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    CRANEX LTD.

    10 April 2026 | 03:41

    Industry >> Engineering - Heavy

    Select Another Company

    ISIN No INE608B01010 BSE Code / NSE Code 522001 / CRANEX Book Value (Rs.) 38.77 Face Value 10.00
    Bookclosure 30/09/2024 52Week High 99 EPS 2.96 P/E 25.66
    Market Cap. 49.93 Cr. 52Week Low 56 P/BV / Div Yield (%) 1.96 / 0.00 Market Lot 1.00
    Security Type Other

    History of Company

    The company history sections lists out major chronological events that happened to the company.
    Cranex Ltd., formerly known as Cranex Pvt. Ltd., was incorporated in 1973 under the Companies Act 1956 as a Private Limited Company with main object of manufacturing E.O.T. Cranes. The Company was promoted by Mr.S.C. Agrawal.

    The company became public on 1st August, 1985 . The first public issue was in November 1985.

    The company has a technical collaboration with KUHEZUG FORDERTECHNIK GmbH of Germany.

    The company formed a wholly owned subsidiary in U.S.A. for developing exports under the name and style "Cranex International Inc." in Greater Washington, U.S.A. and certificate of incorporation was granted by the U.S.A. authorities on 15th April, 1994. Application for investment in the equity of the Co. is pending with the Central Govt.

    Cranex has its manufacturing facility measuring about 4,200 square meters located at Sahibabad Industrial Area, about 14kms. from New Delhi.

    -Cranex is one of the few manufacturers which has manufactured cranes upto a lifting capacity of 200 T, and upto a span of upto 60 metres

    2000 - The Company has signed an open-letter agreement with Maryland University, US, for commercial applications of their latest invention of Real Time operating system which has a $6-billion per year market potential. 

              - The Company has decided to defer the proposal for allotment of 10
             lakh equity shares on private placement basis due to unavoidable
             reasons.
    - The Company has signed an agreement with CDSL, NSDL and AOK In-House Share Registry (R&T Agents) for dematerialisation.

    - The Company has signed an agreement with University of Washington - Seattle, US, one of the top ten universities in the US for providing Internet-based education leading to masters degree in computer science. The Company is setting up 250 centers spread across Inida in collaboration with the University of Washington.

    2007

    - Cranex - E-mail ID for Investor's Grievances are cranex_investors.complaints@yahoo.co.in

    Way2Wealth Brokers Private Limited - CIN U67120KA2000PTC027628 Stock Broking: SEBI Regn No.: INZ000178638 | Exchange Membership ID: NSE: 11502, BSE: 3117, MSEI:51000, MCX: 56730 Depository Participant: SEBI Regn No. IN-DP-472-2020 | CDSL ID: 12062900 & 12031500, NSDL ID: IN303077 | Research Analyst: SEBI Regn No. INH200008705 | PMS: SEBI Regn No.INP000000829 | Register with AMFI ARN: 77558 (Date of Initial registration - 8th Dec 2009, Date of expiry - 24th Jan 2027) | PFRDA: POP226012019

    Way2Wealth Commodities Private Limited - CIN U51229KA2006PTC039880 Stock Broking: SEBI Regn No.: INZ000049130 | Exchange Membership ID: NCDEX : 00908

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