The Company was incorporated under the Companies Act, 1956 on 13th May 2008 as a public limited company with an authorized capital of Rs.1,00,00,000 divided into 10,00,000 equity shares of Rs.10/- each with a paid-up capital of Rs.5,00,000 divided into 50,000 equity shares of Rs.10/- each, registered under CIN No. U45209AP2008PLC059135 2008-2009. It obtained the certificate of commencement of business on 5th August 2008.
The Company entered into a Scheme of Arrangement ("the Scheme") with Virat Crane Industries Limited and their respective shareholders. The Said scheme was approved by Hon'ble High Court of Andhra Pradesh at Hyderabad on 18th February 2010. In terms of the Scheme, the Company has taken over Real Estate and Infrastructure Business Undertakings of Virat Crane Industries Limited.
Crane Infrastructure Ltd is a Real Estate and Infrastructure Construction company headquartered in Andhra Pradesh. Crane Infrastructure Ltd provides construction services for residential, industrial, commercial, port infrastructure and road infrastructure projects.
The company provides Infrastructure and construction services for the five sectors described below.
(a) Residential: In the residential sector, we provide the following services: (i) the construction of townships including the construction of infrastructural facilities and the construction of residential housing; and (ii) the construction of high-rise buildings;
(b) Commercial: In the commercial sector, our services consist of the construction of structures such as shopping malls and multiplexes, IT parks, warehouse facilities, hospitals and schools;
(c) Industrial: In the industrial sector, our services consist of the construction of manufacturing facilities such as industrial factories and workshops.
(d) Port Infrastructure: In the port infrastructure sector, we provide the following services:
(i) the construction of onshore container terminals, which consist of reclamation, soil consolidation, paving and operational services that include fire fighting systems, sewerage and drainage services; (ii) the construction of container freight stations, which consist of the preparation of sub-base, paving and operational services that include fire fighting systems, sewerage and drainage services; (iii) the repair and maintenance services at onshore container terminal; and (iv) the construction of operational buildings and workshops.
(e) Road Infrastructure: In the road infrastructure sector, we provide the following services: earthwork, paving, sewerage, storm water drainage, electrification, landscaping and arboriculture.
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