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Kolte Patil Developers Ltd.

BSE: 532924 Sector: Infrastructure
NSE: KOLTEPATIL ISIN Code: INE094I01018
BSE 00:00 | 21 Sep 322.00 12.95
(4.19%)
OPEN

325.00

HIGH

331.00

LOW

314.00

NSE 00:00 | 21 Sep 321.85 11.80
(3.81%)
OPEN

324.90

HIGH

331.00

LOW

313.35

OPEN 325.00
PREVIOUS CLOSE 309.05
VOLUME 253872
52-Week high 331.00
52-Week low 154.60
P/E 894.44
Mkt Cap.(Rs cr) 2,447
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 325.00
CLOSE 309.05
VOLUME 253872
52-Week high 331.00
52-Week low 154.60
P/E 894.44
Mkt Cap.(Rs cr) 2,447
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Kolte Patil Developers Ltd. (KOLTEPATIL) - Company History

Kolte-Patil Developers Limited was incorporated on November 25 1991 as a private limited company. Rajesh Patil and Milind Kolte are promoted the company. The Company was subsequently converted into a public limited company. The company name was changed to Regenesis Developers Limited on December 4 2006 and subsequently the name was changed to Kolte-Patil Developers Limited on December 12 2006. The company has engaged in the business of a real estate development. The company has develops and constructs properties mainly in Pune and also in Bangalore. After completing number of residential properties KPDL ventured in to development of commercial properties in 1995 by creating one of the largest commercial complexes in Pune namely Patil Plaza (80000 sq. ft.). Later KPDL developed City Mall (76485 sq. ft.) City Point and City Tower (187562 sq. ft.) as purely commercial properties housing offices of many Indian and Multinational companies.As of September 30 2007 the company has developed and constructed 25 projects including 22 in Pune and 3 in Bangalore covering a total of approximately 4.01 million square feet of Saleable Area. Of these 25 projects 16 residential complexes 4 commercial complexes 3 complexes designed for mixed residential & commercial use and 2 information technology parks.As of September 30 2007 the company has developing 28 projects including 24 in Pune and 4 in Bangalore. These projects are being developed with the aim of generating over 17.80 million square feet of Saleable Area on 21.61 million square feet of land area and to include 5 IT parks 11 commercial complexes 10 residential complexes 1 serviced apartment building and 1 integrated township.Also as of September 30 2007 the company has owned held development rights for or had signed memoranda of understanding to acquire or develop 21.58 million square feet of Saleable Area on 32.88 million square feet of Land Area.

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