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Vijay Shanthi Builders > Company History > Construction & Contracting - Housing > Company History of Vijay Shanthi Builders - BSE: 523724, NSE: VIJSHAN
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Vijay Shanthi Builders

BSE: 523724|NSE: VIJSHAN|ISIN: INE806F01011|SECTOR: Construction & Contracting - Housing
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Company History - Vijay Shanthi Builders
Vijay Shanthi builders is a reputed Madras based company  has
 successfullyy executed projects in Madras city.  The company was
 incorporated on 6th of January 1992.
 
 It is been promoted by Mr. V.C.Jain who has been in the housing
 contruction activity for over 15 years.
 
 Currently the company is active with 13 new projects covering an area
 of 8,25,000 sq ft valued about 50 crores all slated for completion
 within 12 to 24 months.  The company is negotiating with 5 more
 projects worth RS. 1000 lakhs.  Additionally the company has now
 entered into contracting.  an agreement has been signed with BHEL
 Kotturpuram, Madras for 61 flats covering an area of 68,000 sq ft at
 a cost of 230 lakhs in Phase I.  In Phase II of this turnkey project
 for BHEL, the company will undertake 40 flats covering 38,000 sq ft
 at a cost of Rs. 218 lakhs.
 
 Lot of diversification proposals are envisaged by the company one o
 which is the manufacture and marketing of mineral water a high demand
 area, particularly in water scare Madras city.
 
 2003
 
 - The Company has amalgamated with Akash Housing Ltd.
 
 2005
 
 - The Company has recommended dividend of 5% 
 
 2006
 
 - The Company has launched a new Luxurious residential Apartment
 PATIO at Nungambakkam, Chennai.
 
 - The Company has launched a new residential project GANGOTRI on IT
 Corridor, Chennai.
 
 2007
 
 - The Company has recommended dividend of 10% 
 
 2008
 
 - The company provides E-mail ID : sect.vsbl@gmail.com for
 investors.
 
 2009
 
 - The Company has launched a housing project  named Infiniti
 
 2011
 
 - Registered Office of the Company has been shifted From Vijay
 Complex, No.3, Blackers Road, Mount Road, Chennai - 600 002 To
 No.20/43, Kasturi Rangan Road, Alwarpet, Chennai - 600 018.
 
 - The Company has launched a housing project  named Boulevard at
 Kelambakkam, Chennai.
 
 2012
 
 - The company has received three awards at the CNBC Awaz real estate
 Awards 2012 for Terracotta, Fountain Square and Infiniti.
 
 2013
 
 -Company is launching the Companys prestigious project Whistling
 Woods at Mambakkam.
 
 
Source : Dion Global Solutions Limited
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