Niraj Cement Structurals Ltd (NCSL) was incorporated on April 1, 1998 as a Private Limited Company to takeover the business of Niraj Cement Structurals (Partnership Firm). The Company is in business of infrastructure and engaged in construction of highways, expressways, turnkey projects roads, bridges, tunnels, etc. They are catering to road projects through sub contracting. The areas of operations are contracting including providing EPC services besides manufacturing of cement structurals. They are having a fleet of construction equipment all of which are owned directly or through the joint ventures. The company do subcontracting assignments primarily through a competitive bidding process. The Company grew from a modest precasting outfit in 1970s to a modern, stateoftheart civil construction company specializing in the timely execution of complex projects in the areas of roads, flyovers, pedestrian subways, airport runways, dams, spillways, etc. The Company ventured into the civil engineering in year 1998.In the year 1999, they made a joint venture with Prakash Construction Engineering Company and forayed into project execution with the name of Prakash Construction Niraj Structurals. One of the project was construction of Solid Approach for Bandra Worli Sea Link from Mahim flyover upto Toll Plaza Chainage. The Company has entered into a Joint Venture Agreement with ARSS Infrastructure Limited for the purpose of undertaking work of civil engineering nature and has formed a joint venture called Niraj ARSS Joint venture.The Joint Venture has been awarded the Cuttak Paradeep Package1 and 2 in Orissa. With Prakash Construction Engineering Company, they cariied out some projects such as Construction of Apron Flooring in connection with Construction of Air India Hangar Project, Mumbai and Construction of Mumbai Pune Expressway Part Kon to Kalamboli (Bypassing Panvel Town) PackageI from 0/000 Km to 8/200 Km and Shedung Connector. With ARSS Infrastructure Limited, Construction of BRTS Pilot Corridor nad Development Road, Jaipur in Rajasthan. Also, the Company has entered into a Joint Venture Agreement with Pratibha Industries limited for the purpose of undertaking work of civil engineering nature and formed a joint venture called Niraj Pratibha Joint venture.The Joint Venture has been awarded the Construction of Pilot Corridor on AB Road to Rajiv Gandhi Square Indore in Madhya Pradesh.In the year 2002, they imported concrete slip form paver machines from Guntert Zimmerman, USA. Which has 17 meter wide paving capacity. Also they imported concrete batching plant from SIMEM, Italy with the capacity of 160 Cum/Hr. In the year 2006, the company was converted into a Public Limited Company. During the year 202021 the Company had made the Listing application to the NSE, which was approved by NSE dated 29th September, 2020 Thereafter, the Company got listed its Equity shares on NSE w.e.f. 1st October, 2020.During the year 202021, the Company issued and allotted 2,15,00,000 equity shares of Rs. 10/ each at a premium of Rs. 6/ each toPromoters and NonPromoter Group under preferential allotment, pursuant to conversion of warrants into equity shares in varioustranches, which was approved by the Member of Company dated 25th December, 2019 and accordingly the Paid Up Capital of the Company increased to Rs. 40,15,53,000/.Further, the Company incorporated a subsidiary Company, M/s. Niraj Consulting Group Limited (NCG) on 6th September, 2021 which became the subsidiaries of the Company in 2021.
What is the current share price of Niraj Cement Structurals Ltd today on both NSE and BSE?
Niraj Cement Structurals Ltd shares are currently priced at 49.39 on NSE and 49.4 on BSE as of 7/25/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.
How has Niraj Cement Structurals Ltd [NIRAJ] shares performed in the past ?
The past 1-year return of Niraj Cement Structurals Ltd [NIRAJ] share was 54.82. The Niraj Cement Structurals Ltd [NIRAJ] share hit a 1-year low of Rs. 30.5 and a 1-year high of Rs. 65.
What is the market cap of Niraj Cement Structurals Ltd [NIRAJ] ?
The market cap of Niraj Cement Structurals Ltd is Rs. 198.33 Cr. as of 7/25/2024 12:00:00 AM.
What is the current P/E ratio of Niraj Cement Structurals Ltd [NIRAJ] share price ?
The PE ratios of Niraj Cement Structurals Ltd is 11.79 as of 7/25/2024 12:00:00 AM.
What is the current PB ratio of Niraj Cement Structurals Ltd [NIRAJ] share price ?
The PB ratios of Niraj Cement Structurals Ltd is 1.32 as of 7/25/2024 12:00:00 AM
How can I buy Niraj Cement Structurals Ltd shares?
You can easily buy Niraj Cement Structurals Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.