Simplex Infrastructures

Simplex Infrastructures Ltd.
Formerly called
 Simplex Concrete Piles (India) Ltd.
Public
Traded as
ISIN INE059B01024
Industry Construction
Founded Calcutta, Bengal Presidency, British India (19 December 1924 (1924-12-19))
Founder H.P. Lancaster
Headquarters Simplex House, 27, Shakespeare Sarani, Kolkata, West Bengal, India
Number of locations
 10 offices (2016)
Key people
 Amitabh Das Mundhra (Vice Chairman)
Services Construction
Revenue Increase ₹5634 crore (US$840 million) (2014-15)
Increase ₹93.89 crore (US$14 million) (2014-15)
Profit Increase ₹62.43 crore (US$9.3 million) (2014-15)
Total assets Increase ₹7839 crore (US$1.2 billion) (2014-15)
Total equity Increase ₹7839 crore (US$1.2 billion) (2014-15)
Subsidiaries
  • Simplex Infra Development Limited (SIDL)
  • Maa Durga Expressways Private Limited
  • Jaintia Highway Private Limited[1]
Website www.simplexinfra.com

Simplex Infrastructures Ltd. is an Indian construction company established in 1924. The company was the first in Asia to use cast–in–situ driven piles, and also built Asia's first ever RCC framed structure.

The company's business is divided into 6 segments - Roads, Railways & Bridges, Buildings, Industry, Power & Transmission, Marine, Ground Engineering, and Urban Infra.

History

Simplex Concrete Piles (India) Ltd. was incorporated as a British Company in India by United Kingdom–based H.P. Lancaster on 19 December 1924. Shortly after its founding, Simplex introduced cast–in–situ driven piles at Calcutta (now Kolkata), becoming the first company to use the technology in Asia. The company began building major steel plants in 1935. Simplex constructed the King George Docks in Bombay in 1940. Following India's independence in 1947, Madho Das Mundhra and his family assumed control of the company. Simplex made its foray into the civil and structural construction of industrial projects in 1952, and the housing an building segment in 1955. In 1958, the company designed and constructed the 17-storey National Tower at Calcutta, the first ever RCC framed structure in Asia.[2][3][4][5]

Simplex entered into the business of civil and structural construction of thermal power plants in 1960. It entered the urban utilities segment in 1965, constructing an HIT water treatment plant at Howrah, and entered the marine construction business in 1965. Simplex opened its first overseas office in Sri Lanka in 1982. The company entered the roads, bridges and railways construction segment in the same year. Simplex began undertaking piling work in Abu Dhabi, UAE in 1990. The company fabricated an indigenous technique for jointed pre–cast concrete piles up to 150 meters depth at Ernakulam in 1991, and built a hotel in Tashkent, Uzbekistan in 1992.[2][3]

Simplex held an initial public offering and went public in 1993. The company forayed into the nuclear segment with the construction of the Kundankulam Power Plant in March 2002. In 2003, the company entered the hydro power plant construction segment, and opened offices in the Middle East. Simplex received ISO 9001:2000 certification in 2004. The company achieved an annual turnover of ₹1000 crore (US$150 million) in 2005. The same year, the company was renamed Simplex Infrastructures Ltd. to better reflect its presence in diverse construction segments. Simplex secured a contract to construct an irrigation canal in Hyderabad in 2005. The company secured contracts for doubling of railway tracks on South–Central Railway line on the Guntakal–Raichur railway, as well as several piling and civil contracts in the Middle East in 2006.[3][4]

In 2010, Simplex made its entry into the power, T&D, and road BOT segments. The company entered into Ethiopian, Bangladeshi and Saudi Arabian markets in 2011, and made its foray into underground mining in 2011.[2][4]

References

  1. ↑ "Annual Reports". simplexinfra.com. Retrieved 27 April 2016.
  2. 1 2 3 "Simplex Infrastructures Ltd". HDFC securities. Retrieved 27 April 2016.
  3. 1 2 3 "Simplex Infrastructures Ltd. (SIMPLEXINF) - Company History". Business Standard. Retrieved 27 April 2016.
  4. 1 2 3 "Simplex Infrastructures Ltd..: History". NDTV Profit. Retrieved 27 April 2016.
  5. ↑ "Annual Report 2013-14" (PDF). http://www.simplexinfra.com. Retrieved 27 April 2016. External link in |website= (help)
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