Ajmera Realty & Infra India Ltd
Ajmera Realty & Infra India Ltd (AJMERA)

Ajmera Realty & Infra India Ltd (AJMERA)

₹257.054.62%

Key Stats

₹253
Day's Price Range
₹263
₹210
52-Week Price Range
₹495
1 Month Return-1.09 %
3 Month Return-10.04 %
1 Year Return-15.64 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 68
21.13
EPS
Rank 23
₹12.75
BVPS
Rank 21
₹187.31
Dividend Yield
Rank 16
1.19%
ROE
Rank 90
4%
Price To Book Ratio
Rank 60
1.43
Debt To Asset
Rank 113
0.64

Company Information

Ajmera Realty Infra India Ltd the leading player in Real Estate and Steel was started its journey in 18th March of the year 1985 as RVS Steels and Allied Industries. Subsequently the name of the Company was changed to Shree Precoated Steels Ltd in 24th October of the year 1985. The Certificate of Commencement was obtained on 6th January 1986. Shri C S Ajmera and Associates took over the Company on 6th October of the year 1986. The Company manufactures and supplies color coated steel coils and sheets in India. The companys color coating line of products include prepainted galvanised steel coils and sheets galvanized line of products comprise galvanized steel coils and sheets CR line of products consists of cold rolled steel coil and HR pickled line of products include hot rolled products which all are comes under the brand names of METACOLOR Prepainted galvanised Steel Coils Sheets METAGALVA Galvanized Steel Coils Sheets and METACOR Cold rolled steel coils. As a part of its thrust on globalization SPSL has been accredited with ISO 9001 certification by DNV Netherlands. Plant of the company built on a land size of 250000 sq. mtrs at Sanaswadi near Pune and is located about 100kms from JNPT Port and 165 kms from Mumbai the central hub of Industrial and Financial activities of India. METACOLOR Plant installed in technical collaboration with Cockerill Mechanical Industries CMI Europe. METAGALVA steel sheets manufactured in a stateoftheart plant employing mini spangle equipment from U.S.A. METACOR is cold rolled in a modern and highly advanced computerized Cold Rolling Mill where strip shape dimensions and tolerances are closely and continuously monitored.The Company has changed their Collaborator from Hunter Engineering USA to Cockerill Mechanical Industries Belgium during the year 1985 due to the availability of better terms and conditions better technology superior equipment and product mix. Ajmera came out with a public issue in March of the year 1992 to partfinance of the various projects of the company. During the year 199495 the company implemented a backward integration programme of 1.20 lack tonnes of coldrolled coils and 1 lack tonnes of galvanised plain / corrugated sheets at an estimated cost of Rs 153 cr. The Company also added additional trapezoidal profiles to offer valueadded products for the niche market. A year after the company successfully erected and commissioned galvanising line. During the same year of 199596 the company was also appointed as authorised Builder in India for Butler Manufacturing Company USA to sell their PreEngineered Metal Building System. In the year 199798 the company installed Galvanising line G P coils with capacity of 120000 MT and GP/Aluminium Colour Coated Trap Sheets with capacity of 7435 MT. The Company awarded ISO 9001 certificate for manufacturing GI and Aluminium Colour Coated Sheets in the year of 199899. The company has registered with the Board for Industrial Financial Reconstruction BIFR and has been declared as a sick industrial company in 3rd March of the year 2000 and has appointed ICICI as an operating agency. The Rehabilitation Scheme had been sanctioned by the BIFR in 13th November 2002. Ajmera had been discharged from the purview of the Sick Industries companies in 4th November of the year 2004. During the year 200405 the company commissioned the Hydrochloric Acid Pickling Line which provide total recovery of used acid with least HCL PPM escape and the purest iron oxide byproduct recovery unit for quality export of high value iron oxide. During the year 200506 the company has entered into technology transfer agreement with M/S Thyssen Kruppof Germany in the areas of operating practices of complete CRM complex and quality control measures. As well as the production know how of AluminumZinc coating on the existing setup. The company established the first time in the world the nearinfra red curing process and Revolving Thermal Oxidation process for Colour Coating Technology in CCLII line in May of the year 2006. The next generation technology Second Colour Coating Line was successfully commenced in the year 2006. A landmark amalgamation of Anik Development Corporation Pvt Ltd ADCPL with the company was completed all the assets and liabilities of ADCPL has been transferred to the company with effect from 20th December of the year 2006. During the year 200607 the company to raise its stature to be bracketed in one of the leading builders of Maharashtra State and its successful operation s in Karnataka State and Joint Venture in Bahrain has consolidated and ushered it to higher levels of growth in real estate business. As at May 5th of the year 2008 the company changed its name from Shree Precoated Steels Ltd to Ajmera Realty Infra India Limited. The Company plans to sell 10 15 of its stake to a private equity fund in order to rise about INR 7 billion. Ajmera has been certified by Det Norske Veritas DNV certification B.V of the Netherlands for its environmental management system EMS under the international ISO 14001:1996 standard.
OrganisationAjmera Realty & Infra India Ltd
HeadquartersMumbai
IndustryRealty