Magnum Mi Steel Purchase Executive Salaries by 4 Employees (Updated 2025)

5 - 7 years exp.

₹3.6 Lakhs - ₹7.3 Lakhs

Salary of majority employees

28% more than the average Purchase Executive Salary in Iron & Steel Companies for 5 - 7 years of experience

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Last Updated: 12 Jun 2024

Companies similar to Magnum Mi Steel for Purchase Executive

Company name	Avg Annual Salary	Open Jobs
Tata Steel Purchase Executive Salary 1 - 10 years exp. (17 salaries)	₹1.1 L/yr - ₹4.2 L/yr 27% less
JSW Steel Purchase Executive Salary 4 - 8 years exp. (5 salaries)	₹3.5 L/yr - ₹7.2 L/yr 1% less
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ArcelorMittal Nippon Steel Purchase Executive Salary 2 - 11 years exp. (12 salaries)	₹2.1 L/yr - ₹4.2 L/yr 43% less
Jindal Steel and Power Purchase Executive Salary 1 - 7 years exp. (9 salaries)	₹3 L/yr - ₹4.6 L/yr 30% less
Bhushan Power & Steel Purchase Executive Salary 2 - 3 years exp. (3 salaries)	₹2.4 L/yr - ₹3.5 L/yr 46% less
Ms Agarwal Foundries Purchase Executive Salary 0 - 6 years exp. (21 salaries)	₹1.8 L/yr - ₹5.4 L/yr 16% less
Shri Mahavir Ferro Alloys Purchase Executive Salary 1 - 4 years exp. (8 salaries)	₹1.5 L/yr - ₹3.6 L/yr 52% less
Patton International Purchase Executive Salary 3 - 9 years exp. (6 salaries)	₹3 L/yr - ₹3.7 L/yr 33% less
AVON TUBETECH Purchase Executive Salary 1 - 7 years exp. (4 salaries)	₹3 L/yr - ₹3.6 L/yr 32% less
Genau Extrusions Purchase Executive Salary 1 - 3 years exp. (4 salaries)	₹2.2 L/yr - ₹2.5 L/yr 53% less
Hmm Infra Purchase Executive Salary 2 - 10 years exp. (4 salaries)	₹3.1 L/yr - ₹4.5 L/yr 30% less
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Jsl Lifestyle Purchase Executive Salary 3 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹2.8 L/yr 48% less
Shri Rathi Group Purchase Executive Salary 1 - 3 years exp. (4 salaries)	₹1.8 L/yr - ₹2.6 L/yr 57% less
Ramco Steels Purchase Executive Salary 1 - 3 years exp. (3 salaries)	₹2.8 L/yr - ₹4 L/yr 33% less

Purchase Executive salary at Magnum Mi Steel ranges between ₹3.6 Lakhs to ₹7.3 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Magnum Mi Steel.

Experience wise Magnum Mi Steel Purchase Executive salaries

Last Updated: 12 Jun 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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7 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr

Similar Designation salaries in Magnum Mi Steel

Store Executive Salary

(3 salaries)

₹3.7 L/yr - ₹4 L/yr

Senior Purchase Executive Salary

(3 salaries)

₹3.8 L/yr - ₹4.8 L/yr

Purchase Engineer Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Purchase Assistant Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Store Incharge Salary

(3 salaries)

₹2.4 L/yr - ₹5.8 L/yr

Senior Engineer Salary

(10 salaries)

₹4 L/yr - ₹5.4 L/yr

Deputy Manager Salary

(5 salaries)

₹8.05 L/yr - ₹10.8 L/yr

Salary related reviews for Magnum Mi Steel

Production Engineer in Delhi

Mechanical engineering Department

5.0

• posted on 11 Jun 2021

2.0

for Salary and Benefits

Likes

Good work environment and culture.company policies are good, appraisal are fair and they good salary and bonus every year .

Skill development - Excellent

+5 more

Dislikes

There is a lot of politics and the management address our issues.on the job training is not good.

