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अशोका बिल्डकॉन > कंपनी इतिहास > Construction & Contracting - Civil > कंपनी इतिहास का अशोका बिल्डकॉन - बीएसई: 533271, NSE: ASHOKA

अशोका बिल्डकॉन

बीएसई: 533271  |  NSE: ASHOKA  |  ISIN: INE442H01029  |  Construction & Contracting - Civil

कंपनी इतिहास - अशोका बिल्डकॉन
We began our operations as a civil construction firm, Ashoka
 Constructions in November 5, 1983 as a 
 partnership between Ashok M. Katariya, Ramanal B. Parakh, Sushil R.
 Parakh, Narendra R. Shakadwipi 
 and Vimlabai R. Shakadwipi. We were reorganized as a company called
 Ashoka Buildcon Private Limited 
 in 1993 and engaged in the business of civil construction. In fiscal
 1997, we entered into the business of 
 developing toll roads and toll bridges on a BOT basis.We became a
 public company on April 22, 2002 and 
 changed the name of the Company from Ashoka Buildcon Private Limited
 to Ashoka Buildcon Limited 
 with effect from April 22, 2002 pursuant to a special resolution of
 the shareholders passed at an EGM on 
 April 4, 2002. The fresh certificate of incorporation consequent on
 change of name was granted by the RoC 
 to the Company on April 22, 2002.  
 
 We build and operate roads and bridges in India on a build, operate
 and transfer (BOT) basis.  We 
 believe we currently operate one of the highest number of toll-based
 BOT projects in India. In addition to 
 BOT projects, we also (i) engineer and design, procure the raw
 materials and equipment for and construct 
 roads, bridges, commercial buildings, industrial buildings and
 institutional buildings for third parties, (ii) 
 manufacture and sell ready-mix concrete (RMC) and bitumen and (iii)
 collect tolls on roads and bridges 
 owned and constructed by third parties. Our business is organised
 into four divisions: 
 
 - the BOT division; 
 - the engineering, procurement and construction (EPC) division; 
 - the RMC and bitumen division; and
 - the toll collection contract division.
 
 Prior to fiscal 1997, we were engaged solely in the engineering and
 construction of residential, commercial, 
 industrial and institutional buildings. In fiscal 1997, having
 acquired EPC skills, we also turned our 
 attention to bidding for contracts for toll roads and toll bridges on
 a BOT basis. We were awarded our first 
 BOT project, the Dhule bypass in Maharashtra, in fiscal 1997 and
 completed the construction of the road in 
 the same fiscal year. In fiscal 2000 we began manufacturing RMC
 solely for use by our EPC division. In 
 fiscal 2002 we began to manufacture RMC to sell to third parties as
 well as for use by our EPC division. In 
 fiscal 2005 we began processing bitumen to a higher grade at our
 facility in Pune for use in road projects. 
 Having developed systems and procedures for collecting tolls on our
 BOT projects, including developing 
 our own proprietary computerised toll revenue auditing system, we
 tendered for and were awarded our first 
 the contract to collect the tolls on a road owned and constructed by
 a third party. 
 
 In August 2006, IDFC PE II acquired 1,019,617 Equity Shares in the
 Company which made IDFC the 
 single largest shareholder with 18.18% equity stake in the  Company. 
 Currently,  IDFC PE II holds 
 7,137,319 Equity Shares aggregating to 15.62% of our paid-up Equity
 Shares, which makes it our single 
 largest shareholder as on the date of this Draft Red Herring
 Prospectus.
 
 Milestones achieved by the Company since its incorporation are listed
 below:
 
 Year                                                Milestones
 
 1995-96                           The Company completes its first
 major industrial project for Nilkamal Plastics Limited, Sinnar.
 
 1997-98                           The Company starts work on the
 Dhule bypass project, one of the first BOT projects in 
                                          Maharashtra.  
 
                                         The Company completes this
 project within a period of nine months.
 
