About Us

Originally established in 1968 as the Metals Division of Ahmedabad Advance Mills Limited, a textile company of the Tata Group, the company became part of Tata Steel in 2007 before being acquired by Friedr. Gustav Theis Kaltwalzwerke GmbH, Germany. Tata Group, founded in 1868, is one of India’s most successful companies, with origins in a private trading venture by Jamshedji Nusserwanji Tata. Friedr. Gustav Theis Kaltwalzwerke GmbH is a leading provider of engineered steels tailored to meet customer requirements.

Theis was founded in 1910 and belongs ever since to the same family. It is an exciting acquisition as both companies have a long tradition of core values and innovation. Throughout their long history the companies have adhered with tenacity to the strategy of their founding fathers. In 2023, ‘Theis’ was acquired by Gurukrupa Group and BDK Valve and in 2024, was rebranded to ‘Thiese’.

The Cold Rolling Division, established in 1968, pioneered in India the cold rolling of stainless steel and later focused on the cold rolling of narrow-width strips in mild, medium, and high carbon and low alloy steels. The division produces a thickness range of 0.07mm to 3.2mm and a width range of 6mm to 460mm. It has a manufacturing capacity of 40,000 M.T. per year.

The Profiles Division, established in 1997, has a manufacturing capacity of 6,000 M.T. of custom-made solid profiles and sections in various grades of steel. The equipment is state-of-the-art technology within the world for hot rolling steel sections and profiles. Rolled from wire rods and electrically heated., unlike conventional billet rolling, these sections have better dimensional tolerances and surface finishes than conventionally manufactured sections rolled from billets.

Thiese Precision Private Limited* caters to the needs of various market segments such as automotive, textile machinery, cutting blades and saws, office machinery, general engineering, etc. It specialised in catering to customized requirements such as desired surface finish, roughness, tempering, dimensional tolerances, and packaging. In addition, the division has the capability of supplying hot-rolled solid profiles, cold-drawn profiles, and profiles in ready-to-use form.

Meet the Pioneers

Mansukh Sureja

Mansukh Sureja, our esteemed senior visionary, has over 45 years of profound expertise in legal compliance and financial management, coupled with extensive real estate experience as a co-founder of the prestigious Gurukrupa Group. His unparalleled practical knowledge and resourceful mindset have been critical in resolving business challenges and instrumental in our enduring success. His strategic insights and leadership will be invaluable to Theise in navigating the complexities of our diverse initiatives, ensuring continued excellence and stability, fostering long-term growth and resilience.

Bimal Mehta

Bimal Mehta has an illustrious experience of about four decades in the steel manufacturing and trading industry. As the distinguished owner of BDK Valves, a leading multinational corporation, and IMC, a prominent steel trading company, his exceptional strategic leadership and business acumen have significantly contributed to our company’s growth and industry prominence. His ability to drive growth and innovation will be crucial for Theise in expanding our market presence and achieving new heights of success, propelling us into new markets.

Chetan Kothari

Chetan Kothari, a visionary in the financial realm, brings invaluable expertise in overseeing financial management and infrastructure. As a co-founder of a respected 30-year-old real estate brand, Gurukrupa Group, his quick decision-making and innovative spirit, alongside our dedicated team, have been critical to our financial stability and expansion. His financial acumen and strategic foresight, coupled with his crucial evaluation skills, will be pivotal in securing the financial health and sustainable growth of Theise’s key projects.

Chetan Patel

With over three decades of exceptional real estate experience as the co-founder of Gurukrupa Group, Chetan Patel stands out for his remarkable business intelligence and strategic mindset. He expertly oversees comprehensive planning and strategic operations, driving innovation and ensuring excellence in every step. His visionary approach and deep industry knowledge are pivotal to our sustained success. His expertise in strategic operations will drive Theise’s innovation and operational excellence to new levels, while fostering continuous improvement and maintaining operational efficiency.

