Milestone

  • 2010-2011


    • Rights Issue of equity shares & warrants of Rs 1250 million
    • PE of INR 4 billion in SIPL by Norwest Venture Partners & Xander Group for 22.22%
    • Awarded Multai-Chindwara-Seoni and Narsinghpur-Amarwara-Chindwara-Saoner - cash contract of INR 14, 113 million

  • 2009-2010


    • Awarded Bijapur Hungund BOT Project (BHTPL), Rohtak Panipat BOT Project (RPTPL) and Hyderabad Yadgiri BOT Project (HYTPL)

  • 2008-2009


    • Incorporated Sadbhav Mining Limitada under the laws of Mozambique.
    • Awarded first of its kind Border Check Post BOT project (MBCPNL)
    • Awarded MP-Dhule BOT Project (DPTL) from NHAI.
    • Order book at INR. 45.92 billion

  • 2007-2008


    • Awarded Nagpur-Seoni Expressway Project (NSEL) on BOT basis from NHAI.
    • Raise INR 9200 lacs through a Qualified Institutional Placement
    • Market Cap crosses INR 10 billion

  • 2006-2007


    • Awarded Sardar Patel Ring Road (ARRIL) and Aurangabad Jalna (AJTL) projects on BOT basis

  • 2005-2006


    • Awarded first BOT project for improvement, operation and maintenance of NH-3 between Mumbai-Nashik (MNEL)
    • Received appreciation letter from the World Bank for quality of work
    • Received ISO 9000-2001 certification for Management Systems assessed by the International Certification Limited.
    • Awarded the “The Excellence Award” by the Institute of Economic Studies (IES), Delhi, for “ Excellence in Quality, Innovation and Management”
    • Raised INR 5365 lacs through IPO and was listed in BSE and NSE

  • 2004-2005


    • Completed East- West corridor project- Rehabilitation and Upgrading of Gagodhar - Radhanpur road section of NH-15 worth INR 16,389.12 lacs.

  • 2003-2004


    • Earned bonus of INR 160 lacs from NHAI due to early completion of work of rehabilitation and upgrading of Kishangarh – Nasirabad section of NH-79 A (Package KU-I)

  • 2002-2003


    • Successfully completed construction of canal syphon on river Pushpavati and Khari on Narmada Main Canal

  • 2001-2002


    • Completed first Canal Syphon across river Wartak.
    • Became Public Limited Company

  • 2000-2001


    • Completed rehabilitation of Kakrapar canal in record 75 days.

  • 1999-2000


    • Received four work orders worth INR 15,100 lacs in total from SSNNL for construction of canal.

  • 1998-1999


    • Crossed the turnover of INR 10,000 lacs.

  • 1997-1998


    • Awarded first mining project at Vastan lignite mines (Dist. Surat) from Gujarat Industries Power Company Ltd.
    • First Independent roadwork project from NHAI for widening of NH-8A at Bhachau (Kutch)

  • 1996-1997


    • Received first road project in private sector from Reliance Industries Ltd, Jamnagar for constructing roads in township and refinery site.

  • 1995-1996


    • Received first mining excavation work order from Gujarat Industries Power Company Ltd, Baroda.

  • 1994-1995


    • Received Sunsari Morang Irrigation Project work order from Larsen & Turbo Ltd. Worth INR 323 lacs

  • 1992-1993


    • Granted the status of ‘Deemed Public Company’ by the Registrar of Companies, Gujarat, based on turn over criterion • Received first road project work order for strengthening and widening of Sambalpur- Rourkela road from Larsen & Turbo Limited.

  • 1989-1990


    • Received first main canal construction project worth INR 19,058 lacs from SSNNL