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Kolte Patil Developers Ltd.

BSE: 532924 Sector: Infrastructure
NSE: KOLTEPATIL ISIN Code: INE094I01018
BSE 09:29 | 12 Aug 149.10 -1.75
(-1.16%)
OPEN

150.50

HIGH

150.50

LOW

149.10

NSE 09:24 | 12 Aug 148.95 -2.15
(-1.42%)
OPEN

150.60

HIGH

150.60

LOW

147.75

OPEN 150.50
PREVIOUS CLOSE 150.85
VOLUME 15
52-Week high 288.00
52-Week low 103.10
P/E 17.60
Mkt Cap.(Rs cr) 1,130
Buy Price 148.50
Buy Qty 50.00
Sell Price 149.10
Sell Qty 100.00
OPEN 150.50
CLOSE 150.85
VOLUME 15
52-Week high 288.00
52-Week low 103.10
P/E 17.60
Mkt Cap.(Rs cr) 1,130
Buy Price 148.50
Buy Qty 50.00
Sell Price 149.10
Sell Qty 100.00

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 (80,000 sq. ft.). Later KPDL developed City Mall (76,485 sq. ft.), City Point and City Tower (187,562 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.