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Omaxe Ltd.

BSE: 532880 | NSE: OMAXE |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE800H01010 | SECTOR: Construction & Contracting - Real Estate

BSE Live

Aug 04, 12:43
87.05 -2.00 (-2.25%)
Volume
AVERAGE VOLUME
5-Day
9,246
10-Day
8,376
30-Day
14,257
4,698
  • Prev. Close

    89.05

  • Open Price

    87.55

  • Bid Price (Qty.)

    86.85 (1)

  • Offer Price (Qty.)

    86.95 (1)

NSE Live

Aug 04, 12:44
87.00 -1.90 (-2.14%)
Volume
AVERAGE VOLUME
5-Day
165,632
10-Day
133,066
30-Day
266,987
55,524
  • Prev. Close

    88.90

  • Open Price

    88.20

  • Bid Price (Qty.)

    86.80 (7)

  • Offer Price (Qty.)

    87.00 (285)

Company History - Omaxe
Our Company was incorporated on March 8, 1989 as Omaxe 
 Builders Private Limited under the Companies Act, 1956. 
 We changed our name to Omaxe Construction Private Limited, 
 which was approved by the Registrar of Companies, National 
 Capital Territory of Delhi and Haryana through their approval 
 letter dated March 4, 1997.
 
 We converted to a public company with the name of Omaxe 
 Construction Limited by passing a special resolution in terms of 
 section 31/21 read with section 44 of the Companies Act, 1956, 
 which was approved by the Registrar of Companies, National 
 Capital Territory of Delhi and Haryana through their approval letter
 
 dated August 10, 1999. We changed our name to Omaxe Limited 
 with effect from June 6, 2006.
 
 Our registered office is situated at 7, Local Shopping Centre, 
 Kalkaji, New Delhi 110 019.
 
 Major Events:
 
 Year                       Event
 
 March 1989         Omaxe Builders Private Limited was incorporated
 
 March 1997         We changed our name to Omaxe Construction 
                                 Private Limited
 
 August 1999        We converted to a public company with the name 
                                 of Omaxe Construction Limited
 
 1999                     Awarded the achiever of the Millennium Award
 by 
                               All India Achievers Conference and
 Pride of the 
                               Country Award by the Society of
 Industry and
                               Business Achievements.
 
 2003                    First integrated township NRI City in Greater
 Noida
 
 2004                    First theme mall in India Launch of The
 forest luxury 
                              apartments
 
 March 2006       Received ISO 9001:2000 rating from Det Norske
 Veritas 
                              in relation to Real Estate Development &
 Construction 
                              of Housing Complexes, Shopping Malls,
 Utilities & Other 
                              Infrastructure Projects.
 
 June 2006           We changed our name to Omaxe Limited.
 
 July 2006             Received 5A2 rating from D & B Rating for
 financial 
                                Strength and the composit appraisal of
 the Company.
 
 August 2006        Received PR1 rating from Credit Analysis and
 Research 
                                 Limited for strong capacity for
 timely payment of short- term 
                                 debt obligations and carrying the
 lowest credit risk.
 
 September 2006  Received rating of A (ind) from Fitch Rating India
 Private 
                                   Limited in relation to the Rs.
 3,000 million long tern debt 
                                   program of Omaxe Limited.
 
 
 2008
 
 -Omaxe Limited has informed that There has been a change in status of
 Directorship of Mr. Arvind Parakh. Mr. Parakh shall act as a Director
 only and has tendered his resignation from the post of CEO-Corporate
 Strategy and Finance (Whole Time Director) w.e.f. February 02,2008
 due to some personal reasons. In view of above he will continue to
 act as Director of the company.
 
 
 2009
 
 -Company has undertaken the following new projects 1. Launch of the
 new project Omaxe Eternity, Vrindavan -  The Company has launched a
 new project Omaxe Eternity in Vrindavan spread over an area of
 approx. 52 acres.
 
 - The Company has been awarded a Construction project for
 construction of Convention Centre, Library and Computer Centre at
 Deshbandhu Chhottu Ram University of Science and Technology at Mumbai
 in Sonipat Disstt.
 
 - The Company has purchased all the 10000 shares of Rs 10/- each of
 Oasis Township Pvt. Ltd. Accordingly, the aforesaid Company has
 become the wholly owned subsidiary of the Company.
 
 
 2010
 
 - Omaxe lays foundation for 'Omaxe Waterfront' the first Hi-Tech
 Township in Allahabad.
 
 - the Company has been awarded with the contract to construct the
 Package I - Medical Collage Complex at All India Institute of Medical
 Sciences (AIIMS), Rishikesh, Uttarakhand.
 
 - Omaxe launches India Trade Tower.
 
 - Omaxe launches NAFFHIL Homes.
 
 - Omaxe gets Rs 70 cr project from GMADA.
 
 
 2011
 
 - Omaxe - Contract for Construction of Dwelling Units including
 Allied Services for Officers, JCOs/OR at Deolali (Army) and Nas.
 
 - Omaxe Bags a Construction Contract.
 
 2012
 
 -Omaxe successfully allots 99 EWS plots at Omaxe City, Palwal.
 
 -Omaxe engages customers for a green cause.
 
 2013
 -Omaxe ties up with Wizcraft to set up special theme zone.
 -Omaxe have recommended a dividend of Rs. 0.70 per share (7%) on
 equity share of Rs. 10 each.
 -Omaxe Ltd has announces bonus in the Ratio of 10:39
                                                                   
 2014
 -Omaxe-M/s. PP Devcon Private Limited has become subsidiary of the
 Company.
 -Omaxe launches Residential Apartments Omaxe Royal Residency in
 Faridabad.