                                         The Company completes the
 construction of one of the first few flyovers in Pune, the Kothrud 
                                          flyover.
 
                                         The Company is awarded the
 ISO 9001:2000 certification for quality management systems.
 
                                         The Company establishes the
 Ashoka Training  Institute to promote  excellence in civil 
                                          construction education and
 research. 
 
                                          The Company is awarded the
 National Award for Most Outstanding Bridge-Excellent 
 
                                           Aesthetic Matching
 Environment for Kothrud flyover, Pune  and Shivna bridge from Indian
 
                                           Institute of Bridge
 Engineers. 
 
 2000                                 The Company was awarded its
 first project aggregating approximately Rs. 1,000 million on 
                                           NH-4.
 
 2001                                  The Company completes
 construction of East Coast road between Chennai and Pudducherry 
                                            which was declared to be a
 model road by Government of India.
 
                                           The Company is awarded the
 NIMA  Excellence Award by  the Nashik Industries and 
                                            Manufacturers
 Association. 
 
                                           The Company starts its RMC
 business.
 
 2003-04                             The Company completes
 construction of the Indore-Edalabad road, which was one of  the
                                           longest roads to be
 constructed on a BOT basis.
 
 2006                                   The Company entered into a
 shareholders agreement with IDFC Infrastructure Fund 2 for issue
                                           of 1,019,617 equity shares
 to IDFC Infrastructure Fund 2 at a price of Rs. 980.76 per equity
                                            share
 
 2007                                  The Company received the
 Certificate of Registration regarding compliance with requirements
                                           of ISO 9001: 2000, ISO
 14001:2004 and OHSAS 18001:1999. The said certificate was granted
                                            by International Standards
 Certifications Pty. Limited. 
 
 2008                                   Ashok M. Katariya received 
 the Life Time Achievement award  from the  Association of
                                            Consulting Civil
 Engineers. 
 
 2009                                    The Company received the
 Certificate of Registration regarding compliance with requirements
                                             of ISO 9001: 2000, ISO
 14001:2004 and OHSAS 18001:2007. The said certificate was granted
                                             by International
 Standards Certifications Pty. Limited.
 
 Key Awards and Recognitions
 
 Year                                                     Name of
 Award
 
 1997                                   Awarded the CM Shah  Concrete
 Technology Award by Institution of Engineers, India, Pune 
                                            Local Centre
 
 1997                                   Awarded the National Award for
 Most Outstanding Bridge-Excellent Aesthetic  Matching 
 
                                            Environment for Kothrud
 flyover, Pune and Shivna bridge from Indian Institute of Bridge 
                                            Engineers
 
 1998                                   The quality management 
 systems of the Company were ISO 9001:2000 certified by International
 
                                            Standards Certifications
 Pty Limited
 
                                            Awarded the Directors
 Work of World Class Quality Award for the project executed for
 Proctor 
                                            and Gamble in Goa
 
 2001                                   Awarded the National Award
 -Most Outstanding Bridge for construction of Bhor bridge.
                                            Awarded the NIMA
 Excellence Award by the Nashik Industries and Manufacturers
 Association.
 
 2007                                    Awarded a certificate of
 involvement by the United  States Environment Programme to Ashoka 
                                             Group for the
 contribution by Ashoka Group to the 2007 Billion Tree Campaign. 
                                              Awarded a certificate of
 registration Environmental Management  System 14001:2004; ISO 
                                              9001:2004; ISO
 18001:2007 from International Standards Certifications Pty. Ltd. for
 complying 
                                              with requirements of the
 International Standard
 
 2008                                  Awarded a certificate of
 excellence in  productivity,  quality, innovation  and management by
 the 
                                           Institute of Economic
 Studies, New Delhi
 
 2009
                                           The Company received the
 Certificate of Registration regarding compliance with requirements of
 ISO 9001: 2000, ISO 14001:2004 and OHSAS 18001:2007. The said
 certificate was granted by International Standards Certifications
 Pty. Limited.
 
