Simplex Concrete Piles (India) Ltd. is a leading civil engineering construction Company operating in India. This Company originally incorporated as a British Company in India in 1924, introduced "Simplex system of piling" in India and South-East Asia. Simplex came under Indian management in 1947 when Mr. Madho Das Mundhra and his family took over the Company. The Company started its operations in the area of cast- in-situ driven pile foundations. Converting local engineers and architects from the centuries old foundation-laying practices, to the latest construction techniques, training unskilled workmen and inducting local personnel at all levels; working on virgin sites under primitive conditions, with minimal infrastructural facilities; Simplex undertook the role of a true pioneer. Over a period of time, the Company has diversified into various areas of civil engineering and construction work spreading its geographical area of operations to cover Myanmar, Malaysia and Sri Lanka. The Company has participated in large projects of national importance like construction of Steel Plants, Fertilizer Plants, Paper Plants, Cement Plants, Thermal Power Plants, Cooling Towers, bridges and flyovers, Ports and harbours, Water and Waste Water treatment plants and infrastructural and industrial projects. The modern and innovative construction techniques followed and the attitude towards achieving total quality is part of Simplex's reputation. The present turnover of the Company as per the latest balance sheet as on 31st March, 1995 is Rs 189.42 crores. Its gross profit is Rs 13.92 crores and net profit is Rs 6.06 crores and its earning per share is Rs 14.90. The targeted turnover for the next year is Rs 250 crores. The Company went public in February 1993. The maiden public issue was over-subscribed. Since then, the Company has successfully achieved the targets for the years 1992-93, 1993-94 and 1994-95 as projected in the prospectus at that time. The key factors responsible for Simplex's standing in the industry can be described below : i) All operations are controlled from the four zonal centres and corporate headquarters. For every assignment, the first step is a conceptual plan for manpower resources and programme of work prepared by the respective zonal office. The broad plan is next transmitted to the project manager concerned for a detailed site level assessment and programming. ii) As befits an engineering organisation, technical personnel comprise almost two-thirds of the total staff strength of more than 2100. Of these, about 300 are high caliber professionals in engineering, finance and business administration-taking managerial responsibilities at the four regional headquarters in Calcutta, Bombay, New Delhi and Madras. iii) To smoothly function while taking on new challenges. Simplex owns a whole range of construction equipment, including cranes, hydraulic excavators, dumpers, generators, compressors, well point dewatering sets, slipform equipment, Piling Rigs, Power Hammers, Augures, Boring Equipments, Batching Plants, heavy duty cranes, truck mixers, concrete pumps, Jetty Piling equipments (Simplex design) Hydraulic Piling Hammer, Pneumatic Piling Hammer, Tower Crane, Automatic 'Tunnel Form' equipments etc. iv) SCPL has a well-staffed Plant Division run by senior mechanical engineers, which works closely with construction engineers to plan out various alternative techniques and provide necessary plant systems. Preventive maintenance for all plant and machinery are mandatory at every site. For the same reason, substitute spares for imported plant are manufactured locally. As per any specific project requirement plant and machinery are designed or modified to meet exigencies at the project site. The Company has constructed various foundations, turbine and other equipment foundations, chimneys, cooling water ducts, concrete and structural superstructures, coal handling plants, treatment plants, ash handling plants, cooling towers and handled mechanical erection for a large number of power stations in India ranging from 10 MW to 250 MW which have been constructed by NTPC, State Electricity Boards. Awareness of International technical quality requirements has helped to secure orders for civil and structural work for almost all gas based combined cycle power projects in India, constructed by multinationals. The Company has recently diversified into housing area; for constructing mass housing complex on a turnkey basis. The Company has entered into' a MOU with M/s Aarding of Holland to manufacture specialised construction equipment in India. Aardings Equipment is mechanised construction equipment designed to achieve quality, construction at high speed. These equipments can be used for the construction of low cost houses as well as posh residential apartments, shopping complexes and hotels. In addition the Company has been associated with a number of multinational consultants and contractors in carrying out contracts and/or