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About Bajel Projects Ltd
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Bajel Projects Limited was incorporated as wholly owned subsidiary of Bajaj Electricals Limited (BEL) pursuant to a Certificate of Incorporation dated January 19, 2022, issued by the Registrar of Companies, Mumbai. Bajel Projects Ltd., is a leading company in the Engineering, Procurement and Construction (EPC) business. The Company deals in Engineering projects, which includes power transmission and power distribution Projects at Ranjangaon, near Pune, Maharashtra. With over two decades, the business encompasses high voltage and extra high-voltage transmission line projects, substations, UG cabling, poles, monopoles, high mast and electrification projects along with feeder separation and lift irrigation projects on a turnkey basis. BPL has proved a track record for its national and international business with an enviable clientele consisting of Power Grid Corporation of India Ltd (PGCIL), Madhya Pradesh Power Transmission Company Ltd (MPPTCL), Haryana Vidyut Prasaran Nigam Ltd (HVPNL), Torrent Power Ltd , Zambia Electricity Supply Corporation (ZESCO), Kenya Power & Lighting Company (KPLC), North Bihar Power distribution Company Ltd (NBPDCL), South Bihar Power distribution Company Ltd (SBPDCL) and West Bengal State Electricity Distribution Company Ltd (WBSEDCL) among others. The Company commenced the Power Transmission and Power Distribution Business from January 19, 2022 upon transfer of the Demerged Undertaking to the Company as a going concern. In 2023-24, pursuant to the Scheme of Arrangement for Demerger, the Power Transmission and Power Distribution Business was transferred and vested from Bajaj Electricals Limited to Company effective from September 01, 2023. Post Demerger Scheme, the Company is engaged in providing solutions that include EPC and project management for all aspects of project execution from conceptualizing to commissioning. The Company`s business comprises of providing end-to-end EPC solutions or any combination of individual services, depending on customer`s needs and market opportunity. Their business can be broadly segregated into (i) the power transmission EPC sub-segment, which is primarily engaged in construction of EHV transmission lines using lattice towers, monopole, cables, AIS and GIS on turnkey basis; and (ii) the power distribution EPC sub-segment, which is primarily engaged in providing turnkey solutions for power distribution, feeder separation, rural electrification, and underground cabling. In terms of the Scheme, the Company issued and allotted 11,51,01,953 Equity Shares to the shareholders of BEL in the ratio of 1 fully paid-up equity share of the Company having a face value of Rs 2 each for every 1 fully paid-up equity share of Rs 2 each of Bajaj Electricals Limited to the shareholders of Bajaj Electricals Limited. In FY 2025, three substations got completed, including a high-voltage 765/400 kV AIS substation in Dharamjaigarh and two Karnataka Power Transmission Corporation Limited operated substations in Ramasamudra (220/110 kV) and Raichur (110/11 kV), with the Raichur substation commissioned on 4th April, 2025. During FY 2025, the Company has commissioned the 33/11KV Panchmala substation in Angul for Tata Power Central Odisha Distribution Limited (TPCODL).
Bajel Projects share price as on 05 Dec 2025 is Rs. 171.2. Over the past 6 months, the Bajel Projects share price has decreased by 20.36% and in the last one year, it has decreased by 34.18%. The 52-week low for Bajel Projects share price was Rs. 146.41 and 52-week high was Rs. 307.8.
544042
BAJEL
INE0KQN01018
Aug
Bajel Projects Ltd FAQs
You can buy Bajel Projects Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Bajel Projects Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Dec 05, 2025 09:49 AM the closing price of Bajel Projects Ltd was Rs.171.20.
The latest PE ratio of Bajel Projects Ltd as of Dec 05, 2025 09:49 AM is 154.95
The latest PB ratio of Bajel Projects Ltd as of Dec 05, 2025 09:49 AM is 2.82
The 52-week high of Bajel Projects Ltd share price is Rs. 307.80 while the 52-week low is Rs. 146.41
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Dec 05, 2025 09:49 AM, the market cap of Bajel Projects Ltd stood at Rs. 1,980.08 Cr.
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