Road Civil Construction Company Bags New Orders Worth Rs 59,00,00,000 From Tarmat Ltd

The stock gave multibagger returns of 500 per cent in just 1 year and a whopping 2,600 per cent in 5 years.

RDB Infrastructure and Power Limited (formerly known as RDB Realty & Infrastructure Limited) received two work orders from Tarmat Limited. The first order, with reference number TL/MIAL/RIPL/2024-25/01, pertains to the "Strengthening and Construction of Perimeter Road on Airside at Chhatrapati Shivaji Maharaj International Airport (CSMIA) Mumbai" with a tentative value of Rs 35,40,00,000 (including GST). The second order, with reference number TL/MIAL/RIPL/2024-25/02, is for "Civil Works for Taxiway "M" Phase-1 on Airside at CSMIA Mumbai" and has a tentative value of Rs 23,60,00,000 (including GST). Both projects are to be executed domestically and have specified timelines for completion.

YMS Finance Private Limited, a company within RDB Infrastructure and Power Limited's promoter group, holds a 4.63 per cent shareholding in Tarmat Limited, the entity awarding these contracts. These work orders align with the Company's strategic focus on infrastructure development and contribute to the ongoing expansion and improvement of the Chhatrapati Shivaji Maharaj International Airport.

Earlier, the company secured two contracts from Damodar Valley Corporation (DVC). The first contract, valued at Rs 7,51,19,164.10 (including GST), involves the EPC of grid-connected rooftop solar PV plants across DVC-owned buildings in West Bengal and Jharkhand, encompassing the supply of equipment, spare parts, and five years of O&M. The second contract, valued at Rs 42,75,580.54 (including GST), focuses on the comprehensive O&M of existing DVC rooftop solar plants with a cumulative capacity of approximately 10 MWp within the DVC command area for five years, encompassing maintenance, spare part supply, repairs, replacements, and insurance coverage.

About the Company

RDB Infrastructure and Power Limited (Formally known as RDB Realty & Infrastructure Ltd), founded in 1981, is a prominent real estate & solar services-related company in India. With a strong presence in major cities like Kolkata, Mumbai, and Hyderabad, they specialise in both residential and commercial projects. Their portfolio includes high-rise apartments, integrated townships, office spaces, and shopping malls. The company is committed to quality and innovation, aiming to deliver exceptional living and working spaces. By focusing on customer satisfaction and sustainable development practices, RDB Realty & Infrastructure Ltd has established itself as a trusted name in the Indian real estate industry.

Furthermore, RDB Infrastructure and Power Limited (RDBIPL) has announced a proposed 10:1 stock split of its equity shares. This means each existing Rs 10s face value equity share will be divided into 10 equity shares of Re 1 each. The company aims to increase liquidity and attract a wider investor base through this stock split. The record date for the split will be determined after shareholder approval through a postal ballot e-voting process.

The company has a market cap of Rs 965 crore with promoters holding 70.42 per cent stake and pubic owning 29.58 per cent stake. The stock gave multibagger returns of 500 per cent in just 1 year and a whopping 2,600 per cent in 5 years. Investors should keep an eye on this Small-Cap stock.

Disclaimer: The article is for informational purposes only and not investment advice.