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Rajnikant Ajmera

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Rajnikant Ajmera (born 3 March 1953)[1] is an industrialist based in Mumbai.[1][2]

Education[edit | edit source]

He is a diploma holder in civil engineering[3] from Cardiff University.[4]

Business[edit | edit source]

He is the founder of Ajmera Group and currently heads the US$450 million worth Ajmera Group having core interests in realty, construction, cement and related businesses with the flagship listed company of Ajmera Realty & Infra India Limited founded by him in 1985.[5][1][2] Rajnikant Ajmera diversified the group into solar power generation in 2012 with subsidiaries named Ajmera Biofuel and Contra Power.[6][7] The Ajmera group he heads has diversisfied also into manufacturing of seamless capsules.[8]

Apart from Ajmera group he is also heads the Shree Percoated Steels Limited.[2][9] He was elected as the President of CREDAI (Confederation of Real Estate Developers Association of India), the apex body of real estate developers across India in April 2007.[2] and also has been the President of Maharashtra Chamber of Housing Industry (MCHI).[2] He has served also as President of the Cold Rolled Steel Manufacturers Association of India.[8]

Ajmera group was also in news when they jointly with Bakeri group purchased Ahmedabad's prestigious Calico Mill's property at government auction for Rs. 350 crores in 2010.[10] Further, Ajmera is a joint partner with Mayfair Housing in Bahrain Bay Project being built on the sea land reclaimed near Manama, the capital of Bahrain.[11][12]

Awards[edit | edit source]

In 2018 he was awarded with coveted 'Lifetime Achievement of the Year' Award by CREDAI-MCHI Golden Pillar Awards at a ceremony held in Mumbai, presided over by Governor of Maharashtra, C. Vidyasagar Rao. The State Cabinet Minister of Housing, Prakash Mehta, the State Industries Minister, Subhash Desai and Member of Legislative Assembly Mangal Prabhat Lodha presented the Awards.[13]

Philantrophy[edit | edit source]

He also heads his family's charitable trusts and is trustee in several trusts belonging to BAPS Swaminarayan Sampraday.[14] He is also a trustee and executive committee member of Sri Vile Parle Kelvali Mandal (founded 1934), which runs many educational institutions in Mumbai.[15][16]

References[edit | edit source]

  1. 1.0 1.1 1.2 "Ajmera group CMD celebrates milestone". DNA Mumbai. 3 March 2013. Retrieved 25 March 2013. 
  2. 2.0 2.1 2.2 2.3 2.4 "Rajnikant S Ajmera appointed President of CREDAI". 2 April 2007. Retrieved 25 March 2013. 
  3. "Rajnikant S Ajmera". Retrieved 3 September 2014. 
  4. "Bloomberg". Retrieved 13 December 2016. 
  5. "Ajmera Realty & Infra India Share Price Live, Ajmera Realty & Infra India Stock Price Today". The Economic Times. Retrieved 5 June 2018. 
  6. "Ajmera Realty & Infra India Ltd". @businessline. Retrieved 5 June 2018. 
  7. "Ajmera Realty and Infra India forays into solar power project". Retrieved 5 June 2018. 
  8. 8.0 8.1 "Rajnikant Shamalji Ajmera - Biography". www.4-traders.com. Retrieved 28 May 2018. 
  9. Business India. A. H. Advani. 1996. p. 144. Retrieved 28 May 2018. 
  10. "Calico chimney would hold city's heritage high". Times of India. 27 April 2010. Retrieved 25 March 2013. 
  11. "Indian developer raises Bahrain Bay investment 10-fold". ArabianBusiness.com. Retrieved 23 May 2018. 
  12. Staff, Hotelier Middle East. "Bahrain Bay to receive $300mn additional funding | HotelierMiddleEast.com". HotelierMiddleEast.com. Retrieved 23 May 2018. 
  13. "Mumbai Witnessed Most Spectacular Awards Extravaganza, CREDAI-MCHI - The Golden Pillar Awards /PR Newswire India/". www.prnewswire.co.in. 8 May 2018. Retrieved 23 May 2018. 
  14. Trustee of SS Ajmera Trust, He is Shanakwasi Jain and active participant in vadtal Swaminarayan Mandir.
  15. SVKM
  16. [1]



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