SUPREMEINFNSESupreme Infrastructure India Limited· ConstructionHighPositive
Announced Tue, 24 Jun · 18:00 IST

Supreme Infrastructure India Limited has informed the Exchange about General Updates

Business Updates View source PDF

SUPREMEINF · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Supreme Infrastructure India Limited has been awarded a ₹450 Crore turnkey construction contract for the development of a Project Affected Persons (PAP) housing complex in Powai, Mumbai. The project is being undertaken by BSS Property Ventures and Rajeshwar Property Ventures, entities majority-owned by Brookfield-managed funds. Supreme Infrastructure will serve as the EPC contractor for Phase 1, covering approximately 16 lakh sq. ft. of built-up area including civil, MEP, and infrastructure works, to be completed over 36 months. With this addition, the company's total order book rises to ₹1,725 Crore, comprising high-value projects with reputed clients such as Larsen & Toubro and Brookfield-backed ventures.

Likely market impact

This contract win strengthens the company's order book visibility for the next three years and reinforces its credibility through association with Brookfield. However, execution risk on a large 36-month project and dependence on timely payments from the client remain key factors for shareholders to watch.