Sadbhav Engineering Private Limited was incorporated on October 3,
The registered office was situated at 707, 7th Floor, Shilp Building,
Municipal Market, C G Road, Navrangpura, Ahmedabad 380009. Our
became Deemed Public Company by virtue of section 43A(1A) of the
Act, 1956, w.e.f September 18, 1992. This section was subsequently
and therefore our Company was converted into a Public Limited Company
Sadbhav Engineering Limited with a fresh Certificate of Incorporation
May 17, 2001. The registered office of our Company has shifted to
Opposite Law Garden Police Chowki, Ellisbridge, Ahmedabad 380 006
from January 3, 2004.
Mr. Vishnubhai M Patel, one of the partners of M/s. Bhavana
Construction Co., the
erstwhile partnership firm is the Promoter of our Company. He is our
M/s. Bhavna Construction Co., a partnership firm was formed in 1968
by Mr. Vishnubhai
M. Patel, Mrs. Santokben Mafatlal Patel, Mr. Jayabtibhai and Mr.
Kanubhai Mafatlal Patel.
This partnership firm was formed for the purpose of carrying on
construction business. By
virtue of the partnership deed dated September 16, 1988, Mr.
Jayabtibhai and Mr.
Kanubhai Mafatlal Patel retired from the partnership and eight new
partners were inducted
in the partnership firm. The new partners were Mr. Chandradevsingh
Mr. Gautambhai Rambhai Patel, Mr. Chetankumar Nandubhai Patel, Mr.
Goresingh, Mr. Pareshbhai Chandrakant Patel, Mr. Arvindkumarsingh
Mr. Anilkumarsingh Goresingh and Mr. Kiritbhai Anubhai Patel.
Our Company took over the running business of M/s Bhavna Construction
Co., a partnership
firm w.e.f. from October 1, 1989 at its book value. The partners of
M/s. Bhavna Construction
Co. were issued 22,500 Equity Shares of Rs. 100/- amounting to Rs.
22.50 lakhs as
consideration towards the sale. The partnership firm was dissolved
with effect from March
The Company was initially engaged in execution of irrigation and
and entered into road projects during the year 1996-97.
The total income for the year ended March 31, 2005 was Rs. 20728.09
lakhs, the Profit after
Tax stood at Rs. 738.83 lakhs, the EPS was Rs. 12.30 (after
adjustment of bonus) and the
Networth was Rs. 6030.88 lakhs. For the half year ended September 30,
2005 the total income
was Rs.12382.43 lakhs, the profit after tax stood at Rs. 569.72
lakhs, the EPS was Rs. 7.12
(non annualized) and the Networth was Rs. 6588.93 lakhs.
Gammon Infrastructure Projects Limited, a wholly owned subsidiary of
Gammon India Limited,
acquired a stake of 13.75% of the capital in our Company in March
2005, In November 2005
the shares have been transferred to Gammon India Limited. Synergies
of business is one of the
reasons for this acquisition. Gammon’s areas of operation includes
bridges, power, etc. As we
have a proven and establish track records in timely completion and
quality work in road,
irrigation and mining projects, this relationship will work to the
betterment of both the organisations.
-Sadbhav Engineering secures projects from Government of Andhra
Pradesh Irrigation and CAD Department
- Sadbhav Engineering led consortium bags contract worth Rs. 15.71 bn
-Company has been awarded the mining project for contract price of
Rs. 225.43 crores from MAHANADI COALFIELDS LTD (A subsidiary of Coal
- Sadbhav Engineering has secured an order from Northern Coalfields
Limited, a subsidiary of Coal India for Rs.136.83 crore.
-Company has splits its Face value of Shares from Rs 10 to Re 1
-Sadbhav Engineering Ltd Issues Rights in the Ratio of 1:20
- Sadbhav Engineering bags contract worth Rs8.69bn
- Sadbhav Engineering Ltd. Award of Project of Rs. 126.82 crores in
- Sadbhav Engineering bags order worth Rs 33.55 cr from DMRC
- Sadbhav Engineering Ltd. Award of Project of Rs. 79.24 crores