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Mughal Steel

From Wikipedia, the free encyclopedia
Pakistani steel company

Mughal Steel
Company typePublic
PSXMUGHAL
KSE 100 component
IndustrySteel
Founded1950; 76 years ago (1950)
HeadquartersLahore, Pakistan
Area served
Pakistan
Key people
Mirza Javed Iqbal (Chairman)
Khurram Javaid (CEO)
RevenueIncreaseRs. 89.413 billion (US$320 million) (2025)
DecreaseRs. 7.080 billion (US$25 million) (2025)
DecreaseRs. 965.518 million (US$3.5 million) (2025)
Total assetsDecreaseRs. 67.962 billion (US$240 million) (2025)
Total equityIncreaseRs. 28.819 billion (US$100 million) (2025)
Number of employees
2,080 (2025)
Websitemughalsteel.com
Footnotes / references
Financials as of 30 June 2025[update][1]

Mughal Iron & Steel Industries, commonly known asMughal Steel (Urdu:مغل اسٹیل), is a Pakistani steelcompany which manufacturessteel products and is based inLahore.[2][3][4]

History

[edit]

Mughal Steel was formed in the early 1950 as Mughal Traders. The entity then imported Iron and steel products for local consumption.[5] It was started in 1950 as Mughal Traders imported Iron and steel products.[4]

In 2008, Mughal acquired the plant and machinery of Al-Bashir Steel Industries.[6]

In 2010, Mughal was incorporated as Mughal Iron & Steel Industries Limited.[6]

In 2015, Mughal was listed on theKarachi Stock Exchange, following aninitial public offering at a strike price of PKR 34.[6][7]

References

[edit]
  1. ^"Mughal Steels Annual Report 2025"(PDF). Retrieved9 October 2025.
  2. ^"Mughal Steel to invest Rs1 billion for expansion".The Express Tribune. 28 February 2017. Retrieved12 May 2020.
  3. ^"Mughal Steel posts Rs991mln in profit".The News International. 19 September 2017. Retrieved12 May 2020.
  4. ^ab"Mughal Steel".www.mughalsteel.com.
  5. ^"Mughal Steel".
  6. ^abc"Mughal Iron and Steel Industries".Business Recorder. 30 March 2016. Retrieved12 May 2020.
  7. ^"View from McLeod Road: Why the market is excited about the Mughal Steel IPO".The Express Tribune. 8 March 2015.
PakistanKSE 100 companies of Pakistan
As of October 2024


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