Cranex Limited

Manufacturer of EOT cranes, gantry cranes, and other lifting equipment, with after-sales services and ISO certification.

1973 | South West Delhi, Delhi (India) | Active
Last Updated: June 25, 2024

Cranex Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 6.00 Cr
  • Company Age 51 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 65.77 Cr
  • Satisfied Charges ₹ 12.13 Cr
  • Revenue Growth 3.53%
  • Profit Growth -20.27%
  • Ebitda 4.23%
  • Net Worth 1.57%
  • Total Assets 18.79%

About Cranex

Cranex Limited (CL) was founded in India on 27 February 1973 and has a glorious history of 51 years and 11 months. Its registered office is in South West Delhi, Delhi, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 522001.

The Corporate was formerly known as Cranex Private Limited. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 6.00 Cr.

The company currently has active open charges totaling ₹65.77 Cr. The company has closed loans amounting to ₹12.13 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Cranex Limited India is Chaitanya Agrawal as CFO. Piyush Agrawal, Ashwani Jindal, Chaitanya Agrawal, and Two other members serve as directors at the Company.

Company Details

  • Location

    South West Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    cranexltd.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L74899DL1973PLC006503

  • Company No.

    006503

  • Stock Symbol

    BSE : 522001

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Feb 1973

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment

What products or services does Cranex Limited offer?

Cranex Limited offers a wide range of products and services, including Cranes, Forklift & Lifting Machines, Crane, EOT Cranes, Single Girder EOT Cranes, Gantry Crane, Single Girder Gantry Crane, Double Girder EOT Cranes, Jib Cranes, Pillar Mounted Jib Crane, Escalators.

Who are the key members and board of directors at Cranex?

Executive Team (2)

NameDesignationAppointment DateStatus
Chaitanya Agrawal Country flag representing In CFO24-Apr-2015Current
Piyush Agrawal Country flag representing In Managing Director29-Jan-2005Current

Board Members (4)

NameDesignationAppointment DateStatus
Chaitanya Agrawal Country flag representing In Whole-Time Director and Cfo 01-Oct-2011Current
Ashwani Jindal Country flag representing In Director 20-Feb-2004Current
Shilpy Chopra Country flag representing In Director 16-Jan-2019Current
Shalini Rahul Country flag representing In Director 12-Nov-2021Current

Financial Performance of Cranex.

Cranex Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.53% increase. The company also saw a substantial fall in profitability, with a 20.27% decrease in profit. The company's net worth moved up by a moderate rise of 1.57%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
3.53%
Revenue from Operations
3.08%
Total Assets
18.79%
Profit or Loss
-20.27%
Net Worth
1.57%
EBITDA
4.23%

What is the Ownership and Shareholding Structure of Cranex?

In 2022, Cranex had a promoter holding of 42.92% and a public holding of 57.08%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹65.77 Cr

Satisfied Charges

₹12.13 Cr

Charges Breakdown by Lending Institutions

  • Others : 33.65 Cr
  • Canara Bank : 31.92 Cr
  • Hdfc Bank Limited : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
03 Feb 2024Hdfc Bank Limited₹2.01 MOpen
29 Aug 2023Canara Bank₹31.92 CrOpen
28 Aug 2020Others₹9.00 MOpen
28 Aug 2020Others₹9.00 MOpen
25 Feb 2016Others₹31.85 CrOpen

How Many Employees Work at Cranex?

Cranex has a workforce of 118 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Cranex, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Cranex's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Cranex

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 31.85 Cr registered on 25 Feb 2016 with Charge ID 100046888 was modified on 29 Feb 2024.

    29 Feb 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100863677 was registered on 03 Feb 2024.

    03 Feb 2024

  • Annual General Meeting

    Cranex Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Canara Bank amounted to Rs. 31.92 Cr with Charge ID 100780902 was registered on 29 Aug 2023.

    29 Aug 2023

  • Balance Sheet

    Cranex Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Director Appointment

    Shalini Rahul was appointed as a Director was appointed as a Director on 12 Nov 2021 & has been associated with this company since 3 years 3 months .

    12 Nov 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Cranex Limited was incorporated on 27 Feb 1973.

  • The authorized share capital of Cranex Limited is ₹ 10.00 Cr and paid-up capital is ₹ 6.00 Cr.

  • Currently 6 directors are associated with Cranex Limited.

    • Piyush Agrawal
    • Ashwani Kumar Jindal
    • Chaitanya Agrawal
    • Shilpy Chopra
    • Shalini Rahul
    • Chaitanya Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Cranex Limited is 9 Dda Marketkatwaria Sarai, New Delhi, India, 110016.

  • The corporate identification number (CIN) of Cranex Limited is L74899DL1973PLC006503 and the company number is 006503 as per Ministry of Corporate Affairs (MCA).

  • Yes, Cranex Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Cranex Limited is https://www.cranexltd.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Cranex Limited has risen by 3.53%.

  • As Per 2023 financial reports, 118 employees are currently employed by Cranex Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Cranex Limited has experienced an upsurge of 1.57%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Cranex Limited amount to ₹ 65.77 Cr.

  • The most recent Balance Sheet for Cranex Limited was filed with the ROC on 31 Mar 2023.

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