STEEL MAX ROLLING MILLS Palakkad Salaries by 20+ Employees (Updated 2025)

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Designation	Avg Annual Salary	Open Jobs
Mechanical Engineer 1 - 2 years exp. · Palakkad (4 salaries)	₹0.9 L/yr - ₹4 L/yr
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Executive Assistant 3 - 4 years exp. · Palakkad (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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Senior Accounts Executive 2 years exp. · Palakkad (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
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Accountant Fresher · Palakkad (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.4 L/yr
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Junior Engineer Electrical 1 year exp. · Palakkad (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.4 L/yr
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Account Assistant 1 year exp. · Palakkad (AmbitionBox Estimate)	₹1 L/yr - ₹1.3 L/yr
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Electrical Maintenance Engineer 5 years exp. · Palakkad (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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Plant Supervisor 1 year exp. · Palakkad (AmbitionBox Estimate)	₹0.1 L/yr - ₹0.2 L/yr
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Senior Executive Finance & Accounts 5 years exp. · Palakkad (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Quality Inspector 3 years exp. · Palakkad (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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QC Analyst 5 years exp. · Palakkad (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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Supervisor Trainee Fresher · Palakkad (AmbitionBox Estimate)	₹0.1 L/yr - ₹0.1 L/yr
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Production Shift Incharge 8 years exp. · Palakkad (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
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Electrical Supervisor Trainee 1 year exp. · Palakkad (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.4 L/yr
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Junior Engineer 4 years exp. · Palakkad (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.7 L/yr
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Quality Engineer 1 year exp. · Palakkad (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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Senior Manager 31 years exp. · Palakkad (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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Manager 4 years exp. · Palakkad (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
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Electrician 2 years exp. · Palakkad (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.4 L/yr
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CNC Machine Operator 3 years exp. · Palakkad (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
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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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Salary related reviews for STEEL MAX ROLLING MILLS

2.0

Rated by 4 employees for salary & benefits

Electrical Maintenance Engineer

Production, Manufacturing & Engineering Department

5.0

• posted on 31 Oct 2018

3.0

for Salary and Benefits

Likes

The company readily accepts new technology and innovations if presented properly and in a convincing way. There is only one group of 5 members comprising of myself, the General manager, the operations manager, the works manager and two mechanical engineers who plan and take up new projects. All the innovations that happened in the company where planned and executed by us. My role was the planning and execution of electrical works but since i belong to the team, i am skilled in mechanical works also. I like to be in the team and freedom to present new ideas and the support that i get from the company.

Skill development - Excellent

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Know more about STEEL MAX ROLLING MILLS Palakkad

STEEL MAX ROLLING MILLS Salary FAQs

How much does STEEL MAX ROLLING MILLS pay to its employees?

The average annual salary at STEEL MAX ROLLING MILLS varies depending on the role, experience, and location. The salary ranges for some popular designations at STEEL MAX ROLLING MILLS, are as follows:

Mechanical Engineer	₹0.9 Lakhs to ₹4 Lakhs per year
Executive Assistant	₹3.2 Lakhs to ₹4 Lakhs per year
Senior Accounts Executive	₹1.9 Lakhs to ₹2.4 Lakhs per year
Accountant	₹1.1 Lakhs to ₹1.4 Lakhs per year

The highest-paying role, Mechanical Engineer, earns between ₹0.9 Lakh to ₹4 Lakhs per year. The top 10% of employees earn more than ₹4 Lakhs per year, and the top 1% earn over ₹7 Lakhs per year. Salaries at STEEL MAX ROLLING MILLS can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These salary estimates are based on data from 25 salaries submitted by STEEL MAX ROLLING MILLS employees. STEEL MAX ROLLING MILLS is rated 2.0 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in STEEL MAX ROLLING MILLS , Palakkad is INR . Salary estimates are based on 20+ STEEL MAX ROLLING MILLS latest salaries received from various employees of STEEL MAX ROLLING MILLS.