Innovators Facade Systems Wins Major Real Estate Contracts Worth ₹223.79 Crores
Innovators Facade Systems Limited (IFSL) has secured significant work orders totaling ₹223.79 crores from leading real estate developers Aditya Birla Real Estate and K Raheja Corp. The projects involve comprehensive facade and glazing works.
Facade SystemsReal EstateAditya BirlaK Raheja CorpMarket CapitalizationReal Estate PuneOct 30, 2025
The company has secured ₹146.19 crores from Aditya Birla Real Estate Limited for a project in Worli, Mumbai, and ₹77.60 crores from K Raheja Corp for a project in Baner, Pune. These contracts encompass the design, supply, installation, testing, and commissioning of facade and glazing works for the respective projects.
Project Details
The work orders have been awarded for the following projects:
- Aditya Birla Real Estate Limited
- Project : Tower B, Birla Niyaara
- Location : Worli, Mumbai
- Order Value : ₹146.19 crores
- Expected Completion Period : 987 days
- K Raheja Corp
- Project : Baner 94_97
- Location : Baner, Pune, Maharashtra
- Order Value : ₹77.60 crores
- Expected Completion Period : 24 months
Scope of Work
The scope of work for these projects includes the design, supply, installation, testing, and commissioning of facade and glazing works. These contracts highlight IFSL's expertise in delivering comprehensive facade solutions for high-profile real estate developments.
Market Impact
The substantial influx of new orders, valued at ₹223.79 crores, is significant for Innovators Facade Systems, considering its current market capitalization of ₹380.00 crores. These projects represent a considerable portion of the company's market value, potentially indicating strong growth prospects and increased investor confidence.
Compliance and Disclosure
IFSL has made this announcement in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that these transactions do not fall under the definition of related party transactions as specified under the Companies Act, 2013.
Industry Outlook
As the facade and glazing industry continues to grow alongside India's booming real estate sector, companies like Innovators Facade Systems are well-positioned to capitalize on the increasing demand for high-quality, innovative building exteriors. These new work orders may serve as a testament to IFSL's competitive edge in the market and its ability to secure projects from leading real estate developers.
Historical Stock Returns
Historical stock returns for Innovators Facade Systems (as of the latest data) are as follows:
- 1 Day : +8.27%
- 5 Days : +5.62%
- 1 Month : +8.11%
- 6 Months : +15.98%
- 1 Year : +19.84%
- 5 Years : +795.26%
These figures indicate a strong performance and potential for continued growth in the future.
Frequently Asked Questions
What is the total value of the work orders secured by Innovators Facade Systems?
Innovators Facade Systems has secured work orders totaling ₹223.79 crores from Aditya Birla Real Estate and K Raheja Corp.
What are the locations of the projects awarded to IFSL?
The projects are located in Worli, Mumbai, and Baner, Pune, Maharashtra.
What is the scope of work for these projects?
The scope of work includes the design, supply, installation, testing, and commissioning of facade and glazing works.
How does this order value compare to IFSL's market capitalization?
The total order value of ₹223.79 crores represents a significant portion of IFSL's current market capitalization of ₹380.00 crores.
What is the expected completion period for these projects?
The Aditya Birla Real Estate project is expected to be completed in 987 days, while the K Raheja Corp project is expected to be completed in 24 months.
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