Saturday, July 13, 2024

REPL Listed on NSE

Leading integrated Infrastructure consultancy firm REPL (Rudrabhishek Enterprises Limited) today got listed on National Stock Exchange (NSE). Two years back in 2018, the company had launched its IPO and subsequently got listed on the NSE-Emerge platform under the SME section. The stock opened at a price of Rs. 100.8 on a listing day. This listing will enable the company to reach out to the wider investor community and increase visibility in the industry.

The stock of the Company has given a return of more than 140 % to its shareholders in the last 2 years. The company had launched its IPO in July 2018 which was fully subscribed then. The consolidated revenue of the Company at the time of IPO (FY 2017-18) was INR 43.9 Crores which grew to Rs. 83.1 Crores as per the last annual results (FY 2019-20). After the IPO, the company has registered robust growth on all major financial parameters for successive years.

During the last 2 years the company has bagged several projects including the smart city projects, Metro rail project in Chennai, Skill India training (DDU-GKY); Indo-Nepal integrated check post, National Highways in Manipur, among various other assignments that have built a strong order book. Presently the company has work order of worth Rs. 375 crores in hand. The geographical reach of the Company has also increased with ongoing projects spanning across all parts of the country. The listing ceremony was held in IIC (India International Centre), New Delhi and on-line streaming of event was broadcasted on social media handles.

Talking about the development Mr. Pradeep Misra, CMD, REPL said, “This is a significant milestone for the organization. We are one of its kind company to get listed in India’s biggest stock exchange – NSE. The progress is indeed a testimony to our performance and confidence that our clients have bestowed on us. We are ready to take the plunge and scale new heights as the infrastructure development in India is picking up momentum. Our domain expands to multiple sectors where knowledge based consultancy is required.”

REPL is already working on many infrastructure and planning projects for both the state and central government’s projects pan India including Smart Cities projects, PMAY, BIM consultancy for Chennai Metro, GIS-Based master plans, water supply system, street vending plans, online building plan approval system (OBPAS) etc.

Recent Articles

Related Stories

Leave A Reply

Please enter your comment!
Please enter your name here

Stay on op - Ge the daily news in your inbox