Shyam Mehta

Shyam Mehta began his manufacturing and trading industry journey at a young age. As the dynamic co-founder of BDK Valves, he spearheads daily operational management, oversees the corporate structure, devises sales strategies and maintains strong vendor relations. His background in Mechanical Engineering enhances his ability to implement cutting-edge solutions and maintain our competitive edge in the industry. His technical prowess and entrepreneurial spirit will ensure Theise’s operational efficiency and competitive advantage, delivering high-quality results.

Samir Sureja

Samir Sureja brings over 15 years of extensive real estate experience, offering a pragmatic and innovative approach to sales, marketing, and operational activities. His robust background in Civil Engineering, combined with his practical insights and hands-on expertise, serves as an invaluable asset, driving our company’s operational success and ensuring we remain at the forefront of the industry. Samir’s innovative initiatives and commitment to excellence will be crucial in navigating market challenges and fostering growth for Theise.

Meet Patel

Meet Patel, our youngest and one of the most creative minds, holds an MSc in Integrated Marketing from New York University. With a fresh perspective and a keen focus on digital presence and brand management, Meet’s artistic mindset and modern approach are instrumental in enhancing our brand’s visibility and engagement in the digital landscape maintaining Theise’s brand identity.

Megh Mehta

Megh Mehta, who is amongst the one leading Indian Mineral Company, a trusted Tata Steel distributor, excels in operations and sales within the steel distribution industry. With a proven track record in optimizing supply chains and driving growth, his strategic expertise and leadership make him an invaluable asset to Theise, strengthening its market position and operational success.

ACQUISITION

BDK Valve and Gurukrupa Group have acquired a 100% stake in ‘Theis Precision Steel India Pvt. Ltd.’, and the company is now rebranded to ‘Thiese Precision Private Limited*’

Gurukrupa Group, one of the top developers in Western India, boasts 30 years of expertise in crafting modern living spaces that seamlessly blend urbanity with serenity. Renowned for high-quality construction and timely delivery, it prioritises innovation and customer satisfaction in both residential and commercial projects.
https://gurukrupagroup.com

BDK Valve, under SWIMS Technologies Pvt. Ltd., is a premier manufacturer of industrial valves globally. Renowned for excellence and innovation, they aim to be the trusted choice for flow control solutions, with accolades from the Government of Karnataka, India.
https://bdkvalve.in

This acquisition strengthens our position and reflects our commitment to growth and innovation. Together, we’re improving our facilities, processes and products to provide better solutions to our customers. We’re dedicated to delivering top-notch quality and value in precision manufacturing!

THIESE EVOLUTION: INDIA

1968

Set up a stand-alone cold rolling complex in Navsari town near the railway station, having the first 20 Hi Sendzimir mills for cold rolling steel.

1969

Rolling of medium and high-carbon steels started for the first time in India on a large scale.

1974

Started cold rolling of stainless steels for the first time in India
with a state-of-the-art new 20 Hi Sendzimir mill and a continuous annealing and pickling line for austenitic grade stainless steels.

1984-85

Capacity expansion of carbon steel production with the addition of Bell Annealing furnaces and bases.

1996

▪ Setting up of a new cold rolling mill complex at a new site about 8 km from the Navsari plant near village Sisodra on NH No. 8. The main feature of the new plant was a 4-HI MILL with a computerized mill management system.

▪ Set up facilities for hot rolling for the production of hot-rolled solid steel profile sections with technical assistance from Falci, Italy, having a unique concept of manufacturing solid steel profile sections from wire rods.

2002

Merger of cold rolling facilities at the two plants by shifting all equipment from the Navsari plant to the Sisodra plant.

2004

Focus on rolling specialty steel strips.

2009

Improvement in annealing facilities with hydrogen atmosphere annealing facilities.

2023

Gurukrupa Group and BDK Valve finalised the acquisition of Theis.

2024

Theis undergoes a rebranding process and emerges as Thiese.