Bihariji Ispat Unquoted Share Price

Bihariji Ispat Udyog Limited Unlisted Shares - Company Overview

A Public Limited Company in the name of Bihariji Ispat Udyog Limited was incorporated on 19.01.1974 with a registration certificate issued by the Registrar of Companies, Delhi and Haryana vide Registration Certificate No. 7047 of 1973-74 with seven subscribers to the Memorandum of Association with the object of finance and trading business.  The Certificate of commencement of business was also granted by ROC to the company on the same day.  Subsequently, a fresh Certificate of Incorporation was obtained by the company on 20.02.1986 changing the name of the company from Bihariji Finance and Traders Limited to Bihariji Ispat Udyog Limited with the object of taking up the business of iron & steel products apart from continuing with the finance business since the company was having in its main objects the business of financing industrial enterprises.

On the amendment in the Reserve Bank of India Act relating to the Non-banking Financial Companies all the non-banking financial companies were required to be registered with the Reserve Bank of India and accordingly, the company was registered on 10.03.1998. The company is listed on the Delhi Stock Exchange Association Limited. 

Bihariji Ispat Udyog Limited has entered into a partnership in the name of RASHI Developers with M/s Matoshree Properties Pvt. Ltd and M/s Jhunjhunwala Trading Pvt. Ltd. who were having very rich experience in construction activities, and have made a housing project in Santacruz with an area of 1 acre.  They have constructed 112 flats and the project will be completed by mid-2006 and possessions of some of the flats have been handed over to the customers.

In this way, the company has diversified its activities from financing to the development of the real estate business and for this purpose, the company has now joined hands with M/s Ultra Home Construction (P) Ltd., a company promoted by Amrapali group which is a well-established name in the construction housing activities in the month of February 2006.   The Greater Noida Industrial Development Authority has already allotted a plot of land measuring 11.30 acres to the company for the construction of residential flats/commercial shops.  The name of the project on the said plot of land will be the“ AMARPALI GRAND”.

It is a cash-rich company and has earned substantial profits during the last three years. The management is hopeful that diversification in the real estate business will increase its profits substantially.

The recent growth in capital markets is expected to substantially enhance the value of the company’s investment activity and its  bottomline/projects.

Bihariji Isapt Udyog Limited  Share Price, Share Details as of March 31, 2023

Bihariji Isapt Udyog Limited Incorporation Details

Bihariji Isapt Udyog Limited Board of Directors

Bihariji Isapt Udyog Limited Shareholding Pattern (As of 31-03-2023)