2:1 bonus share: Construction company bags order worth Rs 8,65,15,076 from Public Works Department (PWD) (East), Pune

DSIJ Intelligence-1 / 16 Sep 2025/ Categories: Mindshare, Trending

2:1 bonus share: Construction company bags order worth Rs 8,65,15,076 from Public Works Department (PWD) (East), Pune

The stock is up by up over 30 per cent from its 52-week low of Rs 196.20 per share.

Univastu India Limited has been awarded a work order from the Public Works Department (PWD) (East), Pune, for a domestic project in Baramati. The contract, received on September 15, 2025, is for the construction of a District Sports Complex, which includes the fourth floor of the main complex, a playground, internal furniture, an east side compound wall, an internal road, a rainwater gutter, parking, and pathways.

The total value of the contract is Rs 8,65,15,076, which includes Rs 7,33,17,861 for the work and 18 per cent GST amounting to Rs 1,31,97,215. The company is required to execute the project within 12 calendar months, which also accounts for the monsoon season. This order highlights Univastu India Limited's role in infrastructure development within the state. The company has submitted the required additional details about the order as per SEBI regulations.

About the Company

Established in 2009, Univastu India Ltd is active in the construction industry. Holding multiple certifications like ISO 9001, 18001 and 14001, along with top-tier PWD and CIDCO classifications, the company provides integrated engineering, procurement and construction services for civil, structural and infrastructure projects secured from government and private agencies. They are also involved in trading construction materials such as steel, cement and electrical supplies.

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Univastu India Ltd's primary focus areas include diverse civil construction projects like metro stations, sports complexes, hospitals and educational institutions, alongside water supply, drainage, road and bridge projects. Their past projects include an indoor sports complex in Goa and a hospital in Bhosari. Clients include CIDCO and the Sports Authority of Goa and the company regularly bids on government tenders.

Univastu India Ltd's shares traded ex-bonus on August 29, 2025. Shareholders on the record date will receive two new fully paid-up equity shares for every one share they already hold, as part of a 2:1 bonus issue. The company has a market cap of over Rs 300 crore and has delivered good profit growth of 19.4 per cent CAGR over the last 5 years with the debtor days having improved from 43.7 to 15.4 days. The stock is up by up over 30 per cent from its 52-week low of Rs 196.20 per share.

Disclaimer: The article is for informational purposes only and not investment advice.