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- The company’s order book has doubled at Rs 2830 crore, up from Rs 1408.27 crore at the time of its IPO in October 2024
- The company will develop a state-of-the-art International Convention Centre at Gorakhpur
- The company has already secured approvals (including fire approvals) from GDA on its plans to develop 24 lakh sq ft construction
- The company expects the completion of the project in the next 30 months
- Public sector orders account for 2/3rd, while Private sector accounts for nearly a third
Garuda Construction and Engineering Limited (GARUDA) (BSE: 544271 NSE: GARUDA), a leading specialised EPC (Engineering, Procurement, and Construction) player, today announced its largest-ever order win of Rs. 1087.34 crore from Gorakhpur Development Authority – a department of the Government of Uttar Pradesh. The company would build a state-of-the-art International Convention Centre – spread over 24 lakh square feet, with a seating capacity of 5000. Located near Ramgadh Jheel Champadevi Park, the project will also offer the development of adjacent land parcels for commercial and residential use. This addition contributes to the company’s robust order book of Rs 2,830 crore, demonstrating its growing market presence across diverse and specialised construction segments.
The company has built an impressive portfolio spanning critical infrastructure sectors, from public sector undertakings (PSUs) to private developments. Its expertise encompasses sustainable hydro projects, premium residential complexes, urban infrastructure development, hospitality projects, and renewable energy initiatives. Recent contract wins in road construction, urban development, and industrial estates demonstrate the company’s technical excellence and ability to execute complex, large-scale projects within stipulated timelines.
Pravin Kumar Agarwal, Managing Director and Chairman, Garuda Construction and Engineering Limited, said, “We are proud to deliver high-quality infrastructure solutions that contribute to the nation’s growth. Our diverse project portfolio highlights our strength in adapting to the market’s changing needs while ensuring that we remain focused on innovation, sustainability, and operational efficiency. With our current order book and expertise in delivering turnkey solutions, we can contribute significantly to India’s infrastructure development.”
Notable ongoing projects undertaken by the company include the ambitious Raptinagar Township & Sports City Development project, worth Rs.704.61 crore, also making significant strides. The company is actively involved in multiple premium residential developments across
Mumbai, including key Lower Parel and BKC projects. Moreover, Garuda Construction and Engineering is expanding its hospitality footprint with a boutique hotel project in Bangalore.
