Arihant Superstructures Limited
Add to watch list to get report alerts
BSE Code:
506194
NSE Code:
ASL
Business Profile
Business Profile
Shaktiman Constructions (ZSHAKTIM) is presently engaged in construction and real estate related activities. Incorporated on Mar. 26, 1983, it went public in the year 1984. Earlier known as Shaktiman Mercantile Company, it acquired its present name on Aug. 21, 2007.
In FY08, the company ventured into construction-related activities by taking up contract, sub-contract works and other civil contracts, while the management has changed hands.
The registered office is located at 303, Rajendra Chamber, 19, Nanbhai Lane, Fort, Mumbai-400001.
Financials
Shaktiman Constructions reported a growth in standalone net profit for the quarter ended June 2008. During the quarter, the profit of the company rose marginally 138.71% to Rs 0.74 million from Rs 0.31 million in the same quarter last year.
Net sales and total income for the quarter declined 93.26% to Rs 0.78 million.
Recent Developments
22-FEB-07
The board of directors approved of increasing the share capital from Rs 7.5 million divided into 7,50,000 shares of Rs 10 a share to Rs 12.5 million divided into 12,50,000 shares of Rs 10 a share. They also approved for the name of the company to be changed to Shaktiman Constructions.