Art Nirman Ltd share Price Today

The Company was originally incorporated as "Vishnudhara Builders Private Limited" on February 19, 2011 under the provisions of Companies Act, 1956 with Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Pursuant to Shareholders Resolution passed at the Extra Ordinary General Meeting of the Company held on July 04, 2011 and fresh Certificate of Incorporation dated July 19, 2011 issued by the Registrar of Companies, Gujarat, the name of the Company was changed to "Vishnudhara Buildcon Private Limited". Later, vide Shareholders Resolution passed at the Extra Ordinary General Meeting of the Company held on September 23, 2011 and a fresh Certificate of Incorporation dated October 08, 2011 issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli, the name of Company was changed to "Art Nirman Private Limited". Subsequently, the Company was converted into a Public Limited Company pursuant to Shareholder`s Resolution passed at the Extra Ordinary General Meeting of the Company held on August 16, 2016 and the name of the Company was changed from "Art Nirman Private Limited" to "Art Nirman Limited" vide a fresh Certificate of Incorporation dated September 02, 2016 issued by the Registrar of Companies, Ahmedabad. The Company is engaged in the business of real estate development and allied activities. The Company operates into single segment of construction of various residential and commercial schemes. The residential projects of the Company ranges from affordable housing to luxurious flat and towers as well as luxurious bungalows; whereas, the commercial projects comprises of premium office spaces as well as showrooms and shops. During the FY 2020, the Company completed the construction work of "Shree Vishnudhara Gardens" near Gota at Ahmedabad, which consist of 350 residential unit, 2 & 3 BHK and pent house & 110 commercial shops with a total built up area 6 lakhs sq.ft. It successfully sold 340 residential flats and 95 commercial offices in the project. Further, the Company received bookings for 8 residential flats and 12 commercial flats from the customers for the said project. The Company also got works contract from Art Club Private Limited for Club Babylon. By this contract, the company will enter in new division of construction segment apart from houses and shops. The Company takes sufficient care to maintain quality of construction which differentiates the company products from market. In FY 2021-22, the company plans to launch new commercial project.

Art Nirman share price as on 18 May 2024 is Rs. 53.3. Over the past 6 months, the Art Nirman share price has increased by 8.89% and in the last one year, it has increased by 13.28%. The 52-week low for Art Nirman share price was Rs. 40.5 and 52-week high was Rs. 88.6.