HG Infra Engineering Ltd. Company History and Annual Growth Details

Brief history of the Company

The Company was incorporated as ÂH.G. Infra Engineering Private LimitedÂ on January 21, 2003, as a private limited company under the Companies Act 1956, at Jodhpur, with a certificate of incorporation granted by the RoC. Pursuant to the conversion of the Company to a public limited company, the name was changed to ÂH.G. Infra Engineering LimitedÂ and the RoC issued a fresh certificate of incorporation on June 8, 2017.

Conversion of a Partnership Firm into the Company

The Company was formed pursuant to the conversion of a partnership firm, M/s Hodal Singh Giriraj Singh & Co., Jodhpur (the ÂPartnership FirmÂ) into the Company, a joint stock company under Part IX of the Companies Act, 1956 on January 21, 2003. The Partnership Firm was constituted pursuant to a partnership deed dated December 10, 1980, initially entered into amongst the original partners, Mr. Giriraj Singh, Mr. Bhagwan Singh, Mr. Hodal Singh, Mr. Pokhpal Singh, Mr. Devendra Singh, Mr. Ramswaroop Singh and Mr. Narpat Singh for the purpose of carrying out the business of, among others, public works department (ÂPWDÂ), railways, irrigation department or any other government or semi-government departments in respect of roads, bridges, dams, supply of material and technical consultation. Pursuant to the changes in the constitution of the partnership, the partnership deed was subsequently amended from time to time.

The business of the Partnership Firm was taken over by the Company pursuant to the conversion and Mr. Bhagwan Singh, Mr. Hodal Singh, Mr. Pokhpal Singh, Mr. Girishpal Singh, Mr. Vijendra Singh, Mr. Harendra Singh and Mr. Rajendra Singh, the erstwhile partners of the Partnership Firm were issued and allotted 53,831 Equity Shares, 452,647 Equity Shares, 25,843 Equity Shares, 324,255 Equity Shares, 408,257 Equity Shares, 442,572 Equity Shares and 31,345 Equity Shares, respectively. For details, see ÂCapital StructureÂ

Major events and milestones

2003

- Incorporation of the Company under Part IX of the Companies Act, 1956

2008

- Executed the first subcontract work of construction of embankment, among other things for an amount of Rs.149.13 million

- Commenced construction of a portion of the Yamuna Expressway, worth Rs.1,160.60 million

2010

- Commenced the first major project as a subcontractor to carry out work of fthe laning of 49 kilometers on the Jaipur Â Tonk Deoli section on National Highway 12, worth Rs. 2,574.40 million

- Commenced work on a part of the project for development of road of 20 kilometers on the six laning work being carried out on National Highway 8, on the Ajmer bypass section for an amount of Rs. 563.80 million.

2011

- Commenced work on the project of fthe laning of the Warora Bamni section in Maharashtra for an amount of Rs.2,684.58 million

2014

- Executed construction of the Jaipur - Nagaur road from kilometer 63/500 (Bhatipura) to kilometer 101/700 (Narayanpur Tiraha) for a total cost of Rs.442.70 million

Executed construction of the Jaipur-Nagaur road from kilometer 18/0 (Kalwar) to kilometer 63/500 (Bhatipura) for a total cost of Rs.561.40 million

2015

- Awarded construction project of fthe laning highway of National Highway 65, on the Kaithal- Rajasthan border for a cost of Rs.4,011.10 million, in the state of Haryana, awarded by Modern Road Makers Private Limited

2016

- Executed second renewal coat on the pavement of six lane Jaipur - Kishangarh section of National Highway 8 in the state of Rajasthan from kilometer 273.500 to kilometer 363.885 for a project cost of Rs.1,423.10 million

2017

- Conversion of the Company into a public limited company

- Awarded seven construction projects in Maharashtra worth RS.19,045.90 million by MoRTH

- Awarded two construction projects by NHAI worth Rs.4,140.00 million

2019

-H.G. Infra Engineering Ltd has informed that ''H.G. INFRA has been declared, L-1 for new HAM project under NHAI for Construction of proposed Narnaul Bypass (design length 24.0 km)-Ateli Mandi to Narnaul section of NH-11 from km 43.445 to km 56.900 (design length 14.0 km) as an Economic Corridor-Feeder route in the state of Haryana on Hybrid Annuity Mode''.

2024

-The Company Informed Execution of Battery Energy Storage Purchase Agreement by H.G. Banaskantha Bess Private Limited.

-The Company Informed 'Receipt of Letter of Award from NTPC Vidyut Vyapar Nigam Limited.

-The Company Receipt of Completion Certificate for the Project in the state of Rajasthan''.

-The Company Receipt of Letter of Award from Jodhpur Vidyut Vitran Nigam Limited''.

2025

- The Company has informed that, regarding ''Receipt of Letter of Acceptance (LOA) from Maharashtra Metro Rail Corporation Limited (Thane Metro Rail Project)''.

-The Company has informed that ''Receipt of Letter of Award (LOA) from Military Engineer Services (MES), Mumbai ''.

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