The Company was incorporated as `Synectics Infoway Private Limited' on March 28, 2000 at Chennai, Tamil Nadu as a private limited company under the Companies Act, 1956, and was granted the certificate of incorporation by the RoC. Subsequently, the name of the Company was changed to Shriram Properties Private Limited pursuant to a special resolution passed in an EGM held on March 17, 2003 to reflect the change in the business of the Company from the information technology business to property development, and a fresh certificate of incorporation consequent upon change of name was granted by the RoC on March 28, 2003. the Company was converted from a private limited company to a public limited company pursuant to a special resolution passed at EGM held on April 1, 2003 and the name of the Company was changed to Shriram Properties Limited. A fresh certificate of incorporation consequent upon change of name on conversion to a public company was granted by the RoC on April 12, 2003. Subsequently, the Company was converted from a public limited company to a private limited company pursuant to a special resolution passed at an EGM held on November 26, 2007 and the name of the Company was changed to Shriram Properties Private Limited. A fresh certificate of incorporation consequent upon change of name on conversion to private limited company was granted by the RoC on February 14, 2008. the Company was converted from a private limited company to a public limited company pursuant to a special resolution passed at an EGM held on September 18, 2009 and the name of the Company was changed to Shriram Properties Limited. A fresh certificate of incorporation consequent upon change of name on conversion to a public limited company was granted by the RoC on November 11, 2009. Subsequently, The Company was converted from a public limited company to a private limited company pursuant to a special resolution passed at an AGM held on September 30, 2011 and the name of the Company was changed to Shriram Properties Private Limited. A fresh certificate of incorporation consequent upon change of name on conversion to a private limited company was granted by the RoC on December 19, 2011. the Company was converted from a private limited company to a public limited company
pursuant to a special resolution passed at an EGM held on October 24, 2018 and the name of the Company was changed to Shriram Properties Limited. A fresh certificate of incorporation consequent upon change of name on conversion to a public limited company was granted by the RoC on December 10, 2018.
Major events and milestones of the Company : 2006 - Investment by Sun Apollo Investment Holdings LLC of approximately Rs. 800 million in Shriram Properties and Infrastructure Private Limited
2007 - Investment by WSI/WSQI of Rs. 2,100 million in the Company - Investment by Hypo Real Estate Bank International AG of Rs. 5,590 million for a SEZ project in Chennai
2011 - Investment by WSI/WSQI and TPG Asia of Rs. 2,431.50 million and Rs. 3,250 million, respectively in the Company
2012 - Investment by Ask Real Estate Special Opportunities Fund of Rs. 839 million in Shrivision Homes for real estate projects in Bengaluru
2014 - Acquisition by India Realty Excellence Fund II LLP from Garden City Realty Private Limited 49% of the share capital of Shrivision Towers and investment of approximately Rs. 665 million in Shrivision Towers - Investment by Amplus Capital Advisors Private Limited of Rs. 130 million in real estate projects in Bengaluru - Purchase of shares of the Company by TCFSL and Omega TC from Shriram Venture Limited for approximately Rs. 4,683.12 million
2017 - Acquisition by Horus Holdings Pte. Ltd. from the Company of Shriram Properties and Infrastructure Private Limited which holds a project land located in a SEZ in Chennai for Rs. 3,712.72 million
2018 - Purchase of compulsorily convertible debenture of Shriprop Properties by Mitsubishi Corporation through its subsidiary, DRI India Company Limited for a consideration of Rs. 1,785 million - Signing of a non-binding memorandum of understanding with ASK Property Investment Advisors Private Limited for funding commitment of Rs. 8,000 million in residential real estate projects in Bengaluru and Chennai
2019 - Entered the plotted development segment under the name of "Shriram Earth." The first project under the series was launched in April, 2019 located off Mysore Road, Bengaluru. This project is spread over an area of 20 acres and contains 381 plots - Entered into a debenture trustee agreement with Kotak India Affordable Housing Fund - 1 for investment of Rs. 400 million for the development of Shriram Grand Two, an affordable housing project in Kolkata with approximately 2 million square feet of saleable area.
2022
-Shriram Properties acquires a plotted development project in Bangalore
-Shriram Properties acquires Suvilas Realities
-Shriram Properties acquires Golden Ira project
-Company has entered into MoU with ASK Property Fund for setting up an investment platform for acquisition of residential real estate projects
2024
-Shriram Properties launched new residential project under the \Codename Ultimate\ with project revenue potential of Rs. 350Crs.
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