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HB Estate Developers Ltd Hotels & Restaurants
(%)
  • NSE
  • BSE

Overview

  • BSE Code 532334
  • NSE Symbol
  • ISIN Demat INE640B01021
  • Book Value (₹) 81.20
  • Face Value (₹) 10.00
  • Market Cap (₹ Cr.) 182.41
  • P/E (TTM) 16.90
  • EPS (TTM) 5.03
  • Div Yield (%) 0.00

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About HB Estate Developers Ltd

HB Estate Developers Limited is an India-based company. The Company is engaged in the development of commercial and residential complexes. It is also strategic emphasised on entering into the development of residential complexes.

HB Estate Developers Limited was initially incorporated under the name of HB Housing & Development Corporation Limited on September 20, 1994 with the main object of development of commercial and residential complexes. The name of the company was subsequently changed on January 23, 1996 to HB Estate Developers Ltd.

Pursuant to a Scheme of Arrangement sanctioned by the Delhi High Court the Real Estate Division of HB Stockholdings Limited (formerly HB Portfolio Leasing Limited) was transferred to and vested in the Company.

As of March 31, 2010, the project for construction of shopping mall-cum-multiplex and hotel at Mohali, involving approximately 333,000 square feet of built up area, being implemented by a joint venture with Parsvnath Developers Ltd., was under progress. Under the project, a three-screen multiplex, a 120-rooms hotel having an area of 89,239 square feet, and 187 mall units having an approximate area of 148,000 square feet (including a food court having an approximate area of 12,000 square feet) will be built.

The company has broadened its footprint operations into into a long-term management agreement with The Indian Hotels Company Ltd. (IHCL) for operating the Company_x0012_s upcoming hotel located at Gurgaon. Under the agreement, the hotel would be operated in the Five Star category under the TAJ portfolio of hotels.

Founded: 1994
Chairman: Lalit Bhasin
Address: Plot 31 Sector 32, Echelon Institutional Area, Gurgaon, Haryana, 122001,
HO Tel: 91-11-23722144/23324776