Home  »  Company  »  Kaushalya Infrastructure Development Corpn.Ltd.  »  Quotes  »  Company History
Enter the first few characters of Company and click 'Go'

Kaushalya Infrastructure Development Corpn.Ltd. Company History and Annual Growth Details

Kaushalya Infrastructure Development
Corporation Ltd.was incorporated as R.M.S
Exim Private Limited vide Certificate of
Incorporation No. 21-055629 dated 4th June,
1992 with the Registrar of Companies,
West Bengal, Kolkata and subsequently
the name was changed to Kaushalya Infrastructure
DevelopmentCorporation Private Limited vide fresh
Certificate of Incorporation dated 5th November
2001.In the very next year it was converted
in to Public limited company vide fresh Certificate
of Incorporation dated 7th February, 2002.

Kaushalya, a medium sized construction Company,
is ISO 9001:2000 certified and is engaged in
infrastructure development projects involving
construction and maintenance of roads and highways,
construction of bridges, erection of transmission
lines, electrification projects, as well as commercial
and residential complexes. The key clients of
the Company include various Government
Undertakings, State Public Works Departments as
well as State and Central Public Sector Undertakings

The Company was initially engaged in trading in
textiles and in the year 2001 decided to venture
into the construction business. The company has completed
31 projects in the last 6 years and is currently
engaged in 16 projects in the Eastern part of the Country.
The Company has serviced many reputed clients AMR
Construction Ltd.,Punj Lloyd Ltd., Engineering Projects
(India) Ltd., Power and Energy Department, Gangtok Sikkim,
Tantia Construction Ltd., Balasore Alloys Ltd.,
Allied Infrastructure and Projects (P) Ltd.,
District Engineer, Purulia Zilla Parishad,
Purulia PMGSY, National Projects Construction
Corporation Ltd., (Top 5customers of the Company for
the quarter ended 30.06.07 and year ended 31.03.07 respectively).

The Company is professionally managed through well
qualified and experienced personnel in all the areas
including engineering, finance, administration
combined with adequate MIS system.Pre-IPO Placements
The Company, on 23.10.2007 completed pre IPO private
placements of 10,00,000 Equity Shares of Rs.10 each
at a premium of Rs.50/- per share directly to Sourabh
Venture Capital Trust and raised Rs.600 lakhs.Details
of the above investments are mentioned at page no. 28
of this Red Herring Prospectus

Year Events
1992 Incorporated on 4th June as R.M.S Exim Private Limited

2001 Entered into the infrastructure sector

2001 Obtained first order from Westinghouse Saxby Farmer Ltd.

2001 Received the first bridge construction order

2001 Name Changed to Kaushalya Infrastructure Development
Corporation Private Limited on 5th November

2002 Converted to a Public Limited Company on 7th February

2003 Entered into housing projects business

2003 Started the hotel business at Jhargram, West Bengal

2004 Executed Electrical project at Farakka

2004 NPCC Project works

2006 Re-organized into business groups of Nirman, Gram and Parivar

2006 Obtained ISO 9001:2000 Certification

2006 Shifted the registered office to HB 170, Sector III,
Salt lake, Kolkata 700 106

2006 Entered into a Joint venture with West Bengal Housing Board

2006 Incorporated 4 subsidiary companies - Bengal KDC Housing
Development Limited, Kaushalya Township Private Limited,
Orion Abasaan Private Limited and Kaushalya Nirman
Private Limited

2006 Entered into a joint venture with West Bengal Small
Industries Development Corporation Limited

2006 Entered into a joint venture with Rose Land Pvt. Ltd.
, SANTECH Communication Pvt. Ltd. and SSNNLL Corporation.


- Kaushalya Infrastructure Development Corporation Ltd has appointed Mr. Sakti Pada Banerjee as an Additional Independent Director w.e.f. January 31, 2009.
Oct 25, 12:00 am
Oct 25, 4:14 pm
Subscribe now to get personal finance updates in your inbox!