Metroglobal
GLOBABOARD · Retail > Trading · Chairman: Gautam M Jain · MD: Gautam M Jain · Listing date: Feb. 8, 1995
MetroGlobal Limited is a well diversified enterprise that primarily engaged in the business of trading of chemicals, textiles, minerals and ores, metals and precious metals. Embarking on a journey to become a well-diversified group, MetroGlobal Limited diversified and expanded in the field of realty development as well as financial investments.
In 2011, Global Boards Limited, a paper boards manufacturing company and Metrochem Industries Limited, a leading manufacturing and exporting company that dealt in textile dyes, joined hands together to forge a well-established trading company. This amalgamation was named MetroGlobal Limited.
Currently, MetroGlobal is one of the most financially robust companies that primarily focus on importing chemicals, minerals and ores in bulk to distribute the same across India through its financial strength and distribution network. Apart from importing, it also does trading in the fields of textiles, metals and precious metals across India.
Business area of the company
The company is engaged in trading of Chemicals, Textiles, Minerals and Ores, Metals, Precious Metals, Plastics, and Realty and Infrastructure Development.
Product categories of trading business
Chemicals: the company trade across a variety of chemicals, including basic, specialty, dyes and dye intermediates, solvents and bulk chemicals. Its business model incorporates importing these chemicals in bulk from various countries and locally distributing it to multiple customers with smaller requirements. Thereby, effectively putting its financial strengths and distribution capabilities to good use.
Textile: The company trades in grey fabric along with other specialty fabrics that undergo processing. In this segment, the procurement of raw materials and distribution is carried out to mill owners domestically.
Minerals and Ores: Chrome Ore is one of the key products that the company imports from South Africa and the US for local distribution in India.
Metals: The company deal in both, ferrous as well as non-ferrous metals. Being an opportunity-seeking player, it supplies a high quantity of metals to processing as well as scrap units for them to process it into different value-added products for it to be sold to the end-user industries.
Precious Metals: The company deals in various businesses and transactions pertaining to purchase and sale of precious metals including silver and gold, none of which are speculative in nature.
Plastics: As a Company, it has been importing plastic granules from the Middle East and have also been procuring some amounts domestically. However, there was no trading carried out on this in the previous year.