About IEW Cranes
IEW Cranes is an Industrial Goods & Manufacturing company based in Pune (India) founded in 2009. It operates as a cranes manufacturing, services, and expertise in heavy fabrication for industrial sectors in India. The company has 2 employees. Its Indian entity Iew Cranes Private Limited reported revenue of ₹5.48 Cr. IEW Cranes offers products and services including EOT Cranes and Crane Maintenance Services. Its focus areas include Manufacturing, Industrial Equipment, Cranes and Lifting and Overhead Cranes.
Company details
IEW Cranes is recognized as a family-owned business that specializes in the design, manufacture, and installation of cranes ranging from 500 KG to 250 tons, with compliance to ISO 9001:2008 standards. High-quality components are produced in-house to support product durability, while services such as maintenance and emergency support are extended across India. A new vertical under Absolute Engineers Equipments LLP is utilized to deliver round-the-clock specialized assistance, ensuring long-term partnerships through efficient manufacturing and customer-focused practices. Operations are based in Pune, focusing on sectors like automotive and infrastructure.
- Headquarters Pune, India
- Employees 2
- SectorsIndustrial Goods & Manufacturing
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- Legal Name Iew Cranes Pvt Ltd
- Date of Incorporation 21 Mar, 2011
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹5.48 Cr
FY 2024 · +53% YoY
- Net Profit₹3.2 Lakh
FY 2024 · 1% margin
- EBITDA₹10.6 Lakh
FY 2024 · 2% margin
- Employee Count2
Associated legal entities of IEW Cranes
IEW Cranes operates through Iew Cranes Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Iew Cranes Private Limited CIN U29100PN2011PTC138949 | Active | 21 Mar 2011 | Pune, Maharashtra | ₹5.5 Cr | 2 | 3 | View details |
Products & Services of IEW Cranes
IEW Cranes offers a comprehensive portfolio of products and services, including EOT Cranes and Crane Maintenance Services.
EOT cranes are manufactured for light to heavy-duty handling operations, including lifting and shifting in various sectors.
Crane maintenance services are provided to ensure equipment reliability through overhauling, inspections, and emergency support.
Board of directors of Iew Cranes Private Limited (IEW Cranes)
Iew Cranes Private Limited is the primary company behind IEW Cranes. The board of Iew Cranes Private Limited currently have 3 directors; the longest-serving is Nilesh Mohanlal Patel, appointed in 2019. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nilesh Mohanlal Patel DIN 03604542 | Director | 01 May 2019 | 7 yrs 5 mo | Iew Cranes Private Limited |
| Sumit Pravin Patel DIN 09200066 | Director | 11 Jun 2021 | 5 yrs 4 mo | Iew Cranes Private Limited |
| Nilesh Purushottam Patel DIN 09200061 | Director | 11 Jun 2021 | 5 yrs 4 mo | Iew Cranes Private Limited |
Financials of IEW Cranes
Figures of Iew Cranes Private Limited, the primary company behind IEW Cranes, for FY 2024. Revenue was ₹5.48 Cr (+53% year on year). Net profit was ₹3.2 Lakh (1% margin). EBITDA was ₹10.6 Lakh (2% margin). Revenue has grown at a compounded annual rate of -4% over three years and +14% over five years.
- ₹5.48 CrRevenue · FY 2024 · +53% YoY
- ₹3.2 LakhNet profit · 1% margin
- ₹10.6 LakhEBITDA · 2% margin
- ₹1.30 CrPaid-up capital
- 2Employees (provident fund records)
- -4%Revenue CAGR, 3 years
- +14%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Iew Cranes Private Limited are on its company page.
Detailed financial statements for IEW Cranes
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Top companies in Construction Equipment and Machinery
10 companies that operate in the same segment as IEW Cranes (Construction Equipment and Machinery), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial tools and equipment are supplied globally by Kennametal. | 1938 | Latrobe, Pennsylvania, United States | – | USD 1.97 B | 8,119 | |
Capital goods for agriculture and construction are manufactured by CNH. | 2012 | Basildon, Essex, United Kingdom | – | USD 18.1 B | 35,850 | |
Engineering and automation solutions are provided for diverse industries. | 1946 | Mumbai, Maharashtra, India | – | USD 30.48 B | 412,970 | |
Construction and industrial equipment is rented across North America. | 1983 | Fort Mill, South Carolina, United States | – | – | – | |
Construction machinery is manufactured and supplied by the group worldwide. | 1999 | China | – | USD 1.75 K | – | |
Tractors and mechanized off-highway equipment are manufactured. | 1837 | Moline, Illinois, United States | – | USD 45.63 B | – | |
Industrial tools and household hardware are manufactured. | 1843 | Baltimore, Maryland, United States | – | USD 15.13 B | 48,500 | |
Precision components are manufactured for various industries. | 1980 | West Fargo, North Dakota, United States | – | USD 2.43 B | 3,650 | |
Construction and mining equipment, engines, and locomotives are manufactured. | 1925 | United States | – | USD 67.59 B | 112,900 | |
Construction and mining equipment, engines, and locomotives are manufactured. | 1993 | United States | – | – | – |
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Frequently Asked Questions about IEW Cranes
IEW Cranes was founded in 2009.
IEW Cranes is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
IEW Cranes has 2 employees.
The primary company behind IEW Cranes, Iew Cranes Private Limited, reported revenue of ₹5.48 Cr for FY 2024, up 53% year on year.
IEW Cranes is recognized as a family-owned business that specializes in the design, manufacture, and installation of cranes ranging from 500 KG to 250 tons, with compliance to ISO 9001:2008 standards. High-quality components are produced in-house to support product durability, while services such as maintenance and emergency support are extended across India. A new vertical under Absolute Engineers Equipments LLP is utilized to deliver round-the-clock specialized assistance, ensuring long-term partnerships through efficient manufacturing and customer-focused practices. Operations are based in Pune, focusing on sectors like automotive and infrastructure.
IEW Cranes offers EOT Cranes and Crane Maintenance Services.
IEW Cranes operates through Iew Cranes Private Limited.
The legal entities of IEW Cranes currently have 3 directors, including Sumit Pravin Patel, Nilesh Purushottam Patel, Nilesh Mohanlal Patel.