You are here » Home » Companies » Company Overview » Simplex Infrastructures Ltd

Simplex Infrastructures Ltd.

BSE: 523838 Sector: Infrastructure
NSE: SIMPLEXINF ISIN Code: INE059B01024
BSE 00:00 | 19 Feb 51.45 2.05
(4.15%)
OPEN

50.90

HIGH

51.85

LOW

47.70

NSE 00:00 | 19 Feb 51.40 2.20
(4.47%)
OPEN

50.05

HIGH

51.65

LOW

47.60

OPEN 50.90
PREVIOUS CLOSE 49.40
VOLUME 133710
52-Week high 195.50
52-Week low 24.60
P/E 9.56
Mkt Cap.(Rs cr) 294
Buy Price 51.45
Buy Qty 1569.00
Sell Price 51.85
Sell Qty 100.00
OPEN 50.90
CLOSE 49.40
VOLUME 133710
52-Week high 195.50
52-Week low 24.60
P/E 9.56
Mkt Cap.(Rs cr) 294
Buy Price 51.45
Buy Qty 1569.00
Sell Price 51.85
Sell Qty 100.00

Simplex Infrastructures Ltd. (SIMPLEXINF) - Company History

Simplex Infrastructures Limited (SIL) is one of the most exciting global companies engaged in significant industrial and public infrastructure development, the oldest company was incorporated on 19th December 1924 under the control of H.P. Lancaster of the United Kingdom, and later the company was taken over by the Kolkata-based Mundra family after the Indian independence. SIL provides the services in the areas of Ground Engineering, Power, Industrial, Urban Utilities, Building & Houses, Roads, Railways, Bridges and Marine. The Company has diversified geographical presence across India and overseas also. The year of inception itself, SIL had introduced cast-in-situ driven piles in Asia, at Kolkata. Then, the company had started construction of major Steel Plants during the year 1935 and had built King George Docs, Mumbai in 1940. SIL had entered into the civil & structural construction of Industrial Projects during the year 1952 and further forayed into Housing and Building segment in the period of 1955. In 1958, the company was designed and constructed the first ever RCC framed structure in Asia; the 17- storied National Tower at Kolkata. During the year 1960, SIL made a foray into the civil & structural construction of Thermal Power Plants and has been associated with over 80% of Thermal Power Plants across India ranging from 10 MW to 1000 MW Turbo Generators. Urban Utilities segment was added to the company's activities in the year 1965, by the way of water treatment plant at Howrah for HIT. After three years, in 1968, took up the Marine Construction and now associated with all the major ports in India. The overseas presence was made by the company in the year 1982 itself, opened the first overseas office for the execution of projects in Sri Lanka and also in the same year of 1982, SIL made its foray into Roads, Bridges and Railways segment. Started piling jobs in UAE, Abu Dhabi in the year 1990 and in 1991 SIL developed indigenous technique for jointed pre-cast concrete piles upto 150 meters depth at Ernakulam. The Company successfully built an international class hotel at Tashkent, Uzbekistan during the year 1992 and SIL went to public in the year of 1993. During the year 1998, the company entered into an innovative LIG/MIG sourcing on turnkey basis. Also SIL made its foray into turnkey coding towards construction in the identical period of 1998. The Company had started the event of civil & structural construction of Nuclear Power Plants since the year 2002. During 2003, SIL undertakes the civil & structural construction of Hydro Power Plants and also established presence in the Middle East Countries. An ISO 9001:2000 certification was handed over to the company in 2004 and in 2005, the company had changed its name from Simplex Concrete Piles (India) Limited to Simplex Infrastructures Limited for a more holistic representation of the company. In the same year, SIL secured contract for an irrigation canal in Hyderabad. During the year 2006, the company secured contract for doubling of railway tracks on South-Central Railway line in Guntakal - Raichur railway, AP. Also obtained several piling and civil contracts in Middle East Countries. In 2007, the company bagged Rs 4.52 billion order in industrial structures segment, Rs 1.78 billion in urban utilities, Rs 1.12 billion in piling and Rs 600 million in marine structures segment. Also, SIL secured a contract from DP World for Rs 5,800 million for ICTT Kochi Phase 1A in November 2007. The Rig and Real Estate Development business was added to the company's business in the year 2008. SIL bagged new orders worth Rs 6.53 billion from different sectors including an order from Ritz Carlton Hotel, Bangalore, for the construction of a cement plant, sewerage system and thermal power plant in March 2008.