When was EGFL founded?

EGFL was founded in 1969 and raised its 1st funding round 42 years after it was founded.

Where is EGFL located?

EGFL is headquartered in Mumbai, India. It is registered at ESSAR HOUSE,11 KESHAVRAO KHADYE MARG, MAHALAXMI, MUMBAI, Maharashtra, India, 400034.

How many employees does EGFL have?

As of Sep 30, 2026, the latest employee count at EGFL is 10579.

Is EGFL a funded company?

EGFL is a funded company, having raised a total of $***** in its 1st and only funding round, a Conventional Debt round on 2011.

When was the latest funding round of EGFL?

EGFL's latest funding was a $***** Conventional Debt round on 2011, with participation from 0 investor. Its primary sector is Infrastructure Funds. In India, the Infrastructure Funds sector has seen $163M in funding in 2026 to date.

Where does EGFL rank among its competitors?

EGFL ranks 7th amongst 203 active competitors, of which 11 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was IndiGrid, which secured $163M in Jan, 2026.

Who are the top competitors of EGFL?

EGFL's top competitors include Shell, IndiGrid and Indian Oil. Among them, IndiGrid secured the most recent funding round in January, 2026.

EGFL - 2026 Company Profile, Team, Funding, Competitors & Financials

EGFL is a public company based in Mumbai (India), founded in 1969 by Ravi Ruia and Shashi Ruia. It operates as an Infrastructure fund focused on multiple sectors. EGFL has raised an undisclosed amount in funding. The company has 203 active competitors, including 11 funded and 44 that have exited. Its top competitors include companies like Shell, IndiGrid and Indian Oil.

Company Details

Infrastructure fund focused on multiple sectors. It invests across the sectors of energy (comprising exploration & production, refining & marketing, and power businesses), infrastructure & logistics (comprising ports, projects, and stanlow terminals), metals & mining, and technology & retail (comprising shipping, oilfield services, technology solutions, device protection, and customer experience).

Website: www.essar.com/
Social
Email ID: *****@essar.com
Registered Address: ESSAR HOUSE,11 KESHAVRAO KHADYE MARG, MAHALAXMI, MUMBAI, Maharashtra, India, 400034

Key Metrics

Founded Year

1969

Location

Mumbai, India

Stage

Public

Latest Funding Round

Conventional Debt, 2011, $*****

Investors

Corporation Bank & 4 more

Ranked

7^th among 203 active competitors

Employee Count

10,579 as on Sep 30, 2026

Investment & Acquisitions

Trinity Coal & 3 more

Similar Companies

IndiGrid & 2245 more

Exit Details

Public

View EGFL's full profile

EGFL is associated with 21 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
TSY CONSTRUCTION LTD CIN: 11341219 , United Kingdom, Active	May 01, 2018	£0 - £1M (As on May 31, 2025)	5 (As on May 31, 2023)
ESSAR INVESTMENTS LIMITED CIN: 10401667 , United Kingdom, Active	Sep 28, 2016	-	6 (As on Oct 31, 2024)
ESSAR HOUSE PRIVATE LIMITED CIN: U70100MH1982PTC117644 , India, Active	Oct 11, 1982	₹10 - ₹50 Cr (As on Mar 31, 2025)	-
ABHINAND VENTURES PRIVATE LIMITED CIN: U74110GJ2016PTC167903 , India, Active	Apr 28, 2016	₹500 - ₹1,000 Cr (As on Mar 31, 2025)	115 (As on Sep 30, 2024)
FRESH GREENS PRIVATE LIMITED CIN: U74110MH2006PTC163917 , India, Active	Aug 21, 2006	0 - ₹10 Cr (As on Mar 31, 2025)	-
FUTURA TRAVELS LIMITED CIN: U63040MH1990PLC056592 , India, Active	May 18, 1990	₹10 - ₹50 Cr (As on Mar 31, 2025)	-
ESSAR CONSTRUCTIONS INDIA LIMITED CIN: U45500MH2017PLC295011 , India, Active	May 18, 2017	₹100 - ₹500 Cr (As on Mar 31, 2025)	176 (As on Aug 01, 2025)
ESSAR EXPLORATION & PRODUCTION INDIA LIMITED CIN: U11101MH2007PLC171125 , India, Active	May 24, 2007	₹100 - ₹500 Cr (As on Mar 31, 2024)	-
ESSAR AGROTECH LIMITED CIN: U01120MH1993PLC071726 , India, Active	Apr 23, 1993	0 - ₹10 Cr (As on Mar 31, 2025)	2 (As on Apr 30, 2024)
ESSAR STEEL SERVICES (ODISHA) PRIVATE LIMITED CIN: U74200OR2014PTC018149 , India, Active	Jul 30, 2014	0 - ₹10 Cr (As on Mar 31, 2025)	-
ESSAR REFINERY PROJECTS LIMITED CIN: U45200GJ2010PLC062785 , India, Active	Oct 31, 2010	-	-
Essar Minmet Limited CIN: U27100MH2016PLC355097 , India, Active	Feb 14, 2016	0 - ₹10 Cr (As on Mar 31, 2025)	-
ESSAR STEEL METAL TRADING LIMITED CIN: U27100GJ2005PLC046272 , India, Active	Jun 17, 2005	₹50 - ₹100 Cr (As on Mar 31, 2025)	-
ESSAR ADVISORY SERVICES LIMITED CIN: U24119GJ2007PLC049785 , India, Active	Jan 16, 2007	0 - ₹10 Cr (As on Mar 31, 2025)	21 (As on Jan 31, 2023)
Ehes Limited CIN: U46102GJ2008PLC054681 , India, Amalgamated	Aug 04, 2008	₹10 - ₹50 Cr (As on Mar 31, 2023)	30 (As on Jun 30, 2024)
AMNS PORTS HAZIRA LIMITED CIN: U13100GJ2004PLC043477 , India, Active	Jan 21, 2004	₹1,000+ Cr (As on Mar 31, 2025)	51 (As on Mar 31, 2024)
ESSAR POWER GUJARAT LIMITED CIN: U74900GJ2007PLC066273 , India, Active	Apr 05, 2007	₹1,000+ Cr (As on Mar 31, 2025)	226 (As on Mar 31, 2024)
ESSAR SHIPPING LIMITED. CIN: L61200GJ2010PLC060285 , India, Active	Apr 16, 2010	₹100 - ₹500 Cr (As on Mar 31, 2025)	-
SUKHDEV CONSULTANCY LIMITED CIN: U70200TN2008PLC089704 , India, Active	Oct 14, 2008	0 - ₹10 Cr (As on Mar 31, 2024)	-
ACYUTA SERVICES PRIVATE LIMITED CIN: U74999MH2011PTC217380 , India, Under liquidation	May 12, 2011	₹50 - ₹100 Cr (As on Mar 31, 2022)	1 (As on Feb 28, 2023)
HERO FUTURE ENERGIES PRIVATE LIMITED CIN: U40101DL2012PTC243852 , India, Amalgamated	Oct 18, 2012	₹1,000+ Cr (As on Mar 31, 2024)	12 (As on Mar 31, 2018)

