Indef Manufacturing Limited
186.70
INR
-5.05
(-2.63%)
ISIN
INE0O9T01021
Return %
Stock
S&P 500
1Y
-53.79
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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INR
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Quarterly Revenue
INR
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in mil. unless spec.Quarterly Earnings Per Share
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INR
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in mil. unless spec.Company Description
- CEO
- Amit Bhalla
- Full Time Employees
- 188
- Sector
- Producer manufacturing
- Industry
- Trucks/Construction/Farm machinery
- Address
- Shelton Cubix, 501-504 Navi Mumbai MA India 400614
- IPO Date
- Feb 21, 2025
- Website
- indef.com
- Similar Companies
- Business
- Indef Manufacturing Ltd Indef Manufacturing Ltd (BAJAJINDEF:NS) manufactures hoists, cranes and other material handling equipment for industrial applications; its core products encompass electric chain hoists including CH III Series, CH IV Proton Chain Electric Hoist, HC+ and EH II (Baby); wire rope hoists such as HW Series, iR Series, WRH I II III and Indef R; mechanical hoists comprising chain pulley blocks like Indef C and Indef M, ratchet lever hoists including S Pro and manual pulling lifting machines; cranes featuring EOT cranes, single girder EOT cranes, gantry cranes, semi gantry cranes, jib cranes and LR Plus cranes; along with stackers like iStacker, manipulators, light rail handling systems, floor operated stackers, mini storage/retrieval systems, DGEOT cranes, roll out racks and crane kits. The company, resulting from the 2024 demerger and transfer of manufacturing business from Hercules Hoists Limited including sales, service, distribution and marketing of mechanical hoists, electric chain hoists and wire rope hoists, operates from its manufacturing facility in Chakan, Pune, with headquarters in Mumbai, India, and maintains a pan-India distribution network serving industries such as automotive, engineering, cement, steel, pharmaceuticals, petrochemicals, power generation, food processing, paper, packaging, metals, textiles and renewable energy. Indef Manufacturing Ltd supports customers through comprehensive after-sales services including on-site and on-call technical support, crane/hoist health check-ups, annual maintenance contracts and operator training programs. In August 2025, the company acquired an 80% equity stake in Daedalus Lift & Access Equipment for approximately Rs 50.8 million to expand into access equipment, enhance its product portfolio with hoists, cranes and lifting platforms, improve service delivery via quicker response times and leverage Daedalus' innovation for its Vision 500 growth strategy targeting Rs 500 crore revenue; this strategic move integrates Daedalus' offerings with Indef's manufacturing infrastructure and nationwide presence to drive exponential growth in material handling solutions. Bajaj Indef, carrying forward a legacy established in 1962 as part of the Bajaj Group, focuses on heavy-duty solutions tailored for engineering assembly, machine shops, automotive body and paint shops, foundries, warehouses, logistics, construction and more, emphasizing precision, safety, efficiency and post-sales reliability.