Prestige Estates Projects Ltd
NSE: PRESTIGE BSE: 533274
₹1580
+43 (2.80%)
Tue, 10 Nov 2026, 07:30 pm
Market Cap (in Cr)66117.09
PE Ratio59.76
Dividend0.13
Finance
Real Estate Development
24.5KPrestige Estates Projects Ltd Company History
1986
- Commenced operations as partnership firm Prestige Estates and Properties on April 1.
1988
- Completed Copper Arch on Infantry Road, first project.
- Prestige Opal and Prestige Four Seasons rated among 30 best developments by FIABCI.
- Prestige Meridian awarded Best Building of the Year by Accommodation Times, Mumbai.
1995
- Inaugurated Whistling Palms, first plotted development project.
1997
- Partnership reconstituted on March 31.
- Name changed to Prestige Estates Projects on May 12.
- Registered as private limited company Prestige Estates Projects Private Limited on June 4.
- Inaugurated Prestige Elgin, 50th project.
1998
- Entered property management services.
2001
- Commenced operations of Angsana, first hospitality project.
- Received ISO 9001:2000 Certification.
- Inaugurated Prestige Acropolis.
2002
- Prestige Acropolis awarded in Residential Category at FIABCI Awards.
2003
- Received CRISIL DA-1 rating.
2004
- Inaugurated Forum Mall, first retail project.
- Highly commended in software facility category by FIABCI.
2005
- Shifted registered office to The Falcon House, No.1, Main Guard Cross Road, Bangalore, effective January 2.
- Received Euro Money Award for excellence in real estate.
2006
- Inaugurated Prestige Ozone villa development.
- Launched Prestige Shantinikethan integrated township.
- Launched Cessna Business Park SEZ.
2007
- Entered relationship with Red Fort India Real Estate Holdco I L.L.C for commercial space and township development.
- Expanded operations to Cochin, Chennai and Hyderabad.
- Inaugurated UB City.
- Recognized as Member in Good Standing in Fellowship of Good Green Governance by Srishti.
- UB City awarded Best Developer in Mixed Use Category at Cityscape Real Estate Awards.
- Forum rated Best Mall in the Country at Real Estate Excellence Awards.
- Prestige Acropolis highly commended in Residential Category by FIABCI.
2008
- Started operations of Oakwood Premier Prestige serviced apartments at UB City.
- Inaugurated the Collections luxury mall at UB City.
- Entered strategic alliance with CRIDF for malls across South India.
- Launched Prestige Golfshire.
- Entered relationship with UIOF.
- Awarded Best Developer (Retail Project) at Real Estate Excellence Awards.
- Awarded Overall Achievement at Real Estate Excellence Awards.
- UB City awarded Outstanding Corporate Structure of Karnataka at ICI-KBC Birla Super Endowment Award.
- Forum highly commended for Best Developer Retail (Built) at Cityscape Asia Real Estate Awards.
- Forum awarded Most Admired Shopping Centre of the Year: Retailers’ Choice by ISCA.
- Prestige Elgin awarded Best Redevelopment at CNBC Asia Pacific Property Awards.
- Prestige Exotica awarded Best High-Rise Development at CNBC Asia Pacific Property Awards.
- Prestige Acropolis awarded Best Architecture (Multiple-Units) at CNBC Asia Pacific Property Awards.
- Prestige South Ridge awarded Best Property Marketing at CNBC Asia Pacific Property Awards.
- Prestige Neptune’s (courtyard) awarded Best Marina Development at CNBC Asia Pacific Property Awards.
- Prestige South Ridge awarded Best Interior Design at CNBC Asia Pacific Property Awards.
- Angsana Oasis Resort and Spa awarded Best Destination Spa at Pevonia Asia Spa Awards.
2009
- Converted to public limited company Prestige Estates Projects Limited on November 10.
- Inaugurated Forum Value Mall.
- UB City awarded Best Mixed Use Development (India) by CNBC Asia Pacific Property Awards.
- Prestige Golfshire awarded Best Golf Development (India) by CNBC Asia Pacific Property Awards.
- Prestige Golfshire highly commended for Best Mixed Use Development-Future at Cityscape Awards.
- Prestige Elgin won Heritage (Restoration) award at Prix d Excellence Awards.
2010
- Launched Prestige White Meadows.
- Floated IPO on October 12.
- Awarded certificate of merit as one of India's Top 10 Builders at Construction World Architect & Builder Awards.
- Awarded Commercial Master Builder Award by Construction Source India.
- Awarded Popular Choice Developer of the Year – Residential at Realty Excellence Awards.
- UB City awarded Architecture Award (Retail) by Asia Pacific Commercial Property Awards.
- UB City highly commended for Architecture Awards (Mixed Use, Leisure & Hospitality, Office) India.
- Prestige Oasis highly commended for Best Development Marketing India.
- Oakwood Premier Serviced Residences highly commended for Best Hotel Construction & Design India.
- Forum Value Mall, Whitefield highly commended for Best Retail Development India.
2011
- Recommended 12% final dividend for FY ending March 31.
2012
- Recommended 12% final dividend on equity shares.
2013
- Board recommended Rs. 1.20 per equity share dividend.
- Won Indian Realty Awards.
2014
- Tied up with Disney to build Disney-themed homes.
- Board recommended 15% dividend on equity shares.
2015
- PVR Cinemas to add 67 screens.
- Acquired Red Fort's stake in Bengaluru's Exora Biz Park.
- Won Realty Plus Excellence Awards.
- Won Construction Week India Awards.
- Won Asia Pacific International Property Awards.
- Won National Awards for Marketing Excellence.
2016
- Stock added to CLSA model portfolio.
2017
- Won Realty Plus Excellence Awards.
- Won BMA Award.
- Won ICI (BC) - Birla Super Award.
- Won WCRC Award.
- Won CREDAI Awards for Real Estate (CARE).
- Won Asia Pacific Property Awards.
2018
- Acquired CapitaLand's stake in various mall entities.
- Awarded Integrated Property Development Company of the Year.
- Named Asia's most admired brand 2017-18.
2019
- Awarded Ultra Luxury Residential project of the year.
2020
- Established India's first Paper Currency Museum.
- Launched Windsor Park in Chennai.
- Launched Prestige Tranquil.
- Launched fifth residential development in Chennai.
- Awarded Innovative Marketing campaign of the year.
2021
- Ranked top real estate company with highest sales in India.
- Highest bidder for Ariisto's Mumbai project.
- Launched premium plotted development in north Bengaluru.
- Signed Rs 9,160-cr deal with Blackstone.
- Awarded Top 50 Marketing Minds Awards.
2022
- Received The Best of Bharat Award.
- Acquired additional 10% equity stake in Prestige Sterling Infraprojects Private Limited.
2023
- Entered joint venture with W.S. Industries (India) Limited.
- Acquired balance stake from DB Group in Prestige (BKC) Realtors Private Limited and Turf Estate Joint Venture LLP for Rs. 1,176 Crores.
2024
- Acquired equity stake in WSI Falcon Infra Projects Private Limited.
- Acquired 22,135 sq. meters of land in Mira Bhayandar Municipal Corporation, Mumbai.
