Our Story In a Nut Shell

1999

Vicky Mahendru & Rakesh Jangid started Precious Deal from a 10x12 ft. rented office space. They began by conquering the Mumbai jewellery-making market, supplying master alloys from Legor.

2002

The beginning of a historic partnership with Indutherm for casting machines that brought efficiency and ease to the process of jewellery production

2003

A shift in tides helped us move into a 500 sqft. Office of our own a momentous occasion marking true growth in our business

2005

Precious Deal transforms into Precious Alloys Pvt. Ltd.

2005-2010

A period of scale and synergy as we opened sales offices in Coimbatore, Jaipur, Surat, and Rajkot to meet the growing demands of the trade

2012

Another historic moment as we moved into our own 3000 sq. ft. office space in Times Square, Mumbai.

2015

Founder, Vicky Mahendru was appointed as Director on the Board of Legor

2018

We expanded our repertoire by beginning an exclusive partnership with Invicon Austria while expanding our core team in Finance with Kamlesh and Operations with Himanshu.


2019

Impressed with our growth story, Legor invested in a 15% stake in PAPL, becoming partners in the true sense.

2021

As the business grew exponentially (pandemic no bar), so did our needs. We moved into our very own 30,000 sq. ft. office building to house over 100+ employees.

2022

– Seeing the potential of a thriving business, Legor increased its investment in PAPL gaining another 15% stake.

2022

This iconic year marked a big win for PAPL with the installation of our 1st million $ atomizer at National Metal Laboratories, Ranchi.

2023

Transfer of IP and know-how from Legor to PAPL on alloy production in India, earning us the mantle of ‘manufacturer’ along with ‘supplier’.

2024

Today Precious Alloys has grown into a team of 100+ employees, of which over 25 are engineers with prolific technical knowledge. These experts are a defining factor for PAPL viz-a-viz others. We are also leaders in the supply of atomizers, used in warranted 3D printing technology. We have clients across the length and breadth of India, spanning sectors of Indian manufacturing.

Our global team of over 100 experts are on hand to provide services that suit the needs of your business perfectly.

Team of Experts and Specialists

At Precious Alloy, our success is a testament to the dedication and expertise of our highly skilled team. We have assembled a group of industry-leading metallurgists, engineers, and specialists who bring years of experience and in-depth knowledge to every project. Their deep understanding of alloy chemistry, mechanical properties, and manufacturing processes allows us to tailor our alloys to meet specific customer requirements. Our team continuously collaborates, innovates, and conducts extensive research to stay ahead of industry trends and deliver unparalleled results.

Our team of experts understands diverse business goals and needs to suitably recommend the most viable and cost-efficient solution from our range of highly accoladed products.

Call us at +91-22-6101 4444 or contact us for consulting
Explore the Range Contact Us
Share by: