OM Metals Infraprojects Ltd has informed that Om Metals Consortium, a partnership concern, has secured LOI for an estimated Rs 600 crore slum rehabilitation project in Bandra Reclamation, Mumbai. The Company has 35% equity stake in the consortium. The project is expected to commence in the next 3-4 months, and will be completed over 3 years.
OM Metals is a fast emerging conglomerate, with business interests in Hydro Mechanical Engineering, Real Estate and Infrastructure projects. The Company is in the process of executing large size real estate projects, and has more than 5 million sq. ft of land under development.
In the Hydro Mechanical segment, the Company has an outstanding order book of Rs 740 cr, with order book to sales ratio of 8x. OM Metals has executed over 50 projects across 18 states of India and in Nepal, Bhutan and Vietnam, for clients like NTPC, NHPC etc.
OM Metals has a market capitalization of Rs 900 crore.
OM Metals is a fast emerging conglomerate, with business interests in Hydro Mechanical Engineering, Real Estate and Infrastructure projects. The Company is in the process of executing large size real estate projects, and has more than 5 million sq. ft of land under development.
In the Hydro Mechanical segment, the Company has an outstanding order book of Rs 740 cr, with order book to sales ratio of 8x. OM Metals has executed over 50 projects across 18 states of India and in Nepal, Bhutan and Vietnam, for clients like NTPC, NHPC etc.
OM Metals has a market capitalization of Rs 900 crore.
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