About Shriram Properties Share Price

On March 28, 2000, in Chennai, Tamil Nadu, "Synectics Infoway Private Limited" was the initial name of Shriram Properties Limited. On March 28, 2003, the company's name was changed to Shriram Properties Private Limited. On October 24, 2018, the company changed its name to Shriram Properties Limited and became a Public Limited Company. So you can find Shriram Properties share price NSE, a major Indian stock exchange. On December 10, 2018, the RoC approved a new Certificate of Incorporation as a result of the name change. Services for property development and real estate building are offered by Shriram Properties. Specializing in inexpensive and mid-market housing, the company is one of the top developers of residential real estate in South India. It has launched in South Indian cities, including Bengaluru, Chennai, and Hyderabad.

History of Shriram Properties Ltd

In 2000, the company started operating in Bengaluru. Since then, it has spread to other South Indian cities. Furthermore, the company is present in Kolkata, where it is now working on a sizable project. Bangalore, Chennai, and Hyderabad are among its primary markets. Horus Holdings Pte. Ltd of Shriram Properties and Infrastructure Private Limited, which is housed in a Chennai SEZ, was purchased by it in 2017. ASK Property Investment Advisors Private Limited and the company inked a Memorandum of Understanding (MOU) in 2018 to finance residential real estate projects in Bengaluru and Chennai.

To invest ₹400 million towards the building of Shriram Grand Two, an affordable housing project in Kolkata, the company agreed with Kotak India Affordable Housing Fund - 1. As of March 31, 2022, the company has 29 finished projects. Its portfolio consisted of 51 projects as of March 31, 2022, divided into ongoing. The company’s immense and successful growth had an effect on the Shriram Properties share price. The company intends to raise a total of ₹800 crore in equity shares from the public by issuing new shares for ₹550 crore and making an offer for sale for ₹250 crore. This has helped Shriram Properties Limited share price to grow. You can check Shriram Properties share price with BlinkX.

Key Personnel of Shriram Properties Ltd

M. Murali is the Chairman and Managing Director
T.S. Vijayan is the Independent Director
Anita Kapur is the Independent Director
K.G. Krishnamurthy is the Independent Director
Prof. R. Vaidyanathan is the Independent Director
Ashish Deora is the Director (Non-Executive Non-Independent)

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Shriram Properties Ltd

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