Isgec Heavy Engineering Profile
Key Indicators
- Authorised Capital ₹ 8.50 Cr
- Paid Up Capital ₹ 7.35 Cr
- Company Age 92 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5,620.00 Cr
- Satisfied Charges ₹ 9,189.23 Cr
- Revenue Growth 4.84%
- Profit Growth 57.71%
- Ebitda 43.26%
- Net Worth 9.11%
- Total Assets 8.79%
About Isgec Heavy Engineering
Isgec Heavy Engineering Limited (IHEL) was founded in India on 23 January 1933 and has a glorious history of 92 years and one month. Its registered office is in Yamuna Nagar, Haryana, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 533033 and on the National Stock Exchange(NSE) under ISGEC.
The Corporate was formerly known as The Saraswati Sugar Syndicate Limited. The Company is engaged in the Engineering Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 8.50 Cr and a paid-up capital of Rs 7.35 Cr.
The company currently has active open charges totaling ₹5,620.00 Cr. The company has closed loans amounting to ₹9,189.23 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Isgec Heavy Engineering Limited India are Kishore Chatnani as CFO and Sachin Saluja as Company Secretary. Ranjit Puri, Aditya Puri, Sidharth Prasad, and Five other members serve as directors at the Company.
Company Details
- Location
Yamuna Nagar, Haryana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
Engineering
Machinery and Equipment
What products or services does Isgec Heavy Engineering Limited offer?
Isgec Heavy Engineering Limited offers a wide range of products and services, including Die Casting & Investment Castings, Metal Castings, Building & Real Estate Developers, Construction Service, Boilers & Boiler Parts, Steam Boilers, CNC Machines & Lathe Machine, CNC Vertical Machining Centers, Boiler Fittings, Chemical Plants & Machinery.
Who are the key members and board of directors at Isgec Heavy Engineering?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Aditya Puri  | Managing Director | 30-Apr-1996 | Current |
| Kishore Chatnani | CFO | 26-May-2014 | Current |
| Sachin Saluja | Company Secretary | 15-Nov-2022 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ranjit Puri | Director | 14-Oct-1981 | Current |
| Sidharth Prasad | Director | 31-Oct-2015 | Current |
| Vishal Marwaha | Director | 30-Mar-2017 | Current |
| Rashi Sikka | Director | 28-May-2022 | Current |
| Sanjay Gulati | Whole-Time Director | 28-Jun-2021 | Current |
| Arvind Sagar | Director | 28-Jun-2021 | Current |
Financial Performance of Isgec Heavy Engineering.
Isgec Heavy Engineering Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.84% increase. The company also saw a substantial improvement in profitability, with a 57.71% increase in profit. The company's net worth moved up by a moderate rise of 9.11%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Isgec Heavy Engineering?
In 2023, Isgec Heavy Engineering had a promoter holding of 62.43% and a public holding of 37.57%. The company had 5 Subsidiaries and 4 Joint Ventures. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
The United Provinces Sugar Company LimitedSidharth Prasad is a mutual person
L H Sugar Factories LimitedSidharth Prasad is a mutual person
Isgec Hitachi Zosen LimitedAditya Puri and Sanjay Gulati are mutual person
Isgec Engineering And Projects LimitedRanjit Puri, Aditya Puri and 1 more are mutual person
Isgec Redecam Enviro Solutions Private LimitedAditya Puri is a mutual person
Isgec Titan Metal Fabricators Private LimitedAditya Puri is a mutual person
Charges (Loans)
Open Charges
₹5,620.00 Cr
Satisfied Charges
₹9,189.23 Cr
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 5500.00 Cr
- Hdfc Bank Limited : 120.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 May 2024 | Hdfc Bank Limited | ₹120.00 Cr | Open |
| 15 Oct 2019 | Sbicap Trustee Company Limited | ₹5,500.00 Cr | Open |
| 25 Jan 2021 | Hdfc Bank Limited | ₹200.00 Cr | Satisfied |
| 16 Mar 2018 | Others | ₹200.00 Cr | Satisfied |
| 04 Feb 2015 | Export-Import Bank Of India | ₹100.00 Cr | Satisfied |
How Many Employees Work at Isgec Heavy Engineering?
Isgec Heavy Engineering has a workforce of 5834 employees as of Apr 04, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Isgec Heavy Engineering, 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 Isgec Heavy Engineering's trajectory.
Rating
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
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.
