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Mar 2 • 4 tweets • 4 min read
Exclusive lease deal signed between Sunteck Realty and Upgrad for premium commercial project Sunteck BKC51, set to generate revenue of Rs 2000 Crores over lease tenure. #SunteckRealty #Upgrad #SunteckBKC51 #LeaseDeal #RealEstate #revenue ImageImage
Sunteck Realty signs a 29-year exclusive lease deal with Upgrad Education Private Limited for its luxurious commercial project, Sunteck BKC51. The project, located off Bandra Kurla Complex (BKC), is expected to generate revenue of Rs 2000 Crores over the lease tenure. (1/3)
The carpet area-based rental is close to Rs 300 per sq ft. per month. The project is equipped with modern amenities and is Green Building Pre-Certified by Edge-IFC, a member of the World Bank group. (2/3)
Upgrad will provide superior education infrastructure for its students, and the possession is set to complete by June 2023. #SunteckRealty #Upgrad #SunteckBKC51 #LuxuryRealEstate #GreenBuilding #EducationInfrastructure #RevenueGeneration (3/3)

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More from @niveyshak

Arka Bhattacharjee Profile picture
Mar 4
The company I am talking about is "RattanIndia Enterprises" quite a familiar name in investing community.

Associations and Investments
- Cocoblu
- Revolt
- BankSe
- NeoSky
- Throttle Aerospace Systems (TAS)
- Matternet
Cocoblu Retail Ltd., a wholly owned subsidiary of RattanIndia Enterprises Limited, is one of the largest online sellers in India across multiple product categories and committed to scaling up brands and helping them reach their true potential through digital channels. ImageImageImageImage
- Company approved a Rs. 350 cr investment in its wholly owned subsidiary Cocoblu Retail for driving its e-commerce vertical.
- Cocoblu will partner with big and small brands in India and offer end-to-end value-chain management solutions to them.
Link: cocoblu.in ImageImageImageImage
Read 21 tweets
Arka Bhattacharjee Profile picture
Mar 4
#GRINFRA Investor PPT

- Q3 - FY 23 Highlights
- Nine Months Total income in FY 22 > 57504M and 62787M in FY23
- EBIDTA > 15% and 16% for FY 22 and FY23 respectively
- Improvement in Debt to Equity Ratio & Net Debt to Equity Ratio in last 6 months till Dec ImageImageImageImage
- PnL
- Debt Breakup
- Development during the Year – Execution of Concession/ Share Purchase Agreements & Financial Closures
- Annuities received since FY 21 till FY 23 ImageImageImageImage
- Portfolio of Road / Transmission Projects (Operational and Under Construction)
- Robust Order Book (strong pipeline of upcoming projects)
- GRIL – Core Business ImageImageImageImage
Read 6 tweets
Arka Bhattacharjee Profile picture
Mar 4
#GRINFRA has been awarded a Letter of Award (LOA) for the "Development, Operation and Maintenance of Multi-Modal Logistics Park (MMLP) Indore near Pithampur, in Dhar District in the State of Madhya Pradesh (1/4) Image
through Public Private Partnership on Design, Build, Finance, Operate and Transfer (DBFOT) basis." The estimated project cost is INR 758.10 crores, and the construction period is expected to be 2 years from the appointed date, while the operation period will be for 45 years (2/4)
including the construction period, from the appointed date. The company will provide timely updates to stakeholders about further developments related to this project.(3/4)
Read 4 tweets
Arka Bhattacharjee Profile picture
Mar 3
Archean Chemical Industries Limited's rating has been upgraded to [ICRA]BBB+(Stable) and withdrawn. The upgrade is due to the company's improved financial risk profile after raising Rs. 805 crore through an initial public offering (IPO) in November 2022. (1/4)

#ACI #ICRA2023 ImageImage
The IPO proceeds were used to redeem non-convertible debentures, strengthening the capital structure & coverage metrics. Revenues & operating profitability remained strong in FY2022 & 9M FY2023, supported by robust demand & healthy realizations for bromine & industrial salt (2/4)
The rating takes into consideration the company's competitive advantage, long-term offtake agreement with Sojitz Corporation, and exposure to external factors such as excessive rainfall. (3/4)
Read 4 tweets
Arka Bhattacharjee Profile picture
Mar 2
Exciting news for movie lovers in Bahrain! EPIX Cinemas opens a luxurious 10-screen cinema, managed by Mukta A2 Multiplex WLL. Enjoy the latest movies, advanced technologies, and scrumptious food & beverage offerings. Mukta Arts now controls 95 screens worldwide.😄😄 (1/4) ImageImage
EPIX Cinemas has opened a new luxury cinema destination in Bahrain, boasting 10 screens and 1125 seats. Managed by Mukta A2 Multiplex WLL, the cinema features state-of-the-art technologies like Laser Projection and Dolby Atmos surround sound. (2/4)
Movie-goers can enjoy the latest movie releases in all languages, as well as luxurious seating and delectable food and beverage offerings. With this opening, Mukta Arts Limited now controls a total of 95 screens, including 16 through Mukta A2 Multiplex WLL in Bahrain and (3/4)
Read 4 tweets
Arka Bhattacharjee Profile picture
Mar 2
#TataMotors reported a 2.5% increase in total sales for February 2023, selling a total of 79,705 units compared to 77,733 units in February 2022. (1/4) Image
The company's domestic sales performance saw a growth of 6%, with a total of 78,006 units sold. In the commercial vehicle category, the company saw a growth of 26% in the M&HCV segment, while the I&LCV segment saw a decline of 21%. (2/4)
The passenger carriages segment showed significant growth with a 106% increase in sales. The domestic sales of MH&ICV for February 2023 stood at 17,282 units. The total sales for MH&ICV in domestic and international business for February 2023 stood at 17,928 units. (3/4)
Read 4 tweets

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