Indef Manufacturing Share Price

Indef Manufacturing Limited was incorporated in Mumbai, Maharashtra as a public company, pursuant to a certificate of incorporation dated 12th September, 2022, issued by the Registrar of Companies, Mumbai. The Company was incorporated to undertake the businesses of manufacturing of hoists, cranes and other material handling equipment i.e. the business of Hercules Hoists Limited and specifically the Manufacturing Business. The Scheme of Arrangement for Demerger between Hercules Hoists Limited (HHL) and the Company was implemented in August, 2024. Pursuant to the scheme transfer, manufacturing business of the holding Company, i.e. Hercules Hoists Limited was transferred to the Company by way of demerger to segregate the manufacturing business from investment business of Hercules Hoists Limited. After demerger approval from the respective authority, the Company commenced their manufacturing business upon transfer of the Demerged Undertaking of Hercules Hoists Limited to the Company as a going concern. And the Scheme of Arrangement was given effect on September 30, 2024. In terms of the said Scheme, the Company has issued and allotted 3,20,00,000 Equity Shares to the shareholders of Hercules Hoists Limited (HHL) on 11 October, 2024 in the ratio of 1: i.e. 1 equity share of the face value of Re 1 each fully paidup of the Company is issued and allotted for every 1 equity share of face value of Re 1 each fully paid up held by equity shareholders of Hercules Hoists Limited.

For the full year FY2025–2026, revenue reached ₹195.6 crore and profit touched at ₹34.16 crore.

As of 11 Mar 2026, Indef Manufacturing share price is ₹238.7. The stock opened at ₹229 and had closed at ₹226.6 the previous day. During today’s trading session, Indef Manufacturing share price moved between ₹228.99 and ₹271.98, with an average price for the day of ₹250.49. Over the last 52 weeks, the stock has recorded a low of ₹200.05 and a high of ₹580.25. In terms of performance, Indef Manufacturing share price has declined by 30% over the past six months and has increased by 1.37% over the last year.