Relstruct Buildcon Ltd. Company History and Annual Growth Details

The Company was originally incorporated as ÂRelstruct Buildcon Private LimitedÂ on March 12, 2014 under the Companies Act, 1956 vide certificate of incorporation issued by the Registrar of Companies, Mumbai. The Company was subsequently converted in to a public company and consequently name was changed to ÂRelstruct Buildcon LimitedÂ (RBL) vide fresh certificate of incorporation dated June 14, 2016 issued by Registrar of Companies, Mumbai. The CIN of the Company is U70200MH2014PLC254148. The Company was incorporated by the Promoters- Mr. Hemendra H. Mapara, Mr. Chetan H. Mapara & Mrs. Darshana Mapara with an aim of running a construction/ real estate business. As a part of business growth, the Company is registered with the Registrar of Companies, Mumbai on 12th March, 2014 as Relstruct Buildcon Private Limited.

The Company had successfully undertaken, executed and completed various residential projects in Mumbai such as Pujari Apartment, Chembur, Giri Niwas, Vikhroli, Sargam Tower Tilak Nagar, Hill View Apartment, Chembur with assured quality standards. With determined efforts and gradually progression, the Company undertook the business of constructing buildings, township, commercial complexes and constructional works of every description on any land owned by them or upon any other land or immovable property owned by the landlord as a joint venture as well as co-developers. As a real estate developer with a diversified portfolio of real estate projects, we undertake redevelopment of government housing projects, customized infrastructure projects, marketing of residential and commercial unit and offering the consultancy liason service for real estate projects. Currently, we have a head office and a corporate office located in Mumbai, Maharashtra. As part of the growth plan, we have taken up various projects in and around Mumbai, Maharashtra. Currently, the business activity includes:
? Development and construction of Residential and Commercial Complex / Re development and Slum Redevelopment project under Development joint venture basis/ Development of Township and affordable housing project near Metro cities Infrastructure development under work contract from Government authority and corporate ? Consultancy, Design and Drawing for Real Estate project and monitor them during implementation The Promoters, Mr. Hemendra H. Mapara and Mr. Chetan H. Mapara with their rich experience of 20 and 15 years respectively, have been prominent is growing the real estate business in a more organized manner thereby expanding their horizon to various sub- sectors in construction and real estate business. For further information on the business, please refer to ÂBusiness OverviewÂ beginning on page no.101 of this Prospectus.

The Revenues have grown from Rs. Rs. 3.50 Lakhs in fiscal 2015 to Rs. 25.55 Lakhs in fiscal 2016. the net profit after tax was Rs. 0.26 Lakhs in fiscal 2015 and Rs. 0.78 Lakhs in fiscal 2016. the Revenue for Nine Months ended December 31, 2016 is Rs. 22.02 lacs and net profit after tax is Rs. 2.78 lacs.

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