Saturday, 29 September 2007

Monthly Call


Omaxe Limited

CMP: 333
Target 1: 358
Target 2: 370


Current Quote of Omaxe Limited

The company was originally set up as Omaxe Builders Private limited in 1989, promoted by Shri. Rohtas Goel , the founder, to undertake construction & contracting business. The company further changed its constitution to a limited company known as Omaxe Construction Ltd., in 1999. The name of the company has now changed to OMAXE LTD from 2006. The company began life as a civil construction and contracting company, has Successfully executed more than 120 prestigious Industrial, Institutional, Commercial, Residential and Hospital construction projects.

The company entered the Real Estate Development business in 2001 and in now amongst the large Real Estate Development companies in India

The company has executed construction contracts for a number of prestigious Indian private, public sector and Multinational's clients.

Omaxe was founded by Shri. Rohtas Goel , a first generation entrepreneur, a civil engineer by qualification and a visionary having more than two decades of experience in Construction and Real Estate Development. Mr. Goel, as the Chairman & Managing Director of Omaxe has been at the forefront, a man with a mission of building globally comparable quality Residential & Commercial projects, his moto "Turning Dreams Into Realty "
Omaxe has received a number of awards from the industry, recognition of its continued efforts towards achieving excellence and quality. The company became the first Construction Company of northern India to receive an ISO 9001:2000 Certification.

The company which was founded as a civil construction and contracting organization in1989 and subsequently diversified its business to focus on Real Estate Development from the year 2001, to capture the opportunity offered by the growing Real Estate markets in India , is today among the large Real Estate Development companies in India.

The company in a short span of 5 years has completed and delivered 10 projects consisting of 8 residential and 2 commercial covering approx 5.13 million sq. ft of area, with all "on time deliveries". The company currently has 52 projects under development. These include 21 group housing projects,16 integrated townships,14 shopping malls and commercial complexes and 1 hotel. The company is at present developing over 140 million sq ft of saleable area across 30 towns in 9 states in Northern and Central India..

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