Isgec Heavy Engineering Limited

This company manufactures heavy engineering equipment and provides EPC/turnkey services for various industries.

1933 | Yamuna Nagar, Haryana (India) | Active
Last Updated:

Isgec Heavy Engineering Profile

Key Indicators

  • Authorised Capital ₹ 8.50 Cr
  • Paid Up Capital ₹ 7.35 Cr
  • Company Age 92 Year, 3 Months
  • 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 three months. 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

  • CIN/LLPIN

    L23423HR1933PLC000097

  • Company No.

    000097

  • Stock Symbol

    BSE : 533033 NSE : ISGEC

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Jan 1933

  • Date of AGM

    28 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

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.

Company report

Isgec Heavy Engineering Limited

Explore comprehensive data for Isgec Heavy Engineering Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Isgec Heavy Engineering?

Executive Team (3)

NameDesignationAppointment DateStatus
Aditya Puri Country flag representing In Managing Director30-Apr-1996Current
Kishore Chatnani Country flag representing In CFO26-May-2014Current
Sachin Saluja Country flag representing In Company Secretary15-Nov-2022Current

Board Members (6)

NameDesignationAppointment DateStatus
Ranjit Puri Country flag representing In Director 14-Oct-1981Current
Sidharth Prasad Country flag representing In Director 31-Oct-2015Current
Vishal Marwaha Country flag representing In Director 30-Mar-2017Current
Rashi Sikka Country flag representing In Director 28-May-2022Current
Sanjay Gulati Country flag representing In Whole-Time Director 28-Jun-2021Current
Arvind Sagar Country flag representing In Director 28-Jun-2021Current

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%.

Isgec Heavy Engineering revenue growth over time
Isgec Heavy Engineering 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
4.84%
Revenue from Operations
4.67%
Total Assets
8.79%
Profit or Loss
57.71%
Net Worth
9.11%
EBITDA
43.26%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
09 May 2024Hdfc Bank Limited₹120.00 CrOpen
15 Oct 2019Sbicap Trustee Company Limited₹5,500.00 CrOpen
25 Jan 2021Hdfc Bank Limited₹200.00 CrSatisfied
16 Mar 2018Others₹200.00 CrSatisfied
04 Feb 2015Export-Import Bank Of India₹100.00 CrSatisfied

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.

Employee growth trends for Isgec Heavy Engineering Limited

Deals i

Graph showing company valuation over time

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

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 Isgec Heavy Engineering

Recent activity within the organization

  • Annual General Meeting

    Isgec Heavy Engineering Limited last Annual general meeting of members was held on 28 Aug 2024 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 120.00 Cr with Charge ID 100924475 was registered on 09 May 2024.

  • Charges

    A charge registered on 25 Jan 2021 via Charge ID 100414315 with Hdfc Bank Limited was fully satisfied on 19 Apr 2024.

  • Balance Sheet

    Isgec Heavy Engineering Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Director Appointment

    Rashi Sikka was appointed as a Director was appointed as a Director on 28 May 2022 & has been associated with this company since 2 years 11 months .

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 5,500.00 Cr registered on 15 Oct 2019 with Charge ID 100299476 was modified on 20 May 2022.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Isgec Heavy Engineering Limited?

    Isgec Heavy Engineering Limited was incorporated on 23 Jan 1933.

  • What is authorized share capital and paid-up capital of Isgec Heavy Engineering Limited?

    The authorized share capital of Isgec Heavy Engineering Limited is ₹ 8.50 Cr and paid-up capital is ₹ 7.35 Cr.

  • Who are the current board members & directors of Isgec Heavy Engineering Limited?

    Currently 10 directors are associated with Isgec Heavy Engineering Limited.

    • Ranjit Puri
    • Aditya Puri
    • Sidharth Prasad
    • Vishal Kirti Keshav Marwaha
    • Rashi Sikka
    • Sanjay Gulati
    • Arvind Sagar
    • Kishore Chatnani
    • Sachin Saluja
    • Kishore Chatnani

  • What is the registered address of Isgec Heavy Engineering Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Isgec Heavy Engineering Limited is Radaur Roadyamuna Nagar India, Haryana, 135001.

  • What is the corporate identification number (CIN) and company number of Isgec Heavy Engineering Limited?

    The corporate identification number (CIN) of Isgec Heavy Engineering Limited is L23423HR1933PLC000097 and the company number is 000097 as per Ministry of Corporate Affairs (MCA).

  • Is Isgec Heavy Engineering Limited registered with any stock exchange in India?

    Yes, Isgec Heavy Engineering Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): ISGEC.

  • What is the official website of Isgec Heavy Engineering Limited?

    The Official website of Isgec Heavy Engineering Limited is https://www.isgec.com

  • What has been the recent revenue trend for Isgec Heavy Engineering Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Isgec Heavy Engineering Limited has risen by 4.84%.

  • How many employees does Isgec Heavy Engineering Limited currently have?

    As Per 2023 financial reports, 5834 employees are currently employed by Isgec Heavy Engineering Limited.

  • What change has been observed in the net worth of Isgec Heavy Engineering Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Isgec Heavy Engineering Limited has experienced an upsurge of 9.11%.

  • What are the total open charges for Isgec Heavy Engineering Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Isgec Heavy Engineering Limited amount to ₹ 5,620.00 Cr.

  • When was the last Balance Sheet of Isgec Heavy Engineering Limited filed with the ROC?

    The most recent Balance Sheet for Isgec Heavy Engineering Limited was filed with the ROC on 31 Mar 2024.

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