Rs 5,000+ crore order book: Engineering Company Bags Order Worth Rs 32,06,84,811.84 from Indian Oil Corporation Ltd

DSIJ Intelligence-1 / 17 Oct 2025/ Categories: Mindshare, Trending

Rs 5,000+ crore order book: Engineering Company Bags Order Worth Rs 32,06,84,811.84 from Indian Oil Corporation Ltd

The stock is up over 70 per cent from its 52-week low of Rs 249.85 per share.

RBM Infracon Limited has secured a significant domestic contract valued at Rs 32,06,84,811.84 (including GST) from Indian Oil Corporation Ltd (IOCL), Refineries Division, Gujarat Refinery, as disclosed under the SEBI Listing Regulations. The order, dated October 16, 2025, involves undertaking Miscellaneous Works comprising piping and structure for the Lupech Project at the IOCL Gujarat Refinery in Vadodara. RBM Infracon is required to complete and execute this substantial work within a six-month timeframe from the order date.

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Headquartered in Jamnagar, Gujarat, with satellite offices in Ahmedabad and project sites nationwide, RBM Infracon leverages its strategic location, robust infrastructure, skilled workforce, and advanced technology to deliver timely and efficient solutions. Guided by the vision of "The Resonance of Excellence," the company strives for excellence that not only sets a benchmark but also leaves a lasting impact on the industry. RBM Infracon has successfully collaborated with industry giants such as Reliance Industries, Nayara Energy Limited, Afcons Infrastructure Ltd, Chemie-Tech-DORC-Nigeria, Chemie-Tech-Malta, GPPL- Malta, YARA Fertilisers, Tata Projects and L&T, demonstrating their capacity to deliver on large-scale projects.

The company has a market cap of over Rs 400 crore with an ROE of 20 per cent and an ROCE of 28 per cent. The company has an Order Book of over Rs 5,000 crore. The stock is up over 70 per cent from its 52-week low of Rs 249.85 per share.

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