Supreme Infrastructure India Wins Rs 450 Crore Turnkey Contract

Strategic Insights -

Supreme Infrastructure India has been appointed as the EPC contractor for the development of a Project Affected Persons (PAP) housing complex in Powai, Mumbai, under a turnkey construction contract worth Rs 450 crore. This contract win enhances the company's overall order book to Rs 1,725 crore, comprising high-value projects with reputed clients such as Larsen & Toubro (L&T) and Brookfield-backed ventures. The project involves the construction of approximately 16 lakh sq. ft. of built-up area, including civil, MEP, and infrastructure works, to be completed over 36 months.

Key Takeaways:

  • Supreme Infrastructure India has secured a Rs 450 crore turnkey contract for the PAP housing complex project in Powai, Mumbai.
  • The project is part of a large-scale redevelopment undertaken by BSS Property Ventures and Rajeshwar Property Ventures, entities majority-owned by funds managed by Brookfield.
  • The company has been appointed as the EPC contractor for Phase 1 of the project, which includes the construction of 16 lakh sq. ft. of built-up area.
  • The project will be completed over 36 months, enhancing the company's overall order book to Rs 1,725 crore.
  • The company is engaged in engineering and construction of roads, highways, buildings, bridges, etc.
  • Promoters hold 34.68% of the company's stake, while institutions and non-institutions hold 8.48% and 56.84% respectively.

Statistics:

  • Contract value: Rs 450 crore
  • Project duration: 36 months
  • Built-up area: 16 lakh sq. ft.
  • Order book: Rs 1,725 crore
  • Promoter stake: 34.68%
  • Institutional stake: 8.48%
  • Non-institutional stake: 56.84%

Sources:

  • Accord Fintech Pvt. Ltd. (distributed by Contify.com)
  • Supreme Infrastructure India's BSE listing