Insteel Engineers Procurement Manager Salaries by 2 Employees (Updated 2025)

6 - 7 years exp.

₹8 Lakhs - ₹10.2 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 28 Feb 2025

Companies similar to Insteel Engineers for Procurement Manager

Company name	Avg Annual Salary	Open Jobs
VIKRAN Engineering & Exim Procurement Manager Salary 12 - 19 years exp. (5 salaries)	₹14.8 L/yr - ₹18.3 L/yr 77% more
Cinda Engineering & Construction Procurement Manager Salary 12 - 17 years exp. (4 salaries)	₹7 L/yr - ₹26 L/yr 110% more
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Balajee Group Procurement Manager Salary 15 - 22 years exp. (3 salaries)	₹7.5 L/yr - ₹11.4 L/yr 10% more
Reliance Industries Procurement Manager Salary 1 - 17 years exp. (128 salaries)	₹6 L/yr - ₹21 L/yr 49% more
Tata Steel Procurement Manager Salary 0 - 15 years exp. (107 salaries)	₹7.4 L/yr - ₹21 L/yr 75% more

Procurement Manager salary at Insteel Engineers ranges between ₹8 Lakhs to ₹10.2 Lakhs per year for employees with experience between 6 years to 7 years. Salary estimates are based on 2 latest salaries received from various employees of Insteel Engineers.

Similar Designation salaries in Insteel Engineers

Purchase Engineer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Procurement Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Salary related reviews for Insteel Engineers

BIM Modeller in Navi Mumbai

Research & Development Department

1.0

• posted on 17 Sep 2022

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...client that they work on lod 350 to 500 but they don't even know they lod 300. And whoever goes by giving a proper resign from the company, they have never given salary to them, also experience certificates. They shamelessly cut the salary without giving any valid reason. Your skills and qualifications doesn't have any value there. They treat there old employee in this manner what u can expect with newcomer This was my experience with this company i worked there more then 5.5years

Salary - Bad

+6 more

Tekla Modeller in Navi Mumbai

Steel Detailing Department

1.0

• posted on 01 Dec 2021

1.0

for Salary and Benefits

Likes

People with good knowledge in structural design & detailing please stay away. It works on 'jugaad' only. You don't have any place there.

Dislikes

They shamelessly cut the salary without giving any valid reason. Your skills and qualifications doesn't have any value there.

Salary - Bad

+6 more

Business Development Manager in Mumbai

Full Time

Business Development Department

1.0

• posted on 09 Dec 2022

1.0

for Salary and Benefits

Likes

Nothing...

Dislikes

Overall INSTEEL as a Company. They show they are expart in steel design but they don't a minimum strength to design a PEB structure. The MD Mr. Raju Jagtap doesn't have a minimum knowledge of construction business. If anyone asks a steel price... He simply says " Suyog ko puchu" .....INSTEEL shows they r big company having design built solution but as per my understanding, they r as good as street side labour contractor......

Salary - Bad

+6 more

Business Development Manager in Navi Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 19 Jan 2023

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

The director Raju doesn't know anything about steel construction. If anything asked about quotation, he says talk to Suyog ......they know how to work in a labour basis .....this is their limitations.... Moreover Raju & Suyog is a cheater....they have not given my 47k. Be careful about Raju ,Suyog and INSTEEL

Salary - Bad

+6 more

HSE Officer in Navi Mumbai

Other Department

5.0

• posted on 02 May 2022

4.0

for Salary and Benefits

Likes

Positive culture in HSE Culture. Conducted the safety motivational incentives implementation of documentation and responsibilities of rules of Employees. In every three month's conducting the internal audit and every 06 one mock drill and external audit.

Salary - Good

+6 more

Dislikes

Poor communication

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Insteel Engineers Procurement Manager Salary FAQs

How the salary growth look like for a Procurement Manager at Insteel Engineers in India?

The salary growth for a Procurement Manager at Insteel Engineers depends on factors such as experience, performance, and promotions. On average, a Procurement Manager can expect the following growth trajectory at Insteel Engineers:

Experience	Average Salary Range
6 years	₹7.0 Lakhs to ₹9.0 Lakhs per year
7 years	₹9.0 Lakhs to ₹11.5 Lakhs per year

and so on.

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Insteel Engineers Procurement Manager Salaries

Insteel Engineers Procurement Manager salary in India ranges between ₹8 Lakhs to ₹10.2 Lakhs. This is an estimate based on latest salaries received from employees of Insteel Engineers.