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Simplex Infrastructures Ltd. Company History and Annual Growth Details

Simplex Concrete Piles (India) Ltd. is a leading civil
engineering construction Company operating in India. This
Company originally incorporated as a British Company in
India in 1924, introduced 'Simplex system of piling' in
India and South-East Asia. Simplex came under Indian
management in 1947 when Mr. Madho Das Mundhra and his family
took over the Company.

The Company started its operations in the area of cast-
in-situ driven pile foundations. Converting local engineers
and architects from the centuries old foundation-laying
practices, to the latest construction techniques, training
unskilled workmen and inducting local personnel at all
levels; working on virgin sites under primitive conditions,
with minimal infrastructural facilities; Simplex undertook
the role of a true pioneer. Over a period of time, the
Company has diversified into various areas of civil
engineering and construction work spreading its geographical
area of operations to cover Myanmar, Malaysia and Sri Lanka.
The Company has participated in large projects of national
importance like construction of Steel Plants, Fertilizer
Plants, Paper Plants, Cement Plants, Thermal Power Plants,
Cooling Towers, bridges and flyovers, Ports and harbours,
Water and Waste Water treatment plants and infrastructural
and industrial projects. The modern and innovative
construction techniques followed and the attitude towards
achieving total quality is part of Simplex's reputation.

The present turnover of the Company as per the latest
balance sheet as on 31st March, 1995 is Rs 189.42 crores.
Its gross profit is Rs 13.92 crores and net profit is
Rs 6.06 crores and its earning per share is Rs 14.90. The
targeted turnover for the next year is Rs 250 crores.

The Company went public in February 1993. The maiden public
issue was over-subscribed. Since then, the Company has
successfully achieved the targets for the years 1992-93,
1993-94 and 1994-95 as projected in the prospectus at that
time.

The key factors responsible for Simplex's standing in the
industry can be described below :

i) All operations are controlled from the four zonal centres
and corporate headquarters. For every assignment, the first
step is a conceptual plan for manpower resources and
programme of work prepared by the respective zonal office.
The broad plan is next transmitted to the project manager
concerned for a detailed site level assessment and
programming.

ii) As befits an engineering organisation, technical
personnel comprise almost two-thirds of the total staff
strength of more than 2100. Of these, about 300 are high
caliber professionals in engineering, finance and business
administration-taking managerial responsibilities at the
four regional headquarters in Calcutta, Bombay, New Delhi
and Madras.

iii) To smoothly function while taking on new challenges.
Simplex owns a whole range of construction equipment,
including cranes, hydraulic excavators, dumpers, generators,
compressors, well point dewatering sets, slipform equipment,
Piling Rigs, Power Hammers, Augures, Boring Equipments,
Batching Plants, heavy duty cranes, truck mixers, concrete
pumps, Jetty Piling equipments (Simplex design) Hydraulic
Piling Hammer, Pneumatic Piling Hammer, Tower Crane,
Automatic 'Tunnel Form' equipments etc.

iv) SCPL has a well-staffed Plant Division run by senior
mechanical engineers, which works closely with construction
engineers to plan out various alternative techniques and
provide necessary plant systems. Preventive maintenance for
all plant and machinery are mandatory at every site. For
the same reason, substitute spares for imported plant are
manufactured locally. As per any specific project
requirement plant and machinery are designed or modified to
meet exigencies at the project site.

The Company has constructed various foundations, turbine and
other equipment foundations, chimneys, cooling water ducts,
concrete and structural superstructures, coal handling
plants, treatment plants, ash handling plants, cooling
towers and handled mechanical erection for a large number of
power stations in India ranging from 10 MW to 250 MW which
have been constructed by NTPC, State Electricity Boards.
Awareness of International technical quality
requirements has helped to secure orders for civil and
structural work for almost all gas based combined cycle
power projects in India, constructed by multinationals.

The Company has recently diversified into housing area; for
constructing mass housing complex on a turnkey basis. The
Company has entered into' a MOU with M/s Aarding of Holland
to manufacture specialised construction equipment in India.
Aardings Equipment is mechanised construction equipment
designed to achieve quality, construction at high speed.
These equipments can be used for the construction of low
cost houses as well as posh residential apartments, shopping
complexes and hotels.

In addition the Company has been associated with a number of
multinational consultants and contractors in carrying out
contracts and/or bidding for tenders in India and abroad.

A list of contract (Rs. 10 crores and above in value) being
executed by the Company is given below. The Company has
work outstanding aggregating to Rs. 314.49 crores.

