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Sobha incorporates wholly owned subsidiary

11 Nov 2019 Evaluate

Sobha has incorporated wholly owned subsidiary namely ‘Sobha Construction Products’ on November 07, 2019 under the provisions of the Companies Act, 2013.

The main object of Sobha Construction Products is manufacturing of Construction Products etc. The Sobha Construction Products is incorporated with an Authorized Share Capital of Rs 1 crore. The company has subscribed to 100% shareholding comprising of 10 lakh equity shares of Rs 10 each i.e. Rs 1 crore.

Sobha is one of the fastest growing and foremost backward integrated real estate players in the country. It primarily focuses on residential and contractual projects.

Peers
Company Name CMP
Lodha Developers 1061.90
Prestige EstatesProj 1486.20
Dilip Buildcon 402.65
DLF 674.00
Oberoi Realty 1707.35
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