Giriraj Civil Developers Ipo

Giriraj civil developers ipo

 

Giriraj Civil Delevopers is a civil works contracting and engineering company.

Giriraj Civil Developers Ltd: SME IPO issue opens 19-21 March 2018

Most of the projects undertaken by them are in the state of Maharastra and Gujarat.Presently it has 21 ongoing projects and has 34 permanent employees

Date of establishment:  Giriraj Civil Developers Limited was incorporated in 2005.

 

Product & Service Offering: They undertake infrastructure projects like building bridges, platform extension, sick line sheds etc.

 

Promoters of Giriraj Civil Developers Limited:  Mr.

Panna Lal Jain and Mr Vivek Benara are the promoter Giriraj Civil Developers Limited.

 

Customer segment: Company undertakes projects for government / semi-government bodies like MCGM (Municipal Corporation of Greater Mumbai) and MRVC (Mumbai Railway Vikas Corporation).

 

Objects of the Issue: The objects of the Offer is to:-
-     Repayment of unsecured loans
-     To meet General Corporate Purpose 

 

Company Financials:

 


Particulars

For the year/period ended (in Rs.

Giriraj civil developers ipo

Lacs)

 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

 

Total Assets

6,436.20

4,509.10

3,695.16

3,168.17

2,362.18

 

Total Revenue

4,527.02

4,821.48

4,995.42

5,674.18

4,224.83

 

Profit After Tax

178.79

175.00

189.48

196.58

149.02