Company working profile:
The organization, consolidated with
the recorder of organizations at Bombay, in the condition of Maharashtra as
open restricted organization on october fifteenth, 1992, got the testament of
initiation of business on November sixteenth, 1992.
Garnet
development is a 20 years of age proficient land property engineer
association having demonstrated history of property execution and customer
fulfilment. We plan our tasks to cook individual and institutional buyers.
Delivering projects on schedule and inside set up financial plan is vital to
organization's prosperity. We put stock in satisfying our client's necessity at
"one stop" by delivering every one of the administrations. Our inside and out information on Land
creating has prompted a chance to procure/create over an aggregate of around
600 sections of land of land for different ventures including modern, business
and private tasks.
Garnet
Construction Ltd, was set up fundamentally to create, oversee
and rent Industrial Plots and sheds. We have since stretched out its
administrations to bring to the table customers an assortment of land related
administrations too which incorporates Residential/Industrial/Commercial Open
Plots/Bungalows at Khopoli and Lonavala.
Because of tenacious, inventive and dynamic collaborations of the
relative multitude of chiefs, the gathering today stands ready as reliable and
most trust commendable land bunch in Mumbai. Over the range, the gathering has
become stronger to strength having finished number of tasks and acquired total
confidence in revered ideas of Quality, Excellence Design and Construction.
The Company is driven by its Promoter
Director Mr. Kishan Kumar Kedia with over 35 years of involvement with the
field of Industrial plot and his two children Mr. Arun Kumar Kedia and Mr
Sanjay Kumar Kedia emulating his example are fostering a private municipality
of 400 cabins called "Wizardry Hills" in Khopoli (Ambivali Village,
Taluka Khalapur) close to Mumbai Pune Expressway. The Company is additionally
fostering another undertaking of 9 Residential Buildings in a similar area
called Magic Heaven.
The Promoters of the Company Mr. Arun Kedia
and Mr. Sanjay Kedia have coasted another gathering Company known as J.S Realty
Pvt Ltd. Under this, another task called Sunshine Paradise has been dispatched
which is a gated local area with complete framework and has every one of the
cutting edge conveniences.
The organization goals:
The primary objects of the
organization as set out in its notice and articles of affiliation are as per
the following:
To carry on the business in or outside
India of development works and that of manufacturers, designers, project
workers, or a wide range of works viz. street, spans, structures
mechanical/private/business or something else, processing plants, manufacturing
plant sheds, modern edifices, masanory works, all things considered, land
improvements and additionally of soil examinations and project worker of focal
public works offices, other government bodies or Semi-government bodies or common
bodies.
Present exercises of the organization
The organization is occupied with land
advancement, development and improvement of modern premises (affairs) or plots
at development focuses in different states empowering mechanical turn of events
and different impetuses. The organization has begun its activities from april,
94 and the organization proposes to buy 41 sections of land of land out of
which organization has effectively bought 19.05 sections of land of land close
patalganga in the towns honad and dheku, taluka-khalapur, dist. raigad, (the
understanding worth of which is rs.75.18 lacs). the absolute region to create
and develop is 6.84 lakh sq.ft. for mechanical plots, sheds and occasions with
various particulars and most current creative plans and frameworks.
arrangements are continuing for the acquisition of equilibrium land for the
conceived project.
The turn of events and development
work will be attempted in a staged way and in the main stage the organization
proposes to foster a space of around 17 sections of land.
In 2004, garnet development ltd has
educated that it has given the promoting rights to showcase its property in
lonavala and khopoli to sternon bunch situated in dubai and usa. they will
advertise the property from third seven day stretch of january.
In 2006, the organization has obtained
25 sections of land of land at express thruway close panvel in navi mumbai to
foster a mega private municipality with every cutting edge office.
In 2011, shri kishan kumar kedia has
been delegated as an administrator and overseeing overseer of the organization.
In 2013, garnet development ltd has
been moved its enrolled office from 17, milap loft, s. v. street, malad (west),
mumbai to 501/531, laxmi shopping center, laxmi mechanical bequest, new
connection street, andher
Personal view on the company performance and
future prospectus
Garnet construction ltd, as name
suggest that this company is operating in construction sector. Yes, there is
debt is on higher side with all companies operating in construction sector. It
may be risky but may give good returns. Please book profit on higher side. This
Stock is going to be Big Multibagger stock in coming day. It is market Hidden
Gem. I personally hold thousand of shares of this company and my clients have
buying Position in this company. I would like to sell the shares on every rise
of company stock pices. The Govt. has Focus on Low Cost Housing and This
Company is offering houses at very reasonable price. Specially Company has Big
Land bank in Mumbai with its subsidiary company. I will not be surprise if this
stock will become at least 5 to 8 multiple in coming day. This company is
trading at very low valuation. It is clearly Buy for me and for my clients. It
is hidden gem stock for my blog readers. but it is the stock for investors only
having high risk taking ability because the debit on the company is on higher
side.
