Simplex Realty Limited
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BSE Code:
503229
NSE Code:
SIMPLXREA
Business Profile
Business Profile
Simplex Realty (SIMPLXREA), incorporated in 1912, is engaged in the development of real estate. Earlier known as Simplex Mills Company, it got its present name on Jan. 29, 2006.
The company along with Godrej Properties has undertaken a premium residential project called Planet Godrej at Mahalaxmi in Central Mumbai. It aims to develop property on land released due to closure of the erstwhile Simplex Mills.
The registered office is located at 30 Keshavrao Khadye Marg, Sant Gadge Maharaj Chowk, Mumbai-400011.
Financials
Simplex Realty registered a loss of Rs 4.13 million for the quarter ended December 2007.
Net sales rose 1.67% to Rs 0.61 million for the quarter ended December 2007 from Rs 0.6 million for the quarter ended December 2006.
Total income rose 1.67% to Rs 0.61 million for the quarter ended December 2007 from Rs 0.6 million for the quarter ended December 2006.
The loss per share (EPS) of the company stood at Rs 1.26 for the quarter ended December 2007.
Recent Developments
28-MAR-08
On Feb. 18, 2008, the board of directors decided to seek the approval of the members of the company to invest, give loan, provide guarantee or security of upto Rs 1,500 million to Simplex Papers or to any other corporate body.