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Company Information

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SHREESHAY ENGINEERS LTD.

21 January 2025 | 12:00

Industry >> Engineering - General

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ISIN No INE452Z01012 BSE Code / NSE Code 541112 / SHREESHAY Book Value (Rs.) 18.01 Face Value 10.00
Bookclosure 25/09/2024 52Week High 55 EPS 0.83 P/E 51.16
Market Cap. 55.86 Cr. 52Week Low 27 P/BV / Div Yield (%) 2.35 / 0.00 Market Lot 2,000.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
HISTORY AND CERTAIN CORPORATE MATTERS

The company was incorporated as Mohata Capital Services Private Limited on April 04, 1995 under the Companies Act, 1956 with the Registrar of Companies, Mumbai. Subsequently, the name of the company was changed to Shreeshay Engineers Private Limited pursuant to a Fresh Certificate of Incorporation Consequent on Change of Name dated April 18, 2006, bearing registration number 087145 issued by the Assistant Registrar of Companies, Mumbai. Pursuant to a resolution of the Board of Directors dated November 03, 2017 and Shareholders of the Company dated December 06, 2017, the status of the companywas changed to public limited company and the name was changed to Shreeshay Engineers Limited. A fresh certificate of incorporation consequent upon conversion was granted to the company on December 11, 2017 by the Registrar of Companies, Mumbai.

About The Company

Shreeshay Engineers Limited (SEL) is a real estate construction and engineering focused solutions company. the companyhas developed around 90,000 sq. ft. of built up real estate vide project(s) named Kailas Jyoti l and Kailas Jyoti II at Ghatkopar, Mumbai. Over the last few years; the companyhas been realigning its business policies and recently we have increased our focus towards becoming the EPC arm of the group; with a view to develop a strong execution track record and goodwill in this segment. EPC stands for Engineering, Procurement and Construction. We will provide supply of materials, designing and contracting capabilities as well as construction project management services. We intend to leverage our management capabilities as well as group goodwill and become a real estate focused EPC player who can become a strong financing as well as technical partner to real estate developers hence allowing them to concentrate on core capabilities such as sales, liasoning, land acquisitions etc. Further since the companyis part of the DKP Group which has large presence in the real estate market in and around Mumbai, we believe being an EPC focused business line will help garner sustainable business due to group synergy and going forward we will be able to leverage this experience to take EPC orders from other players in the Industry.

Company have recently entered into works contract for construction of real estate project Kailas Nagar.

MAJOR EVENTS:

1995

- Incorporated under Companies Act, 1956 as `Mohata Capital Services Private Limited'

2006

- Change of name from `Mohata Capital Services Private Limited' to `Shreeshay Engineers Private Limited' and alteration of Object Clause of Memorandum of Association vide Special Resolution dated August 08, 2005

- Completed construction of Phase I of Kailas Jyoti

2007

- Completed construction of Phase II of Kailas Jyoti

- Entered into Works Contract Agreement with `DKP Designers and Creators Private Limited' for construction of the property at Ghatkopar East, Mumbai bearing final plot no. 23, TPS III admeasuring approx 71,105 Sq. ft by utilizing full FSI and TDR as per the plans and specification provided by the Developers

- Converted into a Public Limited Company and name of the companywas changed to `Shreeshay Engineers Limited'