Fundz
Funding, M&A and exec moves matched to your market, guaranteed to pay for itself in a year, or we refund it. See terms for full details.See plans →

Cranex Limited Secures ₹1.02 Crore Contract for 50T EOT Crane Supply to North Central Railway

Aug 19, 2026about 3 hours ago

Contract Type

contract

Manufacturing

Description

Cranex Limited has received a Letter of Award for a new order to manufacture and supply a 50T EOT Crane with accessories. Valued at approximately ₹1,02,15,850/-, this contract is projected to enhance the company's revenue stream.

Company Information

Company

Cranex Limited

About

Cranex Limited, established in 1973, manufactures EOT cranes, gantry cranes, and material handling equipment, boasting over 53 years of industry experience. It is among the few Indian crane manufacturers capable of producing lifting equipment with capacities up to 200 t and holds approvals from major public and private organizations. This enables participation in mission-critical projects across sectors such as power, infrastructure, defense, and aerospace. The company's focus is on the power and heavy engineering sectors.

Predictive Intelligence
Strategic

ML-powered predictions for Cranex Limited's next move

Learn about Strategic plan

Agreement Insights

Based on industry data
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.