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Company Information

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ARVIND SMARTSPACES LTD.

01 February 2025 | 03:42

Industry >> Realty

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ISIN No INE034S01021 BSE Code / NSE Code 539301 / ARVSMART Book Value (Rs.) 115.57 Face Value 10.00
Bookclosure 25/07/2024 52Week High 1025 EPS 9.13 P/E 86.98
Market Cap. 3615.66 Cr. 52Week Low 513 P/BV / Div Yield (%) 6.87 / 0.44 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The Company was incorporated as "Arvind Infrastructure Limited" on December 26, 2008 in Ahmedabad as a
wholly owned subsidiary of Arvind Limited under the provisions of the Companies Act, 1956. The Company
obtained the Certificate of Commencement of Business dated January 6, 2009 under the Companies Act, 1956. Our
Company was incorporated with the objective of doing real estate/infrastructure development business.

2008 
Incorporation of the Company
2010 
Entered into JV with Bsafal for construction of high rise residential apartment project in eastern
Ahmedabad
2011
Successful delivery of our first residential project- "Alcove"
2012
Launched first project in Bengaluru
Entered into MoU for our premium low rise golf centric villa township project named "Uplands"
in western Ahmedabad
2014
First real estate developer in Gujarat to partner with Disney for project "Uplands"
2015
Demerged from Arvind Limited purusuant to Scheme of Demerger

2015 - The Company has shifted Registered Office from Arvind Mills Premises, Naroda Road, Ahmedabad - 380025 to 24, Government Servant's Society, Near Municipal Market, off. C.G. Road, Navrangpura, Ahmedabad - 380009

2016 -Company has been changed from Arvind Infrastructure Ltd. shall be changed to Arvind SmartSpaces Ltd. and symbol be changed from ARVINFRA to ARVSMART.

2017 -Arvind SmartSpaces Ltd. part of Asia's Greatest Brands 2016. -9th Realty Plus Conclave & Excellence Awards 2017.

2018 -Arvind Smartspaces Limited received International Award - Real Estate Category.

2019 -Arvind SmartSpaces forays into Maharashtra with Pune property launch. -Arvind Smartspaces Joins Hands With HDFC Capital. -Arvind SmartSpaces, HDFC Capital partner to build budget homes.

2021 -Company has received "Most Trusted Real Estate Brand of the Year".

2022 -Arvind SmartSpaces awarded Fastest Growing Realty Brand of the Year. -Arvind Smartspaces launches, sells entire first phase of its new project. -Arvind SmartSpaces and HDFC Cap join hands for 900-crore realty platform. -Arvind SmartSpaces launches digital sales platform for homebuyers.

2023 -Arvind SmartSpaces and HDFC CAPITAL ADVISORS achieve financial closure on Fruits of Life project in a year. -Arvind SmartSpaces adds new high-rise project in Bengaluru with a top-line potential of Rs. 400 Cr. -Arvind SmartSpaces adds two new horizontal multi-asset township projects in Ahmedabad spread over 704 acre with a top-line potential of Rs. 2,300 crore.

2024 -Arvind SmartSpaces adds new highrise project in ITPL Road, Bengaluru with a topline potential of Rs. 600 Cr. -Arvind SmartSpaces adds new horizontal project in Ahmedabad spread over 40 acre with a top-line potential of Rs. 250 crore. -Arvind SmartSpaces enters Surat with a Rs. 1,100 crore horizontal multi-asset township project.