Crown Lifters
CROWN · > Business Support · Chairman: Karim Kamruddin Jaria · MD: Karim Kamruddin Jaria · Listing date: Sept. 28, 2016

Crown Lifters was established in 1986 by Kamruddin Virji Jaria as a partnership firm which engaged in crane renting business. In 2002 Crown Lifters Private Limited was incorporated to take over the running business of Crown Lifters, the partnership firm along with its assets & liabilities. Upon take over by the company, the firm stood dissolved. Karim Kamruddin Jaria partner of erstwhile Crown Lifters, Partnership firm, took over the control as a promoter on incorporation of the company in year 2002. The company is one of the professional construction equipment hire Company which has been preferred by large (blue chip) companies. The company (including partnership firm Crown Lifters) is three decade old enterprise having its registered office at104, Raheja Plaza, Shah Industrial Estate Veera Desai Road, Andheri (W), Mumbai, Maharashtra.

Today the company is established player in construction equipment hire industry/material handling industry. The company is prepared and equipped with resources and operational capabilities to serve ever growing needs of the market; it uses only popular brands of cranes which include Fushun, Kobelco, Link Belt, Manitowoc, Terex and Liebherr. The company’s staff is trained adequately to handle these equipments with utmost care and as per the Engineering requirements of the clients.

Business area of the company

Crown Lifters is one of the professional construction equipment hire Company. It has a fleet of cranes, which includes crawler cranes with lattice boom, all terrain cranes with telescopic boom, rough terrain, pilling rigs, man lifts, etc. The company has contracts with customers in duration of ranges from 3 to 12 months. The company serves refinery, power, cement, transportation, ports, and infrastructure companies. Over the last three decades it has successfully worked with some of the leaders in the engineering and construction industry like Reliance Industries Limited, Larsen & Turbo Limited, BHEL, Ultratech Cement Limited, Tata Projects Limited etc.

Milestones

  • 2002: the company was incorporated as Crown Lifters Private Limited. (Partnership Firm was converted into Private Limited Company)
  • 2012: Crane and More Mumbai Private Limited amalgamated with the company vide Order of High Court of Judicature at Mumbai dated September 14, 2012, effective fromSeptember 30, 2012.
  • 2016: The company was converted into Public Limited Company.
  • 2016: Split of Equity Shares of Rs 100 each in to Equity Shares of Rs 10 each.
  • 2016: Issue of bonus shares in ration of 2:1 to the shareholders.