About Indsur Gears
Indsur Gears was a Transportation, Automotive & Logistics company based in Mumbai (India) founded in 1994. It produces high-quality steel products for automobile castings and other industrial applications. It operates on a B2B model. The company has 43 employees. Indsur Gears has completed 1 acquisition, including Premium Transmission. Its Indian entity Igl Industries Limited reported revenue of ₹24.84 Cr. The company is recorded as dissolved. Its focus areas include Manufacturing, Metals and Materials, Automotive Components and Steel Castings. Its competitors include UNO Minda and Rane Group; 1 of its 2 listed competitors has raised funding.
Company details
Indsur Gears, founded in 1994 in Mumbai, India, focuses on producing manufactured goods, metals and materials, automotive components, and steel castings. Produces high-quality steel products for automobile castings and other industrial applications. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Mumbai, India
- Employees 43
- SectorsTransportation, Automotive & Logistics
- Website indsur.com
- Legal Name Igl Industries Limited
- Date of Incorporation 15 Apr, 2011
- Jurisdiction Aurangabad, Maharashtra, India
- Annual Revenue₹24.84 Cr
FY 2025 · -15% YoY
- Net Loss-₹5.24 Cr
FY 2025 · -21% margin
- EBITDA-₹61.6 Lakh
FY 2025 · -2% margin
- Employee Count43
- Investments & Acquisitions
Associated legal entities of Indsur Gears
Indsur Gears operates through Igl Industries Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Igl Industries Limited CIN U29253MH2011PLC216318 | Active | 15 Apr 2011 | Aurangabad, Maharashtra | ₹24.8 Cr | 43 | 3 | View details |
Board of directors of Igl Industries Limited (Indsur Gears)
Igl Industries Limited is the primary company behind Indsur Gears. The board of Igl Industries Limited currently have 3 directors; the longest-serving is Sureshbhai Mensibhai Mokariya, appointed in 2026. 13 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sureshbhai Mensibhai Mokariya DIN 11225881 | Additional Director | 25 Feb 2026 | 7 mo | Igl Industries Limited |
| Pawan Kumar Nagar DIN 11278964 | Additional Director | 25 Feb 2026 | 7 mo | Igl Industries Limited |
| Yogesh Singh DIN 11572895 | Additional Director | 25 Feb 2026 | 7 mo | Igl Industries Limited |
Financials of Indsur Gears
Figures of Igl Industries Limited, the primary company behind Indsur Gears, for FY 2025. Revenue was ₹24.84 Cr (-15% year on year). Net loss was -₹5.24 Cr (-21% margin). EBITDA was -₹61.6 Lakh (-2% margin). Revenue has grown at a compounded annual rate of -22% over three years and -18% over five years.
- ₹24.84 CrRevenue · FY 2025 · -15% YoY
- -₹5.24 CrNet loss · -21% margin
- -₹61.6 LakhEBITDA · -2% margin
- ₹4.94 CrPaid-up capital
- 43Employees (provident fund records)
- -22%Revenue CAGR, 3 years
- -18%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Igl Industries Limited are on its company page.
Detailed financial statements for Indsur Gears
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Investments & Acquisitions by Indsur Gears
Indsur Gears has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Premium Transmission.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of power transmission solutions and products | premium-transmission.com | Pune, India | 1961 | Aug 2011 | •••• |
Complete acquisition details for Indsur Gears
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Timeline of Indsur Gears
2 dated milestones of Indsur Gears across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Indsur Gears is founded.
- Acquisition Acquires Premium Transmission.
Competitors of Indsur Gears
Indsur Gears has 2 listed competitors in our database, 1 of them funded. They include UNO Minda and Rane Group.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| unominda.com | 1958 | Gurugram, India | $259.53M | 2,509 | Manufacturer and supplier of major auto components to OEMs and tier 1 companies | |
| ranegroup.com | 1929 | Chennai, India | 172 | Major auto components are manufactured and supplied to OEMs. |
Detailed competitors of Indsur Gears
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Top companies in Automotive Manufacturing & Components
3 companies that operate in the same segment as Indsur Gears (Automotive Manufacturing & Components) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electrical and electronic parts for automobiles are provided by SEDEMAC. | 2007 | Pune, Maharashtra, India | USD 26.22 M | USD 32.69 M | 415 | |
Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 & 4 wheelers, passenger, and cargo vehicles | 1994 | Mumbai, Maharashtra, India | USD 137.89 M | USD 17.06 B | 33,980 | |
Lithium-ion batteries for electric vehicles are manufactured across categories. | 2006 | Gurugram, Haryana, India | USD 34.18 M | 177 |
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Frequently Asked Questions about Indsur Gears
Indsur Gears was founded in 1994.
Indsur Gears is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Indsur Gears has 43 employees.
The primary company behind Indsur Gears, Igl Industries Limited, reported revenue of ₹24.84 Cr for FY 2025, down 15% year on year.
Indsur Gears, founded in 1994 in Mumbai, India, focuses on producing manufactured goods, metals and materials, automotive components, and steel castings. Produces high-quality steel products for automobile castings and other industrial applications. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Indsur Gears's top competitors include UNO Minda and Rane Group.
Indsur Gears has made 1 acquisition, including Premium Transmission.
Indsur Gears operates through Igl Industries Limited.
The legal entities of Indsur Gears currently have 3 directors, including Sureshbhai Mensibhai Mokariya, Pawan Kumar Nagar, Yogesh Singh.