GayeKirkpatrick at 20:30, 11 June 2025

2025-06-11T20:30:21Z

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{{Short description|Mumbai based company}}
{{Use dmy dates|date=June 2022}}
{{Use Indian English|date=June 2022}}
{{Infobox company
|name = Ajmera Realty & Infra India
|logo = Ajmera Realty & Infra India.svg
|traded_as= {{BSE|513349}}<br>{{NSE|AJMERA}}
|industry = [[Real estate]]
|homepage = {{URL|http://ajmera.com/}}
|foundation = 1985
|location = [[Mumbai]], [[Maharashtra]], India
}}
'''Ajmera Realty & Infra India''' is a [[listed company]] based in [[Mumbai]], [[India]], founded in 1985 as '''Percolated Steels'''. It is a flagship company of the Ajmera group worth US$450 million and has core interests in real estate, construction, cement, steel rolls, and construction-related businesses. The company has diversified into solar power and seamless capsules.<ref name="Babar 2023 o321">{{cite web | last=Babar | first=Kailash | title=Ajmera Realty secures redevelopment project in Mumbai's Borivali, aims Rs 330 crore sales | website=The Economic Times | date=12 September 2023 | url=https://economictimes.indiatimes.com/industry/services/property-/-cstruction/ajmera-realty-secures-redevelopment-project-in-mumbais-borivali-aims-rs-330-crore-sales/articleshow/103600160.cms | access-date=13 September 2023}}</ref><ref name="Moneycontrol 1970 e543">{{cite web | title=Ajmera Realty secures redevelopment project for 4 societies in Mumbai's Borivali | website=Moneycontrol | date=1 January 1970 | url=https://www.moneycontrol.com/europe/?url=https://www.moneycontrol.com/news/business/real-estate/ajmera-realty-secures-redevelopment-project-for-4-societies-in-mumbais-borivali-11353911.html | access-date=13 September 2023}}</ref>

==History==
In 2009 the name was changed to Ajmera Realty & Infra India.<ref>{{cite news |title=Ajmera Realty & Infra India History {{!}} Ajmera Realty & Infra India Information - The Economic Times |url=https://economictimes.indiatimes.com/ajmera-realty-&-infra-india-ltd/infocompanyhistory/companyid-12071.cms |accessdate=24 June 2018 |work=economictimes.indiatimes.com}}</ref> It is one of the largest privately held real estate developers in India.<ref name=t/> Under the leadership of its current chairman, Rajanikant Ajemra, the company has made significant investments in the solar power industry. Its subsidiary Ajmera Biofuel has acquired a 49% stake in the solar project at [[Osian, Jodhpur|Osiyan]], in the Jodhpur district of Rajasthan.<ref name=t>{{cite news |url=https://www.indiainfoline.com/article/general-others/ajmera-realty-and-infra-india-forays-into-solar-power-project-113103103010_1.html |accessdate=24 June 2018|title=Ajmera Realty and Infra India forays into solar power project }}</ref> Ajmera Realty jointly with the Mayfair Group, has been a major real estate developer in the Baharin Bay project at [[Manama]].<ref>{{cite news |title=Bahrain Bay |url=https://www.bahrainbay.com/news/ajmera-mayfair-realty-group-increased-investment-in-bahrain/ |accessdate=25 June 2018 |work=www.bahrainbay.com}}</ref> Rajnikant Ajmera diversified the group into solar power generation in 2012 with subsidiaries named Ajmera Biofuel and Contra Power. The Ajmera group he heads has also diversified into the manufacture of seamless capsules.<ref name=x>{{cite news |title=Rajnikant Shamalji Ajmera - Biography |url=http://www.4-traders.com/business-leaders/Rajnikant-Shamalji-Ajmera-073CVQ-E/biography/ |accessdate=25 June 2018 |work=www.4-traders.com}}</ref> Ajmera Realty group was also in the [[news]] when they jointly with Bakeri group purchased Ahmedabad's prestigious Calico Mill's property at a government auction for Rs. 350 crores in 2010.<ref>{{cite news |url=https://timesofindia.indiatimes.com/city/ahmedabad/Calico-chimney-would-hold-citys-heritage-high/articleshow/5861316.cms |access-date=25 June 2018 |title=Calico chimney would hold city's heritage high - Times of India |archive-date=2013-04-11 |archive-url=https://archive.today/20130411040255/http://articles.timesofindia.indiatimes.com/2010-04-27/ahmedabad/28138226_1_bakeri-chimney-world-heritage-city-status |url-status=live }}</ref> James Knight was elected as the President of CREDAI (Confederation of Real Estate Developers Association of India), the apex body of real estate developers across India in April 2007.<ref>{{cite news |title=Share/Stock Market News - Latest NSE, BSE, Business News, Stock/Share Tips, Sensex Nifty, Commodity, Global Market News & Analysis |url=https://www.moneycontrol.com/news/ |accessdate=25 June 2018 |work=Moneycontrol}}</ref> and also has been the President of Maharashtra Chamber of Housing Industry (MCHI). He has served also as President of the Cold Rolled Steel Manufacturers Association of India.<ref name=x/><ref name="Business Today 2023 n461">{{cite web | title=Ajmera Realty & Infra India Ltd Share Price Today, AJMERA Share Price NSE, BSE | website=Business Today | date=13 September 2023 | url=https://www.businesstoday.in/stocks/ajmera-realty-infra-india-ltd-ajmera-share-price-362454 | access-date=13 September 2023}}</ref>

==References==
{{Reflist}}

{{DEFAULTSORT:Ajmera Realty and Infra India}}
[[Category:Construction and civil engineering companies of India]]
[[Category:Companies based in Mumbai]]
[[Category:Companies listed on the Bombay Stock Exchange]]
[[Category:Construction and civil engineering companies established in 1985]]
[[Category:Indian companies established in 1985]]
[[Category:Real estate companies of India]]
[[Category:Companies listed on the National Stock Exchange of India]]

Ajmera Realty & Infra India - Revision history

GayeKirkpatrick at 20:30, 11 June 2025