Isgec Heavy Engineering Limited - Company Profile

It is a engineering public limited company based in Haryana, Haryana, India, established in 1933.

1933 Haryana, Haryana, India Active

Last Updated: December 22, 2025

About Isgec Heavy Engineering Limited

Isgec Heavy Engineering Limited, a active public limited company, was established on 23 January 1933 in Haryana, Haryana, India. Engaging in engineering within the manufacturing sector, it holds CIN: L23423HR1933PLC000097. Registered under ROC Roc Delhi. it is listed on BSE: 533033 and NSE: ISGEC. It has an authorized capital of ₹8.50 Cr and a paid-up capital of ₹7.35 Cr.

Formerly known as Saraswati Industrial Syndicate Limited, The Saraswati Sugar Syndicate Limited. It upholds a compliant status. In 2023, it reported revenue of ₹4,686.91 Cr and a net worth of ₹1,945.71 Cr. Employing 5,834 professional, Its leadership includes Sanjay Gulati (Managing Director), Arvind Sagar (Director), Sachin Saluja (Nodal Officer). Past directors included Sanjay Gulati, Sidharth Prasad, Tahir Hasan. It holds ₹6,204.60 Cr open charges and ₹9,189.23 Cr settled loans. Its latest AGM occurred on 16 September 2025, with the balance sheet filed on 31 March 2025. It is based at Radaur Roadyamuna Nagar, Haryana, Haryana, 135001.

Company Details

CIN/LLPIN
L23423HR1933PLC000097
Registration Number
000097
Incorporation Date
23 January 1933
Authorized Capital
₹8.50 Cr
Paid-Up Capital
₹7.35 Cr
ROC Code
Roc Delhi
Listing Status
Listed (BSE: 533033, NSE: ISGEC)
Company Status
Active

Key Metrics

Authorised Capital ₹ 8.50 Cr as on 22-12-2025
Paid Up Capital ₹ 7.35 Cr as on 22-12-2025
Company Age 93 Year, 19 Days
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 6,204.60 Cr as on 22-12-2025
Satisfied Charges ₹ 9,189.23 Cr as on 22-12-2025
Revenue Growth **** 4.84% (FY 2023)
Profit Growth **** 57.71% (FY 2023)
Ebitda **** 43.26% (FY 2023)
Net Worth 9.11% (FY 2023)
Total Assets **** 8.79% (FY 2023)

Comprehensive Company Insights

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

Access Report

Who are the key members and board of directors at Isgec Heavy Engineering Limited?

Current Directors

Name	Designation	Appointment Date	Status
Sanjay Gulati	Managing Director	01 Oct 2025	Current
Arvind Sagar	Director	28 Jun 2021	Current
Sachin Saluja	Nodal Officer	17 Nov 2022	Current
Ranjit Puri	Director	14 Oct 1981	Current
Aditya Puri	Managing Director	30 Apr 1996	Current
Rajiv Roychaudhury	Director	08 Jul 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	17 Sep 2021	Past
Pramod Abcsdd	Additional Director	10 Aug 2016	Past
Pramod Abcsdd	Director	18 Sep 2020	Past
Pramod Abcsdd	Additional Director	28 Mar 2009	Past
Pramod Abcsdd	Company Secretary	01 Jun 2022	Past
Pramod Abcsdd	Director	18 Sep 2020	Past

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Financial Performance of Isgec Heavy Engineering.

Isgec Heavy Engineering Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.84% increase. The company also saw a substantial improvement in profitability, with a 57.71% increase in profit. The company's net worth moved up by a moderate rise of 9.11%.

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

********

4.84%

*******

Revenue from Operations

*******

4.67%

*******

Total Assets

*******

8.79%

*******

Profit or Loss

*******

57.71%

*******

Net Worth

*******

9.11%

*******

EBITDA

*******

43.26%

*******

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What is the Ownership and Shareholding Structure of Isgec Heavy Engineering?

In 2023, Isgec Heavy Engineering had a promoter holding of 62.43% and a public holding of 37.57%. The company had 5 Subsidiaries and 4 Joint Ventures. 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

₹62,046,000,000.00

Satisfied Charges

₹91,892,258,000.00

Charges Breakdown by Lending Institutions

Sbicap Trustee Company Limited : 5500.00 Cr
Others : 584.60 Cr
Hdfc Bank Limited : 120.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
28 Aug 2025	Others	₹149.60 Cr	Open
16 Jun 2025	Others	₹435.00 Cr	Open
09 May 2024	Hdfc Bank Limited	₹120.00 Cr	Open
15 Oct 2019	Sbicap Trustee Company Limited	₹5,500.00 Cr	Open
25 Jan 2021	Hdfc Bank Limited	₹200.00 Cr	Satisfied

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How Many Employees Work at Isgec Heavy Engineering?

Isgec Heavy Engineering has a workforce of 5834 employees as of Apr 04, 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 Isgec Heavy Engineering, 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 Isgec Heavy Engineering'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 Isgec Heavy Engineering

Recent Activity within the Organization

Director Appointment

The activity Sanjay Gulati was appointed as a Managing Director was appointed as a Managing Director on 01 Oct 2025 & has been associated with this company since 4 months 13 days . was completed.
01 Oct 2025
Director Appointment

Progress on Kishore Chatnani was appointed as a Managing Director was appointed as a Managing Director on 01 Oct 2025 & has been associated with this company since 4 months 13 days . was documented.
01 Oct 2025
Annual General Meeting

The activity Isgec Heavy Engineering Limited last Annual general meeting of members was held on 16 Sep 2025 as per latest MCA records. was completed.
16 Sep 2025
Charges

The activity A charge with Others amounted to Rs. 149.60 Cr with Charge ID 101146813 was registered on 28 Aug 2025. was completed.
28 Aug 2025
Director Appointment

The activity Rajiv Roychaudhury was appointed as a Director was appointed as a Director on 08 Jul 2025 & has been associated with this company since 7 months 6 days . was completed.
08 Jul 2025
Director Appointment

Vivek Dhir was appointed as a Director was appointed as a Director on 08 Jul 2025 & has been associated with this company since 7 months 6 days . was recorded as a recent event.
08 Jul 2025

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