The company was incorporated as Atal Realtech Private Limited on August 25, 2012 under the Companies Act, 1956 with the Registrar of Companies, Mumbai. The status of the company was changed to public limited and the name of the company was changed to Atal Realtech Limited vide Special Resolution dated December 12, 2019.The fresh certificate of incorporation consequent to conversion was issued on January 21, 2020 by the Registrar of Companies, Mumbai.
The company was incorporated in the year 2012 for undertaking various construction activities, majorly acting as a sub-contractor to Prakash Constrowell (now known as Setubandhan Infrastructure). It is a construction company providing integrated civil works contracting and engineering services for structural construction and infrastructure sector projects and is a registered contractor with the Government of Maharashtra Public Works Department in Class I-A. The company engages in contracting and sub-contracting for various government and private projects which includes construction of commercial structures and industrial structures. The company is situated at Nashik and many of its project sites are located in the State of Maharashtra, though it has undertaken projects in other parts of India. Majority of the construction activity being undertaken by it includes civil & structural construction and infrastructure contracts under sub contracting by main contractors, who have been allotted the project by a principle employer. Further, it has undertaken a few projects directly as a Contractor for certain private construction companies and real estate developers.
Business area of the company
The company’s focus area includes (i) Civil construction projects, which include structures such as sports complex projects (Indoor and Outdoor Sport Stadiums), multi-purpose hall, commercial structures, industrial structures, Hospitals, Cold Storages, Educational Institution, mass housing projects; (ii) Water Supply and Drainage Projects; (iii) Road and Bridges Projects; and (iv) Major and Minor Irrigation Projects. Besides, the company’s revenue model also includes trading of certain construction materials. Besides undertaking contracted and / or sub-contracted projects, the company is also engaged in trading activities, wherein it supply construction materials to its various clients as per their specific requirements.
Major events and milestones:
- 2012: Incorporation of the company.
- 2017: Registered as Contractor with Government of Maharashtra Public Works Department in Class I-A.
- 2019: Awarded company’s first direct contract with PWD, Maharashtra for construction of Administrative Building at Motala, Buldana.
- 2020: Conversion of Private Limited Company to Public Limited Company.
- 2020: Awarded second direct contract from National Health Mission for construction of Main Administrative Building and Worker Residence at Washim, Mauje Rathid.