Ganesh Housing Corporation Ltd (GANESHHOUC)

Ganesh Housing Corporation Ltd is one of the leading developers of real estate in Ahmedabad. The company is engaged in the business of construction and real estate development in and around Ahmedabad. They are developing several projects in the Residential Commercial Hospitality SEZs Integrated Townships and Retail segment of Ahmedabad real estate market.The Company was the first real estate development company in Gujarat to receive an ISO 9001:2000 certification for construction methodology and excellence in quality of work endorsed by KPMG USA. Also the company is one of the pioneers in using earthquake resistant schemes in their projects.Ganesh Housing Corporation Ltd was incorporated as a public limited company in the year 1991 with the name Ganesh Housing Finance Corporation Ltd. Over the years the company has developed more than 15 million sq ft residential space and today they are among the top developers of real estate in the city of Ahmedabad.In the financial year 199697 the company reduced the nonfund based activities and concentrated only on fundbased activities. During the financial year 19992000 the company changed their name from Ganesh Housing Finance Corporation Ltd to Ganesh Corporation Ltd. Also Sunrise Fincap Ltd ceased to be a subsidiary of the company during the same financial year.During the year 200203 the company completed the project namely Ratnam and during the year 200304 they completed two projects namely Maniratnam and Maniratnam II. During the year 200405 the company signed a MoU with the Government of Gujarat under Vibrant Gujarat for setting up International Pharma and Biotech Park at Changodar Matoda Ahmedabad and they completed this project during the year 200506.During the year 200607 the company signed a MoU with Government of Gujarat for setting up a Special Economic Zone for IT and ITES at Chharodi and in February 2007 they signed another MoU with Government of Gujarat for establishing Integrated Township under the banner of Smart City at Godhavi village in Sanand. The company forayed into commercial space during the year by setting up Ganesh PlazaI and II.During the year 200708 the five companies Ramasagar Infrastructure Pvt Ltd Nachiket Properties Pvt Ltd Manjari Thaltej Complex Pvt Ltd Shaharsh Infrastructure Pvt Ltd and Ganesh Infrastructure Pvt Ltd amalgamated with the company with effect from October 1 2006. And Ganesh Infrastructure India Pvt Ltd and Yash Organiser Pvt Ltd became wholly owned subsidiaries of the company during the same year. Ganesh Infrastructure India Pvt Ltd is in the process of setting up an integrated township near Ognaj in Ahmedabad on 210 acres of land. The company has entered into joint venture agreement with private equity player namely Monsoon India Infrastructure Direct II Ltd. Yash Organiser is constructing Commercial Shopping Mall at Ahmedabad in the name of GLOMAX.The Company is in the process of setting up a Golf township on 450 acres of land situated at Godhavi in Ahmedabad. Also three residential projects namely ShangriLa ShangriLaII and MahalayaII are being implemented in full swing. The company is implementing a project namely Mallmax with the total cost of Rs 342.29 million at Paldi. Also they are implementing two residential projects namely Maple County and Suyojan.

Ganesh Housing Corporation Ltd Share Price: ₹306.30 per share as on 23 Mar, 2023 04:01 PM
Ganesh Housing Corporation Ltd Market Capitalisation: ₹2,864.35Cr as of today
Ganesh Housing Corporation Ltd Revenue: ₹67.38Cr as on December 2022 (Q4 22)
Ganesh Housing Corporation Ltd Net Profit: ₹21.13Cr as on December 2022 (Q4 22)
Ganesh Housing Corporation Ltd Listing date: 01 Apr, 1995
Ganesh Housing Corporation Ltd Chairperson Name: Dipak G Patel