MoneyWorks4Me

Dilip Buildcon incorporates wholly owned subsidiary company

12 Sep 2016 Evaluate

Dilip Buildcon has incorporated a company named as ‘DBL Lucknow Sultanpur Highways’ for 4-laning of the Lucknow - Sultanpur section of NH-56 from 11.500 km to 134.700 km in the state of Uttar Pradesh under NHDP Phase - IV, on a hybrid annuity basis at a Project cost of Rs 2,016.0 crore and the first year O&M cost of Rs 5.00 crore. The said company has been incorporated as wholly owned subsidiary of Dilip Buildcon.

Dilip Buildcon’s core business is undertaking construction projects across India in the roads and irrigation sectors. They specialize in constructing state and national highways, city roads, culverts and bridges.




Peers
Company Name CMP
Lodha Developers 1136.50
Prestige EstatesProj 1461.25
Dilip Buildcon 404.00
DLF 667.80
Oberoi Realty 1842.20
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