In the news
October 7, 2021
This year, we at Shrem had 24 operational projects across 5 states acquired from Dilip Buildcon Limited. They are one of the prominent players in the Indian road construction sector and own a large fleet of machinery and a strong workforce. While handling these projects, we had robust risk mitigants and an expert technical and management team.
In the last 5 years, we have completed over 3500 lane kms of 10 projects and received 190 annuities post-acquisition portfolio from DBL of almost 3500 crores.
We have an existing lane length of 6400 kms and a proposed lane length of 4100 kms. We have also received a grant of 3000 crore rupees for under-construction projects.
The value of the existing financial assets is 4197 crore rupees and the gross consolidated debt is 3082 crore rupees. Regarding the assets under acquisition, the value of the financial assets is 9148 crore rupees and the gross consolidated debt is 4086 crore rupees.
We have 10 assets under acquisition, with a total length of 483.76 kms and a total lane length of 2501 kms.
The Shrem InvIT assets are Road-Annuity totaling 17.92 crore rupees. The IRB InvIT Fund and IndInfravit Trust assets are Roads-Toll for each, totaling 11.25 crore rupees and 6.85 crore rupees respectively.
This year, we at Shrem had 24 operational projects spread across 5 states acquired from Dilip Buildcon Limited. They are one of the largest players in the Indian road construction sector with a large fleet of machinery and a strong workforce. While handling these projects, we had robust risk mitigants and a strong technical and management team.
In the last 5 years, we have completed over 3500 lane kms of 10 projects and received 190 annuities post-acquisition portfolio from DBL of almost 3500 crores.
We strive for inclusive, profitable, and sustainable growth. We aim to be the most preferred partner with all stakeholders in creating a quality pool of operational revenue-generating infrastructure assets with creditable yield for our investors.