190.65
+6.70%
Close of 9 Nov 2026, in INR
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About Indef Manufacturing
Its shares trade on NSE under the ticker BAJAJINDEF.NS. It has been listed since 21 February 2025. In the fiscal year to 31 March 2026, it reported revenue of ₹2.08bn and net income of ₹236.3m. At that date it held total assets of ₹3.32bn and shareholders' equity of ₹2.70bn.
Indef Manufacturing Ltd. is a company that engages in the manufacture of hoists, cranes, and other material handling equipment. The company is headquartered in Navi Mumbai, Maharashtra. The company went IPO on 2025-02-21. Its flagship products include Indef M, Indef C, DGEOT Crane, iR Series, IStacker, Electric Chain Hoist HC+, Gantry Crane, WRH I II III Hoist, HW Series, Indef R, Roll Out Racks, Electric Chain Hoist EH II (Baby), and others. Its offerings include ergonomic handling solutions, ergonomic handling solutions, material handling, manual hoists, EOT cranes manufacturers, storage and retrieval, storage and retrieval, and others. Its Double Girder EOT crane is armed with two cross-beams or girders on which the crab/trolley operates using a cross movement. Its product ranges from 50T to 70T with a span up to 35 meters. The company serves various industries, including oil and gas, engineering, auto and auto ancillary, cement, metals and other industries.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- N/A
- Industry
- N/A
- Listed since
- 21 Feb 2025
- Website
- indef.com ↗
Leadership
Pay as last reported
- Shri. Shekhar BajajNon-Executive Chairman of the Board₹310,000
- Shri. Bijay AgarwalChief Financial Officer
- Shri. Vineesh ThazhumpalCompany Secretary, Compliance Officer
- Shri. Debi PadhyVice President - Sales Direct and Export
- Shri. Amit BhallaManaging Director, Executive Director, since 2024₹21.4m
- Shri. Kiran MatkarSenior General Manager - Operation
- Mr. Vandan ShahNon-Executive Non-Independent Director
- Shri. Jayavanth MallyaIndependent Director₹660,000
- Ms. Girija BalakrishnanNon-Executive Independent Director₹340,000
- Shri. Vikram HosangadyNon-Executive Independent Director₹420,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Indef Manufacturing Ltd. manufactures hoists, cranes, and material handling equipment.
- The company's flagship products include Indef M, Indef C, DGEOT Crane, and iR Series.
- The company serves industries such as oil and gas, engineering, and auto ancillary.
Weaknesses
- The company has no specified sector or industry listed.
- The IPO date is in the future (2025-02-21).
- The website https://indef.com is provided but not verified.
Opportunities
- The company's product range spans from 50T to 70T with a span up to 35 meters.
- The company offers ergonomic handling solutions for various industries.
- The company's Double Girder EOT crane features two cross-beams for crab/trolley operation.
Threats
- The company's website is unverified and may not be reliable.
- The IPO date is in the future, which may affect market perception.
- The company lacks a specified sector or industry, which could limit market understanding.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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