JKUMAR INFR.LTD. Share price

The foundation of our business was laid when our Promoter Mr. Jagdishkumar M Gupta setup his proprietorship concern under the name and style of J. Kumar & Co. in 1980. Under his able stewardship the proprietary concern made a modest beginning by maintenance of PWD buildings and scaled up to get registered with Public Works Department Governmentof Maharashtra as a Class I-A Civil Contractor. With this registration he started executing civil contracts for Government Semi government and other various private organizations relating to infrastructure and Civil Engineering Construction contracts comprising mainly of roads flyovers bridges irrigation projectscommercial buildingsrailway buildings sports complexes and airport contracts.Our Promoter Mr. Jagdishkumar M Gupta has extensive experience in this field.From 1980 till 2004 he carried out the business in his proprietary concern J. Kumar & Co. With a vision to expand the business become a professionally driven company and reap the benefits of a corporate entity our promoters incorporated a Company on December 2 1999 by the name of J. Kumar & Company (India) PrivateLimited under the Companies Act 1956 with the Registration No. 11-122886 havingits registered office at 16-A Andheri Industrial Estate Veera DesaiRoad Andheri (West) Mumbai 400 053. There has been no change in our registered office since our incorporation.The proprietary concern J. Kumar & Co. had a PWD registration of Class 1-A.With effect from November 25 2004 the said license of J. Kumar & Co. was transferred to our Company without any consideration and a fresh Certificateof Registration was issued by the Public Works Department to our Company effective from the said date.Pursuant to this transfer 7 contracts amounting to a contract value of Rs. 3008.98 lacs awarded to J. Kumar & Co. were transferred in the name of our Company by the respective authorities and were thereinafter carried out by us.Thereafter no fresh business was undertaken in J. Kumar & Co.Commenced our business with maintenance of PWD Buildings 1991 -94Construction of Chembur Road Over Bridge on Eastern Express Highway along with its approaches and subways construction of retaining wall on East side of Thane.Construction of Operation Theatre for Shri Vasant Rao Naik Government Medical college at Yavatmal and other Hospital structures including Boys Hostel at a total cost of Rs. 14370 lacs.Construction of Sion Mahim Link Road and construction of retaining wall at a total cost of Rs. 550 Lacs1995-97 Receipt of work order for Construction of Earthen Work and other Minor Irrigation work for Minor Irrigation Division Pusad at a total cost of 1234 lacs1997-98 Construction of Flyover Bridge at Konkan Bhavan (CBD) junction on Sion Panvel Road at a total cost of Rs.1927 lacs under Joint Venture with M/s. Ameya Developers.Construction of Flyover at Cheddanagar Ghatkopar on Eastern Express Highway at a total cost of Rs. 1349 Lacs.Construction of Flyover at Shiv Vallabh Road Junction on Western Express highway and construction of service road between National Park junction and S.N. Dube road at a total cost of Rs. 837 lacs.Construction of 82 residential quarters for AAI staff at Mumbai Airport ata total cost of Rs. 608 Lacs.1999 Formed a private limited company by the name of J. Kumar & Co. (India) Pvt. Ltd.1999-2000 Construction of Vehicular Underpass of Rani Sati Marg Junctionon Western Express Highway Malad (West) at a total cost of Rs. 815 Lacs under Joint Venture with M/s. Ameya Developers.2001 Construction of Goregaon Sports Club comprising of elevated Olympic size swimming pool diving pool recreation pool Health club building Game Hall building and Roads at a total cost of Rs. 825 Lacs.2002 Construction of Pedestrian Subway at Rajaram Nagar near AirportSantacruz (E) in Western Express Highway at a total cost of Rs. 456.73 Lacs. This construction was completed 67 days before the stipulated time period with bonus for early completion of the work.Construction of New station building at bandra Terminus at a total cost of 482 lacs.Construction of Flyover slip roads and allied works at seven hill chowk at Aurangabad Jalna Road at a totalYear Event cost of Rs. 850 Lacs under Joint Venture with Ameya Developers Pvt. Limited2005 Construction of new bridge over mithi river carrying taxi track B-3 atCSI Airport Mumbai at a total cost of Rs. 1400 Lacs Design and Construction of flyover at Saswadphata Junction on NH-9 with solid ramps Pedestrian subwaysand widening of minor bridge at Pune Maharashtra at a total cost of 1400 lacs under Joint Venture with M/s.Ameya Developers Pvt. Limited.Construction of flyover covering Kalyan Naka Junction to new S.T stand on old NH3 at a total cost of Rs.1494.50 Lacs.Widening and construction of Western Express Highway at Times of India Flyover north gate to Ashanagar at a total cost of 1122 lacsConstruction of flyover near Times of India building at Malad junction onWestern Express Highway at a total cost of Rs. 1710 lacs under Joint Venture with M/s. Ameya Developers Pvt. Limited.2006-2007 Name of our Company changed to J. Kumar Infraprojects Pvt. Ltd. and then to J. Kumar Infraprojects Ltd. Turnover of our Company crosses 10000 lacsWe get ISO 9001: 2000 certification from Q.A International Certification LimitedAwarded our largest contract till date in Joint Venture with Nagarjunga Construction Company Ltd of a total contract value of Rs. 11190 lacs and our share being 50%.