INDIAN SERVICE PROVIDER
Pratibha Industries Limited
Category - Construction & Real Estate
Pratibha as a policy had so far focused on intercity road projects.
The Company saw the fact that NHAI projects involved substantial capital expenditures and investing then, on the Capex for one or two projects could dampen its growth plan in the other core segments like water and urban infrastructure. Therefore the Company bid and won as many as seven intercity road / bridge projects and executed / is executing them on both, annuity and EPC basis.
Following road projects recently completed [last six months] / currently under execution
|
Cement Concrete Roads for Pune Municipal Corporation |
INR 0300 million |
|
Cement Concrete Roads for MMRDA |
INR 0200 million |
|
Cement Concrete Roads for Thane Municipal Corporation |
INR 0110 million |
|
Cement Concrete Roads for Akola Municipal Corporation |
INR 0300 million |
|
Cement Concrete Roads for |
INR 0450 million |
|
|
INR 0070 million |
|
Cement Concrete Roads for Thane Municipal Corporation |
INR 0130 million |
|
Total |
INR 1560 million |
The recent IPO ensured substantial surge in the net-worth of the Company, which now permits the company to bid for larger sized road projects on stand alone or in Joint Ventures for NHAI and other authorized agencies. The Company has formed strategic alliances / special purpose vehicle [SPV] with reputed Construction Companies like Unity Infra-projects Limited, Petron Civil Engineering Limited, Soma Projects Limited, to name an few and is executing / bidding projects in the road segment.