You are here » Home » Companies » Company Overview » Setubandhan Infrastructure Ltd

Setubandhan Infrastructure Ltd.

BSE: 533605 Sector: Infrastructure
NSE: SETUINFRA ISIN Code: INE023M01027
BSE 00:00 | 19 Feb 0.83 0.02
(2.47%)
OPEN

0.84

HIGH

0.84

LOW

0.78

NSE 00:00 | 19 Feb 0.80 0
(0.00%)
OPEN

0.75

HIGH

0.85

LOW

0.75

OPEN 0.84
PREVIOUS CLOSE 0.81
VOLUME 3950
52-Week high 4.90
52-Week low 0.76
P/E
Mkt Cap.(Rs cr) 10
Buy Price 0.79
Buy Qty 26.00
Sell Price 0.84
Sell Qty 2571.00
OPEN 0.84
CLOSE 0.81
VOLUME 3950
52-Week high 4.90
52-Week low 0.76
P/E
Mkt Cap.(Rs cr) 10
Buy Price 0.79
Buy Qty 26.00
Sell Price 0.84
Sell Qty 2571.00

Setubandhan Infrastructure Ltd. (SETUINFRA) - Company History

Prakash Constrowell Ltd is a construction company predominantly engaged in the business of infrastructure development and civil construction. The company is a fast growing company that provides integrated engineering, procurement and construction services. They undertake projects for various Government / semi-government bodies and other private sector clients. The company is headquartered at Nasik, Maharashtra and has operations across the state of Maharashtra. They have four subsidiary companies, namely Atal Buildwell Pvt Ltd, Ram Buildwel Pvt Ltd, Punamraj Construwell Pvt Ltd and Mohini Buildcon Pvt Ltd. Prakash Constrowell Ltd was incorporated on January 4, 1996 as a private limited company with the name as Prakash Constrowell Pvt Ltd. The company was established to acquire the construction contracts & maintenance business of Prakash Builders, a proprietorship concern established in 1978 by Prakash P. Laddha. In the year 1996, the company obtained highest class of registration i.e. Class I-A from Public Works Department, Maharashtra. They received their first work order in Bridge Segment across Godavari River at Nasik, Maharashtra from Nasik Municipal Corporation. In the year 2002, the company received their first infrastructure construction work on Built Operate Transfer basis at Arni, Yevatmal, Maharashtra. In the year 2005, they laid the foundation for a first of its kind 'Global Pagoda' at Gorai Village in north east suburb of Mumbai, Maharashtra. In the year 2006, the company was honored with Best Building of the year 2006-07 under the category of Institutional Building for college building at Nasik from 'Builders Association of India'. In November 21, 2006, the company incorporated Punamraj Construwell Pvt Ltd and Mohini Buildcon Pvt Ltd as the subsidiaries of the company. Theses two subsidiaries were incorporated with the main objects of proprietors of land, industrial estates and other immovable properties, to acquire, buy, purchase, lease, exchange or otherwise plot of agriculture, non agricultural land, buildings, apartments, shops, houses, bungalows. In the year 2007, the company initiated a major real estate work 'Acropolis' involving construction of 3 Towers. In the year 2008, they ventured into Industrial Construction by taking up work of 'Islampur Integrated Textile Park' at Sangli, Maharashtra. In April 10, 2010, the company acquired 51% of the issued equity share capital in Atal Buildwell Pvt Ltd and Ram Buildwel Pvt Ltd. Thus, Atal Buildwell Pvt Ltd and Ram Buildwel Pvt Ltd became the subsidiaries of the company. In December 8, 2010, the company became a public limited company and the name was changed to Prakash Constrowell Ltd. In the year 2011, the company was accredited with 'ISO 9001:2008' quality management system certificate for construction of Roads, Bridges, Buildings and Development of Land. Also, they received CIDC (Construction Industry Development Council) Vishwakarma Award for their project 'Police Training School' at Tasgoan, Sangli.