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Ashiana Housing

BSE: 523716|NSE: ASHIANA|ISIN: INE365D01021|SECTOR: Construction & Contracting - Housing
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Company History - Ashiana Housing
The Company was incorporated as a Public Limited Company on 25th June,
 1986 and registered with the Registrar of Companies, West Bengal at
 Calcutta.  The Certificate for Commencement of Business was obtained
 by the Company on 30th June, 1986.  The Company was formed by a group
 of engineers who had started real estate development in Bihar in 1979.
  Since then, the Company has shown good progress in the real estate
 development and has achieved increasing growth in income.  Its
 activities have recently been extended to Ghaziabad in Uttar
 Pradesh.
 
 The Ashiana Group's origin lies in its having started a flour milling
 industry in the state of Bihar in 1961.  Since then the group has
 multiplied its activities by establishing further roller flour mills
 in Bihar, a biscuit unit in Patna, engineering units in Patna and
 Bokaro and an edible oil refinery in Rajasthan.  The group has also
 entered into the field of high value added leather garment exports. 
 Presently the garments are being exported to U.S.A., Japan & European
 markets.  The Ashiana Group consists of :
 1.  Ashiana Agro Industries Ltd.
 2.  Ashiana Homes Pvt.Ltd.
 3.  Ashiana Projects Pvt.Ltd.
 4.  Ashiana Apartments Pvt.Ltd.
 5.  Ashiana Intercontinental Ltd.
 6.  Gupta Foods Ltd.
 7.  Danapur Flour Mills Pvt.Ltd.
 8.  Balajee Roller Flour Mills Pvt.Ltd.
 9.  Bokaro Roller Flour Mills Pvt.Ltd.
 10. Ashiana International (Partnership firm)
 
 All the companies (except Ashiana Agro Industries Ltd.) are closely
 held and not listed on any stock exchange.  A group Company M/s
 Ashiana Agro Industries Ltd., which came for a public issue in
 Nov.1991, had indicated in the prospectus that the commercial
 production of that project would commence in the IInd quarter of
 1992.  This has since been delayed and is expected to commence only
 in Dec.1992.
 
 The Company does not have any subsidiaries.
 
 The Company has been promoted by Shri B P Gupta, Shri O.P. Gupta and
 Shri R K Modi.  The Company is headed by its Chairman Shri  B.P.
 Gupta, who is a law graduate from Meerut University and has also been
 the Founder Director of Magadh Stock Exchange.  					
 
 2008
 
 -Ashiana Housing Ltd has informed that the Calcutta Stock Exchange
 Association Ltd (CSE) has delisted Company'''+'s securities from its
 exchange vide letter dated April 30, 2008 in respect of Company'''+'s
 application for voluntary delisting of shares.
 
 - Company name has been changed from Ashiana Housing & Finance
 (India) Ltd to Ashiana Housing Ltd.
 
 -The Company has issued Bonus Shares in the Ratio of 5:2.
 
 2010
 
 - Ashiana Hous - Hands over Ashiana Aangan Phase-II.
 
 - Ashiana Hous - Launch of Phase -2 of Utsav Project in Lavasa.
 
 -  Board has recommended a dividend of Rs. 1.50/- per equity share.
 
 - AshinaHsng&F - Asia's best under a billion 2010 list of Companies.
 
 2011
 
 - AshinaHsng&F - Ashiana Housing Hands over Ashiana Anagan Phase-III,
 Bhiwadi.
 
 - AshinaHsng&F - Launch of UTSAV CARE HOMES.
 
 - AshinaHsng&F - Land Acquired at Thada, Bhiwadi.
 
 - AshinaHsng&F - Forbes Ranks Ashiana Housing Ltd in 'Asia's Best
 Under a Billion' Companies.
 
 - Ashiana Aangan and Woodlands awarded Best Residential Projects in
 Zee Business RICS Property Awards 2011.
 
 2012
 
 - AshinaHsng&F - Land acquired at Village Manpur Bhatawala, Jaipur.
 
 - Board has recommended a dividend of Rs. 2.25/- per equity share of
 Rs. 10/- each.
 
 - CREDAI India awards Ashiana Utsav, Bhiwadi the Best Theme Based
 Township (Non-Metro).
 
 2013
 -Ashiana Housing has unveiled its new logo which shows a baby in a
 mother’s safe embrace.
 - Ashiana Housing 90A Approval of Ashiana Dwarka, Jodhpur.
 -Ashiana Housing Project Launch, Jamshedpur.
 -Ashiana Housing Launch of Ashiana Town at Thada, Bhiwadi.
 -Ashiana Housing has splits its face value from Rs 10/- to Rs2/-
                                                     
 
 
 2014
 -Ashiana Housing Ltd has launched residential project Ashiana Navrang
 located in Halol (Gujarat).
 -Ashiana Umang in Jaipur (Rajasthan). 
 -Ashiana Housing Ltd has entered the Chennai market by signing a
 Development Agreement, on revenue sharing basis, with Escapade Real
 Estate (P) Ltd.
 -launch of residential project Ashiana Surbhi located in Bhiwadi
 (Rajasthan).
 
 2015
 -Ashiana Housing Ltd. Launch of Ashiana Anmol project at Sohna
 (Gurgaon)
 -Ashiana Housing gets Bhamashah award from Rajasthan Govt
 -Registration of Development Agreement with respect to project in
 Kolkata
 -Ashiana Housing inks deal to develop a project in Jamshedpur
 -Entered into an Understanding for Development of project in
 Tamshedpur
 
 2016
 -Ashiana Housing signs agreement for housing project in Jaipur
 -Ashiana Housing, club house ready at ashiana navrang, halol,
 gujarat
 -Ashiana gurgaon science festival with chota bheem at ashiana anmol
 -Senior citizens galore at ashiana housings active senior citizen
 conclave in chennai
 
 
Source : Dion Global Solutions Limited
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