(Rs.in lacs)
-----------------------------------------------------------
Balance
Work done of work
Contract upto till
Name of client value 31.8.95 31.8.95
----------------------------------------------------------
Rolls Royce
International
Power 4248 140 4108
(India) Ltd.

Orissa Power
Generation 2854 2839 15
Corpn. Ltd.

Reliance
Industries Ltd.
Surat 2479 1673 806


Reserve Bank
of India 2580 2560 20


Central Govt.
Employees 2624 414 2210
Welfare Orgn.

ESSAR Projects
Ltd., Hazira 1933 1719 214


Bharat Heavy
Electricals Ltd. 1728 494 1234



Asea Brown
Boveri Ltd. 1711 242 1469



Prudential
Construction
Co.Ltd. 1654 269 1385


National Building
Construction 1469 1463 6
Corpn.Ltd.


Nippon Denro
Ispat Ltd. 1425 1411 14



Indian Farmers
Fertilisers Co- 1096 347 749
operative Ltd.




Maharashtra
Public
Works Dept. 1094 1085 9
Multi Storeyed
Bldg. Constrn.
Divn.

C.E.S.C.Ltd.
Calcutta. 1055 1037 18



Reliance
Industries Ltd. 1110 987 123



Bharat Starch
Industries Ltd. 1001 396 605


Sterlite
Communications
Ltd. 1020 -- 1020

----- ----- -----
31081 17076 14005

Other Contracts
of value less
than Rs.10
crores
(80 nos.) 33421 15977 17444
----- ----- -----
64502 33053 31449
===== ===== =====

-----------------------------------------------
Name of client Project & Location
-----------------------------------------------
Rolls Royce
International Gas Power Project
Power Kakinada, A.P..
(India) Ltd.

Orissa Power Power Project,
Generation IB Valley, Orissa
Corpn. Ltd.

Reliance
Industries Ltd. POY Plant,
Surat Surat, Gujrat.


Reserve Bank New Note Press
of India Salboni, W.B..


Central Govt. Housing Complex,
Employees Calcutta. W.B.
Welfare Orgn.

ESSAR Projects Steel Plant,
Ltd., Hazira Hazira, Gujrat.


Bharat Heavy HVDC Project,
Electricals Ltd. Chandrapur,
Maharashtra.


Asea Brown HVDC Project,
Boveri Ltd. Padghe
Maharashtra.


Prudential
Construction Power project,
Co.Ltd. Rajamundry, A.P.


National Building Modernisation of
Construction Delhi Airport,
Corpn.Ltd. Delhi.


Nippon Denro Sponge Iron Project
Ispat Ltd. Raigarh, Dolvi,
Maharashtra


Indian Farmers Bagging Plant &
Fertilisers Co- Product
operative Ltd. Handling System,
Aonla, U.P.



Maharashtra
Public Ghatkopar, Fly Over
Works Dept. Bombay, Maharashtra.
Multi Storeyed
Bldg. Constrn.
Divn.

C.E.S.C.Ltd. Power Project,
Calcutta. Budge Budge,W.B.



Reliance POY Plant,
Industries Ltd. Hazira, Gujrat.



Bharat Starch Chemical Project.
Industries Ltd. Baroda, Gujrat.


Sterlite
Communications Paper Project
Ltd. Surat, Gujrat.

----------------------------------------------

Note: The above work done/Balance of work is based on the
percentage completion assessment as made by the Company on
31.8.95 .




2003

-The shareholders have approved to delist company's shares from Delhi, Jaipur and Madras Stock Exchanges.

2004

-Simplex Concrete Piles gets listed on National Stock Exchange (NSE)

-Simplex Concrete Piles India Ltd has bagged a Rs 9800 million contract from Nagarjuna Power Corporation on turnkey basis

2005

-Simplex Concrete bags order to construct 3rd box terminal at JN port

2006

-Simplex Infrastructures secures contract from Reliance Infrastructures

2007

- Simplex Infrastructures Ltd has bagged two overseas orders for Industrial and High-rise building construction aggregating Rs 1006.70 crores.

2008

- Simplex Infrastructures Ltd has informed that the Company has received a new order of Rs 287 Crore for Qatalum Thermal Power Plant project in Qatar. With this the Power Vertical alone accounts for Rs 1252 crore being 14% of the total Order Book of Rs 9150 crore. The foreign segment accounts for 27% being Rs 2428 crore.

- Simplex Infrastructures Ltd has informed that the Company has received new orders worth Rs 653 crores.
 
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