Financials:
Face Value: 10rs
Total Assets of the company is 89 crore
Total debit on the company is 20 crore
Blocks of company is 10crs
Book Value of the company is 50
Price/ Book of the company is 25
Disclaimer:
It is my personal view. Please do your own research before taking any
decision. My view may differ from others. The company profile data may have
collected from the company official website but the view on the company stock
price is personal.
Company working profile:
The organization, consolidated with
the recorder of organizations at Bombay, in the condition of Maharashtra as
open restricted organization on october fifteenth, 1992, got the testament of
initiation of business on November sixteenth, 1992.
Garnet
development is a 20 years of age proficient land property engineer
association having demonstrated history of property execution and customer
fulfilment. We plan our tasks to cook individual and institutional buyers.
Delivering projects on schedule and inside set up financial plan is vital to
organization's prosperity. We put stock in satisfying our client's necessity at
"one stop" by delivering every one of the administrations. Our inside and out information on Land
creating has prompted a chance to procure/create over an aggregate of around
600 sections of land of land for different ventures including modern, business
and private tasks.
Garnet
Construction Ltd, was set up fundamentally to create, oversee
and rent Industrial Plots and sheds. We have since stretched out its
administrations to bring to the table customers an assortment of land related
administrations too which incorporates Residential/Industrial/Commercial Open
Plots/Bungalows at Khopoli and Lonavala.
Because of tenacious, inventive and dynamic collaborations of the
relative multitude of chiefs, the gathering today stands ready as reliable and
most trust commendable land bunch in Mumbai. Over the range, the gathering has
become stronger to strength having finished number of tasks and acquired total
confidence in revered ideas of Quality, Excellence Design and Construction.
The Company is driven by its Promoter
Director Mr. Kishan Kumar Kedia with over 35 years of involvement with the
field of Industrial plot and his two children Mr. Arun Kumar Kedia and Mr
Sanjay Kumar Kedia emulating his example are fostering a private municipality
of 400 cabins called "Wizardry Hills" in Khopoli (Ambivali Village,
Taluka Khalapur) close to Mumbai Pune Expressway. The Company is additionally
fostering another undertaking of 9 Residential Buildings in a similar area
called Magic Heaven.
The Promoters of the Company Mr. Arun Kedia
and Mr. Sanjay Kedia have coasted another gathering Company known as J.S Realty
Pvt Ltd. Under this, another task called Sunshine Paradise has been dispatched
which is a gated local area with complete framework and has every one of the
cutting edge conveniences.
The organization goals:
The primary objects of the
organization as set out in its notice and articles of affiliation are as per
the following:
To carry on the business in or outside India of development works and that of manufacturers, designers, project workers, or a wide range of works viz. street, spans, structures mechanical/private/business or something else, processing plants, manufacturing plant sheds, modern edifices, masanory works, all things considered, land improvements and additionally of soil examinations and project worker of focal public works offices, other government bodies or Semi-government bodies or common bodies.
The organization is occupied with land
advancement, development and improvement of modern premises (affairs) or plots
at development focuses in different states empowering mechanical turn of events
and different impetuses. The organization has begun its activities from april,
94 and the organization proposes to buy 41 sections of land of land out of
which organization has effectively bought 19.05 sections of land of land close
patalganga in the towns honad and dheku, taluka-khalapur, dist. raigad, (the
understanding worth of which is rs.75.18 lacs). the absolute region to create
and develop is 6.84 lakh sq.ft. for mechanical plots, sheds and occasions with
various particulars and most current creative plans and frameworks.
arrangements are continuing for the acquisition of equilibrium land for the
conceived project.
Garnet construction ltd, as name
suggest that this company is operating in construction sector. Yes, there is
debt is on higher side with all companies operating in construction sector. It
may be risky but may give good returns. Please book profit on higher side. This
Stock is going to be Big Multibagger stock in coming day. It is market Hidden
Gem. I personally hold thousand of shares of this company and my clients have
buying Position in this company. I would like to sell the shares on every rise
of company stock pices. The Govt. has Focus on Low Cost Housing and This
Company is offering houses at very reasonable price. Specially Company has Big
Land bank in Mumbai with its subsidiary company. I will not be surprise if this
stock will become at least 5 to 8 multiple in coming day. This company is
trading at very low valuation. It is clearly Buy for me and for my clients. It
is hidden gem stock for my blog readers. but it is the stock for investors only
having high risk taking ability because the debit on the company is on higher
side.
Total Assets of the company is 89 crore
Total debit on the company is 20 crore
Blocks of company is 10crs
Book Value of the company is 50
Price/ Book of the company is 25
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