Sunteck Realty Ltd.
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Public | |
Traded as | BSE: 512179 NSE: SUNTECK |
ISIN | 🆔INE805D01034 |
Industry | Real estate development, Construction |
Founded 📆 | 1981Mumbai, Maharashtra, India in |
Founder 👔 | Kamal Khetan |
Headquarters 🏙️ | Mumbai, India |
Area served 🗺️ | India |
Services | Commercial and residential property development |
Revenue🤑 | ₹9,522 million (US$130 million)[1] (2017) |
₹2,040 million (US$28 million) (2017) | |
Members | |
Number of employees | |
Subsidiaries | Amenity Software Pvt Ltd Magenta Computer software Pvt Ltd Satguru Infocorp Services Pvt Ltd Piramal Sunteck Realty Pvt Ltd |
🌐 Website | Official website |
📇 Address | |
📞 telephone | |
Sunteck Realty (BSE:512179, NSE:SUNTECK) is a publicly traded real estate company, headquartered in Mumbai, India.[2][3][4][5] It was incorporated in 1981.[6] The company is engaged in development and management of residential and commercial properties.[7]
It is a public company listed on the Bombay Stock Exchange (BSE)[8][9] and National Stock Exchange of India (NSE), since 2009.[10] Sunteck Realty has market capitalization of ₹57.26 billion (US$800 million), as of March 2018, reportedly by The Wall Street Journal.[6]
Sunteck's stock is valued much higher than its competition, reportedly by Forbes in 2010.[2]
History[edit]
In 1981, Suntech Realty was founded by Kamal Khetan, who ranked #91st in the list of Forbes's India's Richest People in 2009.[11]
In January, 2013, Piramal Group announced a joint venture with Sunteck Realty, called Piramal Sunteck Realty,[12] by acquiring 3.5% stake in the company.[13] The company has partnership with Piramal Group since 2006.[11][14]
Projects[edit]
Some of its commercial projects includes Sunteck Centre, Sunteck Certainity, Sunteck Grandeur and luxury residential projects are Signature Island, Signia Pearl and Signia Isles.[4]
Awards & recognition[edit]
- Received the NDTV Property Awards for Signature Island in 2016.[15]
See also[edit]
Other articles of the topic India : Serafim Kalliadasis, Josh (2000 film), Uttarakhand Kranti Dal, Loknayak Jai Prakash Institute Of Technology
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References[edit]
- ↑ "Sunteck Realty Q4 net profit op 65% year-on-year". The Economic Times. May 23, 2018.
- ↑ 2.0 2.1 T., Surendar (February 9, 2010). "Room At The Top". Forbes.
- ↑ Bundhun, Rebecca (April 16, 2015). "Branded Homes Make Waves Among the Elite in India". The New York Times.
- ↑ 4.0 4.1 Lall, Pavan (Jul 18, 2017). "Making millions from marshes". Fortune.
- ↑ "Mumbai based Sunteck Realty's March quarter earnings preview". The Economic Times. May 23, 2018.
- ↑ 6.0 6.1 "Sunteck Realty Ltd". The Wall Street Journal. Retrieved 10 June 2018.
- ↑ Pallavi (November 13, 2017). "Sunteck sees good home demand at lower prices". Fortune.
- ↑ "Sunteck Realty among scrips to be shifted to Group A: BSE". India Infoline. December 30, 2017.
- ↑ "Sunteck Realty Ltd". bseindia.com. Bombay Stock Exchange. Retrieved June 10, 2018.
- ↑ "Sunteck Realty Ltd" (PDF). nseindia.com. Retrieved June 10, 2018.
- ↑ 11.0 11.1 "India's Richest #91 Kamal Khetan". Forbes. November 18, 2009.
- ↑ "Ajay Piramal floats realty JV with Sunteck". Business Standard. January 20, 2013.
- ↑ "Piramal buys 3.5% stake in Sunteck Realty for around ₹65 cr". The Hindu Business Line. March 20, 2014.
- ↑ "Piramal Enterprises floats joint venture with Sunteck Realty". The Financial Express (India). November 16, 2007.
- ↑ "Property Awards Winners 2015". NDTV.
External links[edit]
- Official website
- Sunteck Reality on India Brand Equity Foundation
- Correction is real estate prices is unlikely: Kamal Khetan on DNA India
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- Real estate companies of India
- Indian companies established in 1981
- Companies based in Mumbai
- Real estate and property developers
- Construction and civil engineering companies established in 1981
- 1981 establishments in India
- Companies listed on the National Stock Exchange of India
- Companies listed on the Bombay Stock Exchange
- Publicly traded companies