Rs 10,047 crore order book: Mukul Agrawal-backed civil construction company bags new order worth Rs 220 crore from Raymond Ltd

The stock is up 49 per cent from its 52-week low of Rs 251.30 per share.

Capacit'e Infraprojects Limited has received Letter of Intent (LOI) from TenX Realty Limited (a step-down subsidiary of Raymond Limited), for a total contract value of Rs 220 Crore (Rupees Two Hundred Twenty Crore Only) excluding GST, for “Civil Core & Shell Works for Project – The Address by GS – Bandra Project including 2 Basement, G-23 floors & Non-Tower area at Nirmal Nagar, Off western Express Highway, Bandra (E) 400051.

About the Company

Capacit'e Infraprojects Limited (Capacit'e/the Company) has etched a name for itself as a quality contractor in the building space. Today, it is working with almost all major real estate developers in the country. Capacit'e has been rapidly emerging as a marquee contractor in the building space with good repute. The Company’s sharp focus on the single segment of buildings, with an emphasis on technology, a robust asset base and the promoters’ rich experience in the EPC space, has enabled it to scale up quickly in the building space and become a well-respected player.

Capacit'e provides end-to-end construction services for High Rise and Super High-Rise Buildings, Townships, Mass Housing, etc. in the residential space, Office Complexes, IT & ITES Parks in the commercial space and Hospitality, Healthcare Facilities, Industrial Buildings, MLCPs in the institutional space. As of December 2024, an ace investor, Mukul Agrawal, owns a 6.09 per cent stake in the company and its order book stands at Rs 10,047 crore. The stock is up 49 per cent from its 52-week low of Rs 251.30 per share. Investors should keep an eye on this small-cap stock.

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