 2010
 
                                     The equity shares of Ashoka
 Buildcon Ltd (Scrip Code: 533271) are listed and admitted to dealings
 on the Exchange in the list of 'B' Group Securities
 
                                      Ashoka Build - Ashoka Buildcon
 announces construction completion and start of toll Project
 
 2011
 
                                  Ashoka Build - Successful bidder for
 Four Laning of Cuttack-Angul Section (112 KMs)
 
                                  The Company announces the receipt of
 Letter of Awards for Turnkey Power Distribution EPC Contracts
 aggregating to Rs. 156.51 Crores from Maharashtra State Electricity
 Distribution
Company Ltd (MSEDCL). 2012 The Company has acquired 50% equity shares of VIPL at par value, The Company now holds 99% of the paid-up share capital of VIPL. Ashoka Buildcon emerges as lowest bidder for Chennai-ORR project Tamilnadu 2013 -Ashoka Buildcon Ltd has has declared interim Dividend for the Financial year 2012-13 @ 20% i.e. Rs 2/- per Equity Share. -Ashoka Buildcon has announces bonus in the ratio of 1:2 -Ashoka Buildcon has splits its face value from Rs 10/- to 5/- 2014 -Ashoka Buildcon Ltd has received Letter of Award for the Project. -Honoured with prestigious Award - Lokmat Presents Corporate Excellence Award - 2014. -The Institute of Engineers India has honoured the Company with the Best Award for promoting Green Building Concept and Infrastructure. -Company has bagged an award for the Project of the year (Runner Up) for its Dhankuni Kharagpur Road Project in the State of Kolkata. 2015 -Re-start of Toll Collection at Dewas Bypass Road Project -Ashoka Buildcon Ltd warded the Best Professionally Managed Company during the 7th CIDC Vishwakarma Awards -Ashoka Buildcon arm receives arbitral award 2016 -Ashoka Buildcon acquires 48% stake in JTCL. -Ashoka Buildcon bags project worth Rs 155.8 crore from National Highways & Infrastructure Development Corporation (NHIDCL) for road project. -Ashoka Buildcon gets 5 power projects worth Rs 950 crore in Bihar. - Acquisition of stake in Mudhol Nipani SPV. -Ashoka Buildcon secures project worth Rs 179 crore from DVVNL 2017 - Ashoka Buildcon Ltd has Receipt of Letters of Award for Power Project in the State of Bihar. -Ashoka Buildcon Ltd has been honoured with prestigious Award -Infra Company of the Year Award at the EPC World Awards held in Delhi. -Ashoka Buildcon Ltd. has won Letter of Award (LoA) from Mumbai International Airport to develop land parcels in village Sahar. - Ashoka Buildcon gets New project from National Highways Authority of India in Vizag in the State of Andhra Pradesh. -Ashoka Buildcon gets Rs 116.72 cr power project in Bihar
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • MARKET CUES : FIIs ने कैश में `1008 Cr की बिकवाली की
  • MARKET CUES : DIIs ने कैश में `538 Cr की खरीदारी की
  • MARKET CUES : FIIs ने F&O में `379 Cr की खरीदारी की
  • MARKET CUES : इंडेक्स फ्यूचर्स में `656 Cr की बिकवाली की
  • MARKET CUES : इंडेक्स ऑप्शंस में `1075 Cr की खरीदारी की
  • MARKET CUES : स्टॉक फ्यूचर्स में `36 Cr की बिकवाली की
  • MS ON BPCL : Overweight रेटिंग, लक्ष्य `571/Sh
  • CS ON AARTI IND : Outperform रेटिंग, लक्ष्य `980/Sh
  • CS ON APOLLO HOSP : लक्ष्य `1,300 से बढ़ाकर `1,600/Sh
  • NOMURA ON ESSAR CASE : बैंकों की अब 90% तक रकम की रिकवरी संभव

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