Niraj Cement Structurals Share price

We are an engineering and construction company focusing on road construction development. We were incorporated on April 1 1998 as a private company. We took over the business of Niraj Cement Structurals (partnership firm) in December 1999 which was engaged in cement structural business since 1987. We are catering to road projects through sub contracting. We are headquartered in Mumbai and have capability to execute various road construction projects.Our present areas of operations are sub-contracting including providing EPC services. We have a fleet of construction equipment all of which we own directly or through our joint ventures. We believe that our employee resources and fleet of equipment along with our engineering skills and capabilities enable us to successfully implement a wide variety of road construction projects that involve varying degrees of complexity. We enter into sub-contracting assignments primarily through a competitive bidding process. We execute most of our projects as the sub-contractor though we aim to establish our direct presence over a period of time. As the project sizes are expanding we team with major contractors to meet specific eligibility requirements for certain larger projects including requirements relating to particular types of experience and financial resources we also enter into project-specific joint ventures with other construction companies at times as minor partners and EPC sub-contractor.HISTORY AND MAJOR EVENTSYear Event1998 Incorporated as a Private Limited Company1999 Forayed into Project Execution with setting up of a Joint Venture with Prakash Construction & Engineering Company1999 Joint Venture with Prakash Construction awarded Bandra- Worli Sealink (Pkg III)2001 Awarded Orissa Project2002 Imported concrete slip form paver machines-1000 from Guntert & Zimmerman USA of 17 meter wide paving capacity Imported concrete batching plant from SIMEM Italy with capacity 160 Cum/ Hr2006 Conversion from Private Limited Company to Public Limited Company Rolling quality Trophy Award for the year 2004-05 of L& T Ltd ECC division for our Project of Widening to 4/6 lanes and strengthening of existing 2 lane Carriage way of NH 60 In the state of Orissa