Vishnu Prakash R Punglia Ltd. Company History and Annual Growth Details

Our Company was originally formed as a partnership firm under the Partnership Act, 1932 in the name of M/s Vishnu Prakash Pungalia, pursuant to a deed of partnership dated August 14, 1986. Further, vide deed of partnership dated April 02, 1999, the name of the partnership firm was changed to M/s. Vishnu Prakash R. Pungalia, with introduction of new partners. Further, vide deed of partnership dated June 01, 2001, the name of the partnership firm was changed from Vishnu Prakash R. Pungalia to M/s. Shree Ji Construction Co. Further, vide deed of partnership dated March 01, 2002, the name of the partnership firm was changed from M/s. Shree Ji Construction Co., to M/s. Vishnu Prakash R Pungalia. The constitution of the firm was changed on May 10, 2003 with the admission of new partner. The constitution of the firm was further changed with the admission of new partners with effect from October 10, 2003. The constitution of the firm was further changed on November 02, 2003 due to the demise of a partner. The constitution of the firm was further changed with the admission of new partners and retirement of certain existing partners with effect from June 01, 2004 and the final certificate of registration was issued by the Office of the Registrar of Firms, Jodhpur, Rajasthan on June 04, 2004. The said partnership was thereafter converted to a public limited company with the name ‘Vishnu Prakash R Punglia Limited’, pursuant to a deed for joint stock company dated April 01, 2013 (“Deed”) and following the procedure specified under Part IX of the Companies Act, 1956. A certificate of incorporation reflecting the legal status of our Company was granted by the Registrar of Companies, Maharashtra, Mumbai dated May 13, 2013.

The Corporate Identification Number of our Company is U45203MH2013PLC243252.

Major events and milestones in the history of our Company:

2014

-Conversion of the partnership firm into a public limited company following the procedure prescribed under Part IX of the Companies Act, 1956 and received certificate of incorporation as a joint stock company

2015

-Received work order of ?188.86 million from the Office of the Chief Engineer (Construction), Northwestern Railway, Jaipur for executing our ‘first railway project’ at Nawa City station

2016

-Set-up our first Ready Mix Concrete Plant at Nawa City, District Nagaur, Rajasthan

2017

-Received the first major work order worth ?5,953.37 million under our JV’s name M/s VPRPL-WABAG JV, from the Office of the Chief Engineer Project, Public Health Engineering Department, Jodhpur for executing a ‘water supply project’ at Barmer, Rajasthan

2018

-Received the then-highest-value water supply project for our Company worth ?3,238.53 million from the Office of the Commissioner, Municipal Corporation of Gwalior in Madhya Pradesh as part of the AMRUT Program.

2020

-Expanded our geographic reach to the North-Eastern State of Assam by entering into a water supply project with Assam Petro-Chemicals Limited (a Government of Assam Undertaking) in addition to our presence in Rajasthan, Maharashtra, Gujarat, Daman, Karnataka, Chhattisgarh, and Madhya Pradesh.

2021

-Received a major work order from the Government of Uttar Pradesh of ?2378.94 million in our JV’s name M/s VPRPL KCLPL HARRA JV under the ‘State Water & Sanitation Mission, Namami Gange & Rural Water Department’ program.

-Achieved revenue from operations of ?4,500 million.

2022

-Received first-largest work order of ?4,332.90 million from the Public Health Engineering Department, Government of Manipur, for executing a ‘water supply project’ in rural areas of Manipur.

-Entered into ‘Road Division’ segment: Received work order of ?551.10 million and ?399.10 million each from the Office of the Chief Engineer (NH & PPP) PWD, Rajasthan, Jaipur for executing our ‘first road project’, to be undertaken in Rajasthan;

-Received work order of ?2,774.80 million from MoRTH, GoI, to be undertaken in Rajasthan, making it one of the highest tenders in value under the ‘Road Division’.

-Achieved a milestone of ?7,500 million revenue from operations.

2023

-Received the then-highest-value railway project for our Company worth ?3,040.84 million from North Western Railway for major upgradation of Udaipur City Railway Station;

-Achieved a milestone of ?11,000 million revenue from operations.