Prajay Engineers Syndicate Limited (PESL), a leading infrastructure development company headquartered in Hyderabad was promoted by Chandra Mohan Reddy. The partnership Firm was converted and incorporated as a Public Limited Company on April 19, 1994. Company is engaged primarily in the business of real estate construction, development and maintaining hospitality projects. The portfolio of Prajay's development activity includes residential complexes, commercial complexes and multiplexes, also having interest in hospitality business.
PESL is pioneers in construction activities in the twin cities of Hyderabad-Secunderabad. Some of Prajay's reputed residential projects are Prajay Homes, Prajay Sai Gardens, Prajay City and Prajay Gruhatara. Prajay had won the Prestigious CITD National Gold Award, consecutively for the years 1995, 1996 and 1997 for its outstanding standards in maintaining quality and affordability. The Company had ventured into the hospitality business in the year of 2000 as a diversification exercise and operates three properties under the Celebrity' brand name. In 2001, again, the company had received CITD National Gold Award once more. PESL had completed a Foreign Currency Convertible Bonds (FCCB) issue amounting to $15 million in the month of December 2005, received a stupendous response from overseas investors. During the year 2005-06, Prajay had completed and sold a total area of 496672 square feet in its residential and commercial ventures. Prajay Harbou ...r City, one of the largest integrated township projects in Vishakapatnam and Prajay Enclave had launched in June and August 2006 respectively. During the financial year 2006-07, the company constructed and sold an area of around 2 million square feet, mostly from residential ventures.
PESL had entered into a joint venture (JV) agreement with Malaysia based property developer, Sunway City India in January of the year 2007, for the development of one of the company's up market residential condominiums projects in Hyderabad. PESL completed and delivered almost 1.65 million square feet of development in the year 2007-08 and launched almost 20 million square feet of construction for completion in the next 3 years' time. In the same year of 2007-08, the company also appointed world renowned and experienced consultants to assist in project execution and ensure the highest standards of quality. Some of these consultants include RSP Architects from Bangalore, H Architects from Singapore, VBT Consortium from Bangalore, and FABS (Facilities and Building Systems). PESL also launched the Celebrity Club at Malakpet, extending the Celebrity brand to three locations now.
In FY 2018-19, Secunderbad Golf and Leisure Resorts Private Limited became 100% subsidiary by virtue of transfer of shares from the registered shareholders/ registered owners (who were holding shares for and on behalf of PESL) to PESL.
In FY 2024, Company launched Prajay Virgin County project Phase 1 at Baghmankhal Village, Maheshwaram Mandal, R.R. District. Prajay Megapolis (SPV Project) situated at Hafeezpet Village, Serilingampally Mandal, R.R. District has completed with a clubhouse of nearly 1 Lakh sft.Prajay Megapolis (SPV Project) situated at Hafeezpet Village, Serilingampally Mandal has completed the Phase I of 1113 flats comprising of 9 towers, with 3 basements parking, ground + 18 uppers floors.
Prajay Princeton Towers situated at L.B. Nagar, Saroornagar Mandal, has completed retail space and convention center and is made operational in FY 2025.
FAQs on Prajay Engineers Syndicate Ltd
1. Can I buy Prajay Engineers Syndicate Ltd from PL Capital? ›
Yes, you can invest in Prajay Engineers Syndicate Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Prajay Engineers Syndicate Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Prajay Engineers Syndicate Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Prajay Engineers Syndicate Ltd pay dividends? ›
Prajay Engineers Syndicate Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Prajay Engineers Syndicate Ltd ? ›
As of
05-Feb-2026 , 15:53:31 the share price for Prajay Engineers Syndicate Ltd. is ₹ 21.83 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Prajay Engineers Syndicate Ltd ? ›
The 52-week high and low of Prajay Engineers Syndicate Ltd share price is ₹ 17.12 - ₹ 33.88 as of
05-Feb-2026 , 15:53:31 .
