Harsha Engineers Limited - Company Profile

Q: Who are the current directors of Harsha Engineers Limited?

The current directors of Harsha Engineers Limited are Hetal Brijesh Ukani, Rajendra Shantilal Shah, Pilak Rajendra Shah, Vishal Harish Rangwala, Harish Ranjit Rangwala, Kunal Dilipbhai Shah, Ambar Jayantilal Patel, Maulik Sureshkumar Jasani, Neharika Vohra.

It is a machinery and equipment public limited company based in Ahmedabad, Gujarat, India, established in 1986.

1986 Ahmedabad, Gujarat, India Amalgamated

Last Updated: July 23, 2025

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About Harsha Engineers Limited

Harsha Engineers Limited, a amalgamated public limited company, was established on 04 March 1986 in Ahmedabad, Gujarat, India. Engaging in industrial tools & components within the manufacturing sector, it holds CIN: U29259GJ1986PLC008520. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹35.00 Cr and a paid-up capital of ₹24.08 Cr.

Formerly known as Harsha Engineers Private Limited. It upholds a compliant status. Employing 1,884 professional, Its leadership includes Hetal Brijesh Ukani (Whole-Time Director), Rajendra Shantilal Shah (Whole-Time Director), Pilak Rajendra Shah (Whole-Time Director). Past directors included Hetal Brijesh Ukani, Rajendra Shantilal Shah, Jitendra Ujamsi Mamtora. It holds no open charges and ₹380.68 Cr settled loans. Its latest AGM occurred on 21 September 2020, with the balance sheet filed on 31 March 2020. It is based at Changodar, Sarkhej-Bavla Road, Po Changodar,, Ahmedabad, Gujarat, 382213.

Company Details

CIN/LLPIN
U29259GJ1986PLC008520
Registration Number
008520
Incorporation Date
04 March 1986
Authorized Capital
₹35.00 Cr
Paid-Up Capital
₹24.08 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 35.00 Cr as on 23-07-2025
Paid Up Capital ₹ 24.08 Cr as on 23-07-2025
Company Age 39 Year, 11 Months
Last Filing with ROC 31 Mar 2020
Satisfied Charges ₹ 380.68 Cr as on 23-07-2025
Revenue Growth **** -12.20% (FY 2020)
Profit Growth **** -38.60% (FY 2020)
Ebitda **** -26.07% (FY 2020)
Net Worth 8.12% (FY 2020)
Total Assets **** 2.95% (FY 2020)

Comprehensive Company Insights

Explore comprehensive insights into Harsha Engineers Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Harsha Engineers Limited?

Current Directors

Name	Designation	Appointment Date	Status
Hetal Brijesh Ukani	Whole-Time Director	21 Nov 2019	Current
Rajendra Shantilal Shah	Whole-Time Director	04 Mar 1986	Current
Pilak Rajendra Shah	Whole-Time Director	01 Apr 2010	Current
Harish Ranjit Rangwala	Managing Director	01 Apr 2010	Current
Kunal Dilipbhai Shah	Director	10 Aug 2018	Current
Vishal Harish Rangwala	Whole-Time Director	21 Jun 2010	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	01 Mar 2018	Past
Pramod Abcsdd	Managing Director	11 Sep 2014	Past
Pramod Abcsdd	Director	09 Aug 2018	Past
Pramod Abcsdd	Director	10 Nov 2015	Past
Pramod Abcsdd	Cfo(Kmp)	16 May 2019	Past
Pramod Abcsdd	Ceo(Kmp)	10 Aug 2018	Past

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Financial Performance of Harsha Engineers.

Harsha Engineers Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 12.2% decrease. The company also saw a substantial fall in profitability, with a 38.6% decrease in profit. The company's net worth moved up by a moderate rise of 8.12%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

-12.20%

*******

Revenue from Operations

*******

-10.49%

*******

Total Assets

*******

2.95%

*******

Profit or Loss

*******

-38.60%

*******

Net Worth

*******

8.12%

*******

EBITDA

*******

-26.07%

*******

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What is the Ownership and Shareholding Structure of Harsha Engineers?

In 2020, Harsha Engineers had a promoter holding of 60.42% and a public holding of 39.58%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹3,806,750,000.00

Charges Breakdown by Lending Institutions

Citi Bank N.A. : 169.00 Cr
State Bank Of India : 61.45 Cr
Others : 60.00 Cr
Hdfc Bank Limited : 35.00 Cr
Icici Bank Limited : 33.63 Cr
Others : 21.60 Cr

Latest Charge Details

Date	Lender	Amount	Status
24 Apr 2017	Citi Bank N.A.	₹169.00 Cr	Satisfied
24 Feb 2016	Others	₹60.00 Cr	Satisfied
15 Sep 2014	Hdfc Bank Limited	₹35.00 Cr	Satisfied
07 Nov 2012	Icici Bank Limited	₹11.25 Cr	Satisfied
05 Sep 2011	Citibank N.A.	₹9.00 Cr	Satisfied

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How Many Employees Work at Harsha Engineers?

Harsha Engineers has a workforce of 1884 employees as of Apr 06, 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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Harsha Engineers, 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 Harsha Engineers'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.

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Latest Updates, News, and FAQs on Harsha Engineers

Recent Activity within the Organization

Charges

Progress on A charge registered on 24 Apr 2017 via Charge ID 100100844 with Citi Bank N.A. was fully satisfied on 17 Dec 2021. was documented.
17 Dec 2021
Charges

A charge registered on 15 Sep 2014 via Charge ID 10522847 with Hdfc Bank Limited was fully satisfied on 06 Sep 2021. was recorded as a recent event.
06 Sep 2021
Charges

Progress on A charge registered on 24 Feb 2016 via Charge ID 10621603 with Others was fully satisfied on 12 Apr 2021. was documented.
12 Apr 2021
Annual General Meeting

Harsha Engineers Limited last Annual general meeting of members was held on 21 Sep 2020 as per latest MCA records. was recorded as a recent event.
21 Sep 2020
Balance Sheet

Progress on Harsha Engineers Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Ahmedabad. was documented.
31 Mar 2020
Director Appointment

Progress on Hetal Brijesh Ukani was appointed as a Whole-time director was appointed as a Whole-time director on 21 Nov 2019 & has been associated with this company since 6 years 2 months . was documented.
21 Nov 2019

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