Ridings Consulting Engineers India Ltd

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4.600.00 (0.00%)

04:01 PM,8th Feb 2024

BSE : 541151


Sector : Others

ISIN Code : INE314Z01014

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Last Updated: Feb 08 2024 | 04:01 PM IST

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Ridings Consulting Engineers India Ltd

Ridings Consulting Engineers India Limited was originally incorporated as a private limited company with the name 'Ridings Consulting Engineers India Private Limited' on December 28 1995. Further the Company changed its name by deleting 'India' word from Company's name consequently name of company was changed to 'Ridings Consulting Engineers Private Limited' on February 09 2009. Furthermore the Company has changed its name by adding 'India' word in Company's name & consequently name of company was changed from 'Ridings Consulting Engineers Private Limited' to 'Ridings Consulting Engineers India Private Limited' on February 22 2011. Further the Company was converted into Public Limited Company and consequently name of company was changed to 'Ridings Consulting Engineers India Limited' on November 24 2017. The Company was originally promoted by Mr. Sain Ditta Baveja Late Mrs. Savitri Baveja and Mr. Sudhir Kumar Baveja who were the initial subscribers to the Company's Memorandum and Articles of Association in the year 1995. Presently Mr. Sain Ditta Baveja and Mr. Sudhir Kumar Baveja are Promoters of the Company.The Company is engaged in Geospatial Services which includes Sub Surface Utility Engineering (SUE) Survey/ Ground-penetrating radar (GPR) Survey Geographic Information Systems and Geospatial database development (GIS & Mapping Solution) Geospatial -Marketing consulting and planning Training (GIS/ AutoCAD/ Arc Suite/ GPR/ EPL & DGPS/Total Station) Geographic Information Systems for Utilities (Power Water & Telecom) and Land surveying and Geospatial Data (Digital & large Scale Geospatial Data) etc. Basically Geographic Information Systems (GIS) applications including mapping of utilities such as electrical network telecom network water supply and sewerage systems. It also provide services in the field such as GPR (Ground Penetrating Radar) / Sue Survey Navigation Survey Property Tax Surveys Land Usage Surveys Investigative Surveys (gather competition market penetration data) Socio Economic Surveys Geospatial Application Development and Services which directly provide services to various private sector Semi Government & Government entities in field of telecom oil and gas public utilities etc. in India Bahrain and other gulf countries.The Company is an ISO 9001:2015 certified company for providing training and services in the field of Topographical Ground Survey Cartography Digitization Data Base Software Development/Customization GIS Development all type of Engineering Survey/design and Remote sensing and Digital Photogrammetry applications. Ridings consists of team which provides professional services that are customized to make its principals' businesses a success in India as well as out of India.Ridings is a professionally run company with accountable leaders for each profit center and operations. The company's management team has vast experience of executing projects that involve latest GIS technologies like GPR etc. has been instrumental in determining the vision and growth strategies for the Company. It is dynamic team that empowers the company to provide a unique blend of outsourcing experience to their clients.The increasing number of clients in India as well as outside India and vast portfolio of projects executed in India and Middle East which made Ridings a well-known name and also ready for bidding projects internationally through association with foreign parties. Ridings started bidding for the International projects or rather overseas projects and it was an International bid in 2006 for Ministry of Water and electricity Bahrain which selected Ridings to execute the GIS mapping of the Zone Detecting and Surveying the entire Water and Electricity Distribution and Transmission Network through Geophysical Surveys project using GPR along with other equipment's.The Company execute the services offered from start to end i.e. without dependency on sub-contracting of any GIS activity including data collection back office processing and analysis software development especially in view of major role of geospatial industry in the development of the country especially after launch of smart city and other projects and fill the void as the country does not possess underground utility mapping for most of the towns. With the vast experience in Mapping Underground Utilities & Assets (SUE). It is in unique position to not only to address new opportunities internationally but also enhance its market share and current position of surveying.

Ridings Consulting Engineers India Ltd - Key Fundamentals

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Face Value (₹) 10
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Book Value Share (₹) [S]1.40
P/B Ratio (₹) [S]3.29
[*C] Consolidated [*S] Standalone

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Share Price Returns

1 Week%%-0.44-0.47%
1 Month%%2.272.80%
3 Month%%9.2610.36%
6 Month%%11.2413.70%
1 Year%%22.6326.86%
3 Year%%47.2651.08%

Company Info

Company Information

Whole Time Director & CEO : Praveen Kumar Baveja

Company Sec. & Compli. Officer : Radhika Bajpai

Registered Office: Office No. F-24 First Floor, Pankaj Grand Plaza Mayur Vihar,Delhi,Delhi-110091 Ph: 91-11-22755585