About Indiana Engineering Works (Bombay) Pvt Ltd
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Indiana Engineering Works (Bombay) Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 03 July 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28920MH1982PTC027701. Its GSTIN is 27AAACI1465N1ZC (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹9.8 Lakh. It is led by directors including Prashant Gobind Hingorani (Managing Director) and Suparna Sameer Mehra.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Indiana House Makwana Road Off M V Road Andheri East, Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2022, the company reported a revenue of ₹12.83 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹41.73 Cr (net margin 325.3%) and EBITDA of ₹67.34 Cr. Revenue has grown at a compounded annual rate (CAGR) of 298% over three years and 13% over five years.
Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹67 Cr and satisfied charges of ₹13.99 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 3 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in July 2024. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 2 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indianagroup.com.
Company details
Contact details
Indiana Engineering Works (Bombay) Pvt Ltd's registered office is in Mumbai, Maharashtra. Its website is indianagroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressIndiana House Makwana Road Off M V Road Andheri East, Mumbai, Maharashtra, India – 400059
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of Indiana Engineering Works (Bombay) Pvt Ltd, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activities of Indiana Engineering Works (Bombay) are real estate and electricity, gas, steam and air condition supply. In detail, this covers real estate activities with own or leased property and electric power generation, transmission and distribution. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Indiana Engineering Works (Bombay) Pvt Ltd, buy the company report.
Financials of Indiana Engineering Works (Bombay) Pvt Ltd
FY 2022 filings availableIndiana Engineering Works (Bombay) Pvt Ltd reported revenue of ₹12.83 Cr (up 13% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 13% growth in the latest year. EBITDA fell 7% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹12.83 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹67.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹41.73 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | 325.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Indiana Engineering Works (Bombay) Pvt Ltd, buy the company report.
Board of directors of Indiana Engineering Works (Bombay) Pvt Ltd
Indiana Engineering Works (Bombay) has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Gobind Hingorani Also directs: Indiana Conveyors Private Limited, World Engineering Services Private Limited, Indiana Gratings Private Limited and 1 more | Managing Director | 01 Dec 2004 | 21 Years 11 Months | Current |
| Suparna Sameer Mehra Also directs: SS Mehra Consultants LLP, Thrive Organic India Private Limited | Director | 29 Jun 2019 | 7 Years 4 Months | Current |
| Padma Gobind Hingorani Also directs: Indiana Conveyors Private Limited, World Engineering Services Private Limited, Indiana Gratings Private Limited and 1 more | Director | 21 Dec 2021 | 4 Years 10 Months | Current |
Auditor
Indiana Engineering Works (Bombay) Pvt Ltd is audited by RAJENDRA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJENDRA & CO. | FY 2022 | 108355W |
Shareholding
The shareholding of Indiana Engineering Works (Bombay) Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indiana Engineering Works (Bombay) Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2024 | 101074079 | Hdfc Bank Limited | ₹60 Cr | Open | |
| 13 May 2013 | 10425667 | Icici Bank Limited | ₹7 Cr | Open | |
| 20 Mar 2013 | 10425152 | Corporation Bank | ₹68.68 Lakh | Satisfied | |
| 16 Feb 2007 | 10038582 | Corporation Bank | ₹2.9 Cr | Satisfied | |
| 27 May 2006 | 10010093 | Corporation Bank | ₹2.75 Cr | Satisfied |
To see the full charge records of Indiana Engineering Works (Bombay) Pvt Ltd, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Indiana Engineering Works (Bombay) Pvt Ltd has 2 deals on record (2 secondary share transfers); the latest was in July 2024.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Indiana Engineering Works (Bombay) Pvt Ltd has 7 court cases on record: 4 filed by Indiana Engineering Works (Bombay), 3 filed against it. 3 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 2 | 2 |
| District courts | 2 | 1 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Khurda, Odisha | Arbitration matter | Filed against the company by Odisha Mining Corporation Limited | Pending |
| High Court of Orissa | Court case (RVWPET) | Filed by the company against Odisha Mining Corporation Limited and 1 other | Pending |
| High Court | Arbitration matter | Filed by the company against Engineering Projects India Ltd Through Its Chairman Cum Managing Director | Pending |
| High Court of Orissa | Appeal | Filed against the company by Odisha Mining Corporation Ltd., BBSR | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (LC) | Filed by the company against Riya Travel and Tours (India) Private Limited | Disposed |
To see the full case history of Indiana Engineering Works (Bombay) Pvt Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Indiana Engineering Works (Bombay) Pvt Ltd has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Advanced FMS and Security Services Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Indiana Engineering Works (Bombay) Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Indiana Engineering Works (Bombay) has 2 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Indiana Conveyors Private Limited | U29150MH1988PTC049370 | |
| Indiana Gratings Private Limited | U31300MH1997PTC105716 |
To see the full group structure of Indiana Engineering Works (Bombay) Pvt Ltd, buy the company report.
GST
Indiana Engineering Works (Bombay) has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI1465N1ZC | Maharashtra | Active | 01 Jul 2017 |
| 33AAACI1465N1ZJ | Tamil Nadu | Active | 29 Mar 2019 |
To see the full GST registrations and return filing status of Indiana Engineering Works (Bombay) Pvt Ltd, buy the company report.
Recent activity
Indiana Engineering Works (Bombay) Pvt Ltd has 8 board changes on record since 2004: 3 appointments and 5 cessations. The latest: Prashant Gobind Hingorani ceased to be Director on 03 Jun 2022.
13 earlier events are in the company report.
Frequently asked questions
Indiana Engineering Works (Bombay) is an active private limited company based in Mumbai, Maharashtra, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 03 July 1982 (44+ years old) and is registered under CIN U28920MH1982PTC027701.
Indiana Engineering Works (Bombay) has 3 current directors:
- Prashant Gobind Hingorani - Managing Director
- Suparna Sameer Mehra - Director
- Padma Gobind Hingorani - Director
The latest financial statements of Indiana Engineering Works (Bombay) on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Indiana Engineering Works (Bombay) is 27AAACI1465N1ZC, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAACI1465N1ZJ (Tamil Nadu).
The CIN (Corporate Identification Number) of Indiana Engineering Works (Bombay) is U28920MH1982PTC027701. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indiana Engineering Works (Bombay) has 7 court cases on record: 4 filed by the company and 3 filed against it. 3 are pending. Most are in the high courts.
Indiana Engineering Works (Bombay) was incorporated on 03 July 1982, making it 44+ years old. It is registered with the Registrar of Companies, Mumbai.
Indiana Engineering Works (Bombay) has 2 deals on record (2 secondary share transfers); the latest was in July 2024.
Prashant Gobind Hingorani ceased to be Director on 03 Jun 2022. Padma Gobind Hingorani was appointed as Director on 21 Dec 2021. Suparna Sameer Mehra ceased to be Additional Director on 30 Sep 2019. Indiana Engineering Works (Bombay) has 8 board changes on record in total.
Indiana Engineering Works (Bombay) has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 2 micro and small suppliers. The latest return was filed on 01 Jun 2019.
Indiana Engineering Works (Bombay) can be reached through the website indianagroup.com. Its registered office is in Mumbai, Maharashtra, India.
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