Capacit’e Infraprojects Limited Received LOI From Tenx Realty
Capacit’e Infraprojects Limited Received LOI from Tenx Realty of ₹537 Crore
Capacit’e Infraprojects Limited (Capacit’e), a company working with almost all major real estate developers in the country, today, in its exchange filing, said that,
The Company has received a Letter of Intent (LOI) from TenX Realty Limited (on behalf of Raymond Ltd) for a Project at Thane. Source – BSE
ALSO READ – Omnitech Engineering IPO Review
Order Details
The order covers the “Construction of ‘Towers F, G, NTA’, and ‘Retail Building’ in the Address by GS-3 Project and Invictus-2 Project at Thane (West), Maharashtra, India.
Order Value
The total contract value of the newly received order is ₹537 Crore (Rupees Five Hundred Thirty-Seven Crores Only) excluding GST.
With this new order, the total order book of the company, on a standalone basis, stood at ₹13,725 crore.
Refer to capacit’e infraprojects latest news for further details.
Managing Director said –
Commenting on receiving a new order, Mr. Rahul Katyal, Managing Director of the company, said,
We are thrilled to have been entrusted by our valued client, Raymond Limited’s Realty Division, with repeat orders through TenX Realty Limited (a step-down subsidiary of Raymond Limited).
We’re delighted by the repeat orders, showcasing our strong partnership and dedication to exceptional service.
With a strong track record of project delivery, we’re confident in our ability to meet timelines and exceed client expectations.
The company’s market capitalization is ₹2,090 Cr.
The stock is currently trading above its 20-day simple moving average.
LAST ARTICLE –
Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I ( Vishal Dalwadi ) or “Fin Blab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.
