ERW MS PIPES & Trading of MS PIPE-This segment manufactures and supplies ERW MS pipes and steel tubes. It also trades in ERW MS pipes.
1. Manufacturing and Trading of Steel Pipes-100%
| Company | Market Cap | P/E | ROE | Latest Qtr Revenue | 1Y Change |
|---|---|---|---|---|---|
| Welspun Corp Ltd | ₹67,769 Cr | 42.3 | 18.91% | ₹4,081 Cr | +185.7% |
| APL Apollo Tubes Ltd. | ₹59,352 Cr | 49.2 | 25.31% | ₹5,607 Cr | +17.7% |
| Tube Investments Of India Ltd | ₹42,534 Cr | 65.9 | 10.20% | ₹6,215 Cr | -34.6% |
| Jindal Saw Ltd. | ₹19,215 Cr | 19.4 | 7.96% | ₹4,472 Cr | +15.3% |
| Ratnamani Metals & Tubes Ltd | ₹17,694 Cr | 36.7 | 13.58% | ₹972 Cr | -0.1% |
| Man Industries (India) Ltd. | ₹6,502 Cr | 38 | 9.23% | ₹1,053 Cr | +83.5% |
| Goodluck India Ltd | ₹5,918 Cr | 32.4 | 12.70% | ₹1,287 Cr | +26.3% |
| Sambhv Steel & Tubes Ltd | ₹5,082 Cr | 33 | 18.35% | ₹732 Cr | +42.9% |
| Surani Steel Tubes Ltd | ₹202 Cr | 98 | 1.67% | — | +45.9% |
Listed by market capitalisation. Ratios are shown for context only.
Surani Steel Tubes Ltd is trading at ₹129.00, with a market capitalisation of ₹202 Cr.
Surani Steel Tubes Ltd operates in the Materials > Metals and Mining > Processing space (Steel > Steel Pipes and Tubes).
Surani Steel Tubes Ltd has a P/E of 98 and a return on equity of 1.67%.
Surani Steel Tubes Ltd is listed on the NSE under the symbol SURANI.
Surani Steel Tubes Ltd's share price is up 45.9% over one year and up 22.0% over three months. Its 52-week range is ₹48.00 to ₹174.25.
Data as of 25 Oct 2026. Descriptive market data only — not investment advice.