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Sanghvi Movers Limited

680 employees

Sanghvi Movers Limited (SML) is India's largest crane rental company and ranked 4th largest globally by International Cranes (June 2024 Issue). SML was incorporated on 11.03.1989 and went through an Initial Public Offering on 23.02.1995. The company's shares are traded on the Bombay Stock Exchange and National Stock Exchange. SML has a fleet of 400+ medium to large-sized heavy-duty hydraulic telescopic and crawler cranes with capacities ranging from 20 MT to 1600 MT. Good track records in terms of : Highest safety standards Effective deployment of cranes at optimal rates Heavy lifting solutions backed by strong engineering Adherence to time schedules and low mobilisation time Some Key Highlights : Over three decades of presence in the crane rental business Enjoys first-mover advantage in the country ISO 9001:2015 & ISO 14001:2015 certified company BS OHSAS 18001:2007 certified company Core competence in procuring, maintaining and operating cranes Pioneered in catering to crane requirements of major industries for infrastructure projects in power, steel, refinery, cement, minerals and metals and metros Implementation of turnkey projects, providing of well-maintained equipment, expert technical services and skilled manpower 17+Depots across the country to ensure the timely deployment of cranes

Investor insights

Funding rounds participated in

$10M sweet spot round size

Investor type

Public Company

Basic info

Industry

Construction

Sectors

Construction

Date founded

1989

Funding rounds raised

Total raised

$10M

from 1 investors over 1 rounds

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Sanghvi Movers Limited raised $10M on April 10, 2014

Investors: Tano Capital

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