MoneyWorks4Me

Dilip Buildcon incorporates new SPV company

28 Dec 2022 Evaluate

Dilip Buildcon has incorporated a new special purpose vehicle (SPV) company named ‘Maradgi S Andola-Baswantpur Highways’ as a wholly owned subsidiary of the company. The said SPV has been incorporated for the project of Development of 6 lane Access Controlled Greenfield Highway from km. 97.000 to km 162.500 Maradgi S Andola to Baswantpur section of NH-150C (Package-III of Akkalkot-KNT/TS Border) on Hybrid Annuity Mode under Bharatmala Pariyojana.

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 1061.90
Prestige EstatesProj 1486.20
Dilip Buildcon 402.65
DLF 674.00
Oberoi Realty 1707.35
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