Puneet Varma (Editor)

Sobha Ltd.

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Type
  
Public

Revenue
  
24.55 billion INR (2015)

Founded
  
1995

Headquarters
  
India

Number of employees
  
3,442

Sobha Ltd. httpsuploadwikimediaorgwikipediaen559Sob

Traded as
  
BSE: 532784 NSE: SOBHA BSE SENSEX Constituent

Industry
  
Real estate development, Construction,

Founder
  
MR.PNC Menon Chairman Emeritus

Key people
  
Ravi Menon (Chairman) J. C. Sharma (VC & MD)

Operating income
  
Rs. 5.44 billion (2014)

Stock price
  
SOBHA (NSE) ₹ 358.90 -4.25 (-1.17%)24 Mar, 3:30 PM IST - Disclaimer

Sobha Ltd. [formerly Sobha Developers ltd.] is an Indian multinational Real estate developer headquartered in Bangalore, India. which works in the business of construction, development, sale, management and operation, townships, housing projects, commercial premises and other related activities

Contents

History

Sobha Limited was founded in 1995 by Mr. P.N.C. Menon. Since inception, they have completed 102 real estate projects and 262 contractual projects covering about 70.54 million square feet of area. The Company currently has ongoing residential projects aggregating to 41.81 million square feet of developable area and 26.59 million square feet of saleable area, and ongoing contractual projects aggregating to 9.31 million square feet under various stages of construction. The Company has a real estate presence in nine cities, viz. Bengaluru, Gurgaon, Chennai, Pune, Coimbatore, Thrissur, Calicut, Cochin and Mysore. Overall, Sobha has a footprint in 24 cities and 13 states across India.

The company has also executed projects for some of India’s most prestigious corporate houses, including Infosys, WIPRO, HCL, Dell, Bosch, Biocon, Taj Group of Hotels and ITC Hotels.

Change in name: The company changed its name to "Sobha Ltd" with effect from August 18, 2014.

They have achieved growth with backward integration in the construction and real estate development business in India. Their long-term performance has been supported by the in-house production of construction items and furniture. The company has a geographic presence in 24 cities in 13 states. Internationally, Sobha Ltd has operations running in Oman with a footprint in Dubai.

Products and services

It is a real estate company provides construction of residential and contractual projects.

They have started 4 manufacturing divisions - Glazing and Metal Works, Interiors, Restoplus (Spring Mattress) and Concrete Products.

Sri Kurumba Educational and Charitable Trust

Sri Kurumba Educational and Charitable Trust is a public charitable trust found by Sobha Limited in 2006. The trust runs CSR activities since 2006 and the activities include providing healthcare facilities, education, vocational training for the needy and looking after the aged and elderly citizens. This trust is a realization of Mr PNC Menon’s vision. This trust has adopted two panchayats in Palakkad District, Kerala - Vadakkenchery and Kizhakkenchery- under the ambit of Graamasobha, a program based on Gram Swaraj concept.

Awards

  • Entrepreneur of the Year Award in Energy, awarded to Ravi Menon in 2013, Real Estate and Infrastructure category,
  • In 2014, recognized at the CNBC Awaaz Real Estate Awards. Builder of the Year Award at the National Level, and Best 100 Percent Complete Residential Project in the Ultra Luxury Segment – Bangalore for Sobha Lifestyle Project.
  • India's 17 new Global Growth Companies(GGC) in South Asia by the World Economic Forum in 2014.
  • Mint-Institute for Competitiveness Strategy Award in 2014.
  • CNBC Awaaz Real Estate Awards 2013.
  • Environment Friendly Project of the Year: Residential – Sobha Forest View
  • In 2014, Realty Plus recognized for the company's educational & charitable trust as the CSR Initiative of the Year, while Construction Week India presented their Corporate Social Responsibility award to the trust.
  • Awarded Top National Realty Brand Across Asset Class in India (2015).
  • References

    Sobha Ltd. Wikipedia