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NAVKAR URBANSTRUCTURE LTD.

12 March 2025 | 03:43

Industry >> Construction, Contracting & Engineering

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ISIN No INE268H01036 BSE Code / NSE Code 531494 / NAVKARURB Book Value (Rs.) 7.11 Face Value 2.00
Bookclosure 30/09/2024 52Week High 21 EPS 0.05 P/E 328.98
Market Cap. 333.71 Cr. 52Week Low 14 P/BV / Div Yield (%) 2.09 / 0.07 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
M/s Navkar Builders Limited (NBL) was originally incorporated as Navkar Builders Private Ltd. on 2nd June, 1992 in the State of Gujarat with the main objects to carry on the construction business. Subsequently the Company was converted into Public Limited Company and a fresh certificate of incorporation was obtained on 21st April, 1995 with its Registered Office at Junagadh and Corporate Office at Ahmedabad.

The Company is already engaged in the business of construction of commercial and residential complexes in and around Ahmedabad. The main objects of the Company are to erect and construct residential and commercial complexes, to act as builders, contractors, engineers and architects as well as developers of land, estate, properties, etc. The Company has already completed five such projects (measuring 2,50,000 Sq. Fts) and at present having five such projects on hand as organiser and two projects as contractors (measuring 4,38,000 Sq. Fts.)

DETAILS OF THE PROJECTS COMPLETED

The promoters have successfully completed the following projects under their supervision and control. The projects have been completed within scheduled time frame.

-----------------------------------------------------
SL   NAME OF THE PROJECT           LOCATION          
NO                                                   
                                                     
                                                     
-----------------------------------------------------
1. NALANDA                            PREMCHAND          
   (COMMERCIAL COMPLEX)               NAGAR ROAD        
                                      SATELLITE,         
                                      AHMEDABAD         
                                                     
                                                     
                                                     

2. KONARK                               -DO-              
(MULTI STORYED RE-                                   
SIDENTIAL COMPLEX)                                   

3. KONARK SHOPS                         -DO-              

4. RADHEKISHAN BUNGLOWS               OPP.HIGH          
(LUXURIOUS TWIN                       COURT             
BUNGLOWS)                             JUDGES            
                                      BUNGLOWS          
                                      SATELITE          
                                      AHMEDABAD         

5. RUSHABH COMPLEX                    NR. MALBAR        
ROW HOUSES & SHOPS                    SATELITE          
& OFFICES                                            

--------------------------------------------------------       
SL   NAME OF THE PROJECT      BUILT-      NO.OF                 
NO                            UP         FLATS/SHOW            
                              AREA       ROOMS/OFFICES         
                              Sq.Yd.                
---------------------------------------------------------      
1. NALANDA                     7750     48  SHOW  ROOM         
   (COMMERCIAL COMPLEX)                     GROUND            
                                            FLOOR             
                                        46  SHOW ROOM         
                                            1ST FLOOR         
                                        22  OFFICES           
                                            2ND FLOOR         
                                                                    
2. KONARK                   12,900      80  LUXURIOUS FLATS   
   (MULTI STORYED RE-                       RANGING           
   SIDENTIAL COMPLEX)                       125 & 153 SQ.YRD 
                                                                    
3. KONARK SHOPS                600      10  SHOPS             
                                                                    
4. RADHEKISHAN BUNGLOW       3,000      14  BUNGLOW           
   (LUXURIOUS TWIN                          200 SQ. YRDS      
   BUNGLOWS)                                PER BUNGALOW      
                                            200 SQ.           
                                            YRDS CLUB         
                                            HOUSE             

5. RUSHABH COMPLEX            36000     19  ROW HOUSE
ROW HOUSES & SHOPS                                                  
& OFFICES                    
                                        28  SHOPS         
                                        28  OFFICES    
                             -------  ------
     GRAND TOTAL             27850     295
                            ========  =======
All of the above 295 show Rooms, Office, Shops, Flats, Bungalows have been already sold by the Promoters of the Company.

2008

- The Company has started commercial production of Ready Mix Concrete, the Company's first Project.

2009 - The Company has started commercial production of Ready Mix Concrete, in their second and third project from February 23, 2009 at Vadodara & Ahmedabad in Gujarat.

2010 -Navkar Builders appointed M/s. J. B. Shah & Co., Chartered Accounts as Auditor of the Company.

2014 -Board of Directors of the Company have allotted 43,63,300 equity shares of Rs. 10/- each at a price of Rs. 10 per equity shares (at par) on preferential basis.

2021 -Company name changed to Navkar Urbanstructure Ltd. from Navkar Builders Ltd..

2022 -The Company has splits its face value from Rs. 10/- to Rs. 2/-.