Atlanta Limited was incorporated in 1977 as a partnership firm and was converted into a private limited company in 1984. The company was deemed a public company in 1991 and went public in September 2006. The shares of Atlanta are listed on the Bombay Stock Exchange and the National Stock Exchange.
The company is an ISO 9001:2000 certified company with deep rooted presence in three of the country's fastest growing segments -- infrastructure development, mining and realty.
A niche and specialised player, the company has a diversified and de-risked work portfolio and enjoys an early mover advantage with over three decades of presence in Engineering, Procurement and Construction (EPC) and realty and over a decade plus presence in executing Public Private Partnership (PPP) contracts and contact mining of limestone and coal.
Being a value-focused and asset-based company, Atlanta embarks on wealth-based projects across all lines of business with consistent revenue generation potential.
The company has earned a place amongst the leaders in the industry on the basis of its long-term vision and technical merit -- by planning ahead and by embracing the right technology at the right time and establishing a solid platform for sustained growth.
Infrastructure Development - From executing India's first greenfield BOT project on National Highways -- Udaipur Bypass -- and successfully participating in toll-based PPP infrastructure development projects to building roads, highways, bridges, runways, docks, ports, canals, water courses, irrigation, embankment, reservoirs and executing several EPC projects, Atlanta is at the forefront of developing India's infrastructure.
The company has serviced some of the biggest players in the industry such as National Highway Authority of India (NHAI), Ministry of Road Transport and Highways, Public Works Department, Municipal Corporation of Greater Mumbai and Airports Authority of India, to name a few.
Atlanta has established an enviable reputation in the infrastructure development and EPC space due to its ability to harness technology to match the momentum of tomorrow. The company owns and employs modern, specialised and critical fleet of equipment to successfully execute large and complex projects.
Atlanta's EPC division is the oldest and the largest business division of the company and its key activities comprise actual execution of the infrastructure projects. This key in-house EPC capability helps the company deliver quality projects on time, amply demonstrated by the successful completion of the Udaipur Bypass project in less than half of the allocated time.
Projects under execution - The company is currently executing two toll-based BOT projects -- Mumbra Bypass (which is nearing completion) and Nagpur-Kondhali along with several other EPC projects.
Mining - Atlanta is active in the high margin limestone and coal mining business with over a decade experience in contract mining, having gained valuable experience at a time when captive mining business was not even on the radar of competitors. Prominent features that make Atlanta the obvious contract mining partner of choice competent and best suited to take on the sector's specific needs and challenges include:
- Surface Mining Technology - Atlanta is the first player in the country to have prudently invested in superior surface mining technology: a technology imported from Wirtgen, Germany and Volvo, Sweden that eliminates conventional operations like drilling, blasting and crushing. Surface mining technology enables controlled excavation, is not labour-intensive nor is it risky like the conventional mining process.
- Capacity - Atlanta has the capacity to extract (limestone / coal) over 25000 tones per day, significantly higher than industry peers.
- Credible Presence - Atlanta’s distinguished clients include Mahanadi Coal Fields (a subsidiary of Coal India Ltd), Reliance Petroleum Ltd, The Associated Cement Companies Ltd, Narmada Cement Company Ltd, Tata Chemicals Ltd, amongst others.
Realty
Having anticipated the market trends in the realty sector, Atlanta increased its preparedness to leverage the opportunities by prudently investing in land sites with clear land titles and concurrently demonstrated success and expertise across diverse formats by executing commercial and residential projects in prime and emerging locations in Mumbai.
With a longstanding sectoral presence in constructing and executing large projects, Atlanta is now on its way to build attractive properties in and around Mumbai and plans to develop innovative structures across all realty segments in emerging Tier II and Tier III cities across the country.
Milestones
- 1985 - Atlanta introduced IN SITU Bituminous Recycling Technology.
- 1987 - It was awarded a World Bank aided project for strengthening 93 km road in Tamil Nadu.
- 1988 - The company was awarded the contract for 'strengthening of runway at Bombay airport. The company also embarked on airfield projects at Delhi and Chennai for the Airports Authority of India and longest runway in Asia for defence at Arekkoram.
- 1995 - It introduced surface mining technology (for limestone mining) for the first time in India.
- 1996 - Atlanta bagged the Udaipur Bypass project - India’s first greenfield BOT project on National Highways.
- 2000 - The company was awarded the project for construction of the Mumbra Bypass on a BOT basis. In the same year it also ventured into coal mining.
- 2003 - It completed extraction and transfer of coal/coal measure Strata in deploying 'surface miners' on hire basis at Belpahar OCP for Mahanadi Coal Fields.
- 2006 - The company received ISO 9001: 2000 Quality Management Standard certification. In the same year it was awarded the project for construction of Nagpur-Kondhali project on BOT basis. The company also got listed on the Bombay Stock Exchange and National Stock Exchange.
- 2007 - Atlanta received the approval for developing an engineering Special Economic Zone (SEZ) near Ahmedabad. It also set up a SPV -- Atlanta NG Realty Private Limited -- for developing this SEZ.
