Modis Navnirman News

Modis Navnirman Begins Rashmi Icon Construction

Modis Navnirman Limited commenced construction of Rashmi Icon, a 200+ unit residential project in Malad West, Mumbai with Bhoomi Poojan ceremony on February 6, 2026.

Modi's Navnirman wins ₹250 cr redevelopment mandate

Modi's Navnirman Limited secures unanimous approval for BOI Staff Sheetal Co-operative Housing Society redevelopment project in Mumbai's Borivali West with GDV of ₹250.00 crore.

Modis Navnirman Reports 128% Revenue Growth in H1 FY26, Achieves Full-Year FY25 Profit in Six Months

Modis Navnirman Limited achieved revenue of 83.39 crores with 128% year-on-year growth, EBITDA of 16.04 crores (up 164%), and PAT of 12 crores (up 165%) in H1 FY26, matching its entire FY25 profit in just six months. The Mumbai-based redevelopment-focused real estate company successfully merged its subsidiary, handed over a 90-unit project in Borivali, and is progressing toward BSE-NSE main board migration while maintaining debt-free status.

Modis Navnirman Limited Migrates from SME Platform to Main Board of BSE and NSE

Modis Navnirman Limited, a Mumbai-based real estate redevelopment company, successfully migrated from the SME Platform to the Main Board of both BSE and NSE effective November 14, 2025. The migration of 1,95,91,200 fully paid-up equity shares of ₹10 each opens new avenues for enhanced visibility, liquidity, and access to a wider base of institutional and retail investors.