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    Sadbhav Infrastructu History

    BSE:539346  |  NSE:SADBHINBE  |  IND:Infrastructure - Diversified  |  ISIN code:INE764L01010  |  SECT:Infrastructure

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    The Company History page lists out the major events in chronological order for Sadbhav Infrastructure Project Ltd.

    Company History - Sadbhav Infrastructure Project Ltd.
    The Company was incorporated as Sadbhav Infrastructure Project Limited on January 18, 2007 at Ahmedabad as a public limited company under the Companies Act, 1956. the Company obtained a certificate of commencement of business on February 7, 2007. As of the date of this Red Herring Prospectus, the Company has 51 members. For information on the Company’s profile, activities, services, market, growth, technology, managerial competence, standing with reference to prominent competitors, major vendors and suppliers.







    Major events and milestones of the Company:



    2007



    -The Company was incorporated as ‘Sadbhav Infrastructure Project Limited’.



    2011



    -The Company issued certain Equity Shares and CCCPS aggregating to Rs.4,000 million collectively to Xander and Norwest.



    -The Company acquired equity shares of BHTPL aggregating to 76.99% of the equity share capital of BHTPL resulting in the Company holding 76.99% of the share capital of BHTPL.



    -The Company acquired equity shares of ARRIL aggregating to 79.99% of the equity share capital of ARRIL from SEL resulting in the Company holding 79.99% of the share capital of ARRIL.



    2012



    -The Company acquired equity shares of NSEL aggregating to 39% of the equity share capital of NSEL from SREI Venture Capital Trust A/c Infrastructure Project Development Fund resulting in the Company and SEL collectively holding 90% of the share capital of NSEL.



    2013



    -The Company acquired equity shares of AJTL aggregating to 49% of the equity share capital of AJTL from PBA resulting in AJTL becoming the wholly owned subsidiary.



    -The Company issued SEL CCDs aggregating to Rs.750 million to SEL, the corporate Promoter.



    2014



    -The Company acquired equity shares of NSEL aggregating to 9.99% of the equity share capital oNSEL from SREI Infrastructure Finance Limited resulting in the Company and SEL collectively holding 99.99% of the share capital of NSEL.





    2015



    -The Company issued certain non convertible debentures aggregating to Rs.1,405.40 million to ITCL.



    -The Company acquired equity shares of NSEL aggregating to 21% of the equity share capital of NSEL from SEL resulting in the Company holding 69.99% of the share capital of NSEL.



    -The Company acquired equity shares of BRTPL aggregating to 26% of the equity share capital of BRTPL from SEL resulting in the Company holding 100% of the share capital of BRTPL.



    -The Company acquired equity shares of MBCPNL aggregating to 50.80% of the equity share capital of MBCPNL from SEL resulting in the Company holding 77.82% of the share capital of MBCPNL.



    -The Company acquired equity shares of RHTPL aggregating to 26% of the equity share capital of RHTPL from SEL resulting in the Company holding 100% of the share capital of RHTPL.



    -The Company acquired equity shares of SUTPL aggregating to 26% of the equity share capital of SUTPL from SEL resulting in the Company holding 100% of the share capital of SUTPL.



    -The Company acquired equity shares of HYTPL aggregating to 39.99% of the equity share capital of HYTPL from GKC resulting in the Company holding 99.99% of the share capital of HYTPL.



    -The Company issued certain listed, unsecured, rated, redeemable and taxable non convertible debentures aggregating to Rs.1,600 million to various subscribers.



    -The Company issued certain non convertible debentures aggregating to Rs.2,000 million to various subscribers.



    -NSEL received rating of ‘AAA(SO)’ from CARE.



    -The Company received qualifications from NHAI as bidder for various BOT projects, with the highest estimated project cost being Rs.23,561.6 million.





    2016

    -Sadbhav Infra receives certificate for road project

    -Sadbhav Infra Signing of EPC agreements between the Company and its subsidiaries



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