08 May, EOD - Indian

SENSEX 80334.81 (-0.51)

Nifty 50 24273.8 (-0.58)

Nifty Bank 54365.65 (-0.45)

Nifty IT 36002.45 (0.23)

Nifty Midcap 100 53229.3 (-1.95)

Nifty Next 50 62760.25 (-2.14)

Nifty Pharma 21115.05 (-1.62)

Nifty Smallcap 100 16183.75 (-1.43)

08 May, EOD - Global

NIKKEI 225 36928.63 (0.41)

HANG SENG 22775.92 (0.37)

S&P 5699.5 (0.63)

LOGIN HERE

flagAnsal Housing Ltd

You are Here : Home > Markets > CompanyInformation > Company Background
BSE Code : 507828 | NSE Symbol : ANSALHSG | ISIN : INE880B01015 | Industry : Realty |


Company History

Ansal Housing & Construction Ltd, promoted by Sushil Ansal, Gopal Ansal, Deepak Ansal, Ansal Properties & Industries(P) Ltd and their associates, was incorporated as Ansal Housing Finance & Leasing Ltd on October 1983. A public issue was announced in December 1985 and the name was changed to the present one with effect from May 31 1990. Presently, the Company is engaged in the business of promotion, construction and development of integrated townships, residential and commercial complexes, multi-storeyed buildings, flats, houses, apartments, shopping malls etc.

In August 1999,the Ansal group has drawn a major restructuring plan,involving the consolidation of certain operations of AHCL,APIL and AB. Diversification into the infrastructure sector was put on hold,with focus on the real estate and hotel business. In 2001 the company launched new project called Panchvati Enclave(Meerut) in Joint Venture with Meerut Development Authority.

The Company launched three new 'Residential Projects' during the year viz. Garden Enclave in Ghaziabad, Ansals Green at Kolar Road in Bhopal and Ansal Pradhan Enclave, Aerara Colony in Bhopal during the year 2003-04. It established another Restaurant named The Great Kabab Factory 'TGKF'.

The new Residential Projects which were launched were Group Housing Project at Lucknow named 'NEST', Panchwati Enclave in Meerut. The Garden Enclave in Ghaziabad, East End in Loni, Ansals Green at Kolar Road in Bhopal and Ansal Pradhan Enclave, Aerara Colony in Bhopal were also launched during the year 2004-05. M/s Maestro Promoters Pvt. Ltd. and M/s Wrangler Builders Pvt. Ltd. were made subsidiaries of the Company on 29.11.04 and 30.11.04 respectively. The Commercial project in Agra was launched in 2009-10. It also launched new commercial projects at Karnal and Yamunanagar in 2011-12. The new Residential and Commercial Projects at Gurgaon, Ajmer, Meerut and Jhansi were launched by the Company during the year 2013-14.

During the year 2018-19, Rishu Buildtech Private Limited and Sonu Buildwell Private Limited ceased to be Wholly-owned Subsidiary Companies of the Company effective from 05.12.2018 and 28.01.2019 respectively. The name of the Company was changed from Ansal Housing and Construction Limited to Ansal Housing Limited effective 18 December, 2018. M/s Enchant Constructions Private Limited ceased to be the Wholly-Owned Subsidiary of the Company consequent upon transfer of 100% shareholding by Company with effect from 05th December, 2019.

Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

Copyright @ Capital Market Publishers India Pvt.Ltd

Designed, Developed and maintained by CMOTS Infotech (ISO 9001:2015 Certified)

Site best viewed in Internet Explorer Edge ,   Google Chrome 115.0.5790.111 + ,   Mozilla Firefox 115.0.3 + ,   Opera 30.0+, Safari 16.4.1 +