bidding for tenders in India and abroad. A list of contract (Rs. 10 crores and above in value) being executed by the Company is given below. The Company has work outstanding aggregating to Rs. 314.49 crores. (Rs.in lacs) ----------------------------------------------------------- Balance Work done of work Contract upto till Name of client value 31.8.95 31.8.95 ---------------------------------------------------------- Rolls Royce International Power 4248 140 4108 (India) Ltd. Orissa Power Generation 2854 2839 15 Corpn. Ltd. Reliance Industries Ltd. Surat 2479 1673 806 Reserve Bank of India 2580 2560 20 Central Govt. Employees 2624 414 2210 Welfare Orgn. ESSAR Projects Ltd., Hazira 1933 1719 214 Bharat Heavy Electricals Ltd. 1728 494 1234 Asea Brown Boveri Ltd. 1711 242 1469 Prudential Construction Co.Ltd. 1654 269 1385 National Building Construction 1469 1463 6 Corpn.Ltd. Nippon Denro Ispat Ltd. 1425 1411 14 Indian Farmers Fertilisers Co- 1096 347 749 operative Ltd. Maharashtra Public Works Dept. 1094 1085 9 Multi Storeyed Bldg. Constrn. Divn. C.E.S.C.Ltd. Calcutta. 1055 1037 18 Reliance Industries Ltd. 1110 987 123 Bharat Starch Industries Ltd. 1001 396 605 Sterlite Communications Ltd. 1020 -- 1020 ----- ----- ----- 31081 17076 14005 Other Contracts of value less than Rs.10 crores (80 nos.) 33421 15977 17444 ----- ----- ----- 64502 33053 31449 ===== ===== ===== ----------------------------------------------- Name of client Project & Location ----------------------------------------------- Rolls Royce International Gas Power Project Power Kakinada, A.P.. (India) Ltd. Orissa Power Power Project, Generation IB Valley, Orissa Corpn. Ltd. Reliance Industries Ltd. POY Plant, Surat Surat, Gujrat. Reserve Bank New Note Press of India Salboni, W.B.. Central Govt. Housing Complex, Employees Calcutta. W.B. Welfare Orgn. ESSAR Projects Steel Plant, Ltd., Hazira Hazira, Gujrat. Bharat Heavy HVDC Project, Electricals Ltd. Chandrapur, Maharashtra. Asea Brown HVDC Project, Boveri Ltd. Padghe Maharashtra. Prudential Construction Power project, Co.Ltd. Rajamundry, A.P. National Building Modernisation of Construction Delhi Airport, Corpn.Ltd. Delhi. Nippon Denro Sponge Iron Project Ispat Ltd. Raigarh, Dolvi, Maharashtra Indian Farmers Bagging Plant & Fertilisers Co- Product operative Ltd. Handling System, Aonla, U.P. Maharashtra Public Ghatkopar, Fly Over Works Dept. Bombay, Maharashtra. Multi Storeyed Bldg. Constrn. Divn. C.E.S.C.Ltd. Power Project, Calcutta. Budge Budge,W.B. Reliance POY Plant, Industries Ltd. Hazira, Gujrat. Bharat Starch Chemical Project. Industries Ltd. Baroda, Gujrat. Sterlite Communications Paper Project Ltd. Surat, Gujrat. ---------------------------------------------- Note: The above work done/Balance of work is based on the percentage completion assessment as made by the Company on 31.8.95 . 2003 -The shareholders have approved to delist company's shares from Delhi, Jaipur and Madras Stock Exchanges. 2004 -Simplex Concrete Piles gets listed on National Stock Exchange (NSE) -Simplex Concrete Piles India Ltd has bagged a Rs 9800 million contract from Nagarjuna Power Corporation on turnkey basis 2005 -Simplex Concrete bags order to construct 3rd box terminal at JN port -Company has changed its name from Simplex Concrete Piles (India) Ltd. to Simplex Infrastructures Ltd. 2006 -Simplex Infrastructures secures contract from Reliance Infrastructures -Company has splits its Face value of Shares from Rs 10 to Rs 2 2007 - Simplex Infrastructures Ltd has bagged two overseas orders for Industrial and High-rise building construction aggregating Rs 1006.70 crores. 2008 - Simplex Infrastructures Ltd has informed that the Company has received a new order of Rs 287 Crore for Qatalum Thermal Power Plant project in Qatar. With this the Power Vertical alone accounts for Rs 1252 crore being 14% of the total Order Book of Rs 9150 crore. The foreign segment accounts for 27% being Rs 2428 crore. - Simplex Infrastructures Ltd has informed that the Company has received new orders worth Rs 653 crores. -The Company has received an order of Rs 302 crores for construction of 6 flyovers on Seeb Corniche Road in Muscat in Sultanate of Oman. -The Company received a new order of Rs 406 Crores for Mumbai Metro. -The Company bags orders worth Rs630 crore in Dubai. 2009 -The Company has recommended a dividend of Rs.2/- per share (100%) on Equity shares. 2010 -The Company secured Rs 2,166 crore new orders. -The Company forays into Independent Power Transmission. 2011 -The Company bags Rs. 2128 cr orders. 2012 -The Company acquires Joy Mining Services to expand its footprint into underground mining. -The Company has recommended dividend of Rs. 2/- per Equity Share. 2013 -Simplex Infrastructures have recommended dividend of Re. 1/- per Equity Share of face value of Rs.2/- each. 2014 -Simplex Infrastructures have recommended dividend of Rs. 0.50 per Equity Share of face value of Rs. 2/- each. 2018 -Simplex Infra procures orders worth Rs 2595 cr.