- Business
- Univastu India Limited provides integrated engineering, procurement, and construction (EPC) services for civil, structural, and infrastructure projects in India; undertakes works contracts for metro stations, multipurpose halls, commercial and industrial structures, hospitals, cold storages, educational institutions, sports complexes, mass housing, water supply and drainage systems, roads, bridges, and major/minor irrigation projects; and trades construction materials including steel, cement, and electrical products. The ISO 9001-, 14001-, and 18001-certified company, founded in 2009 and headquartered in Pune, Maharashtra, primarily serves government agencies and private sector clients across regions such as Maharashtra, Haryana, Uttar Pradesh, Goa, and Chandigarh, with subsidiaries including Univastu Bootes Infra LLP, Univastu HVAC India Pvt. Ltd., and Univastu Charitable Foundation, alongside associates like Unique Vastu Nirman Projects Pvt. Ltd. and Unicon Vastu Nirman India Pvt. Ltd.
In recent developments, the company reported consolidated revenue growth of 41.32% to Rs. 17,203 lakhs for FY 2024-25, alongside a 55% increase in profit after tax to Rs. 1,551 lakhs, reflecting expanded operations in infrastructure and allied services. It secured major contracts including the Rs. 244.31 crore Divisional Sports Complex in Jalgaon awarded on May 16, 2025, and the Rs. 88.03 crore Chhatrapati Shivaji Maharaj Sports Complex in Karad awarded on May 5, 2025; issued 683,000 convertible share warrants to non-promoter investors for working capital and acquisitions; advanced resolution processes for Opal Luxury Time Products Ltd. (NCLT-approved plan) and Setubandhan Infrastructure Ltd. (NCLAT-extended CIRP); approved related party transactions up to Rs. 100 crore each with entities like Unique Vastu Developers Pvt. Ltd. and Univastu Bootes Infra LLP from FY 2025-26; proposed increasing authorized share capital to Rs. 50 crore and issuing 2:1 bonus shares; re-appointed Narendra Bhagatkar as Whole-time Director and appointed Rajiv Kapoor as Independent Director in 2025; and recommended new statutory auditors M/s D R B S V and Associates.