Prozone Realty Limited was formerly incorporated as 'Prozone Capital Shopping Centres Limited' in 2007. The Company changed the name from Prozone Capital Shopping Centres Limited' to Prozone Intu Properties Limited in July, 2014. Thereafter, the name was changed from Prozone Intu Properties Limited to Prozone Realty Limited in December, 2022. The Company is engaged in the business of developing, owning and operating of Shopping Malls, Commercial and Residential Premises and providing related management consultancy services.
The Company's business segments include Leasing and Outright Sales. The Company owns over six land banks aggregating approximately 170 acres with maximum saleable area of approximately 17.8 million square feet in city locations spread across approximately six cities in India. Its Prozone Mall is located in Aurangabad, in which there are over 10 anchor tenants and approximately 100 plus stores operational. Its subsidiaries include Alliance Mall Developers Co. Private Limited, Jaipur Festival City Private Limited, Kruti Multitrade Private Limited, Royal Mall Private Limited and Prozone Liberty International Limited.
The company has an aggregate of 139.71 acres across fully paid-up land bank, with a maximum saleable area of approximately 15.54 MSFT. Of its 15.54 MSFT land bank, 2.02 MSFT has already been developed. Currently, the Company has broken ground in five locations - Mumbai, Nagpur, Coimbatore, Indore and Aurangabad.
The Prozone Aurangabad ...Mall launched in October, 2010. The second mall in Coimbatore got launched in July, 2017.
The Company on 03 May, 2021 sold its whole 25% investment in Moontown, and it ceased to be a Joint venture of the Company.
During the financial year 2020-21, the Company sold whole investment made in Emerald Buildhome Private Limited and it ceased to be an associate Company of the Company.
During the financial year 2020-21, M/s Calendula Commer became Joint-Venture of the Company. In FY 2025, the construction phase completed in Nagpur and part of the OC has been obtained, with 264 units sold. Phase 1B, comprising 75 plots, was launched in Indore during the year. Phase 1 of 540 luxury units launched at Coimbatore with 291 units sold.
FAQs on Prozone Realty Ltd
1. Can I buy Prozone Realty Ltd from PL Capital? ›
Yes, you can invest in Prozone Realty Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Prozone Realty 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 Prozone Realty Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Prozone Realty Ltd pay dividends? ›
Prozone Realty 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 Prozone Realty Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Prozone Realty Ltd. is ₹ 50.16 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Prozone Realty Ltd ? ›
The 52-week high and low of Prozone Realty Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