EGFL got listed on Dec 30, 2009.

Click here to take a look at EGFL's IPO in detail

EGFL has raised funding over 1 round. EGFL has 5 institutional investors.

Here is the list of recent funding rounds of EGFL:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
2011	4014	Conventional Debt	1634	4709	6323	1245

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View details of EGFL's funding rounds and investors

The founders of EGFL are Ravi Ruia and Shashi Ruia.

Here are the details of EGFL's key team members:

Ravi Ruia: Co-Founder of EGFL and founder of 1 other company.
Contact Info: 1 email address
Shashi Ruia: Co-Founder of EGFL and founder of 1 other company.
Sridhar R V: CEO of EGFL.

View details of EGFL's Founder profiles and Board Members

EGFL's employee count trend

EGFL has 10,579 employees as of Sep 26. Here is EGFL's employee count trend over the years:

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Top competitors of EGFL include Shell, IndiGrid and Indian Oil. Here is the list of Top 10 competitors of EGFL, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Shell 1907, London (United Kingdom), Public	Provider of natural gas & oil exploration, refining, midstream, and upstream services	-	Pierce Mason Private Equity, Gov & 4 others	79/100
2nd	IndiGrid 2016, Delhi (India), Public	Infrastructure fund focused on multiple sectors	$368M	GIC, KKR & 4 others	74/100
3rd	Indian Oil 1959, Delhi (India), Public	Manufacturer of petroleum products and operator of fuel retail chains	-	USTDA, A.K. Group	71/100
4th	Repsol 1987, Madrid (Spain), Public	Integrated oil and gas company	-	Temasek, Energy Infrastructure Partners & 2 others	69/100
5th	Gazprom 1989, Saint Petersburg (Russia), Public	Provider of natural gas & oil production, processing, and transportation services	-	Kingdom Holding Company, Mizuho Financial Group ... & 5 others	68/100
6th	Uniper 2016, Dusseldorf (Germany), Public	Power generation and distribution company	-	Elliott Management, BAFA & 4 others	68/100
7th	EGFL 1969, Mumbai (India), Public	Infrastructure fund focused on multiple sectors	-	Corporation Bank, Exim Bank & 3 others	64/100
8th	Bharat Petroleum 1976, Mumbai (India), Public	Provider of energy products & services, including LPG gas cylinders, petroleum products, and lubricants	-	Life Insurance Corporation of India, BIRAC	62/100
9th	Indian Oil Adani Gas 2013, Delhi (India), Series D	Distributor of natural gas for residential, commercial, and industrial use	$156M	-	59/100
10th	Reliance Industries 1958, Mumbai (India), Public	Provider of energy, petrochemicals, retail, digital services, and media solutions	-	-	59/100

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EGFL has made 1 investments in companies including Obopay. EGFL has also acquired 3 companies including Trinity Coal and Minnesota Steel Industries.

Here is the list of investments & acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Mar 07, 2010	Acquisition	Trinity Coal	2006	Allen (United States)
Apr 21, 2008	Investments	Obopay	2005	Bengaluru (India)
Apr 18, 2007	Acquisition	Minnesota Steel Industries	2018	San Mateo (United States)