Ashoka Buildcon Ltd
NSE: ASHOKA BSE: 533271
₹120.79
(0.62%)
Wed, 11 Mar 2026, 02:48 pm
Market Cap33.71B
PE Ratio1.19
Dividend0
Industrial Services
Engineering & Construction
24.5KCompany History
1983
- Began operations as Ashoka Constructions partnership on November 5.
1993
- Reorganized as Ashoka Buildcon Private Limited.
1996
- Completed first major industrial project for Nilkamal Plastics Limited Sinnar.
1997
- Entered business of toll roads and bridges on BOT basis.
- Awarded first BOT project Dhule bypass completed same fiscal year.
- Awarded CM Shah Concrete Technology Award by Institution of Engineers India Pune Local Centre.
- Awarded National Award for Most Outstanding Bridge Excellent Aesthetic Matching Environment for Kothrud flyover Pune and Shivna bridge.
1998
- Started and completed Dhule bypass project in nine months.
- Completed Kothrud flyover.
- Awarded ISO 9001:2000 certification for quality management systems.
- Established Ashoka Training Institute.
- Awarded National Award for Most Outstanding Bridge Excellent Aesthetic Matching Environment for Kothrud flyover and Shivna bridge.
- Quality management systems ISO 9001:2000 certified by International Standards Certifications Pty Limited.
- Awarded Director’s Work of World Class Quality Award for Proctor and Gamble project in Goa.
2000
- Awarded first project Rs 1,000 million on NH-4.
- Began manufacturing RMC for EPC division use.
2001
- Completed East Coast road Chennai to Puducherry declared model road by Government of India.
- Awarded NIMA Excellence Award by Nashik Industries and Manufacturers Association.
- Awarded National Award Most Outstanding Bridge for Bhor bridge.
- Started RMC business.
2002
- Became public company on April 22 changed name to Ashoka Buildcon Limited.
- Began manufacturing RMC for sale to third parties.
2004
- Completed construction of Indore-Edalabad road one of longest roads on BOT basis.
2005
- Began processing bitumen to higher grade at Pune facility.
2006
- IDFC PE II acquired 1,019,617 equity shares becoming single largest shareholder with 18.18% stake.
- Entered shareholders agreement with IDFC Infrastructure Fund 2 for issue of 1,019,617 equity shares at Rs 980.76 per share.
2007
- Received ISO 9001:2000 ISO 14001:2004 OHSAS 18001:1999 certificate from International Standards Certifications Pty Limited.
- Awarded certificate of involvement by United States Environment Programme for 2007 Billion Tree Campaign.
- Awarded certificate for ISO 9001:2004 14001:2004 18001:2007 compliance.
2008
- Ashok M Katariya received Lifetime Achievement award from Association of Consulting Civil Engineers.
- Awarded certificate of excellence in productivity quality innovation and management by Institute of Economic Studies New Delhi.
2009
- Received ISO 9001:2000 ISO 14001:2004 OHSAS 18001:2007 certificate from International Standards Certifications Pty Limited.
2010
- Equity shares listed on Exchange Scrip Code 533271 B Group.
- Announced construction completion and start of toll project.
2011
- Successful bidder for Four Laning of Cuttack-Angul Section 112 km.
- Received Letter of Awards for Turnkey Power Distribution EPC contracts Rs 156.51 crore from MSEDCL.
2012
- Acquired 50% equity shares in VIPL now holding 99%.
- Emerged lowest bidder for Chennai-ORR project Tamil Nadu.
2013
- Declared interim dividend for FY 2012-13 at 20% Rs 2 per share.
- Announced bonus in 1:2 ratio.
- Split face value from Rs 10 to Rs 5.
2014
- Received Letter of Award for project.
- Honoured with Lokmat Presents Corporate Excellence Award 2014.
- Honoured with Best Award for promoting Green Building Concept and Infrastructure by Institute of Engineers India.
- Bagged Project of the Year Runner Up for Dhankuni Kharagpur Road Project.
2015
- Restarted toll collection at Dewas Bypass Road Project.
- Awarded Best Professionally Managed Company at 7th CIDC Vishwakarma Awards.
- Arm received arbitral award.
2016
- Acquired 48% stake in JTCL.
- Bagged Rs 155.8 crore project from NHIDCL.
- Secured 5 power projects worth Rs 950 crore in Bihar.
- Acquired stake in Mudhol Nipani SPV.
- Secured Rs 179 crore project from DVVNL.
2017
- Received Letters of Award for Power Project in Bihar.
- Honoured with Infra Company of the Year Award at EPC World Awards Delhi.
- Won Letter of Award from Mumbai International Airport to develop land parcels in Sahar village.
- Received new project from NHAI in Vizag Andhra Pradesh.
- Received Rs 116.72 crore power project in Bihar.
2018
- Issued Bonus Shares in 1:2 ratio.
- Declared Appointed Date for NHAI Project.
- Received Letter of Acceptance from RVNL for construction of roadbed and bridges.
- Awarded for Innovations in CSR Practices by ET Now CSR Leadership Awards 2018.
2019
- Received Letter of Award for NHAI Project.
- Received LOA for Uttar Pradesh Expressways Industrial Development Authority Project.
- Received provisional Completion certificate for KRDCL Project.
2020
- Acquired additional 1.6 crore shares in Ashoka GVR Mudhol Nipani Roads Ltd.
- Acquired stake in Mudhol Nipani SPV.
2021
- Acquired stake in Ashoka Concessions Limited.
- Received work order for construction of rock fill embankment and subgrade for Navi Mumbai International Airport Project.
- Awarded for JNPT Road Project by Construction Week at Equipment and Infra Awards 2021.
- Received letter of award from Ministry of Road Transport and Highways for project in Goa.
- Acquired 60% stake in Ashoka Bettadahalli Shivamogga Road Private Limited.
- Received NOA for Solar Project on EPC basis.
2022
- Bagged projects worth Rs 754.57 crore.
- Achieved financial closure for NHAI road project Baswantpur to Singondi.
- Bagged Rs 208.89 crore project from East Central Railways.
- Received LoA for Rs 693 crore project from Northeast Frontier Railway.
- Bagged Rs 112 crore project for construction of mall-cum multiplex.
2023
- Received Letters of Award from Maharashtra State Electricity Distribution Company Limited for Development of Distribution Infrastructure Project.
- Received Order from North Bihar Power Distribution Company Ltd for Development of Distribution Infrastructure at Muzaffarpur Electric Supply Circle.
- Received Letter of Award from National Highways Authority of India for Construction of Four Lane Elevated Corridor.
2024
- Signed agreement with Bangalore International Airport Limited for construction of Elevated Western Crossfield Taxiways.
- Received order from Madhya Pradesh Poorv Kshetra Vidyut Vitaran Company Ltd.
- Received Completion Certificate for NHAI Project.
- Executed EPC Agreement with Serneke International Group AB Sweden for project floated by Baran International Limited.
Open Your Free Demat Account Now!
Facebook
Twitter
Instagram
LinkedIn
Youtube
Calculators
Popular Calculators
Group Stocks
Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800