Company: Crytel Mauritius Limited
Country: Mauritius
Sector: Wholesale Distributors
CEO: Prateek Pali (Executive Director and Company Promoter)
Website: https://crytel.com/
Careers Page: Not publicly listed
LinkedIn: Not publicly listed
Email: Not publicly listed
Headquarters: Ebene, Mauritius
Founded: 2020 (incorporated)
Valuation/Revenue: $664.5m market value (African Business Top 250, 2025 ranking)
Crytel Mauritius Limited is an investment holding and commodity trading company that buys and sells refined ferrous and non-ferrous metals internationally, operating a “back-to-back” trading model that synchronises purchase and sales contracts to minimise inventory holding and price risk. Incorporated in 2020 and based in Ebene, Mauritius, it is a subsidiary of the London-based Crytel Limited metals trading group and is listed on the Stock Exchange of Mauritius.
What Does Crytel Do?
Crytel operates as a metals trading and investment holding vehicle, sourcing and distributing ferrous and non-ferrous metal products across multiple continents, including the Middle East, Africa, Europe and Asia. Rather than holding significant physical inventory, the company uses a zero-price-risk, back-to-back approach, matching supply contracts with buyer contracts so that price exposure is largely hedged out of its trading book. Beyond core metals trading, Crytel has also made strategic investments in related businesses, including stakes in PP Metal Recycling Limited and Metallurgy International Limited, extending its footprint into metals recycling and broader metallurgical activity.
Is Crytel Legit?
Yes. Crytel Mauritius Limited is a listed entity on the Stock Exchange of Mauritius, operating under a Global Business Company Licence, and its parent, Crytel Limited, is an established London-based commodity trading firm dealing in ferrous and non-ferrous metals as well as precious stones. Its public listing and regulatory filings make it a verifiable, formally regulated company rather than an informal operation.
How Big Is Crytel?
African Business’s Top 250 (2025) valued Crytel at approximately $664.5 million in market value, a scale reflective of the large notional trading volumes typical of commodity trading businesses even where physical asset holdings and headcount remain comparatively modest. Detailed segment-level revenue figures are not broadly published outside of the company’s formal exchange filings.
Who Runs Crytel?
Prateek Pali is identified in company disclosures as Executive Director and Company Promoter of Crytel, a role that places him among the key figures driving the company’s strategy and investment decisions, alongside a board that includes non-executive directors Risha Ranlaul Sookun, Novan Panday Woogra Maharaje and Irshaad Zayd Soobedar. No individual has been publicly confirmed in a standalone “Chief Executive Officer” title in available company materials.
Where Is Crytel Headquartered?
Crytel’s registered office is on the 6th floor, Tower A, 1 CyberCity, Ebene, Republic of Mauritius, in the country’s principal business and financial district, a common domicile for Mauritius-based Global Business Companies serving international trade and investment structures.
Is Crytel Publicly Traded?
Yes, Crytel Mauritius Limited trades on the Stock Exchange of Mauritius under the ticker CTEL, with Ocorian Corporate Administrators Ltd. serving as transfer secretary.
How Does Crytel Compare to Its Competitors?
Crytel operates in the highly competitive global metals trading sector alongside established international commodity trading houses. Its differentiator is its Mauritius-domiciled holding structure, which provides a tax-efficient and internationally connected base for coordinating trading activity between its London-based parent and counterparties across Africa, the Middle East and Asia.
Links
Website: https://crytel.com/
Careers Page: Not found
LinkedIn: Not found
Email: Not publicly listed
FAQ
Is Crytel legit?
Yes, it is listed on the Stock Exchange of Mauritius and is a subsidiary of the established London-based Crytel Limited metals trading group.
Who runs Crytel?
Prateek Pali serves as Executive Director and Company Promoter; no separate CEO title has been publicly confirmed.
Who owns Crytel?
It is a subsidiary of Crytel Limited (London), with the remainder of shares held by public investors via its Mauritius listing.
Where is Crytel headquartered?
In Ebene, Mauritius.
How old is Crytel?
It was incorporated in 2020.
What does Crytel do?
It trades refined ferrous and non-ferrous metals internationally using a back-to-back, low-inventory trading model.