Capacite Infraprojects Limited has informed the Exchange regarding 'Receipt of Letter of Intent of ₹ 621 Crore (Rupees Six Hundred Twenty-One Crores Only) from Saifee Burhani Upliftment Trust'.
CAPACITE · price
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On the reaction day the stock moved 3.1 pts more than Nifty Microcap 250 and 2.5 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Capacit'e Infraprojects has received a Letter of Intent (LOI) worth ₹621 crore (excluding GST) from Saifee Burhani Upliftment Trust (SBUT) for core and shell construction works, finishing, and MEPF services for Sector 07 of the Saifee Burhani Upliftment Project at Bhendi Bazaar, Mumbai. This is the third repeat order from SBUT, reflecting a strong ongoing relationship. The order size is very large relative to the company's annual revenue (likely 30-40% of FY25 revenue), making it a significant addition to the order book. The company has clarified this is not a related party transaction, and the work falls within its normal civil contracting business.
This is a major positive for the stock, as it significantly strengthens Capacit'e's order book visibility and reinforces its reputation as a trusted contractor for repeat business from a key client. The order of this size could support revenue growth over the next 2-3 years and may drive positive sentiment in the near term.