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KNR Constructions

BSE: 532942|NSE: KNRCON|ISIN: INE634I01029|SECTOR: Construction & Contracting - Civil
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Company History - KNR Constructions
Our Company was incorporated on July 11, 1995 
 in the name and style of KNR Constructions Limited 
 under the Companies Act, 1956 with the Registrar of Companies, 
 Andhra Pradesh and received certificate of
 commencement of business on August 9, 1995. The registered 
 office of our Company is situated at 6-3-635,Akash Ganga, 
 3rd Floor, Khairatabad, Hyderabad.
 
 Changes in registered office address
 
 At the time of incorporation our registered office was 
 situated at Plot No. D-26, Madhuranagar, Hyderabad. 
 However w.e.f. May 21, 1998,we shifted our registered 
 office to Plot No. 609, Aditya Enclave, Nilgiri Block,
 Ameerpet, Hyderabad and thereafter to our present registered 
 office at 6-3-635, Akash Ganga, 3rd Floor,Khairatabad, 
 Hyderabad w.e.f. August 25, 2000.
 
 2009
 
 --Registered Office of the Company has been shifted to
 8-2-686/B/6/A/302, 12th Square Building, 3rd Floor, Road No 12,
 Banjara Hills, Hyderabad - 500034, Andhra Pradesh
 
 Acquisition of assets and liabilities of partnership business 
 of M/s K Narasimha Reddy & Co
 
 Our Company had acquired, at their book values the assets and
 liabilities of partnership business of M/s K Narasimha Reddy & Co.
 (the firm) for a total consideration of Rs.31.86 million w.e.f. 
 April 1, 1997. At the time of acquisition, the firm was engaged
 in the business of undertaking civil and mechanical contracts work. 
 The firm was constituted in the year 1979 and was e-constituted 
 on several occasions. At the time of acquisition following 
 persons were the partners in the firm:
 
 1995 Incorporation of our Company as KNR Constructions 
 Limited on July 11, 1995 under the Companies Act, 1956
 
 1997 Acquisition of assets and liabilities of partnership firm
  M/s K Narasimha Reddy & Co.
 
 2000 Formation of joint venture with Patel Engineering Limited
 
 2002 Achieved a consolidated turnover of over Rs. 1,000 million.
 
 2004 Achieved a consolidated turnover of over Rs. 2,000 million.
 
 Successful completion of project worth Rs. 2,550 million namely 
 rehabilitation and upgrading of Surat - Manor section of NH-8
 
 2005 Diversified into Irrigation and Water Supply projects and 
 secured the first irrigation project worth Rs.1,494 million with 
 our joint venture partner Backbone Projects Limited
 
 Secured the first BOT project with our joint venture partner Patel 
 Engineering Limited in the State of Karnataka worth approximately
 Rs. 4,420 million.
 
 2006 Diversified into urban water infrastructure management by 
 securing contract from Bangalore Mahanagara Palike worth 
 approximately Rs. 452 million.Achieved a consolidated turnover
 of over Rs. 3,000 million.
 
 2007 Secured the second BOT project worth approximately Rs. 
 5,180 million with our joint venture partner Patel Engineering 
 Limited in the State of Andhra Pradesh .
 
 2009
 
 - KNR Constructions Ltd has bagged order worth of Rs. 231.28 Crores.
 
 
 2010
 
 -KNR Constructions Ltd has established a wholly owned Subsidiary in
 Ras Al Khaimah, IJAE in the Name KNRCL FZE and all necessary
 statutory formalities in this regard have been complied. This
 Subsidiary is engaged in General Trading Activities.
 
 -KNR Constructions Ltd has 50:25:25 joint venture with JKM Infra
 Projects Pvt. Ltd. and Kamala Constructions has been awarded by
 Government of Bihar, Water Resources Department an order worth Rs
 225.27 Crcres towards All works (including Canal System & Buildings)
 under E.R.M. (Extension, Renovation & Modernisation) of Eastern Kosi
 Canal System in the State of Bihar.
 
 2011
 
 -KNR Constructions Ltd has that one of Company's Wholly owned
 Subsidiary Company KNR Infrastructure Projects Private Limited has
 successfully completed its first shipment of IRON ORE FINES export to
 CHINA.
 
 -The Company has been awarded by NHAI an order towards Two Laning of
 Muzaffarpur-Barauni section of NH-28 from KM 519.600 to KM 627.000 in
 the State of Bihar Under NHDP phase IVB through Public Private
 Partnership (PPP) ON Design.
 
 -The Company have been awarded by M/s. GMR Projects Private Limited &
 M/s. GMR Kishangarh Udaipur Ahmedabad Expressways Limited, the Project
 of DESIGN, BUILD, FINANCE, OPERATE, AND TRANSFER (DBFOT) TO AUGMENT
 THE EXISTING ROAD ON THE KISHANGARH UDAIPUR AHMEDABAD SECTION OF
 NATIONAL HIGHWAY No. NH -79A, NH - 79, NH - 76 AND NH - 8 IN THE
 STATES OF RAJASTHAN AND GUJARAT on a TURNKEY FIXED EPC PRICE BASIS,
 the worth of which is Rs. 620,00,00,000 (Rupees Six Hundred Twenty
 Crores only).
 
 
 2012
 
 -KNR Construc - Completion of work in record period of 73 days
 against scheduled period of 180 days.
 
 -Receipt of BOT Project on Toll Basis - with Grant.
 
 --Registered Office of the Company has been shifted to C-125, Anand
 Niketan, New Delhi - 110021
 
 2013
 -KNR Constructions recommends Dividend of Re. 1.00 per Equity Share
 for the year ended March 31, 2013
 
 2014
 -KNR Constructions has received an EPC order worth of Rs. 290.25
 Crores
 KNR Constructions Board recommends Dividend of Re. 1.00 per (Rupee
 One only) Equity Share for the year ended March 31, 2014
 -KNR Constructions has received an EPC order worth of Rs. 146.12
 Crores
 -KNR Constructions has received an orders worth of Rs. 68.37 Crores
 -KNR Constructions has received an orders worth of Rs. 109.56 Crores
 -KNR Constructions bags order worth Rs 68.37 crores from Government
 of Karnataka
 -KNR Construction bags EPC order worth Rs. 209.25 crores
 -KNR Constructions receives order worth Rs 109.56 crcrore from the
 Madhya Pradesh Road Development Corporation Limited.
 
 2015
 -KNR Constructions receives 3 orders for road projects
 -KNR Constructions has received Provisional Completion Certificate
 for 100 % Project Length
 -KNR Constructions has received its First International Orders worth
 of Rs. 515.33 Crores
 -KNR Constructions wins roadcontract worth Rs 729 cr
 -KNR Constructions has received orders worth of Rs. 937.08 Crores
 -KNR Constructions has received orders worth of Rs. 669.06 Crores
 
 2016
 - KNR construction wins award from NHAI
 
 
Source : Dion Global Solutions Limited
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