Harsha Engineers Ltd. was incorporated as Harsha Engineers Private Limited on March 4, 1986 at Ahmedabad, Gujarat. Pursuant to a resolution of Shareholders on August 27, 2001, the Company converted to a Public Company and its name was changed to Harsha Engineers Limited vide a Certificate of Incorporation on September 18, 2001.

While the principal production facilities are at Changodar and Moraiya, near Ahmedabad in Gujarat, the Company has production facilities in Changshu and Suzhou in China and Ghimbav Brasov in Romania as well. At present, the plant at Romania has been manufacturing only brass casting and cages. The Company manufactures bearing cages, semi-finished brass castings and specialty stamping components. The bearing cage category comprises of roller cages and ball bearing cages, which offer rigidity, strength and high heat resistant operating conditions.

The Company manufactures precision bearing cages that forms one of the five components of a bearing; other such components
being, the inner ring, outer ring and rolling elements like rollers or balls and cages. Bearing cages are primarily utilized to: (i) separate the rolling elements, reducing the frictional heat generated in the bearing; (ii) keep rolling elements evenly spaced, optimizing load distribution on bearing; (iii) guide rolling elements in the unloaded zone of bearing; and (iv) retain the rolling elements of separable bearings when one bearing ring is removed during mounting or dismounting.

The Company established a new production facility in Changshu, China in 2010, installed large size bearing cage machinery with capacity 1,000 tonne at Changodar, Ahmedabad in 2012, acquired bearing cage production facility in Suzhou, China in 2014 and acquired M/s Johnson Metal S.A. located at Romania. In addition, with the acquisition of brass cage manufacturing unit and brass foundry, it further penetrate the Chinese market.

The Company has a diversified product in terms of the materials used as well as the dimensions and end-use of finished products. Within the diversified portfolio, it manufacture cylindrical roller cages, spherical roller cages, deep grove cages, angular contact cages, thrust roller cages and taper roller cages. Since incorporation, the Company manufactured more than 5,000 types of products in the automotive and industrial segments.

At present, the plant at Romania has been manufacturing only brass casting and cages. With the takeover of Harsha Engineers Europe SRL,(formerly known as Johnson Metal SA), the Company has expanded product portfolio to include steel cages. With the strengthening of the marketing and management team at Romania, it started catering to additional European customers.

The Company is planning to come out with a Public Issue by raising Rs. 370 crore Equity Shares through Fresh Issue and Offer for Sale of up to 1,325,000 Equity Shares.