Salary - Poor

Dispatch Supervisor in New Delhi

Full Time

Procurement & Supply Chain Department

5.0

• posted on 24 Apr 2024

2.0

for Salary and Benefits

Likes

The only thing is that they are good into business

Dislikes

The work culture is bad and don’t have fixed off on sat. There is no time table at the time of interview they say 8 hrs job but it extend up to 12-13 hours with no overtime.

Salary - Poor

+4 more

Store Incharge in Gurgaon / Gurugram

Full Time

Procurement & Supply Chain Department

5.0

• posted on 06 Nov 2023

1.0

for Salary and Benefits

Likes

This is a very nice culture and good seniors behaviour and good performance but not promotions improvement.

Skill development - Excellent

+3 more

Dislikes

Company culture good but Some people do very bad politics which I don't like politics system.

Salary - Bad

+1 more

Assistant Manager- Purchase in Bawal

Full Time

Procurement & Supply Chain Department

4.0

• posted on 17 Jul 2019

3.0

for Salary and Benefits

Likes

Magnum MI Steel, company is too good for a local Employees to grow and learning.

Skill development - Good

+3 more

Dislikes

About dislike is nothing, all over organization is good. But there is not available canteen where employees can sit and take rest in lunch time. I don't want to say about accommodating (food) but there should be a relexable place to take rest.

Executive in Gurgaon / Gurugram

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 02 Oct 2023

2.0

for Salary and Benefits

Likes

Outer looks of company.

Dislikes

No basic facility like Good quality Ro water for drinking & Toilet condition is worst. Plant head is very Rude and Egoist person only Tel pani person can servior there. NO basic culture to growth....My experience is worst with this company. No appreciation on work even I work for 15-16 hours some time as I was there in RND depart.

Salary - Poor

+5 more

see more salary related reviews

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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Magnum Mi Steel Purchase Executive Salary FAQs

What is the salary of Purchase Executive at Magnum Mi Steel?

Purchase Executive salary at Magnum Mi Steel in India ranges between ₹3.6 Lakhs to ₹7.3 Lakhs for experience between 5 years to 7 years. According to our estimates it is 28% more than the average Purchase Executive Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Magnum Mi Steel India.

How does the salary of a Purchase Executive at Magnum Mi Steel India compare with the average salary range for this job?

The average salary of a Purchase Executive at Magnum Mi Steel is 28% more than the average salary of a Purchase Executive in India. To know exact salary insights, login to view.

What is the salary of a Purchase Executive in companies similar to Magnum Mi Steel in India?

JSW Steel Purchase Executive Salary - ₹3.5 Lakhs to ₹7.2 Lakhs per year
Ms Agarwal Foundries Purchase Executive Salary - ₹1.8 Lakhs to ₹5.4 Lakhs per year
Tata Steel Purchase Executive Salary - ₹1.1 Lakhs to ₹4.2 Lakhs per year
Hmm Infra Purchase Executive Salary - ₹3.1 Lakhs to ₹4.5 Lakhs per year
Jindal Steel and Power Purchase Executive Salary - ₹3.0 Lakhs to ₹4.6 Lakhs per year

What is the estimated take home salary of a Purchase Executive at Magnum Mi Steel in India?

The estimated take-home salary of a Purchase Executive at Magnum Mi Steel ranges between ₹36,961 per month to ₹38,172 per month in India. The take-home salary calculation is based on the average Magnum Mi Steel Purchase Executive salary in India which ranges between ₹3.6 Lakhs to ₹7.3 Lakhs per year for employees with experience between 5 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Purchase Executive at Magnum Mi Steel?

According to AmbitionBox, 100% of the Magnum Mi Steel Purchase Executives reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Magnum Mi Steel Purchase Executive Salaries

Magnum Mi Steel Purchase Executive salary in India ranges between ₹3.6 Lakhs to ₹7.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Magnum Mi Steel latest salaries received from various employees of Magnum Mi Steel.