Simplex Realty Ltd

Simplex Realty Ltd Technicals

Simplex Realty Ltd Financials

Simplex Realty Ltd Shareholding Pattern

About Simplex Realty Ltd

Incorporated on November 6, 1912 to set up a composite textile manufacturing unit in Bombay, Simplex Realty Limited, formerly known as Simplex Mills Company Limited was initially managed by Allen Bros. & Co. (Bombay). Name of the Company was changed from Simplex Mills Company Limited to Simplex Realty Limited in 2006. In 1932, the Managing Agency was taken over by Forbes Cambell & Co. In 1960, S R Damani, took over the management. Presently, the Company is in real estate development of residential as well as commercial properties. At the time of the takeover, the Company in priority, was manufacturing and selling only unprocessed grey cloth. Immediately after the takeover, the company set up a process house and gradually started manufacturing a whole range of shirtings, sarees, dress materials, etc. SML set up one more composite textile unit at Akola in 1974. The unit was put up to manufacture tyre cord fabric and grey canvas of different area densities. In 1981, the Company diversified its operations by setting up a paper mill in Gondia, Maharashtra, to manufacture writing and printing paper. The company went public in Sep.'92 to part-finance its modernisation programme. The company has transferred its Paper & Paper board division to its subsidiary Simplex Paper & Pulp Limited. In 2005, the Company demerged its Paper & Textile Divisions and as per the Scheme of Arrangement for Demerger, the Paper Division was transferred and vested to Simplex Paper & Pulp Ltd a ...nd the Textile Division got transferred and vested to Gaalaxy Garments Ltd. In terms of Scheme of Demerger , the name of the Company got changed from 'The Simplex Mills Company Limited' to 'Simplex Realty Limited' with effect from 9th November, 2005. Thereafter, the Company acquired 100% shares of Simplex Renewable Resources Private Limited (SRRPL) and hence SRRPL became wholly owned subsidiary of the Company during year 2010-11. It completed the 'Simplex KhushAangan' Project in Malad, Mumbai during 2017-18. The Nachinolla Project, in Goa having 4 Villas was completed in 2024. The Company incorporated a wholly owned subsidiary, Simplex Modern Homes Private Limited on 25th March, 2025. During FY 2026, the Company has completed Projects for 'Simplex KhushAangan' and 'Casas-Na-Colina' consisting of 4 villas at Nachinola, Goa which is ready for sale. Further, Company has duly entered into Development Agreement with 'Bandra Anand Vihar Cooperative Housing Society Limited'' situated at Bandra, Mumbai for redevelopment of the Residential Building. The Company has entered into a Supplementary Agreement for Development and Assignment with Simplex Modern Homes Pvt. Ltd. and the Society to unlock the full development of the plot. As part of this agreement, the Company has officially transferred the project to Simplex Modern Homes Private Limited.

Similar Stocks