Abhishek Integrations Share price

The Company was incorporated as “Abhishek Integrations Limited” at Ahmedabad on November 10 2017 under theprovisions of the Companies Act 2013 vide certificate of incorporation issued by Registrar of Companies CentralRegistration Centre.The promoter Mr. Sanjay Narbada Dubey commence the business in the name of Abhishek Associates as proprietorshipfirm (“Firm”) in the year 2002. In the initially year firm was engaged in the business of telecommunication and caballingwork in BSNL. Later on the during the year 2007-2011 firm carried out electrification work at various Railway platformselectrification and Earthing of ONGC at various locations in Ahmedabad Electrification of MIC Laboratory at ISROAhmedabad Operation & Maintenance of LT/HT Substation Hospital residential colony at various location of ESIC atAhmedabad Kalol Jamnagar Surat Kandivali Marol Andheri. Since 2011 till February 28 2021 firm was full fledgeengaged in Developing Operation and Maintenance of HT & LT Electrical and Mechanical and its installation atTerminal Buildings of Airports installation and maintenance of Fire Fighting solutions as a system integrator operationand maintenance of GLF/Airfield Lighting System Substation including perimeter light fittings at Airports LTswitchgears at various Airports located in PAN India. Firm was majorly and exclusive engaged in work awarded byAirport Authority of India (“AAI”).To give corporate shape to firm the company was incorporated in the year 2017 as Abhishek Integrations Limited withone of the main object to take over the activities either in whole or in part of the business property goodwill rightsinterests assets and liabilities of sole Proprietorship- Abhishek Associates and other Firms. During the year 2017 to2021 the company was engaged in the developing operating and maintaining of electrical and mechanical installationat various Airports in India. On March 1 2021 the company has taken over going concern business of AbhishekAssociates w.e.f. March 1 2021 and for which the company paid consideration of Rs. 24381834/- (Two Crores FortyThree Lakhs Eighty One Thousand Eight Hundred and Thirty Fthe only - including GST at a rate of 18%). All theongoing projects of AAI which were forming part of work in progress in firm are transferred to the company as perbusiness transfer agreement. Moreover all the project deposits given by the firm to AAI are transferred to the company.We are “Class A” Gujarat Government approved contractor and having team of around more than 490 employees on ourpayrolls. the company is engaged in the developing operating and maintaining of electrical and mechanical work andits installation at various Airports in India Fire fighting solutions as a system integrator perimeter light fittings atAirports. the expertise is to provide end to end solution to AAI in the installation designing commission testingimplementation management and operational support for all kinds of electrical and mechanical work fire fightingsolution perimeter lighting Operation and maintenance of GLF/Airfield Lighting System security work supply ofelectrical and GLF spares to AAI. We are exclusive engaged in work awarded by Airport Authority of India (“AAI”).At present we are having around 22 projects on hands of AAI. The projects are located at Ahmedabad AllahabadAurangabad Bhopal Gaya Gondia Indore Jabalpur Jaipur Jaisalmer Madurai Patna Pune Tezpur and Vadodara.We have also awarded project by AAI for operation and Maintenance of electrical and Maintenance located at Port Blair–South Andaman. the company exclusively works with AAI and planning to work with AAI in many other regions inIndia and outside India. We have also awarded tender for supply of electrical and GLF spares to AAI in the region ofPatna Ahmedabad and Gondia.