Apr 02, 2007, 06.32 PM IST | Source:

Rajnikant S Ajmera appointed President of CREDAI

Rajnikant S Ajmera appointed President of CREDAI

Mr. Rajnikant S. Ajmera has been elected as the President of CREDAI (Confederation of Real Estate Developer’s Association of India), the apex body of real estate developers / builders across India. Mr. Ajmera is the Managing Director of Shree Precoated Steels Limited (SPSL), a flagship company of US$ 450 million Ajmera Group. Mr. Ajmera will replace Mr. Ramani Sastri, Sterling Developers , Bangalore at this position.


Reacting to his election Mr. Ajmera, 54, said “It is indeed an honor to lead such an august body of peers. I will strive hard to solve the issues concerning the construction industry and ensure that we are heard at the right forums.”


Mr. Ajmera has been the Vice President of CREDAI. In the past he has also been the President of Maharashtra Chamber of Housing Industry (MCHI). His recommendations have proved beneficial to the overall real estate market.


Mr. Rajnikant Ajmera is the force behind the growth of Ajmera Group of Companies. Under his able stewardship, a large number of housing colonies have been successfully completed in the shortest possible time and the group has also attained ISO 9000–2000 certification


Sourced From: Prana Public Relations

Ajmera Realty stock price

On May 22, 2015, Ajmera Realty and Infra India closed at Rs 170.40, down Rs 4.5, or 2.57 percent. The 52-week high of the share was Rs 180.40 and the 52-week low was Rs 57.00.

The company's trailing 12-month (TTM) EPS was at Rs 2.91 per share as per the quarter ended December 2014. The stock's price-to-earnings (P/E) ratio was 58.56. The latest book value of the company is Rs 98.08 per share. At current value, the price-to-book value of the company is